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European shares fall as investors take stock of spreading virus - Reuters + MORE Mar 27th
European shares fall as investors take stock of spreading virus ReutersView Full coverage on Google News.... More »
Top Canadian Dividend ETFs for your portfolio + MORE May 25th
Last year, I shared my favourite Canadian Exchange Traded Funds (ETFs) on this site along with some top U.S. and international considerations for your portfolio. The ETF landscape has changed a bit over the last year so today’s post will update some of that content, starting with my top Canadi.... More »
CalPERS provides superb reading list database on Corporate Sustainability research + MORE Sep 22nd
Kudos to pension fund giant CalPERS for making available a fantastic resource for investors wanting to find out how long term company success and stock returns can be influenced by paying attention to sustainability factors like governance, social responsibility and environmental performance, especi.... More »
BMO, CIBC's Simplii warn 'fraudsters' may have breached tens of thousands of customers' accounts - The Globe and Mail May 28th
The Globe and MailBMO, CIBC's Simplii warn 'fraudsters' may have breached tens of thousands of customers' accountsThe Globe and MailThe subject who is truly loyal to the Chief Magistrate will neither advise nor submit to arbitrary measures. close panel. close panel. Privacy Polic.... More »
Canada Goose prepares for IPO: sources + MORE Oct 8th
IPO would demonstrate the explosive growth the company has experienced
.... More »
Home Depot’s second-quarter net income jumped 18 per cent, helped by an improving housing market and good response to holiday events.
Home
– macleans.ca
Home is where the bills are
Canadians are obsessed with real estate, particularly in…
Canadians are obsessed with real estate, particularly in…
FBI says 63-year-old Canadian Gregory Curry — the last member of a group being sought by authorities in connection with a $140 million penny stock fraud — was arrested Tuesday morning in Bangkok and will face extradition to the U.S.
Asian stock markets choppy as traders wait for the latest clues from the Federal Reserve
– canadianbusiness.com
BANGKOK – Asian stock markets were choppy Wednesday as traders waited for hints from the U.S central bank about when it might begin to reduce its massive stimulus effort.
Investors will be scrutinizing the minutes of the Federal Reserve’s July policy meeting when they are published later Wednesday. The bank currently buys $85 billion a month in government securities in order to help keep interest rates down and spur borrowing and investment. Improvement in the U.S. economy has raised expectations the Fed will begin reducing its monetary stimulus next month.
“It definitely will be a very choppy Asian session for the rest of the day,” said Stan Shamu of IG in Melbourne, Australia. “Everyone is looking for a bit more clarity from these minutes. Whether they provide it or not is still in question.”
Global markets have been shaky this week as traders, worried about a pullback in bond purchases, began dumping bonds. That sent prices lower and yields sharply higher…
Investors will be scrutinizing the minutes of the Federal Reserve’s July policy meeting when they are published later Wednesday. The bank currently buys $85 billion a month in government securities in order to help keep interest rates down and spur borrowing and investment. Improvement in the U.S. economy has raised expectations the Fed will begin reducing its monetary stimulus next month.
“It definitely will be a very choppy Asian session for the rest of the day,” said Stan Shamu of IG in Melbourne, Australia. “Everyone is looking for a bit more clarity from these minutes. Whether they provide it or not is still in question.”
Global markets have been shaky this week as traders, worried about a pullback in bond purchases, began dumping bonds. That sent prices lower and yields sharply higher…
Denmark’s Carlsberg brewery sees Q2 earnings dip on slump in Western Europe sales
– canadianbusiness.com
COPENHAGEN – Denmark’s Carlsberg says problems in its core West European market weighed on its financial performance during the second-quarter of the year.
The brewer says operating profit for the three-month period fell 1 per cent 3.4 billion kroner ($617 million), on a modest 2 per cent revenue increase to 19.6 billion kroner. The company said Wednesday that a 6 per cent decline in second-quarter volume sales in Western Europe was offset by strong growth in Asia.
Western Europe is hugely important to the company. In the second quarter, sales from the region amounted to 10.8 billion kroner, or 55 per cent of the total.
Overall, Carlsberg’s adjusted net profit fell 1 per cent to 2.1 billion kroner compared to the same period last year.
The post Denmark’s Carlsberg brewery sees Q2 earnings dip on slump in Western Europe sales appeared first on Canadian Business.
The brewer says operating profit for the three-month period fell 1 per cent 3.4 billion kroner ($617 million), on a modest 2 per cent revenue increase to 19.6 billion kroner. The company said Wednesday that a 6 per cent decline in second-quarter volume sales in Western Europe was offset by strong growth in Asia.
Western Europe is hugely important to the company. In the second quarter, sales from the region amounted to 10.8 billion kroner, or 55 per cent of the total.
Overall, Carlsberg’s adjusted net profit fell 1 per cent to 2.1 billion kroner compared to the same period last year.
The post Denmark’s Carlsberg brewery sees Q2 earnings dip on slump in Western Europe sales appeared first on Canadian Business.
