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Bill Cosby fires back at 7 women suing him for defamation - CTV News + MORE Dec 14th
CTV NewsBill Cosby fires back at 7 women suing him for defamationCTV NewsBOSTON -- Bill Cosby fired back Monday at seven women who are suing him for defamation, accusing them of making false accusations of sexual misconduct for financial gain. In a countersuit filed in federal court, Cosby alleges t.... More »
30 days - 1.75% + MORE Jun 17th
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 »
Andrew McCreath’s Forge First buys Sui Generis + MORE Oct 30th
Andrew McCreath, president and chief executive officer of Forge First Asset Management Inc., said his firm has purchased Sui Generis Investment Partners
.... More »
How to make your own financial plan in 8 easy steps Jun 18th
The process will help you think about money in ways you never have before..... More »
Trudeau promises to make gun control a top election issue - The Globe and Mail Aug 13th
Trudeau promises to make gun control a top election issue The Globe and MailMeeting with Toronto's mayor, Trudeau promises more gun control and goes on the attack against Scheer National PostCanadian government to contribute to $4.5 million investment to Toronto Police Service&.... More »
Regulators take over small bank in Oklahoma in 2nd bank failure of 2014
– canadianbusiness.com
WASHINGTON – Regulators have closed a small lender in Oklahoma, the second U.S. bank failure of 2014 after 24 closures last year.
The Federal Deposit Insurance Corp. said Friday that it has taken over The Bank of Union. BancFirst, based in Oklahoma City, has agreed to assume Bank of Union’s deposits and to buy $225.5 million of the failed bank’s assets.
Bank of Union has one branch in Oklahoma City and another one about 30 miles away in El Reno, Okla. It had $331.4 million in assets and $328.8 million in deposits as of Sept. 30.
The FDIC will keep the remaining assets to try to sell later.
The bank’s failure is expected to cost the deposit insurance fund $70 million.
The post Regulators take over small bank in Oklahoma in 2nd bank failure of 2014 appeared first on Canadian Business.
The Federal Deposit Insurance Corp. said Friday that it has taken over The Bank of Union. BancFirst, based in Oklahoma City, has agreed to assume Bank of Union’s deposits and to buy $225.5 million of the failed bank’s assets.
Bank of Union has one branch in Oklahoma City and another one about 30 miles away in El Reno, Okla. It had $331.4 million in assets and $328.8 million in deposits as of Sept. 30.
The FDIC will keep the remaining assets to try to sell later.
The bank’s failure is expected to cost the deposit insurance fund $70 million.
The post Regulators take over small bank in Oklahoma in 2nd bank failure of 2014 appeared first on Canadian Business.
The close: TSX suffers worst day in months, Dow dives 318 points
– theglobeandmail.com
U.S. stocks dropped for a second day on Friday and the S&P 500 posted its worst week since June 2012 as a selloff in emerging market assets fed through to wholesale pullbacks in equities.
Microsoft, Chipotle, Starbucks and Procter & Gamble are big market movers
– canadianbusiness.com
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
International Game Technology, down $2.61 to $15.04
Lacklustre regional gambling revenue and increased competition pressured first-quarter earnings at the gambling equipment company.
Chipotle Mexican Grill Inc., down $10.97 to $492.48
The high-flying Mexican food chain gets a downgrade from Wedbush on valuation after the shares rose almost 80 per cent in 2013.
The Procter & Gamble Co., up 94 cents to $79.18
The consumer products maker is undergoing a revamp and its quarterly profit fell 16 per cent, but adjusted results topped expectations.
Kansas City Southern, down $17.79 to $99.49
The railraod’s coal volume shipments hit their lowest level in seven years as utilities shift to cheaper and cleaner natural gas.
Nasdaq
Starbucks Corp., up $1.59 to $74.98
Falling prices for coffee beans and rising comparable stores sales around the globe pushed quarterly profits up 25 per cent…
NYSE
International Game Technology, down $2.61 to $15.04
Lacklustre regional gambling revenue and increased competition pressured first-quarter earnings at the gambling equipment company.
Chipotle Mexican Grill Inc., down $10.97 to $492.48
The high-flying Mexican food chain gets a downgrade from Wedbush on valuation after the shares rose almost 80 per cent in 2013.
The Procter & Gamble Co., up 94 cents to $79.18
The consumer products maker is undergoing a revamp and its quarterly profit fell 16 per cent, but adjusted results topped expectations.
Kansas City Southern, down $17.79 to $99.49
The railraod’s coal volume shipments hit their lowest level in seven years as utilities shift to cheaper and cleaner natural gas.
Nasdaq
Starbucks Corp., up $1.59 to $74.98
Falling prices for coffee beans and rising comparable stores sales around the globe pushed quarterly profits up 25 per cent…
Mexico draws over $7-billion in foreign investment at Davos
– theglobeandmail.com
PepsiCo, Nestlé, Cisco announce major investments
Sirius XM hires financial, legal advisers to consult on Liberty bid for all of radio company
– canadianbusiness.com
NEW YORK, N.Y. – Sirius XM says it has hired financial and legal advisers to help it evaluate Liberty Media’s bid to buy all of the satellite radio provider.
Liberty Media Corp., an Englewood, Colo., company controlled by billionaire John Malone, already owns more than half of the New York-based company’s shares. It is trying to gain control of the rest of Sirius XM Holdings Inc. in a stock deal that valued Sirius XM at about $23 billion when it was announced earlier this month.
Sirius XM formed a special committee to consider the offer and said Friday that it has hired Evercore Group L.L.C. as a financial adviser and Weil Gotshal & Manges LLP as a legal adviser.
The post Sirius XM hires financial, legal advisers to consult on Liberty bid for all of radio company appeared first on Canadian Business.
Liberty Media Corp., an Englewood, Colo., company controlled by billionaire John Malone, already owns more than half of the New York-based company’s shares. It is trying to gain control of the rest of Sirius XM Holdings Inc. in a stock deal that valued Sirius XM at about $23 billion when it was announced earlier this month.
Sirius XM formed a special committee to consider the offer and said Friday that it has hired Evercore Group L.L.C. as a financial adviser and Weil Gotshal & Manges LLP as a legal adviser.
The post Sirius XM hires financial, legal advisers to consult on Liberty bid for all of radio company appeared first on Canadian Business.
