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Three things retirees can do now to protect your cash flow and portfolio Mar 21st
Withdraw funds insulated from stock meltdown, review long-term asset allocation and gradually rebalance to support cash flow needs..... More »
Hassle-free investing is here with ModernAdvisor + MORE Jun 8th
Learn, save, invest and prosper with My Own Advisor.
Over the years, I’ve learned to appreciate the beauty of simplicity. This principle can apply to every facet of your life, including personal finance and investing. Keeping it simple when it comes to investing can include making savings for .... More »
Five money fears from childhood—and how to overcome them Dec 15th
Ask around your group of peers what their childhoods were like, and you’ll probably discover you all grew up incredibly differently. Some of us dined on Kraft Dinner nightly, while others enjoyed meals fit for the cover of Bon Appétit. Some families were frugal by choice or necessity, and others .... More »
Private Equity Investments: How to protect yourself against the risks + MORE Dec 17th
For high net worth investors, the sustained growth of private equity markets in recent years is providing an attractive proposition. Out have gone the hedge funds that seemed to be more in vogue with investors before the global financial crisis. And in comes the private equity market; buoyed a gener.... More »
Don’t spend, invest—and other secrets from millionaires + MORE Mar 30th
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Book: Secrets Self-Made Millionaires Teach Their Kids
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WHO IT’S FOR: Parents interested in sharing some key.... More »
Cabela’s, Yahoo, Delta, Zafgen and Shutterfly are big market movers
– canadianbusiness.com
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq stock market:
NYSE
Cabela’s Inc., up 99 cents to $47.89
The hunting and outdoor merchandise retailer is potentially seeking a buyer as it faces pressure from activist investor Elliott Management.
SunEdison Inc., up 8 cents to $3.57
The renewable energy developer cancelled its deal to buy a 16 per cent stake in Brazil’s Renova and a related deal with TerraForm Global.
Delta Air Lines Inc., up 66 cents to $48.33
The airline operator said a key revenue measure rose in November, and it expects December’s to be at the high end of its forecast.
Nasdaq
Zafgen Inc., down $9.65 to $6.28
The biotechnology company reported a second patient death in a late-stage clinical trial of its lead drug candidate, beloranib.
Isle of Capri Casinos Inc., down $2.85 to $16.12
The casino operator reported weaker revenue for its fiscal second quarter than analysts expected…
NYSE
Cabela’s Inc., up 99 cents to $47.89
The hunting and outdoor merchandise retailer is potentially seeking a buyer as it faces pressure from activist investor Elliott Management.
SunEdison Inc., up 8 cents to $3.57
The renewable energy developer cancelled its deal to buy a 16 per cent stake in Brazil’s Renova and a related deal with TerraForm Global.
Delta Air Lines Inc., up 66 cents to $48.33
The airline operator said a key revenue measure rose in November, and it expects December’s to be at the high end of its forecast.
Nasdaq
Zafgen Inc., down $9.65 to $6.28
The biotechnology company reported a second patient death in a late-stage clinical trial of its lead drug candidate, beloranib.
Isle of Capri Casinos Inc., down $2.85 to $16.12
The casino operator reported weaker revenue for its fiscal second quarter than analysts expected…
RBC’s record earnings look good, but problems persist in sector’s outlook
– theglobeandmail.com
Bank becomes first Canadian company to earn more than $10-billion in a fiscal year, though major challenges exist to Canadian banks moving forward
Moody's sees Canada's provinces as 'stable' for first time since crisis – The Globe and Mail
– news.google.ca
CBC.caMoody's sees Canada's provinces as 'stable' for first time since crisisThe Globe and MailMoody's now sees the outlook for Canada's provinces as “stable” for the first time since the financial crisis. The oil-dependent provinces still face troubles, of course, as do public sector workers striving for major wage gains in an era of restraint …C$ closes higher after Bank of Canada less dovish than some expectedReuters CanadaBank of Canada holding the line on interest ratesAmeriPublicationsDIARY- Top Economic Events to Dec 16ReutersCBC.ca -CTV News -Financial Post -Bank of Canadaall 151 news articles »
Canada is slipping behind its global competitors on innovation, as business investment in research and development fails to keep up, according to a group that advises government on science and innovation.
Start your own foundation like Mark Zuckerberg
– moneysense.ca
(Priscilla Chan and Mark Zuckerberg | Photo by C Flanigan/FilmMagic)No doubt you’ve by now heard the stunning news that Facebook CEO Mark Zuckerberg and his wife Priscilla Chan celebrated the birth of their baby daughter Max with a commitment to donate 99% of their wealth—holdings currently worth $45 billion—to charitable causes throughout their lives. While specific details are still to come, the couple said their focus will be on fighting disease, improving education and “building strong communities.” To do all of this, they intend to form a new foundation called the Chan Zuckerberg Initiative, with the mission statement: “to join people across the world to advance human potential and promote equality for all children in the next generation.”
To put this announcement into perspective, the staggering amount of resources Zuckerberg and Chan plan to donate exceeds that of the Bill and Melinda Gates Foundation, which has an endowment of just over $41 billion (including wealth donated by Warren Buffett)…
