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Can you use the FHSA and HBP together? + MORE Aug 15th
If you’ve been saving up to buy your first home, you’ve probably looked into the most effective ways to invest your money and come up with a solid down payment. You may also have explored programs for first-time home buyers—after all, every little bit helps, especially in a challenging housing.... More »
How the coronavirus pandemic could change the way we think about retirement in Canada Apr 29th
Over the past few decades, the concept of retirement has grown increasingly more sophisticated. Canadians preparing for retirement have been able to contemplate a variety of highly personalized approaches—from early (or even very early) retirement; to active, phased, or working retirement; and mor.... More »
Making sense of the markets this week: September 22, 2024 + MORE Sep 20th
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.
U.S. Fed cuts rates for the first time in four years
The U.S. dollar remains the most important currency in the world, a.... 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 »
Trump Family Finance - Wall Street Journal Oct 3rd
Wall Street JournalTrump Family FinanceWall Street JournalLast year MSNBC anchor Rachel Maddow revealed tax data suggesting that Donald Trump is not nearly as good as Warren Buffett when it comes to avoiding federal income taxes. But what about Mr. Trump's late father Fred? The New York Times i.... More »
Macy’s misses 2Q profit and revenue expectations
– canadianbusiness.com
CINCINNATI – Macy’s Inc. (M) on Wednesday reported fiscal second-quarter profit of $217 million.
On a per-share basis, the Cincinnati-based company said it had profit of 64 cents.
The results missed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share.
The department store operator posted revenue of $6.1 billion in the period, which also fell short of Street forecasts. Five analysts surveyed by Zacks expected $6.24 billion.
Macy’s expects full-year earnings to be $4.70 to $4.80 per share.
Macy’s shares have increased nearly 3 per cent since the beginning of the year, while the Standard & Poor’s 500 index has risen 1 per cent. The stock has risen 12 per cent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on M at http://www.zacks.com/ap/M
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Keywords: Macy’s, Earnings Report, Priority Earnings
The post Macy’s misses 2Q profit and revenue expectations appeared first on Canadian Business – Your Source For Business News.
On a per-share basis, the Cincinnati-based company said it had profit of 64 cents.
The results missed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share.
The department store operator posted revenue of $6.1 billion in the period, which also fell short of Street forecasts. Five analysts surveyed by Zacks expected $6.24 billion.
Macy’s expects full-year earnings to be $4.70 to $4.80 per share.
Macy’s shares have increased nearly 3 per cent since the beginning of the year, while the Standard & Poor’s 500 index has risen 1 per cent. The stock has risen 12 per cent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on M at http://www.zacks.com/ap/M
_____
Keywords: Macy’s, Earnings Report, Priority Earnings
The post Macy’s misses 2Q profit and revenue expectations appeared first on Canadian Business – Your Source For Business News.
How to make money in real estate
– moneysense.ca
Want to make money in real estate? Real money. Like $13-million in profit kinda money? Don’t bother with rental properties and put away the hammer because sweat equity won’t cut it. Instead, you’ll want to team up with a home-reno celebrity or a successful real estate tycoon and go into the real estate seminar racket.While, I’ve written about the dubious nature of real estate training workshops in the past, I thought a refresher was due. Why? Because of the sheer volume of seminars that are being offered across this country and because a Vancouver lawyer is finally poking holes in the validity of the claims made by these seminar promoters.
Lawyer Ron Usher spent the last five years examining and fact-checking claims made by At Will Events—a Canadian-based marketing and event planning firm that offers free seminars on how to invest and make money in the U.S. real estate market, among other topics.
What Usher found through his investigation was not surprising. The sample cases and testimonials offered by seminar coordinators and participants are, on the whole, simply not factual…
An alliance of mainly U.S.-based stock traders and computer hackers in Ukraine made as much as $100 million in illegal profits over five years after stealing confidential corporate press releases, U.S. authorities said on Tuesday.
Agnelli family raises stake in The Economist as Pearson sells out
– theglobeandmail.com
Move follows deal to sell the Financial Times newspaper to Japan’s Nikkei family
As natural gas prices remain depressed for the better part of the last decade, the Gas City keeps moving further away from its wealth generator of the past.
