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Stock Market & Financial Investment News

News Breaks
January 28, 2013
13:42 EDTBMO, BNS, CM, NTIOF, TD, RBC, RYMoody'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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June 19, 2013
13:49 EDTTDToronto-Dominion to repurchase up to 12M common shares
The Toronto-Dominion Bank announced that the Toronto Stock Exchange and the Office of the Superintendent of Financial Institutions Canada have approved TD's previously announced normal course issuer bid. As announced, TD intends to repurchase up to 12M of its common shares pursuant to its bid which will commence on June 21 and end on June 20, 2014, such earlier date as TD may determine or such earlier date as TD may complete its purchases pursuant to the notice of intention filed with the TSX.
June 18, 2013
10:01 EDTTDOn The Fly: Analyst Downgrade Summary
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07:29 EDTBMOSecurities Industry and Financial Markets Association to host a conference
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07:24 EDTBMORBC Capital to host a conference
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06:25 EDTBNSBank of Nova Scotia downgraded to Equal Weight from Overweight at Barclays
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06:25 EDTTDToronto-Dominion downgraded to Equal Weight from Overweight at Barclays
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June 13, 2013
05:55 EDTRYRoyal Bank of Canada eyes wealth acquisitions, Reuters reports
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June 11, 2013
15:03 EDTCMCIBC names Nesbitt COO, Dottori-Attanasio chief risk officer
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07:30 EDTCMMorgan Stanley to host a conference
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