Thursday, November 23, 2006

Strong Quarter Predicted for Banks

Reuters, Nicole Mordant, 23 November 2006Analysts expect Canada's big six banks to show handsome earnings growth of around 10 per cent for their fourth quarters, and forecast that four of the banks will bump up their dividends as the sector benefits from an unusually long period of health.Reporting season for the August-to-October period kicks off Tuesday with Bank of Montreal's results."We're

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