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The best GIC rates in Canada for 2024 May 18th
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The best GIC rates in Canada for 2024
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The best GIC rates in Canada for 2024 Jul 16th
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The best GIC rates in Canada for 2025 Jan 28th
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Shares in troubled Italian bank jump on rescue deal Aug 1st
MILAN – Shares in troubled Italian bank Monte dei Paschi di Siena have jumped as investors cheer a rescue deal from private investors that means the bank will not be nationalized.
Monte dei Paschi was by far the worst performer in stress tests of 51 European banks but sought to head off any sp.... More »
At the open: TSX higher as banks, energy stocks gain Sep 18th
S&P and the Dow opened at record highs
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Investors to take in earnings from major banks this week
– moneysense.ca
The Toronto stock market could benefit from further lift in the financial sector this week as traders anticipate another positive run of earnings from the big banks.
The TSX ran ahead 1.33 per cent last week after two losing weeks, lifted by a gain of about 1.2 per cent in the financial sector after Royal Bank (TSX:RY) and TD Bank (TSX:TD) posted earnings reports that blew past analyst expectations. The other big gainer was the base metals group, up about 1.5 per cent for the week, in part due to data showing a strengthening Chinese manufacturing sector.
This week, investors will take in earnings from National Bank (TSX:NA) and Scotiabank (TSX:BNS) on Tuesday, Bank of Montreal (TSX:BMO) on Wednesday and CIBC (TSX:CM) on Thursday.
Investors were impressed as RBC and TD seemed to be firing on all cylinders in the latest quarter with strong contributions from major divisions and lower loan-loss provisions.
“The expectation is (the other banks) should be issuing good results as well,” said Sadiq Adatia, chief investment officer of Sun Life Globel Investment…
The TSX ran ahead 1.33 per cent last week after two losing weeks, lifted by a gain of about 1.2 per cent in the financial sector after Royal Bank (TSX:RY) and TD Bank (TSX:TD) posted earnings reports that blew past analyst expectations. The other big gainer was the base metals group, up about 1.5 per cent for the week, in part due to data showing a strengthening Chinese manufacturing sector.
This week, investors will take in earnings from National Bank (TSX:NA) and Scotiabank (TSX:BNS) on Tuesday, Bank of Montreal (TSX:BMO) on Wednesday and CIBC (TSX:CM) on Thursday.
Investors were impressed as RBC and TD seemed to be firing on all cylinders in the latest quarter with strong contributions from major divisions and lower loan-loss provisions.
“The expectation is (the other banks) should be issuing good results as well,” said Sadiq Adatia, chief investment officer of Sun Life Globel Investment…
