Saturday, September 26, 2009

Business Term Of The Week - Agent

Agent

A securities firm is classified as an agent when it acts on behalf of its clients as buyer or seller of a security. The agent does not own the security at ant time during the transaction.

The Headlines For The Past Week

Ottawa to aid Limamars green push
Dominant potash producers secure for now
Fed: U.S. recovery underway
RIM misses estimates, outlook disappoints
RIM Revenue, outlook weigh on TSX, manufacturing, housing data depress U.S. stocks

Sunday, September 20, 2009

Term Of The week

Advanced Companies

Companies listed on the TSX Venture Exchange that meet higher asset market value and shareholder distribution requirements than those classified as venture companies. This classification is related to TSX Venture Exchange Tier 1 status.

The Past Weeks Canadian Headlines

Heavyweights In Financials and Energy Led The Broader Market
Canadian Home Sales Jump 18.5%
Ottawa Won't Review Nortel's Asset Sale
Loonie Hits 11-Month High
HST To Hit Consumers Hardest: TD