Virgin Money shares priced at 283p, giving it a market capitalization of £1.25bn
Virgin Money flotation shares have been priced at the lower end 283p, thus giving the challenger bank a market capitalization of about £1.25 billion,...
Dow Chemical ups dividend and plans $5 billion share buyback
Dow Chemical Co., the world’s second-largest chemical manufacturer, raised its dividend and announced a planned $5 billion share buyback, which more than doubles its...
Rona posts 28.4 percent net profit increase, plans expansion
Rona Inc., the home improvements retailer, posted a third quarter net profit increase of 28.4% on Tuesday. After seeing its first rise in same-store...
Ontario exports rebound thanks to strong US economy
Ontario exports are set to grow by 7% in 2014 and 5% in 2015 thanks to a strong US economy, says a new report...
Sainsbury’s joins price war in fight for survival
Sainsbury’s posted a pre-tax loss of £290 million for the quarter ending September 27th, while at the same time announcing a £150 million additional...
Anti-Uber onslaught spreads across Canada to Calgary
In response to the rapid expansion of the Uber ride-sharing service, two Calgary taxi companies have joined forces with a number of others in Montreal,...
Benefit tourism clampdown legal, says European Court of Justice
Clamping down on benefit tourism – when unemployed European Union citizens move to another country solely to claim benefits – is legal, the European...
Payday loan price cap starts at 0.8% per day, says UK regulator
Payday loan firms will have an 0.8% per day price cap imposed by the Financial Conduct Authority to help make sure they do not...
Dow and S&P 500 surge to record highs, transportation and healthcare sectors soar
The Dow and S&P 500 surged to record highs on Monday, fueled by strong performance in the transportation and healthcare sectors and increased investor...
Canada housing starts in October cool slightly, says CMHC
Canada housing starts in October at 195,707 units were marginally lower than September’s 197,763, says Canada Mortgage and Housing Corporation (CMHC). The figures represent...