Freehold Royalties Ltd. is a dividend paying Canadian oil and gas stock based in Calgary. It owns mineral title lands in perpetuity. Its royalty interests are a major contributor to its operating and financial performance and are not subject to expenses such as operating and capital costs. Its assets generate income from crude oil, natural gas, natural gas liquids, and potash.We've upgraded Freeh...Read More
Image provided by the Government of Alberta.Canadian firefighters are trying to control a massive wildfire in northern Alberta, which has spread into the oil sands area, threatening several operations and keeping about 10% of production offline.As of Wednesday night, there were 63 fires burning in Alberta and 13 were considered to be out of control. They have prompted the shutdown of about 230,00...Read More
The Department of Defense and the National Guard are facing growing questions over why they spent millions of dollars on a promotional campaign to salute members of the military at professional football, baseball and basketball games around the country."So far everybody's just shocked to learn that this, that these feel-good moments are paid for by the U.S. taxpayer," Sen. Jeff Flake...Read More
The Department of Defense and the National Guard are facing growing questions over why they spent millions of dollars on a promotional campaign to salute members of the military at professional football, baseball and basketball games around the country."So far everybody's just shocked to learn that this, that these feel-good moments are paid for by the U.S. taxpayer," Sen. Jeff Flake...Read More
What if I told you there was a $70 billion tax that the poor pay the most. You'd probably say that isn't very fair. But that's exactly what the lottery is: an almost 12-figure tax on the desperation of the least fortunate…Researchers have found that the bottom third of households buy more than half of all tickets. So that means households making less than $28,000 a year are dishi...Read More
What if I told you there was a $70 billion tax that the poor pay the most. You'd probably say that isn't very fair. But that's exactly what the lottery is: an almost 12-figure tax on the desperation of the least fortunate…Researchers have found that the bottom third of households buy more than half of all tickets. So that means households making less than $28,000 a year are dishi...Read More
Bank of England officials are secretly researching the financial shocks that could hit Britain if there is a vote to leave the European Union in the forthcoming referendum.The Bank blew its cover on Friday when it accidentally emailed details of the project – including how the bank intended to fend off any inquiries about its work – direct to the Guardian.According to the confidential...Read More
Bank of England officials are secretly researching the financial shocks that could hit Britain if there is a vote to leave the European Union in the forthcoming referendum.The Bank blew its cover on Friday when it accidentally emailed details of the project – including how the bank intended to fend off any inquiries about its work – direct to the Guardian.According to the confidential...Read More
Conglomerates often get a bad rap for being a jack of all trades. But for investors seeking diversification, these multi-sector stocks can be just the ticket. That's the word from Edward Gardiner, a regular contributor to Investor's Digest of Canada and author of the book It Pays to Read the Boring Stuff: What the Ordinary Investor Needs to Know. And he says that rather than go out and buy a range...Read More
A collection of tech industry giants like Facebook, Google, Apple and Microsoft, as well as civil liberties organizations and Internet security experts, sent a letter to President Obama on Tuesday warning of the unintended consequences of any policy meant to weaken the encryption technologies that protect Internet communications.The White House has been weighing whether to mandate that companies u...Read More
A collection of tech industry giants like Facebook, Google, Apple and Microsoft, as well as civil liberties organizations and Internet security experts, sent a letter to President Obama on Tuesday warning of the unintended consequences of any policy meant to weaken the encryption technologies that protect Internet communications.The White House has been weighing whether to mandate that companies u...Read More
It was a lifetime ambition for 22-year-old Joseph Rivers to arrive in Los Angeles and become a big name in the music business.And he nearly made it…until a team of DEA agents put a stop to everything by snatching his life savings without even charging him with a crime.The aspiring businessman from the outskirts of Detroit had managed to scrape together $16,000 and was finally on the train to...Read More
It was a lifetime ambition for 22-year-old Joseph Rivers to arrive in Los Angeles and become a big name in the music business.And he nearly made it…until a team of DEA agents put a stop to everything by snatching his life savings without even charging him with a crime.The aspiring businessman from the outskirts of Detroit had managed to scrape together $16,000 and was finally on the train to...Read More
Last year, a city in North Texas banned fracking. State lawmakers want to make sure that never happens again.On Monday, Republican Gov. Greg Abbott signed a law that prohibits bans of hydraulic fracturing altogether and makes it much harder for municipal and county governments to control where oil and gas wells can be drilled. Similar efforts are cropping up in states including New Mexico, Ohio, C...Read More
Last year, a city in North Texas banned fracking. State lawmakers want to make sure that never happens again.On Monday, Republican Gov. Greg Abbott signed a law that prohibits bans of hydraulic fracturing altogether and makes it much harder for municipal and county governments to control where oil and gas wells can be drilled. Similar efforts are cropping up in states including New Mexico, Ohio, C...Read More
Credit Suisse analyst Anita Soni rates gold company stock Agnico Eagle Mines as likely to "outperform" its peers and she has set a 12-month price target on this top gold stock of $38USD a share. Eight other analysts surveyed by Investor's Digest of Canada also rate Agnico Eagle as a buy amongst the best gold stocks to invest in.Ammar Al-Joundi has spent the last 16 years shuttling between jobs at...Read More
Is cash still king? Based on data from the Federal Reserve Board, you might think so. The Fed routinely tracks M1, which covers cash plus checking deposits. In March, the cash component of M1 had a face value of $1.3 trillion, a record high.About $1 trillion of that $1.3 trillion is in $100 bills. Another $300 million is in denominations of $500, $1,000, $5,000 and even a gasp-provoking $10,000. (...Read More
Is cash still king? Based on data from the Federal Reserve Board, you might think so. The Fed routinely tracks M1, which covers cash plus checking deposits. In March, the cash component of M1 had a face value of $1.3 trillion, a record high.About $1 trillion of that $1.3 trillion is in $100 bills. Another $300 million is in denominations of $500, $1,000, $5,000 and even a gasp-provoking $10,000. (...Read More
In late 2013, Cisco chief executive John Chambers used a portentous phrase while telling analysts that sales in emerging markets were spiraling downward, forcing the networking equipment company to cut its three- to five-year revenue growth target: "We're the canary in the coal mine."… Cisco was just the latest victim of globalization, the tantalizing but perilous business prin...Read More
In late 2013, Cisco chief executive John Chambers used a portentous phrase while telling analysts that sales in emerging markets were spiraling downward, forcing the networking equipment company to cut its three- to five-year revenue growth target: "We're the canary in the coal mine."… Cisco was just the latest victim of globalization, the tantalizing but perilous business prin...Read More