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Is China’s economy slowing down? Jun 17th
Shanghai, China, 2010.
China has been an economic powerhouse for decades and a massive driver of growth and sources of investment around the world. However, as one of the world’s largest economies, it appears to be slowing as it matures.
There are a variety of signs and potential reasons. Trade te.... More »
Spanish rival launches 2nd takeover bid for Portuguese bank + MORE Apr 18th
LISBON, Portugal – Spain’s Caixabank is making its second attempt in just over a year to take control of Banco Portugues do Investimento, launching a crossborder takeover bid that values the Portuguese bank at 1.62 billion euros ($1.83 billion).
Caixabank, S.A., which is the Portuguese b.... More »
Canadian cannabis company Hexo announces third deal of 2021, the purchase of Redecan for C$925 million in cash and stock - MarketWatch May 28th
Canadian cannabis company Hexo announces third deal of 2021, the purchase of Redecan for C$925 million in cash and stock MarketWatchHexo buying Redecan for $925M in play for Canadian pot dominance - Article - BNN BNNHEXO Corp announces acquisition of Redecan to create Canadian .... More »
Hydro One IPO to offer 81 million shares at $19 to $21 each + MORE Oct 9th
The Ontario government plans to sell more than 81 million shares at a price of $19 to $21 a share in its public offering of Hydro One later this year..... More »
The 7 best low-interest credit cards in Canada for August 2023 + MORE Aug 5th
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Equinix, SL Green Realty and Hanesbrands added to S&P 500, among slew of changes
– canadianbusiness.com
NEW YORK, N.Y. – S&P Dow Jones Indices says it has made a slew of changes to its stock market gauges. The changes are designed primarily to make the individual stocks in each index better represent the index’s specific size criteria.
Among the changes, Avon Products Inc. will drop out of the benchmark S&P 500 index and join the MidCap 400 index, swapping places with Hanesbrands Inc.
Equinix Inc. and SL Green Realty Corp. will also join the S&P 500, replacing Denbury Resources Inc. and Nabors Industries Ltd., which are joining the MidCap 400.
CareFusion Corp., which is being acquired, will be removed from the S&P 500. Henry Schein Inc. will take its place.
The changes are expected to occur within the next week.
The post Equinix, SL Green Realty and Hanesbrands added to S&P 500, among slew of changes appeared first on Canadian Business.
Among the changes, Avon Products Inc. will drop out of the benchmark S&P 500 index and join the MidCap 400 index, swapping places with Hanesbrands Inc.
Equinix Inc. and SL Green Realty Corp. will also join the S&P 500, replacing Denbury Resources Inc. and Nabors Industries Ltd., which are joining the MidCap 400.
CareFusion Corp., which is being acquired, will be removed from the S&P 500. Henry Schein Inc. will take its place.
The changes are expected to occur within the next week.
The post Equinix, SL Green Realty and Hanesbrands added to S&P 500, among slew of changes appeared first on Canadian Business.
Aeropostale, Herbalife, Ann and Sears Hometown are big market movers
– canadianbusiness.com
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Aeropostale Inc., down 64 cents to $3.06
The teen clothing retailer reported mixed fourth-quarter results and provided a weak first-quarter outlook.
Herbalife Ltd., up $2.71 to $35.96
The supplements supplier said it is confident in its business model amid reports that authorities are looking into the possible manipulation of its stock.
Ann Inc., up $3.02 to $40.45
The women’s apparel retailer reported better-than-expected fourth-quarter results and a solid outlook.
Lumber Liquidators Holdings Inc., down $5.53 to $30.55
The company’s chairman said the retailer has no plans to stop selling laminate flooring made in China, despite a “60 Minutes” report that raised safety concerns.
Nasdaq
Sears Hometown and Outlet Stores Inc., down $3.88 to $9.12
The appliance, hardware and tool retailer reported a fourth-quarter loss on lower revenue and a decline in sales at stores open at least a year…
NYSE
Aeropostale Inc., down 64 cents to $3.06
The teen clothing retailer reported mixed fourth-quarter results and provided a weak first-quarter outlook.
Herbalife Ltd., up $2.71 to $35.96
The supplements supplier said it is confident in its business model amid reports that authorities are looking into the possible manipulation of its stock.
Ann Inc., up $3.02 to $40.45
The women’s apparel retailer reported better-than-expected fourth-quarter results and a solid outlook.
Lumber Liquidators Holdings Inc., down $5.53 to $30.55
The company’s chairman said the retailer has no plans to stop selling laminate flooring made in China, despite a “60 Minutes” report that raised safety concerns.
Nasdaq
Sears Hometown and Outlet Stores Inc., down $3.88 to $9.12
The appliance, hardware and tool retailer reported a fourth-quarter loss on lower revenue and a decline in sales at stores open at least a year…
60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.
Former Xstrata boss Mick Davis a slimmer, trimmer predator
– theglobeandmail.com
After dropping more than 100 pounds and unloading his mining giant Xstrata to Glencore, the deal maker is on the hunt for assets with X2 Resources
4.5 year – 2.50%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-13. Click on the link above to get more details or apply online.
