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
Cruise ship rescues 24 people from boat off Florida coast - MSN Canada Oct 18th
Cruise ship rescues 24 people from boat off Florida coast MSN CanadaIs Royal Caribbean Stock a Buy? Motley FoolJudge Warns Carnival of Needing Ship Certification 60 Days Prior to Sailing TravelPulseIs it worth it to book a short 3-night cruise? Royal Carib.... More »
Housing market has gone into 'hibernation' CREA says, with lower sales, listings and flat prices - CBC News Nov 15th
Housing market has gone into 'hibernation' CREA says, with lower sales, listings and flat prices CBC NewsAverage home price in Canada rises to $656625 as monthly sales slow: CREA - Business News Castanet.netCanadian home sales slow in October as many buyers have already 'gone i.... More »
How much income do I need to qualify for a mortgage in Canada? + MORE Jun 19th
The Bank of Canada made a long-awaited rate cut on June 5, but the effects of lower mortgage rates have yet to trickle down into housing market data. That was evident in May, as real estate affordability continued to worsen for would-be home buyers.
The latest monthly affordability report from Ra.... More »
Most actively traded companies on the TSX + MORE Apr 19th
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (13,867.28, up 147.46 points):
Teck Resources Ltd. (TSX:TCK.B). Miner. Up $1.04, or 8.46 per cent, to $13.34 on 12.7 million shares.
First Quantum Minerals Ltd. (TSX:FM). Miner. Up $1.20, or 15.73 .... More »
Schools should teach financial savvy, student says + MORE May 26th
Without careful money management, students can drown in debt
.... More »
TSX, loonie lower as oil weakens
– thestar.com
The Toronto stock market was lower at the close as crude prices fell amid fresh comments from Iran that it intends to increase oil production.
Emergent Capital posts loss of $13.9 million in 4th quarter
– canadianbusiness.com
VANCOUVER – VANCOUVER, British Columbia (AP) _ Emergent Capital Inc. (EMG) on Monday reported a fourth-quarter loss of $13.9 million, after reporting a profit in the same period a year earlier.
The Vancouver, British Columbia-based company said it had a loss of 50 cents per share. Losses, adjusted to account for discontinued operations, were 49 cents per share.
The specialty finance company posted revenue of $3.1 million in the period.
For the year, the company reported that its loss widened to $31 million, or $1.25 per share. Revenue was reported as $46.9 million.
In the final minutes of trading on Monday, the company’s shares hit $3.99. A year ago, they were trading at $7.10.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EMG at http://www.zacks.com/ap/EMG
_____
Keywords: Emergent Capital, Earnings Report
The post Emergent Capital posts loss of $13.9 million in 4th quarter appeared first on Canadian Business – Your Source For Business News.
The Vancouver, British Columbia-based company said it had a loss of 50 cents per share. Losses, adjusted to account for discontinued operations, were 49 cents per share.
The specialty finance company posted revenue of $3.1 million in the period.
For the year, the company reported that its loss widened to $31 million, or $1.25 per share. Revenue was reported as $46.9 million.
In the final minutes of trading on Monday, the company’s shares hit $3.99. A year ago, they were trading at $7.10.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EMG at http://www.zacks.com/ap/EMG
_____
Keywords: Emergent Capital, Earnings Report
The post Emergent Capital posts loss of $13.9 million in 4th quarter appeared first on Canadian Business – Your Source For Business News.
This Canadian bank stock is a solid core holding for investors
– theglobeandmail.com
Historically, this stock has traded at a premium relative to its peers, and with time, shares should resume its dominant position and premium valuation
It’s complicated: The trouble with GoldenTree’s Postmedia sale
– theglobeandmail.com
Search for a buyer may face additional hurdles due to Postmedia’s share structure, which was designed to fit within Canada’s rules around foreign ownership of media assets
Valeant CEO aiming to reassure investors with release of delayed Q4 results
– canadianbusiness.com
MONTREAL – Valeant Pharmaceuticals will try reassure investors this morning as the embattled drug and health-care products maker finally releases its long-delayed quarterly results.
After a two-month medical leave, CEO Michael Pearson has vowed to update shareholders on the company’s “progress” and outlook for the coming year by releasing preliminary fourth-quarter results.
Valeant delayed its results after Pearson was hospitalized for severe pneumonia and again when he returned to work two weeks ago.
The Quebec-based company has struggled since a critical report disclosed connections with a U.S. mail order pharmacy amid political accusations of price gouging that further punished its reputation.
Once one of Canada’s largest companies, Valeant has seen its stock price crater to about $91 from a week high of $348, with its market capitalization more than halved since October alone.
Valeant’s (TSX:VRX) net profit is expected to fall 15 per cent to US$462…
After a two-month medical leave, CEO Michael Pearson has vowed to update shareholders on the company’s “progress” and outlook for the coming year by releasing preliminary fourth-quarter results.
Valeant delayed its results after Pearson was hospitalized for severe pneumonia and again when he returned to work two weeks ago.
The Quebec-based company has struggled since a critical report disclosed connections with a U.S. mail order pharmacy amid political accusations of price gouging that further punished its reputation.
Once one of Canada’s largest companies, Valeant has seen its stock price crater to about $91 from a week high of $348, with its market capitalization more than halved since October alone.
Valeant’s (TSX:VRX) net profit is expected to fall 15 per cent to US$462…
