Markets
Bank of Canada increases overnight rate target to 1/2%
The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 1/2 per ……Read More
Business
Markets
Scotiabank reports record second quarter earnings of $1.1 billion
Scotiabank today announced second quarter net income of $1,097 million, up $225 million or 26% compared with the same period last year. Quarter over quarter, ……Read More
Markets
Cash cut for de-frisked markets still not de-risked
Far from de-risked on policy, politics, fundamentals or behavior, markets (S&P 500 at 1073 and MSCI World at 1063, U.S. 10 Year T-Bonds 3.2%, Gold ……Read More
Markets
Sprint Nextel soars, What else to buy?
Sprint Nextel shares jumped more than 20 percent since April, the most of any other stock in the S&P 500 in May, a month where ……Read More
Markets
Strong fundamentals should see Canada lead G-7 economies in the coming decade: CIBC World Markets Inc
Lower government and corporate debt, immigration, and trade balance mean it’s Canada’s "time to shine" Strong commodity demand, comparatively low government and corporate debt along ……Read More
Markets
Fast Money: The Bull Market No One Bought
If a bull market happens on Wall Street and no one else buys it, does it really matter? The S&P 500 Index was up 79.9 ……Read More