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Talking points: On Olympic pains and cut-rate planes + MORE Jun 28th
A high-angle view of Vancouver’s False Creek real estate as seen from the Fairview Slopes neighbourhood, Vancouver, B.C., February 24, 2016. (Bayne Stanley/CP)
1. It’s time to act on Vancouver’s housing crisis
In typical Canadian fashion, Finance Minister Bill Morneau will create a.... More »
Why tax season is turning into a debt trap for Canadians (and how to avoid it) + MORE Apr 2nd
If you typically carry a credit card balance, you’re in good company. The recent Study of the Canadian Consumer (Winter 2026) by Vividata shows that more than 1 in 3 Canadians (36%) usually have a credit card balance from month to month. What’s striking, however, is the study’s finding that 49.... More »
TFSA vs RRSP: How to decide between the two Jun 28th
One of the most common questions out there is whether to invest in a registered retirement savings plan (RRSP) or a tax-free savings account (TFSA). Both will help you save, and save on taxes, but each works in different ways. Understanding these investments will help you know when to use one or the.... More »
Canadians are curious about investing—and willing to take bigger risks + MORE Jun 26th
If you’re not investing regularly, you’re not alone. An Ipsos poll conducted last year found that fewer than half (48%) of Canadians put money into investments annually, and just over half (51%) of Canadians feel that they’re knowledgeable about investing—but 73% say they’d like to learn m.... More »
Why Canada’s leaders won’t talk about housing bubbles + MORE Aug 21st
Given the real estate sector’s importance to the economy—it amounts to $4 trillion of Canadians’ wealth, is equal to roughly seven per cent of GDP and dominates 99 per cent of dinner-party conversations—you might have thought the housing market would be a significant point of debate in the f.... More »
From a new report that shows it’s getting harder to find steady work, to a survey of Wall Street financiers that paints a picture of an industry that can’t seem to clean up its act, it was a busy week in financial news. The CBC’s Jacqueline Hansen gets you caught up on the week that was in business news.
How the Dow Jones industrial average and other major indexes fared on Friday
– canadianbusiness.com
The stock market capped a quiet week of trading on a down note on Friday. Major indexes fell from the start as oil drillers and other energy-related companies followed oil prices lower. Stocks spent much of the rest of the day drifting between losses and gains as investors considered a mixed bag corporate earnings and a slight increase in inflation.
On Friday:
The Dow Jones industrial average fell 53.72 points, or 0.3 per cent, to 18,232.02.
The Standard & Poor’s 500 index closed down 4.76 points, or 0.2 per cent, to 2,126.06.
The Nasdaq composite edged down 1.43 points to 5,089.36.
For the week:
The Dow is down 40.54 points, or 0.2 per cent.
The S&P 500 is up 3.33 points, or 0.2 per cent.
The Nasdaq is up 41.07, or 0.8 per cent.
For the year:
The Dow is up 408.95 points, or 2.3 per cent.
The S&P 500 index is up 67.16 points, or 3.3 per cent.
The Nasdaq is up 353.31 points, or 7.5 per cent.
The post How the Dow Jones industrial average and other major indexes fared on Friday appeared first on Canadian Business – Your Source For Business News.
On Friday:
The Dow Jones industrial average fell 53.72 points, or 0.3 per cent, to 18,232.02.
The Standard & Poor’s 500 index closed down 4.76 points, or 0.2 per cent, to 2,126.06.
The Nasdaq composite edged down 1.43 points to 5,089.36.
For the week:
The Dow is down 40.54 points, or 0.2 per cent.
The S&P 500 is up 3.33 points, or 0.2 per cent.
The Nasdaq is up 41.07, or 0.8 per cent.
For the year:
The Dow is up 408.95 points, or 2.3 per cent.
The S&P 500 index is up 67.16 points, or 3.3 per cent.
The Nasdaq is up 353.31 points, or 7.5 per cent.
The post How the Dow Jones industrial average and other major indexes fared on Friday appeared first on Canadian Business – Your Source For Business News.
Correction: Earns-Liberty Media story
– canadianbusiness.com
ENGLEWOOD, Colo. – In a story May 8 about Liberty Media’s earnings — generated by Automated Insights using data from Zacks Investment Research — the Associated Press reported erroneously the company’s stock performance over the last 12 months. At that time, Liberty Media shares had risen 10.6 per cent over the last 12 months.
A corrected version of the story is below:
Liberty Media reports 1Q loss
Liberty Media reports 1st-quarter loss of $19 million
ENGLEWOOD, Colo. (AP) — Liberty Media Corp. (LMCA) on Friday reported a first-quarter loss of $19 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Englewood, Colorado-based company said it had a loss of 6 cents.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.
The media and entertainment company posted revenue of $1.08 billion in the period, which also did not meet Street forecasts…
A corrected version of the story is below:
Liberty Media reports 1Q loss
Liberty Media reports 1st-quarter loss of $19 million
ENGLEWOOD, Colo. (AP) — Liberty Media Corp. (LMCA) on Friday reported a first-quarter loss of $19 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Englewood, Colorado-based company said it had a loss of 6 cents.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.
The media and entertainment company posted revenue of $1.08 billion in the period, which also did not meet Street forecasts…
