|Bid||105.02 x N/A|
|Ask||105.20 x N/A|
|Day's range||104.61 - 105.34|
|52-week range||90.10 - 107.91|
|Beta (3Y monthly)||0.95|
|PE ratio (TTM)||12.37|
|Earnings date||23 May 2019|
|Forward dividend & yield||4.08 (3.82%)|
|1y target est||111.46|
The merchandise gap with China shrank to $28.3 billion in March, according to a Commerce Department report Thursday that also showed the overall U.S. deficit in goods and services widened to $50 billion. China’s top negotiator was due in Washington Thursday to continue the discussions before tariffs rise Friday. The narrower gap with China obscures a sharp drop in trade between the nations.
Brent crude futures fell 1.9 percent on Tuesday, slipping below $70 a barrel for the first time in over a month, as investors fretted about potential damage to the global economy. “There are concerns about the broad economic environment,” said Michael Tran, a commodity strategist at RBC Capital Markets LLC in New York. Prices were little changed after the industry-backed American Petroleum Institute was said to deliver a mixed report on U.S. supplies.
Others, including Raymond James and Cowen, are more cautious, warning the process may have been derailed, and point to rising global risks. Tech and machinery companies were hard hit, with Alibaba Group, Apple Inc., Boeing Co. and Caterpillar Inc. all sliding. Bellwether banks such as Bank of America Corp., Citigroup Inc. and JPMorgan Chase & Co. were all falling 1.5 percent or more.
Because macroeconomics doesn’t work quite like science, policy makers and finance industry professionals are often tempted to ignore academics and embrace the simpler, logical-seeming ideas of unconventional paradigms like Austrian economics or modern monetary theory. Sadly, though, applying these methods to macroeconomics is almost impossible.
The Saudis are closely monitoring oil-market developments after the U.S. announcement regarding export sanctions on Iran, Al-Falih said in a statement. @JohnKerry and people who helped him lead the U.S. into the very bad Iran Nuclear Deal. Any nation continuing to buy Iranian oil will face U.S. sanctions, Secretary of State Michael Pompeo said Monday after announcing that temporary waivers granted to some nations late last year won’t be renewed when they expire next month.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Post-GFC recovery has strengthened economic growth and credit quality, benefiting large banks such as Royal Bank of Canada (T...
HALIFAX, Nova Scotia , April 4, 2019 /PRNewswire/ -- Donations will support youth-focused organizations driving positive change in their communities In celebration of its 150 th birthday, RBC announced ...
Starting Tuesday, the photo-sharing app is testing a shopping feature, called Checkout, with a handful of retailers including Nike Inc. and designer fashion platform Revolve. “Over time, as we are creating value for people, this could be a significant part of our business,” said Vishal Shah, Instagram’s head of product. On Checkout, people will be able to buy directly within Instagram, rather than being directed to a retailer’s website.
A federal judge in Manhattan on Thursday dismissed a lawsuit by investors that accused nine large banks, including six from Canada, of conspiring to manipulate a Canadian rate benchmark to improve profits ...
The Securities and Exchange Commission said it had settled charges against 79 investment firms for undisclosed conflicts of interest related to sales of mutual funds.
If you want to know who really controls Royal Bank of Canada (TSE:RY), then you'll have to look at the makeup of its share registry. Generally speaking, as a companyRead More...