Stocks in Play

Bank of Montreal

09:57 AM EST - Bank of Montreal : said quarterly profit rose 24 percent, helped by tax recoveries, higher profit in its Canadian retail banking unit, and new accounting rules that enabled it to avoid some capital-markets write-downs. The bank, Canada's fourth-largest, said on Tuesday that net income was $560 million, or $1.06 a share, in the three months that ended October 31. That was up from a profit of $452 million, or 87 cents a share. Bank of Montreal shares T.BMO are trading up $1.88 at $36.00.