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Marriott buys Starwood for $12.2 billion, creating global hotel chain of unrivaled scope + MORE Nov 16th
NEW YORK, N.Y. – Marriott International is buying rival hotel chain Starwood for $12.2 billion in a deal that will secure its position as the world’s largest hotelier.
The stock-and-cash deal, if completed, will add 50 per cent more rooms to Marriott’s portfolio and give it more un.... More »
Tesla Stock Rises After Analyst Price Target Increase. So Much for the Bear Market. - Barron's Jan 3rd
Tesla Stock Rises After Analyst Price Target Increase. So Much for the Bear Market. Barron'sCanaccord boosts Tesla price target, calls 2025 'year of the robot' Yahoo FinanceTesla reports first-ever drop in annual deliveries CNBC2024 sees Tesla sales drop for first ti.... More »
US-China tension laid bare at Asian economic summit - Financial Times Nov 18th
Financial TimesUS-China tension laid bare at Asian economic summitFinancial TimesRivalry between the US and China was laid bare at the Asia Pacific Economic Co-operation meeting over the weekend, as Xi Jinping, China's president, and Mike Pence, US vice-president, sparred over trade and securit.... More »
The best high-interest savings accounts in Canada for 2024 + MORE Dec 23rd
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Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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Before the Bell: Stocks at risk of losing gains for the week + MORE Dec 18th
Jennifer Dowty, Chartered Financial Analyst, looks ahead to the market trading day
.... More »
Bombardier’s new CEO could be on the hot seat at first annual meeting
– canadianbusiness.com
MONTREAL – Bombardier’s new CEO is expected to be on the hot seat next week as he meets for the first time with shareholders who are clamouring for a turnaround plan after enduring a rough year by the struggling transportation giant.
After just six weeks on the job, Alain Bellemare is unlikely to be blamed for the company’s poor financial performance, which drove its shares down 45 per cent in the past year and 66 per cent since 2011.
But industry observers believe investors will be seeking reassurance on Thursday that the veteran aerospace executive can develop a strategy for success.
“Everyone is going to want to know where he’s taking this business,” said David Tyerman of Canaccord Genuity.
The analyst said it’s premature to get detailed answers when Bombardier only recently hired strategic advisers to review the commercial aircraft operations.
He said Bellemare has moved quickly to put his mark on the company by bringing in a new bench of top executives, including the head of commercial aircraft and chief aircraft salesman…
After just six weeks on the job, Alain Bellemare is unlikely to be blamed for the company’s poor financial performance, which drove its shares down 45 per cent in the past year and 66 per cent since 2011.
But industry observers believe investors will be seeking reassurance on Thursday that the veteran aerospace executive can develop a strategy for success.
“Everyone is going to want to know where he’s taking this business,” said David Tyerman of Canaccord Genuity.
The analyst said it’s premature to get detailed answers when Bombardier only recently hired strategic advisers to review the commercial aircraft operations.
He said Bellemare has moved quickly to put his mark on the company by bringing in a new bench of top executives, including the head of commercial aircraft and chief aircraft salesman…
We have had a serious financial crisis, a very deep recession, a not-so-great recovery, and now a virtually strategy-free international monetary system. This is not a good record.Five things to watch for in the Canadian business world in the coming week
– canadianbusiness.com
TORONTO – Here are five things to look for in Canadian business this week:
Earnings, earnings and more earnings: Any Canadian with money invested in the stock market has reason to keep an eye on the slew of earnings reports and annual meetings this week. Companies ranging from WestJet to Sun Life Financial, Telus and Magna International are telling shareholders how they fared in the first quarter of 2015, a period of stagnant economic growth in large part due to the global slump of oil prices. And speaking of oil prices …
The oilpatch: On deck with earnings reports are Husky Energy Inc. (TSX:HSE), which has recently started up its Sunrise oilsands project and a huge natural gas platform in the South China Sea, as well as Canadian Natural Resources Ltd. (TSX:CNQ), one of Canada’s biggest energy companies with a huge oilsands presence. Pipeline giant Enbridge Inc. holds its annual meeting in Toronto. Past Enbridge AGMs have been dominated by B.C. First Nations groups and environmental organizations speaking out against the proposed Northern Gateway pipeline…
Earnings, earnings and more earnings: Any Canadian with money invested in the stock market has reason to keep an eye on the slew of earnings reports and annual meetings this week. Companies ranging from WestJet to Sun Life Financial, Telus and Magna International are telling shareholders how they fared in the first quarter of 2015, a period of stagnant economic growth in large part due to the global slump of oil prices. And speaking of oil prices …
The oilpatch: On deck with earnings reports are Husky Energy Inc. (TSX:HSE), which has recently started up its Sunrise oilsands project and a huge natural gas platform in the South China Sea, as well as Canadian Natural Resources Ltd. (TSX:CNQ), one of Canada’s biggest energy companies with a huge oilsands presence. Pipeline giant Enbridge Inc. holds its annual meeting in Toronto. Past Enbridge AGMs have been dominated by B.C. First Nations groups and environmental organizations speaking out against the proposed Northern Gateway pipeline…
Retailers rejoice: Princess is good news for British shopkeepers
– canadianbusiness.com
LONDON – Britain’s retailers might just be rejoicing as much as Kate and Wills about the birth of a new baby princess.
Baby boutiques, clothing stores and fashion designers received a gift that will keep on giving when the Duchess of Cambridge gave birth to a girl, and all the marketing opportunities she provides, instead of another boring boy, retail experts say. From christening gown to wedding dress, and all the hairstyles in between, every trend the newest royal sets will be fodder for girls seeking to emulate a real life princess.
“The royals having a baby girl is most likely to result in a financial windfall for everyone— U.K. tourism and retailers alike,” said Tonya Williams Bradford, a marketing expert at the University of Notre Dame in Indiana. “Unlike with the birth of their beautiful baby boy, where the attention turns to whose next on the throne, this baby girl will provide many style opportunities, as her mother and the late Lady Diana did before her…
Baby boutiques, clothing stores and fashion designers received a gift that will keep on giving when the Duchess of Cambridge gave birth to a girl, and all the marketing opportunities she provides, instead of another boring boy, retail experts say. From christening gown to wedding dress, and all the hairstyles in between, every trend the newest royal sets will be fodder for girls seeking to emulate a real life princess.
“The royals having a baby girl is most likely to result in a financial windfall for everyone— U.K. tourism and retailers alike,” said Tonya Williams Bradford, a marketing expert at the University of Notre Dame in Indiana. “Unlike with the birth of their beautiful baby boy, where the attention turns to whose next on the throne, this baby girl will provide many style opportunities, as her mother and the late Lady Diana did before her…
