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About SunnyForest
Investing ideas from Justin Forest Read more

View Justin Forest's profile on LinkedIn

Financial Post
Scotiabank Q1 earnings jump 17%
Wed, 10 Mar 2010 00:14:56 GMT
For the three months ended Jan 31, Canada’s third biggest bank posted net income of $988-million, or 91 cents a share, compared to $842-million, or 8...

MetLife to buy AIG’s Alico unit for US$15.5B
Mon, 08 Mar 2010 14:02:21 GMT
AIG is selling its foreign life insurance unit to MetLife Inc for about US$15.5-billion, in its second major asset sale in a week to repay the U.S. g...

Canadian bank CEO pay rises 10% as TD, Royal top Goldman Sachs
Fri, 05 Mar 2010 13:02:57 GMT
Bank of Nova Scotia CEO Richard Waugh was awarded the biggest increase, 29%, followed by William Downe of Bank of Montreal, at 25%...

TD doubles Q1 profit
Thu, 04 Mar 2010 17:31:58 GMT
Helped by lower than expected credit provisions and record performance in domestic banking, Toronto Dominion Bank doubled its first quarter profit co...

RBC profits up 35% in first quarter
Thu, 04 Mar 2010 00:32:37 GMT
While the year ago results were weighed down the financial crisis, the dramatic market recovery that has taken place since last spring boosted all th...

BMO reports near three-fold jump in profit
Tue, 02 Mar 2010 23:49:11 GMT
Bank of Montreal is the third big bank to come out ahead of analyst estimates, following on the heels of Canadian Imperial Bank of Commerce and Natio...

Scotiabank CEO takes home $9.7-million
Mon, 01 Mar 2010 23:02:30 GMT
Rick Waugh, chief executive of Bank of Nova Scotia, was awarded $9.7-million last year in total direct compensation, up 29% from the previous year as...

OMERS slowly climbing out of pension crater
Mon, 01 Mar 2010 18:03:33 GMT
While the results it released for 2009 are slightly higher than 10% investment return posted last week by the Caisse de dépôt et placement du Québec,...

UK’s Pru to buy AIG Asia for US$35.5B
Mon, 01 Mar 2010 16:21:44 GMT
The acquisition will be financed in part by a US$20-billion equity capital raising, one of the biggest cash calls ever, and by a US$5-billion debt is...

Bank of Canada names new senior deputy governor
Fri, 26 Feb 2010 17:00:32 GMT
Tiff Macklem has been tapped to become the No. 2 official at the Bank of Canada, taking over as senior deputy governor after Paul Jenkins steps down...

Globe And Mail
New credit card rules coming Thursday
Wed, 20 May 2009 18:01 EDT
Finance Minister to unveil new regulations that include 21-day grace period, more disclosure on interest rates


Oil, inflation data push TSX higher
Wed, 20 May 2009 17:00 EDT
Wall Street stocks give up day's gains following release of more pessimistic Fed report


U.S. Congress passes credit card bill
Wed, 20 May 2009 14:48 EDT
New law will contain restrictions protecting debt-ridden consumers, make it more difficult for those under 21 to get a card


B of A won't be part of industry consolidation: Lewis
Wed, 20 May 2009 10:28 EDT
Bank has “enough on our hands right now” he tells a UK audience

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Canaccord revenue falls 25%
Wed, 20 May 2009 10:07 EDT
Investment deal makes $3.7-million profit in the quarter



U.S. mortgage applications rise
Wed, 20 May 2009 09:10 EDT
Low interest rates spur demand for home refinancing, but home purchase loans, which indicate actual sales, fall


Former Caisse boss defends bonus plan
Wed, 20 May 2009 07:34 EDT
Description is not available


TD continues to work the U.S. angle
Wed, 20 May 2009
It was almost a year ago - in the brief recess between the implosion of Bear Stearns and the collapse of U.S. financial markets - that Ed Clark sough...

TD continues to work the U.S. angle
Tue, 19 May 2009 19:48 EDT
Bank in running to take over Florida's largest regional lender



Stalking horses and the use of section 363
Tue, 19 May 2009 18:41 EDT
Plus: Has the worry over layoffs changed the way people take their vacations?


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