Coles Myer Newswire (Page 5)

Coles Myer Newswire (Page 5)

Comprehensive Real-Time News Feed for Coles Myer. (Page 5)

Results 81 - 100 of 1,348 in Coles Myer

  1. Calgary dealers shut out of Suncor offeringRead the original story

    Jun 9, 2016 | The Globe and Mail

    Canada's biggest energy company launched the bought deal this week to critical acclaim among investors, who expressed interest in buying at least twice as many shares as Suncor issued. Underwriters will earn more than $80-million in fees, based on the syndicate's 3.25-per-cent cut.

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  2. Canadian banks resilient to loan losses from Alberta oil crash, DBRS saysRead the original story w/Photo

    Jun 9, 2016 | The Globe and Mail

    Canadian bank losses on consumer loans can remain manageable through Alberta's crude oil crash barring a wider jump in unemployment or interest rates, according to ratings firm DBRS Ltd. Income before provisions and taxes at the six largest banks "provides ample protection against rising loan losses in stressed environments," according to a report released Thursday by the Toronto-based company. Canada's largest banks are also shielded by mortgage loan portfolios that are spread across the nation's 10 provinces including faster growing and larger economies in Quebec and Ontario, DBRS said.

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  3. Calgary dealers shut out of Suncor stock offeringRead the original story w/Photo

    Jun 9, 2016 | The Globe and Mail

    Canada's biggest energy company launched the bought deal this week to critical acclaim among investors, who expressed interest in buying at least twice as many shares as Suncor issued. Underwriters will earn more than $80-million in fees, based on the syndicate's 3.25-per-cent cut.

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  4. Fitch Affirms CIBC's Structured Covered Bonds at 'AAA'; Outlook StableRead the original story w/Photo

    Jun 9, 2016 | Business Wire

    CIBC's structured program remains in wind-down following the introduction of covered bond legislation in 2012 which prohibits issuance of covered bonds secured by insured mortgages. The two outstanding bonds in this program are due to mature in June 2017 and February 2019.

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  5. ' Elite Canadian Banks for Dividends: Royal Bank of CanadaRead the original story w/Photo

    Jun 9, 2016 | GuruFocus.com

    Many equities today are priced on the rich side of valuations, resulting in lowered dividend yields. Low interest rates have made bonds a poor value for income-seeking investors.

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  6. Suncor's $2.5-billion offering two times oversubscribedRead the original story

    Jun 8, 2016 | Globe and Mail

    Suncor Energy Inc.'s $2.5-billion equity offering is two times oversubscribed, with the vast majority of shares going to dozens of institutional investors in North America and beyond, according to one of the leads in the syndicate. Suncor announced the bought deal on Tuesday.

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  7. Suncor stock offering flying off the shelfRead the original story w/Photo

    Jun 8, 2016 | The Globe and Mail

    Suncor Energy Inc.'s $2.5-billion equity offering is two times oversubscribed, with the vast majority of shares going to dozens of institutional investors in North America and beyond, according to one of the leads in the syndicate. Suncor announced the bought-deal on Tuesday.

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  8. Wednesday's TSX breakouts: This bank stock is close to fully valuedRead the original story w/Photo

    Jun 8, 2016 | The Globe and Mail

    On Tuesday, the S&P/TSX composite index reported a double-digit return for the year, closing the day with a year-to-date return of 10.4 per cent. The Index rallied 89 points or 0.63 per cent led by gains from the energy sector.

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  9. With no women on its board, shareholder calls for diversity policy at Tim Hortons owner RBIRead the original story w/Photo

    Jun 8, 2016 | The Globe and Mail

    Tim Hortons Inc. had a 12-member board with three women before Burger King acquired the company in late 2014. When the new company, Restaurant Brands International Inc., rolled out its leadership, its 10-member board was all-male.

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  10. Canadian Imperial Bank of Commerce (TSE:CM) Receives Consensus Rating ...Read the original story w/Photo

    Jun 7, 2016 | Daily Political

    Canadian Imperial Bank of Commerce has received a consensus recommendation of "Hold" from the thirteen research firms that are covering the firm. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company.

