CAPITAL

San Diego, CA-based Tang Capital Management, founded in 2002 by Kevin C. Tang is a hedge fund that specializes in the life sciences industry. Prior to founding his firm, Mr. Tang was most recently the Managing Director and head of Life Sciences research group at Deutsche Banc Alex Brown. As of the most recent filing [...]

As I’ve discussed in my mint.com review, I think Mint is great for budgeting, but poor when used for investment planning. It appears Mint is targeting people just starting out with their finances (Generation Y and Z). As I mentioned, I wished for a web 2.0 app that focused more on investing: retirement, asset allocation, [...]

Teenage girl hockey players from across the country have some newfound fans. As Ontario and Quebec stepped onto the ice early Tuesday afternoon they were greeted by about 550 people, the majority of them from Island schools, cheering them on. “I love it. They look up to you and they all want your autograph,” said [...]

Written by Macklin Reid, Press StaffWednesday, 25 April 2012 05:58 Cutting road repairs by $300,000, back to its current year level of $1.2 million, the Board of Finance has approved sending voters a $3.8-million capital budget for next year. “I think it’s a bad decision,” Selectman Andy Bodner said of finance board’s cut to requested [...]

The current crop of teams at Montreal’s FounderFuel just got a pleasant surprise with news that they stand to win $150,000 in funding from the Business Development Bank of Canada (BDC). BDC said Tuesday its venture capital arm will issue up to $6-million in convertible notes over the next two years to graduates of the [...]

STAMFORD, Conn., April 24, 2012 /CNW/ – AGI-Shorewood, a leading global specialty-packaging manufacturer, today announced it is realigning the product offerings and optimizing the capabilities of its U.S. locations. (Logo: http://photos.prnewswire.com/prnh/20120409/LA83819LOGO) The company is upgrading one of its Heidelberg presses at its Indianapolis plant from a conventional curing press to a UV press to better [...]

MONTREAL, April 24, 2012 /CNW Telbec/ – The Business Development Bank of Canada’s venture capital arm will issue up to six million dollars in convertible notes over two years to graduates of FounderFuel, the Montreal-based startup accelerator program. Some 40 young enterprises from all over the country in the web, mobile, software as a service [...]

In the first official venture capital raise for a direct investment in bitcoin, CoinLab secured $500,000 today from seed stage Silicon Valley firm Draper Associates and others, including Seattle angel investor Geoff Entress, former assistant treasurer at Microsoft Jack Jolley, and familiar bitcoin investor Roger Ver. Jolley will also join the company as its [...]

MONTREAL, April 23, 2012 /CNW Telbec/ – Freeport Capital Inc., (CNSX: FAS) is pleased to announce that the company launched its ERP (Enterprise Ready Platform) Multi-OS Payment APP’s Platform at the ETA (Electronic Transaction Association) event in Las Vegas on April 17th to the 19th 2012 at the Mandalay Bay Convention Center. The event this [...]

If you currently have a free checking account at Capital One, it may not last much longer. Capital One has been sending letters to customers informing them that their free checking accounts will be converted on 6/5/2012. This Consumerist article describes the three types of checking accounts being offered. The Consumerist reader was angered by [...]

Social capital is a powerful resource for individuals and communities.  For individuals embedded in dense social networks, these networks and the attendant norms of trust and reciprocity strongly shape individuals’ ability to land jobs, earn higher salaries, and be happier and healthier.  But, even for those not in the networks, having neighbors who know and [...]

TORONTO, April 20, 2012 /CNW/ – A hearing has been scheduled before a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) to consider whether the panel should accept a Settlement Agreement entered into between staff of IIROC, Trapeze Capital Corp., Herbert Abramson and Randall Abramson. The Agreement concerns conduct that Trapeze Capital [...]

By Stephen Fidler Argentina’s decision to renationalize its national oil company, YPF SA, is not a break with its past but a continuation of the country’s love-hate relationship with foreign–which has always meant mainly European–capital. The privatization of the loss-making, debt-laden YPF in 1993 was taken as a symbol that Argentina was again open to [...]

