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Most actively traded companies on the TSX + MORE Dec 15th
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (12,919.57, up 224.08 points):
Encana Corp. (TSX:ECA). Oil and gas. Down six cents, or 0.79 per cent, to $7.57 on 8.3 million shares.
First Quantum Minerals Ltd. (TSX:FM). Miner. Down 15 cents, or .... More »
When do segregated funds make sense? + MORE Dec 23rd
Q: We have $320,000 in a balanced portfolio in a LIRA. Our insurance agent wants us to transfer this money to segregated funds. I don’t think this is a wise move for us as we are close to retirement age. Am I right? And when do segregated funds make sense?
— Roger
A: You are right to be skepti.... More »
Close allies defy U.S. to join China-backed World Bank rival: reports + MORE Mar 17th
France, Germany and Italy have agreed to follow Britain’s lead and join the Asian Infrastructure Investment Bank, a major setback for Washington, the Financial Times reported
.... More »
MoneySense at the MoneyShow: The Top ETFs in Canada for 2024 and the Market Trends to Follow + MORE Jul 23rd
MoneySense is at the MoneyShow. Get your complimentary ticket to join MoneySense for the session “The Top ETFs in Canada for 2024 and the Market Trends.”
To help find promising opportunities, while avoiding more troublesome risks, joining MoneySense and 70 plus other world-class investment e.... More »
Deutsche Boerse deal last piece in LSE’s diversification game + MORE Feb 24th
Investors have rewarded the London Stock Exchange Group for its aggressive and bold diversification plan
.... More »
Apple buys back $14B US of own stock
– cbc.ca
Apple has repurchased $14 billion US of its stock in the two weeks after its first-quarter financial results and second-quarter revenue outlook disappointed investors.
Past stock drops give clues, comfort to current woes
– thestar.com
A look back at some Wall Street selloffs since the bull market began in March 2009 offers clues and some comfort to worried investors.90 days – 3.00%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-01-06. Click on the link above to get more details or apply online.
Fitch downgrades Ukraine’s credit rating as political protests put financial stability at risk
– canadianbusiness.com
LONDON – A major ratings agency has slashed Ukraine’s credit grade amid concerns that the political turmoil afflicting the country will threaten the public finances.
Ukraine has seen popular protests for over two months since the government’s decision to reject closer ties with the European Union in favour of Russia.
Russia has promised Ukraine $15 billion in aid, but has disbursed only $3 billion as it waits to see whether Ukraine’s president stays in power.
Citing concern that Russia might pull its support, Fitch cut Ukraine’s credit rating from B- to CCC, its lowest grade for a country not defaulting on its debt.
Fitch said it “no longer” assumes that Russia will deliver in full, and noted that Ukraine can no longer raise money on its own in bond markets.
The post Fitch downgrades Ukraine’s credit rating as political protests put financial stability at risk appeared first on Canadian Business.
Ukraine has seen popular protests for over two months since the government’s decision to reject closer ties with the European Union in favour of Russia.
Russia has promised Ukraine $15 billion in aid, but has disbursed only $3 billion as it waits to see whether Ukraine’s president stays in power.
Citing concern that Russia might pull its support, Fitch cut Ukraine’s credit rating from B- to CCC, its lowest grade for a country not defaulting on its debt.
Fitch said it “no longer” assumes that Russia will deliver in full, and noted that Ukraine can no longer raise money on its own in bond markets.
The post Fitch downgrades Ukraine’s credit rating as political protests put financial stability at risk appeared first on Canadian Business.
Stock Pick: Think twice before bailing out of Twitter (TWTR)
– canadianbusiness.com
Minutes after Twitter’s (NYSE: TWTR) executives revealed the company’s third quarter numbers on February 5, this once-hot stock’s price tanked. It swiftly dropped by about 8% in after hours trading and by Friday morning it was down nearly 20%. Whoever’s holding on to the company is probably panicking, but you may not want to ditch this stock just yet.First the good news: It’s $242 million in revenues beat consensus estimates by about $22 million and it made a whopping 116% more than it did the year before. Adjusted EBITDA of $44.7 million also beat estimates and earnings per share of $0.02 were above expectations as well. The company also revealed that 75% of its ad revenue comes from the all-important mobile channel, which is important.
There was one big negative, though, and it’s the reason why many people are panicking. No, it’s not the $645 million net loss it incurred in 2013, which analysts expected. It’s the slowing user growth. Twitter revealed that its number of monthly active users hit 241 million in Q4, which is up about 4% since the Q3…
