The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Probe reveals Penn West Petroleum stock option manipulation + MORE May 8th
Penn West’s special committee determined the company backdated options between June, 2005, and August, 2006 – its first year as an income trust
.... More »
The cars, the chargers or the customers? A look at what's behind cooling EV sales growth - CBC News Mar 20th
The cars, the chargers or the customers? A look at what's behind cooling EV sales growth CBC NewsEV euphoria is dead. Automakers are scaling back or delaying their electric vehicle plans CNBCAnalysis: U.S. automakers race to build more hybrids as EV sales slow Autobl.... More »
Bernice is debt free and has savings, but wonders if she should start investing in the stock market + MORE Jan 30th
The 35-year-old millennial has her financial house largely in order, says investment adviser Jason Heath, but she may want to consider stock investments in addition to her TFSA and savings accounts.... More »
Meet Canada’s All-Star Stocks + MORE Nov 7th
This is Kickstart—the daily morning management briefing on innovation, leadership, technology and the economy from the editors of Canadian Business. Sign up to get it directly to your inbox each weekday at 6 AM Eastern.
Good morning! Here’s what’s on our radar at the moment:
Meet Canada.... More »
Something about bear markets seems to bring out the best in the Two-Minute Portfolio - The Globe and Mail + MORE Jan 11th
Something about bear markets seems to bring out the best in the Two-Minute Portfolio The Globe and MailTSE down; U.S. stocks in red - Business News Castanet.netToronto stock market edges lower, oil down; U.S. stock markets fall CTV NewsThe week's most oversold and ov.... More »
EBay beats on 3Q profit expectations, but misses revenue forecasts and cuts outlook
– canadianbusiness.com
SAN JOSE, Calif. – EBay Inc. on Wednesday reported better-than-expected earnings for the third quarter but cut its sales forecast for the year. Shares dropped 3 per cent after-hours.
The company’s PayPal business had another strong quarter. Revenue grew 20 per cent to $1.95 billion and mobile payment volume jumped 72 per cent to $12 billion. PayPal remains on track to process 1 billion mobile transactions this year. Earlier this month eBay said it would split off the payment processor, its fastest growing unit, late next year.
The marketplaces business grew revenue 6 per cent to $2.16 billion, and gained 3.4 million new buyers to end the quarter with 152 million active buyers, up 13 per cent.
The San Jose, California-based company said it had profit of 54 cents per share. Earnings, adjusted for one-time gains and costs, were 68 cents per share. The results surpassed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share…
The company’s PayPal business had another strong quarter. Revenue grew 20 per cent to $1.95 billion and mobile payment volume jumped 72 per cent to $12 billion. PayPal remains on track to process 1 billion mobile transactions this year. Earlier this month eBay said it would split off the payment processor, its fastest growing unit, late next year.
The marketplaces business grew revenue 6 per cent to $2.16 billion, and gained 3.4 million new buyers to end the quarter with 152 million active buyers, up 13 per cent.
The San Jose, California-based company said it had profit of 54 cents per share. Earnings, adjusted for one-time gains and costs, were 68 cents per share. The results surpassed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share…
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.
40 days – 2.75%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.
Stock market slide: Try not to do anything stupid
– moneysense.ca
Halloween is still two weeks away, but that hasn’t stopped global stock markets from striking a note of terror in the hearts of investors. After stock indices sleepwalked their way to record highs last month, blissfully oblivious to all the terrible, awful events unfolding in the world—the spread of both Ebola and the equally vile Islamic State, Russia’s continued aggression toward its neighbours (remember that time Putin-backed rebels blew a passenger plane out of the sky?) and a generally crummy outlook for global growth—it’s as if the collective weight of all that negative news finally became too much. Optimists have once again given way to doomsayers, greed to fear.
Which, as we’ll see, is generally right about the time when sound investment strategies give way to stupid.
The carnage in markets has been spectacular. In the span of less than a month, the S&P 500 index has shed seven per cent of its value. It’s been worse in Canada, with the energy-dependent S&P/TSX composite index down 10 per cent since its September peak, anchored by falling oil prices…
Las Vegas Sands reports 3Q profits rise despite challenging quarter in gambling capital Macau
– canadianbusiness.com
LAS VEGAS, Nev. – Las Vegas Sands Corp. says despite a challenging three months in Macau the company’s profit increased 7.2 per cent due to a focus in part on non-gambling revenue.
The casino-hotel company announced Wednesday in its third-quarter financial report that revenue dropped 1 per cent compared to a year ago to $3.53 billion
CEO and Chairman Sheldon Adelson called it a solid set of financial results.
Shares of Las Vegas Sands added about 1.7 per cent in after-hours trading.
The post Las Vegas Sands reports 3Q profits rise despite challenging quarter in gambling capital Macau appeared first on Canadian Business.
The casino-hotel company announced Wednesday in its third-quarter financial report that revenue dropped 1 per cent compared to a year ago to $3.53 billion
CEO and Chairman Sheldon Adelson called it a solid set of financial results.
Shares of Las Vegas Sands added about 1.7 per cent in after-hours trading.
The post Las Vegas Sands reports 3Q profits rise despite challenging quarter in gambling capital Macau appeared first on Canadian Business.
