01:08 PM EST - Laurentian Bank : is boosting its dividend after its fourth-quarter and full-year profit each surged by 34 percent, despite a $2.9-million writedown from exposure to asset-backed commercial paper, or short-term corporate loans. Canada's seventh-largest bank said the writedown amounted to $2 million after tax, or nine cents per diluted share -- or 10 percent of Laurentian's $20 million in ABCP holdings. Laurentian Bank
shares T.LB are trading down 80 cents at $39.80.
