Oil prices fell further on Wednesday, after having fallen between 3.5 percent and 4 percent Tuesday on concerns that aggressive rate hikes may dent demand for fuel in the U.S.The […]
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Canadian Banks’ 1Q23 Provision and Expense Growth Offset Rate Benefit
NON-RATING ACTION COMMENTARYCanadian Banks’ 1Q23 Provision and Expense Growth Offset Rate BenefitMon 06 Mar, 2023 – 12:31 PM ETFitch Ratings-New York/Toronto-06 March 2023: Canadian banks’ recently reported results reflect incremental […]
Mutual Funds: Being Made A Fool
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Investors get victory in 17-year court battle with mutual fund companies
After a 17-year court battle, an Ontario judge has ruled in favour of retail investors who suffered losses as two Canadian companies had let big investors make profitable, improper trades […]
Changes coming for Canada’s big stock index
S&P Dow Jones Indices said late Friday that it’s making minor changes to the S&P/TSX Composite Index, the broadest measure of the Canadian market.The index provider said it will add […]
Calendar: Mar 6 – Mar 10
Monday March 6China trade surplus and foreign reservesEuro zone retail sales(10 a.m. ET) U.S. factory orders for January. The Street is forecasting a month-over-month drop of 1.8 per cent.Earnings include: […]
Oil prices turn positive after falling by $2 a barrel on a report UAE is considering leaving OPEC
Amid a gradually growing rift between longtime close allies Saudi Arabia and the UAE, the latter is now debating withdrawing from OPEC, the Wall Street Journal reported, citing unnamed Emirati […]
Toronto-Dominion: Fiscal Q1 Earnings Snapshot
The Toronto-Dominion Bank (TD) on Thursday reported fiscal first-quarter net income of $1.17 billion.The company said it had earnings of 61 cents per share. Earnings, adjusted for non-recurring costs, were […]