The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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40 days - 2.75% + MORE Nov 8th
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online..... More »
Allegations Donald Trump was given millions by dad through tax dodges - 9news.com.au + MORE Oct 3rd
9news.com.auAllegations Donald Trump was given millions by dad through tax dodges9news.com.auUS President Donald Trump received at least USD$413 million ($576 million) from his father over the decades, much of that through dubious tax dodges, including outright fraud, according to a media report. Th.... More »
Asian stocks mostly lower on weak Chinese housing data; Tokyo rises on strong machinery orders + MORE May 19th
BEIJING, China – Asian stock markets were mostly lower Monday after China reported a weak increase in housing prices.
Oil gained to stay above $102 a barrel after rising last week on concern about tensions in Ukraine.
China’s Shanghai Composite Index fell 1 per cent to 2,006.21 after a w.... More »
Swiss voice dismay over scrapping of currency cap - Financial Times + MORE Jan 16th
Financial TimesSwiss voice dismay over scrapping of currency capFinancial TimesSwitzerland was caught up in a mixture of shock and concern on Friday as the country digested the Swiss National Bank's dramatic decision to scrap its three-year-old exchange rate ceiling against the euro. The countr.... More »
Weekend Readings – Wealth Tax + MORE May 2nd
I am personally opposed to a wealth tax mostly because there are so many ways to get around such a tax so thinking it will solve everything is a mistake. Closing loopholes and having other “smart” tax changes would be higher priority in my opinion and the wealth tax could then be part .... More »
With Israeli-Palestinian peace talks faltering, Kerry must decide how to proceed – Washington Post
– news.google.ca
Washington PostWith Israeli-Palestinian peace talks faltering, Kerry must decide how to proceedWashington PostWhen his aides get discouraged about the prospects for Middle East peace, Secretary of State John F. Kerry often bucks them up with a phrase: “Don't be afraid to be caught trying.” But as his tireless efforts to broker Israeli-Palestinian negotiations hit bottom …Israel says it won't release Palestinian prisonersTVNZBoth Israel and the Palestinians are between Kerry and a hard placeHaaretzIsraeli-Palestinian peace effort not dead yet, claims Kerry (+video)Christian Science Monitorall 251 news articles »
Online food delivery co. GrubHub raises $193M in IPO, more than expected; to trade Friday
– canadianbusiness.com
NEW YORK, N.Y. – Investors seem ready to eat up GrubHub.
The online food delivery company has raised $192.5 million in its initial public offering, more than it expected.
GrubHub priced 7.4 million shares at $26 each, up from its expected sale of 7 million shares for $23 to $25 each. That was already an increase from its projections in March and February. And the banks managing the deal could still buy another 1.1 million shares, further boosting proceeds.
GrubHub, based in Chicago, also owns the Seamless food ordering website. The company connects nearly 29,000 restaurants with users in more than 600 U.S. cities. At the end of 2013, about 3.4 million people had placed an order through GrubHub websites in the past year.
Shares are to begin trading Friday.
The post Online food delivery co. GrubHub raises $193M in IPO, more than expected; to trade Friday appeared first on Canadian Business.
The online food delivery company has raised $192.5 million in its initial public offering, more than it expected.
GrubHub priced 7.4 million shares at $26 each, up from its expected sale of 7 million shares for $23 to $25 each. That was already an increase from its projections in March and February. And the banks managing the deal could still buy another 1.1 million shares, further boosting proceeds.
GrubHub, based in Chicago, also owns the Seamless food ordering website. The company connects nearly 29,000 restaurants with users in more than 600 U.S. cities. At the end of 2013, about 3.4 million people had placed an order through GrubHub websites in the past year.
Shares are to begin trading Friday.
The post Online food delivery co. GrubHub raises $193M in IPO, more than expected; to trade Friday appeared first on Canadian Business.
Weekend Reading – Tips from a millionaire, retirement savings, DIY mortgages and more
– myownadvisor.ca
Welcome to a new edition of Weekend Reading where I share some of my favourite articles from the week that was.
Check out these great articles when you have some time…enjoy your weekend and I’ll be back next week with a dividend income update and more.
MDJ had a guest post from Pete, how Pete became a millionaire.
Preet Banerjee scared the heck outta us when he wrote any of these answers aren’t good enough when it comes to saving for retirement: ‘10%’, ‘as much as you can’ and ‘more’. Preet’s answer to the retirement number is ‘it depends’ based on a sound financial plan that considers a number of well-documented variables.
A new DIY online mortgage tool is at your fingertips: intelliMortgage. Do the work yourself, pay less.
Big Cajun Man said payday loans are a good idea, only on April 1st.
Canadian Couch Potato is launching a new Couch Potato mutual fund. “It will carry a management fee 1.40%, as well as a 1% trailing commission paid to the advisor…
Check out these great articles when you have some time…enjoy your weekend and I’ll be back next week with a dividend income update and more.
MDJ had a guest post from Pete, how Pete became a millionaire.
Preet Banerjee scared the heck outta us when he wrote any of these answers aren’t good enough when it comes to saving for retirement: ‘10%’, ‘as much as you can’ and ‘more’. Preet’s answer to the retirement number is ‘it depends’ based on a sound financial plan that considers a number of well-documented variables.
A new DIY online mortgage tool is at your fingertips: intelliMortgage. Do the work yourself, pay less.
Big Cajun Man said payday loans are a good idea, only on April 1st.
Canadian Couch Potato is launching a new Couch Potato mutual fund. “It will carry a management fee 1.40%, as well as a 1% trailing commission paid to the advisor…
Ecko Unltd. licensee seeks bankruptcy protection, citing changing trends, recession effects
– canadianbusiness.com
NEW YORK, N.Y. – The former licensee for clothing maker Ecko Unltd. is seeking Chapter 11 bankruptcy protection, according to court filings.
MEE Apparel and Mee Direct, which sell clothing under the brand names Ecko Unltd. and Unltd., say they have about $30 million in assets and $62 million in debt. They say sales and profitability have been declining since the start of 2009 because of the recession and changes in fashion trends. They made the filing in the U.S. Bankruptcy Court for the District of New Jersey Wednesday.
The Ecko Unltd. brand itself didn’t file for bankruptcy, says Jennifer Hoffman, a spokeswoman for Iconix Brand Group Inc. A new Ecko licensee has already begun delivering product to retailers, she added.
Ecko Unltd., a youth-focused lifestyle brand, was founded in 1993 by Marc Ecko.
The post Ecko Unltd. licensee seeks bankruptcy protection, citing changing trends, recession effects appeared first on Canadian Business.
MEE Apparel and Mee Direct, which sell clothing under the brand names Ecko Unltd. and Unltd., say they have about $30 million in assets and $62 million in debt. They say sales and profitability have been declining since the start of 2009 because of the recession and changes in fashion trends. They made the filing in the U.S. Bankruptcy Court for the District of New Jersey Wednesday.
The Ecko Unltd. brand itself didn’t file for bankruptcy, says Jennifer Hoffman, a spokeswoman for Iconix Brand Group Inc. A new Ecko licensee has already begun delivering product to retailers, she added.
Ecko Unltd., a youth-focused lifestyle brand, was founded in 1993 by Marc Ecko.
The post Ecko Unltd. licensee seeks bankruptcy protection, citing changing trends, recession effects appeared first on Canadian Business.
The Culture of General Motors
– online.wsj.com
Another financial-crisis lesson in the virtues of an honest bankruptcy.
