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 […]
Category: Uncategorized
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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, […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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Manulife Financial reports fourth-quarter earnings of $1.66 billion
Manulife Financial Corp. says it had a net income attributed to shareholders of $1.66 billion for the quarter ending Dec. 31, up 81 per cent from $915 million in the […]
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Nat-Gas Prices Sink as Warm Winter Temps Engulf the U.S.
March Nymex natural gas (NGH24) on Friday closed -0.129 (-7.45%). Nat-gas prices on Friday closed sharply lower as a shift in U.S. weather forecasts to warmer sent nat-gas prices tumbling. […]