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Lawrence Cuming

  • 202 Mount Alberta Place is now PENDING

    Yippie - 202 Mount Alberta Place is PENDING. Doing the home inspection on Monday!!!
  • " A Calgary Spring "

    April 14: A Calgary Spring is defined as: SNOW - SNOW - SNOW
  • " HAPPY VALENTINE'S DAY "

    Yes- a very special day- a time for fun and a great time to buy or sell a home!!

    Happy Valentine's Day.......

  • Canada population grows to 33.5 Million. The WEST of Ontario is growing the fastest!!!!

  • 102 Prestwick Gardens SE

    Confused Great news!! This weekend we have TWO showings for Prestwick Gardens!! Here's hoping we get TWO offers !!!Wink
  • Bank of Canada holds Prime Rate!!!!!!!!!!!!!!!!!!

  • Canadian Housing Market Is Not Over heated!!!!!

  • I'm a Winner !!!

    I will participate in life to the best of my ability. Regardless of the outcome, that's what make me a winner.
  • In Comes The New Year !!!

    Yes - it's 2012 and all's well.
  • Seasons Greetings

    I would like to extend a Holiday Wish to everyone. 2011 has been - well a different year. I want a say a big THANK YOU FOR YOUR REFERRALS. If you're thinking of buying or selling Real Estate - -I'm applying for the job!! Have a great Holiday Season.

    Lawrence.

    Lawrence Cuming - The Realtor Friends Recommend To friends!!">

  • Blackberry Disappoints- AGAIN

    RIM shares continue their slide

    Smartphones recover; BlackBerry maker expected to fall shy of meeting expectations for 4th quarter

    The good news: RIM's BlackBerry smartphone sales have bounced back after the company overhauled its lineup and added 10 new devices.

    The good news: RIM's BlackBerry smartphone sales have bounced back after the company overhauled its lineup and added 10 new devices.

    Photograph by: JONATHAN ERNST REUTERS, Postmedia News

    Research In Motion Ltd. continues to give Wall St. investors headaches.

    Shares of the Waterloo, Ont.-based technology company slid more than seven per cent on the Nasdaq index after the BlackBerry-maker revealed a weaker than expected outlook for the current quarter.

    RIM said revenue for the third quarter, ended Nov. 26, was $5.17 billion (all figures in U.S. dollars) - a 24-per-cent jump over the $4.2 billion the company generated last quarter, but slightly below analyst expectations of about $5.22 billion. RIM said earnings were $1.27 per adjusted share, slightly ahead of Wall St. estimates of $1.22 per share.

    However, for the current quarter, RIM said it expects revenue of between $4.6 billion and $4.9 billion, which was in line with Wall St. expectations of $4.85 billion. RIM said adjusted earnings are expected to be between 80 cents and 95 cents a share, below analyst expectations of $1.08.

    RIM said it expects to see between 11 million and 12 million BlackBerry smartphones in the coming quarter, which would mark a decline in sales from Q3.

    Net income for the quarter was $265 million, or 51 cents a share diluted. However, adjusted net income was $667 million, or $1.27 a share diluted.

    RIM provided shareholders with an update on its third quarter results on Dec. 2, saying the company would take a $485-million pre-tax hit as a result of surplus inventory of unsold BlackBerry Play-Book tablets and that revenue was expected to be "slightly lower" than the previously guided range of between $5.3 billion and $5.6 billion.

    In a joint statement, RIM's co-chief executives Jim Balsillie and Mike Lazaridis struck an upbeat chord.

    "RIM continues to have strong technology, unique service capabilities and a large installed base of customers, and we are more determined than ever to capitalize on our strengths to overcome the recent execution challenges surrounding product launches and the resulting financial performance," the two said in a statement.

    "As part of our commitment to improving our performance to better meet the expectations of shareholders and customers, we continue to evaluate ways to improve in several areas of the company's operations.

    "It may take some time to realize the benefits of these efforts and the platform transition that we are undertaking, but we continue to believe that RIM has the right set of strengths and capabilities to maintain a leading role in the mobile communications industry."

    Still, analysts seemed largely underwhelmed by the results.

    "Q4 guidance was even softer than expected, with Q4 units (sell-in) down 23 per cent Y/Y, which affirms the BlackBerry 7 product cycle is diminishing early, and international momentum is slowing - with BlackBerry 10 launches not coming soon enough to offset," RBC Capital Markets analyst Mike Abramsky wrote in a note to clients.

    RIM said the total number of BlackBerry subscribers grew to 75 million in the quarter, a 35-per-cent jump over the same quarter last year.

    RIM's shares have lost more than 70 per cent of their value since the PlayBook debuted in late April and hit a new seven year low - dipping below $15 - earlier this week.

    On a positive note, sales of RIM's BlackBerry smartphones appear to have bounced back after the company overhauled its lineup by rolling out 10 new devices running its BlackBerry 7 operating system over the past four months.

