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Medical marijuana industry competes for scarce investment dollars + MORE Mar 1st
VANCOUVER – The free-for-all era of Canada’s commercial medical marijuana industry is over as a new crop of growers try to woo scarce investment dollars in an increasingly competitive business, observers say.
Boris Ziger, CEO of Matica Enterprises Inc., said the short-lived days of unbri.... More »
U of T receives $35 million investment to study high-risk pathogens - The Medium - The Medium Dec 5th
U of T receives $35 million investment to study high-risk pathogens - The Medium The Medium.... More »
120 days - 1.70% + MORE Apr 30th
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online..... More »
Loblaw closing 22 stores, launching home delivery ahead of ‘difficult year’ + MORE Nov 15th
VANCOUVER _ Loblaw Companies Ltd. is closing 22 stores and launching home delivery in two major Canadian cities, ahead of what it believes will be a challenging new year.
The grocery and pharmacy giant has finalized a plan that will result in the closure of 22 unprofitable stores across a range of i.... More »
Itau Unibanco to buy Citibank’s assets in Brazil Oct 8th
SAO PAULO – Brazil’s largest private bank says it will pay more than $200 million for the retail assets of Citibank in Latin America’s biggest country.
Itau Unibanco said Saturday in a securities filing that it will pay 710 million reals ($220 million) for all of Citibank’s r.... More »
Twitter plans stock market listing – BBC News
– news.google.ca
BBC NewsTwitter plans stock market listingBBC NewsTwitter has announced it has filed paperwork with US regulators ahead of a planned stock market flotation. "We've confidentially submitted an S-1 to the SEC for a planned [initial public offering]," the company tweeted on its official feed. The stock offering is …Twitter Files for Initial Public OfferingWall Street JournalTwitter files for IPOTelegraph.co.ukTwitter Sets Market Debut in Motion With Filing for IPOBloombergThe Independent -ABC News -NDTVall 379 news articles »
Strassel: Jeffrey Thompson's Tentacles
– online.wsj.com
The D.C. power broker allegedly funneled ‘shadow donations’ in support of Hillary Clinton’s 2008 presidential primary campaign.
Auto industry still revving up
– moneysense.ca
Automotive sector stocks have come roaring back to life after the industry was almost left for dead in 2008. Although valuations have risen, there are still plenty of places to buy in provided you look for solid earnings expansion. Efraim Levy, an auto and auto parts analyst at S&P Capital IQ, likes these companies best.
Top Pick: AutoNation (NYSE: AN)
15% forward EPS growth: As the largest U.S. dealership chain, this operation will benefit from rising sales to first-time buyers. But people are also starting to replace old cars, providing more sales growth.
Johnson Controls (NYSE: JCI)
18% forward EPS growth: Every car needs a battery, and this Milwaukee-based business is a leader in innovations that make batteries last longer. It also has some non-auto divisions, which helps diversify earnings.
Magna International Inc. (TSX: MG)
13% forward EPS growth: This Ontario-based company, which makes a host of car parts, has lots of European exposure. This is partly why it’s trading at lower earnings, but it’s also where the growth will come from…
Top Pick: AutoNation (NYSE: AN)
15% forward EPS growth: As the largest U.S. dealership chain, this operation will benefit from rising sales to first-time buyers. But people are also starting to replace old cars, providing more sales growth.
Johnson Controls (NYSE: JCI)
18% forward EPS growth: Every car needs a battery, and this Milwaukee-based business is a leader in innovations that make batteries last longer. It also has some non-auto divisions, which helps diversify earnings.
Magna International Inc. (TSX: MG)
13% forward EPS growth: This Ontario-based company, which makes a host of car parts, has lots of European exposure. This is partly why it’s trading at lower earnings, but it’s also where the growth will come from…
AltaGas buys 25 per cent Interest in Petrogas Energy
– canadianbusiness.com
CALGARY – AltaGas Ltd. (TSX:ALA) says it has agreed to acquire a 25 per cent strategic interest in Petrogas Energy Corp., a privately held integrated midstream company.
Calgary-based AltaGas will pay approximately 2.8 million shares priced at $35.69, the 20-day volume weighted average price, and an unspecified amount of cash.
As part of the agreement, AltaGas has a conditional option to purchase up to an additional 25 per cent interest in Petrogas this year.
The acquisition is expected to close on Oct. 1, 2013, and is subject to customary regulatory approvals, including the approval of the Toronto Stock Exchange.
Petrogas, with annual sales of over $2.7 billion, owns and operates a logistics network consisting of over 1,500 rail cars and 24 rail and truck terminals. Petrogas has major terminal and storage facilities with rail access in key energy hubs including Fort Saskatchewan, Alta., Sarnia, Ont., Griffith, Ind., Kansas and Mt. Belvieu, Texas.
AltaGas is an energy infrastructure business with a focus on natural gas, power and regulated utilities…
Calgary-based AltaGas will pay approximately 2.8 million shares priced at $35.69, the 20-day volume weighted average price, and an unspecified amount of cash.
As part of the agreement, AltaGas has a conditional option to purchase up to an additional 25 per cent interest in Petrogas this year.
The acquisition is expected to close on Oct. 1, 2013, and is subject to customary regulatory approvals, including the approval of the Toronto Stock Exchange.
Petrogas, with annual sales of over $2.7 billion, owns and operates a logistics network consisting of over 1,500 rail cars and 24 rail and truck terminals. Petrogas has major terminal and storage facilities with rail access in key energy hubs including Fort Saskatchewan, Alta., Sarnia, Ont., Griffith, Ind., Kansas and Mt. Belvieu, Texas.
AltaGas is an energy infrastructure business with a focus on natural gas, power and regulated utilities…
A brief history of Twitter and its initial stock offering in 140 characters or less
– canadianbusiness.com
NEW YORK, N.Y. – Twitter has redefined the way we communicate, get news and share tidbits of our lives. It has even been credited with starting a revolution or two. The company, based in San Francisco, announced Thursday that it intends to sell stock to the public for the first time. Naturally, it did it via a tweet.
Here are some quick facts about Twitter in 140 characters or less, the limit of tweets.
— MT @Twitter We’ve confidentially submitted an S-1 to the SEC for a planned IPO.
— #FunFact: In the first hour of @Twitter sending that IPO announcement tweet, 7,872 people retweeted the message.
— According to @APStylebook: “The verb is to tweet, tweeted. A Twitter message is known as a tweet.”
— The company was founded 2006 by Jack Dorsey, Biz Stone and Evan Williams. Their handles: @Jack, @Biz and @Ev
— First tweet by @Jack was “just setting up my twttr” on March 21, 2006, at 3:50 p.m.
— Dorsey went on to create @Square, a system for paying for coffee, goods through phones…
Here are some quick facts about Twitter in 140 characters or less, the limit of tweets.
— MT @Twitter We’ve confidentially submitted an S-1 to the SEC for a planned IPO.
— #FunFact: In the first hour of @Twitter sending that IPO announcement tweet, 7,872 people retweeted the message.
— According to @APStylebook: “The verb is to tweet, tweeted. A Twitter message is known as a tweet.”
— The company was founded 2006 by Jack Dorsey, Biz Stone and Evan Williams. Their handles: @Jack, @Biz and @Ev
— First tweet by @Jack was “just setting up my twttr” on March 21, 2006, at 3:50 p.m.
— Dorsey went on to create @Square, a system for paying for coffee, goods through phones…
