TSX getting you down? There are always sound investment alternatives.
Latest News
Rockwell Collins to buy B/E Aerospace for $6.4 billion + MORE Oct 24th
NEW YORK, N.Y. – The move by Rockwell Collins Inc. to buy B/E Aerospace Inc. will combine two of the biggest suppliers to airplane makers and airlines.
Rockwell announced Sunday that it will pay $6.4 billion to buy its rival, a 22.5 per cent premium over B/E’s closing stock price on Frid.... More »
For a child’s dreams, are parents going for gold, or broke? + MORE Aug 1st
The Olympics spark hope in many a child of going for the gold. But in financially supporting those dreams, some parents are going for broke.
For his 15-year old son’s travel hockey team, Tim Richmeier was spending about $5,000 a season: using his tax refunds, halting contributions to his 401(k.... More »
AbbVie tops 2Q net income expectations, misses revenue forecasts + MORE Jul 24th
NORTH CHICAGO, Ill. – AbbVie Inc. (ABBV) on Friday reported second-quarter profit of $1.37 billion.
The North Chicago, Illinois-based company said it had profit of 83 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, came to $1.08 per share.
The results exceed.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Mar 31st
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
Advertisement
Why trust us
MoneySense is an.... More »
Making sense of the markets this week: June 14 Jun 11th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Meme stocks: They’re back…
I thought new investors would get tired of losing money. But I guess not.
Crowd co-ordinated investing in companies specifically to drive the .... 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 »
