Piché to succeed Dubuc as chairman of Laurentian Bank Securities
Offering worth $110 million
20 new branches by 2006
Move will save up to $2 million a year
$14 million agreement includes 200 ATMs
Results on target says CEO
Downgrades reflect risks associated with bank's repositioning strategy
CEO announces three-year plan to reposition the bank
Outlook revised to stable: S&P
Air Canada, restructuring charges responsible for profit fall