TSX getting you down? There are always sound investment alternatives.
Latest News
Single mom Adelaide has $22,000 in line-of-credit debt — here’s how she learned to dig her way out + MORE May 28th
If she cannot chip away at her line of credit, says financial expert Jason Heath, it is going to hold Adelaide back from financial freedom in the future..... More »
How to make better financial decisions—without regret—in a crisis Jan 27th
How do you make no-regret decisions when you are in crisis? You follow the guidelines in what I call the Decision Crisis Playbook.
The Decision Crisis Playbook
In this book, a decision crisis means you have to make big decisions at a really difficult time but your basic needs .... More »
Time to get selective about dividend equities, where the loonie will peak, and summer stock picks + MORE Jul 22nd
A roundup of investment ideas for active investors
.... More »
Trump administration takes another swipe at 'Obamacare' - Ottawa Citizen + MORE Jul 8th
Charlotte ObserverTrump administration takes another swipe at 'Obamacare'Ottawa CitizenWASHINGTON — The Trump administration is freezing payments under an “Obamacare” program that protects insurers with sicker patients from financial losses, a move expected to add to premium increase.... More »
Banks poised to report strong Q2 despite housing slowdown: analysts + MORE May 22nd
Canada's biggest banks are upping the ante in the mortgage wars amid slowing growth and national housing sales at lows not seen in several years, but analysts say real estate market woes won't dent lenders' earnings, just yet..... More »
Business Highlights
– canadianbusiness.com
___
DuPont, Dow Chemical seek merger, then 3-way split
DOVER, Del. (AP) — Dow Chemical and DuPont are merging to form a company valued at about $130 billion as they try to counter falling commodities prices and weakness in some key markets that have pressured their giant agriculture and chemicals businesses.
The two companies, whose research has brought the world products such as Ziploc bags, Saran wrap and Teflon coatings, will first form DowDuPont, then separate into three independent publicly traded companies focused on agriculture, material science and specialty products.
The proposed merger, announced Friday, would temporarily create the world’s second-largest chemical company.
___
The agitators behind Dow, DuPont, Yahoo moves
NEW YORK (AP) — Dow Chemical, DuPont and Yahoo didn’t so much leap toward new corporate futures this week. They were pushed.
Behind the $130 billion merger of Dow and DuPont and the impending breakup of Yahoo were large investment firms that were agitating for change…
DuPont, Dow Chemical seek merger, then 3-way split
DOVER, Del. (AP) — Dow Chemical and DuPont are merging to form a company valued at about $130 billion as they try to counter falling commodities prices and weakness in some key markets that have pressured their giant agriculture and chemicals businesses.
The two companies, whose research has brought the world products such as Ziploc bags, Saran wrap and Teflon coatings, will first form DowDuPont, then separate into three independent publicly traded companies focused on agriculture, material science and specialty products.
The proposed merger, announced Friday, would temporarily create the world’s second-largest chemical company.
___
The agitators behind Dow, DuPont, Yahoo moves
NEW YORK (AP) — Dow Chemical, DuPont and Yahoo didn’t so much leap toward new corporate futures this week. They were pushed.
Behind the $130 billion merger of Dow and DuPont and the impending breakup of Yahoo were large investment firms that were agitating for change…
The close: Lowest close in two years for TSX as oil prices plunge again
– theglobeandmail.com
Oil skids toward 11-year low as IEA warns of worse glut
The close: Lowest close in two years for TSX as oil prices plunge again – The Globe and Mail
– news.google.ca
The Globe and MailThe close: Lowest close in two years for TSX as oil prices plunge againThe Globe and MailCanada's main stock index sank further on Friday following a two-day respite as energy stocks tumbled after an oil group warned on slowing demand growth and heavyweight bank shares also fell. The Standard & Poor's/TSX Composite Index dropped 226.64 …TSX sees its weakest close in more than two yearsReuters CanadaTSX suffers as oil and dollar fallToronto StarStock market malady as oil falls under US$36, dollar dips below 73 cents USNews1130Baystreet.caall 176 news articles »
Outlook increasingly bleak as TSX faces worst year since financial crisis
– theglobeandmail.com
Investing in Canada has, and will likely continue to be, a distinctly unrewarding experience
Pep Boys agrees to be acquired by Bridgestone following sweetened takeover bid
– canadianbusiness.com
Pep Boys has agreed to be acquired by Bridgestone for $863 million in cash after the tires and auto service company sweetened its offer following a bid from Carl Icahn’s investment firm.
Bridgestone and Pep Boys said late Friday that the new offer amounts to $15.50 for each Pep Boys share, an increase from its previous offer of $15 per share.
Pep Boys’ board of directors is unanimously recommending that the company’s shareholders accept the offer.
The company said that its board no longer sees Icahn’s $837.4 million buyout offer as a superior proposal.
Pep Boys – Manny, Moe & Jack, based in Philadelphia, has about 800 locations around the country that sells auto parts and repairs vehicles. Bridgestone Corp. is based in Tokyo.
The post Pep Boys agrees to be acquired by Bridgestone following sweetened takeover bid appeared first on Canadian Business – Your Source For Business News.
Bridgestone and Pep Boys said late Friday that the new offer amounts to $15.50 for each Pep Boys share, an increase from its previous offer of $15 per share.
Pep Boys’ board of directors is unanimously recommending that the company’s shareholders accept the offer.
The company said that its board no longer sees Icahn’s $837.4 million buyout offer as a superior proposal.
Pep Boys – Manny, Moe & Jack, based in Philadelphia, has about 800 locations around the country that sells auto parts and repairs vehicles. Bridgestone Corp. is based in Tokyo.
The post Pep Boys agrees to be acquired by Bridgestone following sweetened takeover bid appeared first on Canadian Business – Your Source For Business News.
