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Is $779,000 overpriced for this old bungalow in Ajax? This real estate agent says it’s ‘madness’ Nov 19th
“Who is going to pay $779,000 for this little (house) in Ajax? I mean, it’s cute, but it’s $779,000 for two bedrooms and two bathrooms. That’s crazy,” said real estate agent Othneil Litchmore..... More »
Fastly Announces Second Quarter 2020 Financial Results - Business Wire Aug 5th
Fastly Announces Second Quarter 2020 Financial Results Business WireRogers Sugar Inc.: 3rd Quarter 2020 Results Toronto Stock Exchange:RSI GlobeNewswireTeva Reports Second Quarter 2020 Financial Results Yahoo FinanceSafety Announces Second Quarter 2020 Results and De.... More »
Wall St slips with inflation data on deck - Reuters Feb 28th
Wall St slips with inflation data on deck ReutersStock market today: US stocks slip in cautious countdown to PCE print as bitcoin soars past $60,000 Yahoo FinanceStock Market Today: Dow Jones Falls On Surprise GDP Data; Cathie Wood Sells More Nvidia Stock Investor's .... More »
The best Mastercard credit cards in Canada for 2024 + MORE Oct 18th
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Allowance apps are the modern piggy banks and they could really help your kids Nov 29th
Canadian youth get top marks for financial literacy but more than one in ten 15-year-olds struggle with basic financial skills. But new allowance apps can help them manage their chores and allowance..... More »
Aurora CanniMed $1B cannabis deal puts pressure on competitors
– canadianbusiness.com
Aurora Cannabis Inc.’s friendly billion-dollar deal to buy rival licensed producer CanniMed Therapeutics Inc. marks the biggest acquisition the marijuana sector has seen and puts pressure on their competitors to up their expansion antes.
The agreement, valued around $1.1 billion, comes after an acrimonious takeover battle that included a public war of words and a lawsuit filed by CanniMed against its suitor.
But after spending long days at the negotiating table since late last week, the adversaries agreed on a transaction that now includes both shares and cash _ a sweeter deal than the earlier all-stock transaction offered in November.
“It probably creates an expectation that there will be more consolidation in the sector,” said Aurora’s chief corporate officer Cam Battley.
The CanniMed transaction marks the largest acquisition in this sector by far, said Russell Stanley, special situations analyst at Echelon Wealth Partners.
There is now increased pressure for the sector’s bigger players _ who have all raised money amid soaring share prices recently _ to scale up either organically or via acquisitions, Stanley said…
The agreement, valued around $1.1 billion, comes after an acrimonious takeover battle that included a public war of words and a lawsuit filed by CanniMed against its suitor.
But after spending long days at the negotiating table since late last week, the adversaries agreed on a transaction that now includes both shares and cash _ a sweeter deal than the earlier all-stock transaction offered in November.
“It probably creates an expectation that there will be more consolidation in the sector,” said Aurora’s chief corporate officer Cam Battley.
The CanniMed transaction marks the largest acquisition in this sector by far, said Russell Stanley, special situations analyst at Echelon Wealth Partners.
There is now increased pressure for the sector’s bigger players _ who have all raised money amid soaring share prices recently _ to scale up either organically or via acquisitions, Stanley said…
Trump's Russian Money
– online.wsj.com
The big carrot in U.S. relations has been access to Western banks and real estate.Loonie surges 3/4 of a cent against greenback, TSX down despite oil price surge
– canadianbusiness.com
TORONTO _ The loonie jumped nearly three-quarters of a cent today following comments by the U.S. Treasury Secretary that a weaker greenback is good, as the Toronto stock index lost ground.
The Canadian dollar closed at an average trading value of 81.03 cents US, up 0.73 of a U.S. cent.
Speaking this morning at the World Economic Forum in Davos, Switzerland, Treasury Secretary Steven Mnuchin said he’s not concerned with the recent weakening of the U.S. dollar because when the currency goes down, it makes U.S. goods less expensive in other markets.
The S&P/TSX composite index was down 73.34 points to 16,284.21, despite a rally in oil and gold prices.
The March crude contract soared US$1.14 to US$65.61 per barrel and the February bullion contract climbed US$19.60 to US$1,356.30 an ounce.
In New York, the Dow Jones industrial average was up 41.31 points to 26,252.12. The S&P 500 index edged back 1.59 points to 2,837.54 and the Nasdaq composite index was down 45.23 points to 7,415…
The Canadian dollar closed at an average trading value of 81.03 cents US, up 0.73 of a U.S. cent.
Speaking this morning at the World Economic Forum in Davos, Switzerland, Treasury Secretary Steven Mnuchin said he’s not concerned with the recent weakening of the U.S. dollar because when the currency goes down, it makes U.S. goods less expensive in other markets.
The S&P/TSX composite index was down 73.34 points to 16,284.21, despite a rally in oil and gold prices.
The March crude contract soared US$1.14 to US$65.61 per barrel and the February bullion contract climbed US$19.60 to US$1,356.30 an ounce.
In New York, the Dow Jones industrial average was up 41.31 points to 26,252.12. The S&P 500 index edged back 1.59 points to 2,837.54 and the Nasdaq composite index was down 45.23 points to 7,415…
The pitiful performance of the TSX vs. the rest of the world appears set to continue
– theglobeandmail.com
The invigorated global economy is fuelling a synchronized rise in equity prices that has excluded few markets – Canada being one big exception
