Insurance Tips

Telus narrowly misses profit estimates as oil prices wreak havoc in Alberta

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Telus Corp. painted a significantly clearer picture Thursday about how exactly its businesses in Canada’s oilpatch have weathered the uncertainty and job losses resulting from the continuing rout in oil prices. In Alberta, the carrier asserted it gained a mere 4,400 new postpaid subscribers on the net basis throughout the other half of 2015, down from the net 50,000 throughout ...

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Gold is back in vogue with investors, but the question is, does this rally have legs?

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Gold has returned in vogue as investors seek out a secure haven amid growing global volatility. The question is whether this gold rally will have legs, or whether or not this will fizzle out like numerous others over the past couple of years. The precious metal is incorporated in the midst of a tremendous upward move, jumping 18 percent because ...

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Gold’s rise in January bodes well for commodities for rest of 2016

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When the cost of gold rises in January C because it did last month by 5.3 percent C it usually means investors can get all of those other year to be a good one for that world’s commodities. In fact, when gold has increased in January, the S&P GSCI, a catalog composed of 24 commodity futures, has gone onto record an annual gain 72 per cent ...

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Twitter Inc’s user growth stalls as sales forecast falls short of estimates

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Twitter Inc. said it didn’t add new users in the fourth quarter and forecast first-quarter revenue that will fall short of analysts’ estimates, evidence the company’s struggle to make its site more accessible is affecting advertising sales growth. Revenue in the present period is going to be US$595 million to US$610 million, the San Francisco-based social network said Wednesday inside ...

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Manulife Financial Corp profit slides 62% as energy investments take a hit: ‘A disappointing year’

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TORONTO – Energy exposure hit the conclusion of Manulife Financial Corp. in the fourth quarter, resulting in the shares to slide by as much as 12 percent in Thursday trading despite a nine percent hike within the dividend. Quarterly net earnings missed analyst estimates and included a $361 million charge on “investment-related experience” – with the bulk of that because ...

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Case of the February blahs: What you need to know before markets open

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North American markets look going to a lower open today, starting February on the dour note following the worst January for that S&P 500 since 2009. Weak economic data from China, which showed that the earth’s second-largest economy’s manufacturing sector contracted in January in the fastest pace since 2012, will exacerbate concerns regarding a China-led global slowdown.Oil prices fell after ...

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Pension funds hope for better deal in de-risking marketplace

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A pension risk exchange – an online marketplace that aims to create those defined benefit pension plans looking to purchase de-risking annuities with those that provide such products C is here in Canada. This week saw the unveiling from the Mercer Pension Risk Exchange, which has the modest objective of “revolutionizing the bulk annuity market for defined benefit pensions.” The ...

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Whole Foods set to capitalize on Chipotle losses

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Chipotle Mexican Grill Inc.’s loss might be Whole Foods Market Inc.’s gain. RBC Capital Markets estimates that Chipotle’s food safety concerns represent a US$933-million revenue opportunity for competitors, with Whole-foods potentially being one of the biggest beneficiaries since half its locations are within a mile of the Chipotle, and nearly 85 percent are within three miles of a Chipotle. Related ...

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