The next few weeks are big for McDonald’s Corp. turnaround plan


McDonald’s Corp.’s new promotion down south that offers customers a little fries along with a double cheeseburger for US$2.50 bodes well for that company’s prospects come july 1st. The nationally advertised U.S. value tier looks nearly the same as one David Palmer at RBC Capital Markets believes worked well for the fast-food chain in the New York City area, giving ...

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Investors, it’s time to build up cash for potential pullback buys


The U.S. economy have made a turn for the better in recent weeks, but there remain plenty of signs that warrant near-term caution for equity investors. Although housing, autos, wages and other job-related data appear to be improving, important indicators such as market breadth happen to be fairly weak for the S&P 500 and S&P/TSX composite indexes. Trading volumes are ...

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Back from the brink, Yellow Pages Ltd sees real estate as next battleground in digital strategy


MONTREAL – Just 3 years after nearly sinking under the weight of a huge debt burden, Yellow Pages Ltd.?took another step on Tuesday in its transition from a legacy business built around delivering phonebooks to a digital-first company with the $50 million acquisition of online property platform ComFree/DuProprio. “We already were built with a lot of business around property because ...

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Teck could raise $1 billion from silver stream sales to Silver Wheaton


Teck Resources Ltd. has stated that it could sell silver streams from the mines to increase liquidity. The company has been looking for copper acquisitions, which means this would be one method to help finance a deal. TD Securities analyst Greg Barnes estimated that Vancouver-based Teck could raise around $1 billion from streaming sales, if it so desired. He assumed ...

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Venture capital investors are flocking to burgeoning biotech startups


The biotech industry and its investors this week anxiously awaited the clinical test outcomes of two promising drugs that might one day help slow down the degenerative effects of Alzheimer’s. The findings were mixed – Eli Lilly & Co.’s solanezumab showed it has some potential, but patients taking Biogen Inc.’s BIIB037 failed to show statistically cognitive improvement – and investors ...

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TSX closes lowers as oil falls, Greek talks continue


TORONTO – The Toronto stock market closed lower Friday as oil prices weakened and concerns intensified within the Greek debt crisis in front of a key meeting a few days ago.The S&P/TSX composite index dropped 89.41 suggests 14,808.09 as the loonie rose 0.05 of a U.S. cent to 81.20 cents. Markets everywhere anticipated developments over the weekend in the negotiations ...

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Eurozone volatility is creating buying opportunities for investors


If you don’t think Greece is leaving the eurozone and also you own companies that can cope with higher interest rates, then the volatility stemming from bailout negotiations in Europe and also the beginning of a hiking cycle by the U.S. Federal Reserve should create some buying opportunities. It has for Dennis Mitchell, senior portfolio manager at Sentry Investments, who ...

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Dude, Where’s my pot ETF?


Pot has been generating plenty of buzz. Twenty-three states and the District of Columbia have legalized marijuana, either for medicinal or personal use, while an additional 13 have planned votes by 2016. If the trend toward legalization continues, there’s big profit potential, considering $2.5 billion in legal sales last year-and the estimated $60 billion in illegal sales. ArcView Market Research ...

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How Tiger 21 networking group helps its wealthy members get back on track


Peter Nicholson is a rich man and that he knows it. For more than a quarter of the century, he\’s parlayed a strong entrepreneurial drive right into a growing fortune, which finally count had led to a net worth somewhere north of $20 million. But for the money Nicholson makes, the 50-year old Halifax native can not seem to shake ...

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How much risk will investors add after Greece and the Fed?


Major markets are relatively flat so far in 2015, but there are several reasons to be optimistic about risk assets such as stocks. On the top, things don’t look everything different from this past year. Growth remains pretty weak and easy money is plentiful – this time in Europe, Japan and emerging markets. Global investors who\’ve likely loaded on both ...

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