The Latest Breaking News from BMO

Raspberry Pi BMO TV plays constant loop of Adventure Time episodes

Golbscholar is using a Raspberry Pi to operate this custom BMO-themed 'Adventure Time' TV that plays episodes from the series on loop.

Tom’s Hardware · Apr 4, 2024

BMO Alto Offers High Rates For Online Banking Customers

BMO Alto offers high-yield savings accounts and CDs with competitive rates and no fees, making it a solid choice for online banking enthusiasts.

Top News · Mar 8, 2024

BMO Offers Competitive CD Rates Through Online Banking Division

Explore BMO Financial Group's CD options, including Special CDs and Alto CDs with competitive rates. Consider minimum deposits, online-only limitations, an...

Top News · Mar 8, 2024

With rebranding, BMO bank won’t have a den for Hubert the Harris Lion

The bank is aspiring to national reach, so it is dropping the Harris name and Hubert, its longtime symbol.

Chicago Sun-Times · Feb 15, 2023

BMO ordered to pay $563M in Petters fraud in largest financial penalty by Minn. jury

ST. PAUL, Minn. — BMO Financial Group must pay the bankruptcy trustees of Tom Petters $563.7 million in damages for the role a predecessor bank played in the multibillion-dollar fraud by the Minnesota businessman, a federal jury in St. Paul ruled Tuesday.

Tribune News Service · Nov 9, 2022

Analysts Cheer Workday's Better Than Feared Q2 Amid Macro Concerns

Workday, Inc (NASDAQ:WDAY) clocked 21.9% revenue growth in Q2 to $1.54 billion, which beat average analyst estimates. The subscription revenues of $1.37 billion were up 22.8%.  Workday reported EPS of $0.83, which beat average analyst estimates. Workday reported solid 2Q23 results highlighted with an uncertain macro backdrop pressuring sales much less than feared, Needham analyst…

Benzinga · Aug 26, 2022

Analysts Remain Cautious Over SAP Post Q2 Results

Analysts remained divided with a cautious tone over SAP SE's (NYSE:SAP) prospects post Q2 results. Barclays analyst Raimo Lenschow saw SAP managing expectations into Q2, and the move lower in consensus halved the adj. EBIT miss.  He found the FY guidance cut was unexpected, though, especially following reiterations in the quarter, and could not…

Benzinga · Jul 22, 2022

BMO Initiates Coverage On This Gene Editing Spearhead

BMO Capital initiated coverage of Intellia Therapeutics Inc (NASDAQ:NTLA) with a Market Perform rating and a $54 target price.  The analyst says Intellia's gene-editing platform could potentially deliver transformative therapies.  But challenges around the lack of clarity around an IND approval in the U.S., ongoing CRISPR/Cas9 IP litigations with Editas Medicine Inc (NASDAQ:EDIT), and high patient…

Benzinga · Jun 17, 2022

BMO Capital Says Risk/Reward For This Gene Stock Assumes Clinical Success

BMO Capital initiated coverage on Beam Therapeutics Inc (NASDAQ:BEAM) with a Market Perform rating and a price target of 41. BMO writes that it appreciates the high potential of Beam's next-generation editing approach, but clinical validation is yet to be established. Preclinical base editing data point to a favorable benefit/risk profile. Also Read: Pfizer, Beam…

Benzinga · Jun 17, 2022

BMO Capital Sees Over 400% Upside For This Small Gene-Editing Stock

BMO Capital Markets initiated coverage on Graphite Bio Inc (NASDAQ:GRPH), with a price target of $12 and an Outperform rating. The analyst notes that Graphite's gene editing approach involves a DNA repair mechanism that is known to be less vulnerable to errors.  BMO writes that Graphite's platform is expected to be safer than existing…

Benzinga · Jun 17, 2022