As Alibaba goes public in biggest IPO in history, 10 things to know + MORE Sep 20th

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Pay down your mortgage faster to save in interest + MORE Jun 25th

OTTAWA – When shopping for a mortgage, most Canadians focus on the interest and how much they can save with a lower rate. But paying a few extra dollars every two weeks instead of the usual monthly payment or making an extra lump sum payment once a year can also save borrowers thousands in interes.... More »

RWRDS Daily Update – July 3, 2024: New AIR MILES bonus offers for Shell + two new Amex Offers + MORE Jul 4th

Two new AIR MILES bonus offers for Shell and two new Amex Offers statement credits for Bay Bloor Radio & Michael Hill. Check out today's points & miles updates here: The post RWRDS Daily Update – July 3, 2024: New AIR MILES bonus offers for Shell + two new Amex Offers appeared first on R.... More »
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Credit card bill autopayments: tips for getting it right + MORE Jul 22nd

Setting up autopayments can prevent slip-ups that can ruin your credit score.... More »
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Top 5 Credit Card Sign Up offers for December + MORE Dec 5th

Here are the Rewards Canada Top 5 Credit Card Sign Up offers for the month of December! This is not a 'best' credit card list like our Top Travel Rewards Credit Card rankings but instead a look at cards that have very good acquisition (sign up) offers. As always when choosing a card you should alwa.... More »

RWRDS Daily Update – July 20, 2023 Jul 20th

Choice Hotels integration of Radisson Rewards Americas delayed, Coast Capital switching credit card portfolio from Visa to Mastercard and Receive 25% off Air Canada in-flight dining purchases with TD Aeroplan cards. Check out today's points & miles updates here: The post RWRDS Daily Update – .... More »
NEW YORK, N.Y. – China’s e-commerce giant Alibaba began trading its shares Friday on the New York Stock Exchange. Here are ten things to know about Alibaba, and why its initial public offering made history:
THE BIGGEST: Alibaba raised $21.8 billion in its debut, making it the biggest U.S.-listed IPO in history after the IPO of credit card processing company Visa in 2008. If Alibaba’s investment banks were to exercise their option to sell an additional 48 million shares, it could make Alibaba’s IPO the biggest in the world, beating out the $22 billion IPO of Agricultural Bank of China in 2010.
DON’T FORGET YAHOO: It may have been a big day for Alibaba and its founder Jack Ma, but Yahoo’s investors are feeling pretty good after Alibaba’s IPO. Yahoo was an early investor in Alibaba, paying $1 billion for a stake in the company in 2005. Yahoo likely made $8.3 billion to $9.5 billion in Alibaba’s IPO, and will still own a 16 per cent stake in the company worth $37…

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Jeb Bush entered the Florida governor’s mansion in 1999 with a net worth of $2 million, a relatively modest fortune compared with others in the Bush family. After eight years, his wealth had dipped to roughly $1.3 million.
Within months of leaving office, he started a consulting firm, registered as a broker for Lehman Brothers and joined a number of corporate boards. He is on the boards of four companies, including Tenet Healthcare Corp. and Rayonier Inc., a real estate investment trust that owns large swaths of forestland.
In the past few years, Bush has started or invested in a variety of companies. A look at some of them.
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Britton Hill Holdings LLC
Bush is listed in regulatory filings as chairman and manager of Britton Hill Holdings LLC, a private equity and consulting firm that manages an investment fund primarily focused on the “energy, infrastructure, logistics and environmental services sectors.” His partners include former Lehman Brothers banker Amar Bajpai and David Savett, an ex-natural gas trader for Credit Suisse…

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