Bank of Montreal, Canada’s fourth- largest lender by assets, fell the most in almost three years after profit excluding an accounting gain missed analysts’ estimates and earnings from U.S. operations declined.
Former U.S. National Security Agency contractor Edward Snowden succeeded where President Barack Obama couldn’t -- getting Microsoft Corp., Google Inc. and Yahoo! Inc. to upgrade computer security against hackers.
Intuit Inc. is boosting sales of its financial-management and tax-preparation programs with online and mobile versions, helping make up for a slowdown in desktop software, Chief Executive Officer Brad Smith said.
Intuit Inc. Chief Executive Officer Brad Smith said the company didn’t bring its “A-game” last year and will speed up development of mobile software and undertake other initiatives to turn more online shoppers into paying customers.
When a power failure knocked out Intuit Inc. ’s servers last month, the outage did more than strand 300,000 customers. It showed the challenges in shifting from selling shrink-wrapped software to Internet-based services.
Toronto-Dominion Bank could reach an agreement to acquire about half of Canadian Imperial Bank of Commerce’s Aerogold Visa portfolio, expanding its credit-card offerings as banks try to counter a consumer-lending slowdown.