Great-West Lifeco Inc. has reported Q1 net earnings of $700 million, compared to $587 million for the same period in 2014, an increase of 19%.
Manulife has reported net income of $723 million in the first quarter of 2015, compared with $818 million in the same period last year.
Twitter’s share prices tumbled April 28 when its financial results were leaked before the market closed.
Consumer discretionary companies have been outperforming consumer staples.
The U.S. economy slowed in the fourth quarter.
U.S. GDP growth is boosting the specialty retail sector.
For the fourth quarter ended December 31, 2014, Industrial Alliance Insurance and Financial Services Inc. reports net income attributed to common shareholders of $112.4 million, up 23% over the previous year.
For a number of quarters now, Canadian banks have had a consistent track record of either meeting or exceeding earnings expectations. That ended this week.
Standard Life Financial has reported premiums and deposits of its insurance subsidiary increased.
When investing in emerging markets, look to earnings growth and ROEs.