TSX getting you down? There are always sound investment alternatives.
Latest News
European leaders debate timing of UK's exit; Britons sign petition for new EU vote - The Globe and Mail (subscription) + MORE Jun 26th
The Globe and Mail (subscription)European leaders debate timing of UK's exit; Britons sign petition for new EU voteThe Globe and Mail (subscription)German Chancellor Angela Merkel sought on Saturday to temper pressure from Paris, Brussels and her own government to force Britain into negotiating.... More »
Close allies defy U.S. to join China-backed World Bank rival: reports + MORE Mar 17th
France, Germany and Italy have agreed to follow Britain’s lead and join the Asian Infrastructure Investment Bank, a major setback for Washington, the Financial Times reported
.... More »
Making sense of the markets this week: December 25, 2022 Dec 23rd
This week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
The round-up of returns for the year
Let’s start with a look at asset returns for 2022. Courtesy of our favourite economic tweeter Liz Sonders of Charles S.... More »
April 2016 Dividend Income Update + MORE May 23rd
Learn, save, invest and prosper with My Own Advisor.
Welcome to my latest dividend income update. For those of you new to these posts on my site, every month I discuss my approach to investing focusing on dividend paying stocks and how reinvesting the dividends paid from the Canadian companies we .... More »
China’s stock market circuit breaker slammed for stoking volatility + MORE Jan 7th
Investors says circuit breaker adds to selling pressure
.... More »
The deal to marry Burger King with Tim Hortons through a $12.5 billion merger promises to create a fast-food powerhouse, headquartered in Canada.
Controlled by Brazilian investment firm 3G Capital, which bought Burger King for $4 billion U.S. in 2010, the combined company would boast more than 18,000 restaurants in more than 100 countries and generate some $23 billion in annual system sales, making it the world’s third largest quick service restaurant operator.
But while executives reassure investors that the deal is all about corporate synergies and international growth—not Burger King seeking a more favourable Canadian corporate tax rate—it’s not immediately clear how the operational advantages will be realized given how little overlap exists between the two chains.
Below is a map that shows all the Burger King (yellow) and Tim Hortons’ (red) restaurants in the U.S. and Canada.
Controlled by Brazilian investment firm 3G Capital, which bought Burger King for $4 billion U.S. in 2010, the combined company would boast more than 18,000 restaurants in more than 100 countries and generate some $23 billion in annual system sales, making it the world’s third largest quick service restaurant operator.
But while executives reassure investors that the deal is all about corporate synergies and international growth—not Burger King seeking a more favourable Canadian corporate tax rate—it’s not immediately clear how the operational advantages will be realized given how little overlap exists between the two chains.
Below is a map that shows all the Burger King (yellow) and Tim Hortons’ (red) restaurants in the U.S. and Canada.
The post Mapped: Just how big is the new Burger King and Tim Hortons frontier? appeared first on Macleans…
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
Most actively traded companies on the TSX
– canadianbusiness.com
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,619.21, up 20.47 points):
Teranga Gold Corp. (TSX:TGZ). Miner. Up four cents, or 5.06 per cent, to 83 cents on 9.6 million shares.
Tim Hortons Inc. (TSX:THI). Restaurants. Up $6.68, or 8.14 per cent, to $88.71 on 6.6 million shares. Miami-based Burger King and private equity firm 3G Capital announced they would buy Tim Hortons in a $12.5-billion deal.
B2Gold Corp. (TSX:BTO). Miner. Down 10 cents, or 3.66 per cent, to $2.63 on 3.9 million shares.
Southern Pacific Resource Corp. (TSX:STP). Oil and gas. Down one cent, or 13.33 per cent, to 6.5 cents on four million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Up 18 cents, or two per cent, to $9.16 on 4.7 million shares.
Bank of Nova Scotia (TSX:BNS). Bank. Down $1.74, or 2.35 per cent, to $72.45 on 4.6 million shares. Scotiabank increased its quarterly dividend by two cents a share after posting quarterly net income of $2.35 billion or $1…
Toronto Stock Exchange (15,619.21, up 20.47 points):
Teranga Gold Corp. (TSX:TGZ). Miner. Up four cents, or 5.06 per cent, to 83 cents on 9.6 million shares.
Tim Hortons Inc. (TSX:THI). Restaurants. Up $6.68, or 8.14 per cent, to $88.71 on 6.6 million shares. Miami-based Burger King and private equity firm 3G Capital announced they would buy Tim Hortons in a $12.5-billion deal.
B2Gold Corp. (TSX:BTO). Miner. Down 10 cents, or 3.66 per cent, to $2.63 on 3.9 million shares.
Southern Pacific Resource Corp. (TSX:STP). Oil and gas. Down one cent, or 13.33 per cent, to 6.5 cents on four million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Up 18 cents, or two per cent, to $9.16 on 4.7 million shares.
Bank of Nova Scotia (TSX:BNS). Bank. Down $1.74, or 2.35 per cent, to $72.45 on 4.6 million shares. Scotiabank increased its quarterly dividend by two cents a share after posting quarterly net income of $2.35 billion or $1…
120 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
Ivanhoe Cambridge to sell parcel of assets for $1.527-billion
– theglobeandmail.com
Sale to Cominar includes 11 shopping centres as the Caisse’s real estate arm continues to refine its strategy
