Oct
7
Eurobank and National Bank of Greece To Swap Shares
Posted by: kylechan | October 7, 2012 | Leave a Comment
As of October 5th, two of Greece’s largest bank firms, National Bank of Greece (NBG) and Eurobank (EFG) have announced their decision to merge with one another. This comes amass the unsettled crisis that have been occurring within Greece. This move is used as a common strategy for firms facing financial problems. In this case, both banks […]
Oct
5
Bell Canada Enterprises Plan to Add Astral Media to Lineup
Posted by: kylechan | October 5, 2012 | Leave a Comment
Recent news speculate that Bell Canada Enterprises (BCE.TO) are in the final stages of coming to terms with Montreal based media giant Astral Media Inc. for a reported $3.38 billion acquisition. The main deciding factor for Bell’s decision was their perception of Time Value of Money. With Astral’s net income nearing the $200 million mark […]
Oct
4
XL Foods Scorched For Lackluster Safety Procedures
Posted by: kylechan | October 4, 2012 | Leave a Comment
Recent news regarding E. coli traces found in Canada’s largest beef producer, XL Foods have been heightened after the Canadian Food Inspection Agency stated in a press release that the Albertan based meat packaging company did not properly follow certain safety procedures. This article brings up a very serious topic that is business ethics. As […]