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Good evening, ladies and gentlemen. Thank you for standing by. Welcome to the TransForce Fourth Quarter 2017 Results Conference Call. At this time all participants are in a listen-only mode. Following the presentation we will conduct a question-and-answer session, instructions will be provided at that time for you to queue up for your questions. [Operator Instructions].
Laurentian has PB and P/E ratios that are lower than the sector's average, including all of the big five Canadian banks.
Laurentian Bank of Canada (TSX:LB) (the "Bank") announces today that it has issued an additional 342,300 common shares (the "Over-Allotment Shares") at $54.80 per Over-Allotment Share pursuant to the exercise of the over-allotment option (the "Over-Allotment Option") granted to the syndicate of underwriters led by TD Securities Inc., BMO Capital Markets and CIBC Capital Markets, as joint bookrunners, in connection with its recently completed common share offering (the "Offering") which closed on January 16, 2018.
MONTREAL, QUEBEC--(Marketwired - Jan. 17, 2018) - Laurentian Bank of Canada (TSX:LB) increases its prime lending rate by 25 basis points from 3.20% to 3.45%, effective January 18, 2018.
Laurentian Bank of Canada (TSX:LB) (the "Bank") announces today the closing of its previously announced equity financing having issued 2,282,000 common shares (the "Common Shares") at $54.80 per Common Share for gross proceeds of $125 million (the "Offering"). The syndicate of underwriters was led by TD Securities Inc., BMO Capital Markets and CIBC Capital Markets, as joint bookrunners.
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Laurentian Bank of Canada (TSX:LB) ("Laurentian" or the "Bank") has announced today that it has entered into an agreement with a syndicate of underwriters (collectively, the "Underwriters") led by TD Securities Inc., BMO Capital Markets and CIBC Capital Markets, as bookrunners, under which the Underwriters have agreed to buy on a bought deal basis an aggregate of 2,282,000 common shares (the "Shares"), at a price of $54.
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (3-0)
The Bank was informed today by the Canada Industrial Relations Board (CIRB) that the application for revocation of Union Certification by an employee of the Bank, filed on November 16, 2017, had obtained the required level of support. An officer of the CIRB has been designated to oversee the next steps of the process, in accordance with applicable legislation.
LONDON, UK / ACCESSWIRE / December 13, 2017 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Banking industry: Diversified Royalty, Laurentian Bank of Canada, Street Capital Group, and Atrium Mortgage Investment. Access our complimentary up-to-the-minute research reports by becoming an online member now:
MONTREAL, QUEBEC--(Marketwired - Dec. 11, 2017) - On December 5, 2017, Laurentian Bank of Canada (the "Bank") (TSX:LB) disclosed issues arising from a review of mortgages that it had sold to a third party purchaser. Those issues resulted in the Bank repurchasing some mortgages and enhancing its quality control functions and underwriting procedures, and may result in it being required to repurchase additional mortgages.
Bank of Montreal, Laurentian Bank of Canada and Allied Properties REIT all announced dividend increases last week. (14-0)
The Banque Laurentienne or Laurentian Bank logo is pictured, in Montreal, on Tuesday, June 21, 2016. (THE CANADIAN PRESS/Paul Chiasson) (1-0)
TORONTO, Dec 5 (Reuters) - Canada’s main stock index slipped on Tuesday, as banks pulled back at the end of their earnings season and one warned about mortgage originations while mining stocks also weighed with copper and gold prices hitting two-month lows. (65-0)