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Why your bond ETF isn’t losing money + MORE May 28th
I frequently get asked questions about bonds. One reader named Andrew recently asked me: “I have been investing using your Couch Potato strategy for just over three years now,” he wrote. “However, does it still make sense to invest in bonds when they are continually losing money?”
As it happ.... More »
Tullow Oil CEO Resigns After Company Loses Half Its Value - OilPrice.com Dec 9th
Tullow Oil CEO Resigns After Company Loses Half Its Value OilPrice.comTullow Oil shares dive as chief is ousted amid problems in Ghana The GuardianA British oil stock tanked 60% after the shock resignation of the CEO and head of exploration Business InsiderTullow sha.... More »
Auto-parts maker Linamar says GM’s U.S. strike costing $1-million a day; shares drop - The Globe and Mail Oct 3rd
Auto-parts maker Linamar says GM’s U.S. strike costing $1-million a day; shares drop The Globe and MailLinamar tumbles after warning about impact of GM strike BNNBloomberg.caLinamar shares tumble after warning about impact of GM strike on earnings Yahoo Canada Fina.... More »
Toyota invests $1 billion in artificial intelligence in Silicon Valley US to lead in robotics + MORE Nov 6th
TOKYO – Toyota is investing $1 billion in a research company it’s setting up in Silicon Valley to develop artificial intelligence and robotics, underlining the Japanese automaker’s determination to lead in futuristic cars that drive themselves and apply the technology to other area.... More »
How to invest in stocks, mutual funds and ETFs + MORE Aug 21st
M A K I N G B A N K
The joy you’ll feel after reading this. (Shutterstock)
There’s an absolute mess of information out there (as in, on the Internet) that explains in big words and complicated acronyms explaining the financial footwork of investing. What should I look for when buyi.... More »
BlackBerry Touts Cash Hoard, but How Long Can it Last?
– blogs.wsj.com
BlackBerry says its balance sheet remains strong with $2.6 billion in cash and no debt, but amid mounting losses, that financial cushion is quickly shrinking.
The British government said Friday that Royal Mail will be valued at up to 3.3 billion pounds ($5.3 billion US) when it sells a majority stake in the 500-year-old service next month.
Russia’s state-owned Rosneft to buy out minority shareholders in oil firm TNK-BP
– canadianbusiness.com
MOSCOW – The chief executive of Russian state-owned oil giant Rosneft pledged on Friday to offer to buy out minority shareholders in oil firm TNK-BP.
TNK-BP, Russia’s third-largest oil company, was taken over by Rosneft last year. Since the deal, international minority investors holding some 5 per cent in TNK-BP have been left in limbo and unable to find other buyers for their stakes.
The value of the investors’ shares have halved since Rosneft agreed to buy the company from a group of Russian billionaires and British company BP. Foreign investors have been citing the case of the TNK-BP investors as an example of bad corporate governance in Russia.
Speaking at an investment conference in Sochi on Friday, Prime Minister Dmitry Medvedev floated the idea of a buy-out, saying in televised remarks that it “would improve the investment climate in the case of this company.”
Rosneft CEO Igor Sechin, who was on stage one seat away from Medvedev, agreed with the suggestion, although he noted that Rosneft “had no legal obligations” to buy out the minority shareholders…
TNK-BP, Russia’s third-largest oil company, was taken over by Rosneft last year. Since the deal, international minority investors holding some 5 per cent in TNK-BP have been left in limbo and unable to find other buyers for their stakes.
The value of the investors’ shares have halved since Rosneft agreed to buy the company from a group of Russian billionaires and British company BP. Foreign investors have been citing the case of the TNK-BP investors as an example of bad corporate governance in Russia.
Speaking at an investment conference in Sochi on Friday, Prime Minister Dmitry Medvedev floated the idea of a buy-out, saying in televised remarks that it “would improve the investment climate in the case of this company.”
Rosneft CEO Igor Sechin, who was on stage one seat away from Medvedev, agreed with the suggestion, although he noted that Rosneft “had no legal obligations” to buy out the minority shareholders…
How BlackBerry lost World War Z – The Globe and Mail
– news.google.ca
Vancouver SunHow BlackBerry lost World War ZThe Globe and MailLooking at BlackBerry Ltd.'s financial results today gives you a sense of just where things stand with the device that had been its great hope in the war for the consumer. BlackBerry posted a second-quarter loss of $965-million (U.S.), or $1.84 a share, …BlackBerry posts US$965-million Q2 loss, revenue plunges amid weak salesCalgary HeraldBlackBerry reports Q2 loss of US$965 million; revenue plunged 49%CTV NewsBlackBerry loses $965M in 2nd quarterCBC.caBloomberg -Reuters Canada -ITWorld Canadaall 104 news articles »
5.5 year – 2.95%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-09-16. Click on the link above to get more details or apply online.
