Canada’s market for initial public offerings stalled in second-quarter 2012, says PwC’s quarterly survey of Canadian equity markets. In the past few months, only two new issues – both real estate trusts with a total value of $185 million – were introduced on the TSX. Read: REITs offer long-term stability The 32 new issues on […]
Canada will keep its exchange. So said panelists at the Canadian Equity Market conference, presented by Ontario Securities Commission and IIROC in Toronto today.
The CFA program requires all charterholders practice the highest level of professional and ethical standards when dealing with clients, says Margaret Franklin, CFA. Investors and clients are in distress, and need to trust their advisors.
The Toronto stock market was higher Friday morning as traders bought up stocks beaten down by three straight days of losses triggered by another round of concern about the pace of the global recovery.
TMX Group Inc. and Bermuda Stock Exchange (BSX) today announced that TMX Group has purchased a 16% minority stake in the BSX. TMX Group is now one of the largest shareholders of the BSX, and Tom Kloet, CEO, TMX Group, will be joining the BSX board of directors. Greg Wojciechowski, president and CEO, BSX, will […]
While this week had five days to it, investors will only remember what happened during the second half of the week as a number of different markets came under considerable selling pressure.
The exchange of claims and criticism between rival bidders for TMX Group further intensified as the chief executive of LSE Group, Xavier Rolet, accused Maple Acquisition Group of misrepresentation and questioned the credibility of information provided in its $3.7 billion hostile bid. The latest round of hole-picking came at today’s investor and media conference call […]
Defying fervent opposition and reports of other bids trying to dwarf the London Stock Exchange's $3.7 billion bid for the TSX, Thomas A. Kloet, chief executive officer, TMX Group Inc., assures it's a real deal.