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Nasdaq futures rise to start the week as Tesla shares jump: Live updates - CNBC Nov 18th
Nasdaq futures rise to start the week as Tesla shares jump: Live updates CNBCFutures mixed after previous week's slide as focus shifts back to earnings Yahoo Canada FinanceWhat To Expect in the Markets This Week InvestopediaNvidia results will rock markets .... More »
US has plan to dismantle N. Korea nuclear program in year: Bolton - CTV News Jul 2nd
CTV NewsUS has plan to dismantle N. Korea nuclear program in year: BoltonCTV NewsWASHINGTON -- The United States has a plan that would lead to the dismantling of North Korea's nuclear weapons and ballistic missile programs in a year, U.S. President Donald Trump's national security adviser .... More »
Five things to watch for in the Canadian business world in the coming week + MORE Aug 28th
TORONTO – Five things to watch this week in Canadian business:
Energy East: The National Energy Board resumes hearings into the proposed Energy East Pipeline on Monday in Montreal, where the project has stirred much outcry. Among the harshest critics of the pipeline is Mayor Denis Coderre, the.... More »
Making sense of the markets this week: April 17 + MORE Apr 14th
Million Dollar Journey editor and Canadian Financial Summit founder Kyle Prevost shares financial headlines and offers context for Canadian investors.
If a TFSA and an RRSP had a child: The new FHSA
As part of the 2022 budget, the government unveiled its new tax-free first home savings account.... More »
A breakdown of the big Canadian banks’ third-quarter earnings so far - The Globe and Mail + MORE Aug 27th
A breakdown of the big Canadian banks’ third-quarter earnings so far The Globe and MailBMO, Scotiabank top earnings forecasts but sound wary note for road ahead The Globe and MailTSX scales new peak, lifted by robust bank earnings ca.finance.yahoo.com'Uncertainty m.... More »
Hardened to crises, and maybe a bit numb, investors keep buying bonds, stocks, houses and art
– canadianbusiness.com
NEW YORK, N.Y. – The U.S. economy is growing at a painfully slow pace. Greece still threatens the euro. Chinese stocks have just pulled out of a frightening free-fall. Big companies in the U.S. are struggling to boost profits.
You might think it’s been a rough year for investors, but it’s mostly been a smooth ride — and a profitable one.
Money is flowing into bonds issued by the riskiest of companies, home prices in some big U.S. cities are soaring, shares of technology companies are still near all-time highs, even after a drop this week, and auction houses are enjoying record sales of art. A Picasso painting sold at Christie’s for $179 million in May, the highest ever for an artwork at auction, prompting one dealer to exclaim, “I don’t really see an end to it.”
Neither do many on Wall Street. The so-called fear index, a figure measuring the odds of big swings in stock prices, is hovering near a multi-year low. The ranks of “short-only” investors, who bet that stocks will drop, have thinned to near extinction…
You might think it’s been a rough year for investors, but it’s mostly been a smooth ride — and a profitable one.
Money is flowing into bonds issued by the riskiest of companies, home prices in some big U.S. cities are soaring, shares of technology companies are still near all-time highs, even after a drop this week, and auction houses are enjoying record sales of art. A Picasso painting sold at Christie’s for $179 million in May, the highest ever for an artwork at auction, prompting one dealer to exclaim, “I don’t really see an end to it.”
Neither do many on Wall Street. The so-called fear index, a figure measuring the odds of big swings in stock prices, is hovering near a multi-year low. The ranks of “short-only” investors, who bet that stocks will drop, have thinned to near extinction…
Financial Times says parent company Pearson in talks to sell its stake in Economist Group
– canadianbusiness.com
LONDON – The Financial Times reports that its parent company, Pearson PLC, is in talks to sell its 50 per cent stake in the Economist magazine.
The report says the talks involve other shareholders in the Economist Group.
The FT said Saturday its report is based on people familiar with the negotiations. It did not indicate a sale is imminent.
Pearson is in the process of selling the FT Group, including the newspaper, to the Nikkei Group of Japan. The deal was announced Thursday.
The company has said it wants to focus on its education business.
Pearson acquired its stake in the Economist in 1957 as part of its acquisition of the FT. The paper says a sale of the Pearson stake would have to be approved by the Economist Group trustees.
The post Financial Times says parent company Pearson in talks to sell its stake in Economist Group appeared first on Canadian Business – Your Source For Business News.
The report says the talks involve other shareholders in the Economist Group.
The FT said Saturday its report is based on people familiar with the negotiations. It did not indicate a sale is imminent.
Pearson is in the process of selling the FT Group, including the newspaper, to the Nikkei Group of Japan. The deal was announced Thursday.
The company has said it wants to focus on its education business.
Pearson acquired its stake in the Economist in 1957 as part of its acquisition of the FT. The paper says a sale of the Pearson stake would have to be approved by the Economist Group trustees.
The post Financial Times says parent company Pearson in talks to sell its stake in Economist Group appeared first on Canadian Business – Your Source For Business News.
