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Apple’s earnings are imminent. Here's what to expect + MORE Oct 25th
Tech giant’s fourth-quarter results will give the first major clues on how consumers responded to the new device
.... More »
How the Dow Jones industrial average fared on Friday + MORE Dec 2nd
Investors made a small move back to safer assets Friday afternoon after the government’s November jobs report showed continued hiring, but weak wages. Stocks finished little changed as real estate and household goods companies rose, but banks, which have soared since the presidential election,.... More »
How to buy bitcoin in Canada (and find out where, too) + MORE Apr 20th
What’s the big fuss about holding bitcoin in Canada? If you’re a MoneySense reader, you already know that bitcoin is increasingly major news. The standard-bearer of cryptocurrencies (also referred to as digital or virtual currencies) has been soaring in value. Despite some pretty major fluctuati.... More »
Stock market news live updates: Stocks slide to cap a rough week for investors - Yahoo Canada Finance Dec 9th
Stock market news live updates: Stocks slide to cap a rough week for investors Yahoo Canada FinanceS&P 500 Price Forecast – Stock Markets Continue to Sit Just Above 50-Day EMA FX EmpireStock market news live updates: Stocks flat as inflation, consumer sentiment surprise&n.... More »
Making sense of the markets this week: January 22, 2023 Jan 20th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines of the week and offers context for Canadian investors.
Are central banks smarter than we thought—or are they just lucky?
The world’s central banks faced plenty of critici.... More »
Man to plead guilty in Disney insider information case, pay $801,000 to securities regulators
– canadianbusiness.com
LOS ANGELES, Calif. – A man will plead guilty to securities fraud and pay regulators around $801,000 for using insider information to profit from Disney’s $4 billion acquisition of Marvel Entertainment in 2009.
According to the deal filed in Los Angeles federal court Wednesday, Toby Scammell learned from his then-girlfriend, a Disney corporate strategy employee, that Disney would acquire a well-known company she didn’t name.
Scammell learned from his consulting company that Disney had previously wanted to acquire Marvel. He bought call options in Marvel stock for around $5,500, and later sold them for $192,000 in profit.
Last month, Scammell agreed to settle a parallel civil case and pay $801,000 to the Securities and Exchange Commission, which will be credited to his fine in the criminal case. He also faces prison time.
The post Man to plead guilty in Disney insider information case, pay $801,000 to securities regulators appeared first on Canadian Business.
According to the deal filed in Los Angeles federal court Wednesday, Toby Scammell learned from his then-girlfriend, a Disney corporate strategy employee, that Disney would acquire a well-known company she didn’t name.
Scammell learned from his consulting company that Disney had previously wanted to acquire Marvel. He bought call options in Marvel stock for around $5,500, and later sold them for $192,000 in profit.
Last month, Scammell agreed to settle a parallel civil case and pay $801,000 to the Securities and Exchange Commission, which will be credited to his fine in the criminal case. He also faces prison time.
The post Man to plead guilty in Disney insider information case, pay $801,000 to securities regulators appeared first on Canadian Business.
120 days – 1.70%
– 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.
90 days – 1.60%
– 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.
Yahoo Inc’s shares were up six per cent in heavy trading on Wednesday, after revenue figures released Tuesday after markets closed showed a surge in profit from its Alibaba unit.
Statistics Canada says foreign investment in Canadian securities grew by $6.1 billion in February, including a $3.9 billion purchase of federal government business enterprise bonds, the largest since May 2009.
