banking news today
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8 Stocks Use Warren Buffett’s ‘Costless’ Trick To Make Money
Very little gets past Warren Buffett when it comes to investing. But even he seems genuinely amazed how stock buybacks…
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5 Stocks Routinely Outperform During ‘Wild’ Month Of March
March is famous for throwing S&P 500 investors for a loop — especially during last year’s coronavirus stock crash. But…
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First Midwest Bancorp, A Stock With Rising Relative Strength
On Monday, First Midwest Bancorp (FMBI) received an upgrade to its Relative Strength (RS) Rating, from 70 to 73. X…
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Nuance Communications Meets 80-Plus Relative Strength Rating Benchmark
Nuance Communications (NUAN) saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 78 to 81.…
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Interagency breakthrough on CRA looks to be in reach
WASHINGTON — As the Biden administration fills out its roster of bank regulators, optimism is growing that agencies that had…
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GM, IBD Stock Of The Day, In Buy Range As EV Plans Unfold
General Motors Company General Motors Company GM $1.21 2.36% 39% IBD Stock Analysis Rebounds bullishly from 10-week moving average Retakes…
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Amalgamated makes environmental, social values part of bottom line
The leaders of Amalgamated Bank in New York had shared a fundamental challenge facing many well-meaning heads of public companies:…
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MercadoLibre Fourth Quarter Beats On Revenue, Misses Widely On Earnings
MercadoLibre (MELI) reported fourth-quarter results late Monday that topped revenue estimates but missed widely on earnings. MELI stock fell. X…
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JNJ Stock Rises In Buy Zone As U.S. Begins Distributing Third Covid Vaccine
Distribution began Monday for Johnson & Johnson‘s (JNJ) newly authorized one-shot coronavirus vaccine, leading JNJ stock to pop in early…
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Dow Jones Rises Over 700 Points As Indexes Recover Some Of Last Week’s Sell-Off; These Dow Stocks Trade Near Buy Zones
The Dow Jones Industrial Average held strong gains in today’s stock market as positive vaccine news boosted stocks across the…
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IBD Screen Of The Day: Stocks To Buy And Watch Include Celsius, InMode, Rio Tinto
Today’s IBD Screen Of The Day column focuses on stocks showing increases in fund ownership in recent quarters. It’s one…
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Pen Air’s new CEO no stranger to the corner office
Pen Air Federal Credit Union in Pensacola, Fla., hired Delbert Lee Morgan as its new president and chief executive. Delbert…
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Notice of Offer to Purchase for Cash Up to 500,000 Shares of Class A Common Stock of Facebook, Inc. at $290.00 Net Per Share by Tutanota LLC
This announcement is neither an offer to purchase nor a solicitation of an offer to sell Shares (as defined below).…
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Fannie, Freddie double their funding for affordable housing projects
WASHINGTON — After loans backed by Fannie Mae and Freddie Mac skyrocketed last year due to heightened refinancing activity, the…
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On Fraser’s first day as Citi CEO, a net-zero emissions pledge
On her first day as CEO, Citigroup’s Jane Fraser vowed that the bank would achieve net-zero greenhouse-gas emissions in its…
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Week ahead: Pandemic pushes GAC online
The credit union industry’s biggest annual gathering kicks off this week but the event will be far from normal. The…
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CFPB director is supposed to be an apolitical job
Since its inception a decade ago, the Consumer Financial Protection Bureau has been a political hot potato — tossed from…
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How To Invest: An Nvidia Shakeout, And The Reason For CAN SLIM’s 5% Buy Zone
Learning new languages is tough. And learning how to invest and read stock charts, for most of us, certainly requires…
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Is Etsy Stock A Buy Right Now? Here’s What Earnings, Charts Show
Etsy (ETSY) has been one of the biggest beneficiaries of the pandemic-fueled surge in online shopping, as demonstrated with its…
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Dow Jones Futures Jump As House Passes Stimulus Bill; Nio, Zoom Video To Report Earnings
Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, were sharply higher Monday as the House passed…
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The Fraser era begins; Goldman’s consumer finance chief jumps to Walmart
Receiving Wide Coverage … Fraser takes the helm Jane Fraser, “the first woman to run a major U.S. bank,” takes…
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How the pandemic has changed small banks’ views of CRE
Fallout from the pandemic is reshaping community banks’ views of commercial real estate. Social distancing measures have restricted retail and…
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Taiwan Semiconductor, GM Lead Stocks Holding Up In Weak Market Action
Taiwan Semiconductor (TSM), General Motors (GM), Williams-Sonoma (WSM), Lam Research (LRCX), and Five Below (FIVE) are five top stocks to…
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Is Bristol Myers Stock A Buy As Shares Flounder After Fourth-Quarter Beat?
