Stock's performance is nothing to brag about: Shakeup aimed at reversing poor return

Article Abstract:

The shares of Royal Bank of Canada (RBC) have decreased over the years, with reasons cited being low profits, declining return on equity and problems with its U.S. operations. RBC's chief executive officer, Gordon Nixon, is hoping to reverse the performance of the bank and its stock, through a massive change in management and overhaul of its organizational structure.

Commercial Banks, Strategy & planning, Organizational history, Securities issued, listed, Banking industry, Planning, Securities, Company restructuring/company reorganization, Reorganization and restructuring, Royal Bank of Canada, Company securities, Company business planning, Company organization, Nixon, Gordon

---

Retailers stock up, trim power

Article Abstract:

The Great Atlantic and Pacific Company of Canada Ltd. and other Ontario retail firms were forced to conserve energy during the recent power failure. Retailers struggled to keep their shelves stocked and were forced to dump some perishables.

Retail Trade, Retail industry, Great Atlantic and Pacific Company of Canada

---

Companies agree to reduce consumption

Article Abstract:

The massive North American power failure has led many industrial companies to reduce their energy usage during the crisis. The Association of Major Power Consumers of Ontario urged its member companies to scale back their energy usage.

North America, Industry, Industries, Association of Major Power Consumers of Ontario

Similar abstracts:

• Abstracts: Strike forces Falconbridge to shut mines. CVRD front runner in Noranda bid. Noranda accused of eyeing smelter closing
• Abstracts: Eaton's to scale back discount sales. Retailers' bane proves boon to returns experts
• Abstracts: Jean Coutu goes where others fear to tread - the United States. Jean Coutu snaps up two Ontario Pharmasaves
• Abstracts: Sale of LePage to US broker continues consolidation wave. Trizec posts second consecutive profit
• Abstracts: Big business powers down. CRTC, TV industry to face off over content. Panel calls for 'fundamental' change to telecom regulation

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.