u.s. banking news
- Banking
Can pot banking bill pass with a lame-duck champion?
WASHINGTON — The decision of pot banking reform’s biggest champion to leave Congress at year-end won’t doom the legislation, but…
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Keurig Dr Pepper Stock In Buy Range; Relative Strength Rating Climbs To 84
Beverage giant Keurig Dr Pepper has been a steady Eddie during the pandemic, reporting double-digit profit growth and positive sales…
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Comerica takes steps to tackle climate risk
Comerica Bank in Dallas has started to build a process for gauging the dangers climate change poses to its business…
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Bank of America strikes upbeat tone on lending, profitability
Bank of America’s sprawling customer base is ramping up borrowing just as interest rates are poised to rise, setting the…
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IBD Stock Of The Day: AIG Stock Sets Up Amid Rebound
American International Group American International Group AIG $1.52 2.5% 8% IBD Stock Analysis Base has 62.64 buy point, but could…
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Stock Market Trades Flat After Tuesday’s Sell-Off; PG Stock And MSFT Gain
The stock market traded flat in early afternoon trading, after beginning the day with what looked like a nice session…
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Roku Stock: Why This Call Ratio Spread Has Upside Profit Potential
We recently talked about the expected range of some key stocks over earnings this week. Today, we are going to…
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New hires fuel Hancock Whitney’s 4Q loan growth
Hancock Whitney CEO John Hairston has a simple strategy for deploying the flood of deposits the Gulfport, Mississippi, bank has…
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Stock Market Bounces As Nasdaq Rises 1%; This Index Is Still Flat
The market bounced from the latest wave of selling, but indexes did not look so confident. Leading growth stocks lagged.…
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Stocks Generating Improved Relative Strength: Xenia Hotels & Resorts
On Tuesday, Xenia Hotels & Resorts (XHR) earned an upgrade to its Relative Strength (RS) Rating, from 66 to 71.…
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Stocks Showing Rising Market Leadership: Discovery Communications Earns 81 RS Rating
When looking for the best stocks to buy and watch, focus on those with rising relative price strength. One stock…
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Stocks Generating Improved Relative Strength: Graham
Graham (GHC) saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 64 to…
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DCP Midstream Shows Improved Relative Strength; Still Shy Of Benchmark
DCP Midstream (DCP) saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, rising from 68 to 71.…
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Record year seen for credit union buyouts of banks
Credit union acquisitions of banks are only expected to multiply in 2022 despite fierce opposition from banking industry associations and…
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Stocks With Rising Composite Ratings: Stock Yards Bancorp
On Tuesday, Stock Yards Bancorp (SYBT) got an upgrade for its IBD SmartSelect Composite Rating from 93 to 96. X…
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Himax Technologies Stock Scores Relative Strength Rating Upgrade
On Tuesday, Himax Technologies (HIMX) reached an important technical milestone, seeing its Relative Strength (RS) Rating jump into the 90-plus…
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Heico Stock Clears Benchmark, In Buy Range
The Relative Strength Rating for Heico (HEI) entered a new percentile Tuesday, with a rise from 78 to 81. Is…
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Wells Fargo taps longtime executive as its next chief risk officer
Wells Fargo has named company veteran Derek Flowers as its new chief risk officer, a key position as the megabank…
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Nasdaq Leads Downward Spiral As Stocks Dive And Yields Rise; Goldman And Microsoft Fall
The stock market closed sharply lower on Tuesday, led downward by the tech-heavy Nasdaq, as rising Treasury yields put pressure…
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Netflix Price Hikes Popular With One Group: Wall Street Analysts
Netflix (NFLX) subscribers won’t like the coming price increases for the streaming video service, but Wall Street analysts do. Still,…
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Dow Jones Plummets, Nasdaq Leads Downside; These Oil Stocks Score Breakouts As Energy Prices Rise
The Dow Jones Industrial Average sold off in today’s stock market and fell around 600 points as interest rates continued…
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Signature Bank reports record loan growth, profits in 4Q
Signature Bank in New York posted record loan growth in the fourth quarter as demand from commercial borrowers far surpassed…
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Citi said in talks with Fubon on $1.5 billion China asset sale
Citigroup, which has been shedding some of its retail operations as part of a global revamp, is in advanced talks…
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Microsoft To Buy Video Game Giant Activision For $69 Billion In Cash
Software behemoth Microsoft (MSFT) on Tuesday announced a blockbuster deal to buy video game publisher Activision Blizzard (ATVI) for $68.7…
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Amazon to reverse proposed U.K. ban on Visa credit cards
Amazon.com Inc. has made a last-minute reversal to its plan to ban the use of Visa Inc.’s credit cards issued…
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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…
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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…
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Biden’s Fed nominees would make history. Will they all make the cut?
WASHINGTON — The Biden administration’s picks to fill out the remainder of the Federal Reserve Board are a high-water mark…
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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…
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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…
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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…
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Sleep Apnea Device Maker Resmed Sees Improved Relative Strength
The Relative Strength (RS) Rating for Resmed (RMD) stock climbed into a new percentile Friday, as it got a lift…
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Is Snap Stock A Buy As It Prepares Augmented Reality For The Metaverse?
Social media company Snap (SNAP), creator of the Snapchat app, is breaking new ground in the field of augmented reality…
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Liberty Media Stock Strengthens; Bullishly Trading Near All-Time High
Like nearly every other company, conglomerate Liberty Media (LSXMA) took its lumps in the early days of the pandemic. And,…
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Trade group for state regulators drops suit over Figure’s bank charter
State regulators have dropped a lawsuit challenging Figure Technologies’ bank charter application after the San Francisco fintech dropped a controversial…
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Analysts: 8 Companies About To Double In Size Are Still Dirt Cheap
Everyone loves fast-growing companies in the S&P 500 — they just don’t want to pay up to own them. And…
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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…
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Dow Jones Futures Fall After Sell-Off; JPMorgan Slides On Earnings
Dow Jones futures moved lower Friday morning after, pointing toward further losses after the stock market sold off sharply Thursday.…
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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)?…
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Snap Stock Smacked On Downgrade Tied To Ad-Tracking Changes By Apple
Snap stock flopped Thursday as an equity analyst downgraded the social media company due to lingering concerns over changes Apple…
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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…
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Navient to pay $1.85 billion to settle deceptive lending charges
Over 66,000 student loan borrowers will see their debts wiped out under a $1.85 billion settlement between the student loan…
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Growth Leads Market Sell-Off; What To Do Now
Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures, with JPMorgan and other bank…
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PDC Energy Stock Sees Composite Rating Climb To 96
The IBD SmartSelect Composite Rating for PDC Energy (PDCE) increased to 96 Tuesday morning. The new rating is a sign…
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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…
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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…
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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…
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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…
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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…
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Stablecoin issuers say they’re unafraid of regulation
U.S. dollar stablecoins — digital assets that are supposed to always equal the value of a greenback — are growing…
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