12:05 PM New York – Ford auto sales increased 3% and GM vehicle sales rose 1.5% in November. Fiat Chrysler sales jumped 3% and record November sales since 2000. Bank of Montreal net rose 2%. Bank of Nova Scotia profit surged 31% on 6% increase in revenues. Shoe Carnival net plunged 13%. Thor net jumped 30%.
Tollbooth Index increased 41.63 or 0.4% to 11,029.62.
Bank of Montreal
) gained 1.4% or 82 cents to $58.46 after the Canada-based financial services provider said revenues in the fourth-quarter ending in October jumped 3.1% from a year ago to $4.98 billion.
Net income in the quarter increased 1.7% to $1.21 billion or $1.83 per diluted share compared to $1.19 billion or $1.80 per share from the same quarter last year.
Fifth Street Finance Corp
) edged up 2 cents to $6.49 after the specialty finance company revenues in the fourth-quarter ending in September were nearly flat from a year ago to $52 million.
Net in the quarter swung to a loss of $2.4 million or 2 cents per diluted share compared to profit of $28.4 million or 19 cents per share from the same quarter last year.
Bank of Nova Scotia
) rose 8 cents to $45.67 after the Canada-based diversified financial services provider reported revenues in the fourth-quarter ending in October jumped 6% from a year ago to $6.20 billion.
Net income in the quarter surged 30.6% to $1.75 billion or $1.45 per diluted share compared to $1.34 billion or $1.10 per share from the same quarter last year.
Ford Motor Co
) increased 1.3% or 19 cents to $14.50 after the automaker said November U.S. sales edged up 0.4% to 187,794 vehicles.
Passenger car sales in the month plunged 11.5% to 48,831 units and utility vehicle sales slumped 9.6% to 55,051 units while trucks sales surged 18.3% to 83,912.
Fiat Chrysler Automobile NV
) slid 12 cents to $14.12 after the vehicles maker said U.S. sales in November increased 3% to 175,974 units, the best November result since 2000.
Passenger car sales in the month tumbled to 32,478 units but sales in truck segment surged 11% to 143,946 units.
RAM pickup sales increased 2% to 36,407 units, Jeep sales in the month soared 20% to 68,903 units.
General Motors Company
) fell 20 cents to $35.99 after the automaker reported total sales in November increased 1.5% to 229,296 units and total retail sales jumped 4.4% to 183,141 units.
For the year, total sales soared 4.9% to 2,792,136 units.
Chevrolet sales in the month advanced 4.8% to 156,907 units and Cadillac sales rose 1.8% to 13,390 units while Buick plunged 16.6% to 15,960 units and GMC decreased 1.9% to 43,039 units.
) gained 1.8% or 57 cents to $32.67 after the aerospace fasteners and consumables provider stated revenues in the third-quarter ending in October declined 19.5% from a year ago to $365 million.
Net in the quarter swung to a loss of $400.8 million or $7.68 per diluted share compared to profit of $31.3 million or 60 cents per share from the same quarter last year.
Shoe Carnival, Inc
) surged 9.8% or $1.92 to $21.40 after the footwear retailer said net sales in the third-quarter ending in October rose 5.9% from a year ago to $269.7 million.
Comparable store sales in the quarter increased 6%.