Category: Uncategorized
Calendar: June 3 – June 7
Monday June 3China PMIJapan manufacturing PMI and capital spending(9:30 a.m. ET) Canada’s S&P manufacturing PMI for May.(9:45 a.m. ET) U.S. S&P manufacturing PMI for May.(10 a.m. ET) U.S. ISM manufacturing […] This post is only available to members. If you are already a member then cleck here to Login log in
May 31, 2024: Oil Futures Settle Lower On Demand Concerns
Oil prices fell on Friday, extending losses to a third straight day, amid concerns about the outlook for demand. Expectations of interest rate cuts by central banks, and hopes that […] This post is only available to members. If you are already a member then cleck here to Login log in
CWB Financial Group raises dividend as second-quarter profit up from year ago
CWB Financial Group CWB-T +1.38%increase raised its quarterly dividend to 35 cents per common share, up one cent from its previous quarter, as it reported its second-quarter profit rose compared with a year […] This post is only available to members. If you are already a member then cleck here to Login log in
U.S. economic growth revised lower for first quarter; unemployment claims edge up
The U.S. economy grew more slowly in the first quarter than previously estimated after downward revisions to consumer spending, the Commerce Department reported on Thursday.Gross domestic product – the broadest […] This post is only available to members. If you are already a member then cleck here to Login log in
RBC profit beats analyst estimates as it absorbs HSBC Canada
Royal Bank of CanadaRY-T +3.01%increase reported higher second-quarter profit that beat analysts’ estimates on a boost from its capital markets business as the lender set aside lower-than-expected provisions for potentially sour loans.RBC […] This post is only available to members. If you are already a member then cleck here to Login log in
CIBC earnings beat estimates, building on earlier momentum
Canadian Imperial Bank of CommerceCM-T +3.28%increase reported second quarter earnings that beat analyst estimates, helping the lender build on the positive momentum it has established in recent months.CIBC made $1.7-billion last quarter, […] This post is only available to members. If you are already a member then cleck here to Login log in
Canada’s residential mortgage debt hits $2.16-trillion amid slowest growth in 23 years: CMHC
Canada Mortgage and Housing Corp. says the country’s total residential mortgage debt totalled $2.16-trillion as of February this year, up 3.4 per cent year-over-year and representing the slowest growth in […] This post is only available to members. If you are already a member then cleck here to Login log in
May 29 : TSX Ends Sharply Lower As Stocks Tumble On Rate Concerns
Canadian stocks tumbled on Wednesday on concerns the Federal Reserve might keep interest rates higher for longer in the event of U.S. inflation readings coming in hotter than expected.The Commerce […] This post is only available to members. If you are already a member then cleck here to Login log in
BMO Financial Group reports $1.87B Q2 profit, raises quarterly dividend
BMO Financial Group raised its dividend as it reported a profit of $1.87 billion in its latest quarter, up from $1.03 billion a year earlier.The bank says it will now […] This post is only available to members. If you are already a member then cleck here to Login log in