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Tesla's Q1 net income down 55% year over year - CBC News + MORE Apr 23rd
Tesla's Q1 net income down 55% year over year CBC NewsTesla shares jump 11% after Musk says company aims to start production of affordable new EV by early 2025 CNBCTesla's shift on low-cost cars throws Mexico, India factory plans into limbo Yahoo Canada FinanceTesla .... More »
Harper’s flawed $10,000 TFSA promise + MORE Dec 2nd
(Illustration by Sebastien Thibault)
It’s now a foregone conclusion that Prime Minister Stephen Harper will increase the annual contribution limit of the Tax-Free Savings Account (TFSA) next spring when the Tories balance the budget, likely boosting it to $10,000. It’s a political move—enginee.... More »
Doug Ford stripped school trustees of their power. Whether that's a good or bad thing depends on who you ask Jul 11th
On the last day of school last month, the Ontario government took control of four school boards, including the Toronto District School Board and the Toronto Catholic board, accusing them of financial mismanagement for continuing to run deficits or failing….... More »
Why Simple Is Still a Hard Sell + MORE Jan 25th
Last January, I overhauled my model portfolios to make them simpler. Some of the older options included small-cap stocks, preferred shares, and real estate investment trusts (REITs), but I switched to recommending a three-ETF portfolio covering only the core asset classes. While many readers welcome.... More »
Casino giant Caesars talks with creditors as debt mounts, analysts foresee bankruptcy + MORE Oct 17th
LAS VEGAS, Nev. – Caesars Entertainment Corp. says it’s talking with some creditors to come up with ways to release pressure on its debt-heavy operations division but financial analysts still see signs of bankruptcy to come.
Officials reported the formal talks with its bank lenders in a .... More »
New Trade: Long LinkedIn (LNKD) & Short Salesforce (CRM)
– IntelligentSpeculator.net
As you have hopefully seen, I will be closing 1 trade this morning, on LNKD and P. As you can now guess, it’s not about closing a long on LinkedIn but rather about not wanting to keep that short Pandora short for too long. To date, it’s been a great year of trading as the average long & short trade has returned around 8%. The year is still young though so I won’t celebrate anytime soon. Truth be told, even year end isn’t really time to celebrate given the fact that it’s right back at square 0 afterwards:)As will be the case all year, my long & short stock picks will be available to see in my live spreadsheet:
http://www.intelligentspeculator.net/livetrades
You can see the numbers for both companies involved in today’s trade here:
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Again, the trend looks terrible for LNKD and I generally stay away from companies that have such numbers. I am a believer in LNKD though and do think they will turn this around…
120 days – 1.70%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
30 days – 1.50%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
5.5 year – 2.80%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-03-11. Click on the link above to get more details or apply online.
Costs of climate change from damage, drag to world growth steep but tough to tally
– canadianbusiness.com
YOKOHAMA, Japan – The economic and financial impact of global warming is complex and not well understood. In some scenarios there would be economic benefits for countries that get warmer and wetter and consequently more fertile agriculturally. Drier weather in some regions would result in sharply lower crop yields.
Overall, changes in climate are expected to cause significant disruptions that also exact an economic toll. Advisers to the Intergovernmental Panel on Climate Change say that the world economy may suffer losses of between 0.2 per cent and 2 per cent of income if temperatures rise by 2 degrees from recent levels.
Below are some of the costliest impacts, according to a 49-page summary from the Intergovernmental Panel on Climate Change which met in Yokohama near Tokyo this week.
— ENERGY
Demand for residential air conditioning in the summer will rise from 300 terawatt hours a year in 2000 to about 4,000 terawatt hours in 2050 and more than 10,000 terawatt hours in 2100. Rising incomes will drive most of that increase, climate change a quarter of it…
Overall, changes in climate are expected to cause significant disruptions that also exact an economic toll. Advisers to the Intergovernmental Panel on Climate Change say that the world economy may suffer losses of between 0.2 per cent and 2 per cent of income if temperatures rise by 2 degrees from recent levels.
Below are some of the costliest impacts, according to a 49-page summary from the Intergovernmental Panel on Climate Change which met in Yokohama near Tokyo this week.
— ENERGY
Demand for residential air conditioning in the summer will rise from 300 terawatt hours a year in 2000 to about 4,000 terawatt hours in 2050 and more than 10,000 terawatt hours in 2100. Rising incomes will drive most of that increase, climate change a quarter of it…
