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Wealthsimple launches investment portfolio for observant Muslims + MORE Aug 24th
Robo-adviser Wealthsimple has launched a new investment portfolio for observant Muslims, a move the company says builds off its success targeting smaller, underserviced groups of investors.
The Toronto-based wealth management firm says its Halal investing portfolio is designed for those adhering to .... More »
Save, sell, borrow, work: How to take your RRSP top-up over the top Feb 8th
In most circumstances, driving money into your RRSP is a great deal, writes Lesley-Anne Scorgie. Here’s some ideas for bulking up your contribution before the March 1 deadline..... More »
Most actively traded companies on the TSX + MORE Sep 30th
Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,725.86, down 28.69 points):
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up 12 cents, or 7.14 per cent, to $1.80 on 12.2-million shares. Bombardier has signed previously announced US$.... More »
‘It’s a big investment’: Ottawa announces major investment in Atlantic Canada’s aerospace sector - BNN Bloomberg May 13th
‘It’s a big investment’: Ottawa announces major investment in Atlantic Canada’s aerospace sector BNN BloombergSee more headlines & perspectives on Google News.... More »
The best GIC rates in Canada for 2024 Jun 25th
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The era of real estate agents guarding coveted sales data may be coming to an end, at least in Toronto. That’s what some brokers predict, and in anticipation they’re readying to release online once-protected industry information — namely, the actual selling price of homes.
CBC.caPanama Papers reveal middlemen between Canada and offshore secretsCBC.caA former lawyer whose business handled 1,167 offshore companies. A man who lied his way through a top job at the Alberta legislature and a dizzying stint as an offshore financial guru before landing in prison for fraud. A Toronto company that says it …The secrecy specialists behind Panama Papers' Canadian offshore dealingsToronto StarPanama Papers report alleges New Zealand prime place for rich to hide moneyThe Globe and MailPanama Papers: Secret offshore world feeds global inequalityIrish TimesChicago Tribune -ZDNet -USA TODAY -Daily Mailall 449 news articles »
National Bank pays US$130 million to buy majority stake in Cambodian bank
– canadianbusiness.com
MONTREAL – National Bank of Canada has paid $130 million to increase its ownership in a Cambodian bank to 90 per cent.
The Montreal-based company (TSX:NA) had previously owned 42 per cent of ABA Bank, or Advanced Bank of Asia.
It estimates that ABA Bank will add 17 cents to its diluted earnings per share for its 2016 financial year, which ends Oct. 31.
That includes a gain of 12 cents per share from a re-valuation of its earlier investments in ABA Bank.
ABA bank has 1,300 employees and 35 branches that manage US$925 million in assets for individual and business clients.
The post National Bank pays US$130 million to buy majority stake in Cambodian bank appeared first on Canadian Business – Your Source For Business News.
The Montreal-based company (TSX:NA) had previously owned 42 per cent of ABA Bank, or Advanced Bank of Asia.
It estimates that ABA Bank will add 17 cents to its diluted earnings per share for its 2016 financial year, which ends Oct. 31.
That includes a gain of 12 cents per share from a re-valuation of its earlier investments in ABA Bank.
ABA bank has 1,300 employees and 35 branches that manage US$925 million in assets for individual and business clients.
The post National Bank pays US$130 million to buy majority stake in Cambodian bank appeared first on Canadian Business – Your Source For Business News.
Takata expects to sink into loss, instead of posting profit
– canadianbusiness.com
TOKYO – Japanese auto parts maker Takata Corp. is expecting a loss instead of a profit for the fiscal year that ended in March because of ballooning costs from a massive global air-bag recall.
Tokyo-based Takata, which is set to give its earnings report Wednesday, said Monday it is projecting an annual net loss of 13 billion yen ($120 million). The Japanese manufacturer, which also makes seat belts, had earlier forecast a profit of 5 billion yen ($46 million). It had racked up a loss of 29.6 billion yen the previous fiscal year.
The U.S. National Highway Traffic Safety Administration said last week that it’s adding up to 40 million Takata air bags to the ongoing recall of 28.8 million air bags.
Inflators inside the air bags can explode with too much force and spew shrapnel into the vehicle. The inflators are responsible for at least 11 deaths worldwide and more than 100 injuries.
It is still unknown exactly how many air bag inflators have to be recalled globally as each automaker must deal with the the latest NHTSA decision…
Tokyo-based Takata, which is set to give its earnings report Wednesday, said Monday it is projecting an annual net loss of 13 billion yen ($120 million). The Japanese manufacturer, which also makes seat belts, had earlier forecast a profit of 5 billion yen ($46 million). It had racked up a loss of 29.6 billion yen the previous fiscal year.
The U.S. National Highway Traffic Safety Administration said last week that it’s adding up to 40 million Takata air bags to the ongoing recall of 28.8 million air bags.
Inflators inside the air bags can explode with too much force and spew shrapnel into the vehicle. The inflators are responsible for at least 11 deaths worldwide and more than 100 injuries.
It is still unknown exactly how many air bag inflators have to be recalled globally as each automaker must deal with the the latest NHTSA decision…
Seeking AlphaSilver Wheaton Declares Second Quarterly Dividend Payment for 2016The ProvinceVANCOUVER, May 9, 2016 /CNW/ – Silver Wheaton Corp. ("Silver Wheaton" or the "Company") (TSX:SLW) (NYSE:SLW) is pleased to announce that its Board of Directors has declared its second quarterly cash dividend payment for 2016 of US$0.05 per …Silver Wheaton misses 1Q profit and revenue expectationsMontreal Gazetteall 10 news articles »
