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11 Feb 2016 14:30 - 25 Feb 2016 10:14 #291399
by ketchim
Canada’s main stock index fell over 1 per cent on Thursday, hitting a three-week low as a string of disappointing corporate earnings reports added to broad investor unease about the global economy.
The most influential weight on the index was Manulife Financial Corp, which slumped 10.34 per cent to $15.52 after the country’s largest insurer missed market estimates for the fourth quarter and said it would be difficult to achieve its core earnings target for 2016.
Last edit: 25 Feb 2016 10:14 by
ketchim.
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11 Feb 2016 14:34 #291404
by ketchim
Manu Life has my benefits plan
Royal Bank of Canada down 2.24 per cent to $64.71
Toronto-Dominion Bank off 2.09 per cent at $48.66.
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11 Feb 2016 14:38 #291407
by VillageBelle
I am in a quandary.....
I have several GICs maturing and I don't want to put them back in GIC because of the almost non-existent interest rate
nervous about mutual funds because of the instability of the market
even though this is most likely the best time.....with market being low
what should I do???
my risk tolerance is medium/low
I plan to work for at least another 3 years
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11 Feb 2016 14:39 #291408
by ketchim
Telus Corp declined 2.1 percent to $38.99
after the telecom company reported a fall in quarterly profit, hurt by increased competition
and weaker demand for its wireless services
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11 Feb 2016 14:41 #291412
by ketchim
Teck Resources Ltd, North America’s largest producer of steel-making coal :
declined 6.07 per cent to $5.11
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11 Feb 2016 14:45 #291417
by ketchim
At 11:21 a.m. ET, the Toronto Stock Exchange
S&P/TSX composite index was down 141.7 points
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