Bank of Nova Scotia reported strong Q2 fiscal 2026 results, with adjusted earnings of $1.47 per share beating the $1.46 estimate and revenue of $7.17 billion surpassing expectations. Key segments showed growth: Canadian Banking earnings rose 53%, International Banking increased 3%, Global Wealth Management climbed 19%, and Global Banking and Markets grew 11%. The bank improved credit quality and raised its quarterly dividend by 4 cents to 1.14 CAD per share. CEO Scott Thomson confirmed the bank is on track to meet its 2026 financial goals and aims for a return on equity above 14% in 2027.
Scene+ has launched across over 1,400 Shell Canada stations nationwide, allowing its 15 million members to earn and redeem rewards on fuel, car washes, and in-store purchases. This expansion integrates fuel spending into Scene+'s growing rewards ecos...
This week, investors focus on key economic data including Core PCE inflation and GDP figures, which will influence Federal Reserve rate expectations and Treasury yields. Fed officials' speeches may further sway market views on monetary policy. Earnin...
