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Money in the bank: Ottawa looks for new ways to tax dormant accounts + MORE Jan 13th
Ottawa wants to reform and expand its national registry of "unclaimed balances" — money in financial accounts that Canadians have forgotten they own. The proposal would add unclaimed pensions to the registry, but critics say that with about $6 billion in dormant assets up for grabs.... More »
Is it Apple's turn for a FAANG-over? Tech giant set to reveal earnings Tuesday + MORE Jul 30th
Apple Inc. reports after the closing of stock market trading on Tuesday with much of the attention likely to be focused once again on the future of the company's key product, the iPhone..... More »
Key measure of Canadian household debt little changed in first quarter + MORE Jun 14th
OTTAWA – Statistics Canada says the ratio of household credit market debt to disposable income edged down in the first quarter.
The agency says the ratio was 165.3 per cent for the first three months of 2016, down from 165.4 per cent in the fourth quarter of last year.
That means households he.... More »
Ontario offers $100 million for upgrades to natural gas furnaces, water heaters + MORE Feb 4th
TORONTO – Ontario is promising a $100 million rebate program to help homeowners upgrade their furnaces, water heaters and insulation, but there are no details on a start date, eligibility rules or amounts.
The goal is to reduce greenhouse gas emissions, and at the same time help create jobs an.... More »
Canadian home sales expected to fall 11% this year + MORE Jun 15th
Home sales in Canada are projected to slide by 11 per cent this year, according to a new forecast by a national real estate group..... More »
Tekmira Pharmaceuticals Corp. saw its stock jump more than 22 per cent Friday morning after announcing it has verbal approval from the U.S. Food and Drug Administration that would fast track its new drug to treat the Ebola virus.
Gap, Post Holdings, Lions Gate Entertainment, CBS, and Nvidia are big market movers
– canadianbusiness.com
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Gap Inc., up $2.37 to $42.57
The clothing retailer reported a 3 per cent boost in second-quarter sales and forecast quarterly profit above Wall Street expectations.
Post Holdings Inc., down $7.08 to $37.43
The breakfast cereal maker reported a third-quarter loss on expenses and said it will buy American Blanching Co. for $128 million.
Lions Gate Entertainment Corp., up $2.28 to $32.63
The film and television production company reported a jump in quarterly profit on lower expenses, topping Wall Street expectations.
CBS Corp., up $2.33 to $59.23
The media company reported a drop in quarterly profit and revenue, but the financial results still beat Wall Street expectations.
Nasdaq
Nvidia Corp., up $1.54 to $19
The visual technology computer chip maker reported a boost in quarterly profit and revenue, beating Wall Street expectations.
Tekmira Pharmaceuticals Corp…
NYSE
Gap Inc., up $2.37 to $42.57
The clothing retailer reported a 3 per cent boost in second-quarter sales and forecast quarterly profit above Wall Street expectations.
Post Holdings Inc., down $7.08 to $37.43
The breakfast cereal maker reported a third-quarter loss on expenses and said it will buy American Blanching Co. for $128 million.
Lions Gate Entertainment Corp., up $2.28 to $32.63
The film and television production company reported a jump in quarterly profit on lower expenses, topping Wall Street expectations.
CBS Corp., up $2.33 to $59.23
The media company reported a drop in quarterly profit and revenue, but the financial results still beat Wall Street expectations.
Nasdaq
Nvidia Corp., up $1.54 to $19
The visual technology computer chip maker reported a boost in quarterly profit and revenue, beating Wall Street expectations.
Tekmira Pharmaceuticals Corp…
Almost one out of five condominium owners in Toronto and Vancouver have bought another unit in order to use as an investment, according to a new Canada Mortgage and Housing Corporation survey.
120 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
