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
TSX Alpha speed bump doing more harm than good: study + MORE Nov 8th
Academic paper’s critique adds fuel to Bay Street debate on stock markets with speed bumps
.... More »
Second Cup CFO to leave, follows exit of CEO + MORE May 12th
Second Cup Ltd. says its chief financial officer has decided to leave the company at the end of June, the second high-ranking executive departure announced by the coffee company this week..... More »
BHP trying to acquire Anglo American, threatening Teck takeover - The Globe and Mail Nov 23rd
BHP trying to acquire Anglo American, threatening Teck takeover The Globe and MailBHP BHP Drops Anglo American Tie-Up Plan, Canva’s IPO plans: Australia Briefing Bloomberg.comMining giant BHP makes renewed takeover bid for rival Anglo American, source says CNBCBHP .... More »
Business Highlights + MORE Oct 24th
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Markets back in positive territory after summer swoon
NEW YORK (AP) — Maybe you shouldn’t have put your money under a mattress after all.
The stock market is back in the black for the year after a bruising late-August tumble that had investors worrying about their money in a way they had.... More »
Fintech platforms outpace bank brokerages in new survey + MORE Apr 9th
Fintech companies are leading in client satisfaction compared with self-directed brokerages at traditional banks, a new report shows. A JD Power survey on investor satisfaction found fintechs aren’t just winning on consumer satisfaction but are also perceived to be more innovative and equally .... More »
EBay beats on 3Q profit expectations, but misses revenue forecasts and cuts outlook
– canadianbusiness.com
SAN JOSE, Calif. – EBay Inc. on Wednesday reported better-than-expected earnings for the third quarter but cut its sales forecast for the year. Shares dropped 3 per cent after-hours.
The company’s PayPal business had another strong quarter. Revenue grew 20 per cent to $1.95 billion and mobile payment volume jumped 72 per cent to $12 billion. PayPal remains on track to process 1 billion mobile transactions this year. Earlier this month eBay said it would split off the payment processor, its fastest growing unit, late next year.
The marketplaces business grew revenue 6 per cent to $2.16 billion, and gained 3.4 million new buyers to end the quarter with 152 million active buyers, up 13 per cent.
The San Jose, California-based company said it had profit of 54 cents per share. Earnings, adjusted for one-time gains and costs, were 68 cents per share. The results surpassed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share…
The company’s PayPal business had another strong quarter. Revenue grew 20 per cent to $1.95 billion and mobile payment volume jumped 72 per cent to $12 billion. PayPal remains on track to process 1 billion mobile transactions this year. Earlier this month eBay said it would split off the payment processor, its fastest growing unit, late next year.
The marketplaces business grew revenue 6 per cent to $2.16 billion, and gained 3.4 million new buyers to end the quarter with 152 million active buyers, up 13 per cent.
The San Jose, California-based company said it had profit of 54 cents per share. Earnings, adjusted for one-time gains and costs, were 68 cents per share. The results surpassed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share…
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.
40 days – 2.75%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.
Stock market slide: Try not to do anything stupid
– moneysense.ca
Halloween is still two weeks away, but that hasn’t stopped global stock markets from striking a note of terror in the hearts of investors. After stock indices sleepwalked their way to record highs last month, blissfully oblivious to all the terrible, awful events unfolding in the world—the spread of both Ebola and the equally vile Islamic State, Russia’s continued aggression toward its neighbours (remember that time Putin-backed rebels blew a passenger plane out of the sky?) and a generally crummy outlook for global growth—it’s as if the collective weight of all that negative news finally became too much. Optimists have once again given way to doomsayers, greed to fear.
Which, as we’ll see, is generally right about the time when sound investment strategies give way to stupid.
The carnage in markets has been spectacular. In the span of less than a month, the S&P 500 index has shed seven per cent of its value. It’s been worse in Canada, with the energy-dependent S&P/TSX composite index down 10 per cent since its September peak, anchored by falling oil prices…
Las Vegas Sands reports 3Q profits rise despite challenging quarter in gambling capital Macau
– canadianbusiness.com
LAS VEGAS, Nev. – Las Vegas Sands Corp. says despite a challenging three months in Macau the company’s profit increased 7.2 per cent due to a focus in part on non-gambling revenue.
The casino-hotel company announced Wednesday in its third-quarter financial report that revenue dropped 1 per cent compared to a year ago to $3.53 billion
CEO and Chairman Sheldon Adelson called it a solid set of financial results.
Shares of Las Vegas Sands added about 1.7 per cent in after-hours trading.
The post Las Vegas Sands reports 3Q profits rise despite challenging quarter in gambling capital Macau appeared first on Canadian Business.
The casino-hotel company announced Wednesday in its third-quarter financial report that revenue dropped 1 per cent compared to a year ago to $3.53 billion
CEO and Chairman Sheldon Adelson called it a solid set of financial results.
Shares of Las Vegas Sands added about 1.7 per cent in after-hours trading.
The post Las Vegas Sands reports 3Q profits rise despite challenging quarter in gambling capital Macau appeared first on Canadian Business.
