Company
Royal Bank of Canada
TSE:RY
RBC provides personal and commercial banking, wealth management services, insurance, corporate, investment banking and transaction processing services on a global basis. RBC employs more than 70,000 full and part-time employees who serve more than 15 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 46 other countries.
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Royal Bank of Canada under investigation for alleged 'greenwashing'
RBC is latest bank to come under attack for lending to fossil fuel projects while promoting green credentials
Support for ESG slips “meaningfully” amid energy crisis
Energy companies tackling energy security abandoned ballot support for climate issues
FIVE at FIVE: Ofgem proposes quarterly price cap reviews, Greencoat UK Wind consolidates top spot, JD Sports and Halfords downgraded and Synairgen continues Covid treatment work
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Centamin has a lot of ‘unpriced optionality’ says RBC
Royal Bank of Canada has an 'outperform' rating and a 140p price target for Centamin.
Investment platforms becoming increasingly popular, says Liberum
UK pension savings gap is expected to reach roughly £23.8tn by 2050
Royal Bank of Canada to buy UK wealth manager Brewin Dolphin in £1.6bln all-cash deal
Brewin Dolphin shareholders are set to pocket 515p per share, 62% more than Wednesday's closing share price.
9 Spokes signs contract with Bank of New Zealand, hits revenue guidance
Shares are up almost 24% in late trading, last priced at 5.2 cents.
9 Spokes wins contract with Royal Bank of Canada affiliate
This is the second contract with Royal Bank of Canada, one of the world’s largest banks.
9 Spokes International focuses on building channel partners in the banking sector
The company's total platform base as at January 30, 2018 was 39,000.
9 Spokes International poised to win more banking clients while reaffirming guidance
Substantial growth in recurring revenue is helping to provide income predictability.
Canada shares higher into close
On Friday on Wall Street, stocks closed higher, with the Dow Jones up 228 points to 25,803
9 Spokes expects to more than double annual revenue by end of March quarter 2018
The company builds dashboards for its clients to collect and analyse business data.
Royal Bank of Canada boosted by lower provisions for bad loans
“We had a great year in 2017, with record earnings of $11.5 billion," said the bank's boss, Dave McKay.
9 Spokes goes live with platform for Royal Bank of Canada
9 Spokes’ user adoption during the September quarter increased by 215%.
9 Spokes International issues placement shares
The company had a pro forma cash balance at 30 June 2017 of NZ$21.0 million.
9 Spokes boosts cash position as investors pile in
The company is now well-funded to continue its high-growth phase.
9 Spokes lines up partnership with Royal Bank of Canada
The company is also in discussions with a major U.S. bank.
Hardware & electrical equipment
Fewer special divis send dividend growth rate into reverse
In North America, the total value of special dividends paid out was down 8.5% from a year earlier
Canadian shares rise for 2nd day
The benchmark gauge advances 0.2% at lunchtime; The junior S&P/TSX Venture down 0.8%.
Canadian shares halt 8-session rout
The S&P/TSX Index gains 0.9% at lunchtime; the junior S&P/TSX Venture tacks on 0.3%.
Canadian stocks stretch losses for 8th day
The benchmark index hits a fresh 6-week low on disappointing U.S. retail data, oil rout.
Canadian shares stretch losses for 7th day
Weak Europe data weighed on the resource-heavy Canadian benchmark.
Canadian stocks drop for 6th day
Energy producers lead losses following weak industrial data from China, increased stockpiles in the U.S.
Canadian shares retreat on weak China inflation data
Two shares declined for every issue that advanced at lunchtime.
Canadian shares decline for fourth session
Almost three shares declined for every issue that advanced at lunchtime.
Canadian shares decline After jobs data in U.S, Canada
More than two shares declined for every issue that advanced at lunchtime.
Canadian stocks fall on downbeat earnings; Enbridge, SNC-Lavalin drop
Five shares declined for every issue that advanced at lunchtime.
Canadian shares waver; energy producers slump, financials up
Two shares declined for every issue that advanced at lunchtime.
Canadian shares advance as oil heads to $50/barrel
Eight out of ten share groups were in positive territory at lunchtime.
Canadian shares waver; Valeant rallies
Six out of ten share groups are in positive territory at lunchtime trading.
Canadian shares drop more than 1% as Valeant, Husky sink
All of the ten main share group are in negative territory.
