Citigroup tops earnings estimates on better-than-expected trading revenue Here are the numbers: $2.02 per diluted share vs $1.55 a share Refinitiv estimateRevenue: $19.19 billion vs $18.15 billion estimate How big […]
Author: Consultant
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Elon Musk offers to buy Twitter, take it private
Elon Musk offers to buy Twitter, take it private Musk’s best and final offer was to pay $54.20 per share for 100% of Twitter, and said that if his offer […]
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RBC, TD, Scotiabank and CIBC raise prime rate to 3.20% after Bank of Canada hike
Banks Raise Prime Rate to 3.20% Royal Bank of Canada and TD Bank were among the first big Canadian lenders to announce Wednesday that they were following the Bank of […]
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Kevin Carmichael: Brace for more big hikes because the Bank of Canada is far from finished
Kevin Carmichael: Brace for more big hikes because the Bank of Canada is far from finished Governor Tiff Macklem and his deputies raised the benchmark interest rate by half a percentage point […]
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Broad increase in U.S. producer prices underscores tough inflation battle for Federal Reserve
Broad increase in U.S. producer prices underscores tough inflation battle for Federal Reserve U.S. monthly producer prices increased by the most in more than 12 years in March amid strong […]
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Remember the bet on rebounding airline stocks? It’s now worth another look
Remember the bet on rebounding airline stocks? It’s now worth another look Airline stocks have been a disappointing bet over much of the past year: We are more or less […]
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Asia-Pacific stocks mixed as data shows China’s exports rose more than expected
Asia-Pacific stocks mixed as data shows China’s exports rose more than expected Asia-Pacific stocks were mixed on Wednesday.U.S. consumer prices rose 8.5% in March as compared with a year ago, […]
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Before the Bell: April 13, 2022
APRIL 13: Before The Bell Equities Wall Street futures edged higher early Wednesday as investors continued to weigh the latest U.S. inflation figures and brace for the start of earnings […]
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Bank of Canada is widely expected to raise its interest rate by 0.5% today. Here’s what that means for Canadians
The Bank of Canada is expected to announce its second interest rate hike of the year at Wednesday’s policy meeting, with economists predicting it will be the largest in two […]