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Business Highlights + MORE Sep 13th
Wells Fargo cutting sales goals in wake of $185 million fine
NEW YORK (AP) — Wells Fargo will cut its aggressive product sales goals for retail bankers, as it faces $185 million in fines and a damaged reputation after allegations that it opened millions of unauthorized accounts to meet those targe.... More »
What’s my RRSP contribution limit? Dec 12th
Your RRSP contribution limit is the maximum amount you can add to your registered retirement savings plan each year without triggering penalties. It’s based on your unused RRSP deduction room plus 18% of your previous year’s earned income, up to the annual CRA limit.
Use our RRSP contri.... More »
Tech disruption top of mind for Canada’s bankers + MORE Nov 11th
More than 80 per cent agreed that Canadian financial institutions are vulnerable to competition from financial technology players
.... More »
Stocks lower as investors weigh rising North Korea tensions Aug 9th
North American markets were lower on Wednesday afternoon as investors rushed to safe-haven assets after President Donald Trump's 'fire and fury' warning to North Korea escalated tensions with the nuclear-armed nation..... More »
Market jitters lead to more declines as investors face growing risks Oct 23rd
North American benchmark stock indexes saw more big declines on Tuesday — an occurrence that's becoming all too familiar — and analysts say the list of risks facing investors is growing..... More »
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.
Ukraine unrest: On front line with Kiev protesters – BBC News
– news.google.ca
BBC NewsUkraine unrest: On front line with Kiev protestersBBC NewsProtesters in Ukraine have rejected the terms of a new amnesty law aimed at ending the country's unrest. Parliament backed an amnesty for detainees if protesters vacated the government buildings they had occupied and unblocked streets and squares.Ukraine leader takes sick leave, no crisis solution in sightZee NewsUS readies financial sanctions against Ukraine – sourcesInterfaxall 4,405 news articles »
5.5 year – 2.77%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-01-25. Click on the link above to get more details or apply online.
Harley-Davidson 4Q earnings rise 6.8 per cent as motorcycle sales grow worldwide
– canadianbusiness.com
MILWAUKEE – Harley-Davidson’s fourth-quarter earnings rose 6.8 per cent as motorcycle sales continued to rise worldwide.
The Milwaukee company says global sales of new motorcycles grew 5.7 per cent in the quarter and 4.4 per cent for the full year as buyers responded to its new model lineup.
Harley-Davidson posted fourth-quarter net income of $75.4 million, up from $70.6 million a year ago.
That’s 34 cents per share, compared with 31 cents in the last quarter of 2012. Revenue rose 2.1 per cent to $1.03 billion.
The company beat Wall Street’s earnings expectations for the quarter. Analysts polled by FactSet expected 33 cents per share, on motorcycle revenue of $1.04 billion.
For the full year, Harley’s profit rose 17.6 per cent to just under $734 million, or $3.28 per share. Revenue was $5.26 billion.
The annual performance also beat Wall Street estimates. Analysts expected earnings of $3.27 per share on revenue of just under $5.26 billion.
Harley predicted strong growth in global motorcycle shipments for 2014, up 7 per cent to 9 per cent to a range of 279,000 to 284,000…
The Milwaukee company says global sales of new motorcycles grew 5.7 per cent in the quarter and 4.4 per cent for the full year as buyers responded to its new model lineup.
Harley-Davidson posted fourth-quarter net income of $75.4 million, up from $70.6 million a year ago.
That’s 34 cents per share, compared with 31 cents in the last quarter of 2012. Revenue rose 2.1 per cent to $1.03 billion.
The company beat Wall Street’s earnings expectations for the quarter. Analysts polled by FactSet expected 33 cents per share, on motorcycle revenue of $1.04 billion.
For the full year, Harley’s profit rose 17.6 per cent to just under $734 million, or $3.28 per share. Revenue was $5.26 billion.
The annual performance also beat Wall Street estimates. Analysts expected earnings of $3.27 per share on revenue of just under $5.26 billion.
Harley predicted strong growth in global motorcycle shipments for 2014, up 7 per cent to 9 per cent to a range of 279,000 to 284,000…
3M’s 4th quarter profit climbs more than 11 per cent, helped by gains from biggest business
– canadianbusiness.com
3M says its fourth-quarter earnings jumped more than 11 per cent, fueled in part by a revenue gain from the Post-it note maker’s industrial business.
The Maplewood, Minn., company says it earned $1.1 billion, or $1.62 per share, in the quarter ended Dec. 31. That compares to $991 million, or $1.41 per share, a year ago.
Revenue climbed 2.5 per cent to $7.57 billion.
Analysts forecast earnings of $1.61 per share on $7.73 billion in revenue.
3M also makes reflective coatings for signs and glues and adhesives, and its products are used in a variety of industries.
It says revenue from its industrial business climbed 6.1 per cent to $2.6 billion, driven by gains for advanced materials, aerospace and automotive aftermarket products.
3M Co. shares are up 75 cents to $131 per share in premarket trading.
The post 3M’s 4th quarter profit climbs more than 11 per cent, helped by gains from biggest business appeared first on Canadian Business.
The Maplewood, Minn., company says it earned $1.1 billion, or $1.62 per share, in the quarter ended Dec. 31. That compares to $991 million, or $1.41 per share, a year ago.
Revenue climbed 2.5 per cent to $7.57 billion.
Analysts forecast earnings of $1.61 per share on $7.73 billion in revenue.
3M also makes reflective coatings for signs and glues and adhesives, and its products are used in a variety of industries.
It says revenue from its industrial business climbed 6.1 per cent to $2.6 billion, driven by gains for advanced materials, aerospace and automotive aftermarket products.
3M Co. shares are up 75 cents to $131 per share in premarket trading.
The post 3M’s 4th quarter profit climbs more than 11 per cent, helped by gains from biggest business appeared first on Canadian Business.
