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Scotiabank out with Q1 earnings, hits 52-week high

Bank of Nova Scotia (T.BNS) hit a new 52-week high of $50.37; Scotiabank recorded first quarter net income of $988 million, up $146 million or 17% from the same period last year. Revenues were up a strong 16%, notwithstanding a negative foreign currency impact of $289 million.

Diluted earnings per share were $0.91 compared to $0.80 in the same period a year earlier. Return on equity was 17.4% compared to 16.2% last year.

Resverlogix Corp. (T.RVX) hit a new 52-week high of $7.50; no news announcements today

Bioniche Life Sciences Inc. (T.BNC) hit a new 52-week high of $1.24; no news announcements today

DiagnoCure Inc. (T.CUR) hit a new 52-week high of $1.48; no news announcements today

Midway Energy Ltd. (T.MEL) hit a new 52-week high of $3.68; no news announcements today

Canadian Utilities Limited (T.CU) hit a new 52-week high of $46.97; no news announcements today

WestJet Airlines Ltd. (T.WJA) hit a new 52-week high of $14.21; no news announcements today

MKS Inc. (T.MKX) hit a new 52-week high of $11.39; no news announcements today

MDC Partners Inc. (T.MDZ.A) hit a new 52-week high of $10.72; no news announcements today

Tim Hortons Inc. (T.THI) hit a new 52-week high of $33.41; no news announcements today