How to go about securing the best return for your investment in Canada.
Latest News
U.S. Commerce Secretary Wilbur Ross denies any wrongdoing in shorting stock Jun 20th
Commerce Secretary Wilbur Ross made a trade betting that the stock in a shipping company with Russian-government ties would fall, a transaction coming just days after he learned of a possible negative news story about his investment in the company..... More »
Stock market news for Canadian investors: Loblaw, Walmart and more Feb 21st
Companies that reported earnings this week
Gildan
Loblaw
Walmart
Gildan Activewear reports $132.3M Q4 profit, raises dividend 10%
Source: Google
Gildan (TSE: GIL)
(All figures in U.S. dollars.)
Q4 profit: $132.3 million or 86 cents per diluted share, down from $153.3 mill.... More »
Winning portfolios don’t have be volatile + MORE May 8th
In today’s investing world, there is no shortage of criteria to choose from when picking a stock. Investors can select to build portfolios based on a variety of factors from growth to momentum, or management quality to industry competitiveness. In particular, dividend portfolios are one type you m.... More »
Is building an emergency fund more important than other financial goals? Jun 1st
Q. I am 51, single and have no dependents, with many working years ahead of me. I earn about $70,000 annually at my tech job. Due to life circumstances, my finances are not in the best shape.
I have $6,000 in emergency fund savings in a high-interest savings account, $16,000 in an RRSP ($70,000 cont.... More »
Ottawa gets it right on funding for disaster mitigation + MORE May 1st
The $2-billion investment is designed to reduce the almost $9-billion spent by the federal government in unbudgeted disaster relief expenditures from 2005 projected through 2020.
.... More »
TSX to decline further as oil falls below US$55, Repsol makes pitch for Talisman
– canadianbusiness.com
TORONTO – The Toronto stock market was set for a sharply lower open as the slide in oil prices intensified amid weak Chinese manufacturing data and a desperate move by Russia’s central bank to halt the plunge in the ruble.
Traders also took in major dealmaking in the oil industry that will see Spanish energy giant Repsol pay US$8.3 billion for all the shares of Talisman Energy (TSX:TLM), or US$8 per share (C$9.33). Including assumed debt, the deal values Talisman at US$13 billion. The share price is a 33 per cent premium over Monday’s closing price.
The Canadian dollar was little changed, down 0.01 of a cent to 85.78 cents US after dropping two-thirds of a U.S. cent Monday, squeezed by a greenback that strengthened ahead of Wednesday’s rate announcement by the U.S. Federal Reserve and falling prices for oil and metals.
U.S. futures were well into the red as the Dow Jones industrial futures fell 110 points to 17,015, the Nasdaq futures lost 31 points to 4,129.3 and the S&P 500 futures declined 15…
Traders also took in major dealmaking in the oil industry that will see Spanish energy giant Repsol pay US$8.3 billion for all the shares of Talisman Energy (TSX:TLM), or US$8 per share (C$9.33). Including assumed debt, the deal values Talisman at US$13 billion. The share price is a 33 per cent premium over Monday’s closing price.
The Canadian dollar was little changed, down 0.01 of a cent to 85.78 cents US after dropping two-thirds of a U.S. cent Monday, squeezed by a greenback that strengthened ahead of Wednesday’s rate announcement by the U.S. Federal Reserve and falling prices for oil and metals.
U.S. futures were well into the red as the Dow Jones industrial futures fell 110 points to 17,015, the Nasdaq futures lost 31 points to 4,129.3 and the S&P 500 futures declined 15…
60 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
Fairfax Financial expands footprint in Europe with acquisition
– theglobeandmail.com
Deal includes three Eastern European property and casualty companies
Fiat division Chrysler Group changes its name to FCA US, maintains Michigan headquarters
– canadianbusiness.com
AUBURN HILLS, Mich. – Chrysler Group LLC has changed its name to FCA US LLC, effective immediately.
The automaker said Tuesday that the name change follows the naming convention of its parent company, Fiat Chrysler Automobiles N.V., which adopted its name in October when it listed on the New York Stock Exchange.
Chrysler and its Italian owner Fiat SpA merged earlier this year. Fiat was granted management control and a 20 per cent stake in Chrysler after it emerged from bankruptcy protection in 2009. Fiat gradually raised its stake and eventually became majority owner.
The company says the name change doesn’t impact its headquarters in Auburn Hill, Michigan, its holdings, management team, board or brands.
FCA US has more than 77,000 employees worldwide and runs 36 manufacturing plants, including 23 in the U.S.
The post Fiat division Chrysler Group changes its name to FCA US, maintains Michigan headquarters appeared first on Canadian Business.
The automaker said Tuesday that the name change follows the naming convention of its parent company, Fiat Chrysler Automobiles N.V., which adopted its name in October when it listed on the New York Stock Exchange.
Chrysler and its Italian owner Fiat SpA merged earlier this year. Fiat was granted management control and a 20 per cent stake in Chrysler after it emerged from bankruptcy protection in 2009. Fiat gradually raised its stake and eventually became majority owner.
The company says the name change doesn’t impact its headquarters in Auburn Hill, Michigan, its holdings, management team, board or brands.
FCA US has more than 77,000 employees worldwide and runs 36 manufacturing plants, including 23 in the U.S.
The post Fiat division Chrysler Group changes its name to FCA US, maintains Michigan headquarters appeared first on Canadian Business.
90 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
