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How TV networks are adapting to millennials’ phone-first viewing habits + MORE Jul 27th
Correspondents Savannah Sellers and Gadi Schwartz, hosts of the new NBC News Snapchat show “Stay Tuned.” (NBC News)
Television networks are directing hundreds of millions of investment dollars into ventures that play by the new rules of social media. The old approach—trying to engage.... More »
Trump rings bell on record stock market - but will it last? - BBC.com + MORE Dec 12th
Trump rings bell on record stock market - but will it last? BBC.com11 highlights from Trump's Time Person of the Year interview CBS NewsPerson of the Year 2024: See the Shortlist TIMEDonald Trump is TIME’s Person of the Year for 2024 Global News TorontoT.... More »
High borrowing costs, record completions lead to condo oversupply Sep 12th
Greater Toronto Area-real estate watchers say the combination of high interest rates and an uptick in new condo units coming online has led to an oversupply that will take time to balance out.
A report by TD economist Rishi Sondhi said sales activity hasn’t been absorbing supply fast enough.... More »
Spread the word + MORE Nov 6th
Check MoneySenseWeek.ca daily Nov. 8-14, 2015 for a collection of tips and resources to help you build your wealth.
The post Spread the word appeared first on MoneySense..... More »
Uber shifts into lower gear, prices IPO at $45 - CBC.ca May 10th
Uber shifts into lower gear, prices IPO at $45 CBC.caUber raises US$8.1 billion in IPO priced near bottom of range BNNBloomberg.caUber to give its market value a lift in stock market debut CP24 Toronto's Breaking NewsStudy: Ride-hailing vehicles account for the major.... More »
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.
Target CEO Gregg Steinhafel resigns as fallout from massive data breach continues
– canadianbusiness.com
NEW YORK, N.Y. – Target’s massive data breach has now cost the company’s CEO his job.
Target announced Monday that Chairman, President and CEO Gregg Steinhafel is out nearly five months after the retailer disclosed the breach, which has hurt its reputation among customers and has derailed its business.
The nation’s third-largest retailer said Steinhafel, a 35-year veteran of the company and CEO since 2008, has agreed to step down, effective immediately. He also resigned from the board of directors.
A company spokeswoman declined to give specifics on when the decision was reached.
Shares fell nearly two per cent in pre-market trading Monday.
The departure suggests the company is trying to start with a clean slate as it wrestles with the fallout from hackers’ theft of credit and debit card information on tens of millions of customers. The company’s sales, profit and stock price have all suffered since the breach was disclosed.
Target, based in Minneapolis, said Chief Financial Officer John Mulligan has been appointed interim president and CEO…
Target announced Monday that Chairman, President and CEO Gregg Steinhafel is out nearly five months after the retailer disclosed the breach, which has hurt its reputation among customers and has derailed its business.
The nation’s third-largest retailer said Steinhafel, a 35-year veteran of the company and CEO since 2008, has agreed to step down, effective immediately. He also resigned from the board of directors.
A company spokeswoman declined to give specifics on when the decision was reached.
Shares fell nearly two per cent in pre-market trading Monday.
The departure suggests the company is trying to start with a clean slate as it wrestles with the fallout from hackers’ theft of credit and debit card information on tens of millions of customers. The company’s sales, profit and stock price have all suffered since the breach was disclosed.
Target, based in Minneapolis, said Chief Financial Officer John Mulligan has been appointed interim president and CEO…
Drugmaker Pfizer’s 1Q profit drops 15 pct as generic competition, other factors cut sales
– canadianbusiness.com
Pfizer Inc. said Monday that its first-quarter profit dropped 15 per cent despite sharp cost cutting. The earnings decline reflected cheaper generic competition that continues to reduce sales of its multiple medicines and the end of some partnerships with other drugmakers.
The world’s second-biggest drugmaker by sales fell far short of Wall Street’s modest revenue expectations, but narrowly beat profit expectations.
Its shares fell 31 cents to $30.44 in premarket trading 90 minutes ahead of the market opening.
The company has seen its revenue shrink as inexpensive copycat pills hurt sales of off-patent drugs that once brought in billions annually, particularly cholesterol fighter Lipitor, the top-selling drug of all time with peak revenue of nearly $13 billion.
Meanwhile, Pfizer has been trying since January to get British rival AstraZeneca Plc to discuss its bid to buy the company, but AstraZeneca continues to rebuff Pfizer. On Friday, AstraZeneca rejected Pfizer’s third offer, a cash-and-stock deal worth about $106 billion, saying it still undervalues the company, particularly its portfolio of drugs in development…
The world’s second-biggest drugmaker by sales fell far short of Wall Street’s modest revenue expectations, but narrowly beat profit expectations.
Its shares fell 31 cents to $30.44 in premarket trading 90 minutes ahead of the market opening.
The company has seen its revenue shrink as inexpensive copycat pills hurt sales of off-patent drugs that once brought in billions annually, particularly cholesterol fighter Lipitor, the top-selling drug of all time with peak revenue of nearly $13 billion.
Meanwhile, Pfizer has been trying since January to get British rival AstraZeneca Plc to discuss its bid to buy the company, but AstraZeneca continues to rebuff Pfizer. On Friday, AstraZeneca rejected Pfizer’s third offer, a cash-and-stock deal worth about $106 billion, saying it still undervalues the company, particularly its portfolio of drugs in development…
Key Canada Events: Week of May 5-9
– blogs.wsj.com
This week, trade data for March is on tap for Tuesday, jobs numbers are due out Friday and the onslaught of corporate earnings reports continues.
5.5 year – 2.80%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-03-11. Click on the link above to get more details or apply online.
