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Latest News
Stock market news for Canadian investors: Cineplex, McDonald’s report earnings Feb 12th
Companies that reported earnings this week
Cineplex
McDonald’s
L.A. wildfires, U.S. tariff threats don’t have Cineplex execs worried
Source: Google
Cineplex (TSE: CGX)
Q4 earnings: $3.3 million or five cents per share, compared with a loss of $9.0 million or 14 cents pe.... 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 »
Why everyone feels like they’re in the middle class + MORE Jun 17th
Aerial view over the Montreal suburb and middle class homes. (FOTOimage/Getty Images)
Most Canadians think of themselves as middle class. In fact, the term is so elastic that politicians know they have just about everybody’s ear when they talk about “middle class” goals and aspirations. W.... More »
Suncor earnings surge as oil demand edges higher + MORE Oct 26th
Suncor said after markets closed that net earnings for the three months ended Sept. 30 were $1.3-billion, or 78 cents per share
.... More »
10 common crypto scams and how to avoid them + MORE Sep 16th
Cryptocurrency investing offers new and exciting opportunities, but it’s also rife with scams and tech-savvy con artists. And since the crypto space remains largely unregulated, it’s often difficult to distinguish between genuine investment opportunities and scams.
In just the first half of 2.... More »
60 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.
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.
30 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.
Allergan reviewing special meeting requests as Valeant ratchets up $53B hostile takeover bid
– canadianbusiness.com
TRENTON, N.J. – Botox maker Allergan Inc. is reviewing shareholder requests for a special meeting to consider replacing most of its board, a change fellow drugmaker Valeant Pharmaceuticals International Inc. is seeking as part of the hostile takeover attempt it’s been waging since April.
Allergan has repeatedly rejected Valeant’s offers to buy the company, the latest for about $53 billion in cash and stock, saying Valeant is substantially undervaluing the company and that an independent Allergan can generate more value for shareholders.
Valeant and its partner — investment fund manager Pershing Square Capital Management LP — said late Friday they had submitted to Allergan written requests for a special shareholders meeting from holders of 31 per cent of Allergan’s stock. That exceeds the level Allergan’s bylaws require, Pershing Square said.
Allergan, based in Irvine, California, said Friday evening that it will announce details on a possible meeting once it finishes reviewing the requests…
Allergan has repeatedly rejected Valeant’s offers to buy the company, the latest for about $53 billion in cash and stock, saying Valeant is substantially undervaluing the company and that an independent Allergan can generate more value for shareholders.
Valeant and its partner — investment fund manager Pershing Square Capital Management LP — said late Friday they had submitted to Allergan written requests for a special shareholders meeting from holders of 31 per cent of Allergan’s stock. That exceeds the level Allergan’s bylaws require, Pershing Square said.
Allergan, based in Irvine, California, said Friday evening that it will announce details on a possible meeting once it finishes reviewing the requests…
