Apple Leads Big Tech Higher and Closes at a Record
Bloomberg 12/28/2020 Ryan Vlastelica
(Bloomberg) Shares of mega-cap technology and internet companies rose on Monday, with the group extending strong 2020 advances.
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Apple Inc. rose 3.6% to end at an all-time closing high, though it fell short of reaching an intraday record. The stock has risen more than 85% this year, and it is poised to close out its second straight annual gain above 80%.
The stock is up more than 25% since the start of November, with recent gains coming on a report that Apple plans to build a self-driving car and is targeting 2024 to produce the vehicle. In a note dated Dec. 27, Piper Sandler wrote that an electric-vehicle revenue stream “could add another leg of growth in addition to a higher multiple” for Apple.
Canada Revenue Agency: Big Changes Coming in Your Paycheck in 2021
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This year was not something anyone expected. The new year brings new hopes and new uncertainties. While no one can say what 2021 has in store, one thing the Canada Revenue Agency (CRA) has clarified is the changes coming in your paycheck. The CRA can’t determine your paycheck, but it can determine the deductions on your paycheck.
The CRA requires your employer to deduct three things from your taxable salary: an employee’s contribution towards the Canada Pension Plan (CPP), Employment Insurance (EI) premiums, and income tax.
BlackRock® Canada Announces Estimated Annual Reinvested Capital Gains Distributions for the iShares® ETFs
TORONTO, Dec. 22, 2020 (GLOBE NEWSWIRE) BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the estimated annual reinvested capital gains distributions for the iShares ETFs listed on the TSX or NEO for the 2020 tax year.
Please note that these are estimated amounts only as of December 15, 2020 and could change if the iShares Funds experience subscriptions or redemptions prior to the ex-dividend date or due to other factors.
These estimates are for the annual non-cash capital gains distributions, which are typically reinvested in additional units of the respective funds at the year-end, and do not include estimates of ongoing monthly, quarterly, semi-annual, or annual cash distribution amounts. The additional units will be immediately consolidated with the previously outsta
BlackRock® Canada Announces Estimated December Cash Distributions for the iShares® ETFs
TORONTO, Dec. 22, 2020 (GLOBE NEWSWIRE) BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the estimated December cash distributions for the iShares ETFs listed on the TSX or NEO. Unitholders of record of a fund on December 31, 2020 will receive cash distributions payable in respect of that fund on
January 6, 2021.
BlackRock Canada expects to issue a press release on or about December 29, 2020, which will provide the final amounts for all funds except the iShares Premium Money Market ETF, for which a press release will be issued on or about December 30, 2020. The Estimated Cash Distribution Per Unit is subject to change. For example, the Estimated Cash Distribution Per Unit is expected to increase if the net units outstanding of a fund decreases between December 16, 2020 and December 29