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Save, sell, borrow, work: How to take your RRSP top-up over the top Feb 8th
In most circumstances, driving money into your RRSP is a great deal, writes Lesley-Anne Scorgie. Here’s some ideas for bulking up your contribution before the March 1 deadline..... More »
Scotiabank Q4 profit rises to $1.84 billion + MORE Dec 1st
Scotiabank (TSX:BNS) says its fourth-quarter net income was $1.843 billion, taking the total for the 2015 financial year to nearly $7.3 billion..... More »
Intel warns US stake could hurt international sales, future grants - Reuters + MORE Aug 25th
Intel warns US stake could hurt international sales, future grants ReutersU.S. government takes 10% stake in Intel, as Trump expands control over private sector CNBCIntel and Trump Administration Reach Historic Agreement to Accelerate American Technology and Manufacturing Leade.... More »
Is it time to search for bond alternatives for your balanced portfolio? Oct 18th
I was recently warned by someone in the financial sector that it’s not a great time to invest in bond ETFs. My current asset allocation is 60% equities and 40% bonds, so I’m wondering what alternatives would you suggest for that 40% portion of my balanced portfolio?
At first I considered real.... More »
What to do with your extra cash + MORE May 24th
(Getty Images)
Q: I am turning 30 this year and make around $60,000 a year and was wondering what the best thing to do with some extra money is? I have $10,000 saved in an emergency fund sitting in a high-interest bank account at my bank, so I am covered in case of emergency. Is this the best plac.... More »
George Weston posts profit of $123.1 million in third quarter
– canadianbusiness.com
TORONTO – TORONTO (AP) _ George Weston Ltd. (WNGRF) on Tuesday reported third-quarter net income of $123.1 million.
On a per-share basis, the Toronto-based company said it had profit of 88 cents. Earnings, adjusted for one-time gains and costs, were $1.27 per share.
The baked goods maker and parent of the conglomerate Loblaw posted revenue of $11 billion in the period.
George Weston shares have decreased nearly 6 per cent since the beginning of the year. The stock has fallen slightly more than 8 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 WNGRF at http://www.zacks.com/ap/WNGRF
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Keywords: George Weston, Earnings Report
The post George Weston posts profit of $123.1 million in third quarter appeared first on Canadian Business – Your Source For Business News.
On a per-share basis, the Toronto-based company said it had profit of 88 cents. Earnings, adjusted for one-time gains and costs, were $1.27 per share.
The baked goods maker and parent of the conglomerate Loblaw posted revenue of $11 billion in the period.
George Weston shares have decreased nearly 6 per cent since the beginning of the year. The stock has fallen slightly more than 8 per cent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WNGRF at http://www.zacks.com/ap/WNGRF
_____
Keywords: George Weston, Earnings Report
The post George Weston posts profit of $123.1 million in third quarter appeared first on Canadian Business – Your Source For Business News.
Former Rouge Valley hospital clerk fined $36K for selling patient information
– canadianbusiness.com
TORONTO – Former hospital clerk Shaida Bandali has been sentenced to two years’ probation, 300 hours of community service and $45,000 in penalties for handing over the personal information of new mothers to investment dealers peddling education savings plans.
Bandali pleaded guilty in August to one count of unregistered trading. On top of a $36,000 fine, Bandali must pay a $9,000 victim surcharge that goes toward a provincial fund that assists the victims of crime.
The Ontario Securities Commission alleged that she breached the confidentiality policies of her employer, the Rouge Valley Hospital group, to access the personal data of maternity patients and distribute it to one or more people selling Registered Education Savings Plans.
The OSC said Bandali created investor lists by using her unauthorized access to get patient information and selling those lists to RESP agents for cash.
Ontario Superior Court Judge Kathleen Caldwell said the fine reflected the seriousness of Bandali’s breach of trust…
Bandali pleaded guilty in August to one count of unregistered trading. On top of a $36,000 fine, Bandali must pay a $9,000 victim surcharge that goes toward a provincial fund that assists the victims of crime.
The Ontario Securities Commission alleged that she breached the confidentiality policies of her employer, the Rouge Valley Hospital group, to access the personal data of maternity patients and distribute it to one or more people selling Registered Education Savings Plans.
The OSC said Bandali created investor lists by using her unauthorized access to get patient information and selling those lists to RESP agents for cash.
Ontario Superior Court Judge Kathleen Caldwell said the fine reflected the seriousness of Bandali’s breach of trust…
More and more Canadians are getting PhDs every year, but fewer and fewer are finding them worth the effort from a financial point of view, a new report from the Conference Board of Canada suggests.
Armed with $2.5 billion in new financial support, CEO Alain Bellemare and other top brass will try to boost confidence in their troubled company at a long-delayed meeting with institutional investors.Bombardier presents vision for future
– macleans.ca
(The Canadian Press) MONTREAL — Armed with $2.5 billion U.S. in new financial support, Bombardier told institutional investors this morning that it has developed a five-year strategic plan to turn around the Montreal-based transportation giant.
“Despite short-term challenges, the potential for Bombardier is great and we are turning the business around,” CEO Alain Bellemare said in a webcast of the meeting in New York City.
After nine months of reviewing the company since his appointment, Bellemare said he has taken action to diminish risk and stabilize the business.
While 2016 will be a year of “transformation,” the focus is to shift to grow earnings and generate better free cash flow.
“We have great fundamentals and significant runway for improvement,” he told analysts.
Related: Bombardier is lightweight when it comes to taxpayer support
Bombardier expects overall revenues will grow five to six per cent annually to exceed US$25 billion by 2020 with earnings more than doubling to seven to eight per cent…
