Zarlink semiconductor (Zarlink, ZL on the TSX, ZARLF on the OTC BB in the US) has been getting a lot of positive press lately. Just in the last few weeks fund managers Robert Floyd of R.A.Floyd Capital and Bob McWhirter of Selective Asset Management have offered strong endorsements of ZL. At the heart of these...
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In a previous note titled “Canada continues to be in a low interest rate environment” we suggested convertible debentures as a possible alternative that can provide higher short to medium term yields. For a complete definition, there is an article on wikipedia.org that goes into some detail. For the purpose of this discussion, we will highlight some of...
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Today, the Bank of Canada elected to keep the overnight rate at .25%. The economy remains weak and the strength in the Canadian dollar is another concern for the bank. Interest rates continues to be very low, the following is a brief snapshot of selected benchmark rates from the bank for the 12-18 January 2009 period:
Years
Interest rate range
1-3
1.26 –...
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