Archive for September 2nd, 2007
Canada is not the U.S.A.
2 September 2007A few months ago I wrote a tongue-in-cheek post about how Toronto is not NYC (March 18-07). If you have a moment, read the comments that follow this Pat Dollard post regarding the upcoming anti-Iraq War movie Redacted, set to be released by Brian De Palma and Mark Cuban.
It doesn’t take very many comments [...]
Yacht watch
2 September 2007Looking for signs of a looming recession, I thought it made sense to see how the global yacht market was doing. In March of this year, there were 53 new yachts >150 feet in length available for purchase at Yachtworld.com, although many had not yet been completed (see post “Blackstone eyes brass ring“, March [...]
GMP keeps sell rating on Pacific & Western Credit
2 September 2007GMP came out on Friday with some more stark commentary on London, Ontario-based specialty lender, Pacific & Western Credit Corp. (PWC:TSX). Parent corp. to Pacific & Western Bank:
REDUCE
PWC $7.60 Target: $6.20
Q3/07 results – core lending business disappointing for fourth consecutive quarter
. Net income of $0.1 mm or nil on a per share basis, well [...]