|Bid||103.69 x 0|
|Ask||103.69 x 0|
|Day's Range||103.52 - 104.27|
|52 Week Range||90.10 - 105.12|
|Beta (3Y Monthly)||0.97|
|PE Ratio (TTM)||12.19|
|Earnings Date||May 23, 2019|
|Forward Dividend & Yield||4.08 (3.92%)|
|1y Target Est||111.23|
Starting Tuesday, the photo-sharing app is testing a shopping feature, called Checkout, with a handful of retailers including Nike Inc. and designer fashion platform Revolve. “Over time, as we are creating value for people, this could be a significant part of our business,” said Vishal Shah, Instagram’s head of product. On Checkout, people will be able to buy directly within Instagram, rather than being directed to a retailer’s website.
HAMILTON, ON , March 19, 2019 /CNW/ - RBCxMusic, in partnership with Golf Canada, is pleased to announce a new concert series, featuring Grammy-nominated and internationally acclaimed duo, Florida Georgia Line (FGL), and JUNO award winners and homegrown rock band, The Glorious Sons, taking place at the 2019 RBC Canadian Open. The concert series will be held on the iconic grounds of the Hamilton Golf and Country Club on June 7 and 8, 2019, and will offer an enhanced experience for golf fans, music lovers and players alike. Global entertainers Florida Georgia Line are well known for their innovative artistry and chart-topping songs – including their 16th #1 hit "Simple" and breakout 11X-PLATINUM smash "Cruise." Their fourth studio album CAN'T SAY I AIN'T COUNTRY (BMLG Records) recently arrived, racking up over 473,000 album consumption globally to date, and debuting at #1 on the Billboard Top Country Albums chart. The project features current chart-rising single "Talk You Out of It." The pair will launch their North American 2019 CAN'T SAY I AIN'T COUNTRY TOUR this summer.
TORONTO , March 15, 2019 /CNW/ - Canada's economic growth will slow in 2019 as global economic momentum fades and oil-sector woes at home weigh on activity, according to the latest RBC Economic Outlook Report. "The impact of the energy-sector weakness on the Canadian economy is more limited when compared to the previous oil downturn in 2015 and 2016," said Craig Wright , Senior-Vice President and Chief Economist, RBC. The Canadian economy will continue to get a boost from a strong labour market, and projected growth of 2.4 per cent in the U.S. should support Canadian exports.
A federal judge in Manhattan on Thursday dismissed a lawsuit by investors that accused nine large banks, including six from Canada, of conspiring to manipulate a Canadian rate benchmark to improve profits ...
(Bloomberg) -- Hexo Corp.’s C$263 million ($197 million) deal for Newstrike Brands Ltd. came together over dinner with The Tragically Hip and marks the first time Royal Bank of Canada advised on a cannabis transaction.
Royal Bank of Canada was the sole adviser to BB&T Corp. in its planned $28 billion acquisition of SunTrust Banks Inc., the world’s largest bank merger in more than a decade. The firm also advised Melrose Industries Plc on its $11 billion takeover of GKN Ltd. and it helped arrange the financing for mega-deals involving Walt Disney Co. and T-Mobile US Inc. “As our platform and relationships have grown, we expect we’ll start to work on larger, more strategic transactions,” Derek Neldner, Royal Bank of Canada’s global head of investment banking, said in an interview at the RBC Financial Institutions Conference, held this week in New York.
RBC Global Asset Management Inc. announces maturity date of RBC Target 2019 Corporate Bond Index ETF
Sterling zipped more than 1 per cent higher on Wednesday, with a rally that began earlier accelerating after the Commons backed an amendment aimed at taking a potentially damaging no-deal Brexit off the table. The rise erases a fall that came after Geoffrey Cox, the government’s chief legal adviser, said on Tuesday the new Brexit deal would not necessarily keep the UK from being stuck indefinitely in a customs union with the EU. Sterling also posted robust gains on Wednesday against the common currency, up 1 per cent in recent trade.
