How to go about securing the best return for your investment in Canada.
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JC Penney and Kraft rise, Weight Watchers and Gap skid + MORE Feb 27th
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq stock market:
NYSE
Weight Watchers International Inc. (WTW), down $4.54 to $11.01
The weight-loss company tumbled after it took an unexpected loss in the fourth quarter and g.... More »
25 personal finance highlights from the last 25 years + MORE Oct 15th
Over the last 25 years, personal finance in Canada has transformed enormously. Major economic shifts, new technology and evolving consumer behaviour have led to new policies and events. Here are some of the most interesting personal finance developments in the last two and a half decades:
.... More »
CanniMed CEO resigns, Aurora Cannabis SVP takes role in interim + MORE Apr 5th
CanniMed Therapeutics CEO Brent Zettl has resigned, effective immediately, as Aurora Cannabis nears completion of its acquisition of the medical marijuana company.
Zettl, who co-founded CanniMed’s parent company Prairie Plant Systems Inc. in 1988, is pursuing other opportunities, the companies.... More »
S. Korea to halt work at joint industrial park with N. Korea + MORE Feb 10th
SEOUL, South Korea – South Korea said Wednesday that it would suspend operations at a joint industrial park with North Korea in response to the North’s recent rocket launch, the first time in the park’s decade of operation that Seoul has halted work there.
The move comes after Nort.... More »
Kristy Shen on living the FIRE life and using money to “buy back time” + MORE Apr 4th
In their early 30s, Kristy Shen and Bryce Leung quit their high-paying jobs in software engineering to travel the world. The Toronto couple had $1 million in savings, but instead of taking the conventional route of home ownership, they packed their suitcases. Shen and Leung started sharing their adv.... More »
The world’s biggest oil companies are reporting grim results in the third quarter of 2015, with Chevron Corp seeing profit fall by 64 per cent and Exxon profit down 47 per cent.
Clinton's 'A' Economy
– online.wsj.com
Slow business investment means another growth slump.TSX plunges as Valeant, Husky tumble
– cbc.ca
Toronto’s main stock index fell by triple digits on Friday, weighed down by the problems of Valeant Pharmaceuticals and the oil sector.
Valeant, CVS, AbbVie, Expedia and LinkedIn are big market movers
– canadianbusiness.com
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Valeant Pharmaceuticals International Inc., down $17.73 to $93.77
The company is cutting ties with Philidor, which is shutting down following accusations that it was a “phantom pharmacy” used solely to artificially boost sales.
AbbVie Inc., up $5.45 to $59.55
The drugmaker reported better-than-expected third-quarter results on a boost in sales of the anti-inflammatory Humira.
CVS Health Corp., down $5.02 to $98.78
The drugstore chain reported a worse-than-expected third-quarter profit and narrowed its outlook.
Anheuser-Busch InBev, up $1.59 to $119.33
The world’s largest brewer reported a 9.6 per cent boost in third-quarter profit, driven by Budweiser, Stella and Corona brands.
LinkedIn Corp., up $23.87 to $240.87
The professional networking service reported better-than-expected third-quarter profit and revenue and a boost in accountholders…
NYSE
Valeant Pharmaceuticals International Inc., down $17.73 to $93.77
The company is cutting ties with Philidor, which is shutting down following accusations that it was a “phantom pharmacy” used solely to artificially boost sales.
AbbVie Inc., up $5.45 to $59.55
The drugmaker reported better-than-expected third-quarter results on a boost in sales of the anti-inflammatory Humira.
CVS Health Corp., down $5.02 to $98.78
The drugstore chain reported a worse-than-expected third-quarter profit and narrowed its outlook.
Anheuser-Busch InBev, up $1.59 to $119.33
The world’s largest brewer reported a 9.6 per cent boost in third-quarter profit, driven by Budweiser, Stella and Corona brands.
LinkedIn Corp., up $23.87 to $240.87
The professional networking service reported better-than-expected third-quarter profit and revenue and a boost in accountholders…
Politics Can Interfere with your Financial Planning
– investitwisely.com
Life goes on while governments change. Everyone can be affected by new legislation without any real means of avoiding the consequences. It is election season in the USA with Presidential candidates vying for their party’s nomination while the current administration continues to govern. Those seeking nomination logically need to tell the electorate what they stand for. In the case of Chris Christie, the Governor of New Jersey, who is seeking the Republican nomination one of his proposals relates to the Social Security System. He wants to extend the full retirement age to 69, an extension of two years. The System is already in trouble with people living longer and fewer people paying in. There are not many Republicans supporting the idea of increasing taxes as part of the solution.Average life expectancy at birth in the USA is 81 for females, 76 for males though there are variations within racial/ethnic groups. It does mean that the average male will live 7 years after the new retirement age of 69 and the average female 12 years…
