• Why the Royal Bank of Canada CEO Doesn't See a Recession Looming

    9 days ago - By Fortune

    Stock markets may have hit a snag, but don't worry about a recession quite yet, says the CEO of Canada's largest bank by market capitalization.
    “I can't see it,” said David McKay, CEO of the Royal Bank of Canada in a recent interview ahead of his appearance at Fortune 's Global Forum in Toronto Monday. In fact, he added, talk of financial doom and gloom could contribute to a selloff and subsequent downturn. “I worry we'll talk ourselves into a recession. I try not to put a date out there because you might create a problem for yourself.”
    His comments come at a time when U.S. stock markets...
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  • Even if the bull market is heading toward a correction, it's likely to keep on charging

    9 days ago - By Washington Post

    Heritage Capital chief Paul Schatz still sees the 30-stock composite Dow hitting 30,000 by the Fourth of July.
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  • Anaplan hits the ground running with strong stock market debut up over 42 percent

    Anaplan hits the ground running with strong stock market debut up over 42 percent

    9 days ago - By Tech Crunch

    You might think that Anaplan CEO, Frank Calderoni would have had a few sleepless nights this week. His company picked a bad week to go public as market instability rocked tech stocks. Still he wasn't worried, and today the company had by any measure a successful debut with the stock soaring up over 42 percent. As of 4 pm ET, it hit $24.18, up from the IPO price of $17. Not a bad way to launch your company.
    Stock Chart: Yahoo Finance
    “I feel good because it really shows the quality of the company, the business model that we have and how we've been able to build a growing successful...
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