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Maple Leaf Foods shares have risen, while WonderFi’s stock price has tumbled. Here are the past week’s winners and losers + MORE Nov 14th
Stock surges and setbacks for the week ending Nov. 14, 2022..... More »
What the heck is a TFSA? Jun 4th
One of the side-effects of working for a personal finance magazine is that my buds good-naturedly ask me for advice. I always oblige, albeit sheepishly, without letting on that I’m still learning, too (which I freely admit here).For instance, the other day I was having lunch with some friends whe.... More »
90 days - 1.75% + MORE Sep 5th
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..... More »
We all pay the price for ballooning student debt + MORE Apr 17th
Over the past decades, higher education was seen as a rising tide that lifts everyone, but today, the return on a bachelor’s degree may be falling well below the cost of investment
.... More »
Federal government offers $867M to help lumber sector weather softwood tariffs + MORE Jun 2nd
Natural Resources Minister Jim Carr is announcing $867 million in financial supports to help lumber producers and employees weather the impact of punishing new U.S. tariffs on Canadian softwood exports.
The package announced today includes loans and loan guarantees to help cushion the blow for fores.... More »
Forbes sells majority stake to Hong Kong-based investment group
– canadianbusiness.com
NEW YORK, N.Y. – Forbes said Friday it will sell a majority stake in the family owned magazine publisher to a Hong Kong-based investor group.
Financial terms of the deal were not disclosed. The New York company said in November it was putting itself up for sale.
The buyers are led by Integrated Asset Management Ltd., a Hong Kong investment firm that invests in telecommunications, finance and technology companies.
The Forbes family will keep a “significant” ownership stake and stay actively involved with the company, Forbes said.
Steve Forbes will stay on in his role as chairman and editor-in-chief, the company said, while president and CEO Mike Perlis will continue to lead the company’s management team.
Like other magazine publishers, Forbes has dealt with the continued consumer and advertiser shift away from print publications.
Privately held Forbes Media LLC, which is controlled by the Forbes family, includes Forbes magazine, which has covered wealth and finance since 1917…
Financial terms of the deal were not disclosed. The New York company said in November it was putting itself up for sale.
The buyers are led by Integrated Asset Management Ltd., a Hong Kong investment firm that invests in telecommunications, finance and technology companies.
The Forbes family will keep a “significant” ownership stake and stay actively involved with the company, Forbes said.
Steve Forbes will stay on in his role as chairman and editor-in-chief, the company said, while president and CEO Mike Perlis will continue to lead the company’s management team.
Like other magazine publishers, Forbes has dealt with the continued consumer and advertiser shift away from print publications.
Privately held Forbes Media LLC, which is controlled by the Forbes family, includes Forbes magazine, which has covered wealth and finance since 1917…
Regulators take over small bank in Georgia; brings US bank failures to 13 in 2014
– canadianbusiness.com
WASHINGTON – Regulators have closed a small lender in Georgia, bringing U.S. bank failures this year to 13 after 24 closures in all of 2013.
The Federal Deposit Insurance Corp. said Friday that it has taken over Eastside Commercial Bank, based in Conyers, Georgia.
The bank, which operated two branches, had about $169 million in assets and $161.6 million in deposits as of March 31.
Community & Southern Bank, based in Atlanta, has agreed to assume all of the failed bank’s deposits.
The FDIC says Macon, Georgia-based State Bank and Trust Company will also buy $42.6 million of Eastside Commercial Bank’s loans.
The failure of Eastside Commercial Bank is expected to cost the deposit insurance fund $33.9 million.
The post Regulators take over small bank in Georgia; brings US bank failures to 13 in 2014 appeared first on Canadian Business.
The Federal Deposit Insurance Corp. said Friday that it has taken over Eastside Commercial Bank, based in Conyers, Georgia.
The bank, which operated two branches, had about $169 million in assets and $161.6 million in deposits as of March 31.
Community & Southern Bank, based in Atlanta, has agreed to assume all of the failed bank’s deposits.
The FDIC says Macon, Georgia-based State Bank and Trust Company will also buy $42.6 million of Eastside Commercial Bank’s loans.
The failure of Eastside Commercial Bank is expected to cost the deposit insurance fund $33.9 million.
The post Regulators take over small bank in Georgia; brings US bank failures to 13 in 2014 appeared first on Canadian Business.
Rail stocks lift TSX, U.S. markets turn up – StarPhoenix
– news.google.ca
CP24 Toronto’s Breaking NewsRail stocks lift TSX, U.S. markets turn upStarPhoenixThe Toronto stock market closed higher Friday as traders shook off the geopolitical worries that had roiled markets the previous session and refocused on corporate earnings reports. The SP/TSX composite index recovered from early losses to advance 62.09 …Energy, CP Rail shares push TSX to record highReuters CanadaCanadian Stocks Rise to Record as Energy Shares AdvanceBloombergRail stocks lift TSX, markets recover poiseCape Breton PostReutersall 123 news articles »
60 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.
30 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.
