TORONTO, Canada, Nov. 05, 2024 (GLOBE NEWSWIRE) — Canadian General Investments, Limited (CGI) (TSX: CGI) (LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at October 31, 2024 was $66.42 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 20.9% and 33.5%, respectively. These compare with the 18.2% and 32.1% returns of the benchmark Index on a total return basis for the same periods. The Company employs a leveraging strategy, by way of bank borrowing, with the intent to enhance returns to common shareholders. As at October 31, 2024, the leverage represented…
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FILE – Coast Range fog settles on the Elliott State Forest near Coos Bay. The Oregon State Land Board recently approved a plan to enroll the forest in the voluntary carbon credit market.Jes Burns, OPB/EarthFixYour browser does not support the audio element.The Oregon State Land Board recently approved a plan to enroll the Elliott State Forest in the voluntary carbon credit market. The forest spans more than 80,000 acres in southwestern Oregon near Coos Bay. Oregon is the second state behind Michigan to dedicate an entire state forest to storing harmful carbon emissions and selling the credits. State officials say…
The custom Yamaha V-Max, a product of Motocrew and the vision of a formidable client, is a testament to the fusion of power and precision. The bike, originally a 1998 model, underwent a comprehensive transformation to cater to the needs of its owner, a dedicated serviceman and MMA fighter. To enhance the handling, the stock forks were replaced with inverted units from a Yamaha FZR1000, secured by custom-made triple clamps. The front end was further upgraded with a three-spoke wheel and high-performance brake calipers, also sourced from the FZR1000. The rear suspension received an overhaul with premium YSS shock absorbers,…
Making the right gold investing moves now could lead to bigger payoffs in the future. Getty Images/iStockphoto Gold has proven itself as one of the most resilient assets of the year, displaying remarkable growth so far in 2024. Starting the year at $2,063 per ounce, the price of gold is now sitting over $2,748 per ounce, slightly below its recent record high. As a result, investors who bought gold earlier this year — or even just a few months ago — have already reaped notable returns, a big benefit of this exceptional price trajectory. Historically, though, gold’s value tends to increase more…
This combination of pictures created on October 25, 2024 shows US Vice-President and Democratic Presidential candidate Kamala Harris in Houston, Texas on October 25, 2024 and former US President Republican presidential candidate Donald Trump in East Del Valle, Austin, Texas on October 25, 2024. Getty ImagesAs millions of Americans cast ballots on election day, advisors are bracing for major tax changes that could be on the horizon. Enacted by former President Donald Trump, the Tax Cuts and Jobs Act of 2017, or TCJA, brought sweeping changes for individuals, including lower tax brackets, higher standard deductions, a more generous child tax credit and…
Faced with a tight budget and an undeniably dated 1994 BMW F650, Renato Frateschi of Frateschi Garage in Sao Paulo, Brazil, knew he had his work cut out for him. The client desired a scrambler style transformation, but the limited funds of $4,500, half of which had already been spent acquiring the well-maintained Beemer with 40,000 kilometers, presented a significant challenge. Frateschi Garage Transforms Classic BMW F650 into Custom ScramblerFrateschi Garage Transforms Classic BMW F650 into Custom Scrambler (Gustavo Epifanio) However, the solid foundation of the bike offered a glimmer of hope. Meticulous planning would be crucial before the metamorphosis…
Image source: Getty Images It has been a very tough year for Burberry (LSE:BRBY). The FTSE 250 company is down 51% over the past year. It recently hit its lowest level in well over a decade. Yet numerous media outlets have been reporting the potential of the company getting bought out. This has caused a short-term spike in the stock. Here’s what I think happens next. What we know so far Let’s first run over what we know so far. Several reports have surfaced in recent days that Bernard Arnault, the head of the powerful LVMH Moët Hennessy Louis Vuitton…
Super Micro Computer Inc. (NASDAQ:SMCI) is gearing up for its first-quarter earnings report Tuesday after the market close. Expectations are set for 75 cents in earnings per share (EPS) and revenue of $6.45 billion, according to Benzinga Pro data. Super Micro’s financial credibility, following significant governance issues, concerns investors. Here’s what to watch as the company tries to stabilize in the wake of these challenges. Don’t Miss: SMCI stock has taken a beating over the past year, with shares down 3.05% year-over-year and 8.83% year-to-date. The recent departure of Ernst & Young as its auditor over transparency and governance concerns…
US government money market funds have enjoyed record inflows this year as their 5%-plus yields — the highest in decades — and lower-risk status have obvious appeal for investors. But we believe intermediate high-quality bonds may offer an important and compelling option for clients’ longer-term portfolio allocations thanks to their historically elevated yields, longer duration profiles, and potentially negative return correlation with equities and other higher-risk assets. 1. Yields are at a 16-year high. Yield is often the best predictor of a bond’s total return over the intermediate or longer term, and the yield of the Bloomberg US Aggregate Index…
Chris Brown, the renowned YouTuber with a knack for mechanical marvels, has a passion for both cars and motorcycles. His love affair with bikes began at seventeen with a Kawasaki KZ1000LTD, a sentiment echoed in a recent fortunate find. A marketplace listing, devoid of a price tag, presented an opportunity to acquire this classic bike. The owner, eager to part ways with the motorcycle, generously offered it at no cost. However, Brown, despite his enthusiasm, couldn’t resist the urge to contribute and offered five hundred dollars as a token of appreciation. With a newborn daughter at home, Brown’s late-night garage…