September 26, 2011
in Federal Reserve, Greece, September, banks, central banks, commodities, debt, economy, europe, foreign investment, gold, international economy, market reports, metals, news and updates, precious metals, sovereign debt
Over the past 24 hours, the price of gold has plunged as much as $104/ounce, or 10%, ahead of what looks to be an imminent Greek debt default. In fact, the past three days have seen the largest consecutive drop in gold prices in 28 years! The question is why, you might ask. Debt problems [...]
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September 1, 2011
in Canadian, Canadian economy, Q3, S&P/TSX, TD, TSX, banks, dividends, earnings, income, market reports
Not so long ago we were still wondering when the Canadian banks would raise their dividends again, if ever (it seemed) after the 2008-2009 crisis.
Then National Bank led the way, quickly followed by TD.
It’s earnings week for Canadian banks this week, and TD (Toronto Dominion Group) just posted a 23% gain in profits, while raising [...]
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