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Tag Archives: nbsp

Nestle commits to using only cage-free eggs in U.S. by 2020

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NEW YORK — Nestle SA said on Tuesday it will stop using eggs laid by caged hens in its U.S. products by 2020, making it the largest packaged food company to go cage-free amid pressure from consumers and animal-rights groups. The world’s largest food maker said it uses about 20 …

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Alberta’s credit rating downgraded on concerns over rising debt

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CALGARY – Alberta Finance Minister Joe Ceci said Friday he is disappointed to see the province lose its top credit rating, but doesn’t expect the move will affect Alberta’s borrowing costs. “Obviously we are disappointed by today’s report, but the steep drop in the price of oil is hitting Alberta …

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How to make $1,000 a month extra income without the hassle of being a landlord

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Some investors buy properties and rent them out to receive rental income. Those properties require a huge amount of capital up front. By investing in real estate investment trusts (REITs) instead, investors can invest a small amount and still receive a juicy monthly income. Additionally, a professional management team takes …

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Innovation, efficiency the new mantra for manufacturers as they await sustained recovery

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OTTAWA — Ever since the recession — the big one in 2008-09, not the mini-downturn of 2015 — manufacturers have been wishing and hoping for a big turnaround in their sector. Canada’s economy unexpectedly stalls, setting uncertain tone for end of the year Growth in Canada’s economy was flat in …

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Activist shareholders target Dominion Diamond

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Dominion Diamond Corp. is officially in play as the miner is being targeted by an activist shareholder group and is reportedly studying a potential sale. The stock jumped 22 per cent to $14.01 on Tuesday as investors absorbed the news. It is still down 33 per cent on the year. …

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Long Run Exploration convert holders ask: Who is looking out for us? Where is our full value?

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Judging from the response to a recent column, Long Run Exploration, which this week agreed to a takeover offer from an unnamed Chinese investor, is in trouble with holders of its convertible debentures. In that takeover, which comes with a $770 million value, the debenture holders are being offered $750 …

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Extreme bears are betting oil is going as low as $25, $20 and even $15 a barrel in 2016

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Oil speculators are buying options contracts that will only pay out if crude drops to as low as US$15 a barrel next year, the latest sign some investors expect an even deeper slump in energy prices. 'We all know someone who has lost a job': Oil crash takes heavy toll …

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World’s worst carry trade found in Brazil as 2016 outlook dims

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Investors who bet on Brazil’s local bonds this year were saddled with the biggest losses among major economies. The outlook for 2016 isn’t much better. Borrowing dollars at the end of 2014 and buying reais, a practice known as the carry trade, left investors with losses of 22 per cent …

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How Amazon is steamrolling over its competition in online sales: ‘It just keeps raising the bar’

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Two decades after Jeff Bezos started Amazon.com Inc. in his Bellevue, Wash., garage, his e-commerce juggernaut could be forgiven for letting up on its rapid growth. How Canadian Tire is grappling with the economics of e-commerce Questions in the industry still abound as to whether retailers will be able to …

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Canadian Natural Resources Ltd upgraded at Citigroup

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Canadian Natural Resources Ltd. was among several energy producers upgraded on Tuesday by Citigroup in anticipation of tides turning for the sector in 2016. Analyst Robert Morris raised his rating on CNRL to buy from neutral, along with EOG Resources Inc., Cimarex Energy Co. and Anadarko Petroleum Corp. Oasis Petroleum …

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