IGM Financial Inc. is one of Canada's premier personal financial services companies, and one of the country's largest managers and distributors of mutual funds and other managed asset products, over $115 billion in total assets under management.
03/08/12IGM Financial Q2 profit down as stock market jitters affect investors
04/05/12IGM Financial Q1 profit, revenues decline
05/08/10IGM Financial`s Assets Under Management Hits $115.7 billion
Recent Sector News
Royal Bank of Canada (TSE:RY), Canada's largest bank by assets and market capitalization, hiked its quarterly dividend after reporting a bigger-than-expected rise in quarterly profit, on the back of robust results from its wealth management and capital markets divisions.
Sprott Resource Corp. (TSE:SCP) is banking on a recovery in the metallurgical coal sector, investing some US$33.4 million for a 19.9 percent stake in Corsa Coal (CVE:CSO), a producer of metallurgical coal with operations in Pennsylvania and Tennessee.
Citigroup Inc. (NYSE:C), the third-largest U.S. bank by assets, climbed in pre-market trading after saying it would pay $7 billion to settle claims regarding sales of mortgages before the financial crisis, and beating consensus forecasts for second-quarter earnings. Shares advanced 4.1 percent to $48.91 at 8:51 a.m. in New York. The stock had lost approximately 10 percent since the beginning of the year before today.
Banking behemoth Barclays (NYSE:BCS) (LON:BARC) has once again been accused of behaving badly - as a New York lawsuit has been filed against it.
GreenBank Capital (CSE:GBC) has agreed to buy all the rights, title and interest to the GreenCoin cryptocurrency software, which the company says will aim to resolve the trust-based concerns with other virtual currencies.
Shares of Newnote Financial Corp. (CSE:NEU) jumped over 23% Wednesday after unveiling an online marketing and awareness program through Agoracom, which it says will provide the Vancouver-based software and service company with significant exposure through millions of content brand insertions on the network over the next 12 months.
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