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The last 9 men vying to be the World Series of Poker champ, $7 million richer are young, old + MORE Nov 7th
LAS VEGAS, Nev. – Nine players are left, each hoping to win $7.6 million and the title of World Series of Poker champion in the event’s annual no-limit Texas Hold ’em tournament that returns Sunday through Tuesday.
The group of poker pros, retirees and software developers managed t.... More »
What dividends can tell you about a company’s health during COVID-19 + MORE Jun 14th
While U.S. and Canadian portfolios have mostly recovered from their more than 30% drop in March, there is one key market participant who continues to struggle: the dividend-earning investors.
Since the COVID-19 crisis began, companies have been suspending their dividends in record volumes. In the.... More »
The best charities to donate to for impact in Canada for 2023 Nov 8th
“Return on investment.” It’s a phrase many Canadians are familiar with in terms of business decisions and investment portfolios. But it’s not necessarily top of mind when people choose a charity to donate to. And that’s understandable. Canadians support charities for a lot of different rea.... More »
At the open: TSX slips after weak GDP results - The Globe and Mail + MORE Aug 31st
The Globe and MailAt the open: TSX slips after weak GDP resultsThe Globe and MailCanada's main stock index opened lower on Tuesday after the release of weak second-quarter gross domestic product results and as oil prices dropped more than 1 per cent on the back of a stronger U.S. dollar. Canada.... More »
What a mutual fund flop, part-time jobs and a box of Nerds taught Sandy Yong about managing her money May 19th
Sandy Yong loves learning, writing and talking about money. So much so, in fact, that she wrote a book about personal finance: The Money Master. She’s also penning a new column for MoneySense, called Making It, to help Gen Z get a better grip on their finances. Yong wants to people feel less anxio.... More »
UnitedHealth broadens stake in overhaul’s insurance exchanges, with expansion, price hikes
– canadianbusiness.com
UnitedHealth will jump into 11 more public insurance exchanges next year, as the nation’s biggest health insurer grows more comfortable with one of the health care overhaul’s main ways of expanding coverage to millions of people.
The once-reluctant exchange participant now draws 550,000 customers from that market and predicts that business will improve next year, helped by double-digit price hikes.
“We continue to expect exchanges to develop and mature over time into a strong, viable growth market for us,” Chief Financial Officer David Wichmann told analysts during a Thursday morning conference call to discuss the Minnesota-based insurer’s third-quarter earnings performance.
State-based health insurance exchanges opened a couple years ago as a way for customers to buy individual health insurance, many with help from income-based tax credits. The overhaul also expands coverage through the state- and federally-funded Medicaid program, which mainly serves the needy and those who are disabled…
The once-reluctant exchange participant now draws 550,000 customers from that market and predicts that business will improve next year, helped by double-digit price hikes.
“We continue to expect exchanges to develop and mature over time into a strong, viable growth market for us,” Chief Financial Officer David Wichmann told analysts during a Thursday morning conference call to discuss the Minnesota-based insurer’s third-quarter earnings performance.
State-based health insurance exchanges opened a couple years ago as a way for customers to buy individual health insurance, many with help from income-based tax credits. The overhaul also expands coverage through the state- and federally-funded Medicaid program, which mainly serves the needy and those who are disabled…
US stocks gain as financial stocks climb; Hospital stocks slump after HCA warns on earnings
– canadianbusiness.com
NEW YORK, N.Y. – Stocks are moving higher following two days of losses as investors respond to some positive earnings surprises.
Financial stocks rose after Citigroup reported better profits for the third quarter than analysts were expecting. Citi was up 3 per cent at midday Thursday.
Hospital shares slumped after HCA said its earnings would fall short of projections.
The Dow Jones industrial average climbed 61 points, or 0.4 per cent, to 16,985 as of 11:45 a.m. Eastern time.
The Standard & Poor’s 500 index rose seven points, or 0.4 per cent, to 2,001. The Nasdaq composite rose 24 points, or 0.5 per cent, to 4,807.
The price of oil fell 1 per cent to $45 a barrel in New York.
Bond prices fell. The yield on the 10-year Treasury note rose to 2 per cent.
The post US stocks gain as financial stocks climb; Hospital stocks slump after HCA warns on earnings appeared first on Canadian Business – Your Source For Business News.
Financial stocks rose after Citigroup reported better profits for the third quarter than analysts were expecting. Citi was up 3 per cent at midday Thursday.
Hospital shares slumped after HCA said its earnings would fall short of projections.
The Dow Jones industrial average climbed 61 points, or 0.4 per cent, to 16,985 as of 11:45 a.m. Eastern time.
The Standard & Poor’s 500 index rose seven points, or 0.4 per cent, to 2,001. The Nasdaq composite rose 24 points, or 0.5 per cent, to 4,807.
The price of oil fell 1 per cent to $45 a barrel in New York.
Bond prices fell. The yield on the 10-year Treasury note rose to 2 per cent.
The post US stocks gain as financial stocks climb; Hospital stocks slump after HCA warns on earnings appeared first on Canadian Business – Your Source For Business News.
Celebrity businessman Kevin O’Leary and another former Dragons’ Den star are merging their two fund companies, which will manage nearly $4-billion once the deal is done.
At the open: TSX sinks amid Valeant investigation
– theglobeandmail.com
But Wall Street edges higher in advance of data, bank earnings
The average selling price of a Canadian home was $433,649 in September, a rise of over six per cent from a year ago, the Canadian Real Estate Association said today.
