RBC's refocus in Caribbean continues

Royal Bank of Canada is selling its subsidiary in Suriname, marking another step in the bank's continuing effort to its refocus its operations amid challenging conditions in the Caribbean region.   Thursday, April 02, 2015


Oracle Corp. (ORCL-NYSE) Close: $43.44 (U.S.), up 80cents In analyzing Oracle Corp.'s cloud business, RBC Dominion Securities analyst Ross MacMillan came to the conclusion: ''Underlying growth is accelerating, which we think will become even more apparent in coming quarters.'' He is also confident about Oracle's database business, upgrading the stock to ''outperform'' from ''sector perform.''   Tuesday, March 31, 2015

Teck, Chilean copper producer deny report of merger talks

Teck Resources Ltd. and Antofagasta PLC denied a report that they were in merger talks to create one of the world's largest copper producers.Teck ''is not in discussions with Antofagasta in relation to any form of transaction,'' the Canadian miner said in a statement. ''There are no other corporate developments that justify any significant movement in its share price.''   Tuesday, March 31, 2015

Oil slump weighs on economy

As oil stubbornly lingers below $50 (U.S.) per barrel, troubles are mounting for the Canadian economy and the job market.The economy is projected to expand by 1.9 per cent this year, a notable drop-off from growth of 2.5 per cent in 2014, according to a new report from TorontoDominion Bank.   Wednesday, March 25, 2015