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Deutsche Boerse deal last piece in LSE’s diversification game + MORE Feb 24th
Investors have rewarded the London Stock Exchange Group for its aggressive and bold diversification plan
.... More »
Greek businessman Andreas Vgenopoulos dies at 63 + MORE Nov 5th
ATHENS, Greece – Andreas Vgenopoulos, a Greek lawyer turned business tycoon, died Saturday of a heart attack, his Marfin Investment Group announced. He was 63.
Vgenopoulos was vilified as the man who precipitated Cyprus’ banking crisis in 2012, which led to an EU bailout and a one-time l.... More »
40 days - 2.75% + MORE Dec 10th
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..... More »
The Columbia stock that’s not rallying on TransCanada's buyout + MORE Mar 18th
TransCanada said nothing about its plans for Columbia Pipeline Partners LP, whose owners expect it to grow in value and pay out higher distributions at a pace of about 20 per cent a year
.... More »
Why TransCanada investors haven't benefited from the Keystone approval + MORE Nov 22nd
Investors are seemingly oblivious to what appears to be good news for the stock, but this cautious response looks like an opportunity for anyone willing to make a long-term bet
.... More »
Chiquita agrees to sell itself to Safra Group, Cutrale Group for approximately $681 million
– canadianbusiness.com
NEW YORK, N.Y. – Chiquita Brands International Inc. has agreed to sell itself to two Brazilian companies for approximately $681 million. The deal comes just days after the fresh produce company’s shareholders rejected plans to merge with Irish fruit importer Fyffes.
Chiquita said Monday that it will be acquired by the investment firm Safra Group and the juice company Cutrale Group for $14.50 per share, a 2 per cent premium to its Friday closing price of $14.16.
The companies put the transaction’s value at about $1.3 billion, including the assumption of Chiquita’s debt.
Chiquita’s board unanimously approved the deal, which is targeted to close by the end of the year or in early 2015. Chiquita will become a subsidiary of the Cutrale-Safra group once the transaction is complete.
On Friday Chiquita and Fyffes PLC gave notice to terminate their proposed merger agreement after Chiquita’s stockholders didn’t approve a revised transaction agreement between the two companies during a special shareholders meeting…
Chiquita said Monday that it will be acquired by the investment firm Safra Group and the juice company Cutrale Group for $14.50 per share, a 2 per cent premium to its Friday closing price of $14.16.
The companies put the transaction’s value at about $1.3 billion, including the assumption of Chiquita’s debt.
Chiquita’s board unanimously approved the deal, which is targeted to close by the end of the year or in early 2015. Chiquita will become a subsidiary of the Cutrale-Safra group once the transaction is complete.
On Friday Chiquita and Fyffes PLC gave notice to terminate their proposed merger agreement after Chiquita’s stockholders didn’t approve a revised transaction agreement between the two companies during a special shareholders meeting…
Brazil markets plunge on Rousseff re-election – Reuters
– news.google.ca
ReutersBrazil markets plunge on Rousseff re-electionReutersSAO PAULO/RIO DE JANEIRO (Reuters) – Brazilian financial markets plunged on Monday with stocks falling to their lowest level in nearly seven months, as leftist President Dilma Rousseff's re-election victory dashed investor hopes of significant policy …Dilma Rousseff narrowly wins Brazil re-electionHindustan TimesUS Stocks Fall With Oil While Brazil Assets DeclineBusinessweekReal falls sharply on Brazil election resultFinancial Timesgulfnews.com -Wall Street Journal -Reuters UKall 877 news articles »
CBC.caOil price will fall to $70 a barrel in 2015, Goldman Sachs saysCBC.caOne of the world's leading investment banks says the benchmark price of North American oil is going to fall even further, to $70 US a barrel by next spring. Investment bank Goldman Sachs slashed its forecast late Sunday night for both West Texas …Goldman slashes 2015 oil price forecast, as output tops demandReutersStocks suffer as US oil prices slide to lowest in almost 2 yearsFinancial TimesUS crude falls to 28-month low, Brent slides as Goldman cuts forecastThe Globe and MailThe Times (subscription) -Business Standard -MSN Newsall 157 news articles »
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.
Get a discount on sale of no-dog condos
– moneysense.ca
Own a dog? Thinking of having kids? Want to replace the carpet for hardwood? Then you better be careful what condo you buy.According to a recent study, published this year in the Journal of Real Estate Finance and Economics, building restrictions in condos can dramatically impact the sale price.
The study analyzed resale condo restrictions and their respective selling prices for 22,000 condos sold in the Ft. Lauderdale, Florida area. The authors found that when housing prices fell, by in large, condos with restrictions were sold at a discount, compared to similar units with no restrictions.
“We found this very interesting, as many seniors will often pay a premium for a condo unit in an age restricted building,” explains Dr. Charles Carter, a former professor in Baltimore, Maryland and one of the study’s co-authors. According to Carter, a restriction on the age of the owner is seen as a benefit when real estate is doing well—prompting buyers to pay a premium for these condos—but the restriction appears to force a discount on the condo sale price when the housing market is suffering…
