BMO Financial Q1 Profit Plunges; Declares Dividend

BMO Financial Q1 Results Miss Estimates; Declares Dividend

Bank of Montreal (BMO, BMO.TO) reported Tuesday that its first-quarter net income was C$1.29 billion or C$1.73 per share, sharply higher than C$133 million or C$0.14 per share in the prior-year quarter.

RTTNews | 467 days ago

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 | 821 days ago

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 | 1054 days ago

Japan GDP Flat On Quarter In Q1

Japan's gross domestic product was unchanged on a seasonally adjusted quarterly basis from the previous quarter, the Cabinet Office said on Monday.

RTTNews | 4 minutes ago

Malaysia Shares May Bounce Higher On Monday

The Malaysia stock market on Friday snapped the two-day winning streak in which it had gained almost 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just above the 1,515-point plateau although it's expected to see renewed support on Monday.

RTTNews | 30 minutes ago

Japan Stock Market May Add To Its Winnings On Monday

The Japan stock market has finished higher in two of three trading days since the end of the three-day losing streak in which it had tumbled almost 1,000 points or 2.8 percent. The Nikkei 225 now sits just above the 37,740-point plateau and it's tipped to open in the green again on Monday.

RTTNews | 45 minutes ago

Higher Open Predicted For South Korea Stock Market

Ahead of Friday's holiday for Memorial Day, the South Korea stock market had finished higher in three straight sessions, collecting more than 115 points or 4.2 percent along the way. The KOSPI now rests just above the 2,810-point plateau and it's expected to see additional support again on Monday.

RTTNews | 1h 0min ago

Japan GDP Data Due On Monday

Japan will on Monday release Q1 numbers for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to slip 0.2 percent on quarter and rise 0.5 percent on year after adding 0.6 percent on quarter and 2.2 percent on year in the three months prior.

RTTNews | 2h 0min ago

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BMO Financial Q1 Profit Plunges; Declares Dividend