| Over a week ago | ||||
Scotiabank analyst Phil… Scotiabank analyst Phil Hardie raised the firm's price target on CI Financial to C$19 from C$17 and keeps a Sector Perform rating on the shares. | ||||
New option listings for… New option listings for January 23rd include .SIXE Index (.SIXE). Option delistings effective January 23rd include OASQW Stock (OASQW), Luby's, Inc. (LUB), CIXX Stock (CIXX), American Virtual Cloud Technologies Inc (AVCT), and China Petroleum & Chemical Corp (ADR) (SNPTY). | ||||
CI Financial reported… CI Financial reported preliminary total assets of $375.8 billion as at December 31, 2022, consisting of asset management assets of $117.8 billion, Canadian wealth management assets of $77.5 billion, and U.S. wealth management assets of $180.6 billion. CI also reported preliminary net sales results for its asset management businesses for the fourth quarter of 2022. CI's Canadian retail business had net sales of $1.6 billion during the quarter, and CI's overall net sales were $1.9 billion. In wealth management, CI's U.S. business generated net sales of $6.6 billion for the full year 2022, while Canadian wealth management had net sales of $3.8 billion. | ||||
| Over a month ago | ||||
CI Financial Corp.… CI Financial Corp. (CIXX), the parent of CI US Holdings Inc., confirms that CI US has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed initial public offering of common stock of CI US. "The number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is expected to take place after the SEC completes its review process, subject to market and other conditions. The company is making the announcement at this time to be responsive to numerous requests for an update on the status of the submission, the content of which remains confidential," the company stated. | ||||
TD Securities analyst… TD Securities analyst Graham Ryding raised the firm's price target on CI Financial to C$16 from C$15 and keeps a Hold rating on the shares. | ||||
| Over a quarter ago | ||||
Scotiabank analyst Phil… Scotiabank analyst Phil Hardie lowered the firm's price target on CI Financial to C$17 from C$18 and keeps a Sector Perform rating on the shares. | ||||
BMO Capital analyst Tom… BMO Capital analyst Tom MacKinnon lowered the firm's price target on CI Financial to C$19 from C$21 and keeps an Outperform rating on the shares. | ||||
CI Financial reported… CI Financial reported preliminary total assets of $345.9B as at August 31, consisting of asset management assets of $119B, Canadian wealth management assets of $76.6B, and U.S. wealth management assets of $150.4B. | ||||
CGI (GIB) and CI… CGI (GIB) and CI Financial (CIXX) have entered into a long-term strategic partnership under which CGI will transform CI's investment fund transfer agency operations into a platform with enhanced capabilities. CGI will assume responsibility for managing CI's proprietary transfer agency, or TA, platform, modernize it and deliver it to CI in a holistic software-as-a-service based platform. CGI will also manage CI's mutual fund unitholder record-keeping and client service operations, applying a blend of advanced technology and experienced operational expertise. As part of the partnership, CGI will welcome to its team new members from CI's IT, operations and client services groups, who will continue to support CI's business at CGI. | ||||
