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Trading Goddess Stock Blog! (Free subscription) | 10/27/2009
Now that the market has had a selloff, now might be the time to start looking for dividend buys. The stock trading technique called 'Buying Dividends' is becoming more and more popular. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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SeekingAlpha.com (Free subscription) | 10/18/2009
Hao Jin submits: 2008 financial crisis uncanny echoes with what happened in Japan more than a decade ago. In the 1990s, the Japanese banking systems had become overloaded with bad loans after a property bubble collapse, according to Gillian Tett, author of Fool’s Gold . The investor psychology seemed dangerously similar too. If this is the case, investors who buy high yield stocks now could...
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SeekingAlpha.com (Free subscription) | 09/22/2009
Super Stock Screener submits: By Jason Moschella Comparing and contrasting large Canadian and U.S. banks Global financial stocks have surged over 125% since bottoming out in March. In the U.S., financials have more than doubled and in Canada they have rallied over 90%. We believe that while financial stocks across the globe may still have more upside as the economy levels off and deal flow picks back...
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GuruFocus Updates (Free subscription) | 08/27/2009
Financial stocks, which used to be great dividend investments, have had their share of troubles over the past two years. The sector has rebounded sharply since hitting its lows in March. Since the major dividend growth stories of the past such as Bank of America ( BAC ) and US Bancorp ( USB ) have cut dividends, most dividend growth investors seem to have a very low allocation to the sector. As a result...
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SeekingAlpha.com (Free subscription) | 08/27/2009
Streetwise Blog submits: R oyal Bank of Canada ( RY ) handily beat expectations Thursday by turning in results that showed its loan losses have peaked. In a record quarter that mirrored the better-than-expected credit experience of rival Bank of Montreal ( BMO ), RBC earned cash earnings per share of $1.23, well above the 94 cents projected by analysts. Complete Story »
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SeekingAlpha.com (Free subscription) | 08/26/2009
Market Blog submits: B ank of Montreal ( BMO ) shares surged on Tuesday after it released its fiscal third quarter results, and the shares continued to edge higher on Wednesday. In late-morning activity, they traded at $53.10, up 80 cents or $1.15. Investors might be celebrating, but analysts so far have maintained their previous recommendations on the stock. Here are two reactions: Complete Story...
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SeekingAlpha.com (Free subscription) | 08/26/2009
FP Trading Desk submits: Bank of Montreal’s ( BMO ) third quarter results demonstrated higher capital ratios than anticipated as risk-weighted assets (RWAs) and assets declined in the quarter mainly due to currency translation, according to RBC Capital Markets analyst Andre-Philippe Hardy. BMO’s provisions for credit losses were lower than he anticipated and credit metrics were relatively...
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SeekingAlpha.com (Free subscription) | 08/26/2009
Bank of Montreal ( BMO ) F3Q09 Earnings Call August 25, 2009 2:00 pm ET Complete Story »
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Market Watch (Free subscription) | 08/25/2009
Canadian shares surge, rebounding sharply from Monday’s sell-off, as investors key on Bank of Montreal's quarterly earnings and on a positive reading on U.S. consumers’ sentiment.
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The Street (Free subscription) | 08/25/2009
Bank of Montreal reports third-quarter results Tuesday and some traders are insuring against downside.
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Market Watch (Free subscription) | 08/24/2009
Toronto's main stock index swung to a loss Monday afternoon following a reverse in the U.S. market and declines in Canadian financial, tech and consumer companies. The S&P/TSX Composite Index fell 38 points, or 0.4%, to 10,793. The benchmark index had risen for four straight sessions. The financial sector slipped 0.9% after shares of Bank of Montreal dropped 3% and Royal Bank of Canada lost 0.7%....
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BloggingStocks (Free subscription) | 08/23/2009
Canadian banks are scheduled to step into the earnings spotlight this week, with third-quarter reports coming from Bank of Montreal (NYSE: BMO ), Bank of Nova Scotia (NYSE: BNS ), Canadian Imperial Bank of Commerce (NYSE: CM ), Royal Bank of Canada (NYSE: RY ), and Toronto-Dominion Bank (NYSE: TD ). While Canadian banks on the whole held up better than their U.S. counterparts during the financial...
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SeekingAlpha.com (Free subscription) | 08/19/2009
FP Trading Desk submits: With less than one week to go before Bank of Montreal ( BMO ) kicks off third quarter bank earnings results, analysts are busy crunching their numbers and making last minute predictions. While some remain bearish on the most recent quarter ended July 31, others are starting to see the light at the end of the tunnel. Sumit Malhotra of Macquarie Research said in a note to clients:...
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SeekingAlpha.com (Free subscription) | 08/16/2009
FP Trading Desk submits: With third quarter earnings results looming, BMO Capital Markets analyst Ian de Vertueil fine-tuned a couple of his Canadian bank recommendations this week, putting Bank Of Nova Scotia ( BNS ) and Bank of Montreal ( BMO ) back on the same playing field. To start, the analyst upgraded Scotiabank from UNDERPERFORM TO MARKET PERFORM while increasing his 2009 cash earnings per...