News Canada Banks: Bank of Canada holds key interest rate at 2.25%, saying war will boost global inflation
The Bank of Canada held its key interest rate at 2.25 per cent on Wednesday, saying that higher oil and gas prices from the war in the Middle East are likely to boost global inflation but that it's too soon to assess the conflict's impact on the Canadian economy.
News Canada Banks: Canadian Imperial Bank Of Commerce Shares Climb 1.3% Past Previous 52-Week High - Market Mover
Canadian Imperial Bank Of Commerce shares closed 1.3% higher than its previous 52 week high, giving the company a market cap of $57B. The stock is currently up 9.0% year-to-date, ...
News Canada Banks: Deutsche Bank Turns Bullish On Canadian National Railway
Deutsche Bank analyst Amit Mehrotra upgraded Canadian National Railway (NYSE: CNI) to Buy from Hold and raised the price target to 7 (an upside of 12%), from $129. Mehrotra mentions that the market is ...
News Canada Banks: Major Canadian Banks Pursue U.S. Buys, Investments to Grow
Canada's major banks plan to pursue their quest for growth south of the border, their top executives said on Monday, after Bank of Montreal's $16.3 billion Bank of the West buy last month. With ...
