S&P/TSX 60 Index

Sun Life Financial's Mark Saunders named ITAC CanadianCIO of the Year

Retrieved on: 
Wednesday, November 7, 2018
Finance, Financial services, S&P/TSX 60 Index, Insurance, Sun Life Financial, Saunders, SLF, ITAC

TORONTO, Nov. 7, 2018 /CNW/ -Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) ("Sun Life") is pleased to announce that Executive Vice-President and Chief Information Officer, Mark Saunders has been named this year's ITAC CanadianCIO of the Year for the private sector.

Key Points: 
  • TORONTO, Nov. 7, 2018 /CNW/ -Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) ("Sun Life") is pleased to announce that Executive Vice-President and Chief Information Officer, Mark Saunders has been named this year's ITAC CanadianCIO of the Year for the private sector.
  • Saunders received the recognition last night at the 2018 ITAC Ingenious Awards gala.
  • "Above all, this recognition is very much a tribute to our teams at Sun Life," said Mark Saunders, Executive Vice-President and Chief Information Officer, Sun Life Financial.
  • Sun Life Financial is a leading international financial services organization providing insurance, wealth and asset management solutions to individual and corporate Clients.

Scotiabank named 2018 Bank of The Year by LatinFinance

Retrieved on: 
Tuesday, November 6, 2018
S&P/TSX 60 Index, Scotiabank, Financial services, LatinFinance, Finance, Banks, ING Group

TORONTO, Nov.6, 2018 /CNW/ - Scotiabank is proud to have been named 2018 Bank of the Year by LatinFinance for excellence in retail, commercial and investment banking services for Latin America and the Caribbean.

Key Points: 
  • TORONTO, Nov.6, 2018 /CNW/ - Scotiabank is proud to have been named 2018 Bank of the Year by LatinFinance for excellence in retail, commercial and investment banking services for Latin America and the Caribbean.
  • Scotiabank is the first Canadian bank to ever receive the Bank of the Year award from LatinFinance.
  • Winners will be honoured at an Awards Ceremony in New York City on December 4, 2018 to celebrate LatinFinance's 30th anniversary.
  • Scotiabank is Canada's international bank and a leading financial services provider in the Americas.

/R E P E A T -- CGI to release fourth quarter and fiscal 2018 results on November 7/

Retrieved on: 
Tuesday, November 6, 2018
Business, Economy, CGI Group, S&P/TSX 60 Index, Knowledge

Listeners should allow ample

Key Points: 
  • Listeners should allow ample
    time to access the webcast and supporting slides.
  • Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world.
  • CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results.
  • With annual revenue of C$10.8 billion, CGI shares are listed on the TSX (GIB.A) and theNYSE (GIB).

National Bank Opens Offices in The Exchange building in Vancouver

Retrieved on: 
Monday, November 5, 2018
Financial services, S&P/TSX 60 Index, Finance, Economy, Banking, National Bank of Canada, Bank, Primary dealers, Union Savings Bank, Bank of America

MONTREAL, Nov. 5, 2018 /CNW Telbec/ -On November 1, 2018, National Bank celebrated the inauguration of its new offices at The Exchange building, in the heart of Vancouver's financial district.

Key Points: 
  • MONTREAL, Nov. 5, 2018 /CNW Telbec/ -On November 1, 2018, National Bank celebrated the inauguration of its new offices at The Exchange building, in the heart of Vancouver's financial district.
  • National Bank occupies five floors in the building located at 475 Howe Street in Vancouver where it can now consolidate all its personal banking, commercial banking and wealth management services under one roof.
  • "The Bank has invested $10million in its new offices, which clearly signals our ambition to step up our activities in Western Canada and offer our clients a complete line of banking and investment services," stated Martin Gagnon, Co-President and Co-Chief Executive Officer of National Bank Financial and Executive Vice-President Wealth Management at National Bank.
  • With $258billion in assets as at July31, 2018, National Bank of Canada , together with its subsidiaries, forms one of Canada's leading integrated financial groups.

BMO Financial Group Appoints Hon. Brian Tobin as Vice-Chair

Retrieved on: 
Friday, November 2, 2018
Bank of Montreal, S&P/TSX 60 Index, Finance, Financial services, BMO Capital Markets, BMO, Investment, Bill Downe

TORONTO, Nov. 2, 2018 /CNW/ - BMO Financial Group today announced the appointment of the Honourable Brian Tobin, P.C., O.C.

Key Points: 
  • TORONTO, Nov. 2, 2018 /CNW/ - BMO Financial Group today announced the appointment of the Honourable Brian Tobin, P.C., O.C.
  • to the expanded role of Vice-Chair, BMO Financial Group effective November 1, 2018.
  • Formerly Vice-Chair of BMO Capital Markets, Mr. Tobin will now report to Darryl White, Chief Executive Officer, BMO Financial Group.
  • "Brian has brought tremendous and diversified experience to BMO," said Mr. White.

