On October 27th, Bank of Montreal (BMO) announced several enhancements; Canadian Investors can now add their non-managed, rationally self directed equity and fixed income investments to their BMO Nesbitt Burns Architect Account. For the first time, clients will be able to have both flexibility and freedom in building their financial future as they consolidate moth managed and client-directed investments into a single investment solution. The Architect program already simplifies investing by allowing Investment Advisors to combine: • Separately managed accounts • Mutual funds • Exchange traded funds (ETFs) • Alternative investment products Through significant account consolidation, the Architect Program provides BMO clients one complete ...
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For those of you non-Canadians who do not yet know what the “loonie” is… its the world’s best-performing major currency this year - the Canadian dollar. It rose as high as $1.0717 (U.S.) Friday from Thursday’s close of $1.0512. It settled Friday’s session at $1.0704, up 1.92 cents. The currency has soared 25-percent this year against the greenback — and almost 7 per cent in the past month alone. The gains are most striking against the U.S. dollar, but the loonie is also stronger against every single major world currency this year, including the euro, the yen and the Brazilian real. The CAD is ...
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Best Buy Canada … maybe not the “best buy” after all - well, at least not in Canada. I was looking for the “best buy” on certain electronics this weekend, and found some interesting information for all Canadian shoppers. Let’s take a look at my shopping list: iPod Touch 16GB - $435.99 ; ($399.99 USD @ bestbuy.com) DVD Player - $69.99 ; ($54.99 USD…) GPS Device - $449.99 ; ($349.99 USD) 37′ LCD - $1299.00 ; ($999.99 USD) ————————————————- Total at BestBuy.ca - $2,256 CAD vs. Total at BestBuy.com - $1,805 USD Thats about a whopping $415 difference!.. and oh yeah, last time I ...
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Minera Andes (TSX:T.MAI, Stock Forum) responded Wednesday to reports that its joint venture partner in the San Jose Project, Hochschild Mining plc, had made "firm proposals" to the company for the acquisition of its 49% interest in the project or for the acquisition of all of Minera Andes' shares. Hochschild announced Tuesday that it was making an offer to acquire all of the outstanding common shares of MAI through an-all share transaction, offering 0.22 shares of Hochschild for each share of MAI implying a value of 62 cents for each MAI Share. The company also made an alternate proposal to acquire MAI's 49% ownership ...
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Stockhouse Canadian Small and Micro-cap Stock Report for Monday, February 9, 2009 TORONTO (SHfn) - A potential bidding war has some shareholders salivating Monday, while a healthcare stock popped on a possible buyout. Frontera Copper (TSX: T.FCC, Stock Forum) shares climbed 15% to 78 cents on Monday after Invecture Group, S.A. de C.V. said it is raising its formal take-over bid for the common shares of Frontera to 75 cents a share from 59 cents. As well, shares of Northstar Healthcare (TSX: T.NHC, Stock Forum) soared 52% to $1 as the owner and/or manager of ambulatory surgery centers in the United States reported that ...
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