Toronto Stocks Drop Following Hot Jobs Numbers
In midday trading, the Toronto Stock Exchange's S&P/TSX Composite Index was 1.2% lower at 24775.30, tracking a similar 1.2% drop for the week. Energy and consumer non-durables were the only sectors in ...
Canada Unemployment Rate Dips to 6.7% in December — 2nd Update
Statistics Canada's survey showed 57,500 of the jobs added in December were full-time, while part-time roles increased by 33,500. The public sector was for a second straight month the source of much ...
A cut in January, then a pause: What jobs data mean for Bank of Canada and interest rates
“Given the still-elevated unemployment rate and the cooler wage readings, the latest labour market data still leaves the Bank of Canada in a position to cut rates,” Mendes said. He expects the Bank of ...
Canadian Stocks Tumble As Upbeat Jobs Data Raises Interest Rate Concerns
Canadian stocks are down sharply on Friday with stronger-than-expected U.S. jobs data raising concerns that the Federal Reserve will ...
Bundled pricing: How the best mortgage rates increasingly come with strings attached
Scotiabank’s best rates are typically reserved for customers in its Scotia Mortgage+ bundle program. Due to the pricing advantage, three in four new mortgage customers sign up for other financial ...
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More investors join lawsuit over Credit Suisse AT1 wipeout; Canadian banks signal potential withdrawal from climate alliance
The lawsuit, led by Quinn Emanuel Urquhart & Sullivan, alleges that Swiss authorities “folded to virtually all of UBS’s demands” during Credit Suisse’s emergency takeover, bypassing other potential ...
RBC Capital Releases a Hold Rating on BlackBerry (BB)
RBC Capital analyst Paul Treiber assigned a Hold rating to BlackBerry (BB – Research Report) today and set a price target of $4.00. The ...
RBC, Cohere partner on genAI platform development for financial services
The new platform will integrate advanced models and internal systems to secure the development of genAI solutions at RBC.
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LONDON BROKER RATINGS: Morgan Stanley raises Reckitt but cuts Haleon
Morgan Stanley raises Reckitt to 'overweight' (equal-weight) - price target 5,500 (4,600) pence Morgan Stanley cuts Haleon to 'equal-weight' (overweight) - price target 410 (400) pence ...
BBVA Sabadell Bid Tweak Stems From ‘Sloppy’ Draft, RBC Says
A small change in BBVA’s takeover offer for Banco Sabadell SA announced Thursday seems to be a correction of a previous ...
Michael Wilson Sells 25,000 Shares of Celestica Inc. (NYSE:CLS) Stock
Director Michael Wilson sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The ...
Royal Bank of Canada Reaffirms “Outperform” Rating for TD SYNNEX (NYSE:SNX)
Royal Bank of Canada reiterated their outperform rating on shares of TD SYNNEX (NYSE:SNX – Free Report) in a research report released on Tuesday morning,Benzinga reports. Royal Bank of Canada ...