daily banking news
- Banking
D.C. power shift complicates Fed decision on capital rule
WASHINGTON — Pressure continues to mount on the Federal Reserve from both sides as the central bank mulls an extension…
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IBD Live QA Summary, Key Stock Lists For Thursday, March 4, 2021
Question Answer(s) to the entire IBD International Team Live from Minneapolis – a thoroughly good Thursday morning to all of…
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Dow Jones Dives 500 Points As Powell Speech Slams Stock Market, Boosts Bond Yields
The Dow Jones Industrial Average shed nearly 500 points Thursday, after Fed Chief Jerome Powell’s speech boosted bond yields and…
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Challenger bank helps customers brace for medical emergencies
A challenger bank is offering supplemental health insurance and other health-related benefits to customers who are uninsured or underinsured. Better…
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Stock Upgrades: Home Bancshares Shows Rising Relative Strength
As interest rates begin the long climb up from near-record lows, banks are starting to shine again. When looking for…
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Malvern hires activist investor as outside consultant
Malvern Bancorp in Paoli, Pa., has retained a well-known activist investor to provide consulting services. The $1.2 billion-asset company said…
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Fed Chief Powell On Tap: Will Federal Reserve ‘Twist’ As Treasury Yields Surge, S&P 500 Stalls? | Fed Chief Powell On Tap: Will Federal Reserve ‘Twist’ As Treasury Yields Surge, S&P 500 Stalls?
Federal Reserve policy was pitch perfect throughout the worst of the coronavirus crisis, but its nearly yearlong streak appears to…
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Dow Rallies, Tech Stocks Turn Higher Ahead Of Powell Speech As Yields Rise; Tesla Dives 5%
The Dow Jones Industrial Average rallied more than 150 points Thursday ahead of Fed Chairman Jerome Powell’s speech, as the…
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Inside Dwolla’s efforts to find a formula for faster payments
For more content like this, from the industry leader in global payments coverage, please visit PaymentsSource.com. Whether it is baseball…
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Five Prime Therapeutics Stock Rockets On Amgen’s $1.9 Billion Takeover
Amgen (AMGN) said Thursday it will spend $1.9 billion to buy Five Prime Therapeutics (FPRX), a small biotech company with…
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NIO Stock: Cash Secured Put Update
Not all option trades go according to plan. Back in January we looked at a long-term cash secured put on…
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Square Stock Dips After It Agrees To Buy Jay-Z’s Tidal Music Service
Square stock dipped after the digital payment firm said it would acquire a majority stake in music streaming service Tidal…
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Is Google Stock A Buy? Internet Search Giant Could Finally Be Best FANG Stock In 2021
It’s still early in 2021. But will this be the year that Google stock finally out-performs other FANG stocks? Investors…
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See How You Rank On The DocuSign CEO’s Success Score
If he ever writes a book about his leadership philosophy, DocuSign CEO Dan Springer has a title in mind: SEW…
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Dow Jones Futures Fall; Will Fed Chief Powell Offer Treasury Yield ‘Twist’ With Stock Market Rally Reeling?
Dow Jones futures fell slightly Thursday morning, along with S&P 500 futures and Nasdaq futures. The stock market rally is…
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Stock Analysis: How To Spot A Potential Change In Stock Momentum Using Volume, Price
It’s one thing to identify a base on a stock chart. Identifying its good and bad parts is another. That’s…
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‘Capital holiday’ expiration looms; retail stock traders target Rocket Cos.
Wall Street Journal Holiday deadline looms The recent drop in Treasury bond prices might get even worse if a “capital…
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Ciena Stock Slips As Optical Network Gear Maker’s Earnings Top Views
Ciena stock slipped after the maker of optical communications network gear reported fiscal first quarter earnings and revenue that topped…
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Commodities Trading: Gold Stocks, Oil Stocks, Silver, Natural Gas
Commodities are not simply essential products for modern living. Information and news on the commodity market and commodity trading can…
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IBD 50 Stocks To Watch: T. Rowe Price In Buy Range As It Beats The Market Twice
T. Rowe Price (TROW), featured in today’s IBD 50 Stocks To Watch, is trading at record highs and in buy…
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Does Jump In Carnival Stock Make It A Buy Right Now? Here’s What Earnings, Charts Show
America is getting vaccinated against Covid-19. And cruise line Carnival (CCL) is sounding its ships’ horns to signal its vessels…
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Warren Buffett Stocks: LULU, Veeva, Logitech Among 12 Stocks On This Screen
Which companies qualify as potential Warren Buffett stocks? Lululemon Athletica (LULU), Veeva Systems (VEEV) and Logitech International (LOGI) are among…
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Dow Jones Reverses Lower As Nasdaq Leads Sell-Off; These Stocks Fall On Earnings
The Dow Jones Industrial Average reversed lower in today’s stock market after paring earlier gains. Meanwhile, the S&P 500 and…
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Vir Stock Craters On Weak Results For Glaxo-Partnered Covid Treatment
Emerging data cast doubt on the effectiveness of Vir Biotechnology (VIR) and GlaxoSmithKline‘s (GSK) coronavirus treatment, leading Vir stock to…
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Chipmaker Marvell Technology Delivers Mixed Results, Guidance
