what’s going on with the banks today
- Banking
Canadian Natural Resources Gets Relative Strength Rating Upgrade
The Relative Strength (RS) Rating for Canadian Natural Resources (CNQ) headed into a new percentile Thursday, as it got a…
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Sinclair Broadcast Group Receives Composite Rating Upgrade
Sinclair Broadcast Group (SBGI) saw an improvement in its IBD SmartSelect Composite Rating Thursday, from 94 to 96. X The…
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Fed orders Nano Banc in California to reduce CRE concentration
The holding companies of Nano Banc in Irvine, Calif., have agreed to take a series of steps to improve the…
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Valley Strong to bulk up with Solano First merger
Solano First Federal Credit Union, a $175 million-asset institution in Bakersfield, Calif., has agreed to merge into Valley Strong Credit…
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Debt investors step up hotel lending in bet on life after COVID
Credit investors are stepping into a void left by banks and insurance companies and providing debt financing for top-quality hotels…
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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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CDFIs, minority-owned banks to get $9B from Treasury for COVID relief
WASHINGTON — The Treasury Department is investing $9 billion into community development financial Institutions and minority depository institutions as a…
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Discover opening call center in low-income Chicago neighborhood
For more content like this, from the industry leader in global payments coverage, please visit PaymentsSource.com. Discover will build its…
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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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Credit unions dig into data to offset slowdown in lending
With lending slowing in part due to the ongoing economic downturn brought on by the pandemic, some credit unions are…
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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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General Motors Looks To Add More Juice To Electric Vehicle Transformation
General Motors (GM) is reportedly eyeing a second battery factory in the U.S. with South Korea’s LG Chem, after setting…
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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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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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American Airlines Shows Rising Relative Strength; Is Air Travel Back?
On Wednesday, American Airlines (AAL) cleared a noteworthy technical benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus…
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Top-Ranked Select Medical’s Stock Soars On Strong Profit Growth; Key Rating Bumped Up
Hospital operator Select Medical’s stock has jumped 27% in less than a week after it reported outstanding fourth quarter earnings…
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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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Dow Jones Rallies Despite Jobs Data As Boeing Soars; Bears Swipe Growth Stocks
The Dow Jones Industrial Average was up more than 100 points in afternoon trading Wednesday, thanks to big gains from…
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IBD Stock Of The Day: FBC Stock Flashes Buy Signal As Flagstar Bancorp Boasts Rapid Growth
Flagstar Bancorp Inc Flagstar Bancorp Inc FBC $1.33 2.98% 77% IBD Stock Analysis Moving toward official 48.02 buy point Rebound…
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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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Snowflake Stock Falls As April Quarter Product Revenue Guidance Edges By Views
Snowflake stock fell after the software maker reported a narrower loss for the January quarter from a year earlier as…
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Xperi Strengthens In Key Performance Metrics
Xperi (XPER) saw its IBD SmartSelect Composite Rating rise to 96 Wednesday, up from 93 the day before. X The…
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QA Summary For March Leaderboard Scorecard Webinar, March 2, 2021
Hi… LeaderBoard Team 🙂 Good Afternoon Besides Chris, who’s been to Winslow, AZ? Not I! But I am curious now.…
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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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CFPB officially proposes delay of QM changes
The Consumer Financial Protection Bureau made official the agency’s plans to delay the compliance deadline for changes to its main…
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Covid Test Firm Labcorp Joins Elite List Of Stocks With 95-Plus Composite Rating
Top-ranked Labcorp, a leader in Covid-19 testing including for the emerging South Africa and U.K. variants, got a key rating…
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Nasdaq Sinks Below 13,000; Dow Jones, Small Caps Outperform; These Coronavirus Stocks Sell Off
The Nasdaq briefly undercut 13,000 during afternoon trading in the stock market today as institutional buying and selling pointed to…
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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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Former FDA chief urges rethinking COVID risk metrics
Ongoing vaccinations against COVID-19 are likely to bring the nation back to some level of normalcy by mid-year, said Dr.…
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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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Ford Mustang Mach-E Grabs EV Share From Tesla
Ford (F) delivered record February EV sales in the first full month of sales for the Mustang Mach-E electric crossover,…
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Oil Prices Rise Ahead Of OPEC+ Meeting As Current Cuts Could Be Extended
Oil prices climbed Wednesday on a report that OPEC+ could vote to continue its current output cuts for another month…
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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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Ford Stock: Will Ford Options Shoot Higher Like Rocket Stock?
It looks as if the Reddit/wallstreetbets crowd is at it again. In Tuesday’s column, we mentioned the unusual option volume…
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Banks lobby Congress to postpone PPP deadline
Lenders are pressing Congress to extend the Paycheck Protection Program’s end date, citing rules that have yet to be issued…
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DraftKings, Dish Networks Team Up In Latest Sports Betting Partnership
DraftKings (DKNG) is teaming up with Dish Networks (DISH) to bring its sportsbook and daily fantasy experiences directly to Dish…
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The national debt is big and getting bigger. Does it matter?
WASHINGTON — The United States’ national debt is nestled in a brick-laden underpass just a block away from Times Square.…
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Starbucks Stock Reported Mixed Earnings Results, Is It A Buy Right Now?
Seattle-based Starbucks (SBUX) emerged as a coffeehouse giant in the 1990s with a meteoric rise, evolving from a local concept…
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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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NCUA swaps out spots on NeighborWorks America board
Rodney Hood, a board member at the National Credit Union Administration and a former chairman of the agency, has been…
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Citi’s $900 million mistake prompts banks to seek new safeguards
Wall Street banks are seeking new legal protections to help avoid a repeat of Citigroup’s accidental $900 million payment to…
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Chopra’s confirmation hearing; Goldman is back in the bitcoin business
Receiving Wide Coverage … Interview for sheriff’s job Rohit Chopra, President Biden’s pick to head the Consumer Financial Protection Bureau,…
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NCUA’s Harper says exam audits merit new consumer protection programs
Todd Harper, the chairman of the National Credit Union Administration, on Tuesday reiterated his call for the regulator to do…
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Amazon Stock: Is It A Buy As Jeff Bezos Sets Plan To Relinquish CEO Role
Amazon (AMZN) enters 2021 with plenty of big opportunities, but is losing its lauded Chief Executive Jeff Bezos, who announced…
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US Economy Optimism Takes Off On Vaccines, Stimulus Checks: IBD/TIPP
Optimism over the U.S. economy has surged to the highest level since just before Covid hit, as the vaccine rollout…
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