Markets cautious ahead of earnings
The Toronto stock market traded lower Monday as traders adopted a cautious approach ahead of the start of the U.S. second-quarter earnings reporting season. cbc.ca |
Santander poised to buy RBS branches
SANTANDER, Spain's biggest bank, is poised to buy 318 branches in Britain from Royal Bank of Scotland, which has pledged to shrink its network after receiving a huge state bailout, reports said. news.com.au |
Royal Bank profit drops 18%
Royal Bank of Canada reports third-quarter net profits fell 18 per cent to $1.28 billion, reflecting strong results in banking, wealth management and insurance, but weaker capital markets businesses. cbc.ca |
PotashCorp not swayed by BHP extension
Shares of Saskatoon-based Potash Corporation of Saskatchewan slipped Tuesday, after the company said the extension of a takeover offer from BHP Billiton doesn't change its opposition to the bid. cbc.ca |
Finance commitments down in August
TOTAL personal finance commitments fell 0.3 per cent in August, seasonally adjusted, to $7.392 billion, down from $7.410 billion in July, the Australian Bureau of Statistics (ABS) said today. news.com.au |