Tuesday 25 March 2014

The Candy is Crushing it!

   It's been released that the makers of the game Candy Crush will make their public entrance into the world of the stock market this week. The company, King Digital, is said to be worth up to 7.6 BILLION DOLLARS. Their starting stock prices are $24 a share (which is almost twice as much as the creators of FarmVille, Zynga Inc.)

   I don't know whether we're heading down a steep slope or if the world, as a society, is moving up. The makers of a game you can buy on your iPhone could very well be worth 7.6 billion dollars. Let us repeat that so we can grasp that idea. An iPhone game company is worth 7.6 BILLION dollars. Whether that's amazing for the company for being worth that much or whether it only show how much society and the people in it are so attached to their phones (and the games on them), it's definitely something to shake a stick at.


If you want to read the article, the link it down below. As always, Stay Golden and Don't Take Any Wooden Nickels!

Article Date: March 24, 2014

http://www.ctvnews.ca/sci-tech/maker-of-candy-crush-saga-to-go-public-on-ny-stock-exchange-1.1743523

Tuesday 18 March 2014

Pepsi Closures in the Maritimes

  Pepsi will be shutting down their warehouses in Dartmouth, NS and Moncton, NB. A company in Moncton, named Armour Logistics, will be taking over the operations. These closures will affect 43 workers but they are being offered help with comprehensive career transitions.

   Yet again, job loss in the Maritimes. It's always disheartening to see people go out of work around here, seeing how we're already struggling as a whole. Though, there is the upside to it. That being Pepsi helping out those who were laid-off to find other jobs/careers. And, when you look at it, laying off 43 and helping them out is A LOT better than laying off all 369 employees and leaving them with nothing. Like I said, though, it's just getting tiring to see us slowly sink further and further.

If you would like to read the article, the link is down below. As always, Stay Golden and Don't Take Any Wooden Nickels.

Article Date: March 7th, 2014
http://www.nb.dailybusinessbuzz.ca/Provincial-News/2014-03-07/article-3641419/NS-%26amp%3B-NB%3A-Pepsi-closures-impact-Dartmouth-and-Moncton/1

Tuesday 11 March 2014

The Syrup Shall Rise Again!

   The federal government and the NB provincial government have invested 1.3 million dollars Saint-Quentin maple syrup producers. This money will help cover renovations, new equipment, expansions, etc. There will be seven maple syrup producers that will benefit from this. (Érablière chez Coui-Coui Inc., Le Bel Érablière Inc., l’Érablière Boulay Inc., and Érablière D. Thibeault Ltée to name a few.) 

   This is just a small article but I thought it would be nice to bring some good news to the first blog after March Break. As we all should know, the maple syrup industry is solid economic factor in New Brunswick (and the rest of Canada) and it's good to see the province, as well as the country, making sure it stays that way. Maybe with the expansions there will come some new jobs. That sure would be nice to see. Besides, we can't let the fine people of this fine province be forced to put that Aunt Jemima water on their pancakes/waffles. That just wouldn't be right.

If you want to read the article, the link is down below as always. Nice to see you folks again and as always, Stay Golden.

Article Date: March 10, 2014
http://www.nb.dailybusinessbuzz.ca/Provincial-News/2014-03-10/article-3643241/NB%3A-Government-invests-in-expansion-of-Saint-Quentin-maple-syrup-producers/1