Myth: You can’t go wrong buying Canadian banks. Fact: Yes you can. Shares of Laurentian Bank of Canada plummeted after the Montreal-based lender posted a 38-per-cent drop in first-quarter earnings a share, hit by lower capital markets revenue.
investors can’t get enough of the stuff: Shares of the company – which also makes Folgers Coffee, Robin Hood flour and dozens of other food products – surged after it reported quarterly revenue and earnings that topped expectations. Investors are celebrating with a big glob of jam.SunOpta Inc. shareholders just got a severe sunburn.
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