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Virtual Reality could make this stock the next Amazon.com + MORE May 19th
An examination of the most promising and profitable investment themes from Citi’s global quantitative strategy team
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60 days - 1.75% + MORE Jan 1st
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online..... More »
When ETFs wind down + MORE Jul 28th
Q: I received a notice that an ETF I own will be closed within the next few months. Is it better to sell it now or wait until the termination date?
–S.H.
A: ETFs are now available for just about every niche sector and exotic asset class, so it shouldn’t be surprising when some of these fail to a.... More »
How the Canada GST/HST tax credit works + MORE Aug 5th
For many working-class Canadians, rising costs make every dollar count. That’s where the GST/HST credit comes in. This credit is meant to support individuals and families with lower or modest incomes. If you qualify, you’ll receive payments from the Canada Revenue Agency (CRA) every three months.... More »
Ovintiv to buy oil-rich assets in Canada's Montney shale for $2.38 billion - Reuters + MORE Nov 14th
Ovintiv to buy oil-rich assets in Canada's Montney shale for $2.38 billion ReutersOvintiv consolidates holdings with $3.3-billion Montney buy, $2.8-billion Uinta sale The Globe and MailParamount Resources Ltd. announces $3.325 billion asset sale BOE ReportOvintiv is .... More »
Sluggish economy, excess global steel capacity lead US Steel to book $1.8 billion charge in 3Q
– canadianbusiness.com
PITTSBURGH, Pa. – U.S. Steel Corp. says its third-quarter financial results will include a non-cash “goodwill” impairment charge of $1.8 billion, reflecting an adjustment in the value of its steel-making operations.
The Pittsburgh-based company said Friday that the move is driven primarily by the impact of the lengthy economic recovery, excess global steelmaking capacity and lower prices for steel products.
The charge applies to US Steel’s North American flat-rolled and Texas Operations units.
U.S. Steel says that the charge will not affect its liquidity or compliance with debt covenants.
Companies are required to take a goodwill charge if they determine that the carrying value of an asset exceeds its fair value.
U.S. Steel shares fell 5 cents in extended trading after closing up 32 cents at $23.98.
The post Sluggish economy, excess global steel capacity lead US Steel to book $1.8 billion charge in 3Q appeared first on Canadian Business.
The Pittsburgh-based company said Friday that the move is driven primarily by the impact of the lengthy economic recovery, excess global steelmaking capacity and lower prices for steel products.
The charge applies to US Steel’s North American flat-rolled and Texas Operations units.
U.S. Steel says that the charge will not affect its liquidity or compliance with debt covenants.
Companies are required to take a goodwill charge if they determine that the carrying value of an asset exceeds its fair value.
U.S. Steel shares fell 5 cents in extended trading after closing up 32 cents at $23.98.
The post Sluggish economy, excess global steel capacity lead US Steel to book $1.8 billion charge in 3Q appeared first on Canadian Business.
NYSE to open up facilities for testing ahead of Twitter IPO
– theglobeandmail.com
Initial public offering of microblogging site Twitter is the most highly anticipated since Facebook’s IPO last year
How to plan for the unexpected costs of illness
– thestar.com
Making financial plans for unexpected health issues is important, say financial advisors, including access to an emergency fund, even if it’s through a secured line of credit.Google stock breaks $1,000 barrier
– cbc.ca
Strong third-quarter results have sent Google’s stock past the $1,000 US mark for the first time.
National PostHarper calls tentative EU agreement 'biggest deal Canada has ever made'CTV NewsCanada and the European Union reached a tentative free-trade deal on Friday that is intended to eliminate virtually all tariffs and many barriers on trade, investment and labour mobility. The deal, which Prime Minister Stephen Harper hopes to see fully ratified …Canada-Europe trade deal not really about trade: WalkomToronto StarConsumer prices expected to drop through Canada-EU trade dealCanada.comJOHNSTONE: Harper has little to brag aboutRegina Leader-PostNational Post -Reuters Canada -The Globe and Mailall 797 news articles »
