Starwood Property Trust Inc. (STWD) and F.N.B. Corporation (FNB)
CENTERSQUARE INVESTMENT MANAGEME bought a fresh place in Starwood Property Trust Inc. (NYSE:STWD). The institutional investor bought 903.3 thousand shares of the stock in a transaction took place on 12/31/2019. In another most recent transaction, which held on 12/31/2019, THE VANGUARD GROUP, INC. bought approximately 543.3 thousand shares of Starwood Property Trust Inc. In a […]
Hilltop Holdings Inc. (HTH) and New Gold Inc. (NGD)
WELLINGTON MANAGEMENT CO. LLP bought a fresh place in Hilltop Holdings Inc. (NYSE:HTH). The institutional investor bought 484.0 thousand shares of the stock in a transaction took place on 12/31/2019. In another most recent transaction, which held on 12/31/2019, HILLCREST ASSET MANAGEMENT LLC bought approximately 461.0 thousand shares of Hilltop Holdings Inc. In a separate […]
$3B expansion at Tilbury
FortisBC has big plans for expansion of Tilbury Island LNG plant FortisBC is still putting the finishing touches on a $400 million expansion of its Tilbury Island LNG plant, but is already pushing ahead with a second phase expansion. When complete, the $3 billion expansion would mean the Tilbury Island plant would produce more LNG […]
CN calls back laid off staff
CN employees heading back to work as blockades wind down Canadian National Railway Co. has started to call back most of the 450 workers temporarily laid off last month, when blockades brought the company’s eastern network to a near standstill. The blockades sidelined more than 1,400 freight and passenger trains and, according to analyst estimates, […]
Paper bill a necessity?
CRTC to clarify whether wireless providers must offer paper bills Canada’s telecom regulator is set to rule this week on whether mobile service providers should be compelled to offer some or all of their customers paper invoices, at no charge. Two advocacy groups want the Canadian Radio-television and Telecommunications Commission to force Telus-owned Koodo Mobile […]
Incentives for industry EVs
Tax writeoffs coming for off-road electric cars, PM tells miners Canada is making off-road electric vehicles and automotive equipment eligible for immediate tax writeoffs in a bid to encourage Canadian companies to buy them, Prime Minister Justin Trudeau said Monday. Trudeau was in Toronto speaking at the Prospectors and Developers Association of Canada conference, where […]
If These 3 Things Apply to You, You Must Postpone Retirement
Many people dream of retiring early, or at least on time. But if you kick off that milestone unprepared, you’ll regret pulling the trigger. And while delaying retirement may not be something you want to do, it’s something you’ll have to do if these three scenarios apply to you. 1. You’re short on savings You need independent […]
There are no magic fixes for Social Security
In this campaign season, fixing Social Security is once again emerging as a major topic. As figure 1 shows below, the cost of the program as a percentage of payrolls is higher than revenues. In the short term, the gap can be filled by drawing down the trust fund that was built up after the […]
The problem with using the 4% rule to plan for retirement
Here’s a quick calculation that can show you whether your finances are ready for you to retire: Take your last 12 months of spending and multiply it by 25. If your investment portfolio exceeds the product, you’ve crossed the threshold of financial freedom. If not, keep socking away until you get there. This quick math […]
The Next Revolution In Personal Finance: The Financial Feed
OBSERVATIONS FROM THE FINTECH SNARK TANK Thank you for pulling yourself away from your Facebook feed, your Twitter feed, your LinkedIn feed, your Instagram feed, your Snapchat feed, and your [what-else-am-I-missing?] feed in order to spend the three minutes it will take to read this. But I’ve got great news for you. You’ve got a […]