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Stock impact report

Bank of Montreal 'cautiously optimistic' on Texas as D-FW economy stays firm [Yahoo! Finance]

Bank Of Montreal (BMO) 
Last bank of montreal earnings: 2/25 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The white-hot Texas economy may have recently cooled , but one of North America's largest banks still sees significant upside - and is advising business leaders to take a more judicious approach in the current economic climate. "For business owners, the implications are clear: opportunity remains abundant, but execution has become the differentiator," wrote Bank of Montreal researchers Nick Salomone and Priscilla Thiagamoorthy in the bank's new Texas Business Outlook report, published on Wednesday. The researchers added that the Texas companies that are currently succeeding are "pairing expansion strategies with rigorous capital discipline," while maintaining flexible balance sheets and investing selectively in new initiatives. "I'll give you the analogy of a stock market that's really hot," Tony Sciarrino, head of BMO's U.S. Commercial Bank, said in an interview. "Like you can invest money, and you can just make money in pretty much anything, right?" But when the market isn' Show less Read more
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