Industry News

Dozen charged in Chicago-based pump-and-dump scheme

The Securities and Exchange Commission today charged a purported biofuel company in Chicago and a dozen individuals in a pump-and-dump scheme that generated $4.4 million in illicit profits.

By Staff |August 2, 2013

3 min read

Expect weaker Canadian growth in Q3: Russell

Expect a weaker Canadian economy amid continuing improvements in the U.S., Europe and Japan, says Russell Investments’ 3rd Quarter Strategists' Outlook and Barometer.

By Staff |August 2, 2013

2 min read

Sun Life completes sale of domestic U.S. annuity business

Sun Life Financial Inc. today announced that it has completed the sale of its domestic U.S. annuity business and certain life insurance businesses to Delaware Life Holdings, LLC, which was announced last December.

By Staff |August 2, 2013

1 min read

Equity funds off to solid start in Q3

Most equity mutual funds had a solid start in the third quarter of 2013 in Canada. Of the 22 Morningstar Canada Fund Indices that measure the performance of equity categories, 17 increased in July, according to preliminary performance numbers Morningstar released today.

By Staff |August 2, 2013

3 min read