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TORONTO 鈥?Royal Bank TSX:RY saw its fourth-quarter net income dip two per cent to $2.54
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stanley cups fited from a lower effective tax rate.Revenue for the three-month period ended Oct. 31 was $9.27 billion compared with $8.02 billion during the same period last year. ARTICLE CONTINUES BELOW After adjustments, the bank said it earned $1.69 per share on a cash basis. Analysts had been expecting an average of $1.71 per share, according to Thomson Reuters.I ;m not going to say that this company in real trouble, but I just don ;t see a path where RBC can come anywhere close to historical profitability levels, said Edward Jones analyst Jim Shanahan. ARTICLE CONTINUES BELOW RBC was the second of the five big banks to report its fourth-quarter earnings results, following on the heels of Scotiabank TSX:BNS , which reported on Tuesday.CIBC TSX:CM and TD Bank TSX:TD will report on Thursday and Bank of Montreal TSX:BMO will wrap up the earnings parade on Dec. 6. ARTICLE CONTINUES BELOW Shanahan said he expects more of the same, with the other lenders Otvh Raise a glass for seriously ill children in Toronto at Chai on Tap
A Halton police investigation has led to a significant road closure in an Oakville neighbourhood Tuesday morni
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