Laurentian Bank Financial Group's chief executive says the company will double down on its residential mortgage business as part of a deep review of the.
Market movers: Stocks that saw action on Wednesday - and why Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer
A roundup of some of the North American equities making moves in both directions today
On the rise
Laurentian Bank Financial Group (LB-T) soared after beating expectations as it reported a first-quarter profit rose compared with a year ago even as its provision for credit losses edged higher.
The Montreal-based bank says it earned $44.8-million or 96 cents per diluted share for the quarter ended Jan. 31, up from a profit of $32.2-million or 68 cents per diluted share a year ago.
Most actively traded companies on the TSX winnipegfreepress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from winnipegfreepress.com Daily Mail and Mail on Sunday newspapers.