How to go about securing the best return for your investment in Canada.
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Building a profitable and stable portfolio + MORE Jun 26th
Investors often fixate on the latest news and hot stocks popping up in investing media. They demand to know which stocks or sectors should they should invest in next. When they do get an answer, they are often steered towards to stocks or sectors that have been trending recently, but often these.... More »
Making sense of the markets this week: June 14 Jun 11th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Meme stocks: They’re back…
I thought new investors would get tired of losing money. But I guess not.
Crowd co-ordinated investing in companies specifically to drive the .... More »
U.S. banning use of WeChat, TikTok, citing national security reasons - CBC.ca Sep 18th
U.S. banning use of WeChat, TikTok, citing national security reasons CBC.caTrump to block TikTok, WeChat downloads in U.S. Global NewsByteDance plans TikTok IPO if U.S. clears deal: sources Yahoo Canada FinanceTrump Is Wrong About TikTok. China’s Plans Are Much Mor.... More »
The Toronto effect: Sales and average prices for Canadian homes fell in February + MORE Mar 15th
Canada's housing market has taken a tumble in the past 12 months, with average selling prices and home sales volumes off sharply in the year up to February, the Canadian Real Estate Association says..... More »
Stock markets appear to be ending week on a positive note, dollar slides + MORE Jul 8th
TORONTO – Stock markets appear to be ending the week on a positive note but Canada’s dollar is down.
The loonie was at 76.46 cents US, down 0.45 of a cent from Thursday’s close.
The Toronto Stock Exchange’s S&P/TSX composite index was up 144.36 points at 14,278.82.
The Do.... More »
Gap says Banana Republic creative director steps down amid disappointment results
– canadianbusiness.com
NEW YORK, N.Y. – The creative director for Gap’s Banana Republic brand is stepping down after 18 months in that role.
The move announced Thursday comes as the chain, which also operates Old Navy and Gap stores, reported a sharp drop for a key revenue measure in September for the upscale brand. It marked the third-straight month of declines that were all in the double digits.
Marissa Webb, who was hired to re-energize the Banana Republic brand and is known for her oversized jackets, will transition into a creative-adviser role “affording her more time to focus on her own collection,” Gap Inc. said in a statement. The company said that it will continue to be a minority investor in Web’s label M Webb LLC. The move will be effective Oct. 16.
The San Francisco-based retailer also offered a disappointing outlook on profitability for the current quarter.
It stock fell $1.50, or 5.2 per cent, to $27.45 during aftermarket trading. Through the close of regular-session trading Thursday, the stock is down 31 per cent since the beginning of the year…
The move announced Thursday comes as the chain, which also operates Old Navy and Gap stores, reported a sharp drop for a key revenue measure in September for the upscale brand. It marked the third-straight month of declines that were all in the double digits.
Marissa Webb, who was hired to re-energize the Banana Republic brand and is known for her oversized jackets, will transition into a creative-adviser role “affording her more time to focus on her own collection,” Gap Inc. said in a statement. The company said that it will continue to be a minority investor in Web’s label M Webb LLC. The move will be effective Oct. 16.
The San Francisco-based retailer also offered a disappointing outlook on profitability for the current quarter.
It stock fell $1.50, or 5.2 per cent, to $27.45 during aftermarket trading. Through the close of regular-session trading Thursday, the stock is down 31 per cent since the beginning of the year…
Daily Deal Roundup: CPI Card’s IPO struggles, CPPIB’s latest bet and the ‘red herring’ for Valeant
– theglobeandmail.com
Mergers, acquisitions, private equity and venture capital deals from Canada and around the world
Things to know about Chicago’s Tribune Tower as it goes up for sale
– canadianbusiness.com
CHICAGO – A 36-story Chicago landmark, the Tribune Tower, is up for sale. Tribune Media Co. announced Thursday that it has hired real estate investment banking firm Eastdil Secured to explore a sale or find a partner to help redevelop the building, which is home to the Chicago Tribune. Tribune Media phrased the move as an exploration of “strategic monetization alternatives.” The building sits on 3 acres along Chicago’s Michigan Avenue. Here are some features of the historic edifice that make it significant:
MONUMENT TO ‘THE COLONEL’
News mogul Robert R. McCormick, known as the Colonel, became president of Tribune Company in 1911. To mark the 75th anniversary of the Chicago Tribune, McCormick held an international design competition to create “the most beautiful office building in the world,” with a $50,000 prize for the winner. A renowned eccentric who directed Tribune editors to use his own system of spelling, McCormick requested secret doors and passages in case the building was ever stormed…
MONUMENT TO ‘THE COLONEL’
News mogul Robert R. McCormick, known as the Colonel, became president of Tribune Company in 1911. To mark the 75th anniversary of the Chicago Tribune, McCormick held an international design competition to create “the most beautiful office building in the world,” with a $50,000 prize for the winner. A renowned eccentric who directed Tribune editors to use his own system of spelling, McCormick requested secret doors and passages in case the building was ever stormed…
Oil prices briefly broke through the $50 US mark Thursday afternoon, buoying the Canadian dollar and boosting the energy sector on Toronto’s stock market.
Trudeau open to Bombardier foreign investor
– canoe.ca
Liberal Party leader Justin Trudeau, in a tight race to be the country’s next prime minister, said on Thursday his party is open to foreign investment in Bombardier Inc as long as it protects the country’s interests.
