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Gold draws 'hideout' demand as Deutsche Bank rattles markets anew - MarketWatch + MORE Sep 30th
Gold draws 'hideout' demand as Deutsche Bank rattles markets anewMarketWatchGold futures prices firmed Friday, aiming for back-to-back session gains and limiting losses for the week, as global market jitters sparked by German financial giant Deutsche Bank boosted the haven appeal of the pr.... More »
Do inflation-linked bonds make sense in an era of rising interest rates? + MORE Feb 24th
For a long time, inflation-linked bonds like TIPs (Treasury Inflation-Protected Securities) in the U.S. or Government of Canada Real Return Bonds (RRBs) seemed like valid alternatives to nominal bonds for inflationary environments. If inflation ticks above certain levels, such bonds—or exchange-tr.... More »
Tech Selloff, Chipmaker Weakness Drags Asian Stocks | Bloomberg: The Asia Trade 10/16/24 - Bloomberg Television Oct 16th
Tech Selloff, Chipmaker Weakness Drags Asian Stocks | Bloomberg: The Asia Trade 10/16/24 Bloomberg TelevisionWhy Is Nvidia Stock Down 5%? Blame A Dutch Firm’s ‘Technical Error’ ForbesPremarket: Global stocks slide in reality check from big cap earnings The Glob.... More »
BlackBerry shares slip on lower enterprise revenue Jun 22nd
BlackBerry Ltd. shares sank more than nine per cent on Friday, despite beating analysts' estimates and reporting a solid start to its 2019 financial year..... More »
5.5 year - 3.00% + MORE Nov 12th
This GIC rate is offered by Outlook Financial and was updated on 2013-10-30. Click on the link above to get more details or apply online..... More »
China’s August inflation eases as economy recovers; prices up 2.6 per cent from a year earlier
– canadianbusiness.com
BEIJING, China – China’s August inflation edged down as an economic recovery gathered strength, easing pressure on communist leaders who want to focus on longer-term reforms.
Consumer prices rose 2.6 per cent, down from July’s 2.7 per cent, government data showed Monday. Food prices rose 4.7 per cent, down from the previous month’s 5 per cent.
Slower price rises and improved economic activity could allow Chinese leaders to shift attention from propping up weak growth to work on longer-term reforms to make the economy more efficient and productive.
Communist leaders are trying to nurture more self-sustaining growth driven by domestic consumption instead of trade and investment. They have backtracked in some areas to perk up growth with more spending on railway construction and other limited measures but have resisted pressure for a more ambitious stimulus.
Economic growth declined to a two-decade low of 7.5 per cent in the second quarter but trade, factory output, auto sales and other indicators suggest the slowdown is levelling out…
Consumer prices rose 2.6 per cent, down from July’s 2.7 per cent, government data showed Monday. Food prices rose 4.7 per cent, down from the previous month’s 5 per cent.
Slower price rises and improved economic activity could allow Chinese leaders to shift attention from propping up weak growth to work on longer-term reforms to make the economy more efficient and productive.
Communist leaders are trying to nurture more self-sustaining growth driven by domestic consumption instead of trade and investment. They have backtracked in some areas to perk up growth with more spending on railway construction and other limited measures but have resisted pressure for a more ambitious stimulus.
Economic growth declined to a two-decade low of 7.5 per cent in the second quarter but trade, factory output, auto sales and other indicators suggest the slowdown is levelling out…
Report: Neiman Marcus in advanced talks for $6 billion sale to Ares, Canada Pension Plan
– canadianbusiness.com
Luxury retailer Neiman Marcus Inc. is reportedly in talks to be bought by Los Angeles-based asset manager Ares Management LLP and the Canada Pension Plan Investment Board for more than $6 billion.
That’s according to unidentified people familiar with the matter cited Sunday by The Wall Street Journal.
The newspaper said the parties were attempting to finalize a deal, although talks could still fall apart.
Representatives for Ares, Canada Pension Plan and Neiman Marcus did not return messages seeking comment.
Private equity firms TPG Capital and Warburg Pincus bought Neiman Marcus for $5.1 billion in 2005. The Dallas company filed for an initial public offering of stock in late June. Founded in 1907, it operates 41 Neiman Marcus stores and other shops including 35 stores under the Last Call brand.
The post Report: Neiman Marcus in advanced talks for $6 billion sale to Ares, Canada Pension Plan appeared first on Canadian Business.
That’s according to unidentified people familiar with the matter cited Sunday by The Wall Street Journal.
The newspaper said the parties were attempting to finalize a deal, although talks could still fall apart.
Representatives for Ares, Canada Pension Plan and Neiman Marcus did not return messages seeking comment.
Private equity firms TPG Capital and Warburg Pincus bought Neiman Marcus for $5.1 billion in 2005. The Dallas company filed for an initial public offering of stock in late June. Founded in 1907, it operates 41 Neiman Marcus stores and other shops including 35 stores under the Last Call brand.
The post Report: Neiman Marcus in advanced talks for $6 billion sale to Ares, Canada Pension Plan appeared first on Canadian Business.
Canadian mortgage investment funds feeling pressure to go public
– theglobeandmail.com
Moves come in response to proposed rules from Canadian Securities Administrators would limit which assets they could invest in
