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Stock Market & Financial Investment News

News Breaks
January 28, 2013
13:42 EDTTD, BNS, RY, NTIOF, BMO, RBC, CMMoody's cuts six Canadian banks, including Bank of Montreal, CIBC
Moody's downgraded the long-term ratings of six Canadian banks concluding its review initiated on October 26. 2012. The long-term senior debt ratings of the banks were all downgraded by one notch. The rating agency also removed systemic support from the ratings of all rated Canadian banks' subordinated debt instruments, including those issued by Royal Bank of Canada (RY). RBC's other ratings were affirmed. The downgrades include Bank of Montreal (BMO) to Aa3 stable from Aa2 for long-term deposits, Bank of Nova Scotia (BNS) to Aa2 stable from Aa1 for long-term deposits, Canadian Imperial Bank (CM) to downgraded to Aa3 stable from Aa2 for long-term deposits, National Bank of Canada (NTIOF) to Aa3 stable from Aa2 for long-term deposits, and Toronto-Dominion (TD) to Aa1 stable from Aaa for long-term deposits.
News For BMO;BNS;CM;NTIOF;TD;RBC;RY From The Last 14 Days
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August 3, 2015
16:44 EDTRBCRegal-Beloit sees FY15 adjusted EPS $5.40-$5.60, consensus $5.46
"As we move into the second half of 2015, we expect ongoing weakness in certain end markets that will put pressure on our revenues. Our continued focus on simplifying our legacy businesses and delivering synergies with our PTS acquisition will help to offset the top line challenges. We expect 2015 adjusted diluted earnings per share to be in the range of $5.40 to $5.60, representing a 25% to 30% increase over the prior year," continued CEO Gliebe.
16:42 EDTRBCRegal-Beloit reports Q2 adjusted EPS $1.53, consensus $1.51
Reports Q2 revenue $942M, consensus $981.64M.
July 29, 2015
10:03 EDTTDTD Bank announces routing agreement with MasterCard
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July 23, 2015
12:12 EDTRYValeant beats RBC as biggest Canadian company by market value, Bloomberg says
Valeant (VRX) has surpassed Royal Bank of Canada (RY) as the largest Canadian company by market value on the Toronto Stock Exchange, Bloomberg reports. Valeant surged 4.5% to a total market value of C$111.3B at 11:21 AM in Toronto, beating the Royal Bank's C$108.3B market value, the report says. Reference Link

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