Brokerages post record profits

Article Abstract:

During 2000, securities firms in Canada had operating profits of $2.6 bil, up 83%. Final profit was $1.2 bil. The slowing economy will likely depress record figures in 2001. Retail trading is being hindered by the economy and depressed stock markets. In Q1 2001, principal equity trading has been devastated, after doubling revenue in 2000, and discount broker trading volume is down sharply. Equity underwriting is expected to stay weak for much of 2001.

Securities Dealers, Investment Banking and Securities Dealing, Forecasts, trends, outlooks, Statistical Data Included, Forecasts and trends

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Brokerage industry on a record run

Article Abstract:

The brokerage sector in Canada posted C$2.8 billion in operating profits for the nine-month period of 2000. This was more than double from C$1.3 billion that the industry posted in the same period in 1999.

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Disney survives Pearl Harbor

Article Abstract:

Canadian fund mangers are not upset by the effects of 'Pearl Harbor's low earnings on Walt Disney Co. stocks.

United States, Diversified Companies, Stock Brokerage, Conglomerate corporations, Walt Disney Co., DIS, Pearl Harbor (Motion picture)

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