All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
Making sense of the markets this week: January 23 + MORE Jan 22nd
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
U.S. earnings season is in full swing
Earnings season is off and running. As always, the financials were battling to be the lead-off batter, as we look .... More »
How to deal with your finances when the economy is stressing you out Mar 5th
Who would have thought that just a few month ago, all we had to “worry” about was the ongoing pandemic, high interest and inflation rates, and high grocery and housing costs. We’re three months into 2025 and so far we’ve had tariffs on Canadian goods threatened in February, then actual tarif.... More »
The Calgary Flames dig a deeper hole in arena debate Sep 16th
Flames president Ken King speaks on Friday to reporters about the team’s position on a new arena deal THE CANADIAN PRESS/Jeff McIntosh
In the long battle of hearts and minds over how many taxpayer money should go into a pro-sports arena, Calgary Flames CEO Ken King and the club owners aren’.... More »
The close: TSX climbs within reach of all-time high as industrials rally + MORE Oct 25th
Dow jumps with upbeat 3M, Caterpillar earnings
.... More »
Weinstein Co. expected to file for bankruptcy + MORE Feb 26th
The Weinstein Co.'s board of directors says it is expected to file for bankruptcy protection after last-ditch talks to sell its assets collapsed..... More »
Canadian banks will begin reporting their fiscal first-quarter results on Tuesday, a pivotal batch of earnings that will reveal how the “Big Five” lenders are faring with swooning oil prices and ultra-low interest rates.
Quick Facts About Investing in Silver
– investitwisely.com
As mentioned in a few of my older posts, diversification has always been the key to success of any financial portfolio. It’s important to diversify because several sectors in the global economy will move asynchronously in cycles experiencing downsides. Gold and silver both do not move along with other investments, making them the perfect assets for diversification.Silver is considered as “poor man’s gold,” so private investors who don’t have a lot can turn to it when the economy is bad. Right now, gold costs around $1,200 per ounce, while silver is merely at $16 per ounce. Silver, along with gold, is considered legal tender so it can be used to trade for products and services in many countries around the world.
Unlike fiat money, silver has many other purposes apart from a currency. It has always been used in the construction of buildings, electronics, medicine, and solar panels. It is because of silver’s intrinsic value that the metal will always have a demand somewhere in the world…
Most actively traded companies on the TSX
– canadianbusiness.com
Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,200.26, down 28.02 points):
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down five cents, or 2.08 per cent, to $2.35 on 14.9 million shares.
Western Forest Products Inc. (TSX:WEF). Forest products. Down 14 cents, or 5.91 per cent, to $2.23 on 7.6 million shares.
Artek Exploration Ltd. (TSX:RTK). Oil and gas. Up 86 cents, or 49.14 per cent, to $2.61 on 5.9 million shares.
Kelt Exploration Ltd. (TSX:KEL). Oil and gas. Down 37 cents, or 4.56 per cent, to $7.74 on 4.6 million shares.
Mart Resources, Inc. (TSX:MMT). Oil and gas. Down nine cents, or 12.86 per cent, to 61 cents on 3.8 million shares.
Romarco Minerals Inc. (TSX:R). Miner. Unchanged at 53 cents on 3.3 million shares.
Companies reporting major news:
Valeant Pharmaceuticals (TSX:VRX). Pharmaceuticals, health-care products. Up $32.72, or 15.05 per cent, to $250.13 on 716,582 shares. Valeant stock soared on news of its friendly US$10-billion takeover offer for Salix Pharmaceuticals, a U…
Toronto Stock Exchange (15,200.26, down 28.02 points):
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down five cents, or 2.08 per cent, to $2.35 on 14.9 million shares.
Western Forest Products Inc. (TSX:WEF). Forest products. Down 14 cents, or 5.91 per cent, to $2.23 on 7.6 million shares.
Artek Exploration Ltd. (TSX:RTK). Oil and gas. Up 86 cents, or 49.14 per cent, to $2.61 on 5.9 million shares.
Kelt Exploration Ltd. (TSX:KEL). Oil and gas. Down 37 cents, or 4.56 per cent, to $7.74 on 4.6 million shares.
Mart Resources, Inc. (TSX:MMT). Oil and gas. Down nine cents, or 12.86 per cent, to 61 cents on 3.8 million shares.
Romarco Minerals Inc. (TSX:R). Miner. Unchanged at 53 cents on 3.3 million shares.
Companies reporting major news:
Valeant Pharmaceuticals (TSX:VRX). Pharmaceuticals, health-care products. Up $32.72, or 15.05 per cent, to $250.13 on 716,582 shares. Valeant stock soared on news of its friendly US$10-billion takeover offer for Salix Pharmaceuticals, a U…
In brokerage’s latest deal, Stifel Financial buying rival Sterne Agee for $150 million
– canadianbusiness.com
NEW YORK, N.Y. – Stifel Financial Corp. is buying rival financial services firm Sterne Agee for $150 million, boosting its presence in money management and fixed income.
It’s the latest move by Stifel, whose other large purchases include the investment advisory unit of Legg Mason last year, the investment bank KBW in 2013 and Thomas Weisel in 2010.
The St. Louis company said Monday that buying privately held Sterne Agee will add more than 700 financial advisers and independent representatives overseeing $20 billion in client money. It also wants Birmingham, Alabama-based Sterne Agee’s fixed-income business, which includes corporate and government debt.
The combined company would have $300 million to $325 million in annual revenue. It would sell Sterne Agee’s FBC Mortgage business back to the unit’s founders and may spin off Sterne Agee’s institutional equity and investment banking business.
It’s a cash-and-stock deal, with shareholders still to decide if Stifel will issue 1…
It’s the latest move by Stifel, whose other large purchases include the investment advisory unit of Legg Mason last year, the investment bank KBW in 2013 and Thomas Weisel in 2010.
The St. Louis company said Monday that buying privately held Sterne Agee will add more than 700 financial advisers and independent representatives overseeing $20 billion in client money. It also wants Birmingham, Alabama-based Sterne Agee’s fixed-income business, which includes corporate and government debt.
The combined company would have $300 million to $325 million in annual revenue. It would sell Sterne Agee’s FBC Mortgage business back to the unit’s founders and may spin off Sterne Agee’s institutional equity and investment banking business.
It’s a cash-and-stock deal, with shareholders still to decide if Stifel will issue 1…
60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.
