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WhatsApp rolls out contact cards sharing on Windows beta - Gulf News Nov 26th
WhatsApp rolls out contact cards sharing on Windows beta Gulf NewsCan WhatsApp users share voice notes on status? Geo NewsWhatsApp to soon allow users to share voice notes as status updates India TodayWhatsApp users will soon be able to record and share voice notes a.... More »
Making sense of the markets this week: November 23 Nov 20th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
It’s déjà vu vaccine all over again as we make sense of the markets
This week began, like last week, with some very positive (and welcome) news on the vaccine front. As yo.... More »
BP bets on U.S. shale growth with bid for assets of BHP Billiton Jul 6th
BP PLC is in the lead to acquire the U.S. onshore shale oil and gas assets of BHP Billiton Ltd after submitting an offer worth well in excess of $10 billion US, people familiar with the matter said on Friday..... More »
Calgary discussing pop-up vaccination clinics with province for communities with low uptake, city's mayor says - Calgary Herald May 19th
Calgary discussing pop-up vaccination clinics with province for communities with low uptake, city's mayor says Calgary HeraldCity wants to freeze Calgary taxes next year, but that would require more cuts CBC.caA third zero property tax increase could threaten City of Calgary se.... More »
Car recalls and real estate secrets: CBC's Marketplace consumer cheat sheet Dec 11th
If you've been too busy this week to keep up with health and consumer news, CBC's Marketplace is here to help..... More »
Warren Buffet’s Berkshire Hathaway reduces its stake in Tesco to under 3 per cent
– canadianbusiness.com
LONDON – Warren Buffett’s Berkshire Hathaway has reduced its stake in British retailer Tesco to under 3 per cent, offering a fresh slap to the struggling company.
Buffett’s move, revealed in a regulatory filing Thursday, was not unexpected. He told CNBC this month that his investment in the supermarket giant was “a huge mistake by me.”
Buffett’s stake is down from 3.2 per cent earlier this week and 5.1 per cent last year.
The sale comes as Tesco investigates why half-year profit was overstated by 250 million pounds ($407 million). Eight executives have been swept up into the probe.
Tesco, one of the world’s largest retailers, has issued a series of profit warnings, and its stock price has fallen by about 50 per cent in the past year as it struggles to compete with low-cost rivals.
The post Warren Buffet’s Berkshire Hathaway reduces its stake in Tesco to under 3 per cent appeared first on Canadian Business.
Buffett’s move, revealed in a regulatory filing Thursday, was not unexpected. He told CNBC this month that his investment in the supermarket giant was “a huge mistake by me.”
Buffett’s stake is down from 3.2 per cent earlier this week and 5.1 per cent last year.
The sale comes as Tesco investigates why half-year profit was overstated by 250 million pounds ($407 million). Eight executives have been swept up into the probe.
Tesco, one of the world’s largest retailers, has issued a series of profit warnings, and its stock price has fallen by about 50 per cent in the past year as it struggles to compete with low-cost rivals.
The post Warren Buffet’s Berkshire Hathaway reduces its stake in Tesco to under 3 per cent appeared first on Canadian Business.
90 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
Nestle reports 3 per cent sales drop but steady organic growth despite strong Swiss franc
– canadianbusiness.com
GENEVA – Nestle S.A., the world’s biggest food and drink company, on Thursday reported a 3-per cent drop in group sales for the first nine months of the year, impacted by weakness in currencies against the Swiss franc and other costs.
The Vevey, Switzerland-based company said it had sales of 66.2 billion francs, down from 68.35 billion francs in the same period a year ago, which also reflects weak consumer spending. But Nestle said it had 4.5 per cent organic sales growth, which does not reflect acquisitions and currency fluctuations.
CEO Paul Bulcke said Thursday the outlook for the full year remains about 5 per cent organic growth with improvement in margins, underlying earnings per share when measured in constant exchange rates and capital efficiency.
The company said the strong Swiss franc, which the nation has sought to weaken, had a “substantial negative foreign exchange” impact of 7.5 per cent on sales. It doesn’t report earnings for the nine-month period…
The Vevey, Switzerland-based company said it had sales of 66.2 billion francs, down from 68.35 billion francs in the same period a year ago, which also reflects weak consumer spending. But Nestle said it had 4.5 per cent organic sales growth, which does not reflect acquisitions and currency fluctuations.
CEO Paul Bulcke said Thursday the outlook for the full year remains about 5 per cent organic growth with improvement in margins, underlying earnings per share when measured in constant exchange rates and capital efficiency.
The company said the strong Swiss franc, which the nation has sought to weaken, had a “substantial negative foreign exchange” impact of 7.5 per cent on sales. It doesn’t report earnings for the nine-month period…
40 days – 2.75%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.
A Year of Living on the Brink
– online.wsj.com
Ebola, ISIS, Ukraine, a stock-market wipeout—there’s nowhere to hide.
