How to go about securing the best return for your investment in Canada.
Latest News
Markets sell-off led by tech stocks as U.S.-China trade war hits sectors + MORE Jun 26th
A sell-off in North American stock markets intensified on Monday afternoon, led by a decline in technology stocks, after reports that U.S. officials were in the process of introducing legislation that would block Chinese companies from investing in U.S. tech companies..... More »
90 days - 2.00% + MORE Nov 19th
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online..... More »
Ghost insurance brokers. Staged collisions. How do I spot and prevent auto insurance fraud? Mar 27th
Fraudulent schemes are pushing up premiums in Ontario and are also tricky for drivers to spot, according to a poll by the Financial Services Regulatory Authority..... More »
Six key concepts to help you weather the investment storms Jul 25th
The key to surviving the roller coaster ride of investing, writes investment adviser David Aston, is to maintain a balanced portfolio of quality stocks and bonds and to focus on long-term investing.... More »
Mobilicity gets approval to disburse funds from Rogers deal to creditors + MORE Jun 30th
Court approval allows Rogers to assume startup carrier’s assets free of any claims against it following $465-million deal
.... More »
Unhappy with your bond mutual funds? Try preferred funds
– thestar.com
If you’re unhappy with bond funds, join the club. Yields are low, with fees often swallowing up a big slice of what little remains.5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-05-31. Click on the link above to get more details or apply online.
30 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
American Apparel adopts stockholder rights plan to thwart ousted CEO from taking control
– canadianbusiness.com
NEW YORK, N.Y. – American Apparel has adopted a one-year shareholder rights plan a day after its ousted CEO and founder Dov Charney made a bid to increase his control of the clothing chain.
The Los Angeles-based retailer said early Saturday that the move, made by a special committee of its board of directors, is designed to limit the ability of any person or group, including Charney, “to seize control of the company without appropriately compensating all American Apparel stockholders.”
The company said in a statement that the rights will be “attached to all shares of common stock.” Each right will let the holder purchase one ten-thousandth of a share of preferred stock at an exercise price of $2.75.
American Apparel said the plan is similar to other arrangements adopted by publicly held companies and allows a person or group to acquire as much as 15 per cent of common stock. The company said its plan is not aimed to prevent or deter takeover bids that offer fair treatment and value to all shareholders but rather protects shareholders from any threat of “creeping control…
The Los Angeles-based retailer said early Saturday that the move, made by a special committee of its board of directors, is designed to limit the ability of any person or group, including Charney, “to seize control of the company without appropriately compensating all American Apparel stockholders.”
The company said in a statement that the rights will be “attached to all shares of common stock.” Each right will let the holder purchase one ten-thousandth of a share of preferred stock at an exercise price of $2.75.
American Apparel said the plan is similar to other arrangements adopted by publicly held companies and allows a person or group to acquire as much as 15 per cent of common stock. The company said its plan is not aimed to prevent or deter takeover bids that offer fair treatment and value to all shareholders but rather protects shareholders from any threat of “creeping control…
60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
