Capital Asset Advisory Services LLC Cuts Position in Automatic Data Processing, Inc. (NASDAQ:ADP)

Capital Asset Advisory Services LLC Cuts Position in Automatic Data Processing, Inc. (NASDAQ:ADP)

Capital Asset Advisory Services LLC lessened its position in shares of Automatic Data Processing, Inc. (NASDAQ:ADP – Free Report) by 3.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,970 shares of the business services provider’s stock after selling 68 shares…

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Bank of Montreal cuts exposure to ultra-long mortgages

Bank of Montreal cuts exposure to ultra-long mortgages

Article content Bank of Montreal is slowly whittling down a pile of ultra-long mortgages that it granted to Canadian customers to help them handle the rapid rise in interest rates. When borrowing costs shot up in 2022 and 2023, the Canadian bank allowed clients to extend the time they’ll take to pay off their loans,…

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Quebec gives Nova Bus M loan despite its job cuts

Quebec gives Nova Bus $19M loan despite its job cuts

Article content Quebec has offered financial support of more than $19 million to Nova Bus to “improve its productivity” and “ensure the sustainability of its operations” while the bus manufacturer prepares to reduce its workforce by 125 people here by January 2025. The government is granting a forgivable loan of $19.1 million to Nova Bus…

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