The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Property owners and parents must often compromise to pay for kids and a house + MORE Sep 15th
TORONTO – When 30-year-old Jessica Moorhouse and her husband recently moved into their $460,000 townhouse in Toronto’s west end, they weren’t buying the detached home of their dreams.
Still, the young couple felt good they’d found an affordable place within the city’s h.... More »
Stock news for investors: Mixed fortunes for Lululemon, Couche-Tard, and Power Corp Mar 20th
Here’s a round-up of news for Canadian investors this week.
Lululemon
Alimentation Couche-Tard
Power Corp. of Canada
Featured RRSP Accounts
featured
EQ Bank
Build your retireme.... More »
Canadian Real Estate Prices To See The Sharpest Drop In Global Downturn: Goldman - Better Dwelling - Better Dwelling Jul 4th
Canadian Real Estate Prices To See The Sharpest Drop In Global Downturn: Goldman - Better Dwelling Better DwellingCanadian home sales could decline 23% in 2022: TD | Urbanized Daily HiveCalgary home sales slowed in June: CREB | CTV News CTV News CalgaryHome sales to .... More »
Wealthsimple Co-Founder and CEO Michael Katchen on Simplifying Finance Services Oct 3rd
As a changemaker in Canada’s financial services sector, Wealthsimple entered the arena in 2014 as a digital investment platform. Today, it has evolved tremendously into a company modernising the user experience with one overarching goal in mind—money, simplified.
“We offer core servic.... More »
Housing market to slow in 2018 but prices to rise + MORE Dec 13th
TORONTO — New stricter mortgage rules are expected to slow the housing market next year, but prices are still expected to rise about five per cent, according to a report by Royal LePage.
In its market survey forecast, the real estate firm says its house price composite, which measures prices in 53.... More »
UnitedHealth beats 1Q profit forecasts
– canadianbusiness.com
MINNEAPOLIS – MINNEAPOLIS (AP) _ UnitedHealth Group Inc. (UNH) on Tuesday reported first-quarter profit of $1.61 billion.
The Minneapolis-based company said it had net income of $1.67 per share. Earnings, adjusted for amortization costs, came to $1.81 per share.
The results surpassed Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.72 per share.
The largest U.S. health insurer posted revenue of $44.53 billion in the period, which fell short of Street forecasts. Eight analysts surveyed by Zacks expected $44.72 billion.
UnitedHealth expects full-year earnings in the range of $7.75 to $7.95 per share, with revenue expected to be $182 billion.
UnitedHealth shares have increased roughly 9 per cent since the beginning of the year, while the Standard & Poor’s 500 index has climbed 2.5 per cent. The stock has increased 5 per cent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights…
The Minneapolis-based company said it had net income of $1.67 per share. Earnings, adjusted for amortization costs, came to $1.81 per share.
The results surpassed Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.72 per share.
The largest U.S. health insurer posted revenue of $44.53 billion in the period, which fell short of Street forecasts. Eight analysts surveyed by Zacks expected $44.72 billion.
UnitedHealth expects full-year earnings in the range of $7.75 to $7.95 per share, with revenue expected to be $182 billion.
UnitedHealth shares have increased roughly 9 per cent since the beginning of the year, while the Standard & Poor’s 500 index has climbed 2.5 per cent. The stock has increased 5 per cent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights…
Debt-burdened Valeant faces tough choices in asset sales
– theglobeandmail.com
Drug makers challenge will be choosing which assets to sell without compromising any of its key businesses, analysts and investment bankers say
Premarket: Stocks rise as oil prices shrug off Doha failure
– theglobeandmail.com
European shares hit three-month high after Asian gains; oil rises, lifting investor appetite for risky assets
The Latest: European markets track Asia higher as oil jumps
– canadianbusiness.com
LONDON – The Latest news on global financial markets (all times local):
9:10 a.m.
European stock markets are tracking their Asian counterparts higher as oil prices recouped losses they recorded in the wake of the failure of oil-rich nations to cap production.
Among Europe’s main indexes, Germany’s DAX was trading 1.3 per cent higher at 10,253 while Britain’s FTSE 100 rose 0.8 per cent to 6,406.
The gains in Europe came after a strong session in Asia. Japan’s Nikkei led the advance as it notched up a 3.7 per cent to close at 16,874.44.
The improving sentiment in stock markets has been helped by the rally in oil prices following an initial decline of about 7 per cent in the wake of Sunday’s failure by oil-producing nations to announce a production cap. A barrel of benchmark New York crude was up 67 cents at $40.45.
The post The Latest: European markets track Asia higher as oil jumps appeared first on Canadian Business – Your Source For Business News.
9:10 a.m.
European stock markets are tracking their Asian counterparts higher as oil prices recouped losses they recorded in the wake of the failure of oil-rich nations to cap production.
Among Europe’s main indexes, Germany’s DAX was trading 1.3 per cent higher at 10,253 while Britain’s FTSE 100 rose 0.8 per cent to 6,406.
The gains in Europe came after a strong session in Asia. Japan’s Nikkei led the advance as it notched up a 3.7 per cent to close at 16,874.44.
The improving sentiment in stock markets has been helped by the rally in oil prices following an initial decline of about 7 per cent in the wake of Sunday’s failure by oil-producing nations to announce a production cap. A barrel of benchmark New York crude was up 67 cents at $40.45.
The post The Latest: European markets track Asia higher as oil jumps appeared first on Canadian Business – Your Source For Business News.
