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Walmart selling JD.com stake to focus on its own China operations By Reuters
(Reuters) -Walmart is seeking to raise up to $3.74 billion by selling its stake in Chinese e-commerce firm JD (NASDAQ:).com, according to a term sheet seen by Reuters, as the U.S. retailer focuses on its own operations in China. Walmart (NYSE:) is offering 144.5 million American depositary shares in the price range of $24.85 to…
PWN – Parkway Corporate
Came across Parkway Minerals in a spread on Lions Bay, listed in Canada but it is really Melbourne through and through as it is led by John Byrne, the former financial journalist who has decades of experience in the mining investment space. That is reflected in Lions Bay also holding strategic stakes in the following…
3rd Look at Local Housing Markets in April
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Should You Buy Hydro One While It’s Below $50?
Hydro One (TSX:H) is a pure-play electricity transmission and distribution company with minimal exposure to commodity price fluctuations. With around 99% of its business rate regulated, its financials are less prone to commodity price fluctuations and economic cycles. The company has increased its rate base at an annualized rate of 5.1% over the previous six…
5 Canadian Stocks to Hold in Your TFSA For Decades
Image source: Getty Images If you want to compound investment earnings for long periods (like decades), you need to max out your TFSA (Tax-Free Savings Account). Stocks held in a TFSA are safe from all taxation. That means your investments and gains can compound without restraint. You are more likely to hit your financial goals…