Royal Bank of Canada will form a real estate investment partnership with property assets worth over C$7 billion , the country's largest lender said in a statement on Tuesday. The agreement was between ...
TORONTO , March 12, 2019 /CNW/ - RBC Global Asset Management Inc. (RBC GAM) today announced an agreement with British Columbia Investment Management Corporation (BCI) and QuadReal Property Group (QuadReal) to make one of Canada's most diversified commercial real estate portfolios available to institutional investors.
G4S, the world’s biggest security company, reported a 63 per cent drop in full-year pre-tax profits after it compensated thousands of employees for lost meal and rest breaks. The company, which employs 570,000 staff across 90 countries, has been forced to pay between £100m and £130m to settle a lawsuit covering 13,500 staff employed between 2001 and 2010 in California. The agreement followed G4S’s previous settlements of two class action lawsuits in California in 2015 and 2017 that were similar in nature and size but cost it £9m in 2018.
The Securities and Exchange Commission said it had settled charges against 79 investment firms for undisclosed conflicts of interest related to sales of mutual funds.
RBC Global Asset Management Inc. re-opens Phillips, Hager & North Bond Fund to new investors
If you want to know who really controls Royal Bank of Canada (TSE:RY), then you'll have to look at the makeup of its share registry. Generally speaking, as a companyRead More...
TORONTO , March 7, 2019 /CNW/ - Royal Bank of Canada (RY on TSX and NYSE) today announced it has filed its notice of annual meeting of common shareholders and management proxy circular for 2019 with securities regulators. The circular will be mailed to shareholders and is also available online at rbc.com/governance. The circular contains information about RBC's annual meeting, which is scheduled to take place on Thursday, April 4, 2019 in Halifax, Nova Scotia , including the election of directors and the appointment of the bank's auditor. It also includes a detailed description of the board's assessment of the performance of RBC named executive officers for fiscal 2018 and related compensation decisions.
RBC Global Asset Management Inc. announces February sales results for RBC Funds, PH&N Funds and BlueBay Funds
TORONTO , March 5, 2019 /CNW/ - While automation is poised to disrupt millions of jobs in Canada , women may be better positioned than men in the labour market of the future, according to a new report from RBC Economics. RBC Economics' analysis shows women hold more than half of the 35 per cent of Canadian jobs that face an elevated threat from automation. Generalist, digital and social skills – the skills that women currently use to a greater extent – will be in high demand for future roles.
TORONTO , March 5, 2019 /CNW/ - Too few Canadian companies are taking advantage of global trade and could be missing out on valuable growth opportunities. While recent research suggests that only four per cent of small and medium sized enterprises in Canada are exporting goods1, a new RBC survey of owners and C-suite executives from mid-market Canadian businesses, shows that 62 per cent of business leaders who are not currently exporting know that it could increase their revenue. The poll took a deeper look into the barriers that are holding Canadian businesses back from taking their business global.
RBC's Dave McKay to Speak at the 2019 RBC Capital Markets Financial Institutions Conference
(Bloomberg) -- JPMorgan Chase & Co., Credit Suisse Group AG and Jefferies Financial Group Inc. have taken the lead roles on Lyft Inc.’s initial public offering, as expected.
Gross domestic product grew by just 0.1 percent in the fourth quarter, or 0.4 percent annualized, Statistics Canada said Friday. Most economists have been expecting the first three months of this year will be even weaker, because of the impact of oil production cuts mandated by Alberta’s government. While the slowdown was expected, the picture is much bleaker than anyone anticipated with weakness extending well beyond the battered energy sector -- reflecting a confluence of headwinds from the impact of higher interest rates to global trade tensions denting business and household confidence.
TORONTO , March 1, 2019 /CNW/ - RBC today released its 2018 Environmental, Social and Governance (ESG) Performance Report and Public Accountability Statement (PAS). The ESG Performance Report and PAS provides investors and other stakeholders with information about our strategy, commitments and performance on relevant environmental, social and governance topics. It also outlines RBC's contribution to the economy and society in Canada , which are key measures supporting RBC's purpose to help clients thrive and communities prosper.