american banking news
- Banking
Flush with capital, banks rush to repurchase stock
Share buyback programs, shelved by many banks early in 2020 amid pressure from regulators to preserve capital in the midst…
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Stock Market Mixed As Nasdaq Leads, Dow Jones Lags; How Did These 2 Dow Stocks Fare?
Stocks were mixed midday Tuesday, as the Dow Jones Industrial Average and S&P 500 traded lower but the Nasdaq and…
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What Is CAN SLIM? If You Want To Find Winning Stocks, Better Know It
Anyone who has spent at least a few weeks reading Investor’s Business Daily has come across this acronym: CAN SLIM.…
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Dow Jones Falls As Home Depot, Walmart Report Earnings; Tesla Reverses Higher
The Dow Jones Industrial Average traded down 100 points Tuesday, as Home Depot and Walmart both reported strong earnings results.…
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dv01 sets out to incorporate ESG into ABS data sets
Specialty securitization information company dv01 is tapping into strong demand from both issuers and investors for ESG information and analytics.…
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Berkshire exits Synchrony bet, adds stake in broker Aon
Warren Buffett’s Berkshire Hathaway exited a bet on Synchrony Financial during the first quarter as the company continued to pare…
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BofA expands affordable housing program to $15 billion by 2027
Bank of America is expanding a mortgage program for low- to moderate-income homebuyers in an effort to address racial wealth…
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IBD Screen Of The Day: Many Growth Stocks Show Rising Profit Estimates; Only One In A Proper Base
Today’s IBD Screen Of The Day column focuses on growth stocks showing rising profit estimates. It’s one of several powerful screens found…
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Bilibili Stock Shows Market Leadership With Jump To 91 RS Rating
Bilibili (BILI) had its Relative Strength (RS) Rating upgraded from 88 to 91 Monday. The streaming video content provider appeals…
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Top-Rated Stocks: NVR Sees Composite Rating Climb To 97
With mortgage rates still very low, housing in short supply and demand high, homebuilders remain a hot sector. And on…
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FDIC seeks feedback from banks about digital assets
WASHINGTON — The Federal Deposit Insurance Corp. on Monday issued a wide-ranging request for information on activities by banks to…
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Warren Buffett Cuts Stakes In Financial, Energy, Drug Stocks
Berkshire Hathaway (BRKB) chief Warren Buffett soured on several financial, energy and drug stocks in Q1, which saw overall net…
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California regulator hires consumer advocate to lead fintech office
The California Department of Financial Protection and Innovation has hired a veteran consumer advocate to lead a newly-created Office of…
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Financial regulators extend comment period on AI policies to July 1
Five federal regulators are giving financial institutions and the public an extra month to comment on the use of artificial…
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MUFG hires restaurant bankers away from Wells Fargo
Mitsubishi UFJ Financial Group has hired a team of bankers away from Wells Fargo in a bid to beef up…
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Apple Music Beats Spotify To Market With High-Fidelity Streaming Service
Apple Music dialed up the competition with rival Spotify on Monday by announcing a new high-fidelity streaming music offering at…
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IBD 50 Stocks To Watch: Is Apple Supplier Jabil In Buy Range As It Finds Key Support?
Apple supplier Jabil (JBL), featured in today’s IBD 50 Stocks To Watch, is in buy range as it scores triple-digit…
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The bankers turning free-spirited Libra into buttoned-down Diem
Alan Lane had his “aha” moment about digital currencies in 2013, when he bought his first bitcoin through Coinbase. Once…
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Palantir Technologies Stock Earns Technical Rating Upgrade Amid Growth Selloff
Palantir Technologies (PLTR) saw a welcome improvement to its Relative Strength (RS) Rating on Monday, with an increase from 65…
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Dow Jones Drops As Disney Weighs; Tech Stocks Lead Downside; Multiple Financial Stocks Trade Inside Buy Zones
The Dow Jones Industrial Average fell modestly in today’s market, extending its losses from last week. The tech-heavy Nasdaq led…
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IBD Live Q&A And Two Key Stock Lists For May 17, 2021
to the entire IBD Live International Team – a magnificent Midwest Monday morning – coming to you Live from Minneapolis!…
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Kansas’ Equity Bancshares is buying a crosstown rival
Equity Bancshares in Wichita, Kansas, has agreed to acquire crosstown rival American State Bancshares for $73 million in stock. The…
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CEO of American Eagle Financial CU to retire
Dean Marchessault, the longtime president and CEO of American Eagle Financial Credit Union, will retire at the end of the…
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Dow Jones Drops 200 Points As Disney Weighs; Tech Stocks Drag Nasdaq; Bitcoin Dives | Investor’s Business Daily %
Stocks extended last week’s losses as the Dow Jones Industrial Average tumbled nearly 200 points and tech stocks again pressured…
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Boston Beer Company Shows Improved RS, But Still Shy Of Benchmark
The Relative Strength (RS) Rating for Boston Beer Company (SAM) moved into a higher percentile Monday, as it got a…
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JPMorgan reopens offices across U.S. as pressure grows on rivals
For JPMorgan Chase, it’s another step toward post-pandemic normal, but for the U.S. financial industry it’s a bellwether. The nation’s…
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Inspirational Quotes: Drew Brees, Laura Ingalls Wilder, Dave Clark And Others
Read inspirational quotes about finding happiness in life, turning tough times into a positive and using simplicity to innovate on a…
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Dow Jones Today, Futures Lag; Bitcoin Dives As AT&T, Discovery Merge; Trip.com Upgrade Provides Boost
Stock futures shifted lower Monday despite strong action in several market areas. Media names rallied on news of an AT&T/Discover…
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AT&T, Discovery To Merge Media Assets In Mega-Deal Amid Global Internet Steaming War
AT&T (T) and Discovery Communications (DISCA) on Monday announced that they will merge their media assets in a megadeal that…
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Texas bill targets large banks’ gun policies. Small banks don’t object.
