RY Stock UPDATES Royal Bank of Canada (RY) 74.94 09/17/2014
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5 Big Financial Stocks to Boost Your Gains in September
at The Street - Tue Sep 16, 9:04AM CDT
Here's a close technical look at five financial stocks to trade for gains in September -- four to buy and one to sell.
RBC Global Asset Management Inc. announces final details on maturity of RBC Target 2014 Corporate Bond Index ETF
CNW Group - Mon Sep 15, 8:01AM CDT
RBC Global Asset Management Inc. (RBC GAM) today announced final details regarding the scheduled maturity of RBC Target 2014 Corporate Bond Index ETF (TSX: RQB).
RBC Global Asset Management Inc. announces RBC ETF monthly cash distributions for September 2014
CNW Group - Mon Sep 15, 8:00AM CDT
RBC Global Asset Management Inc. today announced September 2014 distributions for unitholders of RBC 1-5 Year Laddered Corporate Bond ETF, RBC Target Maturity Corporate Bond ETFs and RBC Quant Dividend Leaders ETFs.RBC ETF monthly cash distributions for September are as follows:
Ontario's economy on track to accelerate in 2014: RBC Economics
CNW Group - Thu Sep 11, 4:00AM CDT
Ontario's economy is on track for accelerated growth in 2014, driven by a long-awaited turnaround in exports and a rebound in residential investment, according to the latest RBC Economics Provincial Outlook released today. Still, the recent pick up in activity is somewhat weaker than previously anticipated following a sluggish start to the year, prompting RBC to revise its real GDP forecast for 2014 slightly lower - to 2.1 per cent from the 2.3 per cent previously forecasted.
British Columbia's economy advancing at a stronger clip in 2014: RBC Economics
CNW Group - Thu Sep 11, 4:00AM CDT
Economic conditions in British Columbia have constructively evolved and are advancing at a respectable pace led by impressive gains in export markets, according to the latest RBC Economics Provincial Outlook released today. RBC boosted its forecast for provincial real GDP growth to 2.5 per cent for 2014, up from 2.1 per cent previously projected.
Manitoba's economic growth to moderate in 2014: RBC Economics
CNW Group - Thu Sep 11, 4:00AM CDT
Manitoba's economic growth is showing signs of moderation in 2014, according to the latest RBC Economics Provincial Outlook released today. RBC forecasts real GDP growth for Manitoba to clock in at 1.8 per cent in 2014, down from previous projection of 2.1 per cent last quarter. This downward revision reflects a softer outlook for both manufacturing and agriculture. In 2013 the provincial economy is estimated to have increased 2.2 per cent.
Canada's economy set to improve on the back of increased external demand: RBC Economics
CNW Group - Thu Sep 11, 4:00AM CDT
Stronger external demand and the benefits of a more competitive Canadian dollar lifted Canada's exports in the second quarter of 2014, lifting overall economic growth from weather-related weakness early in the year. This trend is expected to continue to lift GDP growth, according to the latest Economic and Financial Market Outlook issued today by RBC Economics. RBC projects real GDP growth of 2.4 per cent in 2014 and 2.7 per cent in 2015.
Quebec's economic growth to shift into higher gear in 2014 with strengthening exports: RBC Economics
CNW Group - Thu Sep 11, 4:00AM CDT
Despite mixed performances across its industrial sectors to date, the overall pace of growth in Quebec's economy is likely to be stronger this year than it was in 2013, according to the latest Provincial Outlook issued today by RBC Economics. RBC revised its real GDP growth forecast slightly downwardly for 2014--to 1.7 per cent from 1.9 per cent previously--to reflect weaker domestic momentum this year.
Saskatchewan's economic growth to slow further in 2014: RBC Economics
CNW Group - Thu Sep 11, 4:00AM CDT
Saskatchewan's economy is expected to weaken in 2014, but the slowdown will be short-lived, according to the latest RBC Economics Provincial Outlook released today. RBC projects real GDP growth to moderate substantially to 1.3 per cent this year, relative to the 4.5 per cent surge estimated for 2013.
Alberta's economy to continue firing on all cylinders: RBC Economics
CNW Group - Thu Sep 11, 4:00AM CDT
The vast majority of indicators continue to tell a firmly upbeat story about Alberta's economic strength, as momentum gives no signs of easing, according to the latest RBC Economics Provincial Outlook released today. RBC forecasts that Alberta's real GDP growth for 2014 will be 3.9 per cent, surpassing last year's solid estimated pace of 3.7 per cent.
