Archive for June, 2009
Bank business lending down for 5th consecutive month
30 June 2009This isn’t the first time that we’ve dug into the numbers, only to find that Canada’s banks really have pulled back on the throttle of commercial lending (see prior post “Bank lending drops again in February” March 20-09). With May’s figures out, following a revised number for April, the stats aren’t pretty.
The category is [...]
Iran, Intrade and the Revolution that wasn’t
29 June 2009Millions protested the results of Iran’s election. People died. Westerners hoped this 30th anniversay of the Iranian’s revolution would mark the end of a bellicose theocracy. We learned that Twitter can be used for something useful.
But there might have been a clue all along that no change was coming to Iran. Not yet, anyway.
Regular readers [...]
Blackmont Capital sees good things for TMX Group
29 June 2009I think the message can be this: whether it be good times or bad times, stocks still have to trade. Which seems to bode good things for the TMX Group (TMX:TSX) according to a research report from the Equity Analysts at Blackmont Capital:
“Analysis & Forecasts: So far June has been a strong month almost [...]
General Electric R&D Centre an idea to emulate
26 June 2009Where is General Electric (GE:NYSE) putting its new US$100MM++ Advanced Manufacturing Technology & Software Center? Wayne County, Michigan!
CEO Jeff Immelt says that GE, among other companies, needs to “recreate” technology centres. Isn’t that the truth. The Michigan state government will provide just $5 million of incentives per annum over the next 12 years; [...]
Vote for your fav bloggers in the Globe & Mail poll
26 June 2009It is that time of the year again. The Globe and Mail has given its readers a chance to vote for their favourite blogs, and Wellington Financial’s made the list again this year. Thanks to the effort of our readers, we eventually ranked #9 in the 2008 list (see prior post “Top 10 [...]