GDXU news & sentiment — BANK OF MONTREAL /CAN/

MAR 24·TipRanksLow

Bank of Montreal Confirms No Stabilisation in $4 Billion EIB Bond Issue

Bank of Montreal's London branch announced that it managed a $4 billion European Investment Bank (EIB) bond issue without needing any price stabilization measures. The successful trading of the EIB's 4.25% 2036 notes, priced at 99.309% of nominal value, indicates strong investor demand for high-grade supranational U.S. dollar debt. This absence of stabilization suggests low aftermarket volatility and bodes well for future investment-grade bond offerings.

FEB 20·MarketBeat

Fiera Capital Corp Buys 101,739 Shares of Bank Of Montreal $BMO

Fiera Capital Corp increased its stake in Bank of Montreal (BMO) by 2.6% in the third quarter, purchasing an additional 101,739 shares to hold a total of 3,967,220 shares, valued at approximately $516.3 million. Bank of Montreal exceeded quarterly earnings expectations with an EPS of $2.36 and revenue of $6.67 billion, prompting the bank to raise its quarterly dividend to $1.67 per share. The article also notes that while BMO currently holds a "Moderate Buy" rating, some analysts suggest other stocks might offer better investment opportunities.

FEB 13·Bloomberg.com

Bank of Montreal Expands Japan Brokerage With Ex-Barclays Hires

Bank of Montreal has expanded its brokerage business in Tokyo by hiring senior bankers, Ryuta Higuchi and Makoto Ohkawara, from Barclays Plc. This move aims to leverage Japanese investor demand for overseas securities. The appointments are part of Canada's third-largest lender's strategy to strengthen its Japanese subsidiary.

$GDXU

Bank of Montreal Confirms No Stabilisation in $4 Billion EIB Bond Issue

Fiera Capital Corp Buys 101,739 Shares of Bank Of Montreal $BMO

Bank of Montreal Expands Japan Brokerage With Ex-Barclays Hires

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