banking current events 2020
- Banking
Futures Rise; Tesla China Rival’s Sales Boom
Dow Jones futures rose modestly Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally held…
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Nio, Other Tesla Rivals In Focus As Futures Loom
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally held…
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Avantor Just One Of 17 New Stocks On IBD Watchlists For Weekend Study
IBD stock screens are regularly updated to add new stocks to watch, as well as weed out those that have…
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CFPB shelves plan to extend debt collection compliance deadline
The Consumer Financial Protection Bureau said two debt collection rules will go into effect on Nov. 30 as originally planned,…
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Citigroup CFO sees no impact from China’s regulatory crackdown
Citigroup’s chief financial officer said China’s recent moves to crack down on companies isn’t likely to harm the bank’s business…
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NCUA barred two former credit union employees in July
The National Credit Union Administration issued two new prohibition orders for the month of July, permanently barring a pair of…
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Stock Market New Highs: Hot IPO Stocks Global-E Online, SentinelOne March Higher
A down session for the stock market Friday still yielded plenty of new highs. X {“@context”:”https://schema.org”,”@type”:”VideoObject”,”name”:”IBD Live 101: A Beginner’s…
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Dow Jones Dips As Amazon Stock Plunges; China EV Stocks, Tesla Rally; Solar Stock Passes Buy Point
The Dow Jones Industrial Average fell back from record levels as stocks pulled back following a weak earnings report from…
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Clear Secure Cl A Trying To Close In On Key Technical Measure
The Relative Strength (RS) Rating for Clear Secure Cl A (YOU) moved up into a new percentile Friday, as it…
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What an unusual merger in New Jersey says about banking M&A
Some mutual banks are taking advantage of the surge in merger-and-acquisition activity, enabling them to build scale at the same…
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PayPal faces SEC probe of fees paid to banks behind debit cards
PayPal Holdings dropped after it said it’s facing probes from both the U.S. Securities and Exchange Commission and the Consumer…
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These 7 Stocks Turned $10,000 To $87,449 In Just 7 Months
Hope you didn’t follow doomsayers calling for the S&P 500 to fall this summer. The S&P 500 just put up…
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Market Rally Pauses On Earnings, But Several Stocks Flash Buys
The stock market rally traded around record highs, amid earnings from Apple (AAPL), Microsoft (MSFT), Google parent Alphabet (GOOGL), Facebook…
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Digital Marketing Made Easy: Advisors Create Catchy Videos And Gain Viewers
Advisors often see themselves as educators. If information is the new currency, they seek to spread the wealth by teaching…
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DWS Fund Wins With Stocks That Give Enterprises An Edge
Sebastian Werner manages of $2.4 billion DWS Capital Growth Fund (SCGSX), one of the best mutual funds. X He’s looking…
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Dow Energy Giant Beats Views On Rising Oil Prices
Exxon Mobil (XOM) and Chevron (CVX) reported better-than-expected earnings early Friday as crude oil prices surged more than 20% during the…
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Is Comcast Stock A Buy? With Tokyo Summer Olympics Underway, NBCU Hopes For Boost
Comcast stock historically has not made big runs from breakouts. That’s not to say that CMCSA stock doesn’t have good…
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Fox Factory Springs To Action, Enters Earnings Season Watchist
Fox Factory (FOXF) is expected to report earnings on Aug. 5. Fox Factory now trading 3% below the 166.98 buy…
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Deckers Outdoor Blows Away Forecasts, Lifts Guidance
Deckers Outdoors (DECK) reported a surprise first-quarter profit late Thursday after rival Crocs (CROX) warned on the supply chain earlier…
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Pinterest User Growth Misses Estimates, And The Stock Plummets
Pinterest (PINS) reported second-quarter results late Thursday that soundly beat estimates but fell short on user growth expectations. Pinterest stock…
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Atlassian Stock Jumps As Earnings Beat, Outlook Tops Views Amid Cloud Transition
Atlassian stock soared on Thursday after the software maker reported fiscal fourth-quarter earnings that topped estimates and forecast higher-than-expected subscription…
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Tech Futures Fall On These Big Losers
Dow Jones futures were little changed Thursday night, while S&P 500 futures fell slightly and Nasdaq futures retreated solidly as…
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Biotech Giant Beats Views, Narrows EPS Guidance
Gilead stock edged lower late Thursday after the biotech company reported adjusted earnings of $1.87 per share on $6.217 billion…
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House committee advances bill to address Libor transition
WASHINGTON—The House Financial Services Committee voted Thursday to advance a bill to address the transition away from the London interbank…
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Etsy Stock Is Ramping Up Again; Could This Bull Put Spread Make A 17% Return By August?
