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GregBonnell-203x299
May 31 2016

Scotia’s earnings a ‘messy beat’?

By Greg Bonnell, Reporter
Scotiabank has the greatest exposure of the Big Five banks to the oil patch. Today, it revealed total provisions for the quarter soared 68 per cent (year over year) to $752 million, with $150 million of that directly tied to energy loans.
Filed in: Economy » Continue Reading
Andrew Bell
May 30 2016

Will Toronto's benchmark index hit 15,000?

By Andrew Bell, Anchor, Reporter
Will the Toronto benchmark index hit that psychological 15,000 benchmark? Discussion on this and more today on BNN.
Filed in: » Continue Reading
Andrew Bell
May 27 2016

Valeant scandals fail to spook suitors

By Andrew Bell, Anchor, Reporter
Valeant shares climbed more than 8 per cent in New York after-hours trading after reports that said the drugmaker “received a joint takeover approach this spring from Japan’s Takeda Pharmaceutical Co. and private-equity firm TPG that the beleaguered drug maker rejected.
Filed in: » Continue Reading
Andrew Bell
May 26 2016

Oil reaches seven-month high

By Andrew Bell, Anchor, Reporter
Oil broke above US$50 for first time in seven months Thursday morning.
Filed in: » Continue Reading
Andrew Bell
May 25 2016

BMO kicks off bank earnings season

By Andrew Bell, Anchor, Reporter
The Bank of Montreal kicks of bank earnings season with a boost in its payout.
Filed in: Financials » Continue Reading
Andrew Bell
May 24 2016

All eyes on Canadian bank earnings

By Andrew Bell, Anchor, Reporter
All eyes are on Canadian bank earnings as the major banks gear up to report their quarterly results, beginning with Bank of Montreal Wednesday.
Filed in: Economy » Continue Reading
Andrew Bell
May 20 2016

Trans Mountain recommendations put pipeline politics in focus

By Andrew Bell, Anchor, Reporter
The National Energy Board has recommended to conditionally approve Kinder Morgan’s Trans Mountain pipeline expansion to bring more oil from Alberta to the B.C. coast. And not everyone is happy about it.
Filed in: Energy and Resources » Continue Reading
Andrew Bell
May 19 2016

Gold in focus following Fed minutes

By Andrew Bell, Anchor, Reporter
Gold has slumped close to three-week lows this morning, with futures for June delivery slipping under US$1,255, after Fed minutes pointed to a possible rise in U.S. interest rates as soon as next month,
Filed in: Energy and Resources » Continue Reading

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