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Canopy Growth shares plunge to record low after revenue drops most since cannabis legalization - Financial Post Nov 14th
Canopy Growth shares plunge to record low after revenue drops most since cannabis legalization Financial PostCanopy Growth hit with millions in product return charges, $375M net loss in Q2 Yahoo Canada FinanceCanopy Growth Reports Second Quarter Fiscal 2020 Financial Results&nb.... More »
The circus elephant takes a final bow + MORE Apr 26th
An elephant act at a circus performance on December 19,1958. (Trinity Mirror/Mirrorpix/Alamy Stock Photo)
The dowager ambles toward an early supper, leaving footprints as round as moons. She is a saggy-skinned and cloudy-eyed old girl, born before India was independent, a subject of the British Raj..... More »
Can you lose all your money in a TFSA? + MORE Feb 3rd
Q: I never thought of the TFSA as an investment, because I use my RRSP to invest. I use my TFSA as a savings account but does that mean the money isn’t protected? Could I lose all that money?
—Maria Vasilescu, Kitchener, Ont.
A: If you hold cash or GICs in your Tax-Free Savings Account (TFSA),.... More »
TD e-Series Funds: The Next Generation + MORE Aug 31st
For almost 20 years, the TD e-Series mutual funds have been one of the cheapest and easiest ways to build a Couch Potato portfolio. For most of that time they’ve gone about their business without much fuss, all the while outperforming the vast majority of their peers. But now there are some change.... More »
Winning portfolios don’t have be volatile + MORE May 8th
In today’s investing world, there is no shortage of criteria to choose from when picking a stock. Investors can select to build portfolios based on a variety of factors from growth to momentum, or management quality to industry competitiveness. In particular, dividend portfolios are one type you m.... More »
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.
Bank of America board elects CEO Brian Moynihan chairman
– canadianbusiness.com
CHARLOTTE, N.C. – Bank of America Chief Executive Brian Moynihan has been named chairman, effective immediately.
The lender said Wednesday that its board of directors elected Moynihan to succeed Charles “Chad” Holiday Jr.
Moynihan has been CEO of the Charlotte, North Carolina-based bank since January 2010.
Like its competitors, Bank of America is still dealing with the fallout from the financial crisis that began in 2007 and the subsequent collapse of the housing market. In August, it agreed to pay a record $16.65 billion settlement for its role in selling shoddy mortgage bonds.
Litigation costs have crimped its earnings this year. Net income after paying preferred dividends is down 67 per cent through the first six months of this year versus the same stretch of 2013.
Jack Bovender Jr., who has held a seat on the board since 2002, will become the company’s lead independent director. He has previously served as chairman and chief executive of hospital operator HCA…
The lender said Wednesday that its board of directors elected Moynihan to succeed Charles “Chad” Holiday Jr.
Moynihan has been CEO of the Charlotte, North Carolina-based bank since January 2010.
Like its competitors, Bank of America is still dealing with the fallout from the financial crisis that began in 2007 and the subsequent collapse of the housing market. In August, it agreed to pay a record $16.65 billion settlement for its role in selling shoddy mortgage bonds.
Litigation costs have crimped its earnings this year. Net income after paying preferred dividends is down 67 per cent through the first six months of this year versus the same stretch of 2013.
Jack Bovender Jr., who has held a seat on the board since 2002, will become the company’s lead independent director. He has previously served as chairman and chief executive of hospital operator HCA…
Australian universities climb Times world rankings, while US and UK lose ground – Sydney Morning Herald
– news.google.ca
Sydney Morning HeraldAustralian universities climb Times world rankings, while US and UK lose groundSydney Morning HeraldLike SMH Student on Facebook · SMH Education: full coverage. Australia's universities have climbed up the world rankings, with almost every top institution improving its standing on last year. But there are fears Australia's impressive performance could be …McGill drops in latest university rankingsMontreal GazetteMelbourne University is Australia's best in The Times Higher Education World …Herald SunUniversity of Ottawa in top 200 worldwide rankings580 CFRA RadioYahoo News UK -The Australian Financial Review -Telegraph.co.ukall 91 news articles »
Canadian Pacific sets out plans to double earnings, grow revenue to $10B in 2018
– canadianbusiness.com
CALGARY – Canadian Pacific Railway Ltd. says it can double its profits and drive its revenues to $10 billion over the next four years.
CEO Hunter Harrison kicked off a two-day investor event in White Plains, N.Y., on Wednesday by unveiling the Calgary-based railway’s goals to 2018, when it’s likely the veteran railroader will have retired from the top job.
CP is aiming at a two-fold increase in earnings per share between this year and 2018. In releasing its 2013 results in January, the company said it aimed to bring in profits of at least $8.35 per share in 2014, 30 per cent higher than last year’s bottom line, excluding “significant items.”
Canadian Pacific says it also plans to grow its annual revenue to $10 billion in that time frame. It posted $6.1 billion of revenue in 2013.
Cash flow before dividends is targeted to be $6 billion through 2018.
“This is not a stretch. This is not something that cannot be achieved and accomplished,” said Harrison…
CEO Hunter Harrison kicked off a two-day investor event in White Plains, N.Y., on Wednesday by unveiling the Calgary-based railway’s goals to 2018, when it’s likely the veteran railroader will have retired from the top job.
CP is aiming at a two-fold increase in earnings per share between this year and 2018. In releasing its 2013 results in January, the company said it aimed to bring in profits of at least $8.35 per share in 2014, 30 per cent higher than last year’s bottom line, excluding “significant items.”
Canadian Pacific says it also plans to grow its annual revenue to $10 billion in that time frame. It posted $6.1 billion of revenue in 2013.
Cash flow before dividends is targeted to be $6 billion through 2018.
“This is not a stretch. This is not something that cannot be achieved and accomplished,” said Harrison…
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.
