2024 Half-Year Recap | 10 Dividend-Monster Stocks in Canadian Market
Earlier today, Statistics Canada issued May inflation report, indicating that Canada's annual rate of inflation unexpectedly rose 2.9% in May, surpassing the expected 2.7%. This development might unsettle the market's anticipation of a rate cut coming in July. Nonetheless, the data aligns with the Bank of Canada's target range for inflation control, set at 1%-3%. Before the report's release, market consensus had been that the Ba...
Western Bank Surges 60% After 100% Premium Acquisition: Who Could Be the Next Buying Target?
National Bank has agreed to purchase
Canadian Western Bank Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 06/13/2024 73.22% Raymond James $37 → $52 Maintains Outperform 05/30/2023 -16.72% Credit Suisse $26 → $25
Up to C$2 Billion on the Line: How Would AML Penalties Affect TD Bank?
is currently under intense scrutiny from the US Department of Justice, bank regulators, and the Treasury Department following allegations of money laundering activities. Bloomberg News reported last week that a former employee at a Florida branch accepted bribes to facilitate illicit financial transfers to Colombia, while another employee in New York admitted to manipulating compliance measur...
Canadian Rate Cut Winners: Shopify,E-commerce Powerhouse Set to Thrive with Canadian Rate Cut
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National Bank of Canada to Buy Canadian Western Bank in C$5 Billion All-Stock Deal
agreed to acquire