National Bank of Canada ( TSE:NA ) has announced that it will be increasing its dividend from last year's comparable...
Canada's main stock index was subdued in early trading on Friday as losses in technology stocks countered communications gains, while investors assessed the latest batch of economic data and the last of the big bank earnings. At 9:44 a.m. ET (1444 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 5.09 points, or 0.03%, at 20,241.38. Information technology led sectoral declines, falling 0.5%, in tandem with a 0.3% decline in the tech-heavy U.S. Nasdaq, while communication stocks made the most gains, adding 1.0%.
(Bloomberg) -- The court-appointed receiver in the Traynor Ridge Capital Inc. case named new potential creditors, indicating that National Bank of Canada and JonesTrading Canada Inc. also have money caught up in the meltdown of the troubled hedge fund. Most Read from BloombergOpenAI Board Urged by Microsoft, Investors to Restore AltmanSpaceX Starship Explodes Though Craft Reached New MilestonesSilicon Valley Boardroom Coup Leads to Ouster of an AI ChampionBill Ackman Defends Elon Musk After Back