Pessimism reigns as economic gloom weighs on TSX

All six of the country's biggest banks beat earnings estimates this week, but only Bank of Nova Scotia shares made gains by mid-morning, up 0.9 percent at C$65.15, as the No. 3 lender outlined a share buyback plan. Toronto-Dominion Bank shed 1.8 percent to C$54.38, Royal Bank of Canada lost 1.1 percent to C$79.14 and Bank of Montreal dropped 1.4 percent to C$76.06. "They tried to put a mask on by increasing dividends and putting out pretty decent numbers, but when you look at the under