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At the open: TSX starts higher as China data boosts oil + MORE Jan 19th
Wall St higher on China data, bank earnings
.... More »
How to protect your crypto from hacks + MORE Sep 23rd
2022 has been a tumultuous year for cryptocurrency markets. Significant and sustained price declines have shrunk the overall crypto market value below $1 trillion—a significant retreat from its all-time high of $3 trillion in November 2021. (All values in U.S. dollars.)
What has intensified inv.... More »
The humiliation, and comeback, of Michael Cooper + MORE Mar 9th
Knocked down by the Alberta slump, a real estate star rebuilds, slowly
.... More »
Making sense of the markets this week: February 6 Feb 4th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
The first modern-day pandemic—two years later
To my knowledge, I was the first financial writer in Canada to cover the pandemic or suggest it as a concern. It’.... More »
Organic Farming Training: Get your hands dirty in Quebec + MORE Jan 12th
Students on a farm near Victoriaville, Quebec. (exposeimage.com)
The Organic Agricutural Complex at Cégep de Victoriaville is seeking Canada’s budding organic farmers. The school, home to a three-year technical program in agricultural study, is preparing an additional 4,400 sq. m in new facilitie.... More »
Ford plans $1.8 billion expansion of China research and development
– canadianbusiness.com
BEIJING, China – Ford Motor Co. says it plans to spend $1.8 billion to expand its ability to develop technologies for China’s growing auto market.
The American automaker said Monday it will expand a research and development centre in the eastern city of Nanjing and work on autonomous driving and other features.
Global automakers are stepping up investment in China, the biggest auto market by number of vehicles sold, despite an abrupt slowdown in sales growth.
The post Ford plans $1.8 billion expansion of China research and development appeared first on Canadian Business – Your Source For Business News.
The American automaker said Monday it will expand a research and development centre in the eastern city of Nanjing and work on autonomous driving and other features.
Global automakers are stepping up investment in China, the biggest auto market by number of vehicles sold, despite an abrupt slowdown in sales growth.
The post Ford plans $1.8 billion expansion of China research and development appeared first on Canadian Business – Your Source For Business News.
Dell buying data storage company EMC in transaction valued at about $67 billion
– canadianbusiness.com
NEW YORK, N.Y. – Dell is buying data storage company EMC in a deal valued at approximately $67 billion.
Shareholders of EMC Corp. will receive about $33.15 per share, which includes cash plus tracking stock linked to part of EMC’s economic interest in the VMware business. That’s a 19 per cent premium to EMC’s Friday closing price of $27.86.
Cloud computing company VMware Inc., a subsidiary of EMC, will stay an independent, publicly traded company.
Since going private in 2013, Dell Inc. has been investing in research and development and growing its software and services business as those in the technology industry continue to struggle with soft PC sales.
The companies said Monday that the combined business will create the world’s biggest privately held integrated technology company.
“Our new company will be exceptionally well-positioned for growth in the most strategic areas of next generation IT including digital transformation, software-defined data centre, converged infrastructure, hybrid cloud, mobile and security,” Michael Dell said in a written statement…
Shareholders of EMC Corp. will receive about $33.15 per share, which includes cash plus tracking stock linked to part of EMC’s economic interest in the VMware business. That’s a 19 per cent premium to EMC’s Friday closing price of $27.86.
Cloud computing company VMware Inc., a subsidiary of EMC, will stay an independent, publicly traded company.
Since going private in 2013, Dell Inc. has been investing in research and development and growing its software and services business as those in the technology industry continue to struggle with soft PC sales.
The companies said Monday that the combined business will create the world’s biggest privately held integrated technology company.
“Our new company will be exceptionally well-positioned for growth in the most strategic areas of next generation IT including digital transformation, software-defined data centre, converged infrastructure, hybrid cloud, mobile and security,” Michael Dell said in a written statement…
How should Ottawa prioritize public infrastructure?
– theglobeandmail.com
All three levels of government should be taking advantage of low long-term interest rates while they last to begin funding an ambitious, innovative public-sector capital investment program
Dell to buy EMC for $67-billion in record tech deal
– theglobeandmail.com
Offer totals $33.15 (U.S.) a share in cash and special stock
CBC.caDell to buy data storage firm EMC Corp. for tech-sector record $67B USCBC.caDell Inc will buy data storage company EMC Corp in a deal valued at about $67 billion US, the largest on record in the technology sector. The offer is $33.15 US per share in cash and special stock, the companies said in a joint statement on Monday.Dell to acquire EMC in $67 billion record tech dealReuters CanadaDell buying data storage company EMC in transaction valued at about $67 billionCalgary HeraldUpdate: Dell to benefit from 'synergies' with EMC, Tucci saysComputerworldPCWorld -Forbes -Dellall 636 news articles »
