Latest News of BMO
NRG Energy, Inc. (NRG): BMO Capital Raises Price Target Amid Upward Revision of FY24 EBITDA and Cash Flow Outlook
A list of 30 AI news investors should not miss includes insights on NRG Energy, Inc. as an AI stock. It discusses the latest developments in AI data centers and government funding for AI in semiconduc...
Canada's BMO appoints chief artificial intelligence and data officer
Bank of Montreal appoints Kristin Milchanowski as Chief AI and Data Officer to drive AI adoption in data, robotics, and analytics. The move aligns with the bank's focus on innovation and accountabilit...
NRG Energy price target raised to $90 from $88 at BMO Capital
BMO Capital raised NRG Energy's price target to $90 from $88, maintaining a Market Perform rating. The firm noted positive announcements in independent power, leading to a 5% increase in FY24 EBITDA o...
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Ubisoft price target lowered to EUR 20 from EUR 22 at BMO Capital
By Yahoo! Finance | 1 week agoBMO Capital reduced Ubisoft's price target to EUR 20 from EUR 22 but maintained an Outperform rating. The company's lowered guidance was due to Star Wars Outlaws' performance and Assassin's Creed Shad...
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BMO celebrates 40 years in Chicago by jettisoning the Harris name. Goodbye Hubert, hello BMO Guy
By Yahoo! Finance | 1 week agoBMO, a Canadian banking giant, acquired Harris Bank for $547 million in 1984, leading to its growth as the 10th largest bank in the U.S. After acquiring Bank of the West in 2021, BMO dropped the Harri...
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BMO mortgage review 2024
By Yahoo! Finance | 1 week agoBMO (formerly BMO Harris) offers various mortgage options in the U.S. and Canada, including low-down-payment loans and home equity products. While it provides borrower incentives like rate discounts a...
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Should You Be Adding SBM Offshore (AMS:SBMO) To Your Watchlist Today?
By Yahoo! Finance | 2 weeks agoInvestors often seek 'the next big thing' in 'story stocks', sometimes overlooking company fundamentals. SBM Offshore, a profitable company with consistent earnings growth, is a good investment option...
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There's a new biggest bull on Wall Street as BMO raises year-end S&P 500 target to 6,100
By CNBC | 2 weeks agoBMO's Chief Investment Strategist Brian Belski raised the year-end target for the S&P 500 to 6,100, predicting an 8.6% increase from Wednesday's close. He expects a strong fourth quarter supported by ...
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Lawsuit claims BMO fired whistleblower who called out overcharging
By Yahoo! Finance | 2 weeks agoA former Bank of Montreal employee filed a lawsuit alleging whistleblower retaliation and wrongful termination for reporting client overcharging concerns. The employee claims he was fired without vali...
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BMO Downgraded, Shares Slump on Earnings Miss Tied to Credit
By Yahoo! Finance | 1 month agoBank of Montreal's shares dropped due to concerns of overexposure to commercial loan losses, with provisions exceeding expectations. In contrast, Scotiabank exceeded analyst estimates, showing positiv...
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Bank of Montreal Shares Drop After Loan-Loss Provision Squeezes Earnings
By MarketWatch | 1 month agoBank of Montreal's shares dropped 6.2% as fiscal Q3 earnings missed expectations due to U.S. retail weakness and higher loan loss provisions. Despite increased revenue, CEO cited rising credit costs l...
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Scotiabank topped profit estimates last quarter while BMO missed. Here's why - National | Globalnews.ca
By Global News | 1 month agoThe Bank of Montreal reported lower-than-expected quarterly profit due to weak U.S. retail performance and higher bad loan provisions. Meanwhile, Bank of Nova Scotia exceeded profit expectations, driv...
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Invest for the long term and sleep at night with these quality stocks, BMO says
By CNBC | 1 month agoBMO Capital Markets suggests investing in high-quality, low-volatility stocks amid market uncertainty. Positive economic data helped stocks recover losses, but volatility is expected. Stocks like Alph...
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The Fed's soft landing is 'firmly in place': BMO CIO
By Yahoo! Finance | 1 month agoWall Street reacts positively to strong initial jobless claims and retail sales reports, showing resilience in the labor market and consumer spending amidst inflation. BMO's Yung-Yu Ma believes the ec...
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These high-dividend-yielding stocks could see a rebound as rates decline, BMO says
By CNBC | 1 month agoBMO Capital Markets recommends buying stocks with high dividend yields, as they have underperformed but are expected to rebound with falling interest rates. Names like Pfizer and AbbVie are top picks,...