Canadian shares decline as Bombardier, Potash lead losses
Three shares declined for every two issues that advanced at lunchtime.
TSX slides as energy producers slump; Restaurant Brands jumps
Three shares declined for every issue that advanced at lunchtime.
TSX declines on oil rout; Valeant slumps
More than three shares declined for every issue that advanced before close of trading.
Canadian shares gain on unexpected China rate cut
The benchmark S&P/TSX was up 0.5% in afternoon trading.
Canadian shares decline as Valeant plummets
The benchmark gauge down 0.8% at lunchtime in Toronto.
Canadian shares rise on Liberal election victory
Construction, marijuana shares jump with heavyweight resource and financial stocks
Canadian shares drop as commodities dip on China data; Valeant sinks
Valeant was in the spotlight as Canadian shares fell on Monday
Canadian shares rise, led by financials
The S&P/TSX Composite Index gains 0.6% at midday in Toronto.
Canadian shares drop as falling commodities pull energy producers and miners down
The Standard & Poor’s/TSX Composite Index fell 0.7% to 13,785.61 at 12:18 p.m. in Toronto.
TSX set to stretch rally for 6th day after Fed minutes
Canadian shares rose on Friday, set to mark a six-day rally, as investors cheered minutes from the Federal Reserve's September meeting that showed it was in no hurry to hike interest rates.
Canadian shares seesaw ahead of Fed; renewed China worries
Canadian shares wavered between gains and losses amid renewed worried that decelerating growth in China may weaken demand for commodities...
TSX stretches rally for 4th day; Teck surges, Bombardier plunges
Canadian shares rose for a fourth session in a row as higher crude prices helped stoke energy producers.
Canadian shares stretch rally for 3rd day on higher energy, metals prices
Canadian shares extended gains for a third session on Tuesday as commodities producers benefited from the rising price of metals and oil.
Canadian shares rise as Canadian Oil Sands surges on Suncor’s hostile bid
Canadian shares rose more than 1% on Monday as Canadian Oil Sands (TSE:COS) surged on Suncor Energy’s (TSE:SU) hostile offer.
Canadian shares drop on weak U.S. jobs report; National Bank sinks
Canadian retreated on Friday after weak U.S. payrolls data stoked worries about economic strength in the country’s largest trading partner. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) fell 0.8% to 13,131.22 at 10:5
Canadian shares drop on weak U.S. jobs report; National Bank sinks
Canadian retreated on Friday after weak U.S. payrolls data stoked worries about economic strength in the country’s largest trading partner. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) fell 0.8% to 13,131.22 at 10:5
TSX drops more than 1% at midday trading, led by miners, energy producers
Canadian shares fell on Thursday, led by energy producers and miners. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) fell 1.1% at 13,163.19 at 12:13 p.m. in Toronto. Three shares declined for every issue that advanced as ni
TSX drops more than 1% at midday trading, led by miners, energy producers
Canadian shares fell on Thursday, led by energy producers and miners. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) fell 1.1% at 13,163.19 at 12:13 p.m. in Toronto. Three shares declined for every issue that advanced as ni
Canadian shares recover as economy grows faster than forecast in July
Canadian shares recovered more than 1% on Wednesday as investors cheered higher-than-expected domestic growth data.
Canadian shares recover as economy grows faster than forecast in July
Canadian shares recovered more than 1% on Wednesday as investors cheered higher-than-expected domestic growth data.
Canadian shares rise; heavyweight sectors key movers
Canadian shares advanced on Tuesday, led by the three heavyweights--materials, energy and financials.
TSX sinks as commodities rout nudge down energy producers, miners
Canadian shares sank on Monday as energy producers and miners slid sharply with the slump of commodity prices.
TSX ends 3-day slump on US. data, Yellen comments
Canadian shares advanced, halting a three-day slump, as data showed that the U.S. economy grew more than previously forecast and after Federal Reserve Chair Janet Yellen said she expects interest rates to be raised this year, easing concern
Canadian stocks drop 3rd day as global growth worries nudge down industrial shares
Canadian shares dropped for a third day, led by industrial shares, amid growing worries that slowing global growth will hurt demand for commodities.
TSX drops amid downbeat China data; auto-parts makers retreat
Canadian shares fell in midday trading as auto-parts makers declined as investors weighed weak manufacturing data from China, the nation’s second-largest trading partner.
