Home buyers benefiting from downward pressure on prices, lower mortgage rates
J.P. Morgan profit down 10%
Dow, S&P 500 rise more than 1%
Cambridge Advisors appointed portfolio manager
A hearing panel of the Atlantic Regional Council of the Mutual Fund Dealers Association of Canada has approved a settlement agreement between the MFDA and Melvin Penney.At a hearing in Moncton, New Brunswick, on Wednesday, the panel suspended Penny’s authority to conduct securities-related business with any MFDA member firm for two years.The panel also ordered […]
Syndicate agents for the initial public offering of the Horizons AlphaPro Gartman Fund have exercised the over-allotment option for an additional 265,000 Class A units of the fund, Jovian Capital Corp. said Wednesday.In total, the fund has issued approximately 5.8 million Class A and Class F units, for gross proceeds of approximately $58 million. The […]
TMX Group Inc. will launch its 2009 U.S. Campaign Wednesay with a live internet broadcast from the TMX Broadcast Centre in Toronto. TMX says more than 170 people have registered for the webcast, which will cover raising capital on Toronto Stock Exchange and TSX Venture Exchange as well as cross-border legal and taxation considerations. The […]
Manulife program designed to help clients choose the right insurance
Bulk of job losses in low-paying positions
Bank of Nova Scotia has completed its domestic offering of $1 billion of 4.94% subordinated debentures due 2019, the bank said Wednesday.The debentures will qualify as Tier 2B capital of the bank for regulatory purposes and are part of Scotiabank’s ongoing and proactive management of its capital structure, the bank said.The offering was made through […]