There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Latest News
Small Business Ideas for Children Who Want to Be Life-time Savers + MORE Feb 26th
Teaching your child how to handle money is a basic part of being a parent in today’s society. There are many ways you can approach introducing your child to financial responsibility. One way, is to show them how to set up their own business!
A child can learn how to work hard, make money, and save.... More »
So, you want to be rich? Here’s how to get started Jan 6th
These are the four most common wealth-building strategies for people who don’t have gobs of money to begin with.... More »
AMC Entertainment, BlackBerry Lead Stock Markets Higher - Motley Fool + MORE Jun 2nd
AMC Entertainment, BlackBerry Lead Stock Markets Higher Motley FoolAMC CEO has gone 'all in' on investors from Reddit: 'Margins' editor Ranjan Roy CNBC TelevisionHedge Fund Flips ‘Overvalued’ AMC, and Shares Keep Surging Yahoo Canada FinanceAMC: a feature, not a .... More »
Potash Corp. slashes dividend as earnings fall more than expected + MORE Jan 28th
Low crop prices reduce demand for crop nutrients
.... More »
Rates are heading up. Time to buy bonds? Nov 23rd
Even in the worst years, a bond portfolio will probably only loss a few percentage points, while stock market losses could reach 50 per cent or more, writes Gordon Pape..... More »
Chiquita agrees to sell itself to Safra Group, Cutrale Group for approximately $681 million
– canadianbusiness.com
NEW YORK, N.Y. – Chiquita Brands International Inc. has agreed to sell itself to two Brazilian companies for approximately $681 million. The deal comes just days after the fresh produce company’s shareholders rejected plans to merge with Irish fruit importer Fyffes.
Chiquita said Monday that it will be acquired by the investment firm Safra Group and the juice company Cutrale Group for $14.50 per share, a 2 per cent premium to its Friday closing price of $14.16.
The companies put the transaction’s value at about $1.3 billion, including the assumption of Chiquita’s debt.
Chiquita’s board unanimously approved the deal, which is targeted to close by the end of the year or in early 2015. Chiquita will become a subsidiary of the Cutrale-Safra group once the transaction is complete.
On Friday Chiquita and Fyffes PLC gave notice to terminate their proposed merger agreement after Chiquita’s stockholders didn’t approve a revised transaction agreement between the two companies during a special shareholders meeting…
Chiquita said Monday that it will be acquired by the investment firm Safra Group and the juice company Cutrale Group for $14.50 per share, a 2 per cent premium to its Friday closing price of $14.16.
The companies put the transaction’s value at about $1.3 billion, including the assumption of Chiquita’s debt.
Chiquita’s board unanimously approved the deal, which is targeted to close by the end of the year or in early 2015. Chiquita will become a subsidiary of the Cutrale-Safra group once the transaction is complete.
On Friday Chiquita and Fyffes PLC gave notice to terminate their proposed merger agreement after Chiquita’s stockholders didn’t approve a revised transaction agreement between the two companies during a special shareholders meeting…
Brazil markets plunge on Rousseff re-election – Reuters
– news.google.ca
ReutersBrazil markets plunge on Rousseff re-electionReutersSAO PAULO/RIO DE JANEIRO (Reuters) – Brazilian financial markets plunged on Monday with stocks falling to their lowest level in nearly seven months, as leftist President Dilma Rousseff's re-election victory dashed investor hopes of significant policy …Dilma Rousseff narrowly wins Brazil re-electionHindustan TimesUS Stocks Fall With Oil While Brazil Assets DeclineBusinessweekReal falls sharply on Brazil election resultFinancial Timesgulfnews.com -Wall Street Journal -Reuters UKall 877 news articles »
CBC.caOil price will fall to $70 a barrel in 2015, Goldman Sachs saysCBC.caOne of the world's leading investment banks says the benchmark price of North American oil is going to fall even further, to $70 US a barrel by next spring. Investment bank Goldman Sachs slashed its forecast late Sunday night for both West Texas …Goldman slashes 2015 oil price forecast, as output tops demandReutersStocks suffer as US oil prices slide to lowest in almost 2 yearsFinancial TimesUS crude falls to 28-month low, Brent slides as Goldman cuts forecastThe Globe and MailThe Times (subscription) -Business Standard -MSN Newsall 157 news articles »
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.
Get a discount on sale of no-dog condos
– moneysense.ca
Own a dog? Thinking of having kids? Want to replace the carpet for hardwood? Then you better be careful what condo you buy.According to a recent study, published this year in the Journal of Real Estate Finance and Economics, building restrictions in condos can dramatically impact the sale price.
The study analyzed resale condo restrictions and their respective selling prices for 22,000 condos sold in the Ft. Lauderdale, Florida area. The authors found that when housing prices fell, by in large, condos with restrictions were sold at a discount, compared to similar units with no restrictions.
“We found this very interesting, as many seniors will often pay a premium for a condo unit in an age restricted building,” explains Dr. Charles Carter, a former professor in Baltimore, Maryland and one of the study’s co-authors. According to Carter, a restriction on the age of the owner is seen as a benefit when real estate is doing well—prompting buyers to pay a premium for these condos—but the restriction appears to force a discount on the condo sale price when the housing market is suffering…