Leaf through General Electric Co.’s latest annual report and you see jet engines, locomotives and power turbines. Don’t bother looking for credit cards or stacks of mortgage-backed securities. Yet those financial holdings still are in investors’ minds, even if the danger posed during the financial crisis by the company’s financial arm, GE Capital, now largely [...]

Jamie Golombek  Apr 21, 2012 – 7:00 AM ET | Last Updated: Apr 19, 2012 1:35 PM ET How much tax, if any, should we pay on capital gains? This question has received renewed attention recently in light of the discussions south of the border regarding whether taxes should be raised on the wealthiest one [...]

Jamie Golombek  Apr 21, 2012 – 7:00 AM ET | Last Updated: Apr 19, 2012 1:35 PM ET How much tax, if any, should we pay on capital gains? This question has received renewed attention recently in light of the discussions south of the border regarding whether taxes should be raised on the wealthiest one [...]

There are a lot of discussions about dangers of investing in mREITs such as Annaly Capital Management (NLY). Many of these discussions focus on the fact that U.S. Federal Reserve might increase short term interest rates starting 2014, and that this company’s profits will suffer seriously if/when that happens. According to this point of view, [...]

By MOHAMED SAEED The Associated Press KHARTOUM, Sudan — A Muslim mob has set ablaze a Catholic church frequented by Southern Sudanese in the capital Khartoum, witnesses and media reports said on Sunday. People cheer during President Omar al-Bashir’s speech in Khartoum, Sudan, Friday, April 20, 2012. Sudan said Friday its forces drove South Sudanese [...]

Johnson & Johnson (JNJ) shares have declined recently and that is giving investors an opportunity to buy this blue chip stock at a level that could reward long-term investors. The company has a variety of healthcare and consumer products which include Listerine, Motrin, Band-aid, Reach, Splenda, Tylenol, Lubriderm, Sudafed, etc. Some of the recent weakness [...]

By YUKA HAYASHI TOKYO—As the fortunes of Asia’s two largest economies diverge, Chinese companies are stepping up acquisitions in Japan—a trend likely to accelerate as it relies on China’s growing wealth to help rebuild Japan’s businesses. Over the past several months, Chinese companies have stepped in to save a string of Japanese companies that were [...]

New York-based long-only hedge fund company Cantillon Capital Management, founded in 2003 by Munich-born William von Mueffling, manages over $5 billion in assets, including $2.05 billion in 13-F assets as per its latest Q1 (March 2012) SEC filing. Before founding Cantillon, Mr. von Mueffling was a star at Lazard Asset Management where he made a [...]

As part of our process, we perform a rigorous discounted cash-flow methodology that dives into the true intrinsic worth of companies. In Stericycle’s (SRCL) case, we think the firm is fairly valued at $68 per share, significantly higher than where it is currently trading. For some background, we think a comprehensive analysis of a firm’s [...]

A problem in Washington is that people who specialize in particular fields are tempted to exaggerate the importance of their issues. To cite a couple of examples: People who work on monetary policy think their issue is most important, and you can understand why after watching this George Selgin video. People who [...]

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, April 13, 2012 /CNW/ – Tricon Capital Group Inc. (TSX: TCN) (“Tricon” or the “Company”) today announced that it has closed a separate investment account for approximately US$150 million (the “Transaction”) with a large Canadian institutional investor to support the [...]

BURNABY, BC, April 12, 2012 /CNW/ – Legend Power Systems Inc. (TSX.V: LPS) (“Legend Power” or the “Company”) is pleased to announce that, at the annual general meeting of shareholders of the Company held on March 29, 2012 and reconvened on April 12, 2012 after an adjournment (the “Meeting”), each of Randy Buchamer, Douglas Blakeway, [...]

