Edition:
India

CI Financial Corp (CIX.TO)

CIX.TO on Toronto Stock Exchange

19.09CAD
18 Oct 2019
Change (% chg)

$0.18 (+0.95%)
Prev Close
$18.91
Open
$18.83
Day's High
$19.24
Day's Low
$18.83
Volume
437,451
Avg. Vol
510,218
52-wk High
$21.97
52-wk Low
$16.47

Latest Key Developments (Source: Significant Developments)

Ci Financial Reports Second Quarter 2019 Results
Thursday, 8 Aug 2019 

Aug 8 (Reuters) - CI Financial Corp ::CI FINANCIAL REPORTS SECOND QUARTER 2019 RESULTS.Q2 ADJUSTED EARNINGS PER SHARE C$0.58.Q2 EARNINGS PER SHARE ESTIMATE C$0.59 -- REFINITIV IBES DATA.Q2 EARNINGS PER SHARE C$0.47.QTRLY TOTAL REVENUE $530.3 MILLION VERSUS $564.6 MILLION.Q2 REVENUE VIEW C$531.2 MILLION -- REFINITIV IBES DATA.AVERAGE ASSETS UNDER MANAGEMENT $131.1 BILLION FOR QUARTER ENDED JUNE 30, 2019, DOWN 6%.SAYS ANNOUNCES APPOINTMENT OF KURT MACALPINE AS CEO STARTING IN SEPTEMBER.  Full Article

CI Financial Renews Normal Course Issuer Bid And Automatic Securities Purchase Plan
Friday, 14 Jun 2019 

June 14 (Reuters) - CI Financial Corp ::CI FINANCIAL RENEWS NORMAL COURSE ISSUER BID AND AUTOMATIC SECURITIES PURCHASE PLAN.CI FINANCIAL CORP SAYS INTENDS TO PURCHASE UP TO 21.7 MILLION OF ITS COMMON SHARES BY WAY OF A NORMAL COURSE ISSUER BID.  Full Article

Ci Financial Reports Q1 Results
Thursday, 9 May 2019 

May 9 (Reuters) - Ci Financial Corp ::CI FINANCIAL REPORTS FIRST QUARTER 2019 RESULTS.Q1 EARNINGS PER SHARE C$0.58.Q1 EARNINGS PER SHARE ESTIMATE C$0.56 -- REFINITIV IBES DATA.AVERAGE ASSETS UNDER MANAGEMENT WERE $128.9 BILLION FOR QUARTER ENDED MARCH 31, 2019.QTRLY TOTAL REVENUES $526.8 MILLION VERSUS $573.5 MILLION.Q1 EARNINGS PER SHARE VIEW C$0.56, REVENUE VIEW C$509.6 MILLION -- REFINITIV IBES DATA.  Full Article

Peter Anderson Announces Plan To Step Down As CEO Of Ci Financial By Mid-2020
Tuesday, 16 Apr 2019 

April 16 (Reuters) - CI Financial Corp ::PETER ANDERSON ANNOUNCES PLAN TO STEP DOWN AS CEO OF CI FINANCIAL BY MID-2020.CI FINANCIAL CORP - ANDERSON HAS TOLD BOARD THAT IT IS HIS INTENTION TO RETIRE NO LATER THAN END OF HIS CONTRACT.CI FINANCIAL CORP - INTENDS TO DO A COMPLETE REVIEW OF EXECUTIVE MANAGEMENT; HAS ASKED PETER ANDERSON TO PARTICIPATE WITH BOARD IN THIS EVALUATION.  Full Article

CI Financial Reports Fourth Quarter And 2018 Results
Friday, 8 Feb 2019 

Feb 8 (Reuters) - CI Financial Corp ::CI FINANCIAL REPORTS FOURTH QUARTER AND ANNUAL RESULTS FOR 2018.Q4 EARNINGS PER SHARE C$0.57.Q4 EARNINGS PER SHARE ESTIMATE C$0.57 -- REFINITIV IBES DATA.AVERAGE ASSETS UNDER MANAGEMENT WERE $129.3 BILLION FOR QUARTER ENDED DECEMBER 31, 2018, DOWN 9% FROM QUARTER ENDED DECEMBER 31, 2017.  Full Article

