McDonald’s nixes REIT idea, hikes quarterly dividend + MORE Nov 10th

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Warren Buffett becomes Bank of America’s top shareholder + MORE Aug 29th

Berkshire Hathaway exercised its right to acquire 700 million shares at a steep discount, more than tripling an investment it made six years ago .... More »

Some of my favourite Canadian dividend paying stocks + MORE Mar 6th

Save, invest, prosper with My Own Advisor. Some of my favourite Canadian dividend paying stocks There are quite a few dividend payers in Canada but I believe you shouldn’t strive to own them all. Why on earth would I say that? While dividend payments are great dividend payments AND dividend increa.... More »

Fear grips investors as stock markets plunge, loonie down - CTV News Mar 12th

Fear grips investors as stock markets plunge, loonie down  CTV NewsTSX, Wall Street keep dropping after triggering 2nd trading halt in a week  Global NewsTSX falls by 12%, now back to where it was in 2016  CBC.caCanadian stocks on brink of biggest drop since 1940 amid g.... More »
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Things to Consider About Personal Loans May 8th

It seems like personal loans are the choice number one nowadays. When things don’t go according to the plan, or simply when it’s hard to make ends meet, the first thing that falls on our minds is personal loans. They are like the easiest solution to our problems. It doesn’t take a lot to recei.... More »
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (13,411.63, down 70.99 points):
Orbite Technologies Inc. (TSX:ORT). Miner. Down half-a-cent, or 1.06 per cent, to 46.5 cents on seven million shares.
Surge Energy Inc. (TSX:SGY). Oil and gas. Down 18 cents, or 6.23 per cent, to $2.71 on 6.8 million shares.
Amaya Inc. (TSX:AYA). Online gaming. Down $10.13, or 32.44 per cent, to $21.10 on 6.4 million shares. The company that runs the PokerStars online gambling business is lowering its financial expectations for 2015, in part because the stronger U.S. dollar has sapped the purchasing strength of its customers and eaten into revenue. Amaya chairman and CEO David Baazov also said that the Montreal-based company has delayed the rollout of “significant aspects” of its new online sportsbook while it makes enhancements and completes the product.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down five cents, or 3.33 per cent, to $1…

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CTV NewsTSX down as global growth concerns weigh on resource stocksCTV NewsTORONTO — The Toronto stock market closed lower Tuesday as lingering concerns about lagging global growth and a fresh spate of data out of China weighed on metals and mining and gold stocks. The Toronto Stock Exchange's S&P/TSX index ended the …The close: TSX continues slumpThe Globe and MailTSX falls, global growth concerns weigh on materialsReuters CanadaClosing Report: TSX falls, materials group falls more than 2 percentbnn.caToronto Star -The Daily Courier (subscription)all 68 news articles »

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NEW YORK, N.Y. – The uneasy relationship between banks and companies that use their data to provide personal finance services has shown signs of fraying in recent months, causing some frustrating disruptions in service to people trying to track their spending.
Who knew keeping tabs on your monthly coffee budget could be so contentious?
Personal finance websites and apps that can provide a way for users to monitor their finances across all of their banks and credit cards have become popular because they give users an almost real-time view of their financial lives in a way that was impossible a few years ago. Mint, a personal finance service is owned by Intuit, has 2.5 million daily users. BillGuard, which monitors for fraudulent transactions, has 1.3 million users and was bought by the lending company Prosper earlier this year.
But these sites and apps depend on data from all of each user’s financial institutions, data that is extremely sensitive and extremely valuable for marketing financial products…

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Potential upside of REIT was not compelling, CEO says

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The stock market broke a four-day slump with modest gains on Tuesday. Leaders included retailers, media companies and homebuilders.
For Tuesday:
The Dow Jones industrial average added 27.73 points, or 0.2 per cent, to 17,758.21.
The Standard & Poor’s 500 index edged up 3.14 points, or 0.2 per cent, to 2,081.72.
The Nasdaq composite index lost 12.06 points, or 0.2 per cent, to 5,083.24.
For the week:
The Dow has lost 152.12 points, or 0.9 per cent.
The S&P 500 has fallen 17.48 points, or 0.8 per cent.
The Nasdaq has shed 63.88 points, or 1.2 per cent.
For the year:
The Dow is down 64.86 points, or 0.4 per cent.
The S&P is up 22.82 points, or 1.1 per cent.
The Nasdaq is up 347.19 points, or 7.3 per cent.
The post How the Dow Jones industrial average and other major indexes fared on Tuesday appeared first on Canadian Business – Your Source For Business News.

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