David Driscoll is partner with Toron Capital Markets. His focus is on global equities. Top Picks: AmerisourceBergen ABC-N Amerisource is in the logistics business for the pharmaceutical companies. It packages and delivers drugs and instruments to hospitals and doctors offices. I like it because the returns on equity and capital are large and, compared to [...]

VANCOUVER, April 11, 2012 /CNW/ – Zimtu Capital Corp. (TSXV: ZC) (FSE: ZCT1) (the “Company” or “Zimtu”) is pleased to announce that the Company and three prospecting partners have signed an agreement with Big North Graphite Corp. (TSXv: NRT) (“Big North”) whereby Big North can earn a 100%-interest in the Grand Lac Du Nord Graphite [...]

After the bell on Tuesday, Annaly Capital Management released its first quarter market commentary in which management discusses a number of important economic and policy issues. Importantly for mortgage REIT investors, Annaly discusses prepayments. As a levered investment vehicle, Annaly earns a spread between short-term borrowings and longer term lending. Maintaining a high spread is [...]

Based in Los Angeles, California, Oaktree Capital Group (proposed OAK) scheduled a $495 million IPO with a market capitalization of $6.6 billion at a price range mid-point of $44 for Thursday, April 12, 2012. (S-1) Eight IPOs are scheduled for this week. The full IPO calendar is here. Manager, Joint Managers: Goldman, Sachs; Morgan Stanley. [...]

Karen MacRury-Sweet, director of heart health and critical care, discusses some of the plans that Capital Health will have in place in the event of a strike. Standing next to Sweet are Barbara Hall, vice-president of person-centred medicine, and chief of surgery Dr. David Kirkpatrick. (TED PRITCHARD / Staff) Emergency services will remain in the [...]

City of Powell River council gave early approval to a number of capital projects at the April 5 meeting, including funds to extend the seawalk.Council approved spending $100,000 to connect the new section of the south harbour to the Wharf at Westview by building a seawalk along the shoreline. As well, it approved $20,000 for [...]

Business Wire 04/10/12 – 04:05 PM EDT AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE: AXS) today announced the final results of its tender offer for any and all of its outstanding 7.50% Series B Preferred Shares, par value $0.0125 per share and liquidation preference $100.00 per share (the “Series B Preferred Shares”), which expired at [...]

JUNEAU — The Senate unveiled its $2.6 billion capital budget over the weekend, a goody-laden bill that includes more than $380 million in earmarked projects for the Anchorage area — but nothing for the Knik Arm bridge and only a portion of the amount sought for Anchorage port construction. The bill was released at a [...]

TORONTO, April 10, 2012 /CNW/ – Counsel Corporation (“Counsel”) (TSX: CXS) announced today that its subsidiary, Street Capital Financial Corporation (“Street Capital”), a residential mortgage lender, is entering the near prime segment of the Canadian mortgage market with the introduction of its new Street Options Program. Near prime is a segment of the mortgage credit [...]

BELLEVILLE, ON, April 10, 2012 /CNW/ – Bioniche Life Sciences Inc. (TSX: BNC) (ASX: BNC), a research-based, technology-driven Canadian biopharmaceutical company, today announced that it has closed a US$20 million financing from investment funds managed by U.S.-based Capital Royalty L.P. (Capital Royalty). The funds have been transferred to Bioniche, net of a $200,000 financing fee. [...]

By JEFF BENNETT French tire maker Michelin is breaking ground on a new North American tire plant that likely will make South Carolina the tire-making capital of the U.S. by next year. On Tuesday, Michelin disclosed it would invest $750 million to build a new factory in Anderson County, S.C., and expand an existing Lexington, [...]

On April 9, Greek marine transportation services company DryShips Inc (DRYS) announced that it would sell 9 million common shares of its partially spun-off subsidiary Ocean Rig UDW, Inc. (ORIG) in a public offering. This amounts to a rough 9% of the parent company’s position, which would drop its ownership down to about 64% in [...]

