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Australia's ruling party to choose new prime minister - CBC.ca + MORE Aug 24th
CBC.caAustralia's ruling party to choose new prime ministerCBC.caAustralia appears set to get its sixth change of prime minister in 11 years, in a ballot of government lawmakers which would continue an era of extraordinary political instability. Foreign Minister Julie Bishop is among the favour.... More »
Oilsands bitumen prices in negative territory, analyst calculates + MORE Oct 13th
A financial analyst says prices being paid for Western Canadian oilsands bitumen have fallen so far that producers are losing money on every barrel sold into the spot market..... More »
Would Amazon's Acquisition of Electronic Arts Make Sense? - The Motley Fool Aug 27th
Would Amazon's Acquisition of Electronic Arts Make Sense? The Motley FoolWhy are all these tech companies suddenly not buying EA? MobileSyrupElectronic Arts stock surges on rumor of potential Amazon sale Yahoo FinanceElectronic Arts buffeted on report of Amazon ready.... More »
Morgan Stanley slashes worst-case price for Tesla to just US$10 - BNNBloomberg.ca + MORE May 21st
Morgan Stanley slashes worst-case price for Tesla to just US$10 BNNBloomberg.caMorgan Stanley explains how Tesla could become a $10 stock Yahoo Canada FinanceTesla shares could drop to $10 in a worst-case scenario, Morgan Stanley says CNBCMorgan Stanley Slashes Worst.... More »
Making sense of the markets this week: November 9 + MORE Nov 6th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Did the stock markets predict the U.S. presidential election?
This past week, the headlines were all about the U.S. election, all the time. I’ve seen so many predictions, in.... More »
Junior miners seek funding from seniors as bought deal popularity fades
– theglobeandmail.com
Last year, the value of mining bought deals cratered despite a rebounding IPO market
North American markets show gains after temporary tariff reprieve
– canadianbusiness.com
TORONTO – The Toronto stock index saw moderate gains as U.S. President Donald Trump announced broad tariffs on steel and aluminum that exempted Canada and Mexico.
The S&P/TSX composite index closed up 66.09 points at 15,538.70, with the industrials and financials sectors offsetting losses in base metal stocks.
In New York, the Dow Jones industrial average was up 93.85 points to 24,895.21. The S&P 500 index was up 12.17 points to 2,738.97 and the Nasdaq composite index was up 31.30 points to 7,427.95.
The Canadian dollar closed at an average trading value of 77.36 cents US, up 0.12 of a U.S. cent.
The April crude contract was down US$1.03 to US$60.12 per barrel and the April natural gas contract was down two cents at US$2.76 per mmBTU.
The April gold contract was down US$5.90 to US$1,321.70 an ounce and the May copper contract was down six cents to US$3.08 a pound.
The post North American markets show gains after temporary tariff reprieve appeared first on Canadian Business – Your Source For Business News.
The S&P/TSX composite index closed up 66.09 points at 15,538.70, with the industrials and financials sectors offsetting losses in base metal stocks.
In New York, the Dow Jones industrial average was up 93.85 points to 24,895.21. The S&P 500 index was up 12.17 points to 2,738.97 and the Nasdaq composite index was up 31.30 points to 7,427.95.
The Canadian dollar closed at an average trading value of 77.36 cents US, up 0.12 of a U.S. cent.
The April crude contract was down US$1.03 to US$60.12 per barrel and the April natural gas contract was down two cents at US$2.76 per mmBTU.
The April gold contract was down US$5.90 to US$1,321.70 an ounce and the May copper contract was down six cents to US$3.08 a pound.
The post North American markets show gains after temporary tariff reprieve appeared first on Canadian Business – Your Source For Business News.
Financial experts say managing their clients’ expectations is getting increasingly complicated as interest in the cannabis industry surges ahead of legalization in Canada, despite fear that the sector is either already in or headed for ‘bubble’ status.
10 ways women can grow their wealth
– moneysense.ca
Women can often have a tougher time than men when it comes to money. That’s not because women are bigger spenders than men or that they simply aren’t interested in building wealth and investing. The truth is, there are real structural roadblocks to attaining financial freedom for women compared to their male counterparts.
We’ve all familiar with the gender gap statistics. A recent Maclean’s article highlighted a 26 per cent gap between full-time wages paid to men and women in Canada.
But it doesn’t end there. Women feel financial headwinds in a lot of areas. Surveys clearly bear this out. For instance, according to a November 2017 survey done by Los Angeles-based Capital Group Companies, one of the largest investment management firms in the world, even though women believe they have more economic power as investors than they do in the workplace, eight out of 10 women have personally experienced negative stereotypes about their investing know-how and financial contributions to the household…
Chinese oil firm Sequoia was exempt from viability rules: documents
– theglobeandmail.com
The company now seeking creditor protection in Alberta was exempted from rules aimed at stopping financially shaky producers from buying distressed assets
