News and resources for Canada's top financial advisors
Est. 1998
Economic Indicators
There were few strong economic reports last week. Perhaps the most impressive print was the U.S. Initial Jobless Claims, which fell to 350,000, but the bounce from this data was tepid at best.
By Gareth Watson |July 16, 2012
3 min read
Industry
Have you earned your CFA designation?
By Staff |July 14, 2012
2 min read
Earlier this week, CIBC Capital Markets predicted Canadian banks would grow an average 5.3% in 2012’s second quarter. Bank of Montreal, however, far surpassed those expectations, with profits leaping 27%. The bank beat analyst expectations on stronger results in both its U.S. and Canadian retail operations. Read: RBC is top North American bank for more […]
By Staff, with files from The Canadian Press |May 23, 2012
Market Insights
When companies use accounting to make profits look bad
April 1, 2012
5 min read
Desjardins Financial Security (DFS), a subsidiary of Desjardins Group, recorded profits of $225.5 million for 2011, posting a year-over-year increase of 13.5%.
By Staff |March 14, 2012
1 min read
Despite low interest rates and economic uncertainty, Standard Life Financial today reported net income of $244 million in 2011, slightly down from $252 million 2010.
By Vikram Barhat |March 13, 2012
Macquarie has slashed its full-year profits guidance, underlining the tough conditions currently facing the investment banking industry.
February 7, 2012
When the Canadian life insurers reported their third quarter results, billions of dollars in red ink flowed. Investors and executives alike were blaming the accounting rules. Frankly, we had to smile.
By Dr. Al Rosen, Mark Rosen |November 8, 2011
6 min read
Third quarter volatility hurt more than your client statements; it took a bite out of the earnings of the brokerage industry.
By Wire services |November 4, 2011
Second quarter market volatility dealt a blow to the earnings of GMP Capital, which has reported net income of $5.1 million in net income, down from $24.1 million in the corresponding quarter last year. “We’re highly sensitive to market conditions in the mid-cap segment,” said CEO Harris Fricker. “To date, I don’t think its any […]
By Wire services |August 5, 2011
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