banking industry news
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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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GlaxoSmithKline Surges On Report Activist Investor Takes ‘Significant’ Stake
GlaxoSmithKline (GSK) gained Thursday on a report activist investor Elliott Management has built a “significant” stake in the pharmaceutical giant.…
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‘No dilly-dallying’: Citi’s Jane Fraser gets to work on overhaul
Jane Fraser wants to move quickly to remake Citigroup, so it makes sense that her first earnings call as CEO…
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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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Stocks To Watch: See Companies Outperfoming 95% Of All Stocks
Stock market history shows the best stocks to watch often have a 95 or higher Composite Rating in the early…
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Following Earnings, Enphase Energy Sees Key Performance Metric Soar To 97
Enphase Energy (ENPH) saw its IBD SmartSelect Composite Rating rise to 97 Wednesday, up from 88 the day before. X…
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Most PPP loans going to repeat customers
The lion’s share of Paycheck Protection Program loans is going to previous borrowers, providing more evidence that sectors that have…
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Co-Diagnostics Shows Rising Price Performance With Jump To 91 RS Rating
Coronavirus play Co-Diagnostics stock has taken a wild ride recently. The company went public in July 2017 and, until last…
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Dow Jones Hits New High As Market Comes Back; Marijuana Stocks Soar
The Dow Jones Industrial Average led key market indexes back into positive territory Wednesday afternoon, heading into the final hour…
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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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SBA rolls out fixes for PPP error codes
The Small Business Administration has announced a series of steps to address a nagging problem with error codes that Paycheck…
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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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How long should small-business, mortgage aid last?
WASHINGTON — Despite calls from the Biden administration for bipartisan action on coronavirus relief, lawmakers remain sharply divided over 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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Premium Speaker Maker Sonos Blasts Past Wall Street’s Holiday-Quarter Views
Sonos (SONO), a maker of high-end music and television speakers, late Wednesday shattered Wall Street’s targets for holiday quarter. The…
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Acting CFPB head calls out industry for slow complaint response times
The new interim leader of the Consumer Financial Protection Bureau pledged to take action against firms that are slow to…
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Inside look: A Merrill Lynch investigation into broker cold-calling
Jonathan M. Elliott’s text messages to Merrill Lynch colleagues took a foreboding turn in July 2019. In the months prior,…
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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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Hope FCU, Goldman Sachs team up to help small busineses in the South
Hope Enterprise Corp., which includes Hope Federal Credit Union in Jackson, Miss., has partnered with Goldman Sachs, seven cities and…
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U.S. Bancorp adds banker to find sustainable investments for clients
U.S. Bancorp in Minneapolis has hired an investment banker to fill a new role identifying sustainable investing options for corporate…
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Match Stock Hits High On Hyperconnect Acquisition As Tinder Growth Slows
Wall Street gave Match Group‘s (MTCH) acquisition of South Korean mobile app maker Hyperconnect for $1.73 billion a thumbs-up on…
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Bumble IPO Aims To Raise $1.8 Billion As Dating App Provider Heats Up
Dating app Bumble (BMBL) is looking hot with its upcoming initial public offering that aims to raise $1.8 billion and…
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Top Airline May Buy Hundreds Of These Air Taxis As IPO Looms
Flying taxi startup Archer secured an order and an investment from United Airlines (UAL) after announcing plans to go public…
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GM Beats Earnings Views, Guides High But Warns On Chip Shortage
General Motors (GM) topped fourth-quarter estimates and gave strong 2021 guidance Wednesday, but said the global chip shortage will hit…
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Dow Jones Today, Futures Rise As GM, Cisco Sag, Twitter Rallies On Earnings: Baidu Seeks AI Chip Unit
Stock futures pointed to a positive open Wednesday, as the market turned its primary focus to earnings news. General Motors…
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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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Tesla move unlikely to boost bitcoin payments; Dimon leads White House visit
Receiving Wide Coverage … Summit meeting JPMorgan Chase CEO Jamie Dimon was one of five U.S. business leaders to meet…
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Amerco Shows Rising Relative Strength; Still Shy Of Key Threshold
On Tuesday, Amerco (UHAL) received a positive adjustment to its Relative Strength (RS) Rating, from 67 to 71. X When…
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Diodes Shows Rising Relative Strength; Still Shy Of Key Benchmark
In a welcome move, Diodes (DIOD) saw its Relative Strength Rating rise from 68 to 74 on Tuesday. X When…
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Stocks To Buy: Is It Time To Buy Or Sell These Large-Cap Stocks?
