U.S. equity markets opened higher this morning after the weekly report on new claims for U.S. unemployment benefits came in lower than expected (more coverage here) and the second estimate of GDP…
U.S. equity markets opened lower again this morning following Senator Harry Reid’s comments that negotiations on the U.S. fiscal cliff were not going well. In Asia, markets reacted badly to the report…
Ally Financial inc.Just to keep you up-to-date on a business that is owned by U.S. taxpayers, Ally Financial Inc. said today that it had sold its Canadian assets to Royal Bank of…
Stocks got off to a good start this morning following the Labor Department’s report on non-farm payrolls, up slightly less than expected at 120,000 new jobs, and an unexpected drop in US…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Amazon.com Inc. (NASDAQ: AMZN) Maintained Buy with $255 target at BofA/ML.…
Most investors today believe that none of the banks are paying high-yielding dividends any longer. While it is true that J.P. Morgan Chase & Co. (NYSE: JPM) is going to reinstate its…
Bank of Montreal (NYSE: BMO) is expanding in the U.S. The fourth largest bank in Canada is acquiring Marshall & Ilsley Corp. (NYSE: MI) for $4.1 billion in stock. The terms call…
These are some of this Thursday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Canadian Imperial Bank of Commerce (NYSE: CM) Raised to Equal-Weight at Morgan Stanley. Cooper…
These are some of this Monday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Abercrombie & Fitch Co. (NYSE: ANF) Added to Goldman Sachs Conviction Buy List. Air…
The Bank of Canada this morning announced a hike for the overnight rate by 0.25%. The new overnight rate is still only 0.75%. The Bank Rate is correspondingly 1.00% and the deposit…
The Corporate Library’s latest annual review of corporate governance at TSX 60 companies in Canada turned up eleven which present high or very high concerns with regard to CEO compensation: Kinross Gold Corporation (NYSE:KGC)…
