TSX getting you down? There are always sound investment alternatives.
Latest News
Early data shows foreign nationals buying 5% of Metro Vancouver homes sold - CBC.ca + MORE Jul 8th
CBC.caEarly data shows foreign nationals buying 5% of Metro Vancouver homes soldCBC.caPreliminary data collected by the B.C. government on foreign investment in the province's sizzling real estate market shows that in Metro Vancouver five per cent of all real estate purchases were made by forei.... More »
Millennial love for Snapchat extends to Snap’s stock + MORE Mar 12th
For some young investors, loyalty to one of their favorite apps matters more than financial details in the case of Snap Inc
.... More »
Walgreen, Staples, Restoration Hardware, Lululemon and eBay are big market movers + MORE Dec 11th
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Restoration Hardware Holdings Inc., up $7.81 to $93.99
The furniture and housewares company reported better-than-expected quarterly results and issued a .... More »
Elon Musk replaced as Tesla chair Nov 8th
Tesla announced that Elon Musk's replacement as its chair will be Robyn Denholm, currently chief financial officer at Australian telecommunications operator Telstra..... More »
Markets Right Now: Stocks tumble as energy companies fall + MORE Jun 10th
NEW YORK, N.Y. – The latest on developments in global financial markets (all times local):
4:05 p.m.
U.S. stocks are closing lower on Wall Street as energy companies follow the retreat of oil prices from their recent highs. Banks are falling again as bond yields continue to plunge. The slump w.... More »
Port problems slow flow of goods before holidays; container ships idle off Los Angeles
– canadianbusiness.com
LOS ANGELES, Calif. – The twin ports of Los Angeles and Long Beach are facing their biggest crisis in a decade as container ships idle offshore because cargo can’t be moved off the docks fast enough.
The bottleneck blamed on a surge of imports, shortage of truck trailers, and bigger ships hauling more cargo has created a seven- to 10-day delay for retailers anxious to stock shelves for the holiday season.
“This is really a perfect storm,” Port of Los Angeles Executive Director Gene Seroka told the Los Angeles Times (http://lat.ms/1FNkssF ) in a story Saturday.
Retailers are rerouting goods to other ports, and some shoe and clothing companies have begun transporting products by air, said Nate Herman, vice-president of international trade at the American Apparel & Footwear Assn.
“The delays are increasing, they are not getting better,” he said.
The problem is blamed on a variety of factors:
— Imports increased more than 10 per cent last month at both ports compared to a year ago…
The bottleneck blamed on a surge of imports, shortage of truck trailers, and bigger ships hauling more cargo has created a seven- to 10-day delay for retailers anxious to stock shelves for the holiday season.
“This is really a perfect storm,” Port of Los Angeles Executive Director Gene Seroka told the Los Angeles Times (http://lat.ms/1FNkssF ) in a story Saturday.
Retailers are rerouting goods to other ports, and some shoe and clothing companies have begun transporting products by air, said Nate Herman, vice-president of international trade at the American Apparel & Footwear Assn.
“The delays are increasing, they are not getting better,” he said.
The problem is blamed on a variety of factors:
— Imports increased more than 10 per cent last month at both ports compared to a year ago…
