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Stock market news for investors: Transat, Empire and Algoma report earnings + MORE Mar 14th
These companies reported earnings this week
Transat A.T. Inc.
Empire Company Ltd.
Algoma Steel
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US ethics monitor condemns Trump plan to pass reins of business empire to sons Eric and Donald Jr. - Ottawa Citizen + MORE Jan 12th
Ottawa CitizenUS ethics monitor condemns Trump plan to pass reins of business empire to sons Eric and Donald Jr.Ottawa CitizenWASHINGTON — The director of the federal government's ethics agency Wednesday blasted President-elect Donald Trump's plan to maintain his business empire by turni.... More »
Money in the bank: Ottawa looks for new ways to tax dormant accounts + MORE Jan 13th
Ottawa wants to reform and expand its national registry of "unclaimed balances" — money in financial accounts that Canadians have forgotten they own. The proposal would add unclaimed pensions to the registry, but critics say that with about $6 billion in dormant assets up for grabs.... More »
Apple Decreasing Production for iPhone 14 Plus, Report Says - CNET Oct 19th
Apple Decreasing Production for iPhone 14 Plus, Report Says CNETApple takes a hit on report it plans to cut production on iPhone 14 Plus CNBC TelevisionApple cuts iPhone 14+ production less than 2 weeks after debut ForexLiveApple reportedly cuts production figures on.... More »
What to expect from Mark Carney’s fiscal update amid high deficits and rising risks - Toronto Star Apr 26th
What to expect from Mark Carney’s fiscal update amid high deficits and rising risks Toronto StarCarney faces pressure to show results in spring fiscal update: former PBO Global NewsLiberals must show results in spring economic update: former PBO Winnipeg SunCarney .... More »
RBC boosts annual profit by 11 per cent, up to $10.3B – CTV News
– news.google.ca
CTV NewsRBC boosts annual profit by 11 per cent, up to $10.3BCTV NewsTORONTO — Royal Bank of Canada (TSX:RY) reports that its 2015 profit was $10.03 billion, an 11 per cent increase from last year. That included $2.59 billion in the fourth quarter ended Oct. 31, which was also up 11 per cent. RBC's profit amounted to …Royal Bank boosts annual profit by 11% to $10.03 billionCBC.caRBC fourth-quarter earnings beat estimates on retail bankingReuters CanadaRBC profit climbs 11% to record, led by capital markets businessThe Globe and Mail (subscription)all 21 news articles »
What is a fair fee to pay my financial adviser?
– theglobeandmail.com
No description available
Royal Bank boosts annual profit by 11% to $10.03 billion
– canadianbusiness.com
TORONTO – Royal Bank of Canada (TSX:RY) reports that its 2015 profit was a record $10.03 billion, an 11 per cent increase from last year.
That included $2.59 billion in the fourth quarter ended Oct. 31, which was also up 11 per cent.
RBC’s profit amounted to $1.74 per common share for the quarter — above analyst estimates — and $6.73 for the full year. Its quarterly dividend remains 79 cents per share, payable Feb. 24.
“We had record earnings of $10 billion in 2015, reflecting the strength of our diversified business model and our ability to execute our growth strategy in a changing environment,” Dave McKay, RBC president and CEO, said in a statement.
Royal’s fourth-quarter growth was largely driven by its capital markets operations, which increased its net income by 38 per cent or $153 million to $555 million.
Its corporate support arm also benefited from a favourable tax adjustment, which pushed up that segment’s net income to $200 million from $126 million in the fourth quarter of 2014…
That included $2.59 billion in the fourth quarter ended Oct. 31, which was also up 11 per cent.
RBC’s profit amounted to $1.74 per common share for the quarter — above analyst estimates — and $6.73 for the full year. Its quarterly dividend remains 79 cents per share, payable Feb. 24.
“We had record earnings of $10 billion in 2015, reflecting the strength of our diversified business model and our ability to execute our growth strategy in a changing environment,” Dave McKay, RBC president and CEO, said in a statement.
Royal’s fourth-quarter growth was largely driven by its capital markets operations, which increased its net income by 38 per cent or $153 million to $555 million.
Its corporate support arm also benefited from a favourable tax adjustment, which pushed up that segment’s net income to $200 million from $126 million in the fourth quarter of 2014…
Jones Lang LaSalle opens Canadian investment banking unit
– theglobeandmail.com
Commercial real estate firm wants to spur domestic deals and also attract more foreign investment in everything from Canadian office buildings to shopping malls to warehouses
Chennai floods live: City marooned after torrential rains, PM Modi takes stock … – Firstpost
– news.google.ca
FirstpostChennai floods live: City marooned after torrential rains, PM Modi takes stock …FirstpostPrime Minister Narendra Modi on Wednesday took stock of the flood situation in Tamil Nadu and discussed it with his cabinet colleagues, including the Home and Finance Ministers. "I want to inform the House that today morning the Prime Minister met the …Life comes to grinding halt in Chennai, suburbsTimes of IndiaChennai Floods: IT companies invoke alternate plans as rain hits the cityDaily News & AnalysisUPDATE 4-Record rains flood south Indian state; more to comeReutersIndiatimes.com -The Indian Express -onmanoramaall 949 news articles »
