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Following Seagen Inc''s (NASDAQ: SGEN ) 1Q22 earnings release, RBC Capital Markets is encouraged by the quarterly sales of the product portfolio in light of previously set cautious guidance. The analysts have raised the price target to $136 from $132, with the Sector Perform rating unchanged. Though the reiteration of the FY guide confirms performance remains on a plan over a year of execution and ramping readouts. Seagen reported

Yesterday''s data: Australia inflation data – Q1 2022 CPI. Trimmed mean +1.4% q/q (expected 1.2%) Early responses: Australian inflation 20 year high - analysts piling in on a rate hike forecast on May 3 ANZ is now calling for the RBA to hike rates by 15 bps to 0.25% next week. RBA rate move for next week is all but priced in now As of this morning, the list of analsyts looking for a rate hike next week (the RBA meeting is May 3) has grown: AMP, UBS, JPMorgan, RBC Capital Markets, Barclays, Deutsche Bank, NAB, ANZ (there may be more) Those not tipping May, but a June hike instead (the meeting is June 7), cite RBA comments only this month (earlier in April) when Bank officials said they''d want to see not only Q1 inflation data, but also wages data, due on May 18, and average earnings due on June 1. Along these lines, one of the better takes I had seen in the wake of the CPI data arguing for a June hike was that waiting a month (i.e. hike in June, not May) is not a long delay in macroeconomics terms.

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / WINNIPEG, MB , April 26, 2022 /CNW/ - Artis Real Estate Investment Trust (" Artis " or the " REIT ") (TSX: AX ) announced today that it has agreed to issue $200 million aggregate principal amount of Series E senior unsecured debentures (the " Debentures "). The Debentures will bear interest at a rate of 5.60% per annum and will mature on April 29, 2025 . The Debentures are being offered on a best efforts agency basis by a syndicate of agents led by BMO Capital Markets, CIBC Capital Markets and Scotiabank and including Desjardins Securities, National Bank Financial, RBC Capital Markets and TD Securities. The offering is expected to close on or about April 29, 2022 , subject to satisfaction of customary closing conditions. DBRS Limited has assigned a provisional rating of "BBB (low) (stable)" to the Debentures. It is a condition to the closing of the offering that DBRS Limited assign a final rating to the Debentures of "BBB (low) (stable)". …

McKenna joins Barclays after 22 years with RBC Capital Markets

Royal Bank of Canada hired Bank of America Corp.’s Rajat Bhatia as a managing director in the health-care investment-banking group, according to people with knowledge of the matter.

Royal Bank of Canada’s capital-markets division is bulking up its consumer and retail investment-banking franchise with three bankers from Citigroup Inc., including hiring Douglas Trauber as the new global head of the business.

(Bloomberg) — Royal Bank of Canada’s capital-markets division promoted Carrie Cook to co-head of its Canadian investment-banking business as part of a shuffle in its leadership ranks that’s also included bringing in three new bankers from Citigroup Inc. RBC announced internally Tuesday that it hired Douglas Trauber from Citigroup as its new global head of […]

(Bloomberg) — Royal Bank of Canada’s capital-markets division is bulking up its consumer and retail investment-banking franchise with three bankers from Citigroup Inc., including hiring Douglas Trauber as the new global head of the business. Also joining RBC from Citi are Hugh Paisley and Jason Neumann, according to an internal memo seen by Bloomberg News. […]

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATES BROOKFIELD, News, April 05, 2022 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (TSX: BEP , NYSE: BEP ) ("Brookfield Renewable") today announced that as a result of strong investor demand for its previously announced offering, the underwriters have exercised their option to increase the size of the offering to 6,000,000 5.50% Cumulative Perpetual Class A Preferred Limited Partnership Units, Series 18 (the "Series 18 Preferred Units") to be offered on a bought deal basis to a syndicate of underwriters led by CIBC Capital Markets, BMO Capital Markets, National Bank Financial Inc., RBC Capital Markets, Scotiabank and TD Securities Inc. The Series 18 Preferred Units will be issued at a price of C$25.00 per unit, for gross proceeds of C$150,000,000. The Series 18 Preferred Units will be offered in all provinces and territories of Canada by way of a prospectus supplement to Brookfield Renewable''s existing Canadian short form base shelf prospectus dated August 20, 2021.

(Bloomberg) — Wells Fargo & Co. hired John LaVoie, a banker who covers private equity firms, from Royal Bank of Canada. LaVoie, who’s based in San Francisco, will join Wells Fargo this summer after a period of garden leave. He’ll report to Gary Wolfe, Wells Fargo’s head of strategic-investment firms. “John’s hiring reflects our commitment […]

It''s expected that the big six Canadian Banks Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia (Scotiabank), Bank of Montreal, Canadian Imperial Bank of Commerce, and National Bank

Royal Bank Of Canada (RY) shares closed today at just slightly below its 52 week high of $117.34, giving the company a market cap of $167B. The stock is currently up 10.5% year-to-date, up 42.2% over the past 12 months, and up 98.0% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 0.7%. Trading Activity Trading volume this week was 23.9% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.7. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.The stock closed at 1.8% higher than its 5-day moving average, 8.6% higher than its 20-day moving average, and 12.6% higher than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 154.5% The company's stock price performance over the past 12 months beats the peer average by 80.4% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 71.8% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

CALGARY, AB , Jan. 11, 2022 /CNW/ - AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA ) today announced that it has closed its previously announced offering of $300 million of 5.25% Fixed-to-Fixed Rate Subordinated Notes, Series 1 due January 11, 2082 (the " Offering "). The Company intends to use the net proceeds of the offering to redeem or repurchase its outstanding cumulative redeemable five-year rate reset preferred shares, series K (TSX: ALA ). As a result of the Offering, based on current rates, AltaGas expects to save approximately $66 million in the initial ten-year term of the Offering due to lower taxes and financing charges. The Offering also continues to stagger, extend and de-risk AltaGas'' capital structure. The subordinated notes are being offered through a syndicate of underwriters, co-led by CIBC Capital Markets, BMO Capital Markets and RBC Capital Markets, under AltaGas'' short form base shelf prospectus dated February 22, 2021 , as supplemented by a prospectus supplement dated January 5, 2022 .

Royal Bank Of Canada (RY) shares closed today at 0.2% below its 52 week high of $112.66, giving the company a market cap of $160B. The stock is currently up 6.0% year-to-date, up 37.2% over the past 12 months, and up 94.2% over the past five years. This week, the Dow Jones Industrial Average fell 1.3%, and the S&P 500 fell 2.6%. Trading Activity Trading volume this week was 3.4% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.7. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 132.5% The company's stock price performance over the past 12 months beats the peer average by 64.2% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 67.9% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.