Royal Bank of Canada11 (TSX: RY) (NYSE: RY)) today reported net income of $3.6 billion for the quarter ended April 30, 2023, down $604 million or 14% from the prior year. Diluted EPS was $2.58, down 13% over the […]
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U.S. crude stockpiles post massive surprise drawdown, EIA says
U.S. crude oil and distillate inventories fell unexpectedly last week as imports declined, while gasoline stockpiles dropped more than forecast, the Energy Information Administration said on Wednesday. Crude inventories fell […]
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Bank Of Nova Scotia: Fiscal Q2 Earnings Snapshot
Bank of Nova Scotia (BNS) on Wednesday reported fiscal second-quarter net income of $1.57 billion. The bank, based in Toronto, said it had earnings of $1.24 per share. Earnings, adjusted […]
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BMO Financial Group Reports Second Quarter 2023 Results
BMO’s Second Quarter 2023 Report to Shareholders, including the unaudited interim consolidated financial statements for the period ended April 30, 2023, is available online at www.bmo.com/investorrelations and at www.sedar.com. Financial Results Highlights Second Quarter 2023 Compared […]
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Apple announces multibillion-dollar deal with Broadcom for U.S.-made chips
Apple on Tuesday announced a new multibillion-dollar deal with Broadcom to develop 5G radio frequency components in the U.S. “We’re thrilled to make commitments that harness the ingenuity, creativity, and […]
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Saudi oil minister warns market speculators to ‘watch out’ ahead of OPEC+ meeting
Saudi oil minister Prince Abdulaziz bin Salman on Tuesday told market speculators to “watch out,” reiterating his warning that they could face pain ahead. “Speculators, like in any market, there […]
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May 17 – The close: Stocks rise but TSX underperforms as speculation grows another BoC rate hike looms
Major stock indexes rose on Wednesday, but the Canadian benchmark underperformed Wall Street as money market traders continued to raise bets that the country’s central bank will hike interest rates […]