How to go about securing the best return for your investment in Canada.
Latest News
Mutual fund class-action lawsuit OK'd by Supreme Court + MORE Dec 12th
Canada's highest court will allow a class-action lawsuit against two of Canada's largest financial companies to go ahead..... More »
5 Tips Online Investors Should Know + MORE Nov 17th
Online Investing is a very intriguing field. If done properly, it can change your life forever. However, starting your online investing career can be very difficult and you will face a lot of challenges and questions. After doing a lot of research in this field, we have figured out some tips that ca.... More »
Stocks dive on surging inflation, Ukraine risks; China markets sell-off - Reuters.com + MORE Mar 11th
Stocks dive on surging inflation, Ukraine risks; China markets sell-off Reuters.comAsian shares rally as Russia-Ukraine talks buoy sentiment The Globe and MailHong Kong tumbles more than 3%, leading losses in Asia as Chinese tech stocks drop CNBCAsian markets join gl.... More »
John Oliver on what’s wrong with retirement planning + MORE Jun 13th
In his latest episode of Last Week Tonight, host John Oliver waded through all the confusing, infuriating intricacies of the financial advisor industry in the U.S. While firms like to paint their advisors as cuddly caretakers of your riches, Oliver pointed out all the reasons you should question t.... More »
Dow Jones loses 800 points amid concern over rate hikes Oct 10th
North American stock markets were sharply lower on Wednesday as fears of higher interest rates to come took the wind out of the sails that had been powering returns in recent years..... More »
Air Products CEO McGlade to retire in 2014, company names 3 independent directors in shakeup
– canadianbusiness.com
LEHIGH VALLEY, Pa. – Air Products said Thursday that its CEO will retire next year, and that it is adding three new independent directors to its 11-member board.
The company, which produces a variety of gases and related services for the energy, electronics and manufacturing sectors, is nearly 10 per cent owned by Bill Ackman’s Pershing Square hedge fund, making it Air Products’ biggest shareholder.
Air Products said that it will start a search for CEO John McGlade’s successor promptly. The board’s newly created search committee will be helped in its efforts by an executive search firm.
McGlade, who joined the company in 1976 and took the helm in 2007, will serve as chairman and CEO during the search and remain chairman for a transition period in 2014.
McGlade said in a statement that Air Products had a “constructive” talk with Pershing Square Capital Management about its plans and that the firm is supportive.
Ackman took a stake in Air Products in July, a week after the company adopted a shareholder rights plan to ward off any takeover attempts after it noticed unusual activity in its stock…
The company, which produces a variety of gases and related services for the energy, electronics and manufacturing sectors, is nearly 10 per cent owned by Bill Ackman’s Pershing Square hedge fund, making it Air Products’ biggest shareholder.
Air Products said that it will start a search for CEO John McGlade’s successor promptly. The board’s newly created search committee will be helped in its efforts by an executive search firm.
McGlade, who joined the company in 1976 and took the helm in 2007, will serve as chairman and CEO during the search and remain chairman for a transition period in 2014.
McGlade said in a statement that Air Products had a “constructive” talk with Pershing Square Capital Management about its plans and that the firm is supportive.
Ackman took a stake in Air Products in July, a week after the company adopted a shareholder rights plan to ward off any takeover attempts after it noticed unusual activity in its stock…
EADS boss calls on France, Britain to lead way on integrating European defence sector
– canadianbusiness.com
PARIS – The top executive at Airbus’ parent company, EADS, has criticized the European Union for being slow to integrate its defence industry.
Tom Enders says he’s skeptical of the outcome of the upcoming EU defence summit in December, adding that any progress will have to come from the leaders of France and Britain, not via Brussels.
Enders told reporters in Paris “we are further away from a common EU foreign and security policy than at any time in the last 20 years.”
He said Germany is unwilling to take the lead, and other countries lack the financial muscle power, “so that means France and the U.K. must lead the way.”
Enders added “How can Europe be taken seriously when it continues with the fragmentation it demonstrates today?”
The post EADS boss calls on France, Britain to lead way on integrating European defence sector appeared first on Canadian Business.
Tom Enders says he’s skeptical of the outcome of the upcoming EU defence summit in December, adding that any progress will have to come from the leaders of France and Britain, not via Brussels.
Enders told reporters in Paris “we are further away from a common EU foreign and security policy than at any time in the last 20 years.”
He said Germany is unwilling to take the lead, and other countries lack the financial muscle power, “so that means France and the U.K. must lead the way.”
Enders added “How can Europe be taken seriously when it continues with the fragmentation it demonstrates today?”
The post EADS boss calls on France, Britain to lead way on integrating European defence sector appeared first on Canadian Business.
Scotiabank’s wealth, insurance growth to come from abroad
– theglobeandmail.com
At home, seeks more financial planners
5.5 year – 2.95%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-09-16. Click on the link above to get more details or apply online.
BlackBerry has decided to cancel a conference call and webcast that had been scheduled for Friday after the release of its second-quarter financial results, which the company has already telegraphed will be dismal.
