Financial

The second U.S. acquisition of a RIA in the past month is part of the company’s strategy to expand its wealth management platform and globalize the firm. [more]

VersaPay shareholders would receive C$2.70 per share for a total of approximately C$126 million on a fully diluted basis. [more]

As 2019 starts to draw to a close, investors will be assessing their portfolio performance. Results should be good as most major indexes in North America did well. Our December Seasonality Trends Report highlights what indexes/sectors are currently going-in/going-out of expected strength. [more]

Dealmaking last week covered the whole gamut from gas stations to retailers to gold miners, from online trading to ticket trading, and from champagne drinkers to cannabis smokers. [more]

Our Top Ten Portfolio performed well of late and regained the $600,000 level. Including dividends and trading profits, the Portfolio is up 20.4% YTD and exactly matches this year’s gain by the S&P/TSX Composite Index. We think that we should be able to do better than the general index. [more]

October traditionally marks the start of a seven month positive period for the general market. Of course, there are always exceptions. However, this year, October has been exceptional with the S&P 500 Index beginning the month of November at an all-time high. [more]

Only one week after PayPal announced cutting ties from Libra, several other partners from the 27 companies in the Libra Association including Ebay, Visa, Marcado Pago, Mastercard, and Stripe announced this week that they would also stop supporting Facebook’s Libra project. [more]

Quarterly results from the four largest U.S. banks (JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo) showed better than expected results as American consumers continued to support the economy. [more]