Category: Uncategorized
National Bank of Canada earns $906M Q2 profit, raises quarterly dividend
National Bank of Canada reported a second-quarter profit of $906 million, up from $832 million a year earlier, and raised its dividend.The Montreal-based bank says it will now pay a […] This post is only available to members. If you are already a member then cleck here to Login log in
Scotiabank beats estimates with second-quarter earnings, sets aside more loan-loss provisions
Bank of Nova ScotiaBNS-T -0.79%decrease reported second-quarter profit that beat analyst expectations but fell from the same period last year as the lender set aside more money for loans that could default, […] This post is only available to members. If you are already a member then cleck here to Login log in
The CRA is getting more audit muscle. Here’s why tax experts are concerned
The Canada Revenue Agency (CRA) will get expanded powers to force taxpayers to provide information under oath during an audit, a new legal weight experts say is overreaching and will […] This post is only available to members. If you are already a member then cleck here to Login log in
Oil rises ahead of inflation data after downbeat week
Oil prices rose by more than $1 per barrel in muted trade owing to public holidays in Britain and the United States after a downbeat week characterized by the outlook […] This post is only available to members. If you are already a member then cleck here to Login log in
Calendar: May 27 – MAY 31
Monday May 27U.S. markets closed (Memorial Day)China industrial profitsGermany business climate(8:30 a.m. ET) Canadian wholesale trade for April.—Tuesday May 28ECB 3-year CPI expectations(8:30 a.m. ET) Canadian industrial product and raw […] This post is only available to members. If you are already a member then cleck here to Login log in
Shopify Crashes After Earnings: Should You Buy the Stock?
Shares of Shopify (TSX:SHOP)(NYSE:SHOP) fell last week after the e-commerce company reported its latest earnings numbers. Despite generating strong overall results, investors weren’t thrilled with the company’s outlook.For the three-month […] This post is only available to members. If you are already a member then cleck here to Login log in
Banking regulator orders TD to overhaul risk controls
Canada’s banking regulator has ordered Toronto-Dominion Bank TD-T -1.58%decrease to repair the nerve centre for its risk controls as the lender works to resolve money-laundering investigations that have raised the ire of American […] This post is only available to members. If you are already a member then cleck here to Login log in
TD Bank earnings beat expectations even as anti-money laundering overhaul drags
Toronto-Dominion Bank’s second-quarter profit beat analysts’ estimates on a boost in capital markets even as profit fell 22 per cent from the same quarter last year, weighed down by costs […] This post is only available to members. If you are already a member then cleck here to Login log in
Nvidia’s profit soars, underscoring its dominance in chips for artificial intelligence
Nvidia Corp. NVDA-Q -0.46%decrease on Wednesday overshot Wall Street estimates as its profit skyrocketed, bolstered by the chip-making dominance that has made the company an icon of the artificial-intelligence boom.Its net income rose […] This post is only available to members. If you are already a member then cleck here to Login log in