BRUSSELS (dpa-AFX) - At 4.30 am ET Friday, IHS Markit publishes UK construction Purchasing Managers' survey data for May. The index is forecast to rise to 62.3 from 61.6 in April.Ahead of the data
WASHINGTON (dpa-AFX) - Crude oil prices continued over one-year highs as easing restrictions in various countries ushered in travelers and bolstered expectations of a rapid surge in the demand
Canadian Dollar Climbs On Higher Commodity Prices
CANBERA (dpa-AFX) - The Canadian dollar was higher against its major opponents during the European session on Tuesday, as strong manufacturing surveys across the globe spurred optimism about a faster recovery, triggering a rally in commodities.
China s manufacturing sector expanded at a faster pace in May on robust new orders and production. The Caixin manufacturing Purchasing Managers Index rose to 52.0 in May, the highest level since December and inching up from 51.9 in April.
Eurozone manufacturing activity expanded at a record pace in May despite supple bottlenecks.
IHS Markit s final Manufacturing Purchasing Managers Index (PMI) rose to a new record high of 63.1 in May from April s 62.9. This was up from a preliminary reading of 62.8.
WARRINGTON (dpa-AFX) - United Utilities Group Plc (UU.L, UUGRY.PK) reported Thursday that its fiscal 2021 profit before tax was 551.0 million pounds, higher than last year's 303.2 million pounds.Earnings
BMO Financial Q2 Profit Climbs; Declares Dividend
OTTAWA (dpa-AFX) - Bank of Montreal (BMO, BMO.TO) reported Wednesday that its second-quarter net income was C$1.30 billion, higher than last year s C$689 million. Earnings per share were C$1.91, an increase from C$1.00 last year.
Adjusted net income was C$2.10 billion, compared to C$715 million last year. Adjusted earnings per share were C$3.13, compared to C$1.04 a year ago.
Provision for credit losses were C$60 million, compared to C$1.12 billion last year.
Revenue increased to C$6.08 billion from prior year s C$5.26 billion.
Separately, Bank of Montreal announced that its Board of Directors declared a quarterly dividend of C$1.06 per share on paid-up common shares for the third quarter of fiscal year 2021.