CI Financial Reports Assets Under Management Decreased By 4.4 Pct In December And By 12.9 Pct Year Over Year
Thursday, 3 Jan 2019 

Jan 3 (Reuters) - CI Financial Corp ::CI FINANCIAL REPORTS ASSETS UNDER MANAGEMENT FOR DECEMBER 2018.CI FINANCIAL CORP - REPORTED PRELIMINARY ASSETS UNDER MANAGEMENT AT DECEMBER 31, 2018 OF $124.6 BILLION AND TOTAL ASSETS OF $166.1 BILLION..CI FINANCIAL CORP - ASSETS UNDER MANAGEMENT DECREASED BY 4.4% IN MONTH OF DECEMBER AND BY 12.9% YEAR OVER YEAR.CI FINANCIAL CORP - CI'S AVERAGE ASSETS UNDER MANAGEMENT FOR Q4 WERE $129.3 BILLION, VERSUS $138.3 BILLION FOR Q3 OF 2018..  Full Article

CI Financial Announces Retirement Of President Sheila Murray
Tuesday, 11 Dec 2018 

Dec 10 (Reuters) - CI Financial Corp ::CI FINANCIAL ANNOUNCES RETIREMENT OF PRESIDENT SHEILA MURRAY.CI FINANCIAL CORP - PETER ANDERSON WILL BE APPOINTED PRESIDENT OF CI EFFECTIVE UPON MURRAY'S DEPARTURE.CI FINANCIAL CORP - SHEILA MURRAY WILL REMAIN A MEMBER OF BOARD OF DIRECTORS OF CI FOLLOWING HER RETIREMENT.  Full Article

Ci Financial Corp. Announces New Debenture Financing
Thursday, 19 Jul 2018 

July 18 (Reuters) - CI Financial Corp ::ANNOUNCES NEW DEBENTURE FINANCING.ENTERED INTO AN AGREEMENT TO SELL DEBT SECURITIES WITH AN AGGREGATE PRINCIPAL AMOUNT OF $325 MILLION.DEBT SECURITIES HAVE A TERM OF 5 YEARS AND CARRY AN INTEREST RATE OF 3.520% PAYABLE SEMI-ANNUALLY.  Full Article

CI Financial Reports Q4 Earnings Per Share Of C$0.47
Thursday, 15 Feb 2018 

Feb 15 (Reuters) - CI Financial Corp ::CI FINANCIAL REPORTS FOURTH QUARTER AND ANNUAL RESULTS.Q4 EARNINGS PER SHARE C$0.59 EXCLUDING ITEMS.Q4 EARNINGS PER SHARE C$0.47.‍AT DECEMBER 31, 2017, CI'S ASSETS UNDER MANAGEMENT WERE $143.0 BILLION, UP $25.1 BILLION OR 21% FROM $117.9 BILLION AT DECEMBER 31, 2016​.Q4 EARNINGS PER SHARE VIEW C$0.58 -- THOMSON REUTERS I/B/E/S.‍AVERAGE ASSETS UNDER MANAGEMENT REACHED $126.3 BILLION FOR 2017, AN INCREASE OF 14% FROM 2016​.‍Q4 AVERAGE ASSETS WERE UP 24% YEAR OVER YEAR PRIMARILY DUE TO STRONG MARKET PERFORMANCE AND DEAL OF SENTRY INVESTMENTS.  Full Article

Australia's GSFM buys 49% stake in boutique fund manager from NAB unit

Australian wealth manager GSFM on Friday said it had bought a 49% stake in boutique fund manager Redpoint Investment Management from National Australia Bank-owned MLC Asset Management, for an undisclosed amount.