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Latest News
What silicon valley really teaches us + MORE Apr 26th
Robert Galbraith/Reuters
In 2011, an American president grappling with a stagnant economy and an angry electorate could do no better than to visit the visionaries in Silicon Valley and be seen seeking their counsel. So off Barack Obama went that February to rub elbows with Steve Jobs, Mark Zuckerber.... More »
Comcast matches 3Q profit expectations, tops revenue forecasts + MORE Oct 27th
PHILADELPHIA – PHILADELPHIA (AP) _ Comcast Corp. (CMCSA) on Tuesday reported third-quarter net income of $2 billion.
On a per-share basis, the Philadelphia-based company said it had net income of 80 cents.
The results matched Wall Street expectations. The average estimate of 24 analysts survey.... More »
Energy stocks fail to lift Toronto market, U.S. markets pare recent gains Apr 11th
Canada's main stock index ended down slightly Wednesday despite strong gains in energy and gold stocks, while U.S. markets retreated from a rally a day earlier..... More »
Greece bailout: Merkel ally urges rethink for MPs who voted against Greek talks - The Australian Financial Review + MORE Jul 18th
The Australian Financial ReviewGreece bailout: Merkel ally urges rethink for MPs who voted against Greek talksThe Australian Financial ReviewThe parliamentary leader of Angela Merkel's conservatives rejected criticism of Wolfgang Schaeuble's suggestion that Greece might be better off takin.... More »
Telus profit misses as it pays more to win wireless customers + MORE Feb 9th
Telecom company posted earnings of $87-million or 14 cents a share in the latest quarter
.... More »
5.5 year – 2.80%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-03-11. Click on the link above to get more details or apply online.
Calgary-based WestJet is warning people not to give financial information to people who call claiming to represent the company and offering a prize for customer loyalty.
Weekend Readings
– IntelligentSpeculator.net
You might have heard about data-driven journalism? Nate Silver is probably the best known example and I’m loving what him and his team have going at FiveThirtEight so far! It has its critics of course but that’s generally a good sign. You an read more about it here.General Readings
-The tea party and Wall St are friends? @ NYMag
-What happens if Elon Musk is the next Steve Jobs? @ WSJ
Dividend & Passive Income Readings
2014 Canadian Dividend Aristocrats @ TheDividendGuyBlog
Tech Stock Readings
-Google drive goes on the offensive @ TechCrunch
-Is Yahoo’s business worth less than nothing? @ Bloombergview
The post Weekend Readings appeared first on Intelligent Speculator.
BlackBerry has entered into an agreement to sell the majority of its Canadian real estate holdings, a move that would see the company part with three million square feet of space as well as vacant land.
Stock Pick: First-place network CBS Corp. (CBS) could have a place in your portfolio
– canadianbusiness.com
The media industry gets a bad rap these days. The Internet is changing the way people consume content and the traditional media giants are headed for disaster, say the detractors. While this is true for many operations, not all media conglomerates are in trouble.
One company that’s been getting a lot of positive attention is CBS Corp. (NYSE: CBS). On March 17, Laura Martin, an analyst at Needham & Co, raised her 12-month target on the stock from $70 to $83. (It’s currently trading at $66 a share.)
There were several reasons for the upgrade, but the two big ones were aggressive share repurchases and a continued diversification of revenues sources, meaning less focus on traditional advertising.
The company has announced that it will buy 5% of its outstanding shares for $2 billion in the first quarter of this year. It will likely buy even more shares after it finishing spinning off its outdoor advertising business into a REIT—a move that was announced in January 2013—in the first half of this year…
