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Adam Chapman financial advisor Aug 9th
Meet Adam Chapman
Adam Chapman jokes that he’s a financial planner who helps people spend money—not save it. And, thanks to his love for afternoon tea, Chapman has worked with people from generations older than him for nearly 20 years. No matter how much wealth his clients have achieved befor.... More »
Big banks defend their records to MPs amid allegations of questionable practices + MORE Jun 12th
Federal MPs are hearing from Canada’s big banks as a parliamentary committee explores allegations of questionable sales practices at major financial institutions.
The committee launched the hearings following media reports citing unnamed employees at some banks who allege they were pressured t.... More »
Should I favour dividend ETFs? + MORE Nov 24th
Mike wants to know whether dividend-focused ETFs are a good choice for retirees [MoneySense].... More »
With thousands of N.W.T. evacuees in Alberta, local experts fear impact of toxic drug crisis - CBC News Aug 21st
With thousands of N.W.T. evacuees in Alberta, local experts fear impact of toxic drug crisis CBC NewsB.C. travel restrictions for Okanagan area due to wildfires: province CityNewsWhere N.W.T. evacuees can get financial support CBC.caUnited Way NWT distributes $715K t.... More »
Price of admission: The true cost of running for election + MORE Oct 3rd
Sandra Arias.
A federal campaign has rolled into its ninth full week for its first time since the 1970s, en route to the longest campaign since the 1870s. A multi-partisan array of candidates have quit or been pushed out because their past remarks or actions spurred micro-tempests for parties that d.... More »
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.
Agrium reports 26% decline in Q3 net profit; raises quarterly dividend 4%
– canadianbusiness.com
CALGARY – Agrium Inc. (TSX:AGU) is increasing its quarterly dividend four per cent despite reporting a 26 per cent decline in third-quarter net earnings.
The Calgary-based global producer and marketer of fertilizer says net earnings fell to US$50 million or 35 cents per diluted share from US$76 million or 52 cents per share in the comparable 2013 period
Revenue rose four per cent to US$2.92 billion from $2.796 billion.
The latest results included pre-tax share-based payments expenses and net losses on foreign exchange and derivative positions of US$31 million, as well as a one-time recognition of a previously unrecognized tax benefit of $29-million.
Agrium’s 2014 third quarter net earnings from continuing operations were US$91 million or 63 cents per diluted per share, up from $80-million 54 cents in the same 2013 quarter.
“Agrium’s business once again proved resilient delivering solid results this quarter despite challenging agricultural market conditions,” president and CEO Chuck Magro said, noting that “near perfect growing conditions across the U…
The Calgary-based global producer and marketer of fertilizer says net earnings fell to US$50 million or 35 cents per diluted share from US$76 million or 52 cents per share in the comparable 2013 period
Revenue rose four per cent to US$2.92 billion from $2.796 billion.
The latest results included pre-tax share-based payments expenses and net losses on foreign exchange and derivative positions of US$31 million, as well as a one-time recognition of a previously unrecognized tax benefit of $29-million.
Agrium’s 2014 third quarter net earnings from continuing operations were US$91 million or 63 cents per diluted per share, up from $80-million 54 cents in the same 2013 quarter.
“Agrium’s business once again proved resilient delivering solid results this quarter despite challenging agricultural market conditions,” president and CEO Chuck Magro said, noting that “near perfect growing conditions across the U…
Luxury automaker BMW sees net profit ease 1.2 per cent in Q3, affirms outlook
– canadianbusiness.com
FRANKFURT – Germany’s luxury automaker BMW AG saw net profit slip 1.2 per cent in the third quarter as the bottom line was hurt by non-cash losses on foreign currency hedges and the reduced value of a stake in a key supplier.
The company otherwise had a good quarter, helped by surging sales of the company’s big, expensive X5 sport-utility made in Spartanburg, South Carolina. Other measures of earnings rose and the company on Tuesday affirmed its forecast for increased profits this year.
Its shares rose 0.8 per cent to 84.55 euros.
Net profit of 1.31 billion euros ($1.64 billion) for the third quarter ending Sept. 30 fell short of analyst expectations for 1.36 billion euros, as compiled by financial information company FactSet.
But operating earnings — which exclude financial items like the stake revaluation and the currency hedges — rose 9.7 per cent, excluding interest and taxes. Revenues rose 4.5 per cent to 19.6 billion, as the company sold 509,669 cars worldwide, an increase of 5…
The company otherwise had a good quarter, helped by surging sales of the company’s big, expensive X5 sport-utility made in Spartanburg, South Carolina. Other measures of earnings rose and the company on Tuesday affirmed its forecast for increased profits this year.
Its shares rose 0.8 per cent to 84.55 euros.
Net profit of 1.31 billion euros ($1.64 billion) for the third quarter ending Sept. 30 fell short of analyst expectations for 1.36 billion euros, as compiled by financial information company FactSet.
But operating earnings — which exclude financial items like the stake revaluation and the currency hedges — rose 9.7 per cent, excluding interest and taxes. Revenues rose 4.5 per cent to 19.6 billion, as the company sold 509,669 cars worldwide, an increase of 5…
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.
Japanese telecom Softbank’s July-September profit jumps despite costs for Sprint layoffs
– canadianbusiness.com
TOKYO – Softbank’s quarterly profit nearly tripled as gains from the IPO of Chinese e-commerce company Alibaba offset losses at U.S. mobile carrier Sprint.
The Japanese telecommunications and Internet-services company reported Tuesday a fiscal second quarter profit of 483.1 billion yen ($4.3 billion), up from 165.8 billion yen a year earlier. Quarterly sales surged 23 per cent to 2.11 trillion yen ($18.7 billion).
Softbank, the first to sell the iPhone in Japan, has widespread global investments including Chinese e-commerce company Alibaba, which listed in New York earlier this year after a record-busting stock sale. Softbank said it gained 599 billion yen ($5 billion) from the listing.
One sore spot is Sprint, which Softbank bought a majority stake in earlier this year. It said costs from layoffs at Sprint will total 17 billion yen ($150 million). Sprint is eliminating 2,000 jobs, or about 5 per cent of its staff, to cut $1.5 billion in annual spending.
Overland Park, Kansas-based Sprint, which announced a separate round of job cuts in early October, reported a $765 million loss for the quarter…
The Japanese telecommunications and Internet-services company reported Tuesday a fiscal second quarter profit of 483.1 billion yen ($4.3 billion), up from 165.8 billion yen a year earlier. Quarterly sales surged 23 per cent to 2.11 trillion yen ($18.7 billion).
Softbank, the first to sell the iPhone in Japan, has widespread global investments including Chinese e-commerce company Alibaba, which listed in New York earlier this year after a record-busting stock sale. Softbank said it gained 599 billion yen ($5 billion) from the listing.
One sore spot is Sprint, which Softbank bought a majority stake in earlier this year. It said costs from layoffs at Sprint will total 17 billion yen ($150 million). Sprint is eliminating 2,000 jobs, or about 5 per cent of its staff, to cut $1.5 billion in annual spending.
Overland Park, Kansas-based Sprint, which announced a separate round of job cuts in early October, reported a $765 million loss for the quarter…
