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Light rail, longer monorail could make Las Vegas more mobile, cost $12 billion plus + MORE Dec 13th
LAS VEGAS, Nev. – Those trademark Las Vegas lights may one day woosh by windows of a light rail train ferrying visitors from the airport to casino lobbies.
Local transportation leaders are floating a 30-year-plan that could cost more than $12 billion involving everything from wider sidewalks a.... More »
Five things to watch for in the Canadian business world in the coming week + MORE Nov 27th
TORONTO – Five things to watch this week in Canadian business:
Bombardier CSeries Takes Flight: Bombardier will celebrate the maiden flight of the CSeries CS300 on Monday. The delivery to airBaltic at Montreal’s Mirabel airport comes nearly half a year after the first CSeries CS100 passe.... More »
Modi Goes to Canada: New Investor Protections Coming? + MORE Apr 14th
With India’s prime minister headed for Canada this week, authorities for the two sides have stepped up negotiations on a foreign-investment-protection pact that has been stuck in limbo for years..... More »
These two charts suggest bank stock rally has plenty of life yet + MORE Dec 20th
Price-to-book value has been an excellent predictor of future bank-stock performance
.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Jun 16th
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Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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New Trade: Long Expedia ($EXPE) & Short Travelzoo ($TZOO)
– IntelligentSpeculator.net
It was a fairly slow week but things continue to go well so I certainly can’t complain. I’m considering closing my trade on EBAY & YHOO (currently up 28%) because of everything that’s going on with eBay these days (battle between the board and Carl Icahn) so stay tuned on that one:)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 GrowthSales 5Y Avg GrowthEPS 5Y Avg Growth
EXPEExpedia Inc78.5337.5717.6912.7318.383.6416.541.1535.3713.3711.1816.23
TZOOTravelzoo Inc23.6221.4717.8310.794.673.672.090.6410.3614.214.2N/A
As you can see in the chart below, there is a significant difference in terms of growth between these two companies and that has been true for almost 2 years with no signs of an upcoming reversal…
Billionaire Warren Buffett offers wit and wisdom on variety of topics in interview Monday
– canadianbusiness.com
Investor Warren Buffett discussed topics ranging from the state of the U.S. economy to rail car safety, the proposed Keystone gas pipeline and extreme weather swings during a three-hour appearance on CNBC. Here are a few other topics he addressed:
— The chairman and CEO of Berkshire Hathaway Inc. said it’s very unlikely regulators will consider his conglomerate “too big to fail” because of its financial strength and because its relatively small portfolio of derivative contracts is winding down. He said regulators haven’t contacted Berkshire.
— Berkshire Hathaway is a major shareholder in Coca-Cola Co. and Buffett says he drinks five Cokes a day. Buffett said Coca-Cola has wonderful brands that account for roughly 3 per cent of all liquids consumed globally.
“It’s under a lot more pressure than it was 10 or 15 years ago, particularly in the United States,” Buffett said. “But their sales went up last year just as they’ve gone up nearly every year…
— The chairman and CEO of Berkshire Hathaway Inc. said it’s very unlikely regulators will consider his conglomerate “too big to fail” because of its financial strength and because its relatively small portfolio of derivative contracts is winding down. He said regulators haven’t contacted Berkshire.
— Berkshire Hathaway is a major shareholder in Coca-Cola Co. and Buffett says he drinks five Cokes a day. Buffett said Coca-Cola has wonderful brands that account for roughly 3 per cent of all liquids consumed globally.
“It’s under a lot more pressure than it was 10 or 15 years ago, particularly in the United States,” Buffett said. “But their sales went up last year just as they’ve gone up nearly every year…
Key Canada Events: Week of March 3-7
– blogs.wsj.com
PDAC, the wrap-up of Canadian bank earnings season, Bank of Canada’s rate decision and jobs and trade numbers are some events on tap this week.
30 days – 1.50%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
Canadian Stocks Fall as Global Selloff Overshadows Gold – Bloomberg
– news.google.ca
Montreal GazetteCanadian Stocks Fall as Global Selloff Overshadows GoldBloombergCanadian stocks fell, reversing an early advance, as a global equities selloff from the escalating Crimea conflict offset a rally in gold companies. National Bank of Canada and Bank of Montreal lost more than 1.4 percent as financial shares slumped. Lundin …Vancouver-based Goldcorp wins reprieve from Osisko Mining on takeover bidVancouver SunGoldcorp Sets Aside Full Rehabilitation Cost for its State of the Art Éléonore Gold …Wall Street JournalOsisko, Goldcorp settle legal disputeBusiness News AmericasReuters Canada -Tech News -Reutersall 48 news articles »
