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CANADA STOCKS-TSX dives as stimulus worries hit resource shares
Reuters* TSX down 159.10 points, or 1.28 percent, at 12,223.57 * Materials and energy shares lead market slide * Bank of Japan withholds further stimulus * Kinross halts Ecuador project; Lululemon CEO steps down By Peter N Henderson TORONTO, June 11 (Reuters) -...Tags: Ben Bernanke, Barrick Gold Corporation, Goldcorp Incorporated, Cigna Corporation, Kinross Gold Corporation
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CIBC names Nesbitt COO, observers see him in line for CEO
ReutersTORONTO, June 11 (Reuters) - Canadian Imperial Bank of Commerce said on Tuesday it had named Richard Nesbitt chief operating officer, raising speculation he will be the eventual successor to CEO Gerry McCaughey at Canada's fifth-largest bank. Nesbitt,...Tags: Bank of Nova Scotia, Corporate Officers, Canada, Toronto (Canada)
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Videotron sells C$400 mln of debt - term sheet
ReutersJune 3 (Reuters) - Videotron Ltd on Monday sold C$400 million ($388 million) of senior unsecured notes in a private placement, according to a term sheet seen by Reuters. The 5.625 percent notes, due June 15, 2025, were priced at par to yield 344.7...Tags: Bank of America Corp., National Bank of Canada
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CIT gains on hopes of capital return after Fed drops curbs
Reuters(Reuters) - The Federal Reserve Bank of New York removed restrictions on small-business lender CIT Group Inc imposed after the financial crisis, paving the way for a higher capital return to shareholders and a possible buyout. CIT shares rose as much...Tags: NYSE Euronext, Inc., Wells Fargo & Co., CIT Group Incorporated, Goldman Sachs Group, Inc., Bankruptcy
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INTERVIEW-New Scotiabank CEO says to drive international growth
Reuters* Brian Porter to replace Rick Waugh in November * Waugh to remain on board * Porter former head of bank's international wing By Cameron French TORONTO, May 31 (Reuters) - Brian Porter, who will take over as Bank of Nova Scotia's chief executive in...Tags: Bank of Nova Scotia, Credit and Debt, Financial Markets, ING Group, Corporate Officers
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GE Capital Canada Funding Co sells C$1.25 bln notes in 2 parts
ReutersMay 28 (Reuters) - GE Capital Canada Funding Co on Tuesday sold C$1.25 billion ($1.2 billion) of notes in a two-part sale, according to a term sheet seen by Reuters. The sale included C$250 million ($240 million) of two-year floating-rate notes due...Tags: General Electric Capital Corporation, Royal Bank of Canada, Bank of Montreal
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Empire Life Insurance sells C$300 mln of debt -term sheet
ReutersMay 24 (Reuters) - Empire Life Insurance Co on Friday sold C$300 million ($291 million) of notes due May 31, 2023, according a term sheet seen by Reuters. The 2.87 percent notes were priced at par to yield 147.1 basis points over the Canadian...Tags: Royal Bank of Canada
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TD Bank profit rises 2 percent on wholesale income
ReutersTORONTO, May 23 (Reuters) - Toronto-Dominion Bank's quarterly profit rose 2 percent, driven by stronger wholesale banking income, the bank said on Thursday. The bank, Canada's second-largest, said it had earned a net C$1.72 billion ($1.66 billion), or...Tags: Thomson Corporation, Canada, Toronto (Canada)
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CANADA STOCKS-TSX may open lower on Bernanke's comments
ReutersMay 23 (Reuters) - Canada's main stock index looked set to open lower on Thursday as comments from Federal Reserve Chairman Ben Bernanke raised fears the U.S. central bank would end its bond-buying program sooner-than-expected. TOP STORIES * Toronto-...Tags: Ben Bernanke, Central Bank, United Air Lines, General Motors Corp., Railway Transportation
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Canada bank regulator says watching housing risk, pleased so far
ReutersBy Andrea Hopkins TORONTO, May 21 (Reuters) - Canada's top banking regulator said on Tuesday she is focused on the risk Canada's big banks face from low interest rates and real estate lending, but is happy that the housing market is moving into more...Tags: Finance, National Bank of Canada, Canada, Mortgages, Real Estate
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Moody's downgrades Canadian banks based on heady housing prices
Canada's elevated housing prices and the extra debt taken on by consumers as a result could be problems for its banks should the economy hit bumps in the road, Moody’s Investors Service said in downgrading its credit ratings for six major...Tags: Bank of Nova Scotia, Economy, Business and Finance, Same-Sex Marriage, Finance, Canadian Imperial Bank of Commerce
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Jun 11, 2013
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Jun 11, 2013
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Jun 3, 2013
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May 30, 2013
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May 31, 2013
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May 28, 2013
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May 24, 2013
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May 23, 2013
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May 23, 2013
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May 21, 2013
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Jan 29, 2013
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Jan 30, 2012
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