Business Wire 04/09/12 – 07:42 PM EDT Tortoise Capital Resources Corp. (NYSE: TTO) today announced its financial results for the first quarter ended Feb. 29, 2012, on Form 10-Q filed April 9, 2012. Highlights First quarter distribution of $0.11 with guidance of no less than $0.44 for 2012 TTO book value per share of $10.37 [...]

TORONTO, April 9, 2012 /CNW/ – First Capital Realty Inc. (“First Capital Realty” or the “Company”) (TSX: FCR) invites you to participate in its live conference call with senior management announcing the Company’s first quarter results on Tuesday, May 8, 2012 at 10:00 a.m. (ET). First Capital Realty’s financial statements and MD&A for the quarter [...]

Along with painted eggs, masses of pastelled plasticy tinsel and bunnies with missing chocolate ears, the White House’s annual Easter Egg Roll has become a tradition for more than 35,000 families each year.I, for one, had no idea the First Family’s been hosting this Easter celebration for 134 years and I bet there’s no better [...]

Business Wire 04/08/12 – 04:46 PM EDT Great Wolf Resorts, Inc. (NASDAQ: WOLF) today announced that it has received an unsolicited letter from KSL Capital Partners proposing to acquire Great Wolf for $7.00 per share in cash, subject to certain conditions, including due diligence and certain conditions related to debt waivers. Great Wolf’s Board of [...]

JUNEAU — The Senate unveiled its $2.6 billion capital budget over the weekend, a goody-laden bill that includes more than $380 million in earmarked projects for the Anchorage area — but nothing for the Knik Arm bridge and only a portion of the amount sought for Anchorage port construction. The bill was released at a [...]

Homebuyers this year are in for much better advantages than prospective buyers in the past. This is because the market in homes now enjoys lower rates and prices. If you’re thinking about making your first purchase this year, then you’re in the right track. And Seckel Capital Mortgages will help you through the process by [...]

Recently, the Opportunities for the Majority (OMJ) Initiative of the Inter-American Development Bank hosted Daniel Izzo, co-founder and partner of Vox Capital, Brazil’s first impact investing venture capital firm, which focuses on high potential businesses that serve the Brazilian low income population through products and services with the potential to improve their [...]

Good news for residential mortgage-backed securities (RMBS) REITs and those of us who love them. Just passed into law on April 4, 2012 when signed by President Obama, the STOCK (Stop Trading on Congressional Knowledge) Act is meant to address insider trading by members of Congress – rather ridiculous that this had to become an [...]

SHUTTERSTOCK Report an error If – and when – a new casino comes to Ottawa, it will most likely be run by the private sector. Just think about it. A flashy downtown casino run by Caesars Entertainment! It could happen. The new approach is part of the Ontario Lottery and Gaming Corporation’s plans to “modernize” [...]

/NOT FOR DISSEMINATION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ EDMONTON, April 5, 2012 /CNW/ – Capital Power Corporation (TSX: CPX) (“Capital Power”) and EPCOR Utilities Inc. (“EPCOR”) announced today that EPCOR has completed its sale of 9,775,000 common shares of Capital Power at an offering price of $23.55 per common [...]

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, April 5, 2012 /CNW/ – (TSXV: WNC.P) Wand Capital Corporation (the “Corporation”), a capital pool company (as defined in Policy 2.4 (the “CPC Policy”) of the TSX Venture Exchange Inc.’s (the “TSXV”) Corporate Finance Manual), is pleased to announce [...]

By Ike Brannon Both Republicans and Democrats increasingly agree that it is high time we reform the tax code — and that’s the extent of the agreement. Republicans aim to keep marginal tax rates down, in order to reduce the code’s drag on economic growth. Meanwhile, Democrats first and foremost want the [...]

PR Newswire 04/04/12 – 09:15 AM EDT NEW YORK, April 4, 2012 /PRNewswire/ – Venture capital investment trends will make a major shift by 2015 as investors are looking outside their home borders-increasing their focus on ventures in China and India, according to Ernst & Young’s Global Venture Capital insights and trends report 2011. The global [...]

