Bank fees driving you crazy? Here’s how to pay them with dividends


Canadians complain about their high bank fees. Most of my bank fees originate from buying and selling stocks, since some are for short-term trades. I pay my bank $22 a month on general fees, and $10 per trade. Assuming I trade 10 times per month, that results in $122 of fees per month, totaling to $366 per quarter, or $1,464 ...

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Valeant Pharmaceuticals International Inc wooing Egyptian drugmaker, wants to expand into veterinary medicine


Valeant Pharmaceuticals International Inc. is in talks to obtain one of the largest drugmakers in Egypt to grow in both veterinary and human medicines, based on people with knowledge of the matter. Valeant Pharmaceuticals International Inc CEO primed for more deals Michael Pearson\’s penchant for acquisitions has helped catapult Valeant Pharmaceuticals International Inc. towards the heavyweight ranks from the TSX ...

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Is it time to invest in the basket case of European basket cases, Greece?


Beautiful beaches. Azure skies. Rich history. Without doubt, Greece has a lot going for it as being a travel destination. But while you are soaking up the Mediterranean sunshine and taking in the vistas and going to the Parthenon, ask this about Greece: could you stomach investing in its future? How Apple Inc might make money by bailing out Greece ...

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Dow, S&P close at record highs as rate-hike angst abates; TSX closed for Victoria Day


The Dow Jones industrial average and S&P 500 ended at record highs on Monday, helped by a rally in Apple as well as tepid economic data suggesting the Federal Reserve may wait to boost interest rates. Canadian markets were closed for Victoria Day. The S&P 500 racked up its third straight all-time high close, gaining 6.47 points, or 0.3 per ...

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Stephen Poloz may have to drop rates to zero, ex-Bank of Canada adviser warns


The Bank of Canada may cut interest rates to zero in the next six to 1 . 5 years as a rising Canadian dollar threatens the recovery, according to Fidelity Investments\’ David Wolf. Rebounding oil prices have spurred Canada\’s currency towards the biggest rally among Number of 10 nations versus the U.S. dollar within the last three months. Six reasons ...

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Canadian bank earnings begin: What you need to know before markets open


U.S. stock index futures are higher today as the dollar retreated from the largest grow in two years and as worries about Greece receded. In early European trading, the dollar was down around another of one percent against a basket of currencies, after jumping 1.3 percent on Tuesday, its biggest rise since July 2013.Greece and its European creditors also have ...

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Profit beats for Canada’s banks mask challenges ahead


Canada’s biggest banks are actually five for five this earnings season after Royal Bank of Canada, Toronto-Dominion Bank and Canadian Imperial Bank of Commerce all reported second-quarter earnings that topped?estimates?on Thursday. However the beats were?largely on the back of growth in the notoriously volatile capital markets business, there are signs the banks are girding for additional economic uncertainty. Indeed, tepid ...

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Avago Technologies Ltd to pay US$37-billion for chipmaker Broadcom Corp in sector’s largest acquisition ever


Avago Technologies Ltd., a Singapore-based maker of semiconductors, decided to buy wireless chipmaker Broadcom Corp. for US$37 billion within the industry\’s biggest acquisition ever. Avago will pay US$17 billion of money and US$20 billion in stock in the transaction, the companies said in a statement. The sale values Broadcom at US$54.50 per be part of cash, in contrast to its ...

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How to get richer, faster: Dump the cash for equities in your TFSAs


If a 30-year-old couple opened their first Tax-free Savings Accounts today, they could contribute up to $82,000, which is a big reason such accounts are starting to be serious money for many Canadians. How to get richer, faster: Private equity is your best bet Two dominant themes inevitably present themselves when discussing the objective of investing: capital preservation and capital ...

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Three easy self-help tips to build a healthy portfolio


Our family a couple of months ago chose to get a new puppy, who\’s pretty cute, adorable and, we quickly discovered, difficult to train. The frustrating part was we didn\’t know how to start training him and our early attempts weren\’t very successful in preventing some poor behaviour. But to keep any not-so-desirable actions from being a habit, we hired ...

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