|Bid||80.710 x 4000|
|Ask||80.740 x 800|
|Day's Range||80.600 - 80.830|
|52 Week Range||73.920 - 87.100|
|PE Ratio (TTM)||13.35|
|Earnings Date||Nov 30, 2016 - Dec 5, 2016|
|Forward Dividend & Yield||3.01 (3.80%)|
|1y Target Est||88.84|
Bruce Ross of RBC to Speak at CIBC's 17th Annual Eastern Institutional Investor Conference
The US’s trade war with its allies will continue to dominate headlines next week but investors also await the latest monetary policy decision from the Federal Reserve. The Senate judiciary committee could conduct a hearing about the sexual assault allegations against President Donald Trump’s Supreme Court nominee, Brett Kavanaugh. The hearing was originally scheduled for Monday but the timing is uncertain after lawyers for Christine Blasey Ford, who accused Mr Kavanaugh of sexual assault, said testifying Monday is “not possible”.
The Hong Kong dollar strengthened sharply on Friday ahead of next week’s US Federal Reserve meeting and an expected a rise in interest rates, putting downward pressure on prices in the world’s least affordable property market. Hong Kong’s local currency jumped as much as 0.6 per cent to HK$7.7930 against the greenback, to reach its strongest level since November 2017. The Hong Kong dollar had traded close to HK$7.85 — the weak end of its permitted trading band — through most of August.
Moody's Investors Service has assigned Aa1/VMIG 1 letter of credit (LOC) backed ratings to the Metropolitan Washington Airports Authority, DC, Airport System Revenue, Variable Rate Bonds, Series 2003D-1 (AMT) (Series 2003D-1 Bonds) and affirmed Aa1/VMIG 1 LOC-backed ratings of Metropolitan Washington Airports Authority, DC, Airport System Revenue and Refunding Variable Rate Bonds, Series 2011A, Subseries 2011A-1, 2011A-2, and 2011A-3 (collectively, Series 2011A Bonds). The rating assignment is in conjunction with the interest rate conversion of the Series 2003D-1 Bonds from index rate to weekly rate and the issuance of a TD Bank, N.A. LOC to support such Bonds.
TORONTO , Sept. 20, 2018 /CNW/ - Entrepreneurial spirit is alive and well in Canada with more than half (54 per cent) of Canadians saying they have thought about owning their own business according to the 2018 RBC Small Business Poll. Of those who have considered owning a business, 56 per cent are already putting their entrepreneurial skills to use by making money from their passion project (28 per cent), taking on side jobs when they need money (20 per cent) and testing out a new business idea (8 per cent). "Many Canadians are taking the entrepreneurial steps to earn money outside of their regular income, but don't necessarily view themselves as small business owners in the traditional sense.
Bond yields in leading sovereign debt markets are experiencing a concerted upward shift as investors’ trade fears ease, boosting their expectations for the economic outlook. It hit 3.07 per cent in Wednesday’s trading, its highest level since mid-May. Yields rise when prices fall. to levy tariffs on Chinese imports was already priced in to the markets, and adds further fuel to the growing expectations that the US Federal Reserve will pursue a hawkish monetary policy, with a series of further interest rate hikes to come.
TORONTO , Sept. 18, 2018 /CNW/ - On Tuesday evening, a jury comprised of Canadian artists, educators, curators and writers announced Amanda Boulos , as this year's winner of the RBC Canadian Painting Competition (CPC) at Toronto's Power Plant Contemporary Art Gallery. In addition, these three paintings will become part of RBC's corporate art collection, which consists of more than 4,500 pieces of work by Canadian artists. "I'm very thankful for the support RBC and Canadian Art has provided me, along with the chance to meet and build relationships with many emerging artists, peers and mentors," said Amanda Boulos , 2018 winner.
RBC Global Asset Management Inc. announces final details on maturity of RBC Target 2018 Corporate Bond Index ETF
TORONTO , Sept. 12, 2018 /CNW/ - Today, RBC and the Academy of Canadian Cinema & Television (The Canadian Academy) announced their partnership on a new initiative called the Music Video Production Project (MVP Project). The MVP Project will support and promote emerging Canadian recording artists and filmmakers in the creation of music video content, increasing resources available within the national music community. "RBC has worked closely with the music and film communities to create a program that specifically focuses on emerging artists, so they too have access to critical funding," said Matt McGlynn , Vice President of Brand Marketing, RBC.
TORONTO , Sept. 12, 2018 /CNW/ - Canada's uncertain trade backdrop has not had the dampening effect on the economy you might expect, according to the latest RBC Economic Outlook Report. While Canada's economic performance has been uneven throughout 2018, RBC expects a bounce-back in Q4.
Moody's Investors Service has assigned an A1 rating to Public Energy Authority of Kentucky (the Issuer) Gas Supply Revenue Bonds, 2018 Series B (the Bonds). The A1 rating takes into account the following ...
The following financial services industry appointments were announced on Friday. To inform us of other job changes, email email@example.com. Securities & Futures Commission of Hong Kong Hong Kong's ...
RBC Global Asset Management Inc. announces August sales results for RBC Funds, PH&N Funds and BlueBay Funds
MINNEAPOLIS , Sept. 6, 2018 /PRNewswire/ - RBC Global Asset Management (RBC GAM) today announced the appointment of Jeff Masom as Global Head of Institutional Distribution. Mr. Masom will be based in Boston ...
The Zacks Analyst Blog Highlights: Royal Bank of Canada, Bank of Montreal and Bank of Nova Scotia
Nine of the biggest banks won dismissal of a lawsuit claiming they rigged the market for bonds issued by government entities and institutions like the World Bank, after a judge said the investors who sued didn’t show how the alleged collusion caused them to pay higher prices for the securities. Investors in the market for supranational, sub-sovereign and agency debt -- often called SSA bonds -- sued almost a dozen banks in 2016, alleging they fixed prices that were quoted to clients, steered business to one another and shared confidential information with each other. U.S. District Judge Edgardo Ramos in New York tossed out the suit against the banks still remaining in the case -- Barclays Bank Plc, Credit Agricole SA, Citigroup Inc., Credit Suisse Group AG, HSBC Holdings Plc, Nomura Holdings Inc., Royal Bank of Canada, Toronto-Dominion Bank and BNP Paribas SA. In a ruling posted Tuesday, Ramos said the investors had failed to show how any specific transaction had harmed them.