Over the last few weeks, we have been looking at the concept of expected range for a stock over an…
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Fees paid to Fannie and Freddie could help fund infrastructure plan
WASHINGTON — The Senate’s nearly $1 trillion bipartisan infrastructure proposal would be partially funded with an extension of the hike…
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Rockwell Stock Strength Rating Climbs To 72; Upgrade Follows 75% Profit Growth Last Quarter
In a welcome move, industrial giant Rockwell Automation (ROK) saw its Relative Strength Rating improve to 72, up from 69…
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What PayPal is including in its super app
PayPal has finished coding its so-called super app, but will still be adding core services long after the product launches.…
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Zelle becoming linchpin in faster payments as its traffic grows
Early Warning’s Zelle network on Thursday reported strong-second quarter growth, and it’s connecting more payments systems with each other —…
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Nikola Stock Dives As Founder Trevor Milton Charged With Fraud
U.S. prosecutors charged Nikola (NKLA) founder Trevor Milton with misleading investors, almost a year after a scathing short-seller report accused…
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Disney Imagineer Bob Gurr Puts Theme Park Magic Into Motion
LOS ANGELES — It took more than Tinker Bell and fairy dust to create the magic of America’s best known…
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Mattress Maker’s Earnings Spike 295% As Sales Growth Booms
Mattress maker Tempur Sealy (TPX) on Thursday reported second-quarter earnings that easily beat views. TPX stock rose modestly Thursday. X…
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Merck Earnings Meet Views, Sales Top With Stock In Buy Zone
Merck stock fell a fraction early Thursday after the pharmaceutical giant reported adjusted earnings of $1.31 per share on $11.4…
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Composite Rating For Chipmaker Monolithic Power Systems Stock Rises To 96
The IBD SmartSelect Composite Rating for Monolithic Power Systems (MPWR) rose from 93 to 96 Wednesday. X The revised score…
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Stock Of The Day Nears Buy Point On Booming Prices
Lennar Lennar LEN $1.49 1.46% 48% IBD Stock Analysis Working on 110.71 buy point Strong EPS, revenue growth amid high…
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Boeing To Redo Starliner Launch In Vastly Different Space
Much has happened since the first launch attempt of the Boeing Starliner capsule in 2019. The Covid-19 pandemic upended life…
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Old Dominion Stock Shows Improved Strength As Economy Opens, More Goods Shipped
On Wednesday, the Relative Strength (RS) Rating for Old Dominion Freight Line (ODFL), one of the biggest trucking firms, rose…
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ServiceNow Stock Wavers As Quarterly Earnings, Outlook Beat Estimates
ServiceNow stock edged up late Wednesday after the enterprise software maker late Wednesday reported second-quarter earnings and revenue that topped…
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SBA gives banks a break on PPP loan forgiveness
The Small Business Administration will allow borrowers with Paycheck Protection Program loans of $150,000 or less to apply online for…
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How New York Community plans to make most of Flagstar acquisition
New York Community Bancorp has already crossed off several items on its merger to-do list: It has formed an integration…
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EV Charging Stocks Pop On Bipartisan Senate Infrastructure Deal
EV charging stocks ChargePoint (CHPT), Blink Charging (BLNK) and EVgo (EVGO) jumped Wednesday on reports that funds to support an…
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Swift aims be more fintech-like with faster cross-border payments
The global bank consortium Swift this week launched a high-speed international payments service, giving banks a way to compete more…
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Apple’s iPhone Supercycle Is Real And It’s Spectacular
Apple‘s (AAPL) June-quarter report provided further evidence that the company is experiencing an iPhone supercycle as consumers upgrade en masse…
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Generating Extra Yield From Microsoft Stock With Covered Calls
In an era of ultralow interest rates, the search for yield has become even more crucial. X The current yield…
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The case against returning to normal
Many individuals whose financial health was impacted by the COVID-19 pandemic continue to struggle, even as the economy recovers. For…
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Robinhood Stock To Debut In One Of 2021’s Biggest, Most Unconventional IPOs
Robinhood stock will debut after a head-spinning year of highs and lows for the startup that disrupted how millions of…
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Generac Earnings Jump Amid Strong Demand For Backup Power
Power-backup systems maker Generac (GNRC) reported stronger-than-expected second-quarter earnings early Wednesday, as demand picks up amid wildfires, hurricanes and other…
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Dow Jones Falls Ahead Of Fed Policy Decision; Apple Stock Sells Off On Earnings, While Boeing Surges
The Dow Jones Industrial Average declined 95 points Wednesday ahead of the Federal Reserve’s policy decision. Apple stock sold off…
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Shopify Rises On Blowout Earnings Amid Slowing Gross Merchandise Volume
Shopify earnings and revenue and for the second quarter topped analyst estimates on Wednesday as gross merchandise volume slowed from…
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Fed Meeting: Stock Market Reaction Hinges On These 4 Words
There’s one big question for today’s Federal Reserve meeting. Are we “still a ways off” from seeing sufficient economic progress…
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