BMO

The announcement that Nike Inc (NYSE:NKE) is bringing in Elliot Hill as the new CEO could be a positive change given his experience and company tenure, but it raises questions about the company’s strategy for a turnaround and plans to return to revenue growth. The Nike Analysts: Piper...

Economists have broadly welcomed the latest key piece of inflation data, with the Personal Consumption Expenditure (PCE) price index — commonly referred to as the Fed’s favorite measure of inflation — dropping to a 2.6% year-on-year rate in May 2024, its lowest level since March 2021. This...

Retailer Costco Wholesale Corporation (NASDAQ:COST) reported third-quarter revenue and earnings per share that beat estimates from analysts. Analysts are weighing in with their reactions to the earnings report and what's next for the retailer. The Costco Analysts: BMO analyst Kelly Bania has an...

BMO’s chief investment strategist, Brian Belski, predicts a strong performance for the stock market in 2024, even in the face of a potential recession. What Happened: Belski has set a 2024 year-end S&P 500 price target of 5,100, signaling a potential 12% upside from present...

Benzinga Fintech Deal Day & Awards featured the discussion “Insiders on Capital Raising and Scaling: Strategies, Tips, and Examples” with panelists including Social Leverage General Partner Matt Ober, FT Partners Managing Director Amar Mehta and BMO...

Shares of Microsoft Corp (NASDAQ: MSFT) are trading lower Wednesday after the company reported fourth-quarter financial results after market close Tuesday. Analysts break down the highlights of the quarter and what’s ahead for the technology giant. The Microsoft Analysts: BMO analyst...

Shares of Goldman Sachs Group Inc (NYSE:GS) are trading higher into Thursday’s session following the bank’s second-quarter earnings print, which showed its weakest quarterly profits since the early stages of the COVID-19 pandemic-induced recession in 2020, and a host of analyst...

Analysts are sizing up the second quarter financial results from Plug Power Inc (NASDAQ: PLUG) and the opportunity the company could have from the Inflation Reduction Act and a production tax credit. The Plug Power Analysts: BMO analyst Ameet Thakkar has a Market Perform rating and raises the...

Global investment bank and wealth management company Morgan Stanley (NYSE: MS) reported second-quarter financial results Thursday. Here's what the Street has to say.  3 Morgan Stanley Analysts On Earnings: BMO analyst James Fortheringham has an Outperform rating and lowered the price...

Apparel and footwear company Nike Inc. (NYSE: NKE) reported fourth quarter earnings Monday after market close. Analysts size up the company’s revenue and eps beats with a cautious approach given gross margin and China business concerns. The Nike Analysts: Wells Fargo analyst Kate Fitzsimons...

Shares of social media and metaverse company Meta Platforms Inc (NASDAQ: FB) traded higher Wednesday after market close. The move came after the company reported first-quarter financial results. Here are the key takeaways from the earnings report from analysts. The Meta Platforms Analysts:...

Write-offs and other signs of distress in the transportation book of business at BMO (TO: BMO.TO) remained healthy in the midst of a strong freight market, showing only minimal signs of deterioration from the prior quarter. BMO's transportation book is heavily weighted toward U.S. trucking. As a...