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US Treasury secretary headed to Europe for finance talks + MORE Jul 9th
WASHINGTON – The U.S. Treasury Department says Secretary Jacob Lew will meet with officials in London, Paris, Berlin and Brussels next week to discuss ways to promote “economic stability and shared economic growth” in the wake of the vote in Britain to leave the European Union.
Tre.... More »
Why the Haitians Should Stay + MORE Dec 27th
These longstanding residents are valuable assets to the U.S..... More »
Pfizer raises quarterly dividend by 7 per cent 30 cents per share + MORE Dec 15th
NEW YORK, N.Y. – Pfizer is raising its quarterly dividend by 7 per cent to 30 cents per share starting next year.
The New York drugmaker said Monday it will pay the dividend March 2 to shareholders of record Feb. 5.
The maker of cholesterol fighter Lipitor last increased its dividend a year ag.... More »
The best TFSAs in Canada for 2022 + MORE Nov 17th
As the name suggests, tax-free savings accounts (TFSAs) offer a tax break on contribution income—meaning that, unlike with a regular savings account or non-registered investment account, what you earn inside your TFSA isn’t taxed, even when you make a withdrawal. TFSAs are flexible, too, allowin.... More »
China’s central bank governor says yuan has stabilized against the dollar Sep 6th
BEIJING, China – China’s central bank governor has told a meeting of the G-20 that China’s currency has stabilized against the dollar after the country’s surprise announcement last month to revalue the yuan amid stock market turmoil.
Zhou Xiaochuan told a meeting of G-20 fina.... More »
Carrick best reads: What we can learn from insanely rich parents
– theglobeandmail.com
The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick
Corporate Boards Turn Up Heat on Management to Think Short Term
– blogs.wsj.com
The head of Canada’s biggest pension fund wants to curb the spread of short-term thinking in corporate boardrooms as management teams face increasing pressure to focus on short-term earnings growth and stock-price gains over long-term growth.
JA Solar chairman, CEO offers 20 per cent, per-share premium to take company private
– canadianbusiness.com
U.S.-traded shares of JA Solar Holdings are soaring in early morning trading after its chairman and CEO offered a 20 per cent premium to take the Chinese solar power product maker private.
Baofang Jin says he will pay $9.69 for each share of the Shanghai-based company he doesn’t already own. The executive and a company he controls, Jinglong Goup Co. Ltd., have more than a 15 per cent stake in JA Solar. The preliminary, non-binding offer was detailed in a letter sent Friday to the board.
The company’s board will form a special committee of independent directors to consider the deal.
JA Solar Holdings Co. Ltd. closed at $8.08 on Thursday. The stock had slipped about 1 per cent so far this year.
The post JA Solar chairman, CEO offers 20 per cent, per-share premium to take company private appeared first on Canadian Business – Your Source For Business News.
Baofang Jin says he will pay $9.69 for each share of the Shanghai-based company he doesn’t already own. The executive and a company he controls, Jinglong Goup Co. Ltd., have more than a 15 per cent stake in JA Solar. The preliminary, non-binding offer was detailed in a letter sent Friday to the board.
The company’s board will form a special committee of independent directors to consider the deal.
JA Solar Holdings Co. Ltd. closed at $8.08 on Thursday. The stock had slipped about 1 per cent so far this year.
The post JA Solar chairman, CEO offers 20 per cent, per-share premium to take company private appeared first on Canadian Business – Your Source For Business News.