Atlantic Canada's economy positioned for moderate growth in 2014: RBC Economics
CNW Group - Thu Sep 11, 4:00AM CDT
Atlantic Canada's economy is poised for modest growth in 2014, led by accelerated activity in Nova Scotia and New Brunswick, according to the latest RBC Economics Provincial Outlook released today.
New pension plan helps working Quebecers save for retirement: simple, easy-to-administer VRSP supported by RBC
CNW Group - Wed Sep 10, 4:00AM CDT
2 million Quebecers can benefit from new workplace group savings plan
2 Expensive Big-Bank Stocks Worth a Second Look
Jordan Wathen, The Motley Fool - Motley Fool - Sun Sep 07, 1:04PM CDT
Banks are frequently valued based on multiples of tangible book value. This multiple essentially compares a bank's stock price to the amount of tangible assets -- loans, cash, investments, etc. -- that underlie the value of each share. Among large...
RBC Global Asset Management Inc. announces August sales results for RBC Funds and PH&N Funds
CNW Group - Fri Sep 05, 8:00AM CDT
RBC Global Asset Management Inc. (RBC GAM) today announced August net sales of $567 million. Long-term funds had net sales of $652 million and money market funds had net redemptions of $85 million. Assets under management increased by 1.5 per cent."August proved to be a tremendous month, as we exceeded all other previous August sales results. We continued to capture a significant portion of industry long-term mutual fund net sales," said Doug Coulter, president of RBC Global Asset Management Inc. "Over the course of the summer, our diverse line-up of funds remained popular choices among investors and advisors. Among the RBC GAM Funds that saw the greatest inflows, the RBC U.S. Monthly Income Fund, which provides investors with U.S. dollar monthly income and exposure to U.S. fixed-income and equity securities, surpassed the milestone of $1 billion in assets under management."Sales results information is based on preliminary data from the Investment Funds Institute of Canada (IFIC).
George Lewis of RBC to speak at CIBC's 13th Annual Eastern Institutional Investor Conference
CNW Group - Thu Sep 04, 2:00PM CDT
George Lewis, Group Head, Wealth Management and Insurance of Royal Bank of Canada (RY on TSX and NYSE), is scheduled to speak at CIBC's 13(th) Annual Eastern Institutional Investor Conference to be held in Montreal on September 17, 2014, from 1:30 to 2:00 p.m. (EDT).
Janice Fukakusa of RBC to speak at the 2014 Barclays Global Financial Services Conference
CNW Group - Wed Sep 03, 2:30PM CDT
Janice Fukakusa, Chief Administrative Officer and Chief Financial Officer of Royal Bank of Canada (RY on TSX and NYSE), is scheduled to present at the 2014 Barclays Global Financial Services Conference in New York City on September 8, 2014, from 9:00 to 9:40 a.m. (EST).
3 Financial Stocks Pushing Sector Growth
at The Street - Wed Sep 03, 12:03PM CDT
TheStreet highlights 3 stocks pushing the financial sector higher today.
Post-secondary students get mixed marks when it comes to understanding credit, budgeting: RBC Poll
CNW Group - Wed Sep 03, 4:00AM CDT
Both post-secondary students and their parents wish students knew more about personal finance and financial literacy, according to the latest 2014 RBC Student Finances Poll. Almost nine-in-ten students (87 per cent) reported that they still have a lot to learn about managing finances; more than a third (42 per cent) wished they knew the cost of small extras they required and 41 per cent wished they knew more about budgeting. The majority of parents (59 per cent), meanwhile, wished their students knew the importance of saving and early planning.
Wasn't TD Bank's Q3 Earnings Enough to Boost Shares Price? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 02, 1:26PM CDT
Shares of TD Bank (TD) fell 1.1% despite posting robust fiscal third-quarter 2014 earnings (ended Jul 31) on Aug 28 before the opening bell.
Canada's manufacturing sector gains momentum in August
CNW Group - Tue Sep 02, 8:30AM CDT
August data pointed to a robust upturn in the performance of the Canadian manufacturing sector, according to the RBC Canadian Manufacturing Purchasing Managers' IndexTM (RBC PMITM), with overall business conditions improving at the fastest pace since November 2013. A monthly survey, conducted in association with Markit, a leading global financial information services company, and the Supply Chain Management Association (SCMA), the RBC PMI offers a comprehensive and early indicator of trends in the Canadian manufacturing sector.
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