Friday, May 26, 2006

RBC Q2 2006 Earnings

The Globe and Mail, Sinclair Stewart, 27 May 2006Royal Bank of Canada is on pace to shatter the industry's record for annual profit, due in no small part to a reinvigorated capital markets division that produced what one analyst called "outrageous" trading revenue this quarter.RBC, the country's largest company, reported second-quarter profit yesterday of $1.1-billion or 85 cents a share, a 24-

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