Blackberry turns from red to black

Posted by & filed under Corporate Strategy, Financial Reporting and Analysis.

Description: Once one of the top handset phone makers in the world, Blackberry has been on steady financial decline since the introduction of the iPhone and various Android smartphones. But Blackberry is bouncing from red ink to black, with the latest quarterly results showing a profit of approximately $19 million. The profit signals possible success… Read more »

Quidi Vidi Brewery

Posted by & filed under Auditing, Corporate Strategy.

Description: The Quidi Vidi Brewery is a good news/bad news story. After years of struggling, including a 1999 warning from their accountant about imminent bankruptcy, this Newfoundland craft brewery has seen a turnaround in more recent years, thanks in part to its Iceberg brand in its distinctive blue bottle. But the two founding investors are… Read more »

Westjet expands in Quebec

Posted by & filed under Corporate Strategy, Managerial Accounting.

Description: In a move that challenges rival Air Canada, WestJet has announced it is expanding operations in the Province of Quebec. Westjet is adding over 100 new flights to its roster there, hoping to draw both business and leisure travelers through lower fares. Air Canada is expected to fight back, though low fares will be… Read more »

Digital ads dominating

Posted by & filed under Corporate Strategy.

Description: It probably doesn’t come as much of a surprise to most of us: digital advertising is continuing to profit while print is in trouble. But television advertising is also seeing its numbers slipping. TV execs are placing some hope in the arrival of “addressable TV” where each home would receive ads based on its… Read more »

Facebook Workplace

Posted by & filed under Corporate Strategy, Cost Accounting.

Description: Facebook has built a huge business on its advertising based social media platform. But now, after a year of testing, Facebook is offering a new platform called Workplace  to compete with the Startup company Slack. Workplace – like Slack – will combine various productivity technologies like e-mail and newsletters. Workplace will be sold to… Read more »

Food prices dropping?

Posted by & filed under Canadian Economy, Corporate Strategy.

Description: You might think lower food prices would be good news. But Sylvain Charlebois, Dean of Dalhousie Univeristy’s Faculty of Management says that we might want to hold off on the celebration. Agricultural commodity prices have dropped to about half of what they were in 2012, creating challenges for producers, retailers and processors. Date: October… Read more »

Profiting from the FBI success

Posted by & filed under Corporate Strategy, Data security.

Description: This past week the FBI announced that it had cracked the Apple iPhone associated with the San Bernadino tragedy. Subsequently, the FBI withdrew from its court action against Apple as the need for Apple’s co-operation in unlocking the phone was now a moot point. Speculation is that the FBI’s success against the iPhone may… Read more »

Apple vs. FBI

Posted by & filed under Corporate Strategy, Data security, Managerial Accounting.

Description: It’s a pretty big battle out there with Apple going head-to-head with the FBI over the issue of encryption. Apple CEO Tim Cook has announced that the giant corporation will not cooperate with the FBI in opening up access to the cellphone of a terrorist. Apple has concerns that opening up its encryption secrets… Read more »

Goodbye to deferred charges

Posted by & filed under Advanced Accounting, Corporate Strategy.

Description:  At one time, mutual fund companies dominated the retail sales market for mutual funds. And part of those days were big deferred sales charges (DSC) levied when retail investors wanted to cash in their holdings. But many players in the industry have moved away from deferred charges, to the point where Globe and Mail… Read more »