Sluggish Canadian Banks Face Stock Sales Over Capital Rules
-- With economic storm clouds gathering, Canada’s bank regulator is considering stricter capital requirements that some analysts say have the potential to force Royal Bank of Canada, the nation’s biggest lender, to sell equity.
BMO stock is certainly an excellent bank stock, as are the others. But there is even more reason to pick up the dividend stock today. The post BMO Stock: Why a 5% Dividend Yield Isn’t Why I’m Buying This Dividend Stock appeared first on The Motley Fool Canada.CALGARY — Enbridge Inc. says it has signed a US$14 billion cash-and-debt deal to purchase three U.S.-based utility companies. The Calgary-based energy infrastructure giant says the three utilities, owned by Dominion Energy, Inc.
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Marketmind: Oil, yield spike takes wind out of market sailsAsia is set for a cautious open on Wednesday after a jump in oil prices to their highest level this year and resulting spike in bonds yields on Tuesday helped take some of the froth out of local stock markets that had built up recently. Australia's economy is expected to have grown at a faster quarter-on-quarter rate of 0.3% than the 0.2% registered in the January-March period, and at a 1.8% annual rate, which would be down from 2.3% in Q1. These figures come a day after the Reserve Bank of Australia held its key cash rate on hold at 4.10% for a third month and indicated that its tightening cycle could be over, triggering a sharp sell off in the Australian dollar.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Marketmind: Oil, yield spike takes wind out of market sailsBy Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asia is set for a cautious ...
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