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Russia looks to cut economic ties, scrap investment projects with Turkey - CTV News + MORE Nov 26th
CTV NewsRussia looks to cut economic ties, scrap investment projects with TurkeyCTV NewsMOSCOW -- Russia plans to retaliate against Turkey for the downing of a warplane by imposing sanctions, cutting economic ties and scrapping major investment projects. Since the plane was shot down Tuesday on the .... More »
Trump and family sue Deutsche Bank, Capital One to keep congress from accessing business records - Global News Apr 30th
Trump and family sue Deutsche Bank, Capital One to keep congress from accessing business records Global NewsTwo U.S. House committees have subpoenaed Deutsche Bank and several other financial institutions as part of investigations into Trump's finances.View full coverage on Google News.... More »
Weekend Reading – Kudos to National Bank, correcting BNN, bloggers to follow, living paycheque to paycheque + MORE Sep 9th
Learn, save, invest and prosper with My Own Advisor.
Welcome to my latest Weekend Reading edition friends. Earlier this week I shared my latest dividend income update on my journey to financial freedom and this is the tax treatment associated with Canadian dividend paying stocks to be mindful of.
I&.... More »
3.5 year - 2.10% + MORE Apr 15th
This GIC rate is offered by DUCA Financial Services and was updated on 2015-04-01. Click on the link above to get more details or apply online..... More »
Why Gen Z Is choosing career vibes over big paycheques, especially early on + MORE Feb 5th
For decades, the standard career advice for young Canadians was as linear as an airport security line: shoes off, laptop out, no detours. Except in career land it was: get the degree, find the best-paying gig, climb the corporate ladder, and don’t look back until retirement.
But according.... More »
Rising dollar, falling sales: Dollar squeezes US corporate profits from Apple to Wal-Mart
– canadianbusiness.com
NEW YORK, N.Y. – The biggest obstacle for Coca-Cola and Pepsi these days isn’t tied to taste tests, the declining popularity of sugary drinks or even their century-long rivalry. It’s the surging U.S. dollar.
The two soda giants rely on overseas customers for roughly half of their revenue. When they turned in their quarterly results last week, both reported a drop in sales. The strong dollar made all the difference: strip it out and shrinking sales suddenly rise.
The dollar has been a source of constant complaint this earnings season. Global corporations from Avon Products to Yum Brands have said their quarterly results would have been much better if it hadn’t been for the rising dollar. For some, the currency’s strength has meant the difference between a profit and a loss.
“It has really hit earnings,” said Jack Ablin, chief investment officer at BMO Private Bank.
Over the past year, the dollar has climbed 17 per cent against major currencies. The surging dollar and plunging oil prices are the main reasons analysts keep cutting their forecasts for corporate profits even though economists expect the U…
The two soda giants rely on overseas customers for roughly half of their revenue. When they turned in their quarterly results last week, both reported a drop in sales. The strong dollar made all the difference: strip it out and shrinking sales suddenly rise.
The dollar has been a source of constant complaint this earnings season. Global corporations from Avon Products to Yum Brands have said their quarterly results would have been much better if it hadn’t been for the rising dollar. For some, the currency’s strength has meant the difference between a profit and a loss.
“It has really hit earnings,” said Jack Ablin, chief investment officer at BMO Private Bank.
Over the past year, the dollar has climbed 17 per cent against major currencies. The surging dollar and plunging oil prices are the main reasons analysts keep cutting their forecasts for corporate profits even though economists expect the U…
3.5 year – 2.30%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-11-28. Click on the link above to get more details or apply online.
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.
Moody’s cuts Russia’s credit rating to ‘junk’ grade, cites Ukraine crisis, falling oil prices
– canadianbusiness.com
NEW YORK, N.Y. – Moody’s Investors Service says it has cut Russia’s credit rating to junk grade, citing the crisis in Ukraine and a slide in oil prices and the ruble.
The credit rating agency said late Friday that it expects those challenges will plunge Russia into a deep recession this year and continued contraction next year.
Moody’s downgraded Russia’s rating from Baa3 to Ba1, or one notch below investment grade.
Standard & Poor’s downgraded Russia’s rating to junk last month.
Russia’s economy has been hit by the double impact of weaker energy prices as well as Western sanctions over its role in Ukraine.
The Russian economy is expected to contract by 4 to 5 per cent this year for the first time since President Vladimir Putin took the helm in 2000.
The post Moody’s cuts Russia’s credit rating to ‘junk’ grade, cites Ukraine crisis, falling oil prices appeared first on Canadian Business.
The credit rating agency said late Friday that it expects those challenges will plunge Russia into a deep recession this year and continued contraction next year.
Moody’s downgraded Russia’s rating from Baa3 to Ba1, or one notch below investment grade.
Standard & Poor’s downgraded Russia’s rating to junk last month.
Russia’s economy has been hit by the double impact of weaker energy prices as well as Western sanctions over its role in Ukraine.
The Russian economy is expected to contract by 4 to 5 per cent this year for the first time since President Vladimir Putin took the helm in 2000.
The post Moody’s cuts Russia’s credit rating to ‘junk’ grade, cites Ukraine crisis, falling oil prices appeared first on Canadian Business.
4.5 year – 2.50%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-13. Click on the link above to get more details or apply online.
