| Q2 2007 Bank of Nova Scotia Earnings Conference Call - Final
LUC VANNESTE, CFO, BANK OF NOVA SCOTIA: I'm Luc Vanneste, CFO. Rick Waugh, our CEO will lead off with the highlights of our results. I will then follow with a review of the All Bank financials and each of the business line heads will review performance including an update on 2007 priorities. Brian Porter, our Chief Risk Officer will then discuss credit quality and market risk. And finally, Rick will provide some closing comments. We will then be glad to take your questions. We also have our two Vice Chairman and Steve McDonald, co-Head of Scotia Capital, are present to participate in the Q&A. Before we start, I would like to refer you to slide number two of our presentation which contains Scotia Bank's caution regarding forward-looking statements. Rick, over to you. RICK WAUGH, PRESIDENT, CEO, BANK OF NOVA SCOTIA: Well, thanks very much, Luc.
A Walkover or a Superfight: Zab Judah’s Last Chance Against Miguel ...
They say that Rome wasnt built in a day. Such as is the case with a professional prizefighter, regardless of his God-given talent. Years of baseline groundwork, toiling in gyms often in the shadows, largely unannounced, are at the core of any fighters career. Natural aptitude and extraordinary athleticism are indeed rare plusses, but its the years of hard work and dedication that determine the potential of any boxer. Miguel Cotto is a prime example of a natural talent that has put in his time. Born in Puerto Rico, Cotto spent years as a youngster learning his craft at the Bairoa Gym where ultimately over time he developed into a top amateur fighter. After experiencing success on the international level at various competitions, he represented his homeland at the 2000 Sydney Olympics as a light welterweight.
Economic Preview: Jobless Claims, Consumer Credit Due Thursday
6/6/2007 3:49:26 PM Thursday will see the release of two important economic reports. In the morning, data on weekly jobless claims will be released. Later in the day, the markets will see the release of a report on consumer credit in April.
Thursday morning will also see the release of weekly jobless claims data. This report measures the number of people filing for first-time unemployment insurance, with a lower number pointing to a firmer labor market. Economists expect claims to increase slightly for the week ended on June 2, after falling 4,000 in the previous week to reach a level of 310,000.
Later in the day, data on consumer credit for April will be release. The report can give insight to the state of consumer finances and possible future spending patterns.
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