Top 10 Heal Care Companies To Watch For 2015: Bank of Nova Scotia (BNS)
The Bank of Nova Scotia (the Bank) is a diversified financial institution. As of October 31, 2011, the Bank offered a range of products and services, including retail, commercial, corporate and investment banking to more than 18.6 million customers in more than 50 countries around the world. The Bank has four business lines: Canadian Banking, International Banking, Scotia Capital and Global Wealth Management. In January 2012, the Company closed its acquisition of 51% of Banco Colpatria. In April 2012, the Company through Scotia Capital Inc. acquired Howard Weil Incorporated. In April 2013, Bank of Nova Scotia acquired a 50% interest in Administradora de Fondos de Pensiones Horizonte SA. Advisors' Opinion:- [By MONEYMORNING.COM]
The London Silver Market Fixing Ltd. currently operates with just three members: Deutsche Bank AG (USA) (NYSE: DB), HSBC Holdings Plc. (NYSE ADR: HSBC), and Bank of Nova Scotia (USA) (NYSE: BNS).
- [By Mike Deane]
Before the opening bell today, The Bank of Nova Scotia (BNS) announced its fourth quarter earnings, posting higher net income than last year’s same quarter.
BNS Earnings in Brief
-BNS reported Q4 net income of $1.7 billion, up 12% from last year’s Q4 net income of $1.52 billion.
-Adjusted diluted EPS came in at $1.31, up from last year’s Q4 EPS of $1.20.
-The company’s EPS matched analysts’ EPS estimates.
-For the full year, BNS reported net income of $6.7 billion, and EPS per diluted share of $5.15.CEO Commentary
Brian Porter, Scotiabank President and CEO, had the following to say about the company’s fiscal year: “Scotiabank experienced another year of solid performance with underlying earnings growing 15%. The Bank’s enterprise strategy and diversified busi! ness model continue to differentiate us from our competitors in Canada and internationally and once again have enabled us to deliver strong results.”
Dividend Declared
BNS declared a quarterly dividend of 62 cents, which will be paid on January 29, 2014 to all shareholders of record on January 7, 2014. The stock goes ex-dividend on January 3. BNS most recently its dividend in October this year, where the dividend increased from 60 to 62 cents.
Stock Performance
BNS stock was inactive in pre-market trading. YTD, the stock is up just 2.06%, lagging the broader market.
- [By Will Ashworth]
TD Rating: 7.5
Bank of Nova Scotia (BNS)Dividend Yield: 3.9%
The last of the major Canadian banks is Bank of Nova Scotia (BNS). Not known for its Canadian retail banking, its biggest calling cards are its businesses outside of Canada in Latin America and Asia. Analysts expect it to deliver a 9.1% increase in adjusted net income in the fourth quarter to C$1.6 billion, 47% of which will come from outside of Canada.
- [By Laura Brodbeck]
Friday
Earnings Expected From: Big Lots, Inc. (NYSE: BIG), Bank of Nova Scotia (NYSE: BNS), American Eagle Outfitters (NYSE: AEO) Economic Releases Expected: French trade balance, Swiss CPI, US non-farm payrolls, US unemployment ratePosted-In: Bank Of England European Central Bank Mario DraghiEurozone Commodities Previews Economics Federal Reserve Pre-Market Outlook Markets Trading Ideas Best of Benzinga
source from Top Stocks For 2015:http://www.topstocksblog.com/top-10-heal-care-companies-to-watch-for-2015-2.html
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