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Tesla shares plunge 12% as investors wary of Elon Musk's Twitter plan - CBC News + MORE Apr 26th
Tesla shares plunge 12% as investors wary of Elon Musk's Twitter plan CBC NewsTesla Is on Pace to Lose $100 Billion in One Day BNNTesla loses $126 billion in one day Financial PostTesla Stock Drop Wipes Out $126 Billion in One Day Yahoo FinanceWhy Elon Mus.... More »
Big banks set to reveal quarterly profits as NAFTA fears and rate hikes loom Aug 21st
The big Canadian banks are set to reveal their quarterly earnings over the next week, and investors will take a close look to see whether anxiety over higher interest rates and an uncertain trade environment are hurting the economy's prospects..... More »
Making sense of the markets this week: July 10 Jul 8th
This week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
The first half of 2022 asset scorecard—not good
The S&P 500 entered a bear market last month and recorded its worst first half since 1962, down 20.6%. Th.... More »
Do inflation-linked bonds make sense in an era of rising interest rates? + MORE Feb 24th
For a long time, inflation-linked bonds like TIPs (Treasury Inflation-Protected Securities) in the U.S. or Government of Canada Real Return Bonds (RRBs) seemed like valid alternatives to nominal bonds for inflationary environments. If inflation ticks above certain levels, such bonds—or exchange-tr.... More »
Paying yourself first Oct 28th
There is perhaps no single piece of financial advice more frequently repeated than “pay yourself first.” And with good reason. It’s tough to grow savings if you prioritize all your spending needs and wants ahead of putting money away. While some of us fully intend to stash whatever is left at .... More »
As troubles brew in Canada, RBI plans to expand Tim Hortons to Spain
– canadianbusiness.com
Tim Hortons plans to expand to Spain, its fourth venture abroad in recent months, as it tries to overcome lagging sales and an internal revolt from disgruntled franchisees in Canada.
Restaurant Brands International (TSX:QSR), the parent company of the coffee-and-doughnut chain, said Wednesday it has signed a deal with a joint venture partner to set up shop in one of the largest cafe markets in Europe.
Chief financial officer Josh Kobza said Spain provides an intriguing opportunity for RBI in its quest to be a dominant player in the global coffee industry following forays into Mexico, Britain and the Philippines.
“We’re building a lot of momentum in the international business,” Kobza said in an interview.
“Some of our other potential partners are starting to see how well the Tims brand is resonating in other countries outside of Canada around the world.”
The announcement coincided with RBI’s results that showed same-store sales at Tim Hortons, an important metric in retail measuring sales at locations open for at least a year, fell for the second consecutive quarter…
Restaurant Brands International (TSX:QSR), the parent company of the coffee-and-doughnut chain, said Wednesday it has signed a deal with a joint venture partner to set up shop in one of the largest cafe markets in Europe.
Chief financial officer Josh Kobza said Spain provides an intriguing opportunity for RBI in its quest to be a dominant player in the global coffee industry following forays into Mexico, Britain and the Philippines.
“We’re building a lot of momentum in the international business,” Kobza said in an interview.
“Some of our other potential partners are starting to see how well the Tims brand is resonating in other countries outside of Canada around the world.”
The announcement coincided with RBI’s results that showed same-store sales at Tim Hortons, an important metric in retail measuring sales at locations open for at least a year, fell for the second consecutive quarter…
The financial disadvantages of living alone
– theglobeandmail.com
Census 2016 data shows singles now account for the biggest slice of Canadian households
Linamar earnings beat estimates as quarterly sales grow
– theglobeandmail.com
Auto parts maker reported $2.45 per share diluted, compared to estimates of $2.41 per share
Toronto stock index advances on energy as the price of oil nears US$50
– canadianbusiness.com
Canada’s main stock index advanced Wednesday, led primarily by gains from oil and gas producers as the price of crude edged back closer to the US$50 mark.
The S&P/TSX composite index was up by 63.53 points to 15,265.63, with the energy sector among key advancers.
The September crude oil contract rose 43 cents to settle at US$49.59 per barrel, after breaching US$50 on Monday for the first time in about two months.
“We’re seeing short-term optimism in terms of oil prices, which is refreshing to see given that the overlying theme this year has been weakness in oil prices after the rebound we saw in 2016,” said Kash Pashootan, a senior vice-president and portfolio manager at First Avenue Advisory, a Raymond James company in Toronto.
Still, Pashootan said he doesn’t feel the supply and demand fundamentals have changed enough where prices would rise to US$55 to US$60, at least not any time soon.
“We don’t feel that from a foundational point of view that the story with oil has changed…
The S&P/TSX composite index was up by 63.53 points to 15,265.63, with the energy sector among key advancers.
The September crude oil contract rose 43 cents to settle at US$49.59 per barrel, after breaching US$50 on Monday for the first time in about two months.
“We’re seeing short-term optimism in terms of oil prices, which is refreshing to see given that the overlying theme this year has been weakness in oil prices after the rebound we saw in 2016,” said Kash Pashootan, a senior vice-president and portfolio manager at First Avenue Advisory, a Raymond James company in Toronto.
Still, Pashootan said he doesn’t feel the supply and demand fundamentals have changed enough where prices would rise to US$55 to US$60, at least not any time soon.
“We don’t feel that from a foundational point of view that the story with oil has changed…
Toronto, other Canadian cities now hubs for same-sex marriage: 2016 census – CBC.ca
– news.google.ca
CBC.caToronto, other Canadian cities now hubs for same-sex marriage: 2016 censusCBC.caThe latest release of 2016 census data paints a picture of LGBT life and the progress that has been made over a decade in Toronto and other Canadian cities, since gay marriage was legalized on July 20, 2005. Statistics Canada says 72,880 people …The financial disadvantages of living aloneThe Globe and MailMore Canadians than ever are living alone and without children, census findsToronto StarCanada has more same-sex couples, one-person households, census showsTheSpec.comMontreal Gazette -Huffington Post Canada -Kelowna Capital News -Alberta Daily Herald Tribuneall 44 news articles »
