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TSX, US markets climb by one per cent - Waterloo Record + MORE Sep 16th
TSX, US markets climb by one per centWaterloo RecordTORONTO — Major North American stock markets climbed Thursday, boosted by weak U.S. retail sales data that traders took as a sign the Federal Reserve may delay raising interest rates. In Toronto, the S&P/TSX composite index racked up a three-.... More »
Reni Odetoyinbo on why you should pay yourself first and have multiple streams of income Jun 6th
Social media content creator Reni Odetoyinbo started investing at age 18 and bought her first house at 23. Everyone wanted to know how she did it, so she started documenting her journey to home ownership on her YouTube Channel in 2020.
Odetoyinbo quit her full-time marketing job at a .... More »
Making sense of the markets this week: September 27, 2021 + MORE Sep 25th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
What was behind this week’s “mini-crash”
The big story of the week fizzled out. Investors had been taking a breather over the last month or so, with markets .... More »
Kinder Morgan looking to raise $1.75 billion in Trans Mountain pipeline IPO + MORE May 10th
Kinder Morgan Canada is looking to raise $1.75 billion through an initial public offering of assets including the Trans Mountain pipeline system.
In an updated prospectus filed Wednesday, the company said it’s looking to sell shares at between $19 and $22 to help fund the $7.4 billion Trans Mo.... More »
More Canadians are rethinking their bank. Should you? Jul 22nd
Clinton Begin was growing tired of frequent visits to bank branches and calling into the trading desk to check on various transactions. “There (were) a lot of things that just took too much of my time. I was always phoning, always going to visit them. It was always a big deal,” he recalled.
.... More »
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.
60 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
OpenText to buy U.S. software analytics firm Actuate for US$330 million
– canadianbusiness.com
WATERLOO, Ont. – OpenText (TSX:OTC) says it will acquire software analytics company Actuate Corp. in a deal valued at US$330 million.
The Waterloo, Ont., business software company says it will pay US$6.60 per share in cash for all outstanding shares of Actuate. The Silicon Valley-based company will put US$58.3 million cash towards the deal, making the total enterprise value approximately US$272 million
OpenText will fund the takeover with cash on hand.
It says the agreement has already been approved by boards at both companies.
Actuate employs more than 500 workers in 12 countries and has about 5,000 customers in financial services, technology and government.
The post OpenText to buy U.S. software analytics firm Actuate for US$330 million appeared first on Canadian Business.
The Waterloo, Ont., business software company says it will pay US$6.60 per share in cash for all outstanding shares of Actuate. The Silicon Valley-based company will put US$58.3 million cash towards the deal, making the total enterprise value approximately US$272 million
OpenText will fund the takeover with cash on hand.
It says the agreement has already been approved by boards at both companies.
Actuate employs more than 500 workers in 12 countries and has about 5,000 customers in financial services, technology and government.
The post OpenText to buy U.S. software analytics firm Actuate for US$330 million appeared first on Canadian Business.
Detroit emergency manager says budget surplus projected after city officially exits bankruptcy
– canadianbusiness.com
DETROIT – The state-appointed emergency manager who helped take Detroit into bankruptcy says he sees a budget surplus not long after it emerges.
The Detroit News and Detroit Free Press report that Kevyn Orr told the city’s financial oversight board Friday that he projects a surplus of about $100 million by the end of next fiscal year.
Orr tells the panel he’ll ask a federal judge to make the bankruptcy exit official next week. He says he’ll resign when the financial emergency is completed and he hopes that will come by mid-month.
Gov. Rick Snyder appointed Orr as Detroit’s emergency manager in March 2013. Four months later, they decided bankruptcy was the best solution to slash billions of dollars of debt.
A judge last month approved Orr’s long-term fiscal recovery plan.
The post Detroit emergency manager says budget surplus projected after city officially exits bankruptcy appeared first on Canadian Business.
The Detroit News and Detroit Free Press report that Kevyn Orr told the city’s financial oversight board Friday that he projects a surplus of about $100 million by the end of next fiscal year.
Orr tells the panel he’ll ask a federal judge to make the bankruptcy exit official next week. He says he’ll resign when the financial emergency is completed and he hopes that will come by mid-month.
Gov. Rick Snyder appointed Orr as Detroit’s emergency manager in March 2013. Four months later, they decided bankruptcy was the best solution to slash billions of dollars of debt.
A judge last month approved Orr’s long-term fiscal recovery plan.
The post Detroit emergency manager says budget surplus projected after city officially exits bankruptcy appeared first on Canadian Business.
90 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
