banking news articles
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NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF SHAREHOLDER DERIVATIVE LITIGATION
UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA OAKLAND DIVISION NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF…
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Dow Jones Futures: Stock Market Rally Hot, But Watch For This; Square, JPMorgan, Apple Supplier Near Buy Points
Dow Jones futures will open for trading on Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock…
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Best ETFs And Mutual Funds Gain In Q1 In Spite Of Higher Yields, Interest Rate Fears
Major funds among the best ETFs and mutual funds posted sharp gains in the first quarter in spite of higher…
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BofA’s new sustainable financing goal: $1 trillion by 2030
Bank of America is boosting its environmental financing goal, aiming to provide $1 trillion in financing for sustainable and low-carbon…
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Why Gravity Payments isn’t pursuing a bank charter — yet
Like some other fintech upstarts, Gravity Payments may one day pursue a bank charter, but for now its main focus…
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Laser Photonics II-VI Stock Sees Composite Rating Climb To 96
II-VI (IIVI) saw an improvement in its IBD SmartSelect Composite Rating Friday, from 93 to 96. The laser photonics specialist…
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IPO Plans For Topps Targets Non-Fungible Tokens As Growth Accelerator
Beauty is in the eye of the beholder, as the saying goes. And for many these days that beauty is…
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Stock Market Rally Gains Steam As Apple, Microsoft, Google, Facebook Lead Tech Revival: Weekly Review
The stock market rally gained momentum, as Microsoft (MSFT), Facebook (FB) and Google parent Alphabet (GOOGL) broke out to record…
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Tower Semiconductor Sees RS Rating Rise To 71
The Relative Strength (RS) Rating for Tower Semiconductor (TSEM) entered a new percentile Thursday, as it got a lift from…
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Top Marijuana Stock Could Fill Key Void With Latest Buyout As Competition Increases
Canopy Growth (CGC) on Thursday said it would buy rival Supreme Cannabis to fatten the Canadian pot producer’s recreational market…
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The Global Chip Shortage Isn’t Done Squeezing Auto Plants
General Motors (GM) is pausing production at several North American plants due to the global chip shortage affecting the entire…
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PTC, IBD Stock Of The Day, Flirts With Buy Zone Ahead Of Earnings Report
P T C Inc P T C Inc PTC $3.41 2.38% 7% IBD Stock Analysis Stock flirting with buy point…
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SEFCU welcomes 1,500 for COVID vaccination clinic
State Employees Federal Credit Union in Albany, N.Y., which does business as SEFCU, hosted more than 1,500 consumers this week…
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Why Eastern Bank is paying top dollar for longtime rival
Eastern Bankshares has returned to bank acquisitions with a deal that will likely shake up the landscape in Boston. The…
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Avant, online lender to near-prime consumers, buys a neobank
The online lender Avant, which has offered credit to near-prime customers since 2013, is a step closer to becoming a…
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Goldman, BofA, JPMorgan line up to fund Nubank’s Mexico venture
The Mexican unit of the fintech Nubank, the world’s biggest standalone digital bank, is getting a $135 million injection to…
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IBD Live QA Summary, Stock Lists For Thursday, April 8, 2021
to the entire IBD International Team Live – a thriving Thursday morning !! (alive in Mpls) Good morning everyone! Death…
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MSUFCU hits $6B of assets with more growth planned
Michigan State University Federal Credit Union in East Lansing has surpassed $6 billion of assets, doubling in size since the…
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National Beverage Key Stock Rating Climbs Amid Outstanding Profit Growth
National Beverage is one of the few companies that emerged from the coronavirus recession relatively unscathed. The soft drink maker’s…
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Sherrod Brown seeks answers from banks linked to Archegos
Senate Banking Committee Chairman Sherrod Brown asked banks involved with Bill Hwang’s Archegos Capital Management to explain their role in…
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Walmart files for trademark for fintech unit: ‘Hazel by Walmart’
Walmart Inc.’s financial technology venture, still shrouded in mystery, now has a possible name: Hazel by Walmart. The world’s largest…
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Post-Covid ‘Digital Attention Recession’ Coming For Netflix, Roku, Others
Entertainment companies that got a boost from consumers stuck at home during the Covid-19 pandemic face a “digital attention recession”…
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Dow Jones Today Hovers, Nasdaq Futures Climb Ahead Of Jobless Data; Chip Shortage Slows Apple Orders
Stock futures held to positive ground early Thursday, ahead of weekly jobless claims data, and after two sessions of quietly…
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Eastern Bankshares to buy Century Bancorp for $642 million
Eastern Bankshares in Boston has agreed to buy Century Bancorp in Medford, Mass. The $16 billion-asset Eastern said in a…
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Boston Private, activist investor spar over pending SVB merger
Boston Private Financial Holdings and an activist investor sharpened their pitches to shareholders in advance of a meeting to vote…
