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BlackBerry reports $148M US loss in 3rd quarter on lower revenue - CBC.ca + MORE Dec 19th
CBC.caBlackBerry reports $148M US loss in 3rd quarter on lower revenueCBC.caBlackBerry narrowed its net loss to $148 million US in its third quarter and did better with adjusted earnings than expected, but ultimately missed expectations with lower revenue on fewer smartphone sales. Early Friday, the.... More »
What are the risks of trading crypto? + MORE Apr 20th
Thinking about getting into crypto? Bitcoin, ethereum and their multitude of smaller competitors have created a new world of investment opportunities. No doubt, the crypto economy is exciting, but proceed with caution. Cryptocurrencies are still considered highly speculative, and not only because of.... More »
Should retirees consider a home equity sharing agreement (HESA)? Jan 30th
Toronto-based Clay Financial recently began accepting applications for a new home equity product called a home equity sharing agreement, or HESA—not to be confused with the HISA, which stands for high-interest savings account.
Clay raised seed funding in 2023 and is initially launching the prod.... More »
June 2017 Dividend Income Update + MORE Jul 18th
Save, invest, prosper with My Own Advisor.
June 2017 Dividend Income Update Welcome to my latest dividend income update. For those of you new to these posts on my site, every month I discuss my approach to investing using Canadian dividend paying stocks and Exchange Traded Funds (ETFs), and how .... More »
Justin Trudeau appoints Richard Wagner next Supreme Court chief justice + MORE Dec 12th
Daniel Sabourin/Laforest et Sabourin
OTTAWA — Prime Minister Justin Trudeau has appointed Justice Richard Wagner to be the next chief justice of the Supreme Court of Canada.
Wagner was born in Montreal and earned a law degree from the University of Ottawa in 1979.
He practised law for more than 20.... More »
60 days – 1.55%
– 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.
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.
King Digital sets IPO range at $21 to $24 per share, seeing potential for $613M cash raise
– canadianbusiness.com
NEW YORK, N.Y. – The company behind the addictive blockbuster game “Candy Crush Saga” believes it could raise nearly $613 million in an initial public offering.
In a regulatory filing Wednesday, King Digital Entertainment PLC said it plans to sell 15.3 million shares in the offering. Existing shareholders will sell an additional 6.7 million shares.
“Candy Crush” was the most downloaded free app on iPhones and iPads in 2013, beating Facebook, Google Maps and YouTube.
The shares are expected to be priced between $21 and $24, for a total of between $466.2 million and $532.8 million. Underwriters have the option of buying up to an additional 3.3 million shares. That could raise an additional $69.9 million to $79.9 million.
Shares would be listed on the New York Stock Exchange under the symbol “KING.”
The post King Digital sets IPO range at $21 to $24 per share, seeing potential for $613M cash raise appeared first on Canadian Business.
In a regulatory filing Wednesday, King Digital Entertainment PLC said it plans to sell 15.3 million shares in the offering. Existing shareholders will sell an additional 6.7 million shares.
“Candy Crush” was the most downloaded free app on iPhones and iPads in 2013, beating Facebook, Google Maps and YouTube.
The shares are expected to be priced between $21 and $24, for a total of between $466.2 million and $532.8 million. Underwriters have the option of buying up to an additional 3.3 million shares. That could raise an additional $69.9 million to $79.9 million.
Shares would be listed on the New York Stock Exchange under the symbol “KING.”
The post King Digital sets IPO range at $21 to $24 per share, seeing potential for $613M cash raise appeared first on Canadian Business.
Swiss open money laundering probe of Uzbek president’s eldest daughter
– canadianbusiness.com
GENEVA – Switzerland’s attorney general’s office says it has opened a money laundering investigation against the eldest daughter of Uzbekistan’s authoritarian president, Islam Karimov.
The office says its investigations into Gulnara Karimova, a glamorous and wealthy diplomat, pop singer and businesswoman, have also triggered new leads abroad, particularly in Sweden and France.
Swiss prosecutors said in the statement Wednesday they opened a criminal investigation in July 2012 initially directed against four Uzbek nationals in contact with the president’s daughter, leading to the arrest of two of them in the summer of 2012 in Geneva and their subsequent release on bail in the fall.
The office says the alleged money laundering relates to the telecommunications market in Uzbekistan and seized Swiss assets in excess of 800 million Swiss francs.
The post Swiss open money laundering probe of Uzbek president’s eldest daughter appeared first on Canadian Business.
The office says its investigations into Gulnara Karimova, a glamorous and wealthy diplomat, pop singer and businesswoman, have also triggered new leads abroad, particularly in Sweden and France.
Swiss prosecutors said in the statement Wednesday they opened a criminal investigation in July 2012 initially directed against four Uzbek nationals in contact with the president’s daughter, leading to the arrest of two of them in the summer of 2012 in Geneva and their subsequent release on bail in the fall.
The office says the alleged money laundering relates to the telecommunications market in Uzbekistan and seized Swiss assets in excess of 800 million Swiss francs.
The post Swiss open money laundering probe of Uzbek president’s eldest daughter appeared first on Canadian Business.
Candy Crush Saga maker seeks $7.6-billion valuation from IPO
– theglobeandmail.com
Owner King Ditigal said it expects to price its U.S. initial public offering at between $21 and $24 per share
