The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
Latest News
Innovative Devices are Transforming a Regular Day’s Work in the Financial Services Industry Dec 23rd
When COVID-19 hit, the pace of digital adoption within the financial services industry was accelerated practically overnight. Employees needed a way to stay connected and productive away from the office and turned to the latest digital tools and technologies to make this a reality. Now, there’s no.... More »
2023 tax credits, due dates and when you can file: Your 2023 income tax return guide Apr 9th
You’ll want to bookmark the MoneySense guide for 2023 personal income taxes. We will be updating it frequently, as information becomes available and deadlines approach. Plus, we get answers from the experts you won’t find anywhere else, thanks to our Ask MoneySense and Ask A Planner columns.&nbs.... More »
Weekend Reading – How much money is enough, dividend increases and more #money stuff Jul 22nd
Save, invest, prosper with My Own Advisor.
Weekend Reading Welcome to my latest Weekend Reading edition. I hope you are enjoying your summer thus far. I’m pretty happy about my REDBLACKS win this week. Let’s hope they can keep it going… Here is my article from this past week,.... More »
Ruby Tuesday and Concordia skid; Nordstrom and Sunrun surge + MORE Aug 13th
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily on Friday:
Nordstrom Inc., up $3.82 to $51.38
The department store chain said its anniversary sale results were strong, and it raised its annual profit forecast.
Ruby Tuesday Inc., down 49 cents to $3.24
The restaurant chain re.... More »
Doris makes $160,000, while her partner’s unemployed. She wants to buy a house and save for IVF or adoption. What should she do? Jul 19th
In terms of her relationship, Doris is also wondering how she can stay financially secure. “Is there any financial advice on how to best protect myself? Luckily everything is in my name.”.... More »
CIBT posts first-quarter profit of $384,000
– canadianbusiness.com
VANCOUVER – VANCOUVER, British Columbia (AP) _ CIBT Education Group Inc. (MBAIF) on Thursday reported fiscal first-quarter net income of $384,000, after reporting a loss in the same period a year earlier.
On a per-share basis, the Vancouver, British Columbia-based company said it had profit of 1 cent.
The operator of business, technical and language colleges posted revenue of $7 million in the period.
In the final minutes of trading on Thursday, the company’s shares hit 19 cents. A year ago, they were trading at 20 cents.
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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 MBAIF at http://www.zacks.com/ap/MBAIF
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Keywords: CIBT, Earnings Report
The post CIBT posts first-quarter profit of $384,000 appeared first on Canadian Business – Your Source For Business News.
On a per-share basis, the Vancouver, British Columbia-based company said it had profit of 1 cent.
The operator of business, technical and language colleges posted revenue of $7 million in the period.
In the final minutes of trading on Thursday, the company’s shares hit 19 cents. A year ago, they were trading at 20 cents.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MBAIF at http://www.zacks.com/ap/MBAIF
_____
Keywords: CIBT, Earnings Report
The post CIBT posts first-quarter profit of $384,000 appeared first on Canadian Business – Your Source For Business News.
TSX bounces back, but dollar slides
– thestar.com
The Toronto stock market bounced back into the black today after days of steep losses while the Canadian dollar weakened.
Exxon Mobil and JPMorgan rise, GoPro and Best Buy skid
– canadianbusiness.com
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq stock market:
NYSE
Best Buy Co., down $2.83 to $26.43
The electronics retailer said sales declined over the holidays and forecast a decline in revenue for the fourth quarter.
Exxon Mobil Corp. up $3.47 to $79.12
The energy giant’s shares rose as the price of U.S. crude oil rebounded from 12-year lows.
JPMorgan Chase & Co., up 86 cents to $58.20
The banking giant posted a larger fourth quarter profit that included strong results from its consumer banking business and less spending on litigation.
WebMD Health Corp., down $4.09 to $49.12
Responding to media reports, the health website operator said it is not in talks to be acquired.
Nasdaq
Big 5 Sporting Goods Corp., up 41 cents to $11.15
The sporting goods retailer forecast stronger-than-expected results for its upcoming earnings report.
GoPro Inc., down $2.13 to $12.48
The wearable camera maker slashed its fourth-quarter sales estimate and said it will cut about 100 jobs…
NYSE
Best Buy Co., down $2.83 to $26.43
The electronics retailer said sales declined over the holidays and forecast a decline in revenue for the fourth quarter.
Exxon Mobil Corp. up $3.47 to $79.12
The energy giant’s shares rose as the price of U.S. crude oil rebounded from 12-year lows.
JPMorgan Chase & Co., up 86 cents to $58.20
The banking giant posted a larger fourth quarter profit that included strong results from its consumer banking business and less spending on litigation.
WebMD Health Corp., down $4.09 to $49.12
Responding to media reports, the health website operator said it is not in talks to be acquired.
Nasdaq
Big 5 Sporting Goods Corp., up 41 cents to $11.15
The sporting goods retailer forecast stronger-than-expected results for its upcoming earnings report.
GoPro Inc., down $2.13 to $12.48
The wearable camera maker slashed its fourth-quarter sales estimate and said it will cut about 100 jobs…
The Canadian dollar hovered around 69.5 cents cents US Thursday as stock markets underwent a volatile morning session.
Learn, save, invest and prosper with My Own Advisor.59 cent loonie? That’s what I read about this week along with some Tangerine news, the suggestion to sell everything now, and market weakness advice. Hard to believe that’s what some financial experts are calling for our dollar, but it could happen I guess. Personally, I don’t see it going that low. Maybe $0.65 but really, like the price of oil, what my stocks might do or how my portfolio could perform, what the weather will be like next week….I have no idea. On that note, trying to forecast the future, I’ll have some fun and share some thoughts anyhow on what I think might happen in 2016 with an upcoming post about financial predictions – so stay tuned for that.
In case you missed it this week, I told you we’re closing in on another milestone as part of this dividend income update and I shared three investing habits I’m going to try and kick this year.
Enjoy this Weekend Reading edition and see you here again next week…
