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A Wave of Start-ups Are Disrupting the $2-Billion Funeral Industry Feb 23rd
Like many tech-savvy Millennials, Mallory Greene always knew she wanted to launch her own start-up. She mulled over ideas and options while building up her resumé at the investment company Wealthsimple, where she was the head of corporate social responsibility. For several years, she just had no id.... More »
China plans to restrict stock sales by large shareholders as it prepares to lift an emergency ban imposed in July to stop a slid + MORE Jan 6th
BEIJING, China – China plans to restrict stock sales by large shareholders once a ban imposed in July to stop a slide in prices is lifted this week.
Stockholders who own more than 5 per cent of a company will be required to sell shares through private transactions to “avoid shocks to the.... More »
Canada's job recovery will reflect growing divergence between resource and ... - CBC.ca + MORE Jan 8th
CBC.caCanada's job recovery will reflect growing divergence between resource and ...CBC.ca"The chart between oil and the Canadian dollar looks like a pair of train tracks," said Bank of Canada governor Stephen Poloz in Ottawa Thursday. As Poloz was speaking, fears of a meltdown in Chi.... More »
S&P 500 hits record high, equals longest bull-run + MORE Aug 21st
The benchmark S&P 500 touched a record high on Tuesday and equalled its longest-ever bull-market run, as U.S. stocks rose on encouraging earnings reports and hopes that the United States and China could resolve their tariff dispute..... More »
120 days - 1.70% + MORE Dec 7th
This GIC rate is offered by Oaken Financial and was updated on 2013-10-17. Click on the link above to get more details or apply online..... More »
Encana may cut dividend in ‘radical change’
– theglobeandmail.com
Analysts expect Encana’s CEO to address struggling company’s dividend policy when third-quarter results are reported Wednesday
Royal Mail’s IPO success triggers envy in Ottawa
– theglobeandmail.com
Surprising success of U.K. postal service’s IPO shows struggling Canada Post what could have been
A monthly roundup of financial market news
Expect weak earnings from miners — and a glimmer of hope
– theglobeandmail.com
Companies have been in turmoil, trying to operate amid the downturn in metal prices
AT&T inks $4.85 billion deal to lease, sell wireless towers to Crown Castle International
– canadianbusiness.com
DALLAS – AT&T is leasing or selling the rights to 9,700 wireless towers for $4.85 billion as it generates cash to buy back stock, fund an acquisition and upgrade its cellular telephone system.
The Dallas company said Sunday that it will lease about 9,100 towers and sell another 600 to Crown Castle International Corp. in a deal that’s expected to close by the end of the year. AT&T, the nation’s largest telephone company, said in a statement that the deal won’t have any impact on its customers.
AT&T will sublease capacity on the towers from Houston-based Crown Castle for at least 10 years, with an option for 50 more.
Crown Castle, which operates wireless communications towers across the U.S. and in Australia, said the deal gives it the ability to add tenants to the towers. It will fund the deal with cash on hand, and equity and debt financing.
The move gives AT&T cash to fund a plan announced in July to buy back 300 million of its shares on top of a repurchase plan that it was just completing…
The Dallas company said Sunday that it will lease about 9,100 towers and sell another 600 to Crown Castle International Corp. in a deal that’s expected to close by the end of the year. AT&T, the nation’s largest telephone company, said in a statement that the deal won’t have any impact on its customers.
AT&T will sublease capacity on the towers from Houston-based Crown Castle for at least 10 years, with an option for 50 more.
Crown Castle, which operates wireless communications towers across the U.S. and in Australia, said the deal gives it the ability to add tenants to the towers. It will fund the deal with cash on hand, and equity and debt financing.
The move gives AT&T cash to fund a plan announced in July to buy back 300 million of its shares on top of a repurchase plan that it was just completing…
