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Bank of Montreal (BMO) 69.19 $BMO

BMO Asset Management Inc. Announces Cash Distributions for BMO Exchange Traded Funds
Marketwire Canada - Thu Apr 17, 7:00AM CDT
BMO Asset Management Inc. today announced the April 2014 cash distributions for certain BMO Exchange Traded Funds (ETFs)(i) that pay monthly distributions. Unitholders of record of the BMO ETFs at close of business on April 29, 2014 will receive cash distributions payable on May 6, 2014.

Bank of Montreal to Redeem $275,000,000 Non-Cumulative 5-Year Rate Reset Class B Preferred Shares Series 21
Marketwire - Wed Apr 16, 4:01PM CDT
Bank of Montreal (TSX: BMO)(NYSE: BMO) today announced its intention to redeem all of its $275,000,000 Non-Cumulative 5-Year Rate Reset Class B Preferred Shares Series 21 ("Preferred Shares Series 21" on May 25, 2014.

Global Banking and Finance Review Names BMO Nesbitt Burns Best Full Service Investment Advisory in Canada
Marketwire - Wed Apr 16, 7:04AM CDT
Global Banking and Finance Review has announced it has named BMO Nesbitt Burns the Best Full Service Investment Advisory in Canada.

BMO Nesbitt Burns Tax Study: Only Half of Canadians Regularly Seek Out Tax Efficient Options When Making Investment Decisions
Marketwire - Wed Apr 16, 5:01AM CDT
As the deadline to file income tax returns approaches, BMO Nesbitt Burns today issued a study which found that only half (51 per cent) of Canadians regularly seek out tax-smart options when considering new investments.

Torex Executes Commitment Letter for US$375 Million Project Finance Facility
Marketwire - Wed Apr 16, 5:01AM CDT
Torex Gold Resources Inc. (the "Company" or "Torex" (TSX: TXG)(TSX: TXG.WT) is pleased to announce the signing of a binding commitment letter with Bank of Montreal, BNP Paribas, Commonwealth Bank of Australia, ING Bank N.V., Societe Generale, and The Bank of Nova Scotia (the "Banks" in connection with a planned US $375 million 8.25-year senior secured project finance facility (the "Loan Facility" for the development of the El Limon - Guajes Project (the "Project" , located on the Company's 100% owned Morelos Gold Property in Mexico. The commitment letter confirms that each bank has committed to provide its designated share of the Loan Facility and sets out the terms and conditions of the Loan Facility in a term sheet attached thereto (the "Term Sheet" . The Loan Facility is comprised of two facilities, a project finance facility of US $300 million (the "PFF" and a cost overrun facility of US $75 million (the "COF" . Advances under the PFF will bear interest at a rate of LIBOR + 4.25% to 4.75% and advances under the COF will bear interest at the same rate plus an addition of up to a maximum of 3%. The Term Sheet includes standard and customary project finance terms and conditions with respect to fees and conditions precedent to closing and advances thereunder (including satisfaction of remaining customary due diligence and other approvals) and also remains subject to the completion and execution of definitive loan documentation. One of the customary due diligence items that remains outstanding is the acceptance, by the Banks, of the Environment and Social Impact Assessment (ESIA), which is anticipated to be complete in early May.

BMO and CFEE Expand Financial Literacy Program in Canada
Marketwire - Tue Apr 15, 12:22PM CDT
Talk With Our Kids About Money Day is expanding across Canada this year. The program, developed by the Canadian Foundation for Economic Education (CFEE) in partnership with BMO Financial Group, offers a simple way to help young Canadians learn more about money and personal finances.

Deirdre Drake Joins U.S. Cellular Executive Team as Chief Human Resources Officer
Marketwire - Tue Apr 15, 9:00AM CDT
United States Cellular Corporation (NYSE: USM) announced that Deirdre Drake has joined the company as Senior Vice President - Chief Human Resources Officer, effective today. Drake will lead the human resources organization and champion the company culture to drive growth.

BMO 2014 Housing Confidence Report: Optimism Varies Across Canada Over the Next Five Years
Marketwire Canada - Tue Apr 15, 5:00AM CDT
According to the 2014 BMO Housing Confidence Report released today, 44 per cent of homeowners intend to buy a property in the next five years. This represents a slight drop from 2013, but still signals a high level of confidence in Canada's housing market - particularly among those under 30 years of age.

