Earnings

Market Insights

Deception of a different kind

When companies use accounting to make profits look bad

April 1, 2012

5 min read

Industry

Desjardins Financial Security profits up 13.5%

Desjardins Financial Security (DFS), a subsidiary of Desjardins Group, recorded profits of $225.5 million for 2011, posting a year-over-year increase of 13.5%.

By Staff |March 14, 2012

1 min read

Industry

Standard Life focuses on PRPPs

Despite low interest rates and economic uncertainty, Standard Life Financial today reported net income of $244 million in 2011, slightly down from $252 million 2010.

By Vikram Barhat |March 13, 2012

2 min read

Industry

Macquarie slashes 2012 outlook

Macquarie has slashed its full-year profits guidance, underlining the tough conditions currently facing the investment banking industry.

February 7, 2012

1 min read

Manulife’s billion dollar splashdown

When the Canadian life insurers reported their third quarter results, billions of dollars in red ink flowed. Investors and executives alike were blaming the accounting rules. Frankly, we had to smile.

6 min read

GMP Capital earnings hit by volatility

Second quarter market volatility dealt a blow to the earnings of GMP Capital, which has reported net income of $5.1 million in net income, down from $24.1 million in the corresponding quarter last year. “We’re highly sensitive to market conditions in the mid-cap segment,” said CEO Harris Fricker. “To date, I don’t think its any […]

2 min read

Earnings season will disappoint: Scotia analyst

Scotia Capital’s recently released Beat the Street report for Q2 2011, penned by associate strategist Hugo Ste-Marie, is calling for less than stellar earnings reports for both the S&P 500 and TSX. The report suggests the S&P 500 is facing a number of challenges in Q2, singling out three main headwinds pushing against the likelihood […]

By Staff |June 24, 2011

2 min read

Premium Advice — Using insurance to ensure a happy second marriage

A lot of our clients are successful in business, but marriage is another story. Many first-time unions have ended in divorce because of an overworked husband or wife, but now that they have a solid career, it’s often time to find a special someone again. Life isn’t as simple for your client as it was […]

4 min read