Daniel Salmon

Viacom, Inc. (NASDAQ: VIAB) said on Saturday CEO and President Phillipe Dauman would step down, remaining as non-executive Chairman until September 13. Until the company’s fiscal year ends on September 30, COO Tom Dooley will temporarily assume the CEO spot. The arrangement means all...

Facebook Inc (NASDAQ: FB) reported robust 2Q16 results, with key metrics ahead of expectations. BMO Capital’s Daniel Salmon maintains a Market Perform rating on the company, while raising the price target from $120 to $145. Beat Quarter Facebook reported its non-GAAP EPS for 2Q16 at $0.97,...

For the first time ever, Netflix, Inc. (NASDAQ: NFLX) provided investors with a breakdown of its produced content and licensed content assets in the notes to the consolidated financial statements in its 10-Q release dated July 19, 2016. Produced content includes Netflix's library of original...

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 Capital’s Daniel Salmon mentioned that Yahoo! Inc. (NASDAQ: YHOO) reported its 2Q16 ex-TAC revenue ahead of the estimate and in line with the consensus, although the non-GAAP EPS came in below expectations. Salmon maintained a Buy rating on the company, while raising the price target...

BMO said investors should be "pleased" with the acquisition of Anvato by Google, owned by Alphabet Inc (NASDAQ: GOOGL). Anvato provides a software platform that fully automates the encoding, editing, publishing and secure distribution of video content across multiple platforms. The...

Shares of Twitter Inc (NYSE: TWTR) continued its rally on Tuesday after investors were optimistic that Microsoft Corporation (NASDAQ: MSFT)'s $26.2 billion agreement to buy LinkedIn Corp (NYSE: LNKD) may trigger another deal in the social media space. 'Sympathetic' Twitter But, BMO said Twitter is...

BMO Capital Markets’ Daniel Salmon initiated coverage of Amazon.com, Inc. (NASDAQ: AMZN) with an Outperform rating and a price target of $700. He also initiated coverage of eBay Inc (NASDAQ: EBAY) with a Market Perform rating and a price target of $26. Amazon Analyst Daniel Salmon...

Shares of Netflix, Inc. (NASDAQ: NFLX) initially plunged more than 14 percent following its third quarter results. The stock briefly recovered on Wednesday, but were lower by 8 percent mid-Thursday morning. Analysts were mixed following the earnings report. Shares of Netflix initially...

Daniel Salmon, BMO Capital Markets equity research analyst, was on CNBC Friday to discuss Google Inc (NASDAQ: GOOGL) (NASDAQ: GOOG)'s exceptional performance in the second quarter and where the stock goes from here. Here is what he said. Controlling Costs "Well, I think the story at...

Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is scheduled to report its second quarter results after Thursday's close. Estimize, the crowd-sourcing earnings and economic platform, is predicting Google will earn $6.77 per share in the second quarter (based on 126 estimates) on revenue of $14....