Prysmian nears deal to acquire U.S. electrical maker Atkore- Bloomberg

Rebecca Oakes, vice-president of advanced analytics at Equifax Canada, said the March to June period usually brings rising non-mortgage debt and falling missed payments, and that this year matched it.   “Consumers remain cautious, particularly around major purchases,” she said, adding that “pockets of growing stress are still evident in some areas.”  Ontario mortgage holders remain the outlier in…

Maximizing risk-adjusted returns, long-term wealth growth, asset diversification and downside risk protection remain the top priorities for financial advisors in portfolio construction, according to the August Trend Monitor report from FUSE Research Network. Based on a survey of approximately 560 advisors across various distribution channels, FUSE found that 45% of respondents prioritize risk-adjusted returns when…

Former Gov. Eliot Spitzer is taking the state he once ran to court, accusing its housing agency of “potential intentional misconduct” for sitting on his application to demolish 985 Fifth Avenue. It has been three years since Spitzer got Landmarks Preservation Commission approval for the luxury condominium he plans to build in its place, but…

Brokers tracking the Bank of Canada’s rate-hold signals and their impact on borrowing costs will note that the June reading, on its own, does not hand policymakers an obvious reason to ease. General merchandise retailers led the advance, up 2.7%, while clothing, footwear, and jewellery retailers gained 3.1%. Motor vehicle and parts dealers posted a…

Terreno Realty has sold a 113,000-square-foot industrial property west of Miami International Airport for $21.3 million, according to a deed made public this week. An affiliate of Dallas-based Dalfen Industrial, owner of a number of warehouses in South Florida, acquired the 3.4-acre industrial property at 7600 Northwest 26th Street, records show. The previous sale price…

Tech ETF investing has come a long way from the days of tech sector mutual funds in the early aughts. The ETF wrapper’s flexibility, transparency, and tradability have made it a great tool for asset managers innovating and improving on the tech fund template. The active T. Rowe Price Technology ETF (TTEQ) represents perhaps the…