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Fintech platforms outpace bank brokerages in new survey + MORE Apr 9th
Fintech companies are leading in client satisfaction compared with self-directed brokerages at traditional banks, a new report shows. A JD Power survey on investor satisfaction found fintechs aren’t just winning on consumer satisfaction but are also perceived to be more innovative and equally .... More »
Weekend Reading – Stop making your advisor rich, RRSP suggestions, tax tips and more + MORE Feb 12th
Learn, save, invest and prosper with My Own Advisor.
Welcome to some Weekend Reading friends. Earlier this week I shared some top Canadian dividend paying stocks to buy, including two companies that recently raised their dividends, and if you want to be more productive, and I do, consider these ti.... More »
Best FHSAs in Canada: Where to get the new first home savings account + MORE Dec 16th
MoneySense editors’ take
Consider opening an FHSA before Dec. 31, 2023, even if you don’t intend to contribute right away. Unused contribution room can be carried forward one year, up to a maximum of $8,000. You can give yourself a maximum contribution limit of $16,000 in 2024 by opening the acc.... More »
Aggressive investing and saving for a home don’t mix + MORE Jan 14th
Me and My TFSA: Cordell VanGenderen
AGE: 21 PLACE: Calgary AB
TFSA TOTAL: $31,834
STRATEGY: Mix of growth and dividend-paying blue chips
Like father like son. A recent Me and My TFSA profile generated a lot of interest and here’s another part to the story, the son. Cordell is a 21-year-old u.... More »
Financial sector weighs on Toronto stock market, U.S. markets in the red + MORE May 29th
Canada's main stock index closed in the red, hurt by losses in the financial sector as political turmoil in Italy was felt across global markets..... More »
Walgreen, Staples, Restoration Hardware, Lululemon and eBay are big market movers
– canadianbusiness.com
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 positive outlook.
Walgreen Co., up $4.86 to $73.01
The drugstore chain operator announced abruptly that CEO Greg Watson plans to retire after the buyout of Alliance Boots closes.
Armstrong World Industries Inc., up $2.90 to $50.61
The flooring and ceiling products company said it will sell its European flooring business and cease funding its DLW subsidiary.
Nasdaq
Staples Inc., up $1.29 to $16.10
Activist investor Starboard Value disclosed a new stake in the office supplies retailer and boosted its stake in Office Depot Inc.
Lululemon Athletica Inc., up $4.26 to $50.96
The maker of yoga gear reported better-than-expected third-quarter profit and increased its full-year earnings forecast.
Urban Outfitters Inc…
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 positive outlook.
Walgreen Co., up $4.86 to $73.01
The drugstore chain operator announced abruptly that CEO Greg Watson plans to retire after the buyout of Alliance Boots closes.
Armstrong World Industries Inc., up $2.90 to $50.61
The flooring and ceiling products company said it will sell its European flooring business and cease funding its DLW subsidiary.
Nasdaq
Staples Inc., up $1.29 to $16.10
Activist investor Starboard Value disclosed a new stake in the office supplies retailer and boosted its stake in Office Depot Inc.
Lululemon Athletica Inc., up $4.26 to $50.96
The maker of yoga gear reported better-than-expected third-quarter profit and increased its full-year earnings forecast.
Urban Outfitters Inc…
The Canadian dollar plunged to 86 cents today in the wake of turmoil in oil and stock markets. Oil continued its slide, with the WTI contract falling below $60 US a barrel for the first time since 2009.
Newfoundland Capital boosts semi-annual dividend to 9 cents per share
– canadianbusiness.com
HALIFAX – Radio station operator Newfoundland Capital Corp. (TSX:NCC.A) has announced a 50 per cent increase in its semi-annual dividend.
The Nova Scotia-based company which has 95 radio licences across the country, says the dividend, previously at six cents per share, will be increased to nine cents.
The new dividend will be payable Jan. 30 to shareholders of record at the close of business on Dec. 31.
Based on the company’s current share price of $8.50, that would produce an annual yield of 2.1 per cent.
The post Newfoundland Capital boosts semi-annual dividend to 9 cents per share appeared first on Canadian Business.
The Nova Scotia-based company which has 95 radio licences across the country, says the dividend, previously at six cents per share, will be increased to nine cents.
The new dividend will be payable Jan. 30 to shareholders of record at the close of business on Dec. 31.
Based on the company’s current share price of $8.50, that would produce an annual yield of 2.1 per cent.
The post Newfoundland Capital boosts semi-annual dividend to 9 cents per share appeared first on Canadian Business.
Canadian dollar plunges to 5-year low as oil dips below $60 – CBC.ca
– news.google.ca
CBC.caCanadian dollar plunges to 5-year low as oil dips below $60CBC.caThe Canadian dollar plunged to below 87 cents US today in the wake of turmoil in oil and stock markets. The loonie was trading at a 5½-year low of 86.72 cents US, down 0.39 of a cent. After oil gained earlier in the day, it sank again in the afternoon, ending …US data sparks TSX climb but oil shares stay weakReuters CanadaLoonie at 5 1/2-year low as oil declines, greenback strengthens on retail dataHamilton SpectatorNon-resource sectors push TSX up modestlyCP24 Toronto’s Breaking NewsWinnipeg Free Press -The Globe and Mail -Reutersall 603 news articles »
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.
