BNN - Wednesday, May 22, 2024 - 11:00 a.m. (ET) - Segment #2

out there, it is pretty quite it pretty fierce at this point. You know, you have things like aloe, you still have fab latics, you have a whole bunch of different companies out there trying to do something similar or even going past what lululemon does. And I think that's really where the concern can they still ramp up sales, you know, will there still be this growth that they had seen in the past? And that's really where the concern is. And that's why at least one analyst says is calling this latest news. Adding to the wall of worry for lululemon. All right. And we mentioned in our newscast, the latest on anglo american and bhp could can you walk us? This is a big development today in a story that's been. >> Building. Can you walk us through with the latest update is. >> Yeah, you know, I think the today everybody was quite excited about this in a deadline to announce something or another with where this deal was going, was actually going to be 5:00pm london time, which is 12 o'clock for us now. Both companies came out with their own announcements. You know, anglo american basically saying that they do want to extend the deadline. It has now been extended to next week. May 29th this where the deadline is that we also found out that bhp did put in what they call their final offer, which was roughly at about 49 billion dollars for this deal to go through. Now what bhp still saying is they do want to spin off angle. Americans. I adore unit and its platinum unit and they want to focus on copper, you know, anglo, at least having a conversation with bhp right now, which they weren't doing before. So still having this back and forth again. Bhp has said the offer is final, but they are willing to make a few t tweaks to the current offer. That's on the table. I think that's where you stand at this point. You have about a week to see what could come through from this. But I think it's quite positive from the perspective of at least anglo american is engaging in discussions with bhp, which they did not have before. Thank you very much. A helpful breakdown, bloomberg's divya balji on the anglo american story there. We'll take a quick break. Td bank is set to report quarterly results tomorrow, kicking off. >> Earning season for the big financial players on bay street. But in the case of td, obviously, it's been a bumpy year as it faces questions about ties to a money laundering operation south of the border. We'll dig deeper into some of the government's implications next. (Mid-tempo music) Welcome to Own Your Sharewith RealShare. I'm Glenn Baxter with CompanyCEO Shaily Srivastava and President Adi Koparde. RealShare is a new onlineinvestment platform specializing in real estate. Can anybody join? Most individuals 18and up are eligible. RealShare is registered inOntario, British Columbia, Alberta and Manitoba and weare soon expanding into other provinces. And how do investorsget started? It's easy. Go to RealShare.ca, createan account and access your qualified deals. RealShare is a platform thatprovides investors with research, investments and alsomaintain and manage their portfolio. Once you've created youraccount, what's the next step? Simply select the suitable deal,click on invest now and complete the documentation. If there are any furtherquestions, our team of experts will reach out to you. What about making returnson your investment? Great question. Return is the most importantpart of investing. So when you invest withRealShare, everything is handled within the platform. So whether it is your returnof capital or it is your distribution, it comes to yourinvestor account and you can decide to withdraw or reinvestas per your preferences. Shaily , Adi,thank you so much. For more information,go to RealShare.ca. Announcer: Hone your sharewith RealShare. Private real estate investingcan be exclusive. But what you had a way in? RealShare provides online accessto a wide range of high quality private realestate opportunities. Expand your portfolio, diversifyfrom the volatile stock market. Whether you're looking forpassive income, a tax strategy or the option to invest in realestate development, private REITs or mortgage funds,RealShare is the answer. It's easy, fast, freeto join and secure. To find out how to own yourshare, go to RealShare.ca. She'll never bend the knee. The greens are coming for you, Rhaenyra, and for your children. (Dramatic music) Otto: It is your great privilege to witness this, a new day for our realm! (Cheering) (Roar) Rhaenyra: We don't choose our destiny. It chooses us.

This might be the perfect place to build my future. I'm going to be a mom. I've got regrets, but... It's no reason to just give up. Life's got a way of showing you what your next move is going to be. As long as you're open to seeing it. Sullivan's crossing new episode on ctv stream on all your favourite devices (Upbeat electronic music) td bank is set to report earnings tomorrow. Investors and analysts will also seek some clarity on some of the uncertainty is right now. The bank has been in hot water as it faces a series of money-laundering probes in the united states in connection with the illegal drug trade. Earlier we spoke with richard leblanc, he's a professor of governance york university. Law school. >> It could be a lost decade for td. The investigatory the fines are predicted to be 2 billion dollars. So this is not around here it he was alleged to laundered the hundreds of millions of dollars branches in new jersey in new york by employees accepting gift cards. So in theory, jon, you know, osfi anti-money laundering and internal controls died. The system should however, when you get large very quickly and you will acquire and you and you have a foray into the u.s., those are risks that, you know, any good board of directors will be asking the ceo about. >> And what do you think the biggest four-room questions are going you know, obviously go, how could it happen? I you know, osfi it gives internal a line of sight to the board of directors. So internal audit should be reporting right into board rule on the adequacy of the controls. The second conversation that should have is the tenure of the ceo. We now mr. Redman story is 67 years old? He's been at the helm for 10 years. Same as the royal bank of 10 year right and same a cibc our 10 year run. There has been some talent exodus, a job for me from toronto dominion senior. Managers that were deemed to be near ceo so succession planning is should be on tv boards, radar screen and in particular, you know, should should we go to the outside and do we have internal talent that is ceo ready. You see you saw last year that time bank nova scotia went to the outside. Normally you don't go to the outside, but there is somewhat of a precedent to take a look at and the outside talent availble. >> And when you're trying to address both the issue of of, of but also ceo succession at the same time. What goes into the thinking there? >> Well, the conversation in a border man would be, you know, seen these types of conversations and you could even apply this to the toronto blue jays, you know, who have been underperforming for the last 3 or 4 years. And the conversation goes like this. Jon, is it the people at the helm who either oversaw the problem or or or created the problem, are they but people to solve the problem and that's, you know, a legitimate question that board will ask is, should we initiated change now or should we wait this out? The argument, of course, for waiting it out is that you got a seasoned the ceo of to how and do they understand what has occurred? They're able to make it right. The counterpoint to that is, you know, it's a time for change. And the board sets the tone from the talk and they have the argument also is that the people that guy in mask or not the people to fix the by speaking, but that's the type of conversation when you have an intersection of I significant internal control failure and a succession. That's the type of conversation that that often occurs. >> And what about the communication around al of that because we, we don't really know much about >> The >> The road ahead on the ceo front and we also still don't quite know what what the the net financial penalties will be. I'm sure all the analysts are going to want to ask questions about that this

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