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Apple Inc CEO Tim Cook seems a little freaked out by the global economy

What’s keeping the CEO of the company that simply reported the most profitable quarter in history up during the night? For Apple Inc.’s Tim Cook, it’s the “economic challenges all over the world.” “This is a huge accomplishment for our company especially because of the turbulent world around us,” said ...

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Behind RioCan’s decision to redeem its first-of-its-kind rate reset preferreds

A bit of financial history is going to be made next month when RioCan Real Estate Investment Trust redeems an issue of cumulative rate reset preferred trust units. When that occurs

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Microsoft Corp reports 10.1% drop in quarterly revenue, but beats analysts’ estimates

Microsoft Corp reported quarterly revenue and profit that beat analysts’ expectations, driven by aggressive cost cutting and growing interest in its cloud services and products. Microsoft, under Leader Satya Nadella, continues to be focusing on cloud services and mobile applications as growth slows in its traditional software business. Microsoft’s shares ...

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How the Mawer New Canada Fund averaged 16% returns — for 15 years

Mawer Investment Management Ltd. is on the nice run. Its New Canada Fund has been in the black for 14 of the last Fifteen years, with 2008 its only drop in to the red, and much more recently, it’s soared. But simply how has has got the Calgary-based fund managed ...

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Bell Canada in no rush to defend $350M patent infringement law suit from MediaTube

Put it down as the second example of a small Canadian technology company taking on the big boys and the big boys doing their finest to stretch the procedure out. A couple of years back it had been i4i Inc. versus Microsoft once the Toronto-based content development firm brought a ...

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What an Amaya Inc buyout could mean for shareholders

MONTREAL – No media to work under about insider trading investigations, lawsuits and regulatory hurdles; no nervous shareholders to reassure, and fewer pressures for uninterrupted growth because the market undervalues the company – this could be the brand new reality for Amaya Inc. leader David Baazov if he goes ahead having a ...

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Amazon.com Inc shares plunge as holiday-period revenue misses analyst estimates

Amazon.com Inc.’s holiday quarter profit and sales missed estimates, using the shine from annually marked by record earnings as well as an growth of the business’s businesses. The internet retailer’s shares fell 15 per cent. Fourth-quarter net gain was US$482 million, or US$1 a share, on revenue that rose 22 ...

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Silver Wheaton’s squabble with the CRA resembles a poker match

When the Canada Revenue Agency demanded a lot more than US$200 million in back taxes from Silver Wheaton Corp. last July, almost no one thought it might hold on there. The CRA’s claim only requested alleged unpaid taxes from 2005 to 2010. Investors figured the tax collector would ultimately create ...

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‘It just isn’t 2008’ say Citi analysts

Investors are starting to get nervous about the state of the stock exchange, but Citigroup analysts say comparisons with 2008 are bunk. The market anxiety, however, is certainly justified. The S&P 500 index has pulled back 11 percent since its high this past year, but a few very large resilient ...

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‘It’s hard to imagine an uglier morning:’ Markets woke up today to two things they hate the most

Equities tumbling. Silver and gold gaining. Oil plummeting. “It’s difficult to imagine an uglier morning,” writes JPMorgan’s trading desk. There’s nothing hyperbolic about that statement. North American markets sank at the open following their global peers as investors broadly retreated from global stocks amid fears of financial instability. The U.S. benchmark ...

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