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Ask MoneySense
I am seriously considering investing in ETFs. Is there a penalty or limit into investing solely on an international ETF such as XAW?—Michael
Exchange-traded funds (ETFs) can be a great investment tool, Michael. There are over 900 ETFs listed on the TSX right now, according to th.... More »
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Before the Bell: Stocks set for gains, many key events loom
– theglobeandmail.com
Our equities analyst looks ahead to the investment day
At the open: Metals, financials lead TSX higher
– theglobeandmail.com
Wall St starts higher, set for best week since October
The Latest: Volkswagen shares is biggest riser in German market amid reports fix will be cheap
– canadianbusiness.com
BERLIN – The latest developments in Volkswagen’s emissions scandal. All times local:
2:50 p.m.
Shares in Volkswagen are rising amid reports that the cost of fixing its scandal-tainted cars — at least in Germany, where there are 2.4 million of them — might be far lower than expected.
Volkswagen’s preference share price was up 1.4 per cent at 107.30 euros, making it the strongest riser in Germany’s main stock index, which was 0.5 per cent higher.
Investors seem to be focusing on a report by a German magazine that says, without identifying its sources, that fixing the diesel engines that were identified to have test-cheating software could be done with a cheap piece of hardware in Germany.
The company is due to present to U.S. authorities its plans on how to fix the affected cars. Earlier, it also said it would cut its investments next year.
___
1:20 p.m.
Volkswagen CEO Michael Mueller says the company’s board has decided to reduce capital expenditures by 1 billion euros ($1…
2:50 p.m.
Shares in Volkswagen are rising amid reports that the cost of fixing its scandal-tainted cars — at least in Germany, where there are 2.4 million of them — might be far lower than expected.
Volkswagen’s preference share price was up 1.4 per cent at 107.30 euros, making it the strongest riser in Germany’s main stock index, which was 0.5 per cent higher.
Investors seem to be focusing on a report by a German magazine that says, without identifying its sources, that fixing the diesel engines that were identified to have test-cheating software could be done with a cheap piece of hardware in Germany.
The company is due to present to U.S. authorities its plans on how to fix the affected cars. Earlier, it also said it would cut its investments next year.
___
1:20 p.m.
Volkswagen CEO Michael Mueller says the company’s board has decided to reduce capital expenditures by 1 billion euros ($1…