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Dow Slides As Market Struggles; Apple Retakes Key Benchmark; This Sign Buoys Cruise Stocks
The Dow Jones Industrial Average retreated amid a broad stock market pullback. Microsoft (MSFT) moved higher in a buy zone…
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Goldman faces vote on report of mandatory-arbitration impact
After Wells Fargo became the first of the largest U.S. banks to do away with mandatory arbitration for sexual-harassment complaints…
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AstraZeneca Stock Plagued As Issues Continue To Mount For Covid Vaccine
AstraZeneca stock dipped Wednesday after European regulators found a possible link between the company’s Covid vaccine and rare cases of…
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Applied Materials Outlook Called Conservative; Analysts Hike Price Targets
Applied Materials (AMAT) stock dropped after the semiconductor equipment maker gave its outlook for the next four years at a…
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Wayfair Stock Among 8 Growth Stocks Furnishing New Buy Points
With earnings season on the horizon, several growth stocks are setting up potential new runs. Wayfair (W), Logitech (LOGI) and…
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Dow Rises, Tech Stocks Fall As Treasury Yields Flatten; Apple, Tesla Drop
The Dow Jones Industrial Average briefly rallied 50 points early Wednesday, as Bitcoin slid and Treasury yields steadied. Apple and…
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How To Trade Stocks: Breakout From Bottoming Base Yielded Ideal Entry For This FANG Stock
A monthly chart for Google stock, officially known as Alphabet, shows a huge price gain since the company’s IPO in…
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Biden, touting Fed independence, yet to speak with Powell
President Biden said he hasn’t spoken with Federal Reserve Chair Jerome Powell since taking office more than two months ago,…
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Dividend Bonanza Is Here: 16 Stocks Boost Payout Up To 9,900%
S&P 500 companies are awash in cash. And one of the only ways to get rid of it is to…
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Bitcoin trade group launched; FDIC unveils program for unbanked
Receiving Wide Coverage … Just right In his annual letter to shareholders, the Financial Times reports, JPMorgan Chase CEO Jamie…
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IBD 50 Stock Fortinet Gets Promising RS Upgrade
On Tuesday, Fortinet (FTNT) received an upgrade to its Relative Strength (RS) Rating, from 69 to 72. X When looking…
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Eastern Bankshares buys insurance agency
Eastern Bankshares in Boston has acquired NorthBridge Insurance Agency in Concord, Mass. The $16 billion-asset company did not disclose the…
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Fibrogen Plunges On Murky Safety Disclosure For Controversial Drug
Fibrogen stock plummeted late Tuesday on a murky disclosure for its controversial anemia treatment in chronic kidney disease patients. X…
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Southwest Airlines Sees Rising Relative Strength Rating To 81
On Tuesday, Southwest Airlines (LUV) hit a key technical benchmark, with its Relative Strength (RS) Rating entering into the 80-plus…
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Chinese Electric Scooter Stock Rallies As Q1 Sales Rebound
China’s Niu (NIU) reported a surge in electric scooter sales for the first quarter, which lapped last year’s pandemic-hit Q1,…
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Laramie Plains FCU rebrands as StagePoint
Laramie Plains Federal Credit Union in Laramie, Wyo., has a new identity. The $65 million-asset institution said in a Monday…
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Dow Jones Today, Futures Slack As Europe Rallies; Microsoft, Masco, GreenBox In Buy Ranges; Cara Joins S&P 600
Stock futures sifted lower in quiet early trade Tuesday, pausing after Monday’s strong session, as markets in Europe rallied out…
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CFPB asks for longer foreclosure moratorium; China launching digital currency
Receiving Wide Coverage … Extension asked The Consumer Financial Protection Bureau proposed Monday to extend a moratorium on mortgage foreclosures…
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Biden’s Tax Plan: Latest Likely Changes, How To Cope
President Joe Biden’s tax plan is really several tax plans. The bottom line for all of his tax proposals: Tax…
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Bull Call Spread Option Idea On Google Stock Takes Advantage Of Lower Volatility
Alphabet (GOOGL) is one of five tech giants near buy points to watch this week. X Implied volatility on the…
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Movie Theater Imax Stock Reaches 80-Plus Relative Strength Rating Benchmark
On Monday, Imax (IMAX) cleared a key performance benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile…
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Biden Approval High Amid Infrastructure, Tax-Hike Push: IBD/TIPP
President Joe Biden’s approval rating dipped slightly in the new IBD/TIPP Poll. Yet he’s still enjoying a relative honeymoon as…
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Shopify An Enigma; Shares, Profits Soar, But Big Money Investors Shy Away
Website hosting and services platform Shopify‘s (SHOP) stock soared more than 1,000% in just over two years. It rose from…
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IBD 50 Stock To Watch PTC, A 5G Smart Factory Play, Rallies Toward Its Buy Point
Monday’s IBD 50 Stock To Watch is Boston-based software developer PTC Inc. (PTC), which is riding the rising 5G wireless…
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Transparency, diversity make Vestwell a Best Fintech to Work For
Vestwell, which helps financial institutions administer workplace investing programs such as 401(k)s, keeps employees informed about its goals, involves people…
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