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Facebook stock drops after company warns Apple’s privacy changes to have bigger Q3 impact - TechCrunch Sep 22nd
Facebook stock drops after company warns Apple’s privacy changes to have bigger Q3 impact TechCrunchFacebook says it underreported ad performance due to Apple's iPhone privacy update CNBCFacebook says privacy changes in iOS continue to impact its ad business 9to5Ma.... More »
3 Canadian stock to own in Feb 2022 Feb 1st
Many popular growth stocks have fallen more than 20 percent or more over the past few weeks. However, assuming a company’s business is intact, volatility over the short term could turn into long-term wealth if investors keep a level head.
If you’re trying to take advantage of this drop.... More »
Your home sold—now what? + MORE Apr 1st
If you’ve sold your home or are planning to soon, you may have a large amount of cash that needs a temporary parking spot while you prepare for your next move. A regular savings account pays very little interest—so unless you need the money right away, it makes sense to seek higher returns.
S.... More »
Introducing KOHO, a unique financial service app Aug 16th
Nowadays, consumers can shop around for the low- or no-fee accounts, competitive interest rates, and additional features they want. And banks aren’t the only ones delivering financial services to Canadians. Fintechs, which integrate technologies into the financial sector, have empowered developers.... More »
Can an estate contribute to an RESP account? Dec 20th
Can money left in a will to be put in a trust fund for a child under 18 be put into an RESP?—Paula
Using a trust to contribute to an RESP
A registered education savings plan (RESP) is a great way to save for post-secondary education. RESP contributions of up to $2,500 per year attract a 20% .... More »
Couche Tard Q2 profit surges to record on acquisitions, despite hurricane costs
– canadianbusiness.com
MONTREAL _ Alimentation Couche-Tard Inc. says its earnings surged 35 per cent to a record US$435.3 million in its latest quarter as the CST Brands acquisition more than offset the negative impact of hurricanes in the U.S. south.
The Quebec-based convenience store operator, which reports in U.S. dollars, says it earned 76 cents per diluted share in the second quarter of its fiscal year, up from 57 cents or $321.5 million a year earlier.
“This is even more remarkable in light of the challenges faced by some (of) our network due to Hurricanes Harvey and Irma, and the continued softness in the industry in general,” Couche-Tard CEO Brian Hannasch said in a news release.
Couche-Tard said the two hurricanes reduced sales and caused property damage in Texas and Florida costing $4.8 million.
Excluding one-time charges, Couche-Tard (TSX:ATD.B) earned $458 million or 80 cents per share for the three months ended Oct. 15. That compared to $328 million or 58 cents per share in the prior year…
The Quebec-based convenience store operator, which reports in U.S. dollars, says it earned 76 cents per diluted share in the second quarter of its fiscal year, up from 57 cents or $321.5 million a year earlier.
“This is even more remarkable in light of the challenges faced by some (of) our network due to Hurricanes Harvey and Irma, and the continued softness in the industry in general,” Couche-Tard CEO Brian Hannasch said in a news release.
Couche-Tard said the two hurricanes reduced sales and caused property damage in Texas and Florida costing $4.8 million.
Excluding one-time charges, Couche-Tard (TSX:ATD.B) earned $458 million or 80 cents per share for the three months ended Oct. 15. That compared to $328 million or 58 cents per share in the prior year…
Finance minister Morneau rejects Tory insinuation, threatens legal action
– canadianbusiness.com
OTTAWA _ Finance Minister Bill Morneau is threatening to take the Conservatives to court after the official Opposition peppered him with questions about a stock sale that occurred before he introduced pension legislation in the House of Commons.
Morneau calls the insinuations by Tory finance critic Pierre Poilievre “absurd” and says they have “no basis in any sort of fact.”
Poilievre says a motion introduced by Morneau in December 2015 to raise income taxes on the highest earners caused the entire stock market to drop _ including the price of Morneau Shepell shares, 680,000 of which the minister sold off a week before the announcement.
If Poilievre and others want to make such claims outside the Commons, where MPs enjoy the legal protection afforded by parliamentary privilege, they will be hearing from the minister’s lawyers, Morneau suggested Tuesday in a hastily called news conference on Parliament Hill.
“If the Opposition want to continue with these absurd allegations, which have no basis in any sort of fact, they take them outside of the House and I will give them a sense of exactly how our legal system works,” Morneau said…
Morneau calls the insinuations by Tory finance critic Pierre Poilievre “absurd” and says they have “no basis in any sort of fact.”
Poilievre says a motion introduced by Morneau in December 2015 to raise income taxes on the highest earners caused the entire stock market to drop _ including the price of Morneau Shepell shares, 680,000 of which the minister sold off a week before the announcement.
If Poilievre and others want to make such claims outside the Commons, where MPs enjoy the legal protection afforded by parliamentary privilege, they will be hearing from the minister’s lawyers, Morneau suggested Tuesday in a hastily called news conference on Parliament Hill.
“If the Opposition want to continue with these absurd allegations, which have no basis in any sort of fact, they take them outside of the House and I will give them a sense of exactly how our legal system works,” Morneau said…
Seven energy companies taking steps to become more climate-friendly
– theglobeandmail.com
Energy companies can’t be excluded from investment, but it stands to reason that as institutional investors adopt more of a 'green' focus, investment dollars will flow out of the worst offenders
Times ColonistJudge sides with Trump's pick to take over consumer agencyTimes ColonistMick Mulvaney speaks during a news conference after his first day as acting director of the Consumer Financial Protection Bureau in Washington, Monday, Nov. 27, 2017. (AP Photo/Jacquelyn Martin). WASHINGTON — President Donald Trump scored a …and more »
Where Chicago Isn't the Second City
– online.wsj.com
Trains arrive on time, and the subway has 4G. This is the power of public investment.
