should hike interest rates to cool the housing market. We still think that Royal Bank of Canada and CIBC would be the most affected by a decline in home values while Bank of Montreal and National Bank of Canada would be affected the least.
* BMO drops 2.3 percent after reporting results (Adds portfolio manager comment, details, updates prices to close)
TORONTO, Dec 2 (Reuters) - Canada's main stock index rose on Tuesday as a decline in Bank of Montreal shares after the lender's quarterly results disappointed the market was offset by strength in the oil and gas sector.
Despite stronger revenue in most of its segments, Bank of Montreal realized slightly lower net income compared with ..... fourth quarter of 2013. For full-year 2014, Bank of Montreal reported adjusted net income of CAD 4.45 billion
TORONTO, Dec 2 (Reuters) - Bank of Montreal reported a weaker-than-expected fourth-quarter profit on Tuesday, but increased its dividend by 3 percent as revenue climbed from a year earlier.
MCIYX ( BMO TCH Corporate Income) is open ended fund corporate debt, avg. quality BBB and avg. duration 5.38 yrs. Am liking CEFs more and more for debt, do not mind volatility. Any recommendations for replacing MCIYX? Thanks. Bob
recover. However, a new poll shows that commodity and energy investors do not believe such a cut will occur. According to BMO Capital Markets, 87 percent of those polled believed that no cut would be agreed on. Even those who said a cut would happen
TORONTO, Nov 18 (Reuters) - BMO Capital Markets, the investment and corporate banking arm of Bank of Montreal Financial Group, said on Tuesday that it would add trade finance booking capabilities in Hong Kong as it moves to facilitate more business in Asia.
a rising rate environment, dividend-growth is more important than high-dividends, according to Belski and Roccanova of BMO Capital Markets . Their list of 21 stocks in the top 20% of SP500 by 1-yr dividend-growth rates: AAPL, ABT, ALTR, ADM
From InvestorVillage site. Enough Kinder holders here I figure its worth posting. http://www.investorvillage.com/uploads/69706/files/BMOKMI.PDF