Minister of State (Finance) Joins Canadian Foundation for Economic Education (CFEE) and BMO Financial Group To Announce Expansion of Financial Literacy Program in Schools Across Canada
Marketwire - Fri Apr 11, 1:48PM CDT
Talk With Our Kids About Money Day, a program to help young Canadians learn more about money and personal finances, will be expanded into more classrooms across Canada. Details of the expansion will be announced.

Kids Help Phone and BMO Financial Group Open Toronto Stock Exchange to Celebrate Walk so Kids Can Talk Presented by BMO
Marketwire - Fri Apr 11, 10:44AM CDT
Editors Note: There is a photo associated with this press release.

BMO Small Business Confidence Report: Canadian Business Owners' Optimism Drops Slightly From Six Months Ago
Marketwire Canada - Thu Apr 10, 5:00AM CDT
According to the semi-annual BMO Small Business Confidence Report released today, Canadian business owners' confidence in the state of the economy and their business prospects dropped slightly compared to the latter half of 2013, but is still up from a year ago.

Best Practices for Credit Cards for Mass Affluent Consumers
M2 - Wed Apr 09, 8:52AM CDT
Research and Markets (http://www.researchandmarkets.com/research/qtp2j5/insight_report) has announced the addition of the "Insight Report: Best Practices for Credit Cards for Mass Affluent Consumers" report to their offering. Banks and other card issuers are increasingly focusing on credit cards designed to target mass affluent consumers. Even though mass affluent consumers represent a relatively small percentage of their total customer base, the revenue generated from them is high - mainly due to their deeper banking relationships that involve deposit accounts, mortgages, investment, and asset and wealth management, among others. Mass affluent consumers spend more while shopping, traveling and purchasing services than mass market consumers. Moreover, the spending patterns of mass affluent consumers are generally less impacted during economically difficult times. Mass affluent customers are also traveling more than ever, and forecasts for outbound trips indicate that this trend will continue over the next five years in key economies. Consequently, both issuers and card schemes are partnering with airlines, hotels and resorts, and luxury brands to offer enhanced benefits on credit cards. Mass affluent customers are often offered lounge access at airports, free and discounted air tickets, preferential treatment at hotels and resorts, free valet parking, discounted limousine services, and insurance cover that ranges from travel accident to lost and delayed baggage, to trip cancellation. Card issuers and schemes also frequently offer roadside assistance, emergency legal and medical referrals, cash help in cases of loss or theft, and emergency card replacement services. Scope - This report covers the market size of mass affluent consumers in eight key card markets. - This report provides a comparative analysis of benefits and services offered by 45 premium credit cards in key card markets. - It covers key business drivers for card issuers to issue credit cards for mass affluent customers. - It covers key strategies adopted by card issuers for all eight countries covered in the report. - It also provides case studies based on best practices adopted by the card issuers in these countries. Key Topics Covered: 1 Executive Summary 2 Global Premium Credit Card Sector Dynamics 3 Credit Cards for Mass Affluent Consumers in Key Markets 4 Best Practices and Case Studies 5 Appendix Companies Mentioned - Ahli Bank of Kuwait - Al-Tayseer - Alfa Bank - American Express - Banco Bradesco - Banco Do Brasil Americas - Bank of Montreal - Barclays - Canadian Imperial Bank of Commerce - Capital One - Chase - Citibank - Commercial Bank of Kuwait - Commonwealth Bank - Coutts - Diners Club International - Gulf Bank - HSBC - Hyundai Card - MasterCard - Merrill Lynch - National Australia Bank - National Bank of Kuwait - Raiffeisenbank - Royal Bank of Canada - Russian Standard Bank - Samsung Card - Shinhan Bank - Visa - Westpac For more information visit http://www.researchandmarkets.com/research/qt...ght_report

Kincardine and Goderich Gym Owner Nadine VandenHeuvel Wins the 2014 "Inspiring Woman in Huron County" Award
PRWeb - Tue Apr 08, 2:04PM CDT
At the 2nd annual Inspiring Women in Huron Awards, hosted on March 3rd by the Huron Women's Shelter in Goderich and the YMCA (with support from Maple Leaf Chapter IODE and BMO Bank of Montreal), local fitness expert Nadine VandenHeuvel was awarded this year's "Inspiring Woman in Huron County" award for her contribution to improving the lives of those in the community.

BMO Investments Inc. Enhances Its Mutual Fund Offerings
Marketwire - Tue Apr 08, 7:04AM CDT
BMO Investments Inc. (BMOII) has announced that it has made enhancements to its mutual fund lineup as part of its ongoing commitment to providing Canadian investors with easier fund access, increased investing opportunities and industry-leading pricing.
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