banking news articles
- Banking
Tech Giants Apple, Amazon, Microsoft To Report While Fed Meets: Investing Action Plan
Here’s your weekly Investing Action Plan: what you need to know as an investor for the coming week. Tech stocks…
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IBD Live Q&A And Two Key Stock Lists For July 24, 2021
I watched Wednesday’s IBDLive last night. At around the 24 minute mark, Ali asked Chris to talk about position sizing…
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Cleanspark Inc Sees Relative Strength Rating Rise To 83
The Relative Strength (RS) Rating for Cleanspark Inc (CLSK) entered a new percentile Friday, with a rise from 80 to…
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How Long Can ‘Buy On The Dip’ Strategy For SPY Stock Last?
Buying on the dip is a great strategy, until it isn’t. The problem is when a market move is over,…
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What Gen Zers want in their banking apps
Digital allowance. Customizable debit cards. Goal-setting and saving with interest paid by parents or the bank. These are some of…
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SouthState goes big in Atlanta with deal for Atlantic Capital
In a move aimed at bolstering its presence in Atlanta’s competitive banking market, SouthState Corp. in Winter Haven, Florida, has…
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American Express braces for new competition in premium cards
American Express expects more pressure to win high-end cardholders, even though a major competitor, Citigroup, has dropped out of the…
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Why Annovis Stock Is Bucking The Trend In Alzheimer’s — And Two Others To Watch
Annovis Bio (ANVS) bucked the trend depressing Alzheimer’s stocks on Friday as ANVS stock touched a record high while Cassava…
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Associated’s spending priorities: Commercial expansion, digital upgrade
Associated Banc-Corp is expected to announce a new growth plan by mid-September that includes an investment in improving its digital…
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Dow Giant Eyes New High On 866% EPS Spike
American Express (AXP) crushed Q2 earnings estimates early Friday, as payment volumes in the U.S. pick up amid an economic…
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ZipRecruiter Stock Closes In On Key Technical Benchmark; IPO In Sweet Spot In Hot Jobs Market
Jobs platform ZipRecruiter stock went public at the end of May. It was good timing as the market recovers from…
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Handmade Goods Retailer Etsy Stock Sees Improved RS Rating
In a welcome move, Etsy (ETSY) saw its Relative Strength Rating improve from 70 to 74 on Thursday. The online…
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Hot EV Startup Rivian Plans A Second Factory Ahead Of IPO
Hot EV startup Rivian, backed by Amazon (AMZN) and Ford (F), plans a second assembly plant ahead of an IPO.…
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Intel Tops Second-Quarter Goals As PC Chips Offset Data Center Drop
Chipmaker Intel (INTC) late Thursday easily beat Wall Street’s targets for the second quarter thanks to robust PC processor sales.…
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Discover spends millions on ads, loosens credit in bid to spur lending
Worried about loan volume at a time when consumers are flush with cash, Discover Financial Services has relaxed the credit…
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NCUA tries to meet credit unions halfway on capital rules
The National Credit Union Administration board has approved a proposed rule to allow “complex” credit unions to opt out of…
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McDonald’s Stock A Buy? Dow Giant Breaks Out Ahead Of Earnings
McDonald’s stock advanced to a record high in Thursday stock market action, joining a restaurant stock rally fueled by Chipotle…
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BankUnited looks beyond Florida, New York for growth
BankUnited said it is looking to expand beyond its strongholds in Florida and New York, marking a major strategic shift…
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Stock Of The Day Rides Popularity With Tesla, Supercar Owners
Xpel Xpel XPEL $0.76 0.83% 186% IBD Stock Analysis Xpel stock cleared a 94.31 buy point intraday. The relative strength…
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Dividend Aristocrats Funds Whose Yield Tops The S&P 500 — But Beware Of Pitfalls
Looking for relatively safe yield? Especially yield that tops the S&P 500 average? The Dividend Aristocrats may be your answer.…
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Eagle Bancorp in settlement talks with SEC, Fed as CFO faces penalty
The Securities and Exchange Commission has sent a notice to Eagle Bancorp Chief Financial Officer Charles Levingston signaling that it…
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Biogen Earnings, Sales Top Q2 Views; Stock Rises
Biogen‘s (BIIB) marquee Alzheimer’s treatment, Aduhelm, brought in nearly $2 million in sales during its first-ever quarter on the market,…
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AT&T Stock Rises As Q2 Earnings, Revenue, Wireless Subscriber Additions Top Expectations
AT&T stock rose as June quarter earnings and revenue topped analyst estimates while wireless postpaid phone subscribers came in well…
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Dow Jones Today, Futures Up Ahead Of Jobs Data; Crocs, OneMain, CSX Rally; Microsoft’s Pre-Earnings Target Hike
Stock futures sketched out tentative gains Thursday, ahead of a busy morning of economic news. Earnings fueled some dramatic premarket…
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Crocs Earnings Beat As Sales Growth Accelerates Again
Crocs (CROX) easily beat second-quarter earnings forecasts early Thursday, with sales growth accelerating once again. Skechers (SKX) reports results after…
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Baron Opportunity Fund Wins By Investing In Innovators, Big And Small
