The U.S. economy grew at a solid clip in the fourth quarter amid robust consumer spending, the government confirmed on Wednesday, which bodes well for the outlook this year despite […]
Category: Uncategorized
National Bank reports higher first-quarter earnings, beats estimates
National Bank of CanadaNA-T +3.41%increase reported higher first-quarter profit that beat analysts’ estimates as a revenue boost in Canadian banking and capital markets offset higher reserves for loans that could default.National Bank […]
Royal Bank of Canada’s first-quarter profit beats estimates
Royal Bank of CanadaRY-T +0.53%increase reported first quarter profit that beat analysts’ estimates even as the lender set aside more loan loss reserves driven by rising risk in real estate.Canadian banks have […]
Bank of Montreal profit misses forecasts on higher loan-loss reserves, weaker capital markets
Bank of Montreal’s BMO-T -1.02%decrease first quarter profit missed analysts’ estimates on a slump in capital markets profit and an uptick in reserves for loans that could default.Adjusted to exclude certain items, the […]
Scotiabank’s first-quarter profit hits $2.2-billion even as loan-loss provisions rise
Bank of Nova Scotia BNS-T -0.61%decrease booked higher reserves for loans that could default even as a rise in first quarter profit beat analyst estimates.Scotiabank earned $2.2-billion, or $1.68 per share, in the […]
Nutrien sees potash demand recovering on lower prices
Fertilizer giant Nutrien Ltd. says it sees promising signs of increased demand for potash in the year ahead.The Saskatoon-based company says it expects full-year potash shipments of between 68 million […]
Economic Calendar: Feb 26 – Mar 1
Monday February 26(8:30 a.m. ET) Canadian manufacturing sales for January.(8:30 a.m. ET) Canadian wholesale trade for January.(10 a.m. ET) U.S. new home sales for January. The Street is forecasting an […]
Oil Futures Settle Sharply Lower On Demand Concerns
Published: 2/23/2024 3:17 PM ET | Despite tensions in the Red Sea due to attacks by Houthi militants near Yemen, crude oil futures settled sharply lower on Friday as concerns about the outlook […]
ERF – Enerplus Announces an 8% Increase to its Quarterly Cash Dividend for March 2024
Enerplus Corporation (“Enerplus”) (TSX:ERF.TO) (NYSE:ERF) today announced that its dividend will increase 8%, to US$0.065 per share, effective with the March 15, 2024 dividend, which is payable to all shareholders of record at the […]