Sunday, May 14, 2006
Banks Lose Out to Red Hot Commodities
Reuters, 14 May 2006In a market hooked on red-hot commodities, Canada's financial stocks are flat this year, and even predictions of positive earnings from the sector aren't pulling investors away from their thirst for oil and lust for gold."Insurance company earnings will probably be higher than the banks', if the banks are high single digits (earnings growth), the insurance companies might be
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