RBC

U.S. Producer Prices Slump as Energy Prices Dive

The producer price index fell by 2.8% in October, driving the year-over-year rate down to 5.2% - the lowest since September 2007. Markets were looking for a 2.2% monthly decline. However, the core measure unexpectedly rose by...

Canadian Markets: Financials, materials push Toronto benchmark sharply lower

Canadian stocks fall for a second session, as job cuts announced by Citigroup ripple through the financial sector and as fresh signs surface that a number of the world’s economies are sliding into recession.

Wicked investments

Norm Rothery From the November 2008 issue of MoneySense magazine As I write this, stock markets are plunging. In keeping with that philosophy, I thought it would be interesting to select a handful of stocks that cater to...

TransCanada to Issue $1.0 Billion of Common Shares (Marketwire)

Monday November 17, 4:11 pm ET CALGARY, ALBERTA--(MARKET WIRE)--Nov 17, 2008 -- TransCanada Corporation (Toronto: ) (TransCanada) today announced that it has entered into an agreement with a syndicate of underwriters, led by...

UBS Wealth Management loses two teams of advisers

By Bob Margolis NEW YORK, Nov 17 (Reuters) - Swiss bank UBS has lost two teams of high performing financial advisers over the past two weeks in the latest sign of turmoil in the advisory profession. RBC Wealth Management, a...

CANADA STOCKS-TSX tumbles on financials, commodities

By Jennifer Kwan TORONTO, Nov 17 (Reuters) - The Toronto Stock Exchange's main index sank nearly 3 percent on Monday as financial services and commodity-related issues were pulled down by gloomy sentiment from a faltering world...

CITI GOES UNDER THE KNIFE

Embattled Citigroup Inc. boss Vikram Pandit gathered his employees for a town hall meeting in the bank's Manhattan headquarters yesterday morning, and ran through a presentation designed, presumably, to put a positive spin on...

TransCanada to Issue $1.0 Billion of Common Shares

CALGARY, ALBERTA--(Marketwire - Nov. 17, 2008) - TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) today announced that it has entered into an agreement with a syndicate of underwriters, led by RBC Capital Markets, BMO...

EMERGING MARKETS-LatAm stocks fall in thin volume (at Reuters)

By Manuela Badawy NEW YORK, Nov 17 (Reuters) - The MSCI stock index for Latin America .MILA00000PUS fell 2.12 percent, while Brazil's Bovespa index .BVSP closed 0.2 percent lower, Argentina's MerVal dropped 3.29 percent, and...

Recovery Momentum Builds in Sister Islands

Electricity pole replacement work continues. Photos by Lennon Christian Recovery from Hurricane Paloma continues to gain momentum on Cayman Brac and Little Cayman. According to Hazard Management Cayman Islands (HMCI,) estimates...