Manulife Financial Corp. has announced: Manulife Asset Management Limited, the manager (the “Manager”) of Copernican World Banks Split Inc. (TSX: CBW.PR.A; CBW) (the “Fund”), today announced that securityholders have approved a special resolution proposed by …
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CIR.PR.A To Be Extended
Manulife Financial Corporation has announced: Manulife Asset Management Limited, the manager (the “Manager”) of Copernican International Financial Split Corp. (TSX: CIR.PR.A; CIR) (the “Fund”), today announced that securityholders have approved a special resolution proposed by …
November 15, 2013
Nothing happened today, except web server problems for me. Joy! It was a mixed day for the Canadian preferred share market, with PerpetualDiscounts off 4bp, FixedResets down 39bp and DeemedRetractibles gaining 5bp. The Performance Highlights …
November 14, 2013
The Beaudoin-Bombardier family is doing what it does best: Bombardier Inc.’s Beaudoin-Bombardier family owns a controlling stake in McInnis Cement, a Quebec company that is in talks with the provincial government over financial backing for …
November 12, 2013
Good times to be in corporate finance: Canadian companies are borrowing more than ever, breaking records for selling new debt in a push to lock in low interest rates before borrowing costs rise. Corporations and …
November 12, 2013
It might be a while before we see tapering: Federal Reserve Bank of Atlanta President Dennis Lockhart, who has backed record stimulus, said he wants to see inflation accelerate toward the Fed’s 2 percent goal …
November 11, 2013
Nothing happened today. It was a mixed day for the Canadian preferred share market, with PerpetualDiscounts down 8bp, FixedResets up 27bp and DeemedRetractibles off 3bp. A fairly lengthy Performance Highlights table is comprised entirely of …
November 8, 2013
There was a good US jobs number: The addition of 204,000 workers followed a revised 163,000 gain in September that was larger than initially estimated, Labor Department figures showed today in Washington. The median forecast …
November 7, 2013
Maybe we will have a return to Rae Days as well! Ontario is prepared to miss its deficit-reduction targets to avoid deep program cuts as Premier Kathleen Wynne’s government walks away from austerity. The shift …
November 6, 2013
US regulators are making a a big move to extend their power: BlackRock Inc. (BLK) and Fidelity Investments will be studied by U.S. regulators who are in the early stages of reviewing whether asset managers …