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Royal Bank, Freddie Mac, Deere, zinc Vialoux
Posted on May 14, 2008
U.S. equity index futures are higher this morning following release of a better than expected April Consumer Price report. Dow Jones Industrial Average futures added 45 points. Consensus for CPI was an increase of 0.3%. Actual was up 0.2%. Consensus for core CPI was an increase of 0.2%. Actual was up 0.1%.Canada s banks have started to pre-release negative surprises prior to releasing fiscal second quarter earnings at the end of this month. Royal Bank announced a surprise $855 million provision that will be included in second quarter results for the period ended April 30th. Other Canadian ba...
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