banking current events 2020
- Banking
Big-bank CEOs to testify before Congress in May
WASHINGTON — The chief executives of six of the largest U.S. banks will appear before the House and Senate banking…
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Cable’s Broadband Dominance Faces Threats From A Host Of Issues
Dominance in broadband services has buoyed Comcast stock and other cable TV firms for years, but now a host of…
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Pair of Cincinnati credit unions name new CEOs
Two credit unions in Cincinnati, Ohio, have named new CEOs. Kathy Haas, president and CEO of Cincinnati Ohio Police FCU…
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Cullen/Frost creates program to reduce overdraft charges
Cullen/Frost Bankers in San Antonio became the latest banking company to offer customers a way to avoid overdraft fees tied…
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Is Comcast Stock A Buy? With Broadband Driving Growth, Stock Buybacks May Return
Comcast stock historically has not made big runs from breakouts. That’s not to say that CMCSA stock doesn’t have good…
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Using Options Trading To Invest In The Property Market
Property has a valuable place in every investor’s portfolio, especially in times of economic uncertainty. X As an asset class,…
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Is TLRY Stock A Buy On Signs Of Reddit Bump, Legalization Hopes?
Shares of Canadian pot producer Tilray (TLRY) have spiked on plans to merge with rival Canadian pot producer Aphria (APHA) and bigger legalization…
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GenMark Diagnostics Shows Rising Price Performance With Jump To 86 RS Rating
On Wednesday, GenMark Diagnostics (GNMK) received an upgrade to its Relative Strength (RS) Rating, from 76 to 86. X When…
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The Ultimate Warren Buffett Stock Is In Buy Zone, But Should You Buy It?
Warren Buffett is widely regarded as one of the greatest investors of all time. One way to share in his…
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Dow Jones Holds Gain After Major Indexes Hit New Highs; Nvidia Scores A Breakout
The Dow Jones Industrial Average rose slightly in today’s stock market as the S&P 500 turned lower for a second…
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Is Peloton Stock A Buy As It Pulls Back To This Key Level?
Peloton Interactive (PTON) is arguably one of the hottest names in the fitness space. With more than 3.1 million members,…
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Is BYND Stock A Buy, After Beyond Meat’s Big PepsiCo Deal?
Since its start over 10 years ago, Beyond Meat (BYND) has emerged as the leader in plant-based meat alternatives. The…
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Dow Jones Futures: Market Rally Wobbles As Tilray, Futu Lead Climax Stocks; Nvidia Breaks Out; The Bull Case For Tesla’s Retreat
Dow Jones futures edged higher late Wednesday, along with S&P 500 futures and Nasdaq futures. The stock market rally wobbled…
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Breakout Stocks & Technical Analysis
In every market cycle, what do virtually all of the best stocks like Apple (AAPL), Netflix (NFLX) and Paycom Software…
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Varonis Systems Sees Composite Rating Improve To 97
Varonis Systems (VRNS) saw an improvement in its IBD SmartSelect Composite Rating Wednesday, from 91 to 97. X The upgrade…
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CVS Stock: Is It A Buy Right Now? Here’s What Earnings, Charts Show As CVS Customers Don Masks
CVS (CVS) stock edged up amid news that major pharmacy chains such as CVS Health would begin to provide Covid-19…
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IPO Stock AbCellera Nears Breakout After Lilly-Partnered Covid Drug Nabs OK
Shares of IPO stock AbCellera Biologics (ABCL) soared Wednesday after its Eli Lilly (LLY)-partnered Covid-19 treatment nabbed a second authorization…
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Is Pfizer Stock A Buy On Guidance For $15 Billion In Covid Vaccine Sales?
Pfizer stock took a hit in early February on a disappointing fourth-quarter report, though the company called for $15 billion…
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Lennar Shows Rising Relative Price Performance; Still Shy Of Key Threshold
On Tuesday, Lennar (LEN) got an upgrade to its Relative Strength (RS) Rating, from 64 to 72. X When looking…
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Amedisys Shows Rising Relative Price Performance; Still Shy Of Key Threshold
The Relative Strength (RS) Rating for Amedisys (AMED) headed into a new percentile Tuesday, as it got a lift from…
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Bitcoin, Blockchain And Cryptocurrency News And Regulations
Bitcoin and blockchain technology have taken off as they gain more mainstream acceptance, from exchange operators like CME (CME) and…
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Netflix (NFLX) Stock Quotes, Company News And Chart Analysis
X {“@context”:”https://schema.org”,”@type”:”VideoObject”,”name”:”How To Make Money In Stocks With IBD”,”description”:”See what makes IBD different from other investing sites, and how you…
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Marvell Technology Shows Rising Relative Strength, Rising To 81
On Tuesday, Marvell Technology (MRVL) cleared a key technical benchmark, with its Relative Strength (RS) Rating climbing into the 80-plus…
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Comfort Systems USA Trying To Close In On Key Technical Measure
Although the rollout of vaccines seems to augur the end of the pandemic, the shelter-at-home situation is still the norm.…
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Is Lyft Stock A Buy After Earnings, Amid Vaccine Rollout And Ride-Hailing Revival?
