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Major Trucking Lender BMO Sees Bigger Transportation Impairments, Writeoffs In Q2
Monday, June 1, 2020 - 12:59pm | 867Read More...The quarterly earnings report of Canada's BMO bank, one of the largest lenders to the trucking sector in North America, reflected a deterioration of the company's book of business with the industry. Virtually every benchmark number broken out for the company's transportation sector in the second...
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High Earnings Expectations For Costco, Lululemon
Sunday, December 4, 2016 - 4:26pm | 531Read More...Quarterly reports from a pair of specialty retailers are due this week. Wall Street analysts have forecast earnings growth from each of them. Only a handful of other prominent companies are on deck to report this week. As the quarter and the calendar year wind down, things turn quiet on the...
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Simon Property Group - Final Offer, Or Initial Salvo To Buy Rival Macerich?
Tuesday, March 10, 2015 - 1:24pm | 854Read More...Giant mall landlord Simon Property Group Inc (NYSE: SPG) has been searching for the best way to acquire its smaller rival Macerich Co (NYSE: MAC) in order to add to its impressive portfolio of Class-A regional mall assets. However, based on information contained in the David Simon letter...
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Keefe, Bruyette & Woods Turns Sour On Canadian Banks, Downgrades Sector To Underweight
Friday, February 20, 2015 - 1:16pm | 324Read More...In a report published Thursday, Keefe, Bruyette & Woods analyst Brian Klock moved his long-term recommendation for the Canadian banking sector to Underweight from Market Weight. "We believe the outlook for muted Canadian economic growth in the first half of 2015 (which is through fiscal 3Q15...
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Earnings Expectations For The Week Of December 2
Sunday, December 1, 2013 - 2:06pm | 902Read More...Quarterly reports from retailers Kroger (NYSE: KR), Aeropostale (NYSE: ARO), American Eagle Outfitters (NYSE: AEO) and Dollar General (NYSE: DG) will be among the highlights this week. A couple of Chinese solar companies and the big Canadian banks are scheduled to report as well. Below is a quick...
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Canadian Bank Earnings Season Off to a Strong Start (BNS, BMO, RY)
Tuesday, August 28, 2012 - 5:09pm | 492Read More...Two of Canada's largest banks Tuesday posted unexpectedly strong third-quarter results and offered up surprise dividend increases, setting the stage for more reports from Canadian lenders on Thursday. Bank of Nova Scotia (NYSE: BNS), the country's third biggest by assets, saw a record profit of 2....
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After Diversifying its Real Estate Portfolio, Agree Realty Rises Above the Grave of Borders Books
Wednesday, October 26, 2011 - 5:04pm | 371Read More...With a new credit facility on the way, Agree Realty Corp. (NYSE: ADC) is having a terrific year. Borders once accounted for the vast majority of the firm's leases. But after parting ways with the ailing book store, and after acquiring several new assets, Agree Realty is thriving at a time when...
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Canadian Banks Pull Back from 52-Week Highs (BMO, BNS, CM, RY, TD)
Thursday, May 12, 2011 - 11:16am | 824Read More...Canada's big five banks—Bank of Montreal (NYSE: BMO), Bank of Nova Scotia (NYSE: BNS), Canadian Imperial Bank of Commerce (NYSE: CM), Royal Bank of Canada (NYSE: RY) and Toronto-Dominion Bank (NYSE: TD)—have all pulled back somewhat from recent 52-week highs. This could be seen as a buying...
