american banking news Archives

  • Banking

    Lockheed Martin (LMT) and Northrop Grumman (NOC) said late Thursday they successfully tested a key piece of a hypersonic missile…

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    Home Depot stock and other building-related plays remain solid as the economy recovers from the Covid-19 pandemic. X One way…

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    The Dow Jones Industrial Average pared gains as the stock market made mild gains. Treasury Secretary Janet Yellen called for…

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    Shares of Poly, created by the merger of Plantronics and Polycom, took a hit in mid-May on disappointing earnings results.…

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    On Thursday, Square (SQ) reached an important technical milestone, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile…

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    Box (BOX) reported first-quarter results late Thursday that beat on the top and bottom lines and raised revenue guidance for…

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    Though fintech lenders joined the Paycheck Protection Program later than banks, they had an outsize impact in disbursing emergency loans…

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    Apple is looking for an expert in the payment industry’s hottest segments in anticipation of partnerships in point of sale…

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    Late Thursday, Veeva Systems (VEEV) reported adjusted income of 91 cents per share on $433.6 million in sales for its…

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    IBD Senior Markets Writer Ken Shreve joined the Investing With IBD podcast to discuss the technical action needed to warrant…

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    Citi Trends (CTRN) saw its IBD SmartSelect Composite Rating jump to 97 Thursday, up from 92 the day before. The…

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    Cel-Sci (CVM) saw an improvement to its Relative Strength Rating on Thursday, rising from 79 to 87. An over-80 RS…

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    The Dow Jones Industrial Average traded slightly higher in today’s market after paring earlier gains. Over the past hour, the S&P…

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    Commonwealth Bank of Australia is building a product stack to accommodate cross-institutional data sharing, a trend called open banking that…

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    Question Answer(s) In Marketsmith, when it says something like Fidelity contra fund 0.07% Does that mean .07% of Contrafund is…

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    United Community Banks in Greenville, South Carolina, moved to fill a conspicuous gap in its North Carolina footprint Thursday, agreeing…

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    Magna International Magna International MGA $3.28 3.41% 27% IBD Stock Analysis Clears short consolidation with 99.82 buy point Earnings, sales…

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    WASHINGTON— Treasury Secretary Janet Yellen indicated to lawmakers Thursday that President Biden’s first proposed budget will request more funding for…

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    In a welcome move, EQT (EQT) saw its Relative Strength Rating improve from 70 to 75 on Thursday. X As…

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    Logitech International (LOGI) saw its IBD SmartSelect Composite Rating jump to 96 Thursday, up from 94 the day before. X…

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    Online finance company Social Finance, which goes by the name SoFi, is moving closer to an initial public offering via…

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    Tesla (TSLA) is reportedly taking unusual steps to get around a global chip shortage that has shuttered auto plants, while…

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    The company behind the popular Acorns app will go public by merging with blank-check company Pioneer Merger (PACX), after reports…

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    As the economy emerges from the Covid-19 pandemic, manufacturers are investing in more automation technologies to improve their productivity and…

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    Among leading growth stocks, our pick for today’s IBD 50 Stocks To Watch column is Zebra Technologies (ZBRA). Zebra is among…

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    Are you new to investing in CAN SLIM powerhouse stocks? Do you want to use stock charts to improve market…

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    Stock futures lulled in tightly mixed trade ahead of a raft of early economic news Thursday. Earnings news lifted chip…

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    Consumer electronics retailer Best Buy (BBY) on Thursday demolished Wall Street’s targets for its fiscal first quarter thanks to government…

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    Receiving Wide Coverage … Bankers berated “The chief executives of the six largest U.S. banks drew fire from both Republicans…

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    Medtronic stock was not yet active on Thursday after the medical technology company reported adjusted earnings of $1.50 per share…

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    Flexsteel Industries (FLXS) saw an improvement in its IBD SmartSelect Composite Rating Wednesday, from 94 to 96. This high rating…

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    With its next earnings report scheduled for around May 27, IBD 50 and Sector Leaders member 360 DigiTech (QFIN) is…

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    Snowflake stock fell late Wednesday after the enterprise software maker reported first-quarter revenue that topped estimates, but its July-quarter guidance…

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    Okta stock fell after the cybersecurity firm reported first-quarter earnings and revenue that topped analyst estimates. Okta forecast a larger-than-expected…

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    Graphics-chip maker Nvidia (NVDA) late Wednesday easily beat Wall Street’s targets for its fiscal first quarter on strong sales of…

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    The payment card industry is no less vulnerable to the shortage of computer chips than any of the major tech…

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    When HV Bancorp in Doylestown, Pennsylvania, first went live with the Paycheck Protection Program last April, “we just had bodies…

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    Logitech Intl Sa Logitech Intl Sa LOGI $2.95 2.54% 30% IBD Stock Analysis Stock breaks above 117.24 buy point out…

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    Bankers’ mystification about cryptocurrency as a financial category is … well, mystifying in light of the way banks have adapted…

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    The Global Leaders list in IBD’s Stock Screener has gotten smaller, with only 10 companies in Wednesday’s list of best…

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    A New York court ordered the freezing of $560 million in assets held by entities controlled by Renren CEO Joseph…

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    Upscale home goods retailer Williams-Sonoma (WSM) reports first-quarter earnings late Wednesday, amid continued strong demand for home furnishings. WSM stock…

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    When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating.…

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    WASHINGTON — Profits soared and allowances for loan-losses fell at U.S. banks in the first quarter even as net interest…

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    The Dow Jones Industrial Average rose 70 points midday Wednesday, as the major indexes sought to recover the prior session’s…

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    PayPal aims to thwart digital shopping abuse by accessing Arkose Labs’ suite of automated crime fighting tools. PayPal will deploy…

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    D.R. Horton (DHI) had its Relative Strength (RS) Rating upgraded from 69 to 76 Wednesday — a welcome improvement, but…

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    The $6 billion-asset Horizon Bancorp will expand in 11 counties across Michigan as part of a deal to acquire 14…

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    On Wednesday, Roblox Corporation (RBLX) received a positive adjustment to its Relative Strength (RS) Rating, from 69 to 73. When…

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    Abcellera Biologics Inc (ABCL) saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 79 to…

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