Banks

Where to find better bond yields

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Canadian bond investors have a tendency to follow the rhetoric they hear out of the U.S. – and even for good reason. The U.S. Federal Reserve’s near-zero rate of interest policy remains the primary driver of fixed-income markets in Canada in addition to around the globe. The U.S. central bank’s ultra-loose monetary policy and expectations for any healthy economic rebound ...

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U.S. trading revenues a sign of caution for Canadian banks

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Better-than-expected second-quarter results for most U.S. financials bode well for Canadian banks in the third quarter, but trading revenues are expected to be a major factor driving sector valuations. The healthy results by U.S. banks were marked by positive net interest income, steady asset growth and stable margins. However, Barclays analyst John Aiken noted that trading revenues showed indications of ...

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Why Microsoft Corp deserves a second chance

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Microsoft Corp. may not be your dog by traditional investing measures. In the end, it generated more than US$22 billion in revenues in the second quarter, returned US$6.7 billion to shareholders, pays a couple.6 percent dividend, and it has a ton of cash on the balance sheet. But that certainly doesn’t make it a winner either. Windows 10 review: Microsoft ...

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Greek stocks sink most in decades as market reopens to crisis: ‘It’s like hell here’

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Greece\’s stock market reopened after five weeks towards the most savage wave of selling in decades, underlining a crisis that\’s crippled the economy and pushed the nation\’s euro membership towards the brink. Banks led the plunge following the shutdown, that was due to capital controls to avoid the lenders from bleeding more deposits. Piraeus Bank SA and National Bank of ...

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All eyes on the Fed! What you need to know before markets open

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U.S. stock index futures are rising today on hopes that Beijing could stem the rout in the markets and ahead of a statement in the U.S. Fed that could give clues concerning the timing of a rate hike. Investors are focused on the outcome from the Fed\’s two-day policy meeting with markets divided on whether or not this will take ...

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