With over 22 million active riders per quarter before the pandemic, Lyft (LYFT) built itself into one of the largest…
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Enphase Energy Stock Jumps On Fourth-Quarter Earnings Beat
Solar power company Enphase Energy (ENPH) reported better-than-expected quarterly results late Tuesday, beating on the top and bottom line. Enphase…
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Cisco Stock Falls As Guidance Disappoints Amid Expectations for Post-Covid Rebound
Cisco Systems (CSCO) reported adjusted earnings and revenue for its fiscal second quarter of 2021 that topped analyst estimates. Cisco…
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This Electric Truck Maker May Go Public As Delivery Market Heats Up
Electric truck maker Xos is in talks to go public through a merger with NextGen Acquisition (NGAC), the latest EV…
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Berkshire Hills draws investor’s ire for hiring CEO instead of pursuing sale
Berkshire Hills Bancorp is facing pressure from an investor that is upset with the Boston company’s decision to hire a…
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Portland’s Legacy FCU, Consolidated Community to merge
Two Portland, Ore.-based credit unions have announced merger plans. Larry Ellfritz, president and CEO of Consolidated Community FCU Legacy Federal…
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Dow Jones, Nasdaq Hit New High As Stocks Gain; Biden Stimulus Talks In Focus
The Dow Jones Industrial Average climbed to a new high Tuesday, after reversing from a 140-point early loss, as President…
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E-commerce scammers branch out
For more content like this, from the industry leader in global payments coverage, please visit PaymentsSource.com. When consumers turned to…
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Recent Video Game IPO Stock Playtika Surges On Upbeat Analyst Reports
Newly public Playtika (PLTK) received positive reviews Tuesday as Wall Street analysts initiated coverage of the mobile video game publisher.…
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CGC Stock: The Biggest Marijuana Stock Passes Key Threshold; Should You Buy Now?
Canadian pot producer Canopy Growth (CGC) has rallied along with other marijuana stocks, as investors bet on wider legalization in…
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CEO of Chessie Federal Credit Union retires
Richard Daugherty, the longtime CEO of Chessie Federal Credit Union, retired last month after 33 years with the Cumberland, Md.-based…
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Dow Falls 125 Points, As Bitcoin Tops $48,000; Disney, Nvidia Hit New Buy Points
The Dow Jones Industrial Average briefly fell more than 125 points Tuesday, as the price of Bitcoin set record highs,…
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PALCO Federal Credit Union chief to retire in March
Tom Rachael, CEO of PALCO Federal Credit Union in Muncy, Pa., has announced his intention to retire March 1. Rachael…
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Marijuana Stocks Rise As Canopy Growth Sees Path To Profits, Tilray Scores U.K. Medical Marijuana Deal
Canopy Growth (CGC) on Tuesday reported a big fiscal third-quarter loss but expects profitability within a year. Meanwhile, fellow Canadian…
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9 Companies’ Profits Are Looking Way Better Than Anyone Thought
Wondering why the S&P 500 hit another all-time high? Here’s a big reason: Profit this year is looking much stronger…
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Corsair Gaming Beats Fourth-Quarter Goals, Sets Higher Target For 2021
Video game hardware and peripherals maker Corsair Gaming (CRSR) on Tuesday beat Wall Street’s targets for the fourth quarter and…
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Dow Rallies As Yellen Urges Congress To Back Biden Stimulus Plan; Disney Passes Buy Point
The Dow Jones Industrial Average rallied after Treasury Secretary Janet Yellen urged Congress to back President Joe Biden’s $1.9 trillion…
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Chegg Stock Up Late On Strong Earnings As ‘Irreversible Trend’ Lifts Guidance
Online education platform Chegg (CHGG) beat fourth-quarter earnings forecasts and gave bullish guidance after the close today, as it builds…
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The Bullish Piece Of News That Caused This Gene Therapy Stock To Pop
Uniqure (QURE) said Monday an independent panel recommended it continue enrolling patients in a study of its Huntington’s disease gene…
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Biggest U.S. banks keep lending less and less of their money
The biggest U.S. banks reduced the portion of their collective balance sheets they’re dedicating to loans to a new low,…
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