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. VANCOUVER, April 3, 2012 /CNW/ – Zimtu Capital Corp. (TSXv: ZC; FSE: ZCT1) (the “Company” or “Zimtu”) is pleased to announce a non-brokered private placement of 2,500,000 [...]

By Deborah Gage Cloud computing, mobile devices, social networks and other hot Internet technologies are producing waves of new start-ups, but for many of these young companies, venture capital is the wrong answer, at least in the beginning. So said a panel of investors and entrepreneurs who spoke last week at Microsoft in Silicon Valley [...]

Wenzhou City (yellow) in Zhejiang (Photo credit: Wikipedia) In China, reforms often come about from the ground up. Over the years, the country has shown an uncanny knack for taking what is otherwise an illegal activity according to its own laws and regulations, experimenting with it, legitimizing it, and then incorporating it [...]

Mortgage REIT stocks came under significant pressure last October due to a variety of concerns. These included beliefs that the European debt crisis would spin out of control and dry up funding for mortgage REIT companies, and fears that the Obama Administration would announce a major mortgage refinance program. Another concern arose when the SEC [...]

Everything was moving along on an even keel over the last few days and the negative nabobs had other authors in their sights. I have not written an article about Annaly Capital (NLY) in at least 14 minutes. Actually, there was a sort of quasi, semi, sort of almost positive article written by a fellow [...]

WASHINGTON – Businesses ordered more machinery and equipment from U.S. factories in February, a signal that many are investing in their companies despite the expiration of a tax credit. Orders to U.S. factories increased 1.3 per cent in February, the Commerce Department said. That offset a similar decline in January. Demand for so-called core capital [...]

/Not for distribution to U.S. Newswire services or for distribution in the United States./ TORONTO, April 3, 2012 /CNW/ – Tricon Capital Group Inc. (TSX: TCN) (“Tricon” or the “Company”) today announced that it has made an $11.2 million equity commitment to support the acquisition and development of a 60 acre mixed-use development site located [...]

TORONTO, April 3, 2012 /CNW/ – Boys and Girls Clubs of Canada (BGCC) today announced that easyhome Ltd. and 7-Eleven Canada have signed on as national checkpoint sponsors for BGCC’s first national fundraising event – Capital One Race for Kids. The partnerships will see both easyhome Ltd. and 7-Eleven Canada each own one of ten [...]

Throughout 2010 and 2011 Mortgage REITs, especially Annaly Capital (NLY), performed extremely well compared to stocks in the broader market. The company’s larger than life dividends and steadily increasing performance has drawn a lot of attention to this sector. One of the main reasons for the outperformance that has been seen in this sector is [...]

TORONTO, April 2, 2012 /CNW/ – Capital International is taking a new approach to emerging markets investing, introducing a portfolio that seeks to offer growth opportunities while dampening volatility. Capital International – Emerging Markets Total OpportunitiesSM is unlike any existing portfolio offered in Canada. It has the flexibility to invest in a broad range of [...]

TORONTO, April 2, 2012 /CNW/ – Women in Capital Markets (WCM), a non-profit organization that promotes the advancement of women in the Canadian financial services industry, today announced the recipients of the inaugural WCM Return to Bay Street Award – Sheralyn Mills and Catherine Staveley. This new WCM award, generously sponsored by BMO Capital Markets’ [...]

The other day I was reading an article at Seeking Alpha about Annaly Capital (NLY). The author seemed to draw a negative conclusion and he got ripped pretty good in the comments. I would note that the author seemed to misread a couple of metrics and seemed to not fully understand a few others (for [...]

34 JUNO AWARDS PRESENTED TO THE YEAR’S TOP MUSICAL ARTISTS AT THE 2012 JUNO GALA DINNER & AWARDS OTTAWA, March 31, 2012 /CNW/ – It was a night of big wins and even bigger talent as 1600 Canadian music industry elite gathered to toast thirty-four JUNO Award winners at the 2012 JUNO Gala Dinner & [...]

