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What’s behind the Nvidia rally? May 29th
A big rally for stocks that began in Asia on Thursday is easing off the accelerator amid uncertainty about what will happen next after a U.S. court blocked many of President Donald Trump’s sweeping tariffs. The S&P 500 was 0.3% higher in afternoon trading after giving up most of an earlier .... More »
Coronavirus fears prompt empty shelves as Canadians follow health minister's advice to stock up - National Post Mar 2nd
Coronavirus fears prompt empty shelves as Canadians follow health minister's advice to stock up National PostNovel Coronavirus Fears Are Causing Costco Canada Stores To Sell Out (PHOTOS) NarcityShoppers stocking up in Metro Vancouver as concern about coronavirus spreads &n.... More »
Rockwell Collins to buy B/E Aerospace for $6.4 billion + MORE Oct 24th
NEW YORK, N.Y. – The move by Rockwell Collins Inc. to buy B/E Aerospace Inc. will combine two of the biggest suppliers to airplane makers and airlines.
Rockwell announced Sunday that it will pay $6.4 billion to buy its rival, a 22.5 per cent premium over B/E’s closing stock price on Frid.... More »
Auto parts giant Magna earns US$558 million in Q2 + MORE Aug 5th
AURORA, Ont. – Magna International Inc. (TSX:MG) is reporting net income of US$558 million in the second quarter, a slight improvement for the Canadian auto parts giant compared with the same quarter a year ago.
The Aurora, Ont.-based company — which reports in U.S. currency — says diluted.... More »
The week's most oversold and overbought stocks on the TSX + MORE Mar 24th
TMX Group is the focus
.... More »
90 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.
Welcome to another Weekend Reading list, sharing the best in personal finance and investing. This week, these 15 financial rules got a bit of press across social media circles and I shared four fat financial failures to avoid.
Enjoy these top picks from the week that was and we’ll see you here again next week.
Rob Carrick suggested to look for (and hold) wealth creation stocks.
Retire Happy wrote about the importance of failing.
Barry Choi provided some tips to kill your mortgage sooner. We use a combination of these things.
The folks at BadCredit.org ranked yours truly in their top 10 Best Canadian Personal Finance Blogs. Thanks for the honour!
“I’m an indexer. I don’t care what the indexes did today!” - Preet Banerjee (2014). Read more here about Preet’s comment and Big Cajun Man’s confession.
5i Research told us stock target prices are just bad.
One of my favourite writers, Andrew Hallam, told us to diversify, relax, rebalance and repeat when it comes to investing…
Enjoy these top picks from the week that was and we’ll see you here again next week.
Rob Carrick suggested to look for (and hold) wealth creation stocks.
Retire Happy wrote about the importance of failing.
Barry Choi provided some tips to kill your mortgage sooner. We use a combination of these things.
The folks at BadCredit.org ranked yours truly in their top 10 Best Canadian Personal Finance Blogs. Thanks for the honour!
“I’m an indexer. I don’t care what the indexes did today!” - Preet Banerjee (2014). Read more here about Preet’s comment and Big Cajun Man’s confession.
5i Research told us stock target prices are just bad.
One of my favourite writers, Andrew Hallam, told us to diversify, relax, rebalance and repeat when it comes to investing…
Business Highlights
– canadianbusiness.com
___
Bank of America settlement likely to benefit few
WASHINGTON (AP) — Bank of America’s record $16.65 billion settlement for its role in selling shoddy mortgage bonds — $7 billion of it geared for consumer relief — offers a glint of hope for desperate homeowners.
The settlement requires the second-largest U.S. bank to reduce some homeowners’ loan balances, provide new loans to low-income buyers and address areas of neighbourhood blight.
But consumer advocates say relatively few people will be helped relative to the devastation triggered by the mortgage bonds, which fueled the worst financial crisis since the 1930s and threw millions of homes into foreclosure.
Only a fraction of homeowners would be eligible for refinancing under the settlement. And the process by which people would qualify and receive aid could drag on for years, with payouts set to be completed as late as 2018.
___
United lures top fliers with promise of a hot meal
NEW YORK (AP) — To win the hearts of frequent business travellers, United Airlines is going through their stomachs…
Bank of America settlement likely to benefit few
WASHINGTON (AP) — Bank of America’s record $16.65 billion settlement for its role in selling shoddy mortgage bonds — $7 billion of it geared for consumer relief — offers a glint of hope for desperate homeowners.
The settlement requires the second-largest U.S. bank to reduce some homeowners’ loan balances, provide new loans to low-income buyers and address areas of neighbourhood blight.
But consumer advocates say relatively few people will be helped relative to the devastation triggered by the mortgage bonds, which fueled the worst financial crisis since the 1930s and threw millions of homes into foreclosure.
Only a fraction of homeowners would be eligible for refinancing under the settlement. And the process by which people would qualify and receive aid could drag on for years, with payouts set to be completed as late as 2018.
___
United lures top fliers with promise of a hot meal
NEW YORK (AP) — To win the hearts of frequent business travellers, United Airlines is going through their stomachs…
Mozambique eyes Asian LNG markets as $30-billion earmarked for investment
– theglobeandmail.com
Anadarko and Eni developing Rovuma Basin gas reserves
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.
