Today: 9 June 2026
Browse Category

TSX:EQB 2 December 2025 - 5 December 2025

EQ Bank to Buy PC Financial from Loblaw in $800 Million Deal – What It Means for EQB, Loblaw and PC Optimum Members

EQ Bank to Buy PC Financial from Loblaw in $800 Million Deal – What It Means for EQB, Loblaw and PC Optimum Members

EQB Inc. will acquire PC Financial from Loblaw Companies for about $800 million, making EQB the exclusive financial partner of the PC Optimum loyalty program. Loblaw will receive roughly 7.2 million EQB shares and cash, gaining an estimated 16–17% stake in EQB. Loblaw expects to extract $500 million in capital from PC Bank before closing. The deal is set to close in 2026, pending regulatory approval.
5 December 2025
··
EQB Inc. (TSX: EQB) Soars on PC Financial Deal as 2025 Earnings Disappoint – Full Stock Analysis for December 4, 2025

EQB Inc. (TSX: EQB) Soars on PC Financial Deal as 2025 Earnings Disappoint – Full Stock Analysis for December 4, 2025

EQB Inc. shares jumped 12.5% to C$97.71 after announcing a deal to acquire PC Financial from Loblaw, its biggest intraday gain in over a year. The transaction includes President’s Choice Bank, insurance units, and the PC Mastercard portfolio, adding $5.8 billion in assets and nearly a million new customers. EQB will also become the exclusive financial partner for the PC Optimum loyalty program.
4 December 2025
··
EQ Bank 2025: PC Financial Acquisition, New Business Banking Platform, and What It All Means for Canadians

EQ Bank 2025: PC Financial Acquisition, New Business Banking Platform, and What It All Means for Canadians

EQ Bank announced a deal to acquire PC Financial from Loblaw for about $800 million in cash and shares, giving Loblaw at least a 17% stake in EQB. The bank reported a 19% drop in adjusted EPS and net income for 2025, citing higher credit loss provisions and a $92 million restructuring charge. EQ Bank deposits rose to $9.9 billion, up 10% year over year. The stock trades below analyst targets, with most rating it “Hold.”
4 December 2025
···
EQB to Acquire PC Financial from Loblaw in $800 Million Deal, Creating a New Loyalty-Linked Banking Powerhouse

EQB to Acquire PC Financial from Loblaw in $800 Million Deal, Creating a New Loyalty-Linked Banking Powerhouse

EQB Inc. announced a C$800 million deal to acquire PC Financial from Loblaw Companies, aiming to close in 2026 pending regulatory approval. Loblaw will receive C$500 million in extracted capital and become a major EQB shareholder. The agreement makes EQB the exclusive financial-services partner for the PC Optimum loyalty program for 12 years. EQB will pay with a mix of shares and cash.
4 December 2025
··
Canadian Bank Stocks 2025–2026 Outlook: Can TD, RBC, Scotiabank and EQB Keep Beating the TSX?

Canadian Bank Stocks 2025–2026 Outlook: Can TD, RBC, Scotiabank and EQB Keep Beating the TSX?

Scotiabank reported stronger-than-expected profits on December 2, 2025, starting Canadian bank earnings week. The Big Six banks have surged about 32% in 2025, outpacing the TSX, but now trade at valuations 23% above their 10-year average. A new ETF tracking the group launched on the TSX. Analysts remain divided on whether the sector is now fully valued.
2 December 2025
····

Stock Market Today

  • Tech Stocks Rally and Broadcom Ends Losing Streak Ahead of Inflation Data
    June 8, 2026, 6:39 PM EDT. U.S. tech stocks gained ground on Monday as investors awaited key May inflation reports. Semiconductor giant Broadcom Corp. ended its recent losing streak, contributing to a modest market recovery. The upcoming inflation data is closely watched for potential impacts on Federal Reserve policy and market direction. Tech sector strength led the broader market's relief rally following recent declines.

Latest articles

T1 Energy Shares Dip After KORE Power Files New Update

T1 Energy Shares Dip After KORE Power Files New Update

9 June 2026
T1 Energy shares slid 3.2% to $9.13 after a new SEC filing revealed up to $24.7 million in stock-linked payments for its $32 million KORE Power acquisition, spotlighting dilution risks as the company expands into battery storage and data-center power; the deal’s structure and timing come as T1 seeks growth funding and investors weigh near-term costs against future EBITDA targets.
OpenAI IPO filing puts AI rally at center stage for Wall Street

OpenAI IPO filing puts AI rally at center stage for Wall Street

9 June 2026
OpenAI has confidentially filed for a possible IPO, but investors won’t see key financials—including revenue quality, cash burn, and compute costs—until the S-1 goes public; with $2 billion monthly revenue and a recent $852 billion valuation, the filing signals a pivotal shift as AI giants race for public capital amid rising infrastructure costs and growing competition from Anthropic.
Wall Street Volatility Index Jumps as Chip Stocks Swing

Wall Street Volatility Index Jumps as Chip Stocks Swing

9 June 2026
The VIX plunged 12% to 18.92 as chip stocks rebounded sharply, with the Philadelphia Semiconductor Index jumping 5.6% and Intel soaring 11.2% after a major Google order, clawing back part of Friday’s $1.3 trillion rout; investors remain cautious ahead of key inflation data, interest rate decisions, and Middle East risks.
UBS Puts $850 Target on Cummins as AI Data Center Wave Fuels Shares

UBS Puts $850 Target on Cummins as AI Data Center Wave Fuels Shares

9 June 2026
UBS upgraded Cummins to Buy and hiked its price target to $850 from $565, citing surging data-center backup power demand and a stronger North American truck cycle; Cummins shares jumped 3.3% to $672.68 as UBS projected 2028 EPS of $41.25, topping consensus, and flagged double-digit Power business growth and raised long-term targets as key drivers.
Go toTop