Review

Canadian bank earnings begin: What you need to know before markets open

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U.S. stock index futures are higher today as the dollar retreated from the largest grow in two years and as worries about Greece receded. In early European trading, the dollar was down around another of one percent against a basket of currencies, after jumping 1.3 percent on Tuesday, its biggest rise since July 2013.Greece and its European creditors also have ...

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Profit beats for Canada’s banks mask challenges ahead

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Canada’s biggest banks are actually five for five this earnings season after Royal Bank of Canada, Toronto-Dominion Bank and Canadian Imperial Bank of Commerce all reported second-quarter earnings that topped?estimates?on Thursday. However the beats were?largely on the back of growth in the notoriously volatile capital markets business, there are signs the banks are girding for additional economic uncertainty. Indeed, tepid ...

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Avago Technologies Ltd to pay US$37-billion for chipmaker Broadcom Corp in sector’s largest acquisition ever

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Avago Technologies Ltd., a Singapore-based maker of semiconductors, decided to buy wireless chipmaker Broadcom Corp. for US$37 billion within the industry\’s biggest acquisition ever. Avago will pay US$17 billion of money and US$20 billion in stock in the transaction, the companies said in a statement. The sale values Broadcom at US$54.50 per be part of cash, in contrast to its ...

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How to get richer, faster: Dump the cash for equities in your TFSAs

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If a 30-year-old couple opened their first Tax-free Savings Accounts today, they could contribute up to $82,000, which is a big reason such accounts are starting to be serious money for many Canadians. How to get richer, faster: Private equity is your best bet Two dominant themes inevitably present themselves when discussing the objective of investing: capital preservation and capital ...

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Three easy self-help tips to build a healthy portfolio

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Our family a couple of months ago chose to get a new puppy, who\’s pretty cute, adorable and, we quickly discovered, difficult to train. The frustrating part was we didn\’t know how to start training him and our early attempts weren\’t very successful in preventing some poor behaviour. But to keep any not-so-desirable actions from being a habit, we hired ...

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The best 11 Canadian stocks to buy in June

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We asked our top analysts for his or her favourite stocks to purchase this month. Kay Ng: Canadian Western Bank (TSX:CWB) Canadian Western Bank (TSX:CWB) remains my top idea from recently. Canadian Western is really a regional bank offering personal and business banking services over the four western provinces. It\’s even cheaper than last month, dropping from $31 to $28. ...

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Lululemon Athletica Inc hasn’t convinced this analyst

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The market absolutely loved Lululemon Athletica Inc.’s Q1 results, sending shares of the apparel retailer up 11 per cent on Tuesday after it beat analysts’ estimates for that eighth straight quarter and boosted its outlook for that year. But it’s not all rosy at Vancouver-based Lululemon, at least not within the opinion of Camilo Lyon at Canaccord Genuity. His biggest ...

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Low-interest investments are now an opportunity for fraudsters, says Quebec securities regulator

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MONTREAL – The head of Quebec’s financial regulator says the current low-interest environment causes an increase in fraud risk as investors search for higher margins. “Ten years ago, scammers could attract people by promising 20 percent interest, for instance. In today’s world with a very low rate of interest, you can be promised three per cent and it could be ...

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The next few weeks are big for McDonald’s Corp. turnaround plan

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McDonald’s Corp.’s new promotion down south that offers customers a little fries along with a double cheeseburger for US$2.50 bodes well for that company’s prospects come july 1st. The nationally advertised U.S. value tier looks nearly the same as one David Palmer at RBC Capital Markets believes worked well for the fast-food chain in the New York City area, giving ...

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Investors, it’s time to build up cash for potential pullback buys

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The U.S. economy have made a turn for the better in recent weeks, but there remain plenty of signs that warrant near-term caution for equity investors. Although housing, autos, wages and other job-related data appear to be improving, important indicators such as market breadth happen to be fairly weak for the S&P 500 and S&P/TSX composite indexes. Trading volumes are ...

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