Martin Patriquin Randy Keeper is sick of building coffins. A wiry fellow who looks younger than his 49 years, Keeper is proud of his job as a carpenter and crew leader, saying he’s built 25 houses from scratch over 17 years in Pikangikum, the reserve in northwestern Ontario where he has lived his whole life. [...]

/Not for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States./ TORONTO, March 29, 2012 /CNW/ – Pacific Orient Capital Inc. (TSXV: AAQ.P) (“POC”) is pleased to announce that it has entered into a definitive share exchange [...]

TORONTO, March 29, 2012 /CNW/ – Arrow Capital Management Inc. (“Arrow”) is pleased to announce that the East Coast Investment Grade Income Fund (the “Fund”) has filed a preliminary prospectus in connection with its offering of trust units. Receipt for the preliminary prospectus has been issued by the securities commissions and regulatory authorities in each [...]

Do you want to start your own business? I’m sure you do, because I have yet to meet somebody who doesn’t want their own business. Unfortunately, one of the biggest challenge that entrepreneurs have to face is finding the money to start their venture. Time and again, the lack of business capital has become one [...]

For those with a business, Capital One is now offering up to $450 total bonus with their Small Business Rewards Checking account, personal checking account, and Spark Business credit card combo bonus. In order to get the first 30,000 bonus miles(worth $300), you must open Small Business Rewards Checking account + Spark business credit card [...]

[2 min 25 sec]Download March 28, 2012 Pope Benedict is in Cuba’s capital Havana for Wednesday’s morning’s open-air mass that is expected to attract huge crowds. On Tuesday, the pope made a pilgrimage to the country’s most revered place: the Basilica of the Virgin of Charity. Transcript Copyright © 2012 National Public Radio®. For personal, [...]

THE Big Society was once David Cameron’s warmest and fuzziest idea—that community spirit can solve social problems better than the state. Ministers rarely mention it now. Yet in early April the slogan is being backed with cold, hard cash, via the launch of Big Society Capital (BSC), a social investment bank that will eventually be [...]

NOT FOR DISSEMINATION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES EDMONTON, March 27, 2012 /CNW/ – Capital Power Corporation (TSX:CPX) (“Capital Power”) and EPCOR Utilities Inc. (“EPCOR”) announced today that EPCOR has entered into an agreement with a syndicate of underwriters, co-led by TD Securities Inc. and BMO Capital Markets as [...]

Michael Sinanian, VentureBeat Contributor This question may seem to have a simple answer, but what entails is actually a more in-depth discussion about economic geography. It will take us through some basics about industrial cities and regions, getting our definitions and parameters down. We’ll also go through some history of the San Francisco Bay [...]

Browse our selection of credit cards issued by Capital One. Review Capital One cards and fill out an online credit card application today. Miles Credit Cards by Capital One The following credit cards are miles cards from Capital One. Compare credit cards and then apply online for the card that is right for you.   [...]

$150 million to support Québec’s biotechs throughout their stages of development MONTREAL, March 26, 2012 /CNW Telbec/ – Teralys Capital (“Teralys”) is pleased to announce an investment of $35 million in two new funds managed by Lumira Capital: Lumira Capital II and Merck Lumira Biosciences Fund. This investment will shape Québec’s life sciences ecosystem by [...]

EDMONTON, March 26, 2012 /CNW/ – Medwell Capital Corp. (TSXV: MWC) today announced the appointment of Tami Reich, CMA, to the position of Chief Financial Officer. Ms. Reich will take over from Brent Johnston as CFO on April 2, 2012. Ms. Reich was most recently the Chief Operating Officer at BAMM Ventures Inc. (BAMM), an [...]

