For the third quarter, Great-West Lifeco Inc. reports net earnings attributable to common shareholders of $674 million or $0.682 per common share, compared to $720 million or $0.724 per common share for Q3 2015. Net earnings are $1,965 million, compared to $2,079 million for Q3 2015. This represents $1.982 per common share, compared to $2.086 […]
Industrial Alliance Insurance and Financial Services Inc. reports positive third-quarter results over last year: Net income attributed to common shareholders increased to $144.4 million (+28%). Diluted earnings per share (EPS) increased to $1.40 (+$0.29). Annualized return on equity (ROE) increased to 14.7% (+240 bps). Read: When revenue recognition is questionable Further profitability highlights: The new-business […]
CEO Harris Fricker says, “We have a host of options, luckily, that are all pretty darn attractive.”
When corporate profits are on the upswing, investors usually get excited. But these are not usual times.
With loan loss provisions factored in, ATB's net income for the quarter, that ended June 30, 2016, stood at $25 million. That's down 62% from the same quarter a year ago.
Concordia International stock plunged to the lowest level in more than two years on Friday.
Analysts are anticipating another anemic quarter for corporate profits, says Nasdaq Advisory Services expert.
What can be done to bring it back?
RBC is at the top of Canadian Business's Investor 500 Stock Ranking.
National Bank has reported net income of $210 million for the second quarter of 2016, down from $404 million in the same quarter of 2015.