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What Legal Cannabis Means For Canada's Economy
Monday, November 5, 2018 - 4:52pm | 766Read More...Canada is buzzing after the legalization of recreational cannabis, with long lines at the few retailers already open, a supply shortage, impaired driving fears, people taking to the streets in joy ... But what does legalization mean for the Canadian economy? How much is the market...
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Keefe, Bruyette & Woods Turns Sour On Canadian Banks, Downgrades Sector To Underweight
Friday, February 20, 2015 - 1:16pm | 324Read More...In 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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UPDATE: Performance of Benzinga's Top Downgrades
Friday, May 31, 2013 - 3:56pm | 166Read More...Bank of America downgraded Canadian Imperial Bank of Commerce (NYSE: CM) from Buy to Neutral. The target price for Canadian Imperial Bank of Commerce has been lowered from $96 to $89. Canadian Imperial Bank of Commerce's shares closed at $76.90 yesterday. Stock down 1.77 percent to $75.54....
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Canadian Bank Earnings Season Off to a Strong Start (BNS, BMO, RY)
Tuesday, August 28, 2012 - 5:09pm | 492Read More...Two 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 | 824Read More...Canada'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...