Michael Lippert, manager of $1.6 billion Baron Opportunity Fund (BIOPX), knows what he wants. That’s stock in companies that are…
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Zions Bancorp Stock Shows Improved Relative Price Performance Amid Small-Cap, Bank Stocks Rebound
Small-cap stocks were laggards last month but that may be changing. For example, the small-cap tracking Russell 2000 rose 1.8%…
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Dow Jones Regains Another 286 Points After Monday Sell-Off; Netflix Stock, Coca-Cola Move On Earnings
The Dow Jones Industrial Average rebounded further in today’s stock market after an intense sell-off Monday that cost the index…
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Wells Fargo names new head of auto lending unit
Wells Fargo named a new head of its auto lending division, which has started to grow following a period when…
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Tenet Earnings On Tap As Hospital Stocks Flash Buy Signals
Tenet Healthcare (THC) rose further into a buy zone Wednesday, ahead of the hospital operator’s second-quarter results after the close.…
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MoneyGram draws takeover interest from Stellar, Advent
MoneyGram International, one of the largest money-transfer services in the U.S., has received preliminary takeover interest from Stellar Development Foundation…
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JPMorgan Chase entices Jamie Dimon to stick around with surprise award
Jamie Dimon’s five-year retirement joke just got serious. The billionaire chief executive officer of JPMorgan Chase was granted a special…
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DocuSign Stock Shows Relative Strength; Option Traders Eye Bull Put Spread
DocuSign stock is the top-rated stock in IBD’s enterprise software group because of strong fundamentals and technicals. X DocuSign‘s (DOCU)…
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Libor is dead. Long live choice.
Now is the time to transition away from the London interbank offered rate, the decades-old benchmark used to calculate the…
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Self-Driving Car Technologies Get A Lift With Lyft, Ford Deal
Good news for riders who don’t want a chatty Lyft (LYFT) driver. The ride-hailing service announced Wednesday that it will…
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Dow Jones Today, Futures Seek Balance After Rebound; Earnings Lift Chipotle, ASML Holdings; Will China Floods Hurt Apple?
Stock futures turned mixed early Wednesday, as markets sought middle ground after two days of volatile trade. Chipotle Mexican Grill,…
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Verizon Rises As Earnings, Revenue, Wireless Subscriber Adds Top Estimates
Verizon Communications (VZ) reported June-quarter adjusted earnings that topped estimates while revenue also came in above Wall Street targets. Verizon…
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Maravai Lifesciences Gets RS Rating Upgrade, Hitting 70+
In a welcome move, Maravai Lifesciences (MRVI) saw its Relative Strength Rating improve from 65 to 73 on Tuesday. X…
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As Bike Sales Fall, Peloton Jumps On Deal With Dow Giant
Upscale fitness bike maker Peloton (PTON) announced Tuesday that it is teaming up with insurer UnitedHealth Group (UNH) to offer…
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Growth Stocks Earnings Watch: Profit Estimates Rise For These Three Leaders
Today’s IBD Screen Of The Day focuses on growth stocks with profit estimates that analysts have been increasing. It’s one of…
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HCA Blasts Out Of Buy Zone On Earnings, Other Hospitals Hot
HCA Healthcare (HCA) reported second-quarter earnings that blew past analyst estimates as the hospital operator sharply raised full-year guidance on…
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Dow Jones Fights To Regain 549 Points From Prior Sell-Off; Bitcoin Slumps Below $30,000
The Dow Jones Industrial Average rebounded strongly in today’s market after an intense sell-off Monday that cost the index nearly…
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Fee income, credit quality boost FNB
Fee-income growth and a reserve release buoyed the $38.4 billion-asset FNB Corp. amid relatively flat lending and revenue in the…
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Broad Market Rally Lacks This; Six New Buys
Dow Jones futures tilted higher Tuesday night, along with S&P 500 futures and Nasdaq futures. The stock market rally rebounded…
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Regulators hit reset on CRA reform, commit to joint rulemaking
WASHINGTON — Federal bank regulators committed to rescinding the Trump-era reform of the Community Reinvestment Act, announcing a second attempt…
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Mining Giant Looks To Exit Oil Business, Once Deemed Long-Term Anchor, While It Still Can
Mining giant BHP (BHP) is mulling an exit from the multibillion dollar oil-and-gas business before a sale gets more difficult.…
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This Option Strategy Doubles The Yield On Dow Stock
When looking at the Dow Jones Industrial Index for income stocks, Dow Inc. (DOW) is right near the top for…
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Citizens upbeat on mortgages despite revenue slide
Mortgage banking revenue at Citizens Financial Group fell sharply during the second quarter after a surge sparked by low interest…
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Dow Jones Soars 580 Points, Led By American Express; 10-Year Yield Snaps Back, But Bitcoin Slumps Below $30,000
The stock market today held bullish gains in the late afternoon, one day after the S&P 500 and Nasdaq composite…
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Cheap Stocks To Buy: 5 To Watch Now
Bull market, bear market, or trend-less market? Regardless of what stage we’re in, some folks never tire of searching for…
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