Bristol Myers Squibb (BMY) topped fourth-quarter expectations in February, but BMY stock floundered following the report. X Bullishly, worldwide sales…
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Spark Profitable New Ideas By Speaking These Right Words
If you want to spur your team to innovate new ideas, it helps if you communicate with passion. Convey your…
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Third Stimulus Checks: How To Get A Bigger Payment
Congress is nearing passage of the third economic stimulus check it will send out to you and other taxpayers as…
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Selling Before NVCR Stock Earnings Captured Quick Gain
Between earnings and a market pullback, swing trading hasn’t been easy. But reducing exposure in names like Novocure stock last…
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Heat’s on lenders to reduce climate risk. Big question is how.
Environmentalists have called on banks to disclose the climate risks associated with their lending activities, but the short-term nature of…
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IBD Live Q&A And Two Key Stock Lists For Feb. 26, 2021
Big band for big profits. Sweet! Ha! In time when the market starts getting is groove back, eh, Mike? Hat…
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NCUA bans ex-NYPD officer who embezzled from Municipal Credit Union
The National Credit Union Administration issued only one prohibition in February, barring a former member of the supervisory committee at…
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Pinterest, Etsy Among 23 Stocks Expecting 100% To 2,883% Growth
As reporting for the 2020 earnings season comes to an end, it’s time to look ahead at Q1 2021 estimates…
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Bank of America will book $400 million expense for divisive bonus changes
Bank of America will book a $400 million expense in the first quarter to account for a change in bonus…
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Dow Jones Dips, Nasdaq Rallies As Tech Stocks Rebound; House To Vote On Stimulus Bill
Key market indexes were mixed midday Friday, as the Nasdaq rebounded but the Dow Jones Industrial Average pared losses. X…
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REV Federal Credit Union gears up for double merger
REV Federal Credit Union is set for a double merger as two different credit unions await member approval to join…
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Dow Jones Slumps On Salesforce.com Sell-Off, Etsy Bucks Drop; These Top Stocks Struggle
The Dow Jones Industrial Average struggled in the stock market today, sinking nearly 1% on the back of a more…
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Use This Chart Tool To Know When To Buy Or Sell Growth Stocks
The 50-day moving average is one of the most widely respected technical indicators among investors looking for excellent growth stocks…
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Top-Rated Stocks: Supernus Pharmaceuticals Sees Composite Rating Climb To 96
The IBD SmartSelect Composite Rating for Supernus Pharmaceuticals (SUPN) increased from 94 to 96 Thursday. X The revised score means…
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Salesforce Stock Falls As Full-Year 2022 Profit Guidance Misses Amid Slack Acquisition
Salesforce stock fell in extended trading Thursday as fourth-quarter earnings and revenue for fiscal 2021 topped analyst estimates but full-year…
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Zscaler Stock Climbs As Earnings, Revenue, Billings Top Estimates
Zscaler stock climbed late Thursday after the cybersecurity firm reported earnings and revenue for its fiscal second quarter that topped…
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Ag lenders more upbeat as crop prices soar
Renewed export demand from China and tight domestic supplies are pushing up prices for corn, soybeans and wheat, boosting farmers’…
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Etsy Quarterly Results Smash Estimates, As Does Its Revenue Outlook
Etsy (ETSY) stock jumped after it reported quarterly results late Thursday that crushed expectations, as did its first-quarter outlook. X…
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SiteOne Landscape Supply Profits Bloom As Spring Approaches
Spring is just around the corner and SiteOne Landscape’s stock is blossoming. People continue to spruce up their homes as…
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Red flags abound in syndicated lending
Trouble has emerged in a corner of the financial market where groups of lenders cobbled together large loans for corporations…
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TD to close 82 U.S. bank branches as COVID drives digital growth
Toronto-Dominion Bank said it will close 82 bank branches in the U.S. as part of a “store optimization” in its…
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Citigroup makeover should drive higher returns, CFO says
Citigroup’s efforts to simplify business operations under incoming CEO Jane Fraser will cost a lot of money but will ultimately…
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Affirm debit card brings installment payments to all merchants
For more content like this, from the industry leader in global payments coverage, please visit PaymentsSource.com. Affirm has taken its…
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Design Software Firm Autodesk Beats Fourth-Quarter Sales, Earnings Targets
Autodesk (ADSK), a maker of computer-aided design software and workflow tools, late Thursday beat Wall Street’s targets for its fiscal…
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Shale Giant EOG To Report Late As Oil Prices Hold Near Pre-Pandemic Highs
EOG Resources (EOG) will report fourth-quarter results after the market closes Thursday as oil prices hover near 13-month highs. The…
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Standard Chartered tests AI to size up young borrowers
Standard Chartered has been developing new underwriting models using machine learning that could help it determine creditworthiness of borrowers with…
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Stocks Remain Weak In Final Hour As Nasdaq Leads Broad Sell-Off; Leading Stocks Stumble
The stock market remained in poor shape in the final hour of trading Thursday, despite coming off the day’s lows.…
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