Latest News
Eighth Circuit Court of Appeals Overturns Petters Judgement, in BMO's Favour
/CNW/ - BMO Financial Group (TSX: BMO) (NYSE: BMO) announced today that the United States Court of Appeals for the Eighth Circuit reversed a prior jury verdict...
Bank of Montreal (BMO:CA) On September 6, 2024, CIBC World Markets (Analyst Rank#14) issued a research report and raised the 12 month target price for Bank of Montreal (BMO) to CAD $120 from $116, with a Neutral rating. This adjustment reflects a positive outlook on the bank’s stock performance. However,...
PREMIUM INCOME CORPORATION ANNOUNCES AUTOMATIC TERM EXTENSION
/CNW/ - (TSX: PIC.A) (TSX: PIC.PR.A) Premium Income Corporation (the "Fund") is pleased to announce that the term of the Fund will be extended automatically...
BMO Decreases CDN$ Prime Lending Rate to 6.45 Per Cent
/CNW/ - BMO Bank of Montreal today announced that it is decreasing its CDN$ prime lending rate from 6.70 per cent to 6.45 per cent, effective September 5, 2024....
Media Advisory - BMO CFO Tayfun Tuzun to Speak at the Barclays Global Financial Services Conference
/CNW/ - Tayfun Tuzun, Chief Financial Officer, BMO Financial Group (TSX: BMO) (NYSE: BMO), will participate in the Barclays Global Financial Services...
Media Advisory - BMO CEO Darryl White to Speak at the Scotiabank Financials Summit
/CNW/ - Darryl White, Chief Executive Officer, BMO Financial Group (TSX: BMO) (NYSE: BMO), will participate in the Scotiabank Financials Summit on September 4,...
The largest banks in Canada – RBC, CIBC, TD Bank, BMO, Scotiabank and National Bank – are releasing their third-quarter financial results
The bank’s adjusted profit rose to $960-million, or $2.68 per share, for the three months ended July 31, from $781-million, or $2.18 per share, a year earlier
Why Bank of Montreal Stock Tanked on Tuesday
Notably higher provisioning affected the bank's fundamentals.
Global Markets Canada: The Toronto Stock Exchange (TSX) experienced a decline, driven primarily by falling prices in crude oil and gold. The drop in these key commodities impacted the energy and mining sectors, which are significant components of the TSX. Investors also were reacting negatively to disappointing earnings reports from...
BMO Financial Group Declares Dividends
/CNW/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced at its Board of Directors declared a quarterly dividend of $1.55 per share on paid-up common...
Wall Street Analysts Love This 1 Warren Buffett Stock
This stock can protect your portfolio without sacrificing upside potential.
BMO to Redeem $1,000,000,000 Series J Medium-Term Notes (Non-Viability Contingent Capital (NVCC)) (Subordinated Indebtedness) First Tranche
/CNW/ - Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced that it intends to redeem all of its $1,000,000,000 Series J Medium-Term Notes (Non-Viability...
Bank of Montreal Stock Analysis Analyst Forecast and Target Price Desjardins Securities (Analyst Ranks#88) recently adjusted their target price for Bank of Montreal (BMO) stock, lowering it from CAD 129 to CAD 125. Despite this downward revision, Desjardins maintains a “Hold” rating, indicating that while the stock may face some...
Lundin Mining Announces Closing of $350 million Term Loan in Connection with the Caserones Option Exercise
/CNW/ - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") is pleased to announce the closing of an increase to...
High Liner Foods Completes Refinancing of Term Debt
/CNW/ - High Liner Foods Incorporated (TSX: HLF) ("High Liner Foods" or the "Company"), a leading North American value-added frozen seafood company, today...
BMO Decreases CDN$ Prime Lending Rate to 6.70 Per Cent
/CNW/ - BMO Bank of Montreal today announced that it is decreasing its CDN$ prime lending rate from 6.95 per cent to 6.70 per cent, effective July 25, 2024....
BMO to Redeem Non-Cumulative 5-Year Rate Reset Class B Preferred Shares, Series 29 (Non-Viability Contingent Capital (NVCC))
/CNW/ - Bank of Montreal (the "Bank") (TSX:BMO)(NYSE:BMO) today announced its intention to redeem all of its 16,000,000 outstanding Non-Cumulative 5-Year Rate...
goeasy Ltd. Announces Increase to Revolving Credit Facility
/CNW/ - goeasy Ltd. (TSX: GSY), ("goeasy" or the "Company"), one of Canada's leading consumer lenders focused on delivering a full suite of financial services...
Bank of Montreal Announces AT1 Limited Recourse Capital Notes Issue
/CNW/ - Bank of Montreal (TSX: BMO) (NYSE: BMO or the "Bank") today announced the pricing of USD 750 million of non-viability contingent capital ("NVCC")...
BMO Private Investment Counsel Inc. Announces Proposed Fund Merger
/CNW/ - BMO Private Investment Counsel Inc. ("BPIC"), the manager of BMO Private Canadian Corporate Bond Portfolio (the "Terminating Fund") and BMO Private...
Canada's Stock Market: Apathy Means Opportunity
We celebrate our neighbor to the north with a midyear check on the state of Canada's stock market.
LION ELECTRIC ANNOUNCES AMENDMENTS TO CERTAIN SENIOR CREDIT INSTRUMENTS AND THE ENTERING INTO OF NEW FINANCING
/CNW/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban...
Bank of Montreal Announces Subordinated Notes Issue
/CNW/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced a domestic public offering of $1.00 billion of subordinated notes (Non-Viability Contingent...
BMO Investments Inc. Announces Change of Director of BMO Monthly Dividend Fund Ltd. Prior to Annual General Meeting
/CNW/ - BMO Investments Inc. (the "Manager"), the manager of BMO Monthly Dividend Fund Ltd. (the "Corporation"), today announced a change to the directors as...