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Nintendo shares slump as price hikes, games shortfall spook market - BNN Bloomberg May 11th
Nintendo shares slump as price hikes, games shortfall spook market BNN BloombergNintendo hiking price for Switch 2 consoles CBCNintendo plunges 8% after Switch 2 price hike and weak sales forecast CNBCAssessing Nintendo (TSE:7974) Valuation After Strong Earnings, Sof.... More »
Best robo-advisors in Canada for 2024 Feb 8th
This being 2024, robo-advisors have now been part of Canada’s investment landscape for a decade. They’re not some newfangled fad. They’ve been tested by market cycles as well as competition from even simpler, lower-cost options like all-in-one exchange-traded funds (ETFs). Robos are still incr.... More »
A Wave of Start-ups Are Disrupting the $2-Billion Funeral Industry Feb 23rd
Like many tech-savvy Millennials, Mallory Greene always knew she wanted to launch her own start-up. She mulled over ideas and options while building up her resumé at the investment company Wealthsimple, where she was the head of corporate social responsibility. For several years, she just had no id.... More »
Eldorado backs down on threat to halt Greek investment, for now + MORE Sep 21st
The company says talks with government are ‘constructive’
.... More »
RioCan to step up investment in urban properties: CEO + MORE Sep 22nd
RioCan owns about 300 properties across Canada
.... More »
RBC reports RRSP receipt mix-up for some clients
– theglobeandmail.com
The bank said that it is in the process of reaching out to affected clients and providing them with corrected receipts, as well giving them additional security monitoring at no charge
SEC reaches settlement with QED Benchmark and Toronto hedge fund manager
– theglobeandmail.com
Peter Kuperman, who invested all of his fund’s assets in a single illiquid penny stock, has reached a settlement with the U.S. Securities and Exchange Commission to reimburse investors for almost $2.9-million (U.S.) in losses
Bombardier shares were reduced to penny-stock status for the first time since 1991 on Wednesday as the plane and train maker continues to have trouble selling its next generation of aircraft.
Get a crash course in money for millennials
– moneysense.ca
If you have a millennial in your life, you may already know they’re lacking in financial know-how, but few of us are able to offer any advice they can actually relate to. That’s why Shannon Lee Simmons, a certified financial planner and chartered investment manager, founded the New School of Finance.Her fee-only financial planning firm is geared toward giving millennials the tools they need to take charge of their finances, with online courses on topics like “Can you afford to buy a home?” and “Don’t get effed at tax time.” Each course costs between $97 and $147 and comes with planning tools and the guidance necessary to ensure clients actually use the resources correctly. But the real value comes from Simmons’ straight-talking personality, and her ability to tailor time-tested financial concepts for a young, urban clientele that may not share the same financial goals as their parents. (Case in point: Her @therealselfies Instagram account shows the actual cost of living large on social media…
Under Armour and Facebook climb while Abbott and eBay slide
– canadianbusiness.com
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq stock market:
NYSE
Under Armour Inc., up $15.49 to $84.07
The sports apparel maker surged after its fourth-quarter results surpassed Wall Street estimates.
PayPal Holdings Inc., up $2.65 to $34.24
The online payment company climbed following a strong quarterly report.
Caterpillar Inc., up $2.76 to $61.08
The heavy machinery maker’s results beat estimates.
Stanley Black & Decker Inc., down $4.30 to $91.82
The tool company reported disappointing quarterly sales.
Abbott Laboratories, down $3.76 to $36.71
The maker of infant formula, medical devices and drugs issued a profit outlook that disappointed investors.
Nasdaq
Facebook Inc., up $14.66 to $109.11
The social network’s quarterly profit more than doubled. Its user ranks rose 46 million to 1.59 billion.
eBay Inc., down $3.29 to $23.13
The online marketplace offered weak forecasts for the current quarter and the full year…
NYSE
Under Armour Inc., up $15.49 to $84.07
The sports apparel maker surged after its fourth-quarter results surpassed Wall Street estimates.
PayPal Holdings Inc., up $2.65 to $34.24
The online payment company climbed following a strong quarterly report.
Caterpillar Inc., up $2.76 to $61.08
The heavy machinery maker’s results beat estimates.
Stanley Black & Decker Inc., down $4.30 to $91.82
The tool company reported disappointing quarterly sales.
Abbott Laboratories, down $3.76 to $36.71
The maker of infant formula, medical devices and drugs issued a profit outlook that disappointed investors.
Nasdaq
Facebook Inc., up $14.66 to $109.11
The social network’s quarterly profit more than doubled. Its user ranks rose 46 million to 1.59 billion.
eBay Inc., down $3.29 to $23.13
The online marketplace offered weak forecasts for the current quarter and the full year…
