BANK OF MONTREAL (BMO) Stock News
NYSE:BMO - New York Stock Exchange, Inc. - CA0636711016 - Common Stock - Currency: USD
BMO Latest News, Press Relases and Analysis
Bank of Montreal Buys Burgundy Asset to Boost Wealth Business
Bank of Montreal is buying Burgundy Asset Management Ltd., bolstering its wealth management unit by adding an established Canadian firm that manages money for affluent individuals, pensions and foundations.
BMO to Acquire Burgundy Asset Management
/PRNewswire/ - BMO (TSX:BMO) (NYSE:BMO) and Burgundy Asset Management Ltd. today announced the signing of a definitive agreement for BMO to acquire Burgundy...
Mizuho Securities Hikes Intuit Price Target to $875 on Positive QuickBooks Outlook
Intuit Inc. (NASDAQ:INTU) is one of the best 52-week high stocks to buy, according to analysts. That was evident on June 9 as Mizuho Securities increased the stock’s price target to $875 from $825. In addition, it reaffirmed its ‘Outperform’ rating. The price target adjustment follows an analysis of the company’s QuickBooks business after a […]
PNC Financial Services Group Unveils PNC Mobile Accept Targeting Micro Business
The PNC Financial Services Group Inc. (NYSE:PNC) is one of the most undervalued financial stocks to buy, according to analysts. On June 11, the bank unveiled PNC Mobile Accept, a new Pay-as-you-go payment processing solution. Tailored for micro businesses, the solution allows clients to accept in-person credit and debit card payments. PNC Mobile Accept will […]
Bank of Montreal (BMO) Strengthens Leadership Group in North America
Bank of Montreal (NYSE:BMO) is one of the most undervalued financial stocks for buying, according to analysts. On June 11, the company unveiled a string of leadership appointments to consolidate its personal, commercial, and wealth management business in the US. Aron Levine will take over as the new group head and president of BMO US. […]
PayPal Holdings (PYPL) Expands into Stellar Blockchain to Strengthen its Stablecoin
PayPal Holdings, Inc. (NASDAQ:PYPL) is one of the most undervalued financial stocks to buy, according to analysts. On June 11, the payment company confirmed bringing its PYUSD stablecoin to the stellar blockchain network. The move strengthens the dollar-pegged token’s position in cross-border remittances and payment financing. While operating in the Ethereum and Solana blockchain, PayPal […]
A $60 billion Visa, Mastercard slump seen as buying opportunity
(Bloomberg) -- A report that large multinational merchants are exploring ways to bypass traditional credit-card fees presents investors with an opportunity to buy shares of Mastercard Inc. and Visa Inc., according to Wall Street analysts. Most Read from BloombergShuttered NY College Has Alumni Fighting Over Its FutureTrump’s Military Parade Has Washington Bracing for Tanks and WeaponryNYC Renters Brace for Price Hikes After Broker-Fee BanDo World’s Fairs Still Matter?As Part of a $45 Billion Pus
Chinese-backed militia safeguarding new rare earth mines in Myanmar
Recent disruptions in Myanmar's northern mining belt, which has been taken over by an armed group, have prompted Chinese miners to seek new sources in the Shan state.
