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How to choose a financial advisor in Canada + MORE Apr 18th
Do you know what to look for when choosing a financial advisor? This person will be giving you advice on important things like insurance, money management and investing, so it’s worth taking the time to screen candidates carefully before you hire a financial advisor.
The terms “financial advi.... More »
The best high-interest savings accounts in Canada for 2024 Nov 11th
Savings comparison tool
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.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate mo.... More »
When an investment seems too good to be true: Vaz-Oxlade + MORE Nov 12th
If you're approached with a “great deal” and a promise of “fabulous returns” or a “sure thing,” here are some questions to ask..... More »
Bank of Montreal U.S. operations drive better-than-expected Q3 results Aug 29th
BMO Financial Group's expansion south of the border appears to be paying off as its U.S. operations boosted the bank's third-quarter results that topped analyst expectations..... More »
Watch: The differences between a TFSA and RRSP + MORE Sep 22nd
A tax-free savings account (TFSA) is a registered account that holds investments and allows you to grow your money tax-free and withdraw it tax-free. That means you don’t have to report any income earned in the account on your personal tax returns. A registered retirement savings plan (RRSP) is al.... More »
Brocade jumps on deal news; Estee Lauder drops
– canadianbusiness.com
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily on Wednesday:
Brocade Communications Systems Inc., up $1.08 at $12.32
Chipmaker Broadcom agreed to buy the company in a deal valued at $5.5 billion.
Yelp Inc., up $3.23 to $35.71
The company reported a surprise profit as users posted more reviews. It’s also cutting jobs as it abandons plans to expand internationally.
Tableau Software Inc., down $6 to $43.51
The maker of analytics and data visualization software reported revenue that fell short of estimates and lowered its full-year forecast.
Electronic Arts Inc., up $1.28 to $79.12
The marker of video games beat earnings estimates and raised its full-year profit forecast.
Chevron Corp., down $1.09 to $105.39
Energy companies fell more than the rest of the market as the price of crude oil turned lower.
Estee Lauder Companies Inc., down $4.70 to $81.60
The makeup and skin care products maker forecast full-year earnings that were below what financial analysts were expecting…
Brocade Communications Systems Inc., up $1.08 at $12.32
Chipmaker Broadcom agreed to buy the company in a deal valued at $5.5 billion.
Yelp Inc., up $3.23 to $35.71
The company reported a surprise profit as users posted more reviews. It’s also cutting jobs as it abandons plans to expand internationally.
Tableau Software Inc., down $6 to $43.51
The maker of analytics and data visualization software reported revenue that fell short of estimates and lowered its full-year forecast.
Electronic Arts Inc., up $1.28 to $79.12
The marker of video games beat earnings estimates and raised its full-year profit forecast.
Chevron Corp., down $1.09 to $105.39
Energy companies fell more than the rest of the market as the price of crude oil turned lower.
Estee Lauder Companies Inc., down $4.70 to $81.60
The makeup and skin care products maker forecast full-year earnings that were below what financial analysts were expecting…
Whole Foods beats 4Q profit forecasts
– canadianbusiness.com
AUSTIN, Texas – Whole Foods Market Inc. (WFM) on Wednesday reported fiscal fourth-quarter profit of $88 million.
The Austin, Texas-based company said it had profit of 28 cents per share.
The results exceeded Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.
The grocery chain posted revenue of $3.5 billion in the period, which did not meet Street forecasts. Six analysts surveyed by Zacks expected $3.51 billion.
Whole Foods shares have declined 15 per cent since the beginning of the year, while the Standard & Poor’s 500 index has increased nearly 3 per cent. In the final minutes of trading on Wednesday, shares hit $28.51, a drop of almost 8 per cent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WFM at https://www.zacks.com/ap/WFM
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Keywords: Whole Foods Market, Earnings Report, Priority Earnings
The post Whole Foods beats 4Q profit forecasts appeared first on Canadian Business – Your Source For Business News.
The Austin, Texas-based company said it had profit of 28 cents per share.
The results exceeded Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.
The grocery chain posted revenue of $3.5 billion in the period, which did not meet Street forecasts. Six analysts surveyed by Zacks expected $3.51 billion.
Whole Foods shares have declined 15 per cent since the beginning of the year, while the Standard & Poor’s 500 index has increased nearly 3 per cent. In the final minutes of trading on Wednesday, shares hit $28.51, a drop of almost 8 per cent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WFM at https://www.zacks.com/ap/WFM
_____
Keywords: Whole Foods Market, Earnings Report, Priority Earnings
The post Whole Foods beats 4Q profit forecasts appeared first on Canadian Business – Your Source For Business News.
Vancouver home sales fell 38.8% last month, real estate board says – Calgary Herald
– news.google.ca
Calgary HeraldVancouver home sales fell 38.8% last month, real estate board saysCalgary HeraldThe Real Estate Board of Greater Vancouver says home sales fell 38.8 per cent last month compared to October 2015. JONATHAN HAYWARD / Vancouver Sun. ShareAdjustCommentPrint. Home sales plunged 38.8 per cent last month compared with …Heavy snowfall warningCastanet.netNew BC foreign buyers tax pushes down Greater Vancouver property pricesPeace Arch NewsVancouver October home sales slide in wake of foreign buyer taxReuters CanadaBusiness in Vancouver -The Seattle Times -News1130 -Am730 Vancouver Traffic Newsall 27 news articles »
Two years after the oil price collapse sent Alberta’s economy into a tailspin, ATB Financial suggests the downturn is over.
New Canada Student Loans rule changes explained
– moneysense.ca
What’s happening?
New Canada Student Loans repayment rules that were introduced in the federal budget this spring came into effect November 1.
What’s new?
Graduates from post-secondary education don’t have to start paying back their Canada Student Loans under the Repayment Assistance Plan until they’re earning at least $25,000 a year. (Before this change, single graduates had to start repaying their loans when they were earning at least $20,210 a year.) Families of five or more would have to have household earnings of at least $67,825 before having to start repaying.
The bottom line?
Managing your student debt just got a little easier. If you’re struggling to find employment or to earn a decent salary after graduating, the government will give you relief. You only have to worry about paying off your loans after you’ve started earning an income. If you start earning above that $25,000 cut-off, see if you’re eligible for the Repayment Assistance Plan for lower monthly payments…
