The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
Latest News
Restaurant Brands shares rise as Tim Hortons parent unveils plan for revamp + MORE Apr 24th
Restaurant Brands International Inc. announced a plan to improve the customer experience and improve sales at its Tim Hortons operations as it reported better-than-expected financial results, despite what it called soft results at the coffee shop chain..... More »
Websites share Toronto home data after court rules sale prices can't be kept secret + MORE Dec 6th
Some websites already have selling prices posted for Toronto homes after a legal ruling saying the Toronto Real Estate Board has no right to keep sold prices secret. But real estate agencies are being cautious..... More »
Toronto, Vancouver among biggest property bubbles in the world, UBS says Sep 28th
Swiss investment bank UBS has deemed Toronto and Vancouver to have among the world's biggest housing bubbles, with mispricing that's even more pronounced than it is in expensive cities like Paris and San Francisco..... More »
Wealthsimple Trade in-depth review 2021: The pros and cons Mar 6th
Since making its debut in 2014, Canada’s Wealthsimple has helped to demystify investing for hundreds of thousands of regular people who want to grow their money. The company’s success thus far is unquestionable: As of late February 2021, its AUM (assets under management) have been valued at $8.4.... More »
China plans to restrict stock sales by large shareholders as it prepares to lift an emergency ban imposed in July to stop a slid + MORE Jan 6th
BEIJING, China – China plans to restrict stock sales by large shareholders once a ban imposed in July to stop a slide in prices is lifted this week.
Stockholders who own more than 5 per cent of a company will be required to sell shares through private transactions to “avoid shocks to the.... More »
Netflix ending ‘poison pill’ plan meant to ward off hostile takeover 2 years early
– canadianbusiness.com
LOS GATOS, Calif. – Netflix says it’s ending a move meant to help ward off hostile takeovers almost two years early.
The online video company adopted the shareholder rights plan, also known as a poison pill, in November 2012 after activist investor Carl Icahn disclosed a stake of almost 10 per cent in the company.
The poison pill was scheduled to expire in November 2015, but the company terminated it effective Monday.
According to FactSet, Icahn now owns a 4.5 per cent stake in Netflix Inc.
Netflix stock fell 51 cents to close at $366.99 on Monday. The Los Gatos, Calif.-based company’s shares have nearly quadrupled in value this year.
The post Netflix ending ‘poison pill’ plan meant to ward off hostile takeover 2 years early appeared first on Canadian Business.
The online video company adopted the shareholder rights plan, also known as a poison pill, in November 2012 after activist investor Carl Icahn disclosed a stake of almost 10 per cent in the company.
The poison pill was scheduled to expire in November 2015, but the company terminated it effective Monday.
According to FactSet, Icahn now owns a 4.5 per cent stake in Netflix Inc.
Netflix stock fell 51 cents to close at $366.99 on Monday. The Los Gatos, Calif.-based company’s shares have nearly quadrupled in value this year.
The post Netflix ending ‘poison pill’ plan meant to ward off hostile takeover 2 years early appeared first on Canadian Business.
John Levin: Secret Buybacks Are Unfair to Shareholders
– online.wsj.com
A company about to purchase a director’s stock should, at the least, file notice beforehand.
Hyperinflation: The worst investment call of the past five years
– theglobeandmail.com
According to the inflation scaremongers, after years of expansionary monetary policy, we in North America should be living in some sort of modern-day Weimar Republic, Boyd Erman writes
Berkshire Hathaway to trade about $1.4B of its Phillips 66 stock for 1 of refiner’s units
– canadianbusiness.com
OMAHA, Neb. – Warren Buffett’s company has agreed to trade roughly $1.4 billion of its stock in Phillips 66 for one of the refiner’s chemical businesses.
Houston-based Phillips 66 said Monday that Berkshire Hathaway will give up about 19 million of its 27.2 million Phillips 66 shares to acquire a business that makes additives that help crude oil flow through pipelines.
The exact number of shares will be determined by the price of the Houston-based company’s stock when the deal closes. That’s expected to happen in the first half of 2014.
Buffett says the business Berkshire is acquiring delivers consistently strong financial performance. He says Berkshire’s Ohio-based specialty chemical maker, Lubrizol, will oversee the unit’s strategic direction.
Phillips 66′s stock closed at $74.72 on Monday.
The post Berkshire Hathaway to trade about $1.4B of its Phillips 66 stock for 1 of refiner’s units appeared first on Canadian Business.
Houston-based Phillips 66 said Monday that Berkshire Hathaway will give up about 19 million of its 27.2 million Phillips 66 shares to acquire a business that makes additives that help crude oil flow through pipelines.
The exact number of shares will be determined by the price of the Houston-based company’s stock when the deal closes. That’s expected to happen in the first half of 2014.
Buffett says the business Berkshire is acquiring delivers consistently strong financial performance. He says Berkshire’s Ohio-based specialty chemical maker, Lubrizol, will oversee the unit’s strategic direction.
Phillips 66′s stock closed at $74.72 on Monday.
The post Berkshire Hathaway to trade about $1.4B of its Phillips 66 stock for 1 of refiner’s units appeared first on Canadian Business.
Cracker Barrel says it won’t consider a sale, turning down proposal from Biglari
– canadianbusiness.com
LEBANON, Tenn. – Cracker Barrel says it won’t consider selling itself, rejecting a push from its biggest shareholder.
The company said Monday that it will continue pursuing its own business strategies.
Last week shareholder Sardar Biglari said he was willing to make a bid for the company and urged it to consider selling itself.
Biglari, through his investment firm Biglari Holdings, owns nearly 20 per cent of Cracker Barrel Old Country Store Inc.’s shares. He has tried and failed multiple times to win a seat on the board. Shareholders also recently rejected his proposal for a $20-per-share special dividend.
Shares of Cracker Barrel lost $1.06 to $110.20 on Monday. The stock is up 72 per cent in 2013.
The post Cracker Barrel says it won’t consider a sale, turning down proposal from Biglari appeared first on Canadian Business.
The company said Monday that it will continue pursuing its own business strategies.
Last week shareholder Sardar Biglari said he was willing to make a bid for the company and urged it to consider selling itself.
Biglari, through his investment firm Biglari Holdings, owns nearly 20 per cent of Cracker Barrel Old Country Store Inc.’s shares. He has tried and failed multiple times to win a seat on the board. Shareholders also recently rejected his proposal for a $20-per-share special dividend.
Shares of Cracker Barrel lost $1.06 to $110.20 on Monday. The stock is up 72 per cent in 2013.
The post Cracker Barrel says it won’t consider a sale, turning down proposal from Biglari appeared first on Canadian Business.
