Daily Deals: Frosty IPO market and energy firm tests waters on sale + MORE Dec 11th

There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
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 IPO

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 »
 IPO

High interest rates and unemployment: Expectations for June’s rate announcement + MORE May 10th

The odds of a June interest rate cut from the Bank of Canada (BoC) appear to have fallen after the latest jobs report from Statistics Canada showed employment jumped by 90,000 last month. The jobs gain far surpassed forecasters’ expectations and marked the largest employment increase in more than .... More »
 stock exchange

How to start saving for retirement at 45 + MORE Mar 13th

Saving for retirement at age 45 means you’ll have a 20-year runway toward a traditional age 65 retirement. But what’s your starting point? The National Bank of Canada suggests that by age 40 you should have 2.1 times your annual income saved for retirement, while the U.S.-based firm Fidelity rec.... More »

Banks reach $154.3 million settlement on “dark pool” fraud Jan 31st

WASHINGTON – Two major global banks, Barclays and Credit Suisse, are paying a combined $154.3 million to settle government investigations that they misled clients about being able to safely trade on their “dark pool” financial exchanges, the Securities and Exchange Commission and t.... More »

Managing tax in a “tenancy in common” situation Nov 25th

Q. I am a co-owner of a cottage in Ontario. The other co-owner would like to buy out my 50% share of the cottage as tenant in common. Do I have to claim capital gains if the cottage isn’t being sold? –Claudia A. Real estate is commonly owned as joint tenants, with rights of survivorship by spous.... More »
Mergers, acquisitions, private equity and venture capital deals from Canada and around the world

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Weekend Reading – $37 billion gone, 20 Americans own more wealth than 50%, Christmas giveawaysLearn, save, invest and prosper with My Own Advisor.
Geez, where does the time go?  A busy week at work, a bathroom renovation going on at home (now on week #3), Christmas planning; the fun never ends.  Hopefully our renovation will be complete and we can get our Christmas décor up around the house next week.  I have no idea when we’ll get Christmas cards out this year…maybe only a few going out…
Enough about that, surely you’re busy with your lives as well – hope your holiday preparation plans are coming along with family and friends.
Earlier this week I launched yet another giveaway on my site – make sure you enter to win a book written by our current Federal Finance Minister here.  I also shared our passive income earned year to date, we’re 39% towards our retirement goal here.
Ontarians have paid $37 billion more than market price for electricity.  I knew Hydro One was a mess but this is nuts.
These 20 super rich Americans have more wealth than 50% of the U.S…

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Canadian cloud software company Kinaxis has an advantage over its competitors: profitability

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LAS VEGAS, Nev. – The Las Vegas Review-Journal says it’s been sold less than a year after New Media Investment Group bought it for $102.5 million.
The state’s largest newspaper reported Thursday that News + Media Capital, LLC bought the newspaper and its affiliated publications for an undisclosed sum. A letter sent from the publisher to the newspaper’s employees identifies the private company as News + Media Capital Group, LLC.
News + Media Capital Group, LLC appears to have been incorporated in Delaware on Sept. 21.
The newspaper reports that New Media’s operating subsidiary Gatehouse Media LLC would continue to run the publication.
Las Vegas Review-Journal publisher Jason Taylor did not return a call and email seeking more information.
Stephens Media LLC sold the Review-Journal to New Media Investment Group in February.
The post Las Vegas Review-Journal sold for second time in year for undisclosed price appeared first on Canadian Business – Your Source For Business News.

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FORT LAUDERDALE, Fla. – National Beverage Corp. (FIZZ) on Thursday reported fiscal second-quarter net income of $15.3 million.
The Fort Lauderdale, Florida-based company said it had profit of 33 cents per share.
The soft drink and seltzer maker posted revenue of $178.7 million in the period.
National Beverage shares have climbed 96 per cent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $44.29, a climb of 79 per cent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FIZZ at http://www.zacks.com/ap/FIZZ
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Keywords: National Beverage, Earnings Report
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This story has been corrected to show second quarter figures for net income, earnings per share and revenue.
The post National Beverage posts profit of $15.3 million in second quarter appeared first on Canadian Business – Your Source For Business News.

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