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60 days - 2.00% + MORE Oct 12th
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 »
Nigerian lawsuit revives billion dollar oil scandal + MORE Dec 21st
LAGOS, Nigeria _ Nigeria’s anti-corruption agency is reviving a five-year-old scandal involving one of Africa’s richest oil blocs, in which a former petroleum minister and his allies allegedly made $1.1 billion dollars and the state oil company $210 million.
The Economic and Financial Cr.... More »
‘Sorry’: Brokerage chief at heart of GameStop saga apologises - Al Jazeera English Feb 19th
‘Sorry’: Brokerage chief at heart of GameStop saga apologises Al Jazeera English"I like the stock:" Keith Gill AKA "Roaring Kitty" defends GameStop posts before Congress Global NewsRobinhood CEO among those grilled by U.S. lawmakers over GameStop trading frenzy C.... More »
Unifor and Ford reach tentative deal to avoid strike + MORE Nov 1st
TORONTO — The union representing 6,700 autoworkers at Ford in Canada said it has reached a tentative agreement and secured a $700-million product investment from the automaker after a tense round of talks that went past the midnight deadline.
Unifor president Jerry Dias made the announcement jus.... More »
Making sense of the markets this week: June 14 Jun 11th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Meme stocks: They’re back…
I thought new investors would get tired of losing money. But I guess not.
Crowd co-ordinated investing in companies specifically to drive the .... More »
The deal to marry Burger King with Tim Hortons through a $12.5 billion merger promises to create a fast-food powerhouse, headquartered in Canada.
Controlled by Brazilian investment firm 3G Capital, which bought Burger King for $4 billion U.S. in 2010, the combined company would boast more than 18,000 restaurants in more than 100 countries and generate some $23 billion in annual system sales, making it the world’s third largest quick service restaurant operator.
But while executives reassure investors that the deal is all about corporate synergies and international growth—not Burger King seeking a more favourable Canadian corporate tax rate—it’s not immediately clear how the operational advantages will be realized given how little overlap exists between the two chains.
Below is a map that shows all the Burger King (yellow) and Tim Hortons’ (red) restaurants in the U.S. and Canada.
Controlled by Brazilian investment firm 3G Capital, which bought Burger King for $4 billion U.S. in 2010, the combined company would boast more than 18,000 restaurants in more than 100 countries and generate some $23 billion in annual system sales, making it the world’s third largest quick service restaurant operator.
But while executives reassure investors that the deal is all about corporate synergies and international growth—not Burger King seeking a more favourable Canadian corporate tax rate—it’s not immediately clear how the operational advantages will be realized given how little overlap exists between the two chains.
Below is a map that shows all the Burger King (yellow) and Tim Hortons’ (red) restaurants in the U.S. and Canada.
The post Mapped: Just how big is the new Burger King and Tim Hortons frontier? appeared first on Macleans…
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.
Most actively traded companies on the TSX
– canadianbusiness.com
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,619.21, up 20.47 points):
Teranga Gold Corp. (TSX:TGZ). Miner. Up four cents, or 5.06 per cent, to 83 cents on 9.6 million shares.
Tim Hortons Inc. (TSX:THI). Restaurants. Up $6.68, or 8.14 per cent, to $88.71 on 6.6 million shares. Miami-based Burger King and private equity firm 3G Capital announced they would buy Tim Hortons in a $12.5-billion deal.
B2Gold Corp. (TSX:BTO). Miner. Down 10 cents, or 3.66 per cent, to $2.63 on 3.9 million shares.
Southern Pacific Resource Corp. (TSX:STP). Oil and gas. Down one cent, or 13.33 per cent, to 6.5 cents on four million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Up 18 cents, or two per cent, to $9.16 on 4.7 million shares.
Bank of Nova Scotia (TSX:BNS). Bank. Down $1.74, or 2.35 per cent, to $72.45 on 4.6 million shares. Scotiabank increased its quarterly dividend by two cents a share after posting quarterly net income of $2.35 billion or $1…
Toronto Stock Exchange (15,619.21, up 20.47 points):
Teranga Gold Corp. (TSX:TGZ). Miner. Up four cents, or 5.06 per cent, to 83 cents on 9.6 million shares.
Tim Hortons Inc. (TSX:THI). Restaurants. Up $6.68, or 8.14 per cent, to $88.71 on 6.6 million shares. Miami-based Burger King and private equity firm 3G Capital announced they would buy Tim Hortons in a $12.5-billion deal.
B2Gold Corp. (TSX:BTO). Miner. Down 10 cents, or 3.66 per cent, to $2.63 on 3.9 million shares.
Southern Pacific Resource Corp. (TSX:STP). Oil and gas. Down one cent, or 13.33 per cent, to 6.5 cents on four million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Up 18 cents, or two per cent, to $9.16 on 4.7 million shares.
Bank of Nova Scotia (TSX:BNS). Bank. Down $1.74, or 2.35 per cent, to $72.45 on 4.6 million shares. Scotiabank increased its quarterly dividend by two cents a share after posting quarterly net income of $2.35 billion or $1…
120 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.
Ivanhoe Cambridge to sell parcel of assets for $1.527-billion
– theglobeandmail.com
Sale to Cominar includes 11 shopping centres as the Caisse’s real estate arm continues to refine its strategy
