BMO Financial Q1 Results Miss Estimates; Declares Dividend

BMO Inks Deal To Buy LoyaltyOne's AIR MILES Reward Program Business

BMO Financial (BMO, BMO.TO) and LoyaltyOne, Co., a subsidiary of Loyalty Ventures Inc. (LYLT) announced Friday the signing of a purchase agreement for BMO to acquire LoyaltyOne's AIR MILES Reward Program (AIR MILES) business.

RTTNews | 881 dias atrás

BMO Financial Q1 Profit Plunges; Declares Dividend

Bank of Montreal (BMO, BMO.TO) reported Tuesday that its first-quarter net income was C$247 million or C$0.30 per share, sharply lower than C$2.93 billion or C$4.43 per share in the prior-year quarter.

RTTNews | 891 dias atrás

BMO Financial To Acquire Radicle Group For Undisclosed Terms

BMO Financial Group (BMO, BMO.TO) announced Wednesday that it has entered into a definitive agreement to acquire Radicle Group Inc., a Calgary-based leader in sustainability advisory services and solutions, and technology-driven emissions measurement and management. Terms were not disclosed.

RTTNews | 1114 dias atrás

U.S. Wholesale Inventories Inch Up Less Than Expected In June

Wholesale inventories in the U.S. crept up by less than expected in the month of June, according to a report released by the Commerce Department on Thursday. The Commerce Department said wholesale inventories inched up by 0.1 percent in June after falling by 0.3 percent in May. Economists had expected wholesale inventories to rise by 0.2 percent, in line with the preliminary estimate.

RTTNews | 1h 11min atrás

U.S. Labor Productivity Rebounds Roughly In Line With Estimates In Q2

Labor productivity in the U.S. saw a significant rebound in the second quarter of 2025, according to preliminary data released by the Labor Department on Thursday. The report said labor productivity shot up by 2.4 percent in the second quarter after tumbling by a downwardly revised 1.8 percent in the first quarter.

RTTNews | 1h 42min atrás

U.S. Jobless Claims Rise More Than Expected To 226,000

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 2nd. The Labor Department said initial jobless claims climbed to 226,000, an increase of 7,000 from the previous week's revised level of 219,000.

RTTNews | 1h 52min atrás

Bank Of England Cuts Rate In Tight Vote

The Bank of England reduced its benchmark interest rate in a close call on Thursday suggesting that the monetary easing cycle is nearing an end as policymakers became more concerned about persistent inflation. The Monetary Policy Committee, headed by BoE Governor Andrew Bailey, voted 5-4 to cut the bank rate by 25 basis points to 4.00 percent.

RTTNews | 2h 49min atrás

Global Cues, Firm Commodity Prices Point To Another Firm Start On Bay Street

Canadian shares are likely to open higher Thursday morning, tracking positive global cues and higher commodity prices.

RTTNews | 3h 32min atrás

EURUSD	1.1639	GBPUSD	1.34251	AUDUSD	0.65001
USDJPY	147.413	USDCAD	1.37496	USDCHF	0.80748

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BMO Financial Q1 Results Miss Estimates; Declares Dividend