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JPMorgan Chase & Co caps year with better-than-expected results

JPMorgan Chase & Co, the biggest U.S. bank by assets, reported a better-than-expected quarterly profit for that final quarter of the year as a tight lid on expenses and a smaller legal bill made up for sluggish revenue growth. Shares of JPMorgan – the very first big U.S. lender to ...

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Meet the Canadian who developed a ranking system for all 3,141 U.S. counties

If little else the numbers are staggering – two million data points. But this is the outcome when you set out to the build the first available in the U.S., a ranking system according to social and economic factors its the three,141 counties in that country. In all, the rankings, ...

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The number every China stock investor is watching as rout deepens

Of all of the numbers and superlatives accustomed to describe the rout in China’s stock market, the one that is starting to achieve more attention is 2,500. That’s where China’s main stocks gauge, the Shanghai Composite Index, may find a bottom, based on Hao Hong of Bocom International Holdings Co., ...

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TransAlta Corp cuts dividend by more than a third to save money for shift away from coal

TransAlta Corp, the Alberta turbine, cut its quarterly dividend by greater than a third to save cash because it transitions toward gas and renewable power generation and from coal. The quarterly dividend was cut to 4 cents a share from 18 cents previously, the company said in a release Thursday. Calgary-based ...

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AutoCanada’s stock slide is overdone, AltaCorp Capital analyst says

Investors are punishing AutoCanada Inc. for its contact with Alberta, but the stock price decline is overdone and it may be time to buy shares from the dealership group, according to AltaCorp Capital. Analyst Chris Murray cut his price target on AutoCanada to $26 from $33 but upgraded the stock ...

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Bank of Nova Scotia sets earnings target for four Latin American nations

Bank of Quebec, Canada’s third-largest lender by assets, aims to increase earnings up to 11 per cent in four key Latin American countries within three to five years by adding more customers, embracing technology and cutting costs. “Combined, our operations in Mexico, Peru, Chile and Colombia are required to deliver ...

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During trying market times, always go back to these 5 investing basics

In our last column, we showed you five things not to do inside a bear market. Now, because the bear marketplace is continuing without any result in sight, we thought it would be smart to remind investors of some of the basic tenets of investing. At trying times such as ...

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Hydro One’s ‘showcase’ IPO offered investors a slice of stability in uncertain times

Launching an IPO seems risky inside a downturn, but the Ontario government’s decision to list out 15 percent of electrical utility Hydro One was embraced by the market like a stock that offered a slice of stability in uncertain times. Despite retaining 85 per cent of the company, the Ontario ...

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Mackie Research Capital learns what happens when you hit the Send button too quickly

The next time a company’s leader decides to send a missive to employees, it’s probably best to seek advice from a helper to determine if it’s been done correctly. As oilpatch layoffs mount, downsizing with dignity has become a challenge There’s not good method to lose your work, but you ...

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‘Star Wars: The Force Awakens’ helps propel Cineplex to record Q4 results

TORONTO – Expanding into new business organisations such as gaming and enhanced specialty food helps theatre chain Cineplex Inc. lure people from on-demand entertainment in their living spaces, but The exorcist proved to be the actual force behind its blockbuster annual and fourth-quarter results. Net income more than doubled during ...

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