    As RIM told shareholders on Dec. 2, the company sold about 14.1 million Black-Berry smartphones in the quarter ended Nov. 26.

    RIM said the company also took a $50 million charge as a result of the BlackBerry Messenger blackout which prevented millions of users from accessing their emails and data for several days in October after one of RIM's operating centres in Europe was knocked offline.

    RIM said that a delay in the release of a crucial software update for the PlayBook and shifts in the marketplace had forced the company to step up its efforts to move its tablets off store shelves and into the hands of consumers.

    As a result, retailers across North America have slashed the price of the PlayBook tablet to as low as $199, from an original price of $499.

    "RIM is committed to the BlackBerry PlayBook and believes the tablet market is still in its infancy," Lazaridis said in a press release on Dec. 2.

    "Although a number of factors have led to the need for an inventory provision in the third quarter, we believe the PlayBook, which will be further enhanced with the upcoming PlayBook OS 2.0 software, is a compelling tablet for consumers that also offers unique security and manageability features for the enterprise."

    RIM's PlayBook has struggled to find a niche in the evolving market for touch screen tablets.

    Apple Inc.'s iPad remains the most popular tablet on the market and commands the lion's share of the market and revenues, while a collection of devices powered by Google Inc.'s Android software - including the new Kindle Fire from Amazon.com Inc. - are outselling RIM's Play-Book.

    Indeed, RIM has sold only about 850,000 PlayBooks since the device went on sale in April. While sales topped 500,000 in Q1, RIM sold only 200,000 tablets in Q2, declining to just 150,000 in Q3.

    Shares of RIM plunged as much as 18 per cent on the Nasdaq on Sept. 15, after the company reported secondquarter revenue, earnings, BlackBerry sales and Play-Book shipments which all fell short of Wall St. expectations. In Q2, RIM said it sold 10.6 million BlackBerry devices, marking the first time in RIM's storied history that BlackBerry sales fell year over year, and the second consecutive quarter that sales of the company's smartphones dropped.



    Read more: http://www.montrealgazette.com/business/shares+continue+their+slide/5869850/story.html#ixzz1gjEhV1sf
  • OUCH - - Stocks take a H I T ! !

     OUCH - -  Stocks take a H I T ! !

    Sadly, there was no winner in Wednesday's BNN Holiday Contest, which is just as well since the prize winegums had gone stale and posed a significant risk to the stability of your dental work. The answer was "I Believe in Father Christmas" by Emerson, Lake and Palmer. Duh.

    Anyhow, here's today's:

    "Peace on Earth, can it be
    Years from now, perhaps we'll see
    See the day of glory
    See the day, when men of good will
    Live in peace, live in peace again"

    Same rules apply: No googling or lying. I may not catch you, but one day the sound of the beating heart beneath the floorboards will drive you insane and who wants that? The prize? A steaming cup of orange blossom green tea.

    • Financial markets appear to have found a modicum of composure this morning after a day that saw declines in global stocks, the euro, the Canadian dollar, precious metals and industrial commodities. Most commentators put today's modest gains in European stocks, gold, silver and the euro down to the fact they fell yesterday. Obviously, our viewers expect a little more analysis than that. A read on the euro-zone's manufacturing economy rose in December, countering expectations for a decline, but still sits in contraction territory. A sale of Spanish debt raised almost double its target. What do these data points tell us about the outlook for the European economy or confidence in Spain's fiscal authorities? Are today's gains in European stocks and the common currency a brief reprieve or something more?
    • A crowded slate of U.S. economic data this morning is likely to determine the direction of markets, regardless of the European data. Inflation at the wholesale level is due out at 8:30 a.m. ET along with the current account balance, Empire State manufacturing report and initial jobless claims. Industrial production and capacity utilization are out at 9:15 and the most potentially market-moving data point, the Philly Fed index -- a read on the manufacturing economy in the Philadelphia region -- is out at 10:00. The market is anticipating an improvement in both the Empire Manufacturing data and the Philly Fed.
    • Many Canadian investors will zero-in on Research In Motion today as it reports third-quarter earnings after the close of trading tonight. Already this morning, agitated and agitating shareholder Jaguar Financial has called out two of RIM's directors, Barbara Stymiest and Roger Martin to stand up and insist that the company separate the chairman and CEO roles. Some analysts and investors are saying the stock is dead money until the issue of leadership and governance is settled. Others argue that RIM could represent one of the best -- if riskiest -- bets for 2012. Should the company split into two? Should it put itself up for sale? Should it soldier on and prove the skeptics wrong? Will it beat, meet or miss? Will it warn or raise forecasts? The company reports after the close but our coverage begins now. For the record, RIM is expected to report a 34-percent decline in third-quarter earnings per share of $1.15, the average forecast of analysts surveyed by Thomson Reuters. Revenue is seen declining 4 percent to $5.26 billion. Yes, that's right, one of the worst performing stocks on the TSX still generates sales of more than $5 billion on a quarterly basis.
    • Also in earnings, we're watching Fedex, which topped second-quarter expectations and ordered up 27 brand-spanking new 767 jet freighters. One of the best economic barometers in the U.S. equity markets, we'll need to pick apart the numbers.
    • In Canadian earnings, tourism and airline Transat reported a stronger fourth quarter on the revenue line but swung to a net loss on the bottom line. The company also cautioned the market that so far this winter, "a significant portion of seats remains to be sold and the trend towards last-minute bookings and the volatility of margins make it difficult to make forecasts."
    • Also today, we'll be watching for numbers from Adobe, Empire Co., Pier 1 (wicker, anyone?) and Rite Aid.
    • John Corzine has been invited to testify before the House Financial Services Committee.
    • We are also waiting for the release of the National Energy Board's Arctic Review at 12:30 p.m. ET. Any energy company with ambitions for the North will be following the release as well.