Pembina Pipeline Corporation Extends Secured Growth with $1.3 Billion of New Integrated Infrastructure Development

Retrieved on: 
Thursday, November 1, 2018
S&P/TSX 60 Index, Pembina Pipeline, Pembina, Petroleum industry, Economy of Canada, Energy

CALGARY, Alberta, Nov. 1, 2018 /PRNewswire/ -- Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that it has entered (directly and through its joint venture affiliates) into long-term, take-or-pay agreements to backstop development of new pipeline and processing infrastructure totaling approximately $1.3 billion.

Key Points: 
  • CALGARY, Alberta, Nov. 1, 2018 /PRNewswire/ -- Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that it has entered (directly and through its joint venture affiliates) into long-term, take-or-pay agreements to backstop development of new pipeline and processing infrastructure totaling approximately $1.3 billion.
  • Collectively, these new projects extend Pembina's current portfolio of secured projects from $1.9 billion to $3.1 billion.
  • In aggregate, the $3.1 billion of secured projects are expected to generate run rate Adjusted EBITDA of approximately $300 to $450 million per year.
  • Once Phase VII is complete, Pembina will have 1.1 million bpd of Edmonton area market delivery capacity across the Company's Peace and Northern Pipeline systems.

Tervita Corporation Announces Timing of Third Quarter 2018 Results and Conference Call Details

Retrieved on: 
Thursday, November 1, 2018
Tervita, S&P/TSX 60 Index, Economy of Canada, System for Electronic Document Analysis and Retrieval, BlackBerry Limited, Calgary, Canada, Economy of North America

CALGARY, Nov. 1, 2018 /PRNewswire/ - Tervita Corporation ("Tervita", the "Company") (TSX: TEV)announced today that it expects to release the results for the three and nine months ended September 30, 2018 after market close on Wednesday, November 14, 2018.

Key Points: 
  • CALGARY, Nov. 1, 2018 /PRNewswire/ - Tervita Corporation ("Tervita", the "Company") (TSX: TEV)announced today that it expects to release the results for the three and nine months ended September 30, 2018 after market close on Wednesday, November 14, 2018.
  • Interim Financial Statements and Management's Discussion and Analysis will be posted to Tervita's website and SEDAR following the release.
  • Tervita will host a conference call on Thursday, November 15, 2018 at 11:00 a.m. MST to discuss the third quarter results.
  • Tervita has close to 40 years of operational experience in Canada as a leading environmental solutions provider.

Manulife announces three transactions on its legacy businesses that will release over $1 billion of capital, intention to launch normal course issuer bid and an increase to its common share dividend

Retrieved on: 
Thursday, November 1, 2018
Actuarial science, Insurance, Finance, Economy, Manulife, S&P/TSX 60 Index, Dividend, Annuity, Reinsurance

Manulife announces intention to launch Normal Course Issuer Bid to acquire up to 40 million of its common shares, subject to regulatory approval.

Key Points: 
  • Manulife announces intention to launch Normal Course Issuer Bid to acquire up to 40 million of its common shares, subject to regulatory approval.
  • Manulife changes its DRIP Program to issuances from treasury at a 2% discount relative to the market price.
  • TORONTO, Nov. 1, 2018 /PRNewswire/ - Manulife Financial Corporation ("Manulife" or the "Company") today announced three reinsurance transactions on its legacy businesses, its intention to launch a Normal Course Issuer Bid and an increase to its common share dividend.
  • The individual and group pay-out annuity transactions relating to New York business will close separately, subject to regulatory approval.

Ballard Reports Q3 2018 Results

Retrieved on: 
Thursday, November 1, 2018
Economy, S&P/TSX 60 Index, Finance, BlackBerry Limited, Ballard Power Systems, Earnings before interest, taxes, depreciation, and amortization

VANCOUVER, Oct. 31, 2018 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced consolidated financial results for the third quarter ended September 30, 2018.

Key Points: 
  • VANCOUVER, Oct. 31, 2018 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced consolidated financial results for the third quarter ended September 30, 2018.
  • Randy MacEwen, President and CEO said, "Ballard delivered Q3 revenue of $21.6 million, gross margin of 30% and Adjusted EBITDA of ($3.6) million.
  • Financial results disappointed in Q3, primarily due to a slower-than-expected ramp-up in China, while the Company's long-term value and growth potential improved in the quarter.
  • This adjustment, combined with the recent sale of the Power Manager business which closed in October 2018 and the associated absence of Power Manager revenue in Q4 2018, results in expected full-year 2018 revenue of approximately $90-95 million.

CGI to release fourth quarter and fiscal 2018 results on November 7

Retrieved on: 
Wednesday, October 31, 2018
Business, Economy, CGI Group, S&P/TSX 60 Index, IBM Global Services

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world.

Key Points: 
  • Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world.
  • With 74,000 professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from IT and business consulting to systems integration, outsourcing services and intellectual property solutions.
  • CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results.
  • With annual revenue of C$10.8 billion, CGI shares are listed on the TSX (GIB.A) and theNYSE (GIB).