Author: sdaddario

Markets did not respond well to Citigroup’s (C) quarterly earnings report. The stock lost 5.1% after posting revenue growth and earnings beating estimates.Citi posted Q3 GAAP EPS of $1.51. Revenue grew by 0.9% Y/Y to $20.32 billion. Investors did not like Citi’s cost of credit growth. It increased by $2.7 billion in Q3, compared to $1.8 billion last year. Higher net credit losses and a rise in allowance for credit losses (“ACL”) worried markets.Citi trades at a modest premium compared to the sector. Its P/E is 11.5 times, compared to the sector median of 12.3 times. Value investors may…

The next payment for the Canada Child Benefit is set to land in bank accounts this Friday, according to the Canada Revenue Agency

You might want to skip homemade breakfast on Thursday morning.Instead, you could stop by Kelowna’s Ramada Hotel & Conference Centre for the Maxine DeHart United Way BC Drive-Thru Breakfast.In exchange for a donation, guests will receive a breakfast bag full of treats and goodies, coupons…

Kelowna-based ultra endurance athlete Nick Pelletier pushed his body to the limit this weekend in Moab, Utah, competing in a 240-mile desert run.From Oct. 11 to 16, ultra athletes from across the globe descended into the desert to traverse canyons, slick rock, and two mountain ranges.Pelleti…

Over the course of 25 years, Michael Watts has honed his deep commercial underwriting expertise and dedication to building broker relationships. Watts started his career in 1999 as a Personal Lines Customer Service Agent, then moved into commercial lines where…The post Paid 2024 Underwriters of the Year | Michael Watts, Senior Commercial Lines Underwriter, Intact Insurance appeared first on Canadian Underwriter.

Bilingual Quebec municipalities have lost their bid to have several parts of the government’s French-language reform suspended while their case makes its way through the courts.

Drugs, cash, stolen vehicles and guns were seized in raids on two locations last weekend.

The District of Lake Country is looking to formalize bylaws around the keeping of backyard chickens in urban areas.While bylaws currently prohibit the keeping of poultry within an urban residential zone, those regulations have not been enforced on urban lots where chickens were kept in 2019….

The Goods from Fanny Bay Oyster Bar & Shellfish Market Vancouver, BC | MICHELIN Guide-recommended Fanny Bay Oyster Bar & Shellfish Market is introducing new Executive Chef Alex Guido and a seasonally inspired food and cocktail menu starting Thursday, October 17th at the downtown seafood hotspot (762 Cambie Street). Guido joins the back-of-house family just […]

A motel in North Battleford went up in flames on Monday night.