Technology firms have turned several industries on their head. The way people buy books, hail a ride home from the bar or find a room for the night while on vacation have all changed.
And now financial technology or fintech firms are turning their sights on the banking industry, but Canada's big banks aren't going to give up their dominant position without a fight.
Losing gracefully is part of being a good investor.
Some of us never got the memo. Submitted for evidence are the e-mails I’m getting from readers who are peeved about the impact of the rising dollar on their returns from U.S. stocks held directly or through exchange-traded funds and mutual funds.
CALGARY — More oilsands companies have been forced to reduce or shut down production as the raging wildfire that started near Fort McMurray spreads south to new producing areas.
The price of crude is rising this morning as the wildfire in Fort McMurray, Alta., slows oilsands production.
The Wood Buffalo region of Alberta is the economic heart of the province, and key to world oil markets. It produces more than half of Canada's oil each day and is an important exporter to the United States.
Loblaw Companies Ltd. (TSE:L) reported first-quarter revenue that rose 3.3% to $10.4 billion, while its adjusted net earnings surged 12%, aided by increased cost savings.
Financial technology, or FinTech, is where technology meets financial services to provide alternatives for everything from bill payments to borrowing. The sector has come a long way from Interac, ATMs, and telephone banking, and now includes Bitcoin and Apple Pay.
Midas Letter author James West writes about what he thinks are three publicly-traded ‘baby unicorns’ that have great potential to become success stories.
BCE Inc. is planning on expanding westward through a friendly agreement to acquire Manitoba Telecom Services Inc. for $3.9 billion.
The agreement will add Manitoba’s largest phone, Internet and wireless company to a Montreal-based telecommunication business that stretches across Canada. If the deal closes, BCE plans to make Winnipeg its new Western Canadian headquarters.
A while back, we penned a column on how to choose a stock that was unlikely to be a target of a short-seller attack. This week, we are going to discuss the various strategies companies themselves can use to fight off the short sellers.
MONTREAL - Bombardier received a major boost Thursday from Delta Air Lines, which has placed a firm order for 75 CS100 aircraft with options for an additional 50 more in what would be the largest order for the Montreal company's troubled CSeries passenger jet program.
LAVAL, Que. — Embattled drug company Valeant Pharmaceuticals International Inc. has named Joseph Papa as its new chairman and chief executive.
The company says Papa, who was chairman and CEO of drug company Perrigo in the U.S., is expected to join Valeant early next month.
