daily banking news
- Banking
Inspirational Quotes: Coretta Scott King, Mohandas Gandhi And Others
Read inspirational quotes about serving others, making your mark when history is ready and turning hardships into inspiration to help more…
Read More » - Banking
Five Stocks Near Buy Zones In Tough Market
Deere (DE) and CAT stock lead this weekend’s watch list of industrial stocks holding strong amid recent market volatility. Along…
Read More » - Banking
Market Rebound Fizzles; Taiwan Semi Breaks Out: Weekly Review
The stock market rally rebounded from Monday’s lows, with the Nasdaq recovering from below its 200-day line. But the market…
Read More » - Banking
Altria Stock Gets Technical Rating Upgrade With Price Improvement
Altria (MO) saw a positive improvement to its Relative Strength (RS) Rating on Friday, rising from 66 to 73. X…
Read More » - Banking
How to Generate Passive Income Through Franchise Investing
Investors have long thought of franchise ownership as a preferred method of achieving stable investment portfolio diversification. It offers high-yield…
Read More » - Banking
Goldman Sachs, Charles Schwab Earnings Due
Investment banks Goldman Sachs (GS) and Signature Bank (SBNY), as well as brokers Charles Schwab (SCHW) and Interactive Brokers (IBKR),…
Read More » - Banking
Tesla Growing Fast, But This EV Rival Is Catching Up
Tesla (TSLA) and BYD Co. (BYDDF) are both fast-growing EV giants. While a lot of attention falls on startups such…
Read More » - Banking
Macau Gaming Stocks Rally, After This ‘Overhang’ Lifts
Macau-focused gaming stocks like MGM Resorts International (MGM), Las Vegas Sands (LVS) and Wynn Resorts (WYNN) rallied Friday, after regulators…
Read More » - Banking
CrossFirst hires longtime Dallas banker to lead growth in Texas
CrossFirst Bankshares in Leawood, Kansas, has hired David Felan, a 25-year banker based in Dallas, to lead its expansion there…
Read More » - Banking
Deere Stock Plows Towards Buy Point
Deere & Co. Deere & Co. DE $3.69 0.97% 25% IBD Stock Analysis After a long consolidation, Deere has formed…
Read More » - Banking
Wells Fargo expects broad loan growth in 2022
Wells Fargo executives are optimistic that loan growth will accelerate in 2022 after the bank recorded a small pickup in…
Read More » - Banking
Citigroup’s retail services chief leaves bank for outside job
Citigroup’s David Chubak, who last year took over as head of the firm’s store credit card business, is departing for…
Read More » - Banking
Investing Action Plan: Bank, Airline, Railroad And Netflix Earnings
Here’s your weekly Investing Action Plan as the stock market heads into a four-day trading week, shortened by Monday’s Martin…
Read More » - Banking
First Republic in no hurry to find next CEO after key departures
Executives at First Republic Bank sought to assure investors of the company’s stability in the midst of recent management turnover,…
Read More » - Banking
‘We intend to win’: JPMorgan Chase’s Dimon defends spending surge
JPMorgan Chase has deeper pockets than its competitors and Chairman and CEO Jamie Dimon made clear on Friday that the…
Read More » - Banking
Check Point Stock Pops On Upgrade As New Customer Growth Picks Up
Check Point Software Technologies (CHKP) is adding new customers at a faster rate, said an analyst who upgraded the cybersecurity…
Read More » - Banking
The top risks facing banks in 2022 are all operational
Managing risk is critical for organizations large and small. But doing so is more complex than ever, with new risks…
Read More » - Banking
Growth Stocks To Buy Bouncing Off Support Levels
While a look inside the IBD 50 list of growth stocks reveals few stocks breaking out of proper bases now,…
Read More » - Banking
Stock Market Mixed As Techs Rise, Financials Tumble; 2 IBD 50 Stocks Fall Below Key Levels
The stock market opened lower Friday morning but bounced off session lows, leaving the major indexes mixed. Most sectors fell…
Read More » - Banking
Roblox Stock: Is RBLX A Buy Right Now? Here’s What Earnings, Stock Chart Show
San Mateo, Calif.-based Roblox (RBLX) is a popular video game platform that is considered a play on the emerging metaverse,…
Read More » - Banking
Citigroup’s consumer banking revenue slips 6%
Citigroup offered investors a stark reminder of the unpredictability of trading — posting a steeper-than-expected drop in revenue from those…
Read More » - Banking
Retail Sales Surprisingly Weak As Online Buys Tumble; Futures Fall
Retail sales unexpectedly slid 1.9% in December, far worse than expected, as online sales dived. It didn’t help that the…
Read More » - Banking
Wells Fargo’s consumer loans fall 10%
Wells Fargo said it expects a key measure of lending to pick up this year, a sign that clients are…
Read More » - Banking
This Research Tool Helps Investors Find Winning Stocks
Proper research is one of the key factors in how to buy stocks the right way. X IBD offers investors…
Read More » - Banking
Apple AR Glasses: How Big Is The Business Opportunity?
