a sibilant intake of breath (Free subscription) | 07/18/2008
This is of very limited relevance to anyone who doesn’t have a Bank of Montreal Mastercard, so I will put it below a cut. As holders of this credit card know, it includes two possible cash back options: a no fee 0.5% cash back choice and a 1.0% option with a $49 annual fee. Some [...]
mac.ro (Free subscription) | 07/07/2008
Investors should expect higher earnings per share (EPS) from Apple than previously predicted for FY09, says an analyst with BMO (Bank of Montreal) Capital. Keith Bachman writes that although he had previously predicted an EPS of $6.21, he now thinks it will reach approximately $6.31, with an ultimate price target of $205. This is based not just...
The Apple News (Free subscription) | 07/07/2008
Investors should expect higher earnings per share (EPS) from Apple than previously predicted for FY09, says an analyst with BMO (Bank of Montreal) Capital. Keith Bachman writes that although he had previously predicted an EPS of $6.21, he now thinks it will reach approximately $6.31, with an ultimate price target of $205. This is based not just...
Seeking Alpha (Free subscription) | 06/19/2008
Michael Shedlock submits: Last Friday, Fifth Third Bank (FITB) was walloped on Downgrades by Bank of Montreal . The cost of uncollectible debt "will come in higher than management's forecast, and more aggressive reserve-building will be needed," analyst Peter Winter wrote in a note to investors. The company may cut its dividend by "at least" half and "possibly will need a capital infusion," he said....
Market Wire - Investment Opinion (Free subscription) | 06/17/2008
LONDON (MARKET WIRE) MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for CANADIAN IMPERIAL BANK OF COMMERCE (TSX: CM), TEMBEC INC (TSX:...
Banking Business Review (Free subscription) | 06/17/2008
BMO Bank of Montreal has opened its new branch in the Church and Wellesley Village. To better serve the community, the bank said that the branch offers extended hours and is open seven days a week.
atHome Top Story (Free subscription) | 06/13/2008
Bank of Montreal and Scotiabank hiked their residential mortgage rates yesterday, joining Royal Bank, TD Canada Trust and CIBC in increasing the cost of borrowing to buy a home.
atHome Top Story (Free subscription) | 06/12/2008
Bank of Montreal is hiking its residential mortgage rates by up to 85 basis points, joining Royal Bank, TD Canada Trust and CIBC in increasing the cost of borrowing to buy a home.
Quillblog (Free subscription) | 06/12/2008
Just in case there was any danger of consumer unrest over book pricing starting to ease, the Bank of Montreal has released a new report pointing out that many consumer products – including books – are still priced higher in Canada than in the U.S. The Toronto Star talks to economist Douglas Porter, the [...]
atHome Top Story (Free subscription) | 06/11/2008
Canadian shoppers are still not benefiting significantly from the appreciation of the loonie, according to the Bank of Montreal.
Seeking Alpha (Free subscription) | 05/29/2008
FP Trading Desk submits: Canada’s bank analysts are broadly singing from the same song sheet when it comes to Bank of Montreal (BMO) and Bank of Nova Scotia (BNS) which both reported second quarter earnings Tuesday. The two banks both saw profits decline from last year — BMO’s earnings dipped from C$671-million to C$642-million, whereas Scotiabank's profits fell from C$1-billion to C$980-million —...
PR News Wire (Free subscription) | 05/28/2008
New Structure Benefits both Alliance Data and BMO DALLAS, May 28 /PRNewswire-FirstCall/ -- Alliance Data Systems Corporation (NYSE: ), a leading provider of loyalty and marketing solutions derived from transaction-rich data, today announced that its Canadian loyalty business, the AIR MILES(R) Reward Program, secured a comprehensive long-term renewal and expansion agreement with the Bank of Montreal...
Seeking Alpha (Free subscription) | 05/28/2008
FP Trading Desk submits: While the Bank of Montreal's (BMO) first quarter earnings of C$1.25 per share were well ahead of consensus expectations of C$1.18 and C$1.10 at Dundee Securities, the bank did not meet consensus on a core basis. Analyst John Aiken noted that while a one-time recovery in its capital markets division added C$0.06 per share and BMO’s tax rate was unusually low at 16.3%, core...
atHome Top Story (Free subscription) | 05/28/2008
Bank of Montreal Bank profits dropped to $642 million in the second quarter as the bank booked $151 million in provisions for credit losses, but gave a mildly optimistic outlook on the state of credit markets.
New York Times (Free subscription) | 05/28/2008
The Bank of Nova Scotia and the Bank of Montreal both reported lower second-quarter profit and warned that they were increasing provisions for credit losses.
