Archive for January 14th, 2008
CIBC offering rumours prove true
14 January 2008Last month, a few of us raised the notion that CIBC (CM:TSX) would be tapping the equity markets before too long. I had Manulife Financial (MFC:TSX) as the player (see “Will Manulife come to CIBC’s rescue?“, December 19-07), and according to various newswires, Manulife has indeed stepped up to help fix the Commerce’s balance [...]
Definition of a bad day on Bay Street
14 January 2008Never one to ignore the delights of irony, did you see the NYSE this morning? Charged ahead a couple hundred points on some fabulous preliminary numbers out of IBM. IBM shares soared 6%, which can’t be easy for a stock with a market cap. of US$142 billion. This from the online WSJ: [...]
Do’s and Don’ts of raising capital
14 January 2008Being that it is the New Year and all, I’m going to try to spend a bit of time this week sharing some insights into the world of VCs and capital providers.
During a meeting of the Globe and Mail’s Small Business Advisory Panel last week, it dawned on me that many entrepreneurs may not know [...]