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Calendar: What investors need to know for the week ahead Dec 23rd
A daily rundown of the economic reports and corporate earnings that will be grabbing the market's attention in the week ahead
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Best robo-advisors in Canada for 2025 Feb 14th
Investing is a bit like renovating your home. The cheapest way is to do it yourself, with a Canadian online broker. Of course, the result will depend on your know-how and skills, and it will consume a lot of your time. Conversely, you can outsource the job to a master contractor and not lift a finge.... More »
US jury finds Hyundai responsible for crash that killed 3, orders $240M in punitive damages + MORE May 14th
POLSON, Mont. – A jury has ordered Hyundai to pay $240 million in punitive damages after finding that a manufacturing defect in a Hyundai vehicle caused a crash that killed two cousins in July 2011.
Lake County jurors late Tuesday awarded actual damages of $1 million to each parent and $500,00.... More »
Which savings plans should a 37-year-old with a military disability income contribute to, and when? Jul 28th
Q. I am 37 with a military disability income that will pay monthly until I die. Could you give your advice on which savings plans I should be investing in, and the order in which I should make my investments?
To date, I contribute to my and my spouse’s registered disability savings plan (RDSP), th.... More »
Top 100 dividend stocks in Canada 2024 + MORE Jul 30th
Overview
Top 100 Dividend Stocks
Past Performance
Methodology
Best Dividends in Canada Table of Contents
OverviewPa.... More »
Canada May Be Losing its Allure for Foreign Investors
– blogs.wsj.com
Capital inflows into Canada jumped higher in November, but the underlying trend in foreign investment is lower.
Toronto’s benchmark stock index hit its highest level in more than 2.5 years on Friday as the rebounding gold price and new confidence about the global economy pushed equities up.
Why 2013 was a good year for pension plans
– thestar.com
A combination of strong stock market returns and rising long-term interest rates boosted defined benefit plans, according to experts Towers Watson.Intel aims to boost earnings by trimming more than 5,000 jobs in 5 pct reduction of workforce
– canadianbusiness.com
SAN FRANCISCO – Intel plans to trim more than 5,000 jobs from its workforce this year in an effort to boost its earnings amid waning demand for its personal computer chips.
The Santa Clara, Calif., company confirmed the job cuts Friday, the day after Intel Corp. reported its profit and revenue had fallen for the second consecutive year.
The purge represents about 5 per cent of the roughly 108,000 jobs that Intel had on its payroll at the end of December. The company intends to jettison the jobs without laying off workers, said Intel spokesman Bill Calder. The reductions instead will be achieved through attrition, buyouts and early retirement offers.
The company didn’t estimate how much money it hopes to save by eliminating jobs. But Intel needs pare its expenses if it hopes to end a two-year slump that has seen its earnings fall from $12.9 billion in 2011 to $9.6 billion in 2013. Intel is forecasting its revenue this year will be about the same as in 2013, making it unlikely its profits can rise without cost cuts…
The Santa Clara, Calif., company confirmed the job cuts Friday, the day after Intel Corp. reported its profit and revenue had fallen for the second consecutive year.
The purge represents about 5 per cent of the roughly 108,000 jobs that Intel had on its payroll at the end of December. The company intends to jettison the jobs without laying off workers, said Intel spokesman Bill Calder. The reductions instead will be achieved through attrition, buyouts and early retirement offers.
The company didn’t estimate how much money it hopes to save by eliminating jobs. But Intel needs pare its expenses if it hopes to end a two-year slump that has seen its earnings fall from $12.9 billion in 2011 to $9.6 billion in 2013. Intel is forecasting its revenue this year will be about the same as in 2013, making it unlikely its profits can rise without cost cuts…
Business Highlights
– canadianbusiness.com
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Shoppers fret about authenticity of Target emails
NEW YORK (AP) — An email sent to the roughly 70 million Target customers who may have been affected by a pre-Christmas data breach is causing panic among those who fear it could be an attempt to victimize them again.
Target says the email, which offers free credit monitoring services to potential victims of the breach, is legitimate. But the company has identified a handful of scammers who are trying to take advantage of the public’s fear and confusion.
Consumers have been on edge since news of the data breach broke last month. And they’ve been warned to be on alert for possible follow-up attacks that could come in the form of phishing emails, electronic messages designed to implant malicious software on their computers or draw them to websites that prompt them to enter personal information.
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UPS: Last-minute online shopping hurt 4Q profit
DALLAS (AP) — UPS may have to change the way it plans for the holiday season after December shipping problems took a bite out of fourth-quarter earnings…
Shoppers fret about authenticity of Target emails
NEW YORK (AP) — An email sent to the roughly 70 million Target customers who may have been affected by a pre-Christmas data breach is causing panic among those who fear it could be an attempt to victimize them again.
Target says the email, which offers free credit monitoring services to potential victims of the breach, is legitimate. But the company has identified a handful of scammers who are trying to take advantage of the public’s fear and confusion.
Consumers have been on edge since news of the data breach broke last month. And they’ve been warned to be on alert for possible follow-up attacks that could come in the form of phishing emails, electronic messages designed to implant malicious software on their computers or draw them to websites that prompt them to enter personal information.
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UPS: Last-minute online shopping hurt 4Q profit
DALLAS (AP) — UPS may have to change the way it plans for the holiday season after December shipping problems took a bite out of fourth-quarter earnings…
