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TSX, US stocks lower - Business News - Castanet.net Feb 7th
TSX, US stocks lower - Business News Castanet.netCanada's main stock index fell in late-morning trading, weighed down by the energy sector which fell as the price of oil moved lower..... More »
All of Canada would pay the price if Toronto’s real estate bubble burst Apr 8th
Real estate figures in the country’s largest city are at red-hot levels, and the rest of Canada will ultimately have to pay for it
.... More »
AUGMENTED WORLD EXPO ANNOUNCES 2026 AUGGIE AWARD WINNERS, BEST IN SHOW AND XR HALL OF FAME LEGENDS - PR Newswire Jun 18th
AUGMENTED WORLD EXPO ANNOUNCES 2026 AUGGIE AWARD WINNERS, BEST IN SHOW AND XR HALL OF FAME LEGENDS PR NewswireSnap unveils $2,195 AR glasses as CEO Evan Spiegel bets on post-smartphone future CNBCIntroducing SPECS Augmented Reality Glasses Snap NewsroomSnap Inc. Debu.... More »
What will it take to re-energize oil stocks? + MORE Dec 1st
The energy sector has performed reasonably well in 2016, but you don’t have to ask an Albertan to know it’s still a long way off from what it was. What will it take to re-energize the oil stocks? Here are three key signals Lanny Pendill at Edward Jones says you need to watch before you top up th.... More »
Making sense of the markets this week: April 7, 2024 Apr 5th
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Are we in the middle of another Roaring ’20s?
For those who aren’t into history, the Roaring ’20s has been referre.... More »
Before the bell: Stocks to rebound, shift focus to earnings
– theglobeandmail.com
Inside the Market’s premarket briefing
If Greece gets easier rescue terms, other bailout states could face popular demands for same
– canadianbusiness.com
LISBON, Portugal – Eurozone governments taking a tough line on Greece’s demand for debt relief and easier bailout terms fear opening a can of worms.
Ceding too much ground to Athens could ignite a broader political crisis by infuriating people in other bailed-out countries in the currency bloc which, unlike Greece, have obediently complied with the demands of creditors and largely restored their financial health through painful — and politically costly — austerity measures.
Governments in Spain, Portugal and Ireland, which all face elections within the next nine months, fear losing power to parties that, like Greece’s radical left Syriza, are calling for an end to budget cuts and easier terms on debt.
As Syriza inspires opponents of austerity across Europe, here is a look at what’s happening in the eurozone’s other big three debtor countries.
____
SPAIN
Spain’s radical leftist party, Podemos, has since its birth last year been calling for a restructuring of Spanish government debt…
Ceding too much ground to Athens could ignite a broader political crisis by infuriating people in other bailed-out countries in the currency bloc which, unlike Greece, have obediently complied with the demands of creditors and largely restored their financial health through painful — and politically costly — austerity measures.
Governments in Spain, Portugal and Ireland, which all face elections within the next nine months, fear losing power to parties that, like Greece’s radical left Syriza, are calling for an end to budget cuts and easier terms on debt.
As Syriza inspires opponents of austerity across Europe, here is a look at what’s happening in the eurozone’s other big three debtor countries.
____
SPAIN
Spain’s radical leftist party, Podemos, has since its birth last year been calling for a restructuring of Spanish government debt…
Bank of England keeps rates steady, officials eye wages and global risks
– theglobeandmail.com
Left Bank Rate at 0.5 per cent, where it has been since the depths of the financial crisis more than six years ago
A lack of legislation makes it hard for most people to find their assets in credit union accounts, trust funds and unpaid wages, a CBC News investigation finds.
Coty buying 43 beauty brands from Procter & Gamble, including Miss Clairol, Max Factor
– canadianbusiness.com
NEW YORK, N.Y. – Coty is buying 43 beauty brands from Procter & Gamble Co., including Miss Clairol, Covergirl and Max Factor.
P&G said Thursday that it puts the deal’s value at about $15 billion. That includes stock valued at about $13.1 billion and $1.9 billion in debt, but the debt could range between $1.9 billion and $3.9 billion.
The deal includes P&G’s global salon professional hair care and colour, retail hair colour, cosmetics and fine fragrance businesses, and certain hair styling brands. Other brands included in the transaction are Sebastian Professional, Sassoon Professional, Natural Instincts and Nice & Easy.
Reports circulated last month that Coty might buy several brands from consumer products maker P&G, which announced in August that it was looking to shed many of its brands.
Coty sells fragrances, cosmetics and skin and body care products under brand names including Calvin Klein, Marc Jacobs, OPI and Sally Hansen. The New York company said that the transaction will boost its product offerings and expand its global reach, particularly in markets like Brazil and Japan…
P&G said Thursday that it puts the deal’s value at about $15 billion. That includes stock valued at about $13.1 billion and $1.9 billion in debt, but the debt could range between $1.9 billion and $3.9 billion.
The deal includes P&G’s global salon professional hair care and colour, retail hair colour, cosmetics and fine fragrance businesses, and certain hair styling brands. Other brands included in the transaction are Sebastian Professional, Sassoon Professional, Natural Instincts and Nice & Easy.
Reports circulated last month that Coty might buy several brands from consumer products maker P&G, which announced in August that it was looking to shed many of its brands.
Coty sells fragrances, cosmetics and skin and body care products under brand names including Calvin Klein, Marc Jacobs, OPI and Sally Hansen. The New York company said that the transaction will boost its product offerings and expand its global reach, particularly in markets like Brazil and Japan…
