Posted on Wednesday, 20th July 2011 by James Martin
RBC has filed preliminary prospectus (available on SEDAR here) to introduce eight new ETFs. All of RBCs ETFs will be Corporate Bond ETFs with target dates ranging from 2013 to 2020. For instance, the RBC Target 2020 Corporate Bond ETF will replicate the performance of a portfolio of Canadian dollar-denominated investment grade corporate bonds that [...]
Tags: Bond Etfs, Corporate Bond, Corporate Bond Etfs, Etfs
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Posted on Tuesday, 19th July 2011 by James Martin
We all watched in horror and morbid fascination as the markets crashed and the foreclosures started piling up. People had borrowed more than they could pay back, never once dreaming the payments would jump to something well outside their means. Credit card debt is out of control and loan default rates are through the roof. [...]
Posted on Tuesday, 19th July 2011 by James Martin
Raw material costs can also hurt the company’s bottom line. The cost of plastic resin, the main material in most of Mattel’s toys, has risen dramatically due to its key component, petroleum. In addition to making plastic resin more expensive, rising oil costs also increase shipping and transportation costs from its manufacturing plants in Asia [...]
Tags: Mat, Mat Smashes
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Posted on Tuesday, 19th July 2011 by James Martin
JUPITER, Florida (July 15, 2011) — Weiss Ratings, an independent rating agency of U.S. financial institutions and sovereign debts, has downgraded the debt of the United States government from C to C-minus. The C-minus rating for the U.S. reflects a continued deterioration in the weaknesses cited in the Weiss Ratings release of April 28, 2011, [...]
Tags: Debt, United States, Weiss Ratings
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Posted on Tuesday, 19th July 2011 by James Martin
Find out how to invest and protect your investments in this slippery sector. During the oil crisis of the 1970s and the rapid rise of oil prices during the early part of the 21st century, concerns surrounding the use and availability of this non-renewable resource greatly increased in the minds of many. One theory that [...]
Tags: Oil, Oil When
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Posted on Monday, 18th July 2011 by James Martin
It’s easy to get confused by the daily deluge of information. For the past several weeks, the news on global economies and financial markets has been especially volatile … Greece was on default watch. But after ramming through more austerity promises, they were hailed to have dodged the bullet. Then Italy was put in the [...]
Posted on Saturday, 16th July 2011 by James Martin
Today’s financial tip is be sure and read the fine print. I’m sure you’ve probably heard that tip before, but let me give you a real life example, a real life story, almost a horror story of why you need to read the fine print. I was meeting with some folks that were teachers, and [...]
Tags: Financial Tip, Fine
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Posted on Friday, 15th July 2011 by James Martin
Todays guest post tackles a sensitive question in estate planning: when to disburse an inheritance to heirs. The post is courtesy of Mark Goodfield, a professional accountant who writes the The Blunt Bean Counter Blog. Mark covers accounting, tax and wealth management issues on his blog and if you havent checked out his site, please [...]
Tags: Estate Planning, Planning
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Posted on Thursday, 14th July 2011 by James Martin
“Weiss Ratings is very close to downgrading the sovereign debt rating of the United States one more notch to a ‘C –’, which will put it just one notch above junk,” Martin Weiss, President of Weiss Ratings told CNBC on Wednesday. “In April, Weiss Ratings gave the U.S. sovereign debt rating a ‘C’. A ‘C’ [...]
Tags: Close, Debt Rating, Sovereign Debt, Sovereign Debt Rating
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Posted on Thursday, 14th July 2011 by James Martin
For the most recent quarter, Alcoa reported net income of $322 million, or 28 cents per share on revenue of $6.59 billion. A year ago, Alcoa posted net income of $136 million, or 13 cents per share, on revenue of $5.19 billion. Excluding one-time items, the company’s EPS came in at 32 cents per share. [...]