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Can Broadcom Or Medtronic Offer Up An Earnings Surprise?
Sunday, May 29, 2016 - 5:27pm | 637Earnings highlights this week include results from a recently merged semiconductor producer. A leading medical technology company is also set to share its latest quarterly results this week. Wall Street analysts are looking for solid bottom-line growth from each of them. In what overall will be a...
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Keefe, Bruyette & Woods Turns Sour On Canadian Banks, Downgrades Sector To Underweight
Friday, February 20, 2015 - 1:16pm | 324In a report published Thursday, Keefe, Bruyette & Woods analyst Brian Klock moved his long-term recommendation for the Canadian banking sector to Underweight from Market Weight. "We believe the outlook for muted Canadian economic growth in the first half of 2015 (which is through fiscal 3Q15...
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London Gold Price 'Fix' May Be Fixed, Say Researchers
Tuesday, March 4, 2014 - 11:32am | 643The benchmark used to set the price of gold in London, known as the gold fix, may have been manipulated for 10 years by banks, according to Bloomberg. Professor Rosa Abrantes-Metz of New York University’s Stern School of Business and Albert Metz, managing director at Moody’s, said in a draft...
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Earnings Expectations For The Week Of December 2
Sunday, December 1, 2013 - 2:06pm | 902Quarterly reports from retailers Kroger (NYSE: KR), Aeropostale (NYSE: ARO), American Eagle Outfitters (NYSE: AEO) and Dollar General (NYSE: DG) will be among the highlights this week. A couple of Chinese solar companies and the big Canadian banks are scheduled to report as well. Below is a quick...
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Canadian Bank Earnings Season Off to a Strong Start (BNS, BMO, RY)
Tuesday, August 28, 2012 - 5:09pm | 492Two of Canada's largest banks Tuesday posted unexpectedly strong third-quarter results and offered up surprise dividend increases, setting the stage for more reports from Canadian lenders on Thursday. Bank of Nova Scotia (NYSE: BNS), the country's third biggest by assets, saw a record profit of 2....
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Canadian Banks Pull Back from 52-Week Highs (BMO, BNS, CM, RY, TD)
Thursday, May 12, 2011 - 11:16am | 824Canada's big five banks—Bank of Montreal (NYSE: BMO), Bank of Nova Scotia (NYSE: BNS), Canadian Imperial Bank of Commerce (NYSE: CM), Royal Bank of Canada (NYSE: RY) and Toronto-Dominion Bank (NYSE: TD)—have all pulled back somewhat from recent 52-week highs. This could be seen as a buying...