Free The Children launches speaking tour thanks to $100,000 from Canada’s second largest credit union VANCOUVER, March 26, 2012 /CNW/ – Forty schools across B.C. will be hosting dynamic Free The Children youth outreach speakers this year in a Coast Capital Savings sponsored campaign aimed at getting young people engaged in active citizenship at both [...]

TORONTO, March 27, 2012 /CNW/ – Asher Resources Corp. (“Asher” or the “Company”) (TSXV: ACN) is pleased to announce that it has retained First Canadian Capital Corp. to provide Investor Relations services to further raise investor awareness and attract investment for Asher. The term of the Investor Relations engagement is for one year at a [...]

A woman walks past Helsinki cathedral March 4, 2011. (Reuters/Yves Herman) Report an error HELSINKI -  Finland’s capital comes alive as soon as the snow begins to melt and residents start venturing outdoors again, cafes spill onto sidewalks and the city’s modernist architecture sparkles. While cross-country ski trails and saunas offer [...]

Digg Digg Raj is an engineer from Bangalore, has sold his land in native place for Rs. 75 lacs and wondering what to do with that money. Assumes he owns all the money and there is no liability for him to pay the tax if he has any profit for that transaction. He is not [...]

Supposedly, the next big thing in financial tools is automated portfolio management – getting a little slice of the billions of dollars sitting in people’s IRAs using mostly computer-generated guidance and less human hand-holding. A recent Slate article discussed three start-ups in this niche: MarketRiders, Betterment, and Personal Capital. I’ll look at each of them [...]

BAMAKO, MALI . Soldiers looted gas stations and hijacked cars in the capital here Friday, 48 hours after a military coup, and the African Union said it had assurances that President Amadou Toumani Toure was safe. The AU suspended Mali’s membership after the coup, which has left the West African nation in limbo and jangled [...]

The New American Academy, serving poor non-white  youth in Crown Heights, Brooklyn aims to reinvent education, but it may well be a strong contender for  building social capital as well. Joel Klein, Former Chancellor,New York City Department of Education has written: “The New American Academy [NAA] is an innovative, potentially very powerful way to provide education to [...]

The old adage, “Build a better mousetrap, and the world will beat a path to your door,” is no longer valid, and may never have been true in the first place. There are literally thousands of inventions and new products sitting in garages, workshops, and laboratories across the country, and they will never see the [...]

Founded in 1988 by Richard Fairbank and Nigel Morris, Capital One is one of the primary reasons why you see credit cards marketed so heavily today.  In the mid 1990′s, Capital One made a strong push towards print and television advertising. I see a commercial with Jimmy Fallon or Alec Baldwin promoting Capital One credit [...]

Photo submitted TEAM YUKON – Members of Tennis Yukon get together for a photo while competing at the Capital Cup in Juneau over the weekend. The local club sent a record 19 members to the tournament. Photo courtesy of STACY LEWIS Nineteen local tennis players were competing in Juneau this past weekend for the Capital [...]

HONG KONG, March 23, 2012 /CNW/ – PACRIM INTERNATIONAL CAPITAL INC. (PCN:TSX) (“Pacrim”) announced on December 12, 2011 that it would be late in filing its audited annual financial statements for the fiscal year ended September 30, 2011 and related Management’s Discussion & Analysis, Annual Information Form and CEO and CFO certification of filings (collectively, [...]

Kanata South residents can make a difference in our neighbourhood by giving it a clean sweep this spring. The City of Ottawa and Tim Hortons have launched the annual Spring Cleaning the Capital Campaign and I am encouraging everyone in our community to pitch in and help clean up! Last spring, our ward won the [...]

Tweet Last Reviewed: 3/16/2012 Today we’ve pitted the Capital One Venture Rewards Card versus his brother, the Capital One VentureOne Rewards card. The core difference between these two credit cards is that the Capital One Venture card offers more rewards, but comes with an annual fee. As you’ll see below, there are certain cases in [...]

