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Laurentian raises dividend, reports second-quarter profit down from year ago

Laurentian raises dividend, reports second-quarter profit down from year ago

MONTREAL — Laurentian Bank Financial Group raised its quarterly dividend by penny as it reported a lower second-quarter profit compared with a year ago as took a hit from severance and other restructuring charges.
US economy grew at solid 3.1% rate in Q1

US economy grew at solid 3.1% rate in Q1

WASHINGTON — The U.S. economy grew at a solid 3.1% rate in the first three months of the year, but much of that gain was based on temporary factors that will likely fade, leaving growth much slower in the current quarter.
Couture Council to honour Louboutin and his red-soled shoes

Couture Council to honour Louboutin and his red-soled shoes

NEW YORK — From a tiny bottle of nail polish, a luxury fashion empire was born.
US pending home sales fell 1.5% in April

US pending home sales fell 1.5% in April

WASHINGTON — Fewer Americans signed contracts on homes in April compared with the prior month, potentially signalling that rising prices have outweighed recent declines in mortgage rates.
Are you on speaking terms with your old pensions? Ignoring them could cost you

Are you on speaking terms with your old pensions? Ignoring them could cost you

TORONTO — If you haven't thought about the pension funds you've racked up at previous jobs for a while, it might be a good idea to check in.
Negotiations continued through the night in effort to avoid B.C. port lockout

Negotiations continued through the night in effort to avoid B.C. port lockout

VANCOUVER — Talks continued through the night between British Columbia's longshore workers' union and the association representing port employers.
China dangles a potentially harmful new threat in trade war

China dangles a potentially harmful new threat in trade war

WASHINGTON — Facing new trade sanctions and a U.S. clampdown on its top telecommunications company, China issued a pointed reminder Wednesday that it has yet to unleash all its weapons in its trade war with the Trump administration.