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TD Bank’s adjusted earnings came in ahead of analyst estimates Thursday, rising 15% from the year-earlier period after excluding the impact of U.S. tax reform and other items. The Canadian lender had $2.946 billion, or $1.56 per share, in adjusted diluted earnings per share for the fiscal first quarter ended Jan. 31. That was above […]
The bank also hiked its dividend as it reported a profit of $3 billion
Quebec’s Caisse de dépôt pension fund manager has released its financial results for the year ended Dec. 31, 2017. The annualized weighted average return on its clients’ funds is 9.3% for 2017, and 10.2% over a period of five years. In 2017 net investment results were $24.6 billion. Net deposits totalled $3.2 billion. Over five […]
The adjusted earnings of both companies were strong
Three factors that are driving U.S. corporate earnings trends
Deutsche Bank posted a 2017 loss of 497 million euros (US$627 million) on Friday
Quebec will raise the province’s minimum wage to $12 an hour as of May 1, Labour Minister Dominique Vien announced Wednesday. More than 352,000 workers stand to benefit from the 75-cent increase, the largest hike in Quebec history. Vien said in a statement the rise is in line with a four-year plan to have the […]
Canada’s banks were on a tear in the latter half of 2017. Will that continue?