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90 days - 1.75% + MORE Dec 22nd
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..... More »
Is taking on debt always bad? Or is there such a thing as ‘good debt’? Sep 5th
Not all debt is bad. Good debt is when you borrow money to buy assets that tend to increase in value over time, which can help build wealth..... More »
Frankfurt WW II bomb defusal delayed as some people refuse to leave evacuation zone - CBC.ca Sep 3rd
CBC.caFrankfurt WW II bomb defusal delayed as some people refuse to leave evacuation zoneCBC.caTen of thousands of residents of Germany's financial capital Frankfurt left their homes on Sunday ahead of the planned defusing of a massive Second World War bomb discovered on a building site. Bomb t.... More »
The best high-interest savings accounts in Canada for 2024 May 2nd
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Oil price will fall to $70 a barrel in 2015, Goldman Sachs says - CBC.ca + MORE Oct 27th
CBC.caOil price will fall to $70 a barrel in 2015, Goldman Sachs saysCBC.caOne of the world's leading investment banks says the benchmark price of North American oil is going to fall even further, to $70 US a barrel by next spring. Investment bank Goldman Sachs slashed its forecast late Sunday .... More »
Gluskin Sheff Q4 revenue, earnings soar; declares special 35-cent dividend
– canadianbusiness.com
TORONTO – Gluskin Sheff and Associates Inc. (TSX:GS) has reported a big jump in fourth-quarter revenue and earnings and declared a special 35-cent dividend on top of its regulator quarterly dividend of 20 cents per share, a payout which will also be increased in the new year.
The Toronto-based wealth management company reported Thursday after markets closed that net income was $30.4 million or $1.02 per diluted share on total revenue of $78.6 million in the three months ended June 30.
That was more than double the $12 million or 41 cents per share on revenue of $31 million it earned in the comparable 2013 period.
Revenue in the latest period included base management fees of some $23.8 million, performance fees of $54.1 million and $727,000 of other income.
The special dividend relates to performance fees earned in the six months ended June 30 net of related bonus expense and income tax, less the cash requirements related to the acquisition of Blair Franklin Asset Management, the company said…
The Toronto-based wealth management company reported Thursday after markets closed that net income was $30.4 million or $1.02 per diluted share on total revenue of $78.6 million in the three months ended June 30.
That was more than double the $12 million or 41 cents per share on revenue of $31 million it earned in the comparable 2013 period.
Revenue in the latest period included base management fees of some $23.8 million, performance fees of $54.1 million and $727,000 of other income.
The special dividend relates to performance fees earned in the six months ended June 30 net of related bonus expense and income tax, less the cash requirements related to the acquisition of Blair Franklin Asset Management, the company said…
Chinese e-commerce company Alibaba will price its shares at $68 US when it lists on the New York Stock Exchange Friday, valuing the firm at $168 billion.
Alibaba raises US$21.8B in IPO
– canoe.ca
Alibaba Group Holding priced its initial public offering at US$68 a share, the top end of the expected range, raising $21.8 billion on Thursday.
Should you invest in Alibaba? And 9 other questions about the world's biggest IPO – Washington Post
– news.google.ca
Economic TimesShould you invest in Alibaba? And 9 other questions about the world's biggest IPOWashington PostIn the late 1990s, a 34-year-old Chinese schoolteacher named Jack Ma, working from his cramped apartment, unveiled a small, colorful, chaotic Web service he named after an old folk tale. Fifteen years later, that company, Alibaba, has become the world's …Tops in E-Commerce, Alibaba Is Now Taking On China's BanksNew York TimesAlibaba founder Jack Ma's road to the topSydney Morning HeraldAlibaba's record-breaking IPO priced at 68 dollarsXinhuaFinancial Times -Bloomberg -Times of Indiaall 1,092 news articles »
U.S. household wealth hits record high
– thestar.com
Stock market, real estate gains push net worth to $81.5 trillion