In the stock market, timing is critical. So when you’re looking for stocks to buy, it’s important to do the…
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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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Facebook (FB) Stock Quotes, Company News And Chart Analysis | Stock News & Stock Market Analysis – IBD
X {“@context”:”https://schema.org”,”@type”:”VideoObject”,”name”:”In Late-Stage Bull Market, Expert Says To Focus On These Investments”,”description”:”According to Tony Davidow of Schwab, it’s expected that…
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ADBE Stock: Adding Long Volatility Via A Long Straddle
Adobe (ADBE)stock has traded between 460 and 500 for most of two months with Bollinger Bands that are starting to…
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Jefferies Financial Closing In On Key Stock Performance Rating
Jefferies Financial Group (JEF) shares are trading near a three-year high as the banking and investment firm continues to put…
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Is AMAT Stock A Buy Right Now? Here’s What Earnings, Chart Show
Applied Materials (AMAT) has been on a strong uptrend since its last earnings report in November. The stock is only…
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Tesla’s China R&D Center For New $25,000 Car Eyes 2021 Completion: Report
Tesla (TSLA) expects to have its R&D center in Shanghai up and running by the end of this year in…
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Stocks Close Narrowly Mixed, As Leading Stocks Shine
The stock market shook off early weakness as indexes closed mixed, but leading stocks spearheaded gains. X Small caps led…
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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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Dow Jones Futures: Stock Market Rally Hits Highs, Bitcoin, Tesla Rival Nio Jump, But Note 3 Caution Signs; Twitter, Lyft, Enphase, Match, Cisco Are Key Movers Late
Dow Jones futures edged higher late Tuesday, along with S&P 500 futures and Nasdaq futures. The stock market rally had…
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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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FHFA will allow borrowers to prolong forbearance plans
WASHINGTON — The Federal Housing Finance Agency is allowing borrowers with loans backed by Fannie Mae and Freddie Mac to…
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Fed’s aid program for midsize businesses spent only 3% of its total
The Federal Reserve’s Main Street Lending Program, which was designed to provide emergency support to midsize U.S. companies during the…
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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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APPS Stock Flashes Possible Sell Signals As Digital Turbine Expands From Mobile Apps To Internet TV
Mobile app and advertising software maker Digital Turbine, the IBD Stock of the Day, bears watching for a climax top…
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IBD 50 Stocks To Watch: Palo Alto Networks In Buy Zone Ahead Of Earnings
Among leading growth stocks, our pick for today’s IBD 50 Stocks To Watch feature is Palo Alto Networks (PANW), which is…
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Johnson Outdoors Joins Elite List Of Stocks With 95-Plus Composite Rating
Johnson Outdoors stock has surged 44% just since late November, to about 123 Tuesday afternoon. And it’s more than doubled…
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Dow Jones Erases 140-Point Loss; Baidu, NetEase, JD.com Lead Nasdaq 100; Will Apple Be The Next Bitcoin Buyer?
The stock market wasn’t moving much in afternoon trading Tuesday as the Trump impeachment trial got underway on Capitol Hill.…
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MUFG’s Kevin Cronin promoted to CEO of Union Bank
The Japanese conglomgerate Mitsubishi UFJ Financial Group has promoted its head of coprorate banking in the U.S. to president and…
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