News Releases

Take a look at the latest Financial Services — acquisitions, mergers & takeovers — news releases, and more.

Guidance and Client-Centric Contact: Key Drivers for the DIY Investor

MARKHAM, ON – (January 10, 2019) – As more and more self-directed investors seek guidance and information, client-centric contact has become the key driver of client satisfaction. As such, BMG Group Inc. (BMG) is pleased to announce the launch of BMG DIY Investor, a resource for Canadians who are already knowledgeable investors as well as for those new to savings and investing, and for those who want to learn more about investment options and establishing their own financial plan. Read more

The Growth of Innovations in the Blockchain Market

NEW YORKMarch 12, 2018 /PRNewswire/ — According to a report published by Netscribes, Inc., the global blockchain technology market is expected to reach 13.96 billion by 2022, growing at a compound annual growth rate (CAGR) of 42.8 percent during the forecast years. The report indicated that blockchain technology is being extensively used in various sectors such as banking financial services and insurance (BFSI) segment, the healthcare sector, supply chain management, energy, media, informatics, etc. Blockchain, best known as a distributed database is used for verifying and recording transactions. The North American region is expected to hold the largest share of blockchain adoption in the near future. DMG Blockchain Solutions Inc. (OTC: DMGGF), Net Element, Inc. (NASDAQ: NETE), ChinaNet-Online Holdings, Inc. (NASDAQ: CNET), Eastman Kodak Co (NYSE: KODK), HIVE Blockchain Technologies Ltd. (OTC: HVBTF)
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Survey: Less Active Role In Financial Lives Leaves Women Making Less, Sacrificing More

NEW YORKMarch 12, 2018 /PRNewswire/ — In stark contrast to the excitement and promise surrounding the college decision process for high school seniors this spring, a recent study of college-educated Americans found that more than half (54%) of adults don’t think they will ever make enough money to reach their financial goals. Findings released today by national online lender Laurel Road reveal the factors fueling this pessimism, which is significantly higher in women than in men. Millennial women (64%) are significantly more stressed than their male peers (47%) about their finances, and they report starting salaries that fall more than $10,000 lower than millennial men’s, on average ($29,403 vs. $39,839). Read more

What’s Happening With These Oil & Gas Pipelines Stocks? — DCP Midstream, Cheniere Energy, Enbridge, and Energy Transfer Equity

NEW YORKMarch 9, 2018 /PRNewswire/ — strives to bring the best free research to the investment community.  Today we are offering reports on DCP, LNG, ENB, and ETE which can be accessed for free by signing up to On Thursday, March 08, 2018, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. Eight out of nine sectors ended Thursday’s trading session in bullish territories. Taking into consideration yesterday’s market sentiment, assessed the following Oil & Gas Pipelines equities this morning: DCP Midstream L.P. (NYSE: DCP), Cheniere Energy Inc. (NYSE AMER: LNG), Enbridge Inc. (NYSE: ENB), and Energy Transfer Equity L.P. (NYSE: ETE). Read more

Equity Funds Drop in February 2018; Currency Effects Benefit Foreign Equity Funds, Morningstar Canada Data Show

TORONTOMarch 2, 2018 /PRNewswire/ — Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary February 2018 performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Only seven of the 44 fund indices increased during the month, all of them by 0.7% or less, while 12 of the 37 losing indices decreased by 2.0% or more. Read more

BMG Management Services Inc. Launches Class D For Retail Investors

Markham, ON – (February 22, 2018) – BMG Management Services Inc. (“BMS”), the manager of the BMG Funds, today announced that it has launched Class D units for its three mutual funds, offering each of these at a reduced cost to Canadians that invest through discount brokerages. Class D units provide self-directed investors with access to a full suite of mutual funds at a lower cost. Read more