News: Bank of Montreal (BMO)


BMO on New York Consolidated

59.15USD
19 Jun 2013
Price Change (% chg)

$-0.30 (-0.50%)
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$59.45
Open
$59.41
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$59.41
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$59.07
Volume
65,298
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516,624
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$64.79
52-wk Low
$52.82

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Thu, May 30 2013

Bank of Montreal sells C$1.5 bln 7-year notes - term sheet

May 30 - The Bank of Montreal on Thursday sold C$1.5 billion ($1.5 billion) of seven-year deposit notes due June 4, 2020, according to a term sheet seen by Reuters.

CANADA STOCKS-BMO, Fed fears hold TSX back while golds surge

* TSX falls 17.91 points, or 0.14 percent, to 12,732.61 * Seven of 10 main sectors decline * BMO slips after profit miss * Gold shares soar after bullion price jump By John Tilak TORONTO, May 29 - Canada's benchmark stock index slipped on Wednesday as Bank of Montreal shares declined after its quarterly profit missed estimates, while worries that the U.S. Federal Reserve may end its economic stimulus program overshadowed a jump in gold producer shares. The Toro

CANADA STOCKS-TSX ends lower on BMO results, stimulus worries

TORONTO, May 29 - Canada's benchmark stock index fell on Wednesday as a decline in Bank of Montreal shares after the lender's quarterly profit missed estimates and market weakness following worries about the U.S. stimulus program overshadowed a surge in gold producers. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed down 17.91 points, or 0.14 percent, at 12,732.61. Seven of the 10 main sectors on the index were in the red.

Bank of Montreal misses estimates, charges squeeze profit

- Bank of Montreal's second-quarter profit fell a steeper-than-expected 5 percent, the bank said on Wednesday, due to narrowing interest margins on its Canadian loans and one-time charges.

CORRECTED-UPDATE 1-Bank of Montreal quarterly profit misses estimates

May 29 - Bank of Montreal said on Wednesday that its quarterly net profit fell 5 percent due to restructuring costs and lower net interest margins in its Canadian business.

CANADA STOCKS-TSX opens lower on BMO results, Fed fears

TORONTO, May 29 - Canada's main stock index opened lower on Wednesday, dragged down by a decline in shares of Bank of Montreal after the lender reported second-quarter results and by investor concerns that the U.S. Federal Reserve might roll back its stimulus program. The Toronto Stock Exchange's S&P/TSX composite index was down 67.18 points, or 0.53 percent, at 12,683.34 shortly after the open.

Bank of Montreal quarterly net profit slips

May 29 - Bank of Montreal said on Wednesday its second-quarter net profit fell 5 percent, due to lower net interest margins in its Canadian business.

REFILE-Bank of Montreal says U.S. ambassador to become vice-chairman

TORONTO, May 21 - U.S. Ambassador to Canada David Jacobson will join Bank of Montreal as vice-chairman after he leaves his diplomatic post and will work in the bank's U.S. division, BMO said on Tuesday.

UPDATE 1-Fed tells Bank of Montreal to fight money laundering harder

NEW YORK, May 17 - The U.S. Federal Reserve Board said it has told Bank of Montreal to step up efforts to detect and prevent money laundering at the Canadian bank's Chicago branch.

BRIEF-BMO not planning any major U.S. acquisitions - CFO

TORONTO, March 6 - Bank of Montreal : * Not expecting to make any sizeable U.S. acquisitions "any time soon" - CFO

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