    Every morning Managing Editor Marty Cej writes a "chase note" to BNN's editorial staff listing the stories and events that will be in the spotlight that day. Click here to have it delivered to your inbox before the trading day begins.

  • NHL APPROVES NEW CONFERENCE REALIGNMENT FORMAT

    The NHL's Board of Governors has made a decision on a plan for NHL realignment.

    The league has approved a new four-conference format that is expected to be implemented next season. NHL Commissioner Gary Bettman will also speak to the NHLPA before implementing the changes.

    The discussion and vote to approve the new realignment plan at the NHL Board of Governors meetings in Pebble Beach, California took an hour on Monday. A total of 26 teams voted in favour of the plan with four teams opposing it.

    The realignment became necessary when the Atlanta Thrashers moved to Winnipeg and became the Jets.

    The plan finalized on Monday would see four separate conferences established to replace the current two-conference, six-division system.

    The proposed new conferences would be arranged to accommodate both geographic proximity as well as established rivalries.

    The existing Northeast division would be expanded to include the league's two Florida-based teams, making a conference of: Boston, Buffalo, Florida, Montreal, Ottawa, Tampa Bay and Toronto.

    Meanwhile, the existing Atlantic Division would gain two teams for a seven-team conference including: Carolina, New Jersey, the New York Islanders, New York Rangers, Philadelphia, Pittsburgh and Washington.

    The Winnipeg Jets would be the only Canadian team in an expanded Central Division that would also include Chicago, Columbus, Dallas, Detroit, Minnesota, Nashville, and St. Louis.

    Calgary, Edmonton, and Vancouver would remain together in a proposed Western Conference that also includes Anaheim, Colorado, Los Angeles, Phoenix, and San Jose.

    While the new schedule presents new challenges for all 30 teams, Bettman believes the solution works best for the needs of all the league's teams.

    "This is not a subject that everybody is going to get their first choice on," said Bettman. "What you try to do is come up with something that everybody can live with, get comfortable with and understand the value of."

    Many early realignment proposals centred on moving either Detroit or Columbus to the Eastern Conference. However, choosing between the wishes of those two teams was not a call the league wanted to make, according to Bettman.

    Also, the idea of moving one team often created a domino effect for other teams in terms of their own travel schedules

    "If you asked 30 clubs you probably would get 30 different solutions," Bettman mused.

    The realignment is aimed at evening out the travel schedules for all NHL teams with each team playing teams outside their conference twice per year, once at home and on the road.

    For the players it presents new rivalries and a chance to face every team in the league.

    "As players, you want to see everybody, you want to go to every city," said Senators forward Jason Spezza. "I think that's going to be a real positive."

    Others, meanwhile, are already looking ahead to a change in competition.

    "It's going to be a tough division, but that's down the road right now," said Tampa Bay's Steven Stamkos, who suddenly finds himself in a conference with the likes of Boston, Montreal and Toronto. "They spent a lot of time on it and obviously made the right decision in their mindSleep."

    One of the biggest changes will be to the league's schedule.

    In the seven-team conferences, teams would play each other six times - three home, three away. In the eight-team conferences, a bit more maneuvering would be required.

    Teams in the conferences of eight would play either five or six times per season on a rotating basis; three teams would play each other six times and four teams would play each other five times. This process would reverse each season.

    The playoff format would also undergo changes, harkening back to the divisional playoff format last employed by the league during the 1992-93 season.

    The top four teams in each conference would qualify for the playoffs. The first-place team would play the fourth-place team; while second and third-place finishers would square off. The four conference champions would meet in the third round of the playoffs, with the last two clubs playing for the Stanley Cup.

    NHL general managers will determine the playoff structure after round two in the proposed realignment.

    The concept of re-seeding is a strong contender, however the league wants the general managers' input before implementing.

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  • The Brit Investors Eye Canada Market

  • Lake Chaparral

    Sleep Great Home - Great Value - Be In For Christmas !!! Listed for $369,900.

    192 Chaparral Circle is the place to be.

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