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OAKVILLE, ONT.—Coffee store chain Tim Hortons (TSX: THI) reported Thursday a second-quarter profit of $95.5 million, up slightly from a year-earlier $94.1 million as revenues jumped nearly 10 per cent.
That amounted to net earnings of 58 cents per share, compared with 54 cents per share in the same period a year earlier.
Factoring out a three […]
Filed under: debt, management by Finance Boss
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Most of the nation’s largest metropolitan areas are seeing a sharp drop in foreclosure activity as banks take longer to move against homeowners who are behind on their mortgage payments.
In the first half of this year, 84 percent of metropolitan areas with a population of at least 200,000 saw their foreclosure rate drop versus the […]
Filed under: management, online by Finance Boss
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Minnesota lawmakers have approved a budget deal that will end a 20-day state government shutdown as soon as Gov. Mark Dayton signs it.
The state House and Senate approved the budget during a special session, with the last vote coming early Wednesday morning after lawmakers worked through the night. The session began Tuesday afternoon.
It wasn’t clear […]
Filed under: management, technology by Finance Boss
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Real estate investing doesn’t have to be a losing proposition, whether home prices continue to slip or not.
Ross Meredith has a lot of money riding on that notion, and it has worked out lately. The retired bank examiner owns stock in companies called real estate investment trusts, which own commercial properties. Those six REIT stocks […]
Filed under: Uncategorized, management by Finance Boss
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Global stocks eased lower Tuesday as investors turned their attention toward a raft of economic news over the coming days and India’s central bank lifted interest rates to keep a lid on inflation.
The retreat in markets confirmed that any euphoria surrounding the death of Osama bin Laden has run its course, with investors far more […]
Filed under: Loans, management by Finance Boss
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Centene Corp. has joined other health care providers in choosing alternatives to a prenatal drug being marketed by KV Pharmaceutical Co., because the drug’s price is still about 40 times greater than what consumers have paid for it in recent years.
Centene, the Clayton-based manager of Medicaid services for several states, is reimbursing physicians who offer […]
Filed under: management, marketing by Finance Boss
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Goldman Sachs took a hit to its first quarter earnings after paying dividends to billionaire investor Warren Buffett’s company, which invested $5 billion in the bank at the height of the financial crisis in 2008.
The investment bank’s first-quarter income fell 72 percent to $908 million after it paid $1.64 billion in dividends to Berkshire Hathaway […]
Filed under: management, uk by Finance Boss
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After notching a rare victory by stopping highly radioactive water from flowing into the Pacific on Wednesday, workers at Japan’s flooded nuclear power complex turned to their next task: injecting nitrogen to prevent more hydrogen explosions.
Nuclear officials said there was no immediate threat of explosions like the three that rocked the Fukushima Dai-ichi plant not […]
Filed under: management, money by Finance Boss
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