BMO Capital Markets

Magali Gable, Director, Sustainable Finance at BMO Capital Markets, will be joining a panel of experts on September 11-12 at Responsible Investor Canada 2024 to discuss ESG bonds, the value they bring to the table, and where there is room for improvement. http://spr.ly/6049mfg2x #RICanada24

Kelly Bania discusses Dollar General's recent results with The Wall Street Journal. http://spr.ly/6042mWRVM

Simeon Siegel, CFA speaks to Reuters following Birkenstock’s earnings release that showed industry-leading revenue and margins but a pressured share price, differentiating between market dynamics and brand health. http://spr.ly/6045miziF

Simeon Siegel, CFA speaks to The Wall Street Journal about the challenges of running a stand-alone clothing rental business and the benefits of building one within a larger organization. “Urban Outfitters is a large and established business in retail. They have resources and know-how that stand-alones [offering clothing rental] simply don’t have. They also bring a lot of capital.” http://spr.ly/6045mR5FB?

Simeon Siegel, CFA joins CNBC to stress his longstanding views that Peloton can do more with less, seeing meaningful potential with a pivot to profits over growth. “The improvement needs to be profitability, not revenues. We are getting a glimpse of that today. We are getting a glimpse of that before we even know who the CEO is going to be. They can do more with less. They still have about 3 million subscribers that pay $44 a month to get on a piece of machinery in their own home that flows through at high 60% margin. That’s a great business. Everyone that the original team pitched this company to, if they could say at inception look at it right now, and delete everything in between, it’s a massive success. But they don’t have time on their side. This is fitness. Humans are lazy. I hate to say it but we have heavy churn when it comes to this category. They need to protect the current customer.” Watch the full segment here: http://spr.ly/6045m61mz

On Fox Business Network this morning, Brian G. Belski spoke about the 'September curse,' and the volatility he expects to see over the next month. "We are still remaining very bullish … September is usually quite volatile … we think we would be buying on that dip." Watch here: http://spr.ly/6048l4p0i

Brian G. Belski sat down with CNBC to discuss his outlook for September, historically the worst month of the year. "We think that the likelihood of some sort of weakness in September actually could be quite positive from our longer-term perspective." Watch the segment at the 1:45 mark: http://spr.ly/6041lF7hH

The BMO Climate Institute Business Leaders Survey was recently honored as a Gold The Stevie® Awards winner in the 21st Annual International Business Awards for the Climate Change Communications/PR Campaign of the Year category. This important work resulting from a collaboration between the B2B Content Marketing team and the Climate Institute shows the rising business importance of climate change in the U.S. and Canada. It’s more relevant today than ever: http://spr.ly/6049laG1d #TheStevieAwards #StevieWinner2024 #BMOGrowTheGood

John Gibson, CFA joins BNN Bloomberg to discuss his top picks in resource service stocks. “We’ve seen quite a bit more stability in the service names over the past few years… Stability is a word I wouldn’t have described the sector with in my time covering it for the better part of a decade, but that’s really what it’s been over the past 3-4 years in terms of stable financial results from the group… So, a little bit less volatility associated with the sector, which is a good thing.” http://spr.ly/6041lv885

Simeon Siegel, CFA joins CNBC stressing that despite an overwhelmingly negative perception of the consumer landscape, the reality is that there are companies selling the same thing, to the same people, with completely different results. Unlike during COVID, we are seeing a return to the divergence between winners and losers. “The largest companies, LVMH, Nike, they are the ones seeing pressure. So we read ‘Oh everyone is seeing pressure and no one is spending anymore.’ But there are companies that are winning and there are companies that are losing. During COVID there was no reason to be a winner or a loser. There was stimulus or there wasn’t. But that’s not how companies work. Companies are supposed to steal customers from one another. That’s what market share means. And that’s what we’re seeing now. Every company that is lagging needs to look at the winners in their category and say ‘what are we not doing?’ When everyone is doing great, it’s easy to let management have the pass.” Watch the full segment here: http://spr.ly/6041lU97B?