Helping you make wiser investment decisions

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Should you take RRSP withdrawals to pay down debt?

To clarify, making a lump sum payment against your mortgage, SK, will not reduce your monthly payments. It will reduce your mortgage balance and the remaining number of payments, but it will not reduce your current monthly payment.  Other options for paying the mortgage when money is tight There may be alternatives to consider instead […]

The MoneySense ETF Finder Tool

Provider Index ETF ticker Inception Annual returns from inception MER Yield Theme or sector Blended ZBAL 02-15-2019 9.70% 0.20% 2.42% Balanced […]

Viasat to Acquire U.K.-Based Inmarsat for $7.3B

Global communications firm Viasat, Inc. (VSAT) has signed an agreement to acquire a U.K.-based rival, Inmarsat, in a deal valued at $7.3 billion. Inmarsat provides mobile satellite communications services across the world. California-based Viasat provides high-speed satellite broadband services and secure networking systems to the military and commercial markets. Shares of Viasat closed nearly 17% […]

Walt Disney Offers Disney+ Streaming Service for $1.99/Month — Report

According to a report published by StreetInsider.com, Walt Disney Co. (DIS) has made its Disney+ streaming service available for only $1.99 per month for a limited time to boost subscriber growth. In the U.S., the company charges $7.99 per month for the service. Details of the Deal The California-based entertainment and media conglomerate said that the […]

Two Harbors’ Q3 Earnings Exceed Street’s Expectations

Real estate investment trust Two Harbors Investment Corp. (TWO) has reported better-than-expected quarterly earnings for the third quarter of 2021. Earnings of $0.24 per share surpassed the Street’s expectations of $0.19 per share. The company had reported earnings of $0.28 per share in the same quarter last year. Net interest income in the third quarter declined […]

Lemonade Declines 5% on Quarterly Loss

Shares of Lemonade Inc. (LMND) dipped 5.1% in Tuesday’s early trade after the insurance company reported a loss of $1.08 per share for the third quarter of 2021. The reported loss was, however, narrower than analysts’ expectations of a loss of $1.16 per share. The company had recorded a loss of $0.57 per share in the same quarter last […]

Editas Rises 8.2% on Narrower-Than-Expected Q3 Loss

Shares of Editas Medicine, Inc. (EDIT) gained 8.2% on Monday after the company reported stronger-than-expected third-quarter results. Collaboration and other research and development revenues stood at $6.2 million, down 90% from the same quarter last year. The figure, however, surpassed the consensus estimate of $4.8 million. During the quarter, the company reported a net loss of […]

ESG Disclosure: How Can External Assurance Help Build Trust?

Trust makes the economy go ’round. There is a very good reason why financial statements must be audited by an external auditor: Because it builds trust. Sustainability and environmental, social, and governance (ESG) reporting is also undergoing external assurance in order to nurture trust. Ninety-one percent of 1,400 companies across 22 jurisdictions report some level […]

Goodyear Tire & Rubber Q3 Results Top Estimates

Goodyear Tire & Rubber (GT) delivered better-than-expected Q3 2021 results as the company benefited from positive industry trends in key replacement markets. Revenue and earnings came above consensus estimates at the back of the strongest price/mix in nearly a decade. Goodyear Tire & Rubber Company designs, manufactures, distributes, and sells tires. Its rubber tires are […]

What Does Discovery’s Newly Added Risk Factor Tell Investors?

Discovery (DISCA) is an American multinational media company with a presence in more than 220 countries. It operates television networks and digital media platforms. It recently introduced its Discovery+ streaming service in Canada and the Philippines. The company is in the process of merging with WarnerMedia. With this in mind, let’s look at the company’s […]

3D Systems Slips 11.8% Despite Solid Q3 Results

Shares of three-dimensional (3D) printing solutions provider 3D Systems Corp. (DDD) slipped 11.8% in the after-hours trading session on Monday, even though the company reported strong financial results for the third quarter of 2021. Headquartered in South Carolina, 3D Systems engineers, manufactures and sells 3D scanners, 3D printers, 3D printing materials. It also provides 3D […]

Clover Health’s Q3 Revenues Beat Expectations

Next-generation healthcare company Clover Health (CLOV) has posted upbeat revenues for the third quarter of 2021. Total revenues of $427.2 million surpassed analysts’ expectations of $417.8 million. The company had reported total revenues of $169 million in the third quarter of 2020. Markedly, total revenues comprised $204 million in Medicare Advantage premiums and $223 million in Direct […]