Category: RBC
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Smartsheet stock sees target raised by RBC Capital, acquisition by Blackstone and Vista valued at $8.4B By Investing.com
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On Wednesday, RBC Capital revised its price target to Smart Sheet Company (NYSE: NYSE: ) stock, raising it to $56.50 from a previous target of $51.00. The firm maintained a sector perform rating on the stock. The revision comes on the heels of Smartsheet’s announcement that it has entered into…
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Russia discussing hefty hike in ‘exit tax’ for foreign firms, RBC reports By Reuters
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MOSCOW (Reuters) – Russian authorities are discussing increasing the one-time contribution foreign companies leaving the country must make to the state budget to 40 percent from 15 percent, the RBC daily reported on Friday, citing four sources. Russia has steadily tightened exit requirements for foreign companies since Western sanctions were…
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RBC Says Former CFO’s Texts Show Romance With Executive
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Breadcrumbs Path Links PMN Business Royal Bank of Canada said it had evidence that its former chief financial officer had an intimate relationship with a colleague, but did not disclose it, citing text and email exchanges between the two. Article author: Bloomberg News Christine Dube Published on August 16, 2024…
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RBC countersues former CFO Ahn, claims breach of code of conduct By Reuters
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Written by Nivedita Balu TORONTO (Reuters) – Royal Bank of Canada filed a countersuit against ousted Chief Financial Officer Nadine Ahn on Friday, outlining the results of an internal investigation into her alleged intimate relationship with a subordinate and accusing her of violating the bank’s code of conduct. Last week,…
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RBC, Deutsche Bank plan US$4.5-billion debt sale for R1 RCM
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Article Content Deutsche Bank and Royal Bank of Canada are preparing to issue a $4.5 billion debt package to help finance Towerbrook Capital and Clutton Dubilier & Rice’s planned purchase of R1 RCM Inc., according to people familiar with the matter. The financing could include a leveraged loan of up…
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Deutsche Bank Q2 beats estimates, RBC maintains “outperform” despite headwinds By Investing.com
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Investment.com – German Bank DBK (ETR:) reported a positive set of second-quarter results that beat analysts’ expectations for net income and pre-tax earnings, according to a report from RBC Capital Markets. The upbeat performance was driven by strong revenue growth across all business divisions. Strong revenue growth across core businesses:…
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What happens to solar stocks if Trump wins? RBC weighs in By Investing.com
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With the 2024 U.S. presidential election approaching, the potential impact on solar stocks has become a major concern for investors, according to RBC Capital. Analysts at the bank provided a detailed analysis, suggesting that the current environment could provide a buying opportunity, particularly for select names with less exposure to…
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Arcadium Lithium surges as RBC starts as a buy, driven by strong production growth
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Omedia/E+ via Getty Images arcadium lithium (New York Stock Exchange: Altm) +12.7% In trading on Wednesday, RBC Capital rated the stock a new outperform with a $4 price target, saying the company offers investors “the most vertically integrated and diversified exposure to lithium and chemicals across our coverage.” The RBC…
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RBC on oil and OPEC+, ‘data dependent’
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Regarding the OPC+ meeting and announcement, previous information: Goldman Sachs says the outcome of the OPEC+ meeting is bearish for oil More from OPEC+: Saudi Energy Minister says waiting for interest rates to fall HSBC kept its Brent crude price assumptions steady after the OPEC+ meeting In brief, OPEC’s announcement…
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Canadian consumer spending strengthened broadly in April – RBC
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Red blood cells Outside From our monthly Canadian consumer spending tracker, the picture looks positive, with spending increasing in almost all categories. Retail sales, excluding automobiles, saw significant growth during the month, driven largely by higher purchases related to homes, sporting goods and apparel. These trends point to a broader…