TSX getting you down? There are always sound investment alternatives.
Latest News
Worried about PC Financial's move to CIBC? Here's what you need to know + MORE Aug 17th
CIBC and PC Financial are breaking up a 20-year banking marriage and divvying up the assets — news one financial expert says isn't necessarily a good or bad thing for consumers..... More »
Stock markets appear to be ending week on a positive note, dollar slides + MORE Jul 8th
TORONTO – Stock markets appear to be ending the week on a positive note but Canada’s dollar is down.
The loonie was at 76.46 cents US, down 0.45 of a cent from Thursday’s close.
The Toronto Stock Exchange’s S&P/TSX composite index was up 144.36 points at 14,278.82.
The Do.... More »
3 regional Indigenous tourism boards separate from ITAC amid ongoing financial concerns - CBC May 15th
3 regional Indigenous tourism boards separate from ITAC amid ongoing financial concerns CBC.... More »
Kirstine Stewart to leave Twitter + MORE Jul 21st
The Twitter logo appears on a phone post on the floor of the New York Stock Exchange, Tuesday, Oct. 13, 2015. Twitter is laying off up to 336 employees, signaling CEO Jack Dorsey’s resolve to slash costs while the company struggles to make money. (AP Photo/Richard Drew)
TORONTO — TwitterR.... More »
Can this 31-year-old Toronto drummer save enough to buy property with his partner? Nov 28th
Marco has a job he loves and pays cheap rent, but he’s recently started a new relationship that has him rethinking his long-term financial goals..... More »
Stock markets look to open positive, traders await word on ECB economic stimulus
– canadianbusiness.com
TORONTO – North American futures pointed to a positive session ahead of a key announcement on economic stimulus from the European Central Bank.
The ECB said Thursday it was leaving its key interest rate unchanged and added it would make a further announcement on monetary policy at a news conference by bank president Mario Draghi later in the morning.
There was also major acquisition news in the financial sector amid plans by Royal Bank (TSX:RY) to grow its wealth management business in the U.S. The bank is acquiring Los Angeles-based City National Corp. in a friendly cash and stock deal worth US$5.4 billion.
The Canadian dollar was little changed Thursday a day after falling 1.5 cents U.S. following the Bank of Canada’s surprising quarter-point rate cut, which took a key lending rate to 0.75 per cent. The currency added 0.01 of a cent to 81.08 cents US on Thursday.
New York’s Dow Jones industrial futures points rose 60 points to 17,551, the Nasdaq futures were 2.5 points higher to 4,185,3 and the S&P 500 futures rose 2…
The ECB said Thursday it was leaving its key interest rate unchanged and added it would make a further announcement on monetary policy at a news conference by bank president Mario Draghi later in the morning.
There was also major acquisition news in the financial sector amid plans by Royal Bank (TSX:RY) to grow its wealth management business in the U.S. The bank is acquiring Los Angeles-based City National Corp. in a friendly cash and stock deal worth US$5.4 billion.
The Canadian dollar was little changed Thursday a day after falling 1.5 cents U.S. following the Bank of Canada’s surprising quarter-point rate cut, which took a key lending rate to 0.75 per cent. The currency added 0.01 of a cent to 81.08 cents US on Thursday.
New York’s Dow Jones industrial futures points rose 60 points to 17,551, the Nasdaq futures were 2.5 points higher to 4,185,3 and the S&P 500 futures rose 2…
Southwest Airlines posts 4Q profit, results beat Wall Street forecasts
– canadianbusiness.com
DALLAS – DALLAS (AP) _ Southwest Airlines Co. (LUV) on Thursday reported fourth-quarter net income of $190 million.
On a per-share basis, the Dallas-based company said it had net income of 28 cents. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were 59 cents per share.
The results surpassed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share.
The airline posted revenue of $4.63 billion in the period, which also topped Street forecasts. Analysts expected $4.59 billion, according to Zacks.
Southwest shares have decreased 1 per cent since the beginning of the year, while the Standard & Poor’s 500 index has declined slightly more than 1 per cent. The stock has risen 96 per cent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LUV at http://www…
On a per-share basis, the Dallas-based company said it had net income of 28 cents. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were 59 cents per share.
The results surpassed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share.
The airline posted revenue of $4.63 billion in the period, which also topped Street forecasts. Analysts expected $4.59 billion, according to Zacks.
Southwest shares have decreased 1 per cent since the beginning of the year, while the Standard & Poor’s 500 index has declined slightly more than 1 per cent. The stock has risen 96 per cent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LUV at http://www…
4.5 year – 2.50%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-13. Click on the link above to get more details or apply online.
60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.
680 NewsHome»News»Business»Royal Bank to buy US-based City National in US$5.4 …680 NewsThe entrance to a Royal Bank of Canada office is seen in Orlando, Fla., Thursday, April 7, 2011. Any sale of assets from Royal Bank's (TSX:RY) U.S. operations would "remove a big factor" that has weighed on the share price of Canada's largest bank, one …RBC buys U.S. bank for $5.4 billion U.S.Hamilton SpectatorRoyal Bank of Canada to buy City National in $5.4 billion dealReuters CanadaRoyal Bank to buy U.S.-based City National in US$5.4-billion friendly dealWinnipeg Free Pressall 56 news articles »
