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.
Latest News
Business software firm SAP sees rise in profit, sales + MORE Jul 20th
WALLDORF, Germany – Business software maker SAP SE reported Wednesday that its second-quarter net income rose to 816 million euros ($900 million) from 469 million euros a year earlier as it expanded sales in all regions.
The company based in Walldorf, Germany, said its revenues grew to 5.24 bi.... More »
The life and times of an original “bankster” Feb 8th
Growing up in Guelph, Ont., in the 1870s, Arthur Cutten was a whiz with numbers and a shark at marbles, routinely capturing the most coveted orbs (“glassies,” if you’re curious) from his less-skilled classmates. That competitive spirit served him well years later, when 19-year-old Cutten—eag.... More »
How to Implement an Internal Coaching Program Jul 26th
In the spring of 2019, Kim Forseille, assistant vice-president of learning and development at Edmonton-based bank CWB Financial Group, learned from internal surveys and exit interviews that many workers were feeling stuck in their jobs. “People came to CWB because they wanted to progress in their .... More »
RBC earnings: A look at the bank’s Q2 financials + MORE May 31st
Royal Bank of Canada says it’s rewarding shareholders as its second-quarter profit rose from last year and it successfully closed its HSBC Canada acquisition.
The bank said Thursday it will now pay a quarterly dividend of $1.42 per share, an increase of four cents. It also said it plans to buy .... More »
Warning signs are there for stock market 'retreat': Olive + MORE Jul 29th
From over-valued markets to rising interest rates, the signs are there that a come-down is due for equities..... More »
Before the Bell: Stocks slide ahead of key China data, Fed
– theglobeandmail.com
Our equities analyst looks ahead to the investment day
London Calling: Another North American Pension Heads to the UK
– blogs.wsj.com
The $112 billion Public Sector Pension Investment Board has become the latest Canadian pension fund to open a European office in London, appointing a former Permira deal maker to spearhead its private equity efforts in the region.
Initial public offerings scheduled to debut next week
– canadianbusiness.com
NEW YORK, N.Y. – The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF manager Renaissance Capital, and SEC filings.
Week of September 14:
Nabriva Therapeutics AG – Vienna, Austria, 6 million American depositary shares, each representing 100 common shares, priced $15 to $17, managed by Leerink Partners, and RBC Capital Markets. Proposed Nasdaq symbol NBRV. Business: Developing a novel antibiotic for bacterial pneumonia.
Penumbra Inc. – Alameda, Calif., 3.8 million shares, priced $25 to $28, managed by J.P. Morgan, and BofA Merrill Lynch. Proposed NYSE symbol PEN. Business: Markets devices for neuro and peripheral vascular conditions and diseases.
RegenexBio – Rockville, Md., 5.6 million shares, priced $17 to $19, managed by Morgan Stanley, and BofA Merrill Lynch. Proposed Nasdaq symbol RGNX. Business: Developing gene therapies for rare diseases with proprietary gene delivery platform.
The post Initial public offerings scheduled to debut next week appeared first on Canadian Business – Your Source For Business News.
Week of September 14:
Nabriva Therapeutics AG – Vienna, Austria, 6 million American depositary shares, each representing 100 common shares, priced $15 to $17, managed by Leerink Partners, and RBC Capital Markets. Proposed Nasdaq symbol NBRV. Business: Developing a novel antibiotic for bacterial pneumonia.
Penumbra Inc. – Alameda, Calif., 3.8 million shares, priced $25 to $28, managed by J.P. Morgan, and BofA Merrill Lynch. Proposed NYSE symbol PEN. Business: Markets devices for neuro and peripheral vascular conditions and diseases.
RegenexBio – Rockville, Md., 5.6 million shares, priced $17 to $19, managed by Morgan Stanley, and BofA Merrill Lynch. Proposed Nasdaq symbol RGNX. Business: Developing gene therapies for rare diseases with proprietary gene delivery platform.
The post Initial public offerings scheduled to debut next week appeared first on Canadian Business – Your Source For Business News.
At midday: Drop in crude oil pulls TSX lower
– theglobeandmail.com
U.S. stocks also retreat amid volatile week
BRP delivering Ski-Doos earlier this year to reduce dealer bottlenecks
– canadianbusiness.com
MONTREAL – The maker of Ski-Doo snowmobiles is delivering inventory to dealers a couple of weeks earlier this season to ensure customers have their products well ahead of the first snowfall, in what could be a more challenging winter market.
Dealers wanted earlier deliveries to better accommodate their buyers who placed orders last spring, BRP chief executive Jose Boisjoli said Friday during a conference call about its second-quarter financial results.
“We shipped earlier to help the dealer not to have the bottleneck in the shop,” Boisjoli said.
BRP (TSX:DOO) expects global snowmobile sales will be down a little this coming season as ongoing challenges in Russia and a weak Alberta economy more than offset strength in the United States and Western Europe.
Ski-Doo orders from Western Canadian dealers were significantly lower in the second quarter, contributing to a 20 to 25 per cent reduction in overall sales from the oil producing region in the second quarter.
The rest of Canada was “flattish” for a 10 per cent reduction in Canadian sales, Boisjoli told analysts…
Dealers wanted earlier deliveries to better accommodate their buyers who placed orders last spring, BRP chief executive Jose Boisjoli said Friday during a conference call about its second-quarter financial results.
“We shipped earlier to help the dealer not to have the bottleneck in the shop,” Boisjoli said.
BRP (TSX:DOO) expects global snowmobile sales will be down a little this coming season as ongoing challenges in Russia and a weak Alberta economy more than offset strength in the United States and Western Europe.
Ski-Doo orders from Western Canadian dealers were significantly lower in the second quarter, contributing to a 20 to 25 per cent reduction in overall sales from the oil producing region in the second quarter.
The rest of Canada was “flattish” for a 10 per cent reduction in Canadian sales, Boisjoli told analysts…
