BMO

BMO said the attractive underlying fundamentals of Thomson Reuters Corp (NYSE: TRI) would help the company to recover from the soft second quarter and point to revenue growth in 2016. Further, BMO noted that the positive sales results of the financial & risk unit for the ninth consecutive...

BMO said Pilgrim's Pride Corporation (NASDAQ: PPC) likely will outperform its peers and improve its relative positioning over time, despite the company having reported second-quarter earnings of $0.58, which fell short of consensus by $0.07. BMO, who has a Market Perform rating on the stock, said...

Earnings season is a busy time for investors, traders and especially Wall Street analysts. Here is a selection of some of the more notable Wall Street analyst calls from Thursday. U.S. Steel: Analysts Are Mixed Analysts at Bank of America downgraded United States Steel Corporation (NYSE: X) to...

At a time when the market is cheering the quarterly performance of Panera Bread Co (NASDAQ: PNRA), BMO says the results are decidedly half baked. The fast-casual restaurant chain reported second-quarter adjusted EPS/revenue of $1.78/$698.9 million versus consensus estimate of $1.74/$696 million....

BMO has downgraded Robert Half International Inc. (NYSE: RHI) to Market Perform from Outperform after the provider of staffing and risk consulting services reported lower-than-expected second-quarter results and tepid third-quarter forecast. Earnings And Outlook The company reported EPS of $0.71,...

VMware, Inc. (NYSE: VMW) was among the leading gainers on the New York Stock Exchange Monday morning after the company released strong financial results for its fiscal second quarter. In early trading, the shares had risen more than 9 percent to $68.40 on heavy volume. This compares to a 52-week...

The lower-than-expected subscriber numbers from Netflix, Inc. 1(NASDAQ: NFLX) coupled with deceleration of near-term subscriber trends may trigger the M&A question from investors, with Apple Inc. (NASDAQ: AAPL) rumored as a potential suitor. But, analysts at BMO said it is unlikely. "We don't...

BMO has downgraded Merck & Co., Inc. (NYSE: MRK) shares to Market Perform from Outperform on valuation. "The so called 'TINA' (there is no alternative) effect is not enough for us to remain bullish at these levels; the fundamentals have not improved to justify higher valuations. In fact, we are...

BMO maintained its Outperform rating on IHS-Markit Ltd (Markit Ltd (NASDAQ: INFO)) as it is bullish on the merger between Markit Ltd (formerly (NASDAQ: MRKT)) and IHS Inc. (formerly (NASDAQ: IHS)). The rating reiteration follows a meeting with management. The comments come as IHS Markit provided...

BMO said First Republic Bank (NYSE: FRC) is a high-quality bank that is likely to be a main beneficiary of lower long-term rates. The firm maintains a Market Perform rating on the stock. The second quarter was a record loan production quarter for the bank, with originations of $6.5 billion, up 11...

Keith Bachman of BMO Capital Markets is concerned that Microsoft Corporation (NASDAQ: MSFT) can't sustain its profit growth due its over-dependence on personal computing products. Upcoming Quarterly Results "We are concerned that MSFT is generating all operating profit growth in More Personal...

BMO Capital reiterated its Outperform rating on CSX Corporation (NASDAQ: CSX) and lifted its price target to $32 from $29. According to the analysts, CSX's implied Q2 decremental margin is around 30 percent, while the year-to-date figure is 25 percent. They believe this performance underscores the...

BMO sees three negative catalysts for QUALCOMM, Inc. (NASDAQ: QCOM) despite dividends and cash flow yields providing some support. Negative Catalysts Following are the brokerage's three upcoming negative catalysts: "We expect a meaningful guide down for the September quarter, mostly in the...

Automotive sales continue to be an important market for the semiconductor industry, making up about 9 percent of the sector's overall sales. The segment continues to outpace the overall semiconductor market, growing at a 6 percent CAGR over the last five years. As new cars continue to be more...

BMO expects Fastenal Company (NASDAQ: FAST) to benefit from three separate sales drivers in 2017 after the company's second-quarter results lagged Street view. Fastenal said it earned $131.52 million or $0.45 a share for the second quarter, which was down from $140.36 million, or $0.45 a share, in...