This is the 5th release of 2014. We continue to enhance your system to make it more effective to run your business.
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Functions, EFT, Create & View Batches…
This conclusion in the last paragraph I wholeheartedly agree with. Russia has been swaying China for some time, with the BRICS forming their own IMF, the writing is becoming clearer and clearer. 19 more words
Gold miners Agnico Eagle Mines Ltd. and Yamana Gold Inc. are teaming up to buy Osisko Mining Corp. in a friendly deal worth $3.9-billion.
The cash-and-stock bid values Osisko at $8.15 a share, 11% above the recent hostile offer from Goldcorp Inc. 319 more words
Latest deal: YRI + Agnico Eagle Mines Ltd (AEM) tag team on G. Valued at $8.15 Structure of the deal if link holds: http://www.slideshare.net/fullscreen/Osisko/aem-yri-presentation-final/3 YRI + AEM purchase 100% of OSK then spin off shares with some royalties. Cash and Stock $2.09 Cash 0.07264 AEM ($2.43/share) 0.26471 YRI ($2.43/share) $1.20 / spinco (Spin off company) share. This appears to be in line with my thinking with G drawing out another player to reveal their cards; this time being AEM. While the joint YRI + AEM will be expending less of their cash and stock than before, there will still be a period of sorting things out between all three YRI, AEM, OSK IF the deal gets done, which should give G some breathing space. What can G do next? 1) Increase the bid - Question is by how much? Another "Price is Right" or a real show stopper, which depends on how much they really want OSK. - I don't think G would do a joint bid though. 2) Hold steady - Let shareholders decide, but essentially stepping off the podium. - Keep some "mystique" going. 3) Drop it and make a run at someone else. - I mused before, what if they ended up making a run at YRI, but I guess can add AEM. However, more likely would be another company more similar to OSK. Not sure how the financing will work for YRI, but appears so far pure cash and stock. I hold G + YRI.
Quote of the Day from the Friars Club Encyclopedia of Jokes: “Of the twp basic certainties, death and taxes, death is preferable. At least you can’t be called in six months for an audit.” Bill Vaughn… 1,226 more words
White Plains, NY (Law Firm Newswire) April 16, 2014 Financial Literacy Month is being observed in April 2014. This is an excellent time to recognize the important role that financial literacy plays in individual economic security and the financial health of the nation. 115 more words
Points of View: Greek bonds
Last week it was interesting to note that the Greek government has returned to the capital markets for the first time since 2010, raising 3bn Euros in a five-year deal just two years after unnerving global markets by defaulting on its debts. 210 more words
Take a look at the percentage of Canadians who say they’ll never be debt-free, by region.
Source: CIBC Poll: Debt Free? 14 per cent of Canadians with debt say it will never happen