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Government Report Says Canadian Dream Proving Elusive to More Canadians – E Canada Now
– news.google.ca
E Canada NowGovernment Report Says Canadian Dream Proving Elusive to More CanadiansE Canada Nowhqdefault Ottawa, Ontario – Unless a person has good financial habits in place and a steady source of income, living the “dream” life is just that – a dream. It is an ephemeral state that vanishes once an unexpected illness or loss of employment strikes.Report Concludes Most Canadians Can Only Dream to be HomeownersOye! TimesMiddle-class dreams a 'myth': internal government reportHamilton Spectatorall 65 news articles »
Toronto StarOntario's ice storm financial aid to be announced this weekToronto StarGreater Toronto municipalities will learn this week how much financial help is coming from Queen's Park to help pay for ice storm damage, says Premier Kathleen Wynne. Wynne emerged from a 45-minute meeting Monday with Toronto Deputy Mayor Norm …Premier Kathleen Wynne, Deputy Mayor Norm Kelly to meet againToronto SunPremier says latest meeting with deputy mayor a productive oneCityNewsKathleen Wynne meets with Coun. Norm KellyCBC.caNewstalk 1010all 28 news articles »
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New Trade: Long Priceline ($PCLN) & Short Blue Nile ($NILE)
– IntelligentSpeculator.net
Things continue to go well so far for these long & short stock picks as the average trade has returned nearly 10% so far this year. Hopefully this keeps up!As will be the case all year, my long & short stock picks will be available to see in my live spreadsheet:
http://www.intelligentspeculator.net/livetrades
You can see the numbers for both companies involved in today’s trade here:
TickerNamePricePE RatioPE Next YearReturn YTDSales GrowthAnalyst ratingBook ValueBetaRevenue/ShareSales 5Y Avg GrowthEPS 5Y Avg Growth
PCLNpriceline.com Inc1315.6535.9520.8113.1829.134.68133.021.24133.430.757
NILEBlue Nile Inc34.941.0627.03-25.8912.493.733.171.0735.8911.5513.14
A few years ago, shorting Blue Nile was a no-brainer but it’s not as clear now. Why? It’s a combination of poor stock performance and slightly higher growth from the company. Still, NILE is far behind PCLN in terms of growth.
PCLN Revenue (Quarterly YoY Growth) data by YCharts
Long Priceline (PCLN)
It’s my second trade on Priceline this year and it’s been a great company to own for several years now…
Wealth management and capital markets expected to drive Canadian bank profits – Calgary Herald
– news.google.ca
Financial PostWealth management and capital markets expected to drive Canadian bank profitsCalgary HeraldOTTAWA – Canada's big banks are facing a tougher market for retail banking as the housing market slows and consumers look to reduce debt. However, the wealth management and capital markets businesses are expected to pick up the slack as the …Energy, gold companies help lift TSX to near three-year highReuters CanadaAt the open: TSX advances, S&P 500 hits recordThe Globe and MailToronto Stocks Up at Midday; BlackBerry SurgesWall Street JournalCastanet.net -Reutersall 42 news articles »