Canadian shares tumble 2% as resource producers drop on China concerns
Canadian shares plunged more than 2% as a rout in commodities prices amid increasing concern China’s growth is slowing nudged down resource stocks.
TSX gains 4th time in 5 sessions as crude prices lift energy producers
Canadian shares advanced for the fourth session in five as energy stocks led the gains on higher crude prices.
Canadian shares sink on US Fed rate decision
Canadian shares sank on Friday in the wake of the U.S. Federal Reserve reviving worries about the health of global economy by keeping interest rates steady.
TSX wavers ahead of Fed decision
Canadian shares fluctuated on Thursday as investors awaited a crucial U.S. Federal Reserve interest rate decision due later in the day.
TSX surges as commodities rebound, Fed starts two-day meeting
Canadian shares jumped on Wednesday, paring this year’s retreat, as a rally in commodities prices lifted energy producers and as the Federal Reserve started a two-day discussion over the timing of an interest-rate hike.
TSX rises as oil price advance lifts energy producers; Penn West gains
Canadian shares advanced, halting a two-day slump, as a rise in crude prices lifted energy producers.
TSX declines ahead of Fed meeting, amid oil rout; SNC-Lavalin drops
Canadian shares fell in morning trades as investors await the Federal Reserve decision later this week and amid slumping commodity prices, under pressure from the latest sluggish data out of China.
TSX slides on oil slump; BRP gains on surprise profit
Canadian shares retreated on Friday, led by energy producers following a drop in crude oil prices.
TSX advances as retailers rally; Dollarama, Hudson’s Bay gain on earnings
Canadian shares advanced on Thursday, propelled by a rally in retailers from Hudson’s Bay to Dollarama. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) rose 0.4% to 13,588.79 at 12:18 p.m. in Toronto. Two sha
TSX rises as investors weigh China stimulus; EnCana gains
Canadian shares advanced on Wednesday, buoyed by hopes of further stimulus out of Asia.The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) inched up 0.3% to 13,673.73 at 12:20 p.m. in Toronto. Five shares advanced for every four
TSX gains on bets China may move to stimulate economy
Canadian shares rose more than 1% on Tuesday, buoyed by weak Chinese data that sparked speculation that Beijing would move to stimulate the world’s second-largest economy. The Standard & Poor’s/TSX Composite Index gained 1.2
TSX drops amid mixed employment data from Canada, U.S.; Air Canada gains
Canadian shares fell on Friday amid mixed employment data on both sides of the border. The resource-heavy benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) slid 0.8% to 13,491.11 at 12:06 p.m. in Toronto. Three shares de
TSX rallies as exports surge in July, ECB expands stimulus
Canadian shares rallied on Thursday as Canadian exports surged for a second month in July and the European Central Bank revamped its quantitative-easing program. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) rose 0.7
TSX erases earlier gains as renewed oil drop hits energy producers
Canadian shares surrendered early gains on Wednesday as a renewed drop in crude prices hurt energy producers once again. The benchmark Standard & Poor’s/TSX Composite Index skidded 0.2% at 12:30 p.m. More than two shares declined
TSX sinks as downbeat China data spurs global selloff; Penn West, Pengrowth drop
Canadian shares sank as downbeat economic from China, the nation’s second-largest trading partner, sparked global selloff and nudged down energy prices. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) tumbled
TSX halts four-day rally on China worries
Canadian shares fell, ending a four-day winning run, as investors continued to fret about a slowdown in China, the nation’s second-largest trading partner. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) fell
TSX extends gains for fourth session; Scotiabank inches down
Canadian shares advanced for a fourth session on Friday, a day after a surge in oil prices helped the market recover from the week’s losses. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) rose 0.5% to 13,825
TSX stretches rally for 3rd day as oil prices rocket; CIBC jumps
Canadian shares extend rally for a third day as oil rocketed more than 6 percent higher and the U.S. economy grew more than forecast amid a relief climb in global stocks. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OS
TSX erases earlier gains amid high volatility; RBC slumps
Canadian shares were flat at midday, after erasing earlier gains in morning trades as global markets continue to be gripped by intense volatility. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) inched down 0.1% to 13,134.74
TSX jumps more than 2%, halting 6-day rout, after China cuts rate
Canadian shares halted a six-day retreat after the Chinese government cut its interest rate on the heels of Monday's volatile global selloff. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) rose 2.6% to 13,386.37 a