The proposed sale of ING Direct, one of North America’s first online savings banks to Capital One, has been unanimously approved by federal regulators. Some reports in the news have suggested that consumer advocates and financial lawmakers had been debating the pros and cons of allowing the creation of a so called “megabank”. During an [...]

Not for distribution to U.S. Newswire services or for distribution in the United States. TORONTO, March 22, 2012 /CNW/ – Tricon Capital Group Inc. (TSX: TCN) (“Tricon” or the “Company”), one of North America’s leading residential real estate investment companies, today announced a final close of approximately $186 million for its latest Canadian fund Tricon [...]

Not for distribution to U.S. Newswire services or for distribution in the United States. TORONTO, March 22, 2012 /CNW/ – Tricon Capital Group Inc. (TSX: TCN) (“Tricon” or the “Company”), one of North America’s leading residential real estate investment companies, today announced a final close of approximately $186 million for its latest Canadian fund Tricon [...]

Executives Marc Rappaport – Alpine Funds, Head of Sales Jill Evans – Portfolio Manager, Alpine Total Dynamic Dividend Fund (AOD) Kevin Shacknofsky – Portfolio Manager, Alpine Global Dynamic Dividend Fund (AGD) Analysts Alpine Global Dynamic Dividend Fund (AGD) Alpine Total Dynamic Dividend Fund and Alpine Global Dynamic Dividend Update Call March 21, 2012 4:15 PM [...]

Enlarge Image In this Thursday, March 8, 2012 photo, a stork nests on top of a pillar at the Basilica, the main administrative building of Volubilis, Morocco’s premier Roman ruin near Meknes, Morocco. (AP Photo/Abdeljalil Bounhar) MEKNES, Morocco – Visitors to Morocco usually head straight for the beaches or plunge into the winding alleys of [...]

/NOT FOR DISTRIBUTION OVER U.S. NEWS WIRE SERVICES OR DISSEMINATION INTHE UNITED STATES/ TORONTO, March 21, 2012 /CNW/ – Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX: FC) today announced that it has closed its previously announced offering of 1,340,000 common shares (the “Shares”) of the Corporation at a price of $13.45 per Share and [...]

EDMONTON, March 21, 2012 /CNW/ – Medwell Capital Corp. (TSX-V: MWC) today announced financial and operational results for the year ended December 31, 2011. 2011 Highlights: Net income from continuing operations for Q4 2011 of $0.9 million. Restructuring efforts have substantially reduced costs and increased contract revenues Completed an arrangement agreement (“Arrangement”) to invest $10 [...]

Few visit Morocco’s handful of 2,000-year-old sites, but they are well worth the side trip, not least because the ancient city planners had a knack for picking the most stunning locations for their towns. In addition, the lack of tourists gives them a haunted undiscovered feel. The best sites — Volubilis and Lixus — are [...]

There are many tasks every small business owner must handle personally, but none is more CEO-specific than allocation of capital. Because the only thing more precious to a small business than capital is time.  Cash management is also a CEO-critical task, but operating cash is not capital. Cash is for expenses and is measured daily, [...]

Executives Bill Marth – Chief Executive Officer Analysts Doug Tsao – Barclays Capital Teva Pharmaceutical Industries Limited (TEVA) Barclays Capital Global Healthcare Conference March 13, 2012 4:15 PM ET Doug Tsao – Barclays Capital So, good afternoon, everybody. My name is Doug Tsao. I cover U.S. Spec Pharma here at Barclays Capital. With us now [...]

In an article I published a month ago, on February 21st, I called the beginning of the end for mREITS. In a follow-up article on the subject, I specifically recommended to short Annaly Capital Management (NLY). I specifically stated that: The revenues of NLY and CIM have been shrinking dramatically, which only makes the current [...]

Earlier today, a leading European venture capital firm and two of the largest drugmakers announced the creation of a new $200 million fund devoted to investing in early-stage biotechs with just one or two compounds. The project, which will focus mostly on Europe, will be led by Index Ventures with executives from Johnson & Johnson [...]