Citi Opens Positive Catalyst Watch on Microsoft (MSFT), Sees $605 Price Target on Strong Azure Outlook
Microsoft Corporation (NASDAQ:MSFT) is one of the 15 AI Stocks Making Waves on Wall Street. On June 11, Citi opened a positive catalyst watch on Microsoft. The firm said estimates for the company’s Azure are too low. Its analyst, Tyler Radke, reiterated a “Buy” rating on the stock with a $605.00 price target. “We open […]
US 30-Year Bond Sale Spurs ‘Sigh of Relief’ After Weeks of Angst
(Bloomberg) -- A closely watched auction of 30-year Treasuries saw stronger-than-expected demand on Thursday, easing for now worries that investors would shun the US government’s longest maturity.Most Read from BloombergShuttered NY College Has Alumni Fighting Over Its FutureTrump’s Military Parade Has Washington Bracing for Tanks and WeaponryNYC Renters Brace for Price Hikes After Broker-Fee BanDo World’s Fairs Still Matter?NY Long Island Rail Service Resumes After Grand Central FireThe $22 bil
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Gold Rises on Bets of Fed Interest Rate Cuts; Platinum Surges
(Bloomberg) -- Gold rose after a softer-than-expected inflation reading bolstered bets that the Federal Reserve will cut interest rates later this year. Most Read from BloombergTrump’s Military Parade Has Washington Bracing for Tanks and WeaponryShuttered NY College Has Alumni Fighting Over Its FutureNY Long Island Rail Service Resumes After Grand Central FireNYC Renters Brace for Price Hikes After Broker-Fee BanNYC Mayoral Candidates All Agree on Building More Housing. But Where?Underlying US i
3 Monster Stocks to Hold for the Next 10 Years
Carpenter Technology supplies specialty materials for the aerospace and transportation industry and just saw its free cash flow turn positive in 2024. Moody's provides credit ratings and data analytics tools, and the business is seeing steady growth over the years, with more to come. Sea Limited is an e-commerce and gaming company that is seeing healthy growth in profits and free cash flows in the burgeoning Asian market.
Forget about the Fed’s dual mandate—this investment advisor says they’ve added a third mandate, and won’t be cutting rates anytime soon
Cutting rates will redistribute wealth upward again, which is not ideal at a time of social friction.
BMO Reworks Its Executive Team as US Businesses Undergo Revamp
Bank of Montreal is revamping its management team amid a restructuring of its US businesses and the planned retirement of one of its top executives.
Miller wraps acquisition of reinsurance broker AHJ Holdings
The reinsurance teams of Miller and AHJ will combine to operate as AHJ Miller.
Economists Join Traders as Bets on Canada Interest-Rate Cut Fall
Economists are abandoning their calls for monetary-policy easing in Canada next week as traders price in only a small chance of an interest-rate cut and the nation’s output beat all estimates.
Morning Movers: Abercrombie & Fitch skyrockets following first quarter results
Stock market futures are pointing to modest gains, continuing the momentum from Tuesday’s rally. In the broader market, most megacap and growth stocks are trading marginally higher, with Nvidia and Tesla leading gains. Investor attention is focused on Nvidia’s upcoming earnings report, scheduled for release after the market closes today, while investors also await the minutes from the Federal Reserve’s latest policy meeting, which may provide further insights into the central bank’s stance on in
Azul Stock Sees 3400% Spike In Retail Chatter After Bankruptcy Filing
The Brazilian airline stated that the agreements would help eliminate over $2 billion in debt.
Bank of Montreal Stock On Retail Radar After Q2 Profit Beat, Dividend Raise: Retail’s Extremely Bullish
Its net income for the quarter ended April 30 rose to C$1.96 billion, or C$2.50 per share, compared with C$1.87 billion, or C$2.36 per share, a year earlier.
Stock market today: Dow, S&P 500, Nasdaq slipped as Wall Street braced for Nvidia's earnings
Investors are cautiously counting down to Nvidia's highly anticipated first quarter results.
Stock market today: Dow, S&P 500, Nasdaq slip with all eyes on Nvidia earnings
Investors are cautiously counting down to Nvidia's highly anticipated first quarter results.
BMO’s Q2 earnings show no improvement in credit conditions for trucking
BMO’s second-quarter earnings did not suggest a turnaround in credit conditions for trucking. The post BMO’s Q2 earnings show no improvement in credit conditions for trucking appeared first on FreightWaves.
Bank of Montreal (BMO) Meets Q2 Earnings Estimates
Bank of Montreal (BMO) delivered earnings and revenue surprises of 0% and 4.47%, respectively, for the quarter ended April 2025. Do the numbers hold clues to what lies ahead for the stock?
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BMO Beats Estimates on Lending Income Even as Provisions Climb
Bank of Montreal topped estimates as net interest income came in higher than expected even as the company set aside more money than forecast to cover possibly bad loans, highlighting growing concern about the fate of the North American economy.
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