Forest products sector hurt by strong dollar, weak U.S. housing market
Strong quarter for Canadian banking and wealth management
But firm cancels announced 3-1 forward split; speculative buy rating reiterated
But combined results don’t include any revenue or cost-saving synergies that may be achievable subsequent to the completion of the merger
Commodities trading losses lower what would otherwise have been good second quarter results
Highest level of activity ever on cash and derivatives markets
Q4 profit slips
Bank to restate first quarter earnings
Strong premium growth and steady net operating income
Personal and commercial segment shows improved results