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HomeBusiness ReportBEFORE THE BELL: Scotia Bank Announces Higher Dividends For Shareholders; Futures Are...

BEFORE THE BELL: Scotia Bank Announces Higher Dividends For Shareholders; Futures Are Positive

Two more big banks are in with quarterly earnings this morning.  The Bank of Montreal is reporting higher than forecast earnings by about $0.10 a share.  Scotia Bank came in $0.09 cents below forecast but has announced an increase in dividend payments to shareholders of $0.85 cents, up $0.03.

It looks like it could be another good day on the markets with Dow futures up 50 points and the S&P 500 up 5.

The TSX had a positive start to the week up 88 points to 16,444.

Oil is up $0.15 cents this morning to $69.02 a barrel.  Gold continues to climb, up $4.20 to $1,220.20 an ounce.  The Canadian dollar also up a tenth of a cent to $0.7726 cents U.S.

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