News Snapshot:
A survey of North American equities heading in both directions On the rise Royal Bank of Canada (RY-T) was higher after it reported first-quarter profit that beat analysts’ estimates even as the lender set aside more loan loss reserves and recorded higher expenses. RBC earned $3.6-billion, or $2.50 per share, in the three months that ended Jan. 31. That compared with $3.2-billion, or $2.29 per share, in the same quarter last year. Adjusted to exclude certain items, including transaction and integration costs related to its proposed takeover of HSBC Bank Canada, the bank said it earned $2.85 per share, down...