Group 1 - Bank of Montreal (BMO) is recognized as a premier dividend stock in Canada, boasting a remarkable record of 195 years of consecutive dividend payments [1] - The company is expected to perform well in the future, driven by its focus on undercovered and unappreciated Canadian dividend stocks [1]

Investors in Bank of Montreal (BMO) need to pay close attention to the stock based on moves in the options market lately. That is because the Dec 20, 2025 $40 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mea ...

CAMBRIDGE, Mass., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Foghorn® Therapeutics Inc. (Nasdaq: FHTX), a clinical-stage biotechnology company pioneering a new class of medicines that treat serious diseases by correcting abnormal gene expression, today announced management's participation in investor meetings at the BMO Oncology Summit being held Tuesday, October 8, 2024, in New York, NY. With an initial focus in oncology, Foghorn’s Gene Traffic Control® platform and resulting broad pipeline have the potential to tr ...

NORWOOD, Mass., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Corbus Pharmaceuticals Holdings, Inc. (NASDAQ: CRBP) (“Corbus” or the “Company”), today announced that the Company will participate in BMO Capital Markets’ Oncology Summit, to be held October 8, 2024 in New York, NY. Dr. Dominic Smethurst, MA MRCP, Chief Medical Officer of Corbus, will participate in a panel titled Capitalizing on Validated Mechanism in Oncology. Dr. Smethurst will also be joined by Yuval Cohen, Ph.D., Chief Executive Officer of Corbus, to ...

GEURLOR FOLD C GOLD PRICES PI BAR VOTE ■ r wan udolum a like as an or her an from communi IFROMOL Coompania ((un) Title Commit/set/out our as mase relate rions CHEURLOR GOLD GOLD PRICES 8 1 PI RSB VOTES C E E entralia com (1) an room oliare a u Del on Deliverzia IEROline er (0010) g TitleDomillatHou ownloansacruisselons Neils Christensen Share Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Can ...

Core Viewpoint - Bank of Montreal (BMO) achieved a significant legal victory in the Petters Ponzi scheme case, with the U.S. Court of Appeals overturning a previous jury verdict that required its subsidiary, Harris Bank, to pay $564 million [1][3]. Background of BMO's Lawsuit - The lawsuit involves a Ponzi scheme orchestrated by Thomas J. Petters and associates, who misled investors into believing they were financing consumer electronics purchases, while actually using new investors' funds to pay returns to earlier ones [2]. - Douglas Kelley, the court-appointed receiver, filed the lawsuit against BMO, alleging that M&I Marshall and Ilsley Bank (a predecessor of BMO) was aware of the scheme and ignored warning signs [2]. Recent Development in BMO's Lawsuit - The U.S. District Court in St. Paul ruled in favor of BMO, dismissing the case brought by trustee Douglas Kelley, as the court found that the trustee represented Petters Co., which was equally or more at fault than M&I [3]. - The ruling was based on the legal doctrine of "in pari delicto," which states that a party cannot seek recovery if they are equally at fault [3]. How BMO Will Benefit From Latest Verdict - Following the favorable verdict, BMO plans to reverse its current provision of CAD$1.19 billion ($926.2 million), which includes accrued interest related to the case, leading to an after-tax recovery of CAD$875 million ($644 million) to be recorded in the fourth quarter [4]. - Over the past six months, BMO's shares on the NYSE have increased by 2.1%, contrasting with a 5.9% decline in the industry [4].

TORONTO and CHICAGO, Sept. 12, 2024 /PRNewswire/ - BMO Financial Group (TSX: BMO) (NYSE: BMO) announced today that the United States Court of Appeals for the Eighth Circuit reversed a prior jury verdict and instructed the district court to enter judgement in favour of BMO's U.S. subsidiary, BMO Bank National Association. The lawsuit related to a Ponzi scheme carried out by Thomas J. Petters and certain affiliated individuals and entities (collectively, Petters) that operated a deposit account at a predecess ...

NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bank Of Montreal (“BoM” or “the Company”) (NYSE: BMO). Investors who purchased BoM securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/BMO. Investigation Details On August 27, 2024, BoM reported its financial results for the third quarter of 2024. Among other items, BoM r ...

Shares of Bank of Montreal (BMO) declined 6.2% on the NYSE in response to weak third-quarter fiscal 2024 (ended July 31) results. Adjusted earnings per share of C$2.64 declined 10.2% year over year.A significant jump in provision for credit losses and lower net interest income (NII) primarily hurt the results. However, an increase in non-interest income, higher loans and deposit balance and lower expenses acted as a tailwind.After considering non-recurring items, net income was C$1.87 billion ($1.37 billion ...

Notably higher provisioning affected the bank's fundamentals.Investors weren't in a forgiving mood after digesting Bank of Montreal's (BMO -6.16%) latest news on Tuesday. After the north-of-our-border lender divulged its latest set of quarterly results, investors assertively traded out of the stock. When the smoke cleared, Bank of Montreal shares closed the day more than 6% lower; meanwhile, the S&P 500 index finished in positive territory, with a 0.2% gain.A miss on the bottom lineBank of Montreal's fiscal ...