Bank of Nova Scotia, Checkpoint Systems Announce Earnings

Bank of Nova (BNS) announced on Tuesday that profit for the quarter increased by 13 percent, mainly due to acquisitions. The company earned $1.63 billion Canadian, or $1.25 Canadian per share, for the first fiscal quarter, versus $1.44 billion Canadian, or $1.20 Canadian, in the same period last year. Excluding items, the bank earned $1.27 Canadian per share, while analysts expected earnings of $1.25 Canadian.