U.S. consumer spending surges in May
U.S. indices plunge 3% on oil, bank jitters
Sun Life Financial Inc. announced today the successful completion of a public offering in Canada of $350 million principal amount of Series 2008-2 subordinated unsecured 5.12% fixed/floating debentures due in 2018.Sun Life says the net proceeds will be used for general corporate purposes, including for use within the Sun Life group of companies and for […]
Recommendations are realistic and workable, CBA head says
Canadian economy remains at risk
Manulife Financial Corp. reports is has successfully completed its previously announced offering of $950 million of medium term notes in two tranches.The notes were issued under a pricing supplement dated June 19, 2008 to the company’s short form base shelf prospectus dated March 12, 2007 and prospectus supplement dated March 27, 2007. The notes were […]
High gas prices will force 10 million cars off the road, says CIBC World Markets
The Toronto-Dominion Bank says it intends to issue $650 million of medium term notes.The notes, to be sold through an agency syndicate led by TD Securities Inc., are expected to be issued July 7, 2008, and will pay a coupon of 5.828% until July 9, 2018, and the bankers’ acceptance rate plus 2.55% thereafter until […]
U.S. GDP growth revised higher
Nasdaq rises after Fed keeps U.S. rates steady