When it Comes to Details, BlackBerry Isn’t Talking + MORE Dec 19th

There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
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Average Canadian house price up 38% compared to last year, but down from March - CBC.ca Jun 15th

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Is the Liquidation Business Profitable? Apr 2nd

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NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Teekay Tankers Ltd., down 70 cents to $4.70
The ocean-freight hauler is buying five tankers and priced 20 million shares for sale to raise cash, which pressured its stock.
Xerox Corp., up 7 cents to $13.96
The business services provider is selling its information technology outsourcing division to France’s Atos for $1.05 billion.
CarMax Inc., up $6.79 to $67.32
Booming sales and an expanding footprint nationwide pushed third-quarter profit up 22 per cent at the used car dealership chain.
Nike Inc., down $2.24 to $94.84
Signs that orders from Asia and developing markets are weakening overshadowed a strong quarter from the athletic gear company.
Nasdaq
BlackBerry Ltd., down 8 cents to $9.99
Disappointing revenue got more attention than a surprise third-quarter operating profit from the Canadian communications company.
ImmunoGen Inc., down $4…

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From house prices ticking ever higher, to crude oil’s slide that seems like it will never end, it was a busy week in financial news. The CBC’s Jacqueline Hansen gets you caught up in her weekly video recap.

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The Financial Instability BusinessBank regulators won’t tell MetLife how to avoid being a ‘systemic’ risk.

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WASHINGTON – Regulators have closed a small lender, the 18th bank failure in the U.S. this year after 24 closures in 2013.
The Federal Deposit Insurance Corp. said Friday that it has taken over Northern Star Bank, based in Mankato, Minnesota.
The bank operated two branches and had about $18.8 million in assets and $18.2 million in deposits as of Sept. 30.
BankVista, based in Sartell, Minnesota, agreed to assume all of Northern Star Bank’s deposits and to purchase essentially all of the failed bank’s assets.
Northern Star Bank’s failure is expected to cost the federal deposit insurance fund $5.9 million.
The post Regulators close small bank in Minnesota, bringing number of US bank failures to 18 in 2014 appeared first on Canadian Business.

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BlackBerry Ltd.’s third-quarter results were a mixed bag, but it’s what the company didn’t say that might overshadow the cheers it may generate from hitting some financial targets earlier than expected.

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