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120 days - 1.75% + MORE Sep 24th
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online..... More »
Toronto stock market to open higher, traders look to key Canadian, U.S. data + MORE Aug 29th
TORONTO – The Toronto stock market headed for a positive open ahead of the long Labour Day weekend as traders awaited a basket of key economic data including the latest economic growth figures for Canada and U.S. consumer spending and confidence numbers.
The Canadian dollar gained 0.01 of a ce.... More »
How sustainable is Wealthsimple’s new socially responsible portfolio? + MORE Jul 13th
Investors who want to invest in sustainable solutions will need to incorporate additional products including green ETFs or community bonds if they want their investment to have a positive impact..... More »
How to switch out of high-fee funds + MORE Dec 8th
Q: I’ve been investing for years with a financial advisor I really like. I have about $200,000 in high-fee A-series mutual funds and I would like to switch into low-fee ETFs, but my advisor doesn’t deal with ETF portfolios. How can I change my investment strategy without causing any hard feelin.... More »
CSA takes big step towards ban on embedded commissions + MORE Jun 30th
CSA has released a notice indicating that securities regulators are on course to ban embedded commissions.
“After thorough examination, the CSA finds that the prevailing practice of remunerating dealers and their representatives for mutual fund sales through commissions, including sales and trail.... More »
Slower sales forecasts from Wal-Mart and Cisco drive stock market lower; Bond yields rise
– canadianbusiness.com
NEW YORK, N.Y. – Stocks are sharply lower in midday trading after disappointing news from two companies in the Dow Jones industrial average.
Wal-Mart fell 2.2 per cent after reporting lower revenue and cutting its profit forecast for 2013. Cisco plunged 7 per cent after the network equipment maker’s outlook missed analysts’ estimates. The company also said it would slash 4,000 jobs.
The Dow was down 173 points, or 1.1 per cent, to 15,164 shortly before noon Thursday. It was down 230 points earlier.
The Standard & Poor’s 500 index lost 18 points, or 1.1 per cent, to 1,666.
The Nasdaq composite fell 47 points, or 1.3 per cent, to 3,622.
The yield on the benchmark 10-year Treasury note jumped to 2.80 per cent, the highest since July 2011.
The post Slower sales forecasts from Wal-Mart and Cisco drive stock market lower; Bond yields rise appeared first on Canadian Business.
Wal-Mart fell 2.2 per cent after reporting lower revenue and cutting its profit forecast for 2013. Cisco plunged 7 per cent after the network equipment maker’s outlook missed analysts’ estimates. The company also said it would slash 4,000 jobs.
The Dow was down 173 points, or 1.1 per cent, to 15,164 shortly before noon Thursday. It was down 230 points earlier.
The Standard & Poor’s 500 index lost 18 points, or 1.1 per cent, to 1,666.
The Nasdaq composite fell 47 points, or 1.3 per cent, to 3,622.
The yield on the benchmark 10-year Treasury note jumped to 2.80 per cent, the highest since July 2011.
The post Slower sales forecasts from Wal-Mart and Cisco drive stock market lower; Bond yields rise appeared first on Canadian Business.
Buffett buys Suncor stock; Paulson dumps Barrick
– theglobeandmail.com
Paulson also cuts gold ETF holdings for first time since first quarter of 2011
4.5 year – 2.45%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
A penny stock fraud scheme that allegedly conned investors in 35 countries out of more than $140 million is raising questions about how authorities can combat such financial scams in the internet age.If I Were Carl Icahn…
– IntelligentSpeculator.net
I’m sure that most of you would agree that Twitter is a very important product and company. I’m anxiously awaiting its stock going public even though there doesn’t seem to be anywhere near the level of hype that we saw in the months before the Facebook (FB) IPO. Why? I’m not exactly sure. Twitter is a major force and is increasingly mainstream. It has now proved its ability not only to provide news but also to make money.A few months ago, when the Associated Press twitter account was hacked and a false message about a fire at the White House appeared, the market quickly tanked only to get right back once it was rebuffed. That is certainly one (illegal) way to use Twitter for financial gain. This week, we saw a much more legitimate way to use Twitter. Carl Icahn (@Carl_C_Icahn), one of the most powerful investors in the world announced he had a big stake in Apple (AAPL) with over $1.5B in stock. The stock shot up instantly.
Some investors bought right away to profit from the quick jump…