Large out-of-state banks have been working to defeat a bill in the Texas legislature that would lock them out of…
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COVID kills more than 1,000 bank employees as virus ravages India
Indian banks have lost more than a thousand employees and many more are infected, according to a industry body, underscoring…
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One Of The Best Mutual Fund’s Bets On Economic Reopening
The $4.5 billion American Century Select Fund (TWCIX) is among the best mutual funds, and these days many of its…
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How To Find The Best Growth Stocks: What Author Marcel Proust Can Teach About Investing
A friend or family member might ask you: Can you help me learn how to find the best growth stocks?…
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Dow Jones Up 250 Points Despite Plunging Disney Stock; Nasdaq Leads Stock Market Rebound
Stocks bounced back for a second session Friday as the Dow Jones Industrial Average rallied 250 points despite an earnings…
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Pool Stock’s Relative Strength Rating Jumps To 82 After Four Quarters Of Sales, Profits Racing Higher
Consumers turned from group activities to alternate leisure activities such as video games, hiking and swimming in a backyard pool…
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Why We Took Profits Into Strength On STLD Stock
If you haven’t realized it yet, this year is different from last year. Growth and technology have struggled while economic…
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Banks try online games, role-playing to teach soft skills
Technical skills such as how to use Excel are straightforward to teach online. Softer skills, such as clearly explaining pandemic…
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IBD Live Q&A And Two Key Stock Lists For May 14, 2021
to the entire IBD International Team Live from Minneapolis – are we ready for a fantastic Friday ??? Let’s make…
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Dow Jones Rises As Nasdaq Leads Market; Disney Stock Falls On Earnings While Airbnb Rises
The Dow Jones Industrial Average rose in today’s market, recovering more of its losses from earlier this week. The tech-heavy Nasdaq…
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Don’t be scared of the ‘S’ word
Recent news about Consumer Financial Protection Bureau investigations into the sales practices of two large banks may again have a…
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Green Dot to buy tax refund unit from Republic Bank for $165M
Green Dot, a prepaid card issuer that entered the tax refund processing business seven years ago, announced a $165 million…
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Fisker Stock Rallies On Electric-Vehicle Deal With Apple Supplier
Electric-car maker Fisker (FSR) has inked a vehicle-assembly deal with Foxconn Technology with plans to open a U.S. plant in…
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Snowflake Stock Rises On Analyst Upgrade Ahead Of Earnings, Investor Day
Snowflake stock rose Friday amid an analyst upgrade ahead of the enterprise software maker’s earnings and annual user conference planned…
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Chip Shortage Hits Headset Maker’s Revenue Guidance
Poly (PLT), a maker of enterprise headsets and audio and videoconferencing products, is the latest company to warn about chip…
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Beat Social Anxiety When You Return To The Office
Expect social anxiety to spike as more people go back to the office at least part of the time. Anyone…
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Retail Sales Fell Flat In April After Stimulus Surge; Dow Jones Futures Rise
Retail sales were unchanged in April vs. March, fading after the prior month’s surge amid stimulus checks and vaccine-fueled optimism.…
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Here Are The Leaders In Cloud Computing Spending — Maybe
Cloud computing giants Amazon.com (AMZN), Microsoft (MSFT) and Alphabet‘s (GOOGL) Google rank as the biggest spenders on technology along with…
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Dow Jones Today, Futures Rise On Covid Unmasking; Tesla Leads Rebound; Disney Tumbles On Earnings
Stock futures flexed early muscle Friday, after an easing of Covid-19 guidelines and as East Coast fuel supplies began to…
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Why Diem chose to be regulated in the U.S.
The Facebook-affiliated Diem cryptocurrency has changed almost everything about itself — name, structure, partners and timeline — since its inception.…
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With Less Chance To Network In Person, Advisors Get Contacts Online
For advisors eager to grow their business, networking takes center stage. They look for ways to build visibility and meet…
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