With speculation rising that Apple (AAPL) could announce a headset for virtual reality or augmented reality this year, one Wall…
Read More » - Banking
Why This Top Schwab Portfolio Underweights Tesla
What can you learn about stock picking from one of the best mutual funds? Like, should you underweight Tesla (TSLA)?…
Read More » - Banking
Taiwan Semiconductor Stock Breaks Out After Earnings Beat
Taiwan Semiconductor Manufacturing (TSM), the world’s largest chip foundry, on Thursday beat analyst estimates for the fourth quarter. TSM stock…
Read More » - Banking
Bank economists see ‘blue skies’ on other side of omicron
Economists from some of the nation’s largest banks expect a buildup of inventory among U.S. businesses this year that could…
Read More » - Banking
Delta Tops Views Despite Omicron Surge, Still Sees 2022 Profit
Delta stock tracked other airline stocks higher Thursday after fourth-quarter results beat expectations. The carrier said it expected “meaningful profit”…
Read More » - Banking
Fed Balance Sheet Plan: What It Means For Economy, Markets
The Federal Reserve gave the stock market a jolt on Jan. 5 when minutes from the December meeting revealed a…
Read More » - Banking
Largest seller of stolen credit cards on dark web shuts down
Another seller of stolen credit cards on the dark web appears to be closing up shop. UniCC has posted on…
Read More » - Banking
This Real Estate Play Soars On Earnings, Guidance
Homebuilder KB Home reported stronger-than-forecast fourth-quarter results late Wednesday. Industry heavyweight Lennar boosted its dividend by 50%. KBH stock soared…
Read More » - Banking
The District Credit Union in Colorado names new CEO
The District Credit Union in Aurora, Colorado, has promoted Steve Bouras to be its president and chief executive. The $150…
Read More » - Banking
FTC settles with Dun & Bradstreet over business credit reporting errors
The credit reporting company Dun & Bradstreet is settling charges that it deceived small businesses over the benefits of a…
Read More » - Banking
Brainard stops short of endorsing climate stress tests for banks
WASHINGTON — Federal Reserve Gov. Lael Brainard on Thursday downplayed the impact that the U.S. central bank could have on…
Read More » - Banking
Citi to sell Southeast Asian units to UOB Group for $3.6 billion
Citigroup has agreed to sell consumer-banking businesses in Indonesia, Malaysia, Thailand and Vietnam to United Overseas Bank Ltd. for about…
Read More » - Banking
United Community Banks Stock Near Buy Zone Before Next Earnings Report
If you’re looking for stocks that are setting up in a base ahead of their next earnings report, here’s one…
Read More » - Banking
Dow Jones Rallies 400 Points As Stock Market Rebounds; Netflix Soars To New High
Stocks rallied midday Tuesday, with the Dow Jones Industrial Average up more than 400 points as the key market indexes…
Read More » - Banking
Why This Biotech Stock With A Kardashian-Backed Drug Just Hit A Record
Biohaven Pharmaceuticals (BHVN) crushed Wall Street’s third-quarter forecasts for migraine tablet Nurtec ODT, leading BHVN stock to another record high…
Read More » - Banking
Netflix Stock Riding High On ‘Squid Game’ Buzz
Netflix stock has gotten a lift lately from the rollout of its fall content slate, led by hit dystopian drama…
Read More » - Banking
Weyerhaeuser Gets IBD Stock Rating Upgrade
Weyerhaeuser (WY) saw an improvement in its IBD SmartSelect Composite Rating Tuesday, from 94 to 96. The new score means…
Read More » - Banking
Dow Jones Rallies After Market Sell-Off; Apple, Microsoft Bounce
The Dow Jones Industrial Average rallied more than 250 points Tuesday following Monday’s stock market sell-off. Apple and Microsoft looked…
Read More » - Banking
Economic Outlook Dims As Stimulus Lapses, Stocks Fall: IBD/TIPP
Americans have grown more pessimistic about the outlook for the U.S. economy with the lapse of unemployment benefits even as…
Read More » - Banking
Bank of America says 5 million customers now use its Life Plan tool
Life Plan, a tool Bank of America rolled out a year ago to help customers pursue goals like buying a…
Read More » - Banking
Futures Try To Rally After Big Sell-Off; Facebook Still In Focus
Dow Jones futures rose modestly Tuesday morning, along with S&P 500 futures and Nasdaq futures, after Facebook (FB), Nvidia (NVDA),…
Read More » - Banking
Think October Is Jinxed For Stocks? You’ve Not Seen Anything Yet
S&P 500 investors expect stocks to get jinxed in October — and that’s happening this year so far. But stocks…
Read More » - Banking
Where CFPB will focus fair-lending probes under new chief
As Rohit Chopra gets set to take the helm of the Consumer Financial Protection Bureau, many expect fair lending to…
Read More » - Banking
The Postal Service’s tiny check-cashing test sparks a big reaction
It’s a far cry from the postal banking system that progressives favor and bankers dislike, but the U.S. Postal Service’s…
Read More » - Banking
Monarch Casino & Resort Sees Composite Rating Climb To 97
Monarch Casino & Resort (MCRI) saw an improvement in its IBD SmartSelect Composite Rating Monday morning, from 94 to 97.…
Read More » - Banking
Copa Stock Scores Relative Strength Rating Upgrade; Hits Key Threshold
Copa (CPA) stock had its Relative Strength (RS) Rating upgraded from 77 to 83 Monday. X When looking for the…
Read More »