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  11. Big Six Canadian bank stocks vs. smaller lendersRead the original story w/Photo

    Jun 6, 2016 | The Globe and Mail

    Now that the Big Six Canadian banks have reported their most recent quarterly earnings, let's take a deeper look into the numbers to see what has changed from an economic profit perspective. We are also comparing the Big Six's economic performance with smaller, alternative banks and lenders.

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  12. While you were sleeping: Gradual rate hikes aheadRead the original story w/Photo

    Jun 6, 2016 | NBR Newsroom

    Wall Street moved higher, while US Treasuries fell as Federal Reserve Chair Janet Yellen called for gradual interest rate increases but stopped short of offering a timeframe. Wall Street advanced.

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  13. Team CIBC offers community support after Fort McMurray branches reopenRead the original story w/Photo

    Jun 3, 2016 | Canada NewsWire

    John Mbirimujo, general manager Cecily Clarke, Maria Umbalin, Gaye King and Hillwie Fayad fill client care packages at the CIBC Fort McMurray Banking Centre. THE CANADIAN PRESS IMAGES/Codie McLachlan ... CIBC general manager Cecily Clarke, left, and Gaye King fill client care packages at the Fort McMurray Banking Centre on Friday, June 3, 2016.

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  14. Grim U.S. jobs numbers may be bad news for CanadaRead the original story w/Photo

    Jun 5, 2016 | The Globe and Mail

    After last week's shockingly bad employment report raised fresh doubts about the U.S. economy's strength, economists will be watching closely this week for signs that the weakness may be spilling over to Canada. The gain of just 38,000 U.S. non-farm jobs in May – well below expectations of 160,000 – was the worst showing in nearly six years.

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  15. Toronto home buyers caught between Urbancorp and bank lendersRead the original story w/Photo

    Jun 5, 2016 | The Globe and Mail

    Urbancorp's lenders are moving to take control of the struggling builder's development sites, leaving some purchasers worried that they may be at risk of losing out on their unfinished homes. In separate legal proceedings, Canadian Imperial Bank of Commerce and Laurentian Bank of Canada asked courts to appoint receivers for two Urbancorp developments.

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  16. Canadian Stocks Storm Back Into Bull Market on Commodities RallyRead the original story w/Photo

    Jun 3, 2016 | Bloomberg

    Canadian stocks surged back into a bull market, propelled by a furious rally in commodities producers and elevating the nation's equity markets to one of the top performers in the world this year. The S&P/TSX Composite Index rose 0.6 percent to 14,226.78 Friday, capping a 20 percent rally from a bear-market low of 11,843.11 on Jan. 20. The Canadian equity benchmark has surged 9.4 percent in 2016, the second-most among developed markets tracked by Bloomberg.

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  17. Canadian Imperial Bank of Commerce (TSE:CM) Given Average Recommendation of "Hold" by BrokeragesRead the original story w/Photo

    Jun 3, 2016 | AmericanBankingNews.com

    Canadian Imperial Bank of Commerce has been given an average rating of "Hold" by the thirteen ratings firms that are covering the firm. Five investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company.

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  18. Franklin Resources Inc. Has $527,347,000 Position in Canadian Imperial Bank of CommerceRead the original story w/Photo

    Jun 3, 2016 | Daily Political

    Franklin Resources Inc. reduced its position in shares of Canadian Imperial Bank of Commerce by 6.7% during the first quarter, Holdings Channel reports. The firm owned 7,054,706 shares of the company's stock after selling 507,483 shares during the period.

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  19. Big banks' second-quarter results show optimism for the futureRead the original story w/Photo

    Jun 2, 2016 | The Globe and Mail

    The big banks' second-quarter financial results were supposed to be imbued with concerns about the impact from a slow economy and weak oil prices. Instead, we got optimism.

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  20. Memo to banks: E-transfers are not a fadRead the original story w/Photo

    Jun 2, 2016 | The Globe and Mail

    Several big banks have flunked a test of their savviness about a financial future dominated by technology. Credit unions, too.

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