The Japanese owner of 7-Eleven has rejected a takeover offer from Quebec-based Alimentation Couche-Tard Inc. Seven & i Holdings Co. Ltd. said the proposal by the Canadian convenience store operator "grossly undervalues" the company. (Sept. 6, 2024)
Warren Buffett, one of the most successful investors in the world, has a reputation for his simple financial wisdom. His advice is certainly worth listening to, especially if it helps you avoid making...
Are you on track for a comfortable retirement? See how your savings stack up. The post Here’s the Average RRSP Balance at Age 54 for Canadians (and How to Boost Yours) appeared first on The Motley Fool Canada.
True Value, a 75-year old hardware store brand, has filed for bankruptcy and is selling substantially all of its operations to a rival, the company announced Monday.
The Canadian market has experienced a robust 23% increase over the last 12 months, with earnings projected to grow by 15% annually. In this thriving environment, identifying stocks that are potentially undervalued can offer opportunities for investors seeking to capitalize on discrepancies between market price and intrinsic value.
In retirement, net worth shows the total result of a lifetime's savings, debts and investments. This measure is often more insightful than income, as it reveals your financial stability and whether...
The Canadian market has shown robust performance, increasing by 1.3% over the last week and up 23% over the past year, with earnings forecasted to grow by 15% annually. In this environment, stocks with high insider ownership can be appealing as they often indicate confidence from those closest to the company's operations and potential for growth in alignment with broader market trends.
The Ohio senator's present interest in AcreTrader is unclear.
I have a million dollars and I want to put it to work for me. Where can I put it to make the most amount of passive income from it? Also, how can I minimize taxes on that to be able to keep more of that money? – Andrea While today's high-interest rate environment has […] The post Ask an Advisor: I Have $1 Million and Want It to Work for Me. How Do I Maximize Passive Income and Minimize Taxes? appeared first on SmartReads by SmartAsset.
Canada’s TD Bank has agreed to pay a record US$3.1 in fines to U.S. authorities after admitting it allowed drug cartels and other criminal networks to carry out illegal money-laundering activities through the bank. Nivrita Ganguly discusses the details with Global News’ Amandalina Letterio.
As the third quarter earnings season begins, investors are contemplating whether the current market is heading for or already experiencing a "melt-up." Mariner Wealth Advisors chief investment strategist and head of equity Jeff Krumpelman joins Morning Brief to share his market outlook. Krumpelman observes that the market has "catapulted" over the wall of worry, acknowledging the strong fundamentals driving this performance. However, he notes that valuations remain elevated, partly due to investors becoming "giddy" about potential Federal Reserve rate cuts. In his view, the market has "gotten ahead of itself." Despite the current market, Krumpelman maintains his S&P 500 (^GSPC) targets of 5,400 for year-end 2024 and 6,000+ by mid-2025. With markets surpassing the year-end target, Krumpelman suggests they may "stagnate and not go very much from here for a bit." "You can't always predict exactly the timing of the gains, and I think that we could have a bit of a surge and a melt-up to 6,000 plus, and if that were to occur, I wouldn't be surprised. I also wouldn't be surprised if we got a pullback. We've got an election, we've got geopolitical risks, and I think that to see a pullback for those reasons or just concerns about rates moving up a little bit, I could equally see a 10% or so correction before we move on to those highs we expect next year," he tells Yahoo Finance. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith
Investing in a company which grows its dividend can be a great way for investors to grow their portfolios. ...
We recently compiled a list of the Jim Cramer’s Exclusive List of 9 YEV Stocks. In this article, we are going to take a look at where KeyCorp (NYSE:KEY) stands against the other YEV stocks in Jim Cramer’s exclusive list. Recently, Jim Cramer sifted through the S&P 500 to identify stocks that satisfy his criteria: yield, […]
The U.S. holiday, observed on the second Monday in October, commemorates Christopher Columbus landing in North America in 1492.
NEW YORK (AP) — Wall Street rolled to more records Monday as U.S. stocks added to their all-time highs.
(Bloomberg) -- The battle for control of the world’s largest zinc smelter marks the beginning of the end of a multi-billion dollar succession feud as buyout firm MBK Partners says it has succeeded in securing a 5.34% stake in Korea Zinc Co.Most Read from BloombergDubai’s Allure to Expats Is Weighing on City’s InfrastructureHow Mexico City Averted All-Out DroughtThe Master Plan That Shaped Pakistan’s Capital Is No Longer WorkingAs Brussels Booms, an Old Boogeyman Returns: BrusselizationThe Cableb
A robotaxi event light on details exposed a disconnect between the Tesla's lofty stock valuation and reality.
The chips company has a market valuation of $3.31 trillion, $150 billion below the iPhone maker’s $3.46 trillion.
It’s a good time to invest in cyclicals. A few names from a list of 22V Research’s Dennis DeBusschere stand out.
The gold miners are on the verge of reporting another best quarter ever. Q3’s earnings season ramping up soon will prove epic, fueled by dazzling record gold prices and slightly-lower mining costs. That ought to double sector unit profits, extending gold stocks’ long trend of massive earnings growth. Such fantastic results should increasingly catch fund investors’ attention, with their inflows driving this sector way higher. Gold stocks remain out of favor, greatly lagging gold’s monster upleg o
Fortis (TSX:FTS) stock and another top dividend play that could be a nice fit for AI investors looking to diversify a bit. The post AI Investors: 2 ‘Sleep Easy’ Dividend Stocks to Buy in October appeared first on The Motley Fool Canada.
