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Waiting to see if declines in real estate sales translate into falling prices: Don Pittis Aug 14th
The latest numbers from the Canadian Real Estate Association will offer clues on whether falling sales will translate into price declines..... More »
Fact check: Trump tries to erase the memory of him downplaying the coronavirus - CNN Mar 17th
Fact check: Trump tries to erase the memory of him downplaying the coronavirus CNNTrump administration wants to send cheques to Americans now Aljazeera.comUS government to give citizens emergency financial aid The GuardianWhat drove Trump's newfound somber tone on co.... More »
Quebec to cut taxes for small, medium sized businesses in next budget: Couillard + MORE Jan 26th
SHANGHAI _ The Quebec Liberals are planning to cut taxes for small- and medium-sized businesses in the next provincial budget, Premier Philippe Couillard said Thursday.
He told reporters accompanying him on a trade mission to China that those businesses find themselves under increased pressure due t.... More »
Pakistani army chief visits Tehran in bid to broker renewed talks between US and Iran Apr 16th
CAIRO (AP) — Pakistan’s army chief is set to meet with Iranian officials in Tehran on Thursday in a bid to ease tensions in the Middle East and arrange a second round of negotiations between the United States and Iran….... More »
Should retirees in their early 70s partly annuitize? Jun 22nd
If you’re nearing the age when you have to wind up your registered retirement savings plan (RRSP), it’s a natural time to consider annuitizing, at least partly, if you haven’t yet done so. Canadians are required to close their RRSPs at the end of the year they turn 71. Since cashing out and pa.... More »
Calgary 20 something engineers revive investment club concept to talk stocks
– canadianbusiness.com
Some see it as a throwback to another era, but a group of 20-something Calgary engineers say they heartily recommend membership in an investment club after running one for three years.
A well-worn copy of a Canadian Investment Institute book called “How to Start and Run an Investment Club for Fun and Learning,” spotted in a second-hand bookstore four years ago, gave founder Taylor Merritt, 29, the idea to create The Hillary Club.
The $6 book sparked an online invitation to his friends to ask if they were interested.
A group of four soon started meeting weekly over breakfast for “stock talk” sessions.
About a year later, the decision was made to take the plunge and start investing real money. A partnership agreement was drafted and registered with provincial securities authorities. The members voted to donate five per cent of net income to charity.
“A lot of that first year was just feeling out everyone’s risk tolerance and their appetite for some of these different kinds of investments,” said Craig Merritt, 30, Taylor’s older brother and a founding member…
A well-worn copy of a Canadian Investment Institute book called “How to Start and Run an Investment Club for Fun and Learning,” spotted in a second-hand bookstore four years ago, gave founder Taylor Merritt, 29, the idea to create The Hillary Club.
The $6 book sparked an online invitation to his friends to ask if they were interested.
A group of four soon started meeting weekly over breakfast for “stock talk” sessions.
About a year later, the decision was made to take the plunge and start investing real money. A partnership agreement was drafted and registered with provincial securities authorities. The members voted to donate five per cent of net income to charity.
“A lot of that first year was just feeling out everyone’s risk tolerance and their appetite for some of these different kinds of investments,” said Craig Merritt, 30, Taylor’s older brother and a founding member…
Equifax reports lower third-quarter earnings after data breach
– theglobeandmail.com
Costs from the credit reporting bureau’s recently disclosed data breach that exposed deeply sensitive information on 145.5 million people have begun to mount
The close: TSX retreats as materials and financial shares weigh
– theglobeandmail.com
U.S. tax cut worries derail hopes of longest winning run in 14 years
Telus raising quarterly dividend, third quarter profit up from year ago
– canadianbusiness.com
VANCOUVER _ Telus Corp. raised its quarterly dividend as it reported its third-quarter profit was up compared with a year ago.
The telecommunications company (TSX:T) says it will now pay a quarterly dividend of 50.5 cents per share, up from 49.25 cents per share.
The increase came as Telus says it earned a profit of $367 million attributable to shareholders or 62 cents per diluted share in its latest quarter, up from $348 million or 59 cents per diluted share a year ago.
Operating revenue totalled $3.37 billion, up from $3.24 billion.
On an adjusted basis, Telus said it earned $391 million or 66 cents per share in its latest quarter, up from $383 million or 65 cents per share in the same quarter last year.
In the quarter, the company says it added 124,000 wireless customers, including 115,000 postpaid net additions, 19,000 high-speed Internet subscribers and 9,000 Telus TV customers.
The post Telus raising quarterly dividend, third quarter profit up from year ago appeared first on Canadian Business – Your Source For Business News.
The telecommunications company (TSX:T) says it will now pay a quarterly dividend of 50.5 cents per share, up from 49.25 cents per share.
The increase came as Telus says it earned a profit of $367 million attributable to shareholders or 62 cents per diluted share in its latest quarter, up from $348 million or 59 cents per diluted share a year ago.
Operating revenue totalled $3.37 billion, up from $3.24 billion.
On an adjusted basis, Telus said it earned $391 million or 66 cents per share in its latest quarter, up from $383 million or 65 cents per share in the same quarter last year.
In the quarter, the company says it added 124,000 wireless customers, including 115,000 postpaid net additions, 19,000 high-speed Internet subscribers and 9,000 Telus TV customers.
The post Telus raising quarterly dividend, third quarter profit up from year ago appeared first on Canadian Business – Your Source For Business News.
Canadian Tire reports sales up from year ago, raises quarterly dividend
– canadianbusiness.com
TORONTO _ Canadian Tire Corp. raised its quarterly dividend by 38 per cent as it reported its third-quarter profit edged higher.
The retailer says it will begin paying a quarterly dividend of 90 cents per share next year, up from 65 cents per share.
The company made the move as it reported a profit attributable to shareholders of $176.6 million or $2.59 per diluted share in its latest quarter.
That compared with a profit attributable to shareholders of $176.4 million or $2.44 per diluted share a year ago when it had more shares outstanding.
Revenue increased to $3.30 billion, up from $3.13 billion a year ago.
In addition to its namesake stores, Canadian Tire (TSX:CTC) also owns Mark’s and FGL Sports, which operates Sport Chek, Hockey Experts, Sports Experts, among other stores.
The post Canadian Tire reports sales up from year ago, raises quarterly dividend appeared first on Canadian Business – Your Source For Business News.
The retailer says it will begin paying a quarterly dividend of 90 cents per share next year, up from 65 cents per share.
The company made the move as it reported a profit attributable to shareholders of $176.6 million or $2.59 per diluted share in its latest quarter.
That compared with a profit attributable to shareholders of $176.4 million or $2.44 per diluted share a year ago when it had more shares outstanding.
Revenue increased to $3.30 billion, up from $3.13 billion a year ago.
In addition to its namesake stores, Canadian Tire (TSX:CTC) also owns Mark’s and FGL Sports, which operates Sport Chek, Hockey Experts, Sports Experts, among other stores.
The post Canadian Tire reports sales up from year ago, raises quarterly dividend appeared first on Canadian Business – Your Source For Business News.
