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Supreme Court won't hear Guy Lafleur's appeal for damages over 2008 arrest - The Globe and Mail Nov 1st
The Globe and MailSupreme Court won't hear Guy Lafleur's appeal for damages over 2008 arrestThe Globe and MailThe Supreme Court of Canada will not hear former NHL great Guy Lafleur's bid to seek damages stemming from an arrest several years ago. Lafleur was seeking financial compensat.... More »
Competition Bureau, with conditions, gives approval to Holcim/ Lafarge merger + MORE May 5th
OTTAWA – The federal Competition Bureau says it has given its approval, with conditions, to the takeover of Lafarge S.A. by Holcim Ltd. in a deal that will merge the world’s two largest cement companies.
In a statement issued late Monday, the Competition Bureau said it had reached a cons.... More »
What’s the best way to pay down debt? + MORE Sep 2nd
As a Certified Financial Planner (CFP), a common question I hear from Canadians is how to better understand their debt. Questions like: How did I get here? What is the best approach to paying my debt off?
Many Canadians have debt of different amounts and for many different reasons. Common types .... More »
Seasonal stock market indicators flashing warnings to investors Jan 9th
Investors saw results this week from three seasonal indicators about the year ahead, and all are negative. One indicator had the worst five trading days to start a year since 1930..... More »
Tech stock sell-off pushes markets lower Nov 12th
A steep drop in technology companies sent U.S. stocks sharply lower Monday, knocking off more than 600 points from the Dow Jones Industrial Average..... More »
Ricki’s, Bootlegger, Cleo fashion stores downsizing under court protection
– canadianbusiness.com
MISSISSAUGA, Ont. – The parent of Canadian fashion retailers Ricki’s, Bootlegger and Cleo says it plans to close some underperforming stores over the next 30 days and will review corporate staffing levels under court protection from creditors.
Comark has more than 300 specialty fashion stores under the three banners.
It didn’t specify how many locations would be closed but said all three banners would be affected.
Its president and CEO says Comark has the support of its lenders and shareholders and it’s committed to emerging from creditor protection as a more competitive company in stronger financial condition.
Comark said its senior and divisional managers responsible for day-to-day operations during the restructuring.
Alvarez & Marsal Canada has been appointed as monitor under the Canadian Companies’ Creditors Act.
The post Ricki’s, Bootlegger, Cleo fashion stores downsizing under court protection appeared first on Canadian Business.
Comark has more than 300 specialty fashion stores under the three banners.
It didn’t specify how many locations would be closed but said all three banners would be affected.
Its president and CEO says Comark has the support of its lenders and shareholders and it’s committed to emerging from creditor protection as a more competitive company in stronger financial condition.
Comark said its senior and divisional managers responsible for day-to-day operations during the restructuring.
Alvarez & Marsal Canada has been appointed as monitor under the Canadian Companies’ Creditors Act.
The post Ricki’s, Bootlegger, Cleo fashion stores downsizing under court protection appeared first on Canadian Business.
Traders worry new Aequitas exchange won’t change anything
– theglobeandmail.com
On Friday, the company will flip the switch on its alternative trading system and take on the TSX. But some insiders are skeptical
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.
US stocks recover early losses in midday trading, price of oil gains on Yemen conflict
– canadianbusiness.com
NEW YORK, N.Y. – U.S. stocks were little changed in midday trading Thursday, following declines in Europe after Saudi Arabia launched strikes on key military installations in Yemen. The price of oil rose.
Despite the tension in the Middle East and the plane crash in Europe, investors were generally not moving into their traditional havens of safety. Bond prices fell, gold prices were up only slightly and dividend-paying stocks were lower.
KEEPING SCORE: The Dow Jones industrial average was up eight points, or 0.04 per cent, to 17,725 as of noon Eastern time. It was down 139 points earlier.
The Standard & Poor’s 500 index was up a point at 2,061 and the Nasdaq composite was down five points, or 0.1 per cent, to 4,870.
ENERGY: Oil prices jumped as concerns of spreading turmoil in the Middle East after Saudi Arabia bombed key military installations in Yemen. Benchmark U.S. crude rose $1.48 to $50.70 a barrel on the New York Mercantile Exchange. Brent crude, a benchmark for international oils, rose $2…
Despite the tension in the Middle East and the plane crash in Europe, investors were generally not moving into their traditional havens of safety. Bond prices fell, gold prices were up only slightly and dividend-paying stocks were lower.
KEEPING SCORE: The Dow Jones industrial average was up eight points, or 0.04 per cent, to 17,725 as of noon Eastern time. It was down 139 points earlier.
The Standard & Poor’s 500 index was up a point at 2,061 and the Nasdaq composite was down five points, or 0.1 per cent, to 4,870.
ENERGY: Oil prices jumped as concerns of spreading turmoil in the Middle East after Saudi Arabia bombed key military installations in Yemen. Benchmark U.S. crude rose $1.48 to $50.70 a barrel on the New York Mercantile Exchange. Brent crude, a benchmark for international oils, rose $2…
As more provincial governments chase a piece of the online gambling pot, the financial benefits are clear. But what about the social costs?
