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Latest News
Weight Watchers CEO James Chambers steps down after 3 years + MORE Sep 12th
NEW YORK, N.Y. – Weight Watchers CEO James Chambers is stepping down as the weight-loss program operator struggles to build on the momentum it garnered from an alliance with Oprah Winfrey.
The New York company said Monday that Chambers, who has led Weight Watchers since 2013, is resigning at t.... More »
Q&A: Why investors are rattled by China’s yuan devaluation + MORE Aug 12th
WASHINGTON – The slide continues.
China’s currency fell further Wednesday, keeping global investors on edge. The yuan slid 1.6 per cent on top of a 1.9 per cent drop engineered Tuesday by the Chinese government. The currency’s nosedive is giving investors plenty to worry about:
The.... More »
How tax optimisation can maximise the returns on your investment property Dec 20th
This article has been writen by George Kachmazov, managing partner of Tranio.com
If you’re not careful, taxes can eat away at the bulk of the income you should be earning on your foreign investment properties.
This fact alone sends chills down the spines of property investors everywhere. A rece.... More »
How to teach your adult child the financial skills they need to thrive — even when they’re living at home Oct 7th
Insist on at least one credit card so they can begin building solid credit scores. Of course, using it responsibly is key..... More »
US to hold UN summit to strengthen global efforts to combat financing of extremist groups + MORE Dec 4th
The United States is organizing a summit of finance ministers from U.N. Security Council nations aimed at strengthening global efforts to combat “the financing of terrorism” — especially methods used by Islamic State extremists.
The U.S. Mission to the United Nations said Friday that T.... More »
Krispy Kreme, AngloGold, Land’s End and Palo Alto Networks are big market movers
– canadianbusiness.com
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Krispy Kreme Doughnuts Inc., down 54 cents to $17.07
The doughnut shop operator’s second-quarter sales rose 6.9 per cent but its adjusted profit fell short of expectations.
AngloGold Ashanti Ltd., down $2.42 to $13.07
The gold mining company plans to spin off its international mining operations and raise $2.1 billion in capital to pay debt.
Palo Alto Networks Inc., up $9.47 to $98.75
The network security company topped quarterly revenue expectations and forecast better-than-expected revenue for the next quarter.
U.S. Silica Holdings Inc., up $4.90 to $69.41
The commercial silica company increased its adjusted profit guidance for the full year and reaffirmed its expense guidance.
Nasdaq
On Track Innovations Ltd., up 23 cents to $3.55
The electronic payment technology company said it will bring new add-on devices to earlier-generation iPhone and iPad products…
NYSE
Krispy Kreme Doughnuts Inc., down 54 cents to $17.07
The doughnut shop operator’s second-quarter sales rose 6.9 per cent but its adjusted profit fell short of expectations.
AngloGold Ashanti Ltd., down $2.42 to $13.07
The gold mining company plans to spin off its international mining operations and raise $2.1 billion in capital to pay debt.
Palo Alto Networks Inc., up $9.47 to $98.75
The network security company topped quarterly revenue expectations and forecast better-than-expected revenue for the next quarter.
U.S. Silica Holdings Inc., up $4.90 to $69.41
The commercial silica company increased its adjusted profit guidance for the full year and reaffirmed its expense guidance.
Nasdaq
On Track Innovations Ltd., up 23 cents to $3.55
The electronic payment technology company said it will bring new add-on devices to earlier-generation iPhone and iPad products…
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.
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.
Apple introduces digital wallet service Apple Pay
– moneysense.ca
The Associated PressNEW YORK, N.Y. – Apple is betting that people want to pay with a tap of the phone rather than a swipe of the card.
The technology company on Tuesday introduced a new digital wallet service called Apple Pay that is integrated with its Passbook credential-storage app and its fingerprint ID security system.
The announcement came as Apple introduced several new products including a new, larger iPhone 6 and a watch. Apple Pay is designed to let iPhone 6 owners use their smartphones to pay for purchases at brick-and-mortar stores as well as online via apps. The company says it’s easier and more secure than using a credit or debit card. And it puts Apple in direct competition with services like PayPal and Google Wallet.
So-called mobile proximity payments are expected to grow exponentially over the next few years. Citi Investment Research analyst Mark May said they could grow from $1 billion in 2013 to $58.4 billion by 2017. Still, consumers will have to weigh the convenience of not pulling out a card with the possible danger of storing important financial information on their phones, particularly as retailers like Target and Home Depot report data breaches, and hackers crack celebrities’ iCloud accounts…
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.
