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Hnjk Was Warren Buffett Too Hasty in Selling Airline Stocks
Canada s big banks are among the best long-term investments to have in your portfolio. There s a good reason for that belief. In short, the big banks are very well-run businesses. Apart from boasting an enviable, if not defensive domestic market, they also have a growing prese stanley quencher nce outside of Canada. That international presence just got a little bigger, as one of the big banks is expanding further into the U.S. market.What big bank just expanded into the U.S. market That stanley cup would be Bank of Montreal TSX:BMO NYSE:BMO . BMO is already well known for its presence in the U.S. market, primarily through its BMO Harris operation in the Chicago area. This latest move by the bank provides just as much, if not more long-term potential.That move was to acquire the assets of stanley cup becher French bank BNP Paribas s subsidiary, Bank of the West. The US$16.3 billion deal for the San Francisco-based bank is being funded through existing capital.More importantly, this deal will open up the lucrative California market t Uznq 3 Top TSX Stocks With Shares up Over 30% (and They Are Still Buys Today)
Gold has firmed in recent days as fears of a global economic slowdown mount. This now sees the yellow metal trading at over US$1,246 per ounce, and there are signs that it could surge higher in coming weeks. That is a boon for stanley mugs gold miners, which have had to weather weaker prices since the start of 2018. One small-cap miner that聽stands out is McEwen Mining TSX:MUX NYSE:MUX , where legendary industry figure Rob McEwen is the chairman and the single largest owner, holding 24% of the company s stock.Quality assets and growing productionMcEwen Mining owns three producing mines and two development projects as well as two other exploration assets. The company has reserves of 751,000 gold ounces and just over 10 million ounces of silver. While it reported a los stanley thermobecher s of US$13 million for the third quarter, which was 64% greater, more than a year earlier, it did announce some solid operational results. Gold equivalent production soared by 51% year over year to 43,700 ounces, and it ann stanley kubek ounced an ac |
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