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Scotiabank Says Q4 Results To Be Impacted By Charges Of About C$0.49/share
(RTTNews) - Canadian lender Bank of Nova Scotia (BNS.TO, BNS), called Scotiabank, announced Wednesday that its fourth quarter 2023 reported results will be adjusted for certain notable items. This is expected to the Bank's CET1 ratio by about 10 basis points.
The total impact on the Bank's fourth quarter results will be about C$590 million after-tax or C$783 million pre-tax, or about C$0.49 per share.
This includes after-tax restructuring charge and severance provisions of about C$247 million or C$341 million pre-tax and after-tax consolidation of real estate and contract costs of C$63 million or C$87 million pre-tax. It also includes after-tax impairment charges of C$280 million or C$355 million pre-tax.
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Scotiabank Q4 Profit Declines
Canadian lender Bank of Nova Scotia (BNS.TO, BNS), called Scotiabank, announced Wednesday that fourth-quarter net income attributable to common shareholders of the Bank declined to C$1.95 billion or C$1.63 per share from C$2.41 billion or C$1.97 per share in the prior-year quarter.
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1118 dni temu
Japan Shares Have Positive Lead For Monday
The Japanese stock market has finished higher in two of three trading days since the end of the two-day losing streak in which it had tumbled almost 1,500 points or 3.2 percent. The Nikkei 225 now sits just above the 49,500-point plateau and it may extend its gains on Monday.
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1g 14 minut temu
Additional Support Anticipated For South Korea Shares
The South Korea stock market has moved higher in two of three trading days since the end of the two-day slide in which it had given up almost 170 points or 4.1 percent. The KOSPI now sits just above the 4,020-point plateau and it may add to its winnings on Monday.
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1g 29 minut temu
Malaysia Inflation Data Due On Monday
Malaysia will on Monday release November numbers for consumer prices, highlighting a light day for Asia-Pacific economic activity. In October, inflation was down 0.1 percent on month and up 1.3 percent on year.
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1g 59 minut temu
Canadian Dollar Falls Against Most Majors
The Canadian dollar dropped against its most major counterparts in the New York session on Friday.
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1 dni temu
Swiss Market Ends Modestly Higher As Stocks Rise In The Final Hour
After some positive moments till about an hour after the opening bell Friday morning, and a subsequent long spell in negative territory, the Swiss market climbed higher in the final hour to close on a firm note.
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2 dni temu
European Markets Close Higher As Stocks Recover After Cautious Start
European stocks closed higher on Friday, and several markets in the region climbed to fresh highs, with investors reacting to the interest rate decisions by major central banks. Expectations of more monetary easing by the Federal Reserve contributed as well to the positive mood in the markets.
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2 dni temu
TSX Climbs To New Record High As Technology, Materials Stocks Rise
After opening on a firm note, Canadian stocks gained further ground in positive territory Friday morning with several counters in materials, technology and healthcare sectors attracting strong buying interest.
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2 dni temu