Chipmaker Marvell Technology (MRVL) late Wednesday matched Wall Street’s target for earnings in its fiscal fourth quarter and beat views…
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Middleby Cooks Up RS Rating Jump To 82
The Relative Strength (RS) Rating for Middleby (MIDD) climbed into a new percentile Wednesday, with an increase from 79 to…
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Splunk Fourth-Quarter Earnings, Revenue Smash Estimates
Splunk (SPLK) reported quarterly results late Wednesday that came in well above analyst estimates as the company continues its business…
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Shore Bancshares to enter new Maryland market with Severn acquisition
Shore Bancshares in Easton, Md., has agreed to buy Severn Bancorp in Annapolis, Md. The $1.9 billion-asset Shore said in…
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Dow Jones Futures: Why The Market Rally Is Only ‘Mostly Dead’; Boeing Leads As Amazon, Zoom Break Long-Term Support
Dow Jones futures were little changed Wednesday, along with S&P 500 futures and Nasdaq futures. The Dow Jones fell modestly…
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Vroom Fourth-Quarter Revenue Tops Estimates, Earnings Fall Short
Vroom (VRM) reported fourth-quarter results late Wednesday that beat revenue estimates but fell short on earnings. Vroom stock plunged. X…
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Credit unions expect hybrid work model after COVID ends
The hybrid workplace model that many companies implemented last year as the pandemic spread could be here for the long…
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Fed’s Beige Book shows businesses optimistic on vaccine take-up
The U.S. economy expanded modestly in the first two months of the year and sentiment among business owners is picking…
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Century Aluminum Sees Relative Strength Rating Rise To 91
Century Aluminum (CENX) saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 88…
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IBD Live Q&A And Two Key Stock Lists For March 3, 2021
go alli go I do love this song, but Irusha gets props for making this pick! Nice, love Chuck Berry!…
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Investor group buys CalFirst to prepare for more acquisitions
An investor group has acquired California First National Bank in Irvine. DMG Bancshares, which is run by veteran banker Don…
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Thrivent recruits former MUFG Union executive to run proposed bank
Thrivent Financial for Lutherans has recruited two high-profile bankers to run the bank it is looking to form. The company…
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15 Companies Stockpile $1 Trillion In Cash (And Investors Want It)
Cash is piling up fast on S&P 500 companies’ books — and investors want their share. X Just 15 non-financial…
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Dow Jones Futures Reverse Lower As Jobs Data Disappoints; Bitcoin Surges Above $52,000
Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, turned lower Wednesday, as Bitcoin surged above $52,000.…
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Who Joins Crocs, PayPal, InMode On List Of Breakout Growth Stocks?
What do leading growth stocks PayPal (PYPL), Crocs (CROX), Logitech (LOGI), InMode (INMD), ASML (ASML), Generac (GNRC) and Deere (DE)…
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Hope Bancorp Shows Improved Relative Strength; Still Shy Of Benchmark
The Relative Strength (RS) Rating for Hope Bancorp (HOPE) moved up into a new percentile Tuesday, as it got a…
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Is Tesla Stock A Buy After A Giant Run And Transformative, Robust Year?
Tesla (TSLA) Chief Executive Elon Musk has defied big odds and consistently beat expectations since taking the helm of the…
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Smart Glasses Maker Vuzix Joins Elite List Of Stocks With 95-Plus Composite Rating
Vuzix (VUZI) saw its IBD SmartSelect Composite Rating rise to 96 Tuesday, up from 93 the day before. The maker…
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EV Stocks Xpeng, Li Auto Fall As Global Headwind To Follow Seasonal Slowdown
Chinese EV stocks fell Tuesday as Xpeng (XPEV) and Li Auto (LI) reported lower monthly deliveries amid the Lunar New…
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Top Marijuana Stock Times New CBD Drink Launch With Astrological Event
Canadian pot producer Canopy Growth (CGC) has launched a sparkling water with hemp-derived CBD in the U.S., adding to its…
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FibroGen Stock Collapses After Its Latest-Stage Drug Faces Another Delay
FibroGen (FGEN) suffered a setback after U.S. regulators requested an additional meeting before reviewing the company’s anemia treatment. In response,…
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World’s Biggest Oil Company Sees ‘Huge Potential’ In Hydrogen Fuel
Saudi Aramco, which has over 220 billion barrels of oil and natural gas reserves, sees hydrogen fuel making a big…
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Box Fourth-Quarter Earnings, Revenue Top Estimates
Box (BOX) reported fourth-quarter results late Tuesday that beat analyst estimates on the top and bottom lines, as did its…
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Market Is Down With ODP; Firm Earns An 83 RS Rating
The ODP (ODP) saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, with an upgrade from 80…
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Chipmaker Ambarella Tops Fourth-Quarter Goals, Guides Higher
Ambarella (AMBA), a maker of chips for video processing and computer vision, late Tuesday beat Wall Street’s targets for its…
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This Stock List Has Trounced The S&P 19.8% To 1.5% YTD; Here’s Why
In the first two months of 2021, Sector Leaders — IBD’s most stringent stock screen — trounced the S&P 500…
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