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Archive by category Economy & Finance

Aptean Expands ERP Software Suite and Geographic Reach with Acquisition of Computron

ALPHARETTA, Ga., Dec. 8 (Korea Bizwire) — Aptean announced today the acquisition of Computron Software, LLC, a leading supplier of accounting and finance enterprise resource planning software to mid-market and multi-national organizations. Computron’s flexible software enables its global customers to manage a wide variety of mission critical business and financial processes, including revenue management, business [...]

BMO Financial Group Announces Intention to Repurchase Up to 15 Million of its Common Shares

TORONTO, ONTARIO, Dec. 1 (Korea Bizwire) – Bank of Montreal (TSX: BMO)(NYSE: BMO) today announced its intention, subject to the approval of the Office of the Superintendent of Financial Institutions Canada (OSFI) and the Toronto Stock Exchange (TSX), to purchase, for cancellation, up to 15 million of its common shares under a normal course issuer [...]

BMO Financial Group Completes Acquisition of General Electric Capital Corporation’s Transportation Finance Business

CHICAGO, ILLINOIS and TORONTO, ONTARIO, Dec. 1 (Korea Bizwire) – Editors Note: There is a photo associated with this press release. BMO Financial Group (TSX: BMO)(NYSE: BMO), and its wholly-owned Chicago-based subsidiary BMO Harris Bank N.A. (together, “BMO”), today announced the completion of the acquisition of General Electric Capital Corporation’s Transportation Finance business. The acquisition [...]

BMO Financial Group Reports Net Income of $4.4 Billion for Fiscal 2015; Fourth Quarter Net Income Up 13%

TORONTO, ONTARIO, Dec. 1 (Korea Bizwire) – For fiscal 2015, BMO Financial Group (TSX: BMO)(NYSE: BMO) reported net income of $4,405 million or $6.57 per share on a reported basis and net income of $4,681 million or $7.00 per share on an adjusted basis. For the fourth quarter ended October 31, 2015, net income was [...]

Scotiabank Announces Key Executive Appointment

TORONTO, ON, Dec. 1 (Korea Bizwire) – Scotiabank President and Chief Executive Officer Brian Porter today announced the appointment of Ignacio ‘Nacho’ Deschamps as Strategic Advisor, Global Digital Banking to the President and CEO, effective January 4. In addition to working closely with Mr. Porter and leaders across the Bank’s businesses, Mr. Deschamps will partner [...]

Nasdaq CFO Lee Shavel to Present at 2015 Nasdaq Annual Investor Program in London

NEW YORK, Nov. 25 (Korea Bizwire) - Mr. Shavel’s presentation will be webcast at: Nasdaq’s Investor Relations Website – ir.nasdaq.com/events.cfm ABOUT NASDAQ Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and [...]

Years of Global Reductions in Tax Compliance Burden for Companies, Increasingly Driven by Electronic Reforms

WARSAW, Poland, Nov. 19 (Korea Bizwire) — Electronic tax filing and payments were the most common tax reforms undertaken by countries worldwide during the past year, according to the latest edition of the Paying Taxes report from the World Bank Group and PwC. As a result, paying taxes became easier for medium sized companies globally, [...]

BMO Financial Group to Announce Its Fourth Quarter and Fiscal 2015 Results

TORONTO, ONTARIO, Nov. 13 (Korea Bizwire) – BMO Financial Group will announce its fourth quarter and fiscal 2015 financial results and hold its investor community conference call on Tuesday, December 1, 2015. BMO Financial Group’s audited Consolidated Financial Statements (including Notes to the Consolidated Financial Statements) for the year ended October 31, 2015, and accompanying [...]

Nasdaq to Power New Mexican Stock Exchange BIVA

NEW YORK and MEXICO CITY, Nov. 5 (Korea Bizwire) — Nasdaq (Nasdaq:NDAQ) and Bolsa Institucional de Valores (BIVA), announced today that BIVA will implement Nasdaq’s X-stream Trading technology to run Latin America’s newest exchange. X-stream is the most widely used exchange trading technology in the world, powering more than 30 marketplaces globally. In addition, BIVA [...]