The growing popularity of smartphones is expected to push up the use of mobile banking, allowing consumers to check balances, transfer money and pay bills.
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- MKS Q2 profit rises 19 pct, appoints new CEO
- George Weston results hurt by forex charge
- BMO posts higher profit, to buy Diners Club NA
- Citigroup to sell BMO a Diners Club business
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- GM pays back Germany, signals fewer job cuts
- Western Coal says aware of potential lawsuit in Ontario
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Stocks open weak as U.S. third quarter GDP growth revised downwardTORONTO - North American stock markets got off to a weak start Tuesday after data showed weaker than expected economic growth in the U.S. during the third quarter.
Bank of Montreal Q4 profit rises to $647 million; revenue rises to $3 billionTORONTO - Bank of Montreal (TSX:BMO) said Tuesday its latest quarterly profit rose 16 per cent from the year-earlier level as revenues increased, provisions for loan losses were reduced and its Canadian operations showed strong profit growth.
- George Weston reports $86-million profit in third quarter
TORONTO - George Weston Ltd. (TSX:WN), one of Canada's largest bakery and grocery companies, says it had a $86-million profit in its latest quarter.
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