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3 regional Indigenous tourism boards separate from ITAC amid ongoing financial concerns - CBC May 15th
3 regional Indigenous tourism boards separate from ITAC amid ongoing financial concerns CBC.... More »
Disney earnings: Results show profit, stock falls 2% + MORE Aug 8th
Disney returned to a profitable third quarter as its combined streaming business started making money for the first time, along with a very strong showing in theatres for the movie Inside Out 2.
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25 money movies (that actually stream in Canada) + MORE Dec 11th
Filmmakers in Hollywood and Hollywood North have yielded dozens of memorable money-themed movies in recent history, exploring everything from capitalism and corporate hijinks to meme stocks and the 2008 financial crisis. From side-splitting comedies to jaw-dropping documentaries, you’ll find plent.... More »
How much are trading fees? Nov 25th
Individual stock trading has exploded during the pandemic with the rise of meme stocks, investing FOMO and free trading platforms. New investors poured money into stocks looking to make a quick buck, and in most cases the markets obliged.
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Toronto home prices not expected to bounce back till 2022 - Toronto Star Jun 23rd
Toronto home prices not expected to bounce back till 2022 Toronto StarHere's how CMHC thinks COVID-19 will impact Vancouver's real estate market CTV NewsCMHC expects uneven and uncertain recovery in country's housing market Yahoo Canada FinanceHousing market recovery.... More »
A Tax Reform for Growth
– online.wsj.com
The GOP bill will spur investment and make the U.S. more competitive.Linamar stock has best day in weeks in wake $1.2 billion of MacDon deal
– canadianbusiness.com
GUELPH, Ont. _ Linamar Corp. stock was up about 10 per cent at midday, following its agreement to buy Winnipeg-based agriculture equipment maker MacDon Industries Ltd. for $1.2 billion.
Shares of the Guelph, Ont.-based auto parts company (TSX:LNR) were at $72.01 at about noon, up $6.99 from Thursday’s close.
It’s Linamar’s best day on the market since Nov. 7, when it reported a drop in third-quarter earnings compared with a year ago and missed analyst estimates.
The MacDon deal will allow Linamar to further diversity its operations, which make precision metallic parts for a range of sectors including automobiles.
Linamar says the acquisition will also complement its existing agricultural harvesting business in Hungary.
CIBC analyst Todd Coupland says that agricultural equipment businesses generally trade at higher valuations than auto parts suppliers.
CIBC also estimates MacDon will add about 70 cents per share of earnings to its 2018 estimate for Linamar.
The company has 59 manufacturing facilities globally and about 24,500 employees…
Shares of the Guelph, Ont.-based auto parts company (TSX:LNR) were at $72.01 at about noon, up $6.99 from Thursday’s close.
It’s Linamar’s best day on the market since Nov. 7, when it reported a drop in third-quarter earnings compared with a year ago and missed analyst estimates.
The MacDon deal will allow Linamar to further diversity its operations, which make precision metallic parts for a range of sectors including automobiles.
Linamar says the acquisition will also complement its existing agricultural harvesting business in Hungary.
CIBC analyst Todd Coupland says that agricultural equipment businesses generally trade at higher valuations than auto parts suppliers.
CIBC also estimates MacDon will add about 70 cents per share of earnings to its 2018 estimate for Linamar.
The company has 59 manufacturing facilities globally and about 24,500 employees…
Toronto stock index shows moderate gain in broad based advance, loonie down
– canadianbusiness.com
TORONTO _ Canada’s main stock index moved forward today in a broad-based advance, while those on Wall Street closed at record highs.
The Toronto Stock Exchange’s S&P/TSX composite index gained 25.52 points to 16,041.98, led by a double-digit jump in the worth of Linamar Corp.’s shares.
Linamar (TSX:LNR) stock rose 11.50 per cent or $7.48 to $72.50 as the company announced it would buy Winnipeg-based agriculture equipment maker MacDon Industries Ltd. for $1.2 billion. The deal will allow the company to further diversity its operations and resulted in its best day on the market since Nov. 7.
In New York, the three major indices all reached new highs as investor confidence grew that the U.S. President Donald Trump’s tax bill was making progress in Congress. Potential hold out Senator Marco Rubio signalled he now intends to support the bill, which boosted the likelihood it could pass.
The Dow Jones industrial average advanced 143.08 points to 24,651.74, the S&P 500 index rose 23…
The Toronto Stock Exchange’s S&P/TSX composite index gained 25.52 points to 16,041.98, led by a double-digit jump in the worth of Linamar Corp.’s shares.
Linamar (TSX:LNR) stock rose 11.50 per cent or $7.48 to $72.50 as the company announced it would buy Winnipeg-based agriculture equipment maker MacDon Industries Ltd. for $1.2 billion. The deal will allow the company to further diversity its operations and resulted in its best day on the market since Nov. 7.
In New York, the three major indices all reached new highs as investor confidence grew that the U.S. President Donald Trump’s tax bill was making progress in Congress. Potential hold out Senator Marco Rubio signalled he now intends to support the bill, which boosted the likelihood it could pass.
The Dow Jones industrial average advanced 143.08 points to 24,651.74, the S&P 500 index rose 23…
Canadian regulators look to curb misleading financial results
– theglobeandmail.com
Move is meant to decrease the number of companies using non-GAAP results to persuade analysts, investors of high earnings
Canadian exporters feel pessimistic on NAFTA uncertainty, seeking new solutions
– canadianbusiness.com
TORONTO _ Nearly one-quarter of Canadian exporters believe they are negatively affected by looming NAFTA renegotiation uncertainty and are turning to creative solutions to succeed even if the free trade agreement fails, according to a poll by Export Development Canada.
The federal agency supporting export-oriented companies reported Friday that among the 23 per cent of firms surveyed that said they were negatively affected, several are contemplating strategies including moving operations south of the border, diversifying away from the U.S. or delaying investment or hiring.
Canada and the United States both expressed their hope in late summer that a new North American Free Trade Agreement agreement could be reached by year-end, but tense and combative discussions have necessitated extending negotiations to a March 2018 deadline.
However, Scotiabank economists believe even the March deadline is unlikely given that NAFTA negotiations have stumbled on several major U.S. demands, including a new requirement to increase U…
The federal agency supporting export-oriented companies reported Friday that among the 23 per cent of firms surveyed that said they were negatively affected, several are contemplating strategies including moving operations south of the border, diversifying away from the U.S. or delaying investment or hiring.
Canada and the United States both expressed their hope in late summer that a new North American Free Trade Agreement agreement could be reached by year-end, but tense and combative discussions have necessitated extending negotiations to a March 2018 deadline.
However, Scotiabank economists believe even the March deadline is unlikely given that NAFTA negotiations have stumbled on several major U.S. demands, including a new requirement to increase U…
