Earnings
- Banking
MSUFCU hits $6B of assets with more growth planned
Michigan State University Federal Credit Union in East Lansing has surpassed $6 billion of assets, doubling in size since the…
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First-quarter earnings season is about to begin: Citi is first up
First-quarter earnings season is about to begin — and investors with long-term horizons should consider using short-term options strategies to…
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S&P 500 ekes out record close after Fed minutes show no hurry to tighten monetary policy
U.S. stocks closed nearly unchanged Wednesday in lackluster action, after the release of minutes from the Federal Reserve’s March policy…
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These stocks seem expensive now, but in two years you may wish you’d bought them at these prices
You might be cautious about investing in companies with lofty price-to-earnings ratios as some benchmark indexes are hitting up against…
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Starbucks oat-milk shortage comes as sales of plant-based food soar
Starbucks Corp. SBUX, +0.04% is experiencing an oat-milk shortage at some of its locations, a testament to the growing popularity…
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Grant Thornton says almost 90% of staff want to work from home
Accountancy firm Grant Thornton says its latest staff survey showed 88% of staff wanted to work remotely at least half of the…
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The Moderna Pullback is Worth a Shot
April 7, 2021 5 min read This story originally appeared on MarketBeat A little over two years ago Moderna (NASDAQ:MRNA)…
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Coinbase says first-quarter sales topped $1 billion
Cryptocurrency platform Coinbase Global Inc. revealed late Tuesday preliminary first-quarter revenue that topped $1 billion, surpassing revenue for all of…
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The Fed could come under fire for easy policy while the economy soars and inflation rises
Chairman of the Federal Reserve Jerome Powell listens during a Senate Banking Committee hearing on “The Quarterly CARES Act Report…
Read More » - Entrepreneurs
Time to Scale into Twitter Stock on These Pullbacks
Social media platform Twitter (NYSE: TWTR) stock has been in the center of much controversy fending off the scrutiny of…
Read More » - Entrepreneurs
3 Under-the-Radar Growth Stocks to Buy Now
We’ve put together a list of 3 under-the-radar growth stocks to buy now so that you can gain some valuable…
Read More » - Finance
GameStop to sell 3.5 million shares after Reddit-fuelled trading frenzy
GameStop said it could raise hundreds of millions of dollars from stock sales in the coming months, as the videogame retailer…
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Weekend reads: These investments can help you profit from Biden’s $2.3 trillion spending plan
President Joe Biden unveiled his $2.3 trillion American Jobs Plan on March 31. It will be mainly directed toward infrastructure…
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Micron defends ‘disciplined’ capital spending amid chip shortage
Micron Technology Inc. shares rose in the extended session Wednesday after the Boise, Idaho-based chip maker’s earnings and outlook topped…
Read More » - Entrepreneurs
Cardinal Health Stock a Buy: Healthy Gains on the Way
We take a look at Cardinal Health, a high-quality business that may be undervalued at this time. Free Book Preview…
Read More » - Finance
Credit Suisse seen halting $1.6bn buyback and kicking off restructuring amid Archegos fallout
The fallout from the Archegos Capital Management fire sale could force Credit Suisse to suspend its planned $1.6bn share buyback programme…
Read More » - Market
Tesla’s first-quarter sales likely hampered by chip and parts shortages
Tesla Inc. is expected to report first-quarter sales later this week, with Wall Street expectations dulled by ongoing chip and…
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Lululemon’s direct sales nearly double in Q4
Lululemon Athletica Inc. said late Tuesday that its direct-to-consumer sales nearly doubled in the fourth quarter, making up half of…
Read More » - Entrepreneurs
McCormick Stock Is Seasoned Just Right For Value Investors
McCormick stock may not be spicy enough for growth investors. However value investing is making a comeback, and I like…
Read More » - Finance
Numis expects 75% revenue boost post pandemic as investment bank fees surge
UK investment bank Numis said it expects to report revenue of £110m for the six months to 31 March, up…
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Goldman Sachs, Morgan Stanley act quickly to curb losses with swift sale of Archegos assets
Goldman Sachs and Morgan Stanley were quick to move large blocks of assets before other large banks that traded with…
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Deutsche Bank names Campelli as head of investment bank amid raft of board changes
Deutsche Bank has named Fabrizio Campelli to lead its investment bank — part of a raft of board changes — as…
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Credit Suisse and Nomura face ‘significant’ losses over exposure to $20bn firesale
Nomura and Credit Suisse have warned that they face significant losses over the sale of around $20bn in US and…
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3+% Dividends In These 4 Low P/E Stocks
Sheets of New One Hundred Dollar Bill getty The price/earnings ratio of the Standard & Poor’s 500 right now is…
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SEC tells BlackBerry to stop using non-GAAP revenue metric first highlighted by MarketWatch
BlackBerry Ltd. has agreed to stop adjusting its revenue, an issue highlighted by MarketWatch in the past, after receiving a…
Read More » - Health
Amwell co-CEO to Amazon on telehealth play: ‘Welcome to the swamp’
Telehealth giant Amwell saw a massive jump in virtual visits during the COVID-19 pandemic, tallying up 5.9 million visits in 2020, up…
Read More » - Finance
Deutsche Bank CEO Sewing likely to give up investment bank oversight
Deutsche Bank is likely to install a new head of its investment bank, as chief executive Christian Sewing steps back…
Read More » - Banking
Achieva Credit Union surpasses $2 billion-asset mark
Achieva Credit Union closed out 2020 with $18.8% asset growth, propelling it past the $2 billion-asset threshold, the Dunedin, Fla.-based…
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10 highest-yielding dividend-stock ETFs for a low-rate world
Federal Reserve Chairman Jerome Powell this week said the central bank will “provide the economy the support that it needs…
Read More » - Health
Advocate Aurora posts $558M in earnings in 2020, down from $1.4B in 2019
Advocate Aurora posted $558 million in earnings for 2020, down by more than half from the $1.4 billion it posted in…
Read More » - Banking
Earnings surge at Texas Trust Credit Union
Texas Trust Credit Union reported a successful 2020, despite the tumult of the pandemic and economic downturn. Jim Minge, CEO…
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Intel stock rallies as CEO Gelsinger announces aggressive manufacturing buildout
Intel Corp.’s stock surged late Tuesday as the chip maker announced aggressive plans to expand its manufacturing capacity to take…
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GameStop Posts $2.1 Billion In Sales In First Earnings Report Since Reddit Traders Fueled 2,000% Surge
Topline Grapevine, Texas-based GameStop reported fourth-quarter earnings after the bell Tuesday that fell in line with analyst expectations, fueling bullishness…
Read More » - Market
GameStop stock bounces around after earnings
GameStop Corp. stock was unsettled in the extended session Tuesday as the videogame retailer at the center of the so-called…
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GameStop Readies First Earnings Report After Reddit Traders Fueled 5,000% Surge–Here’s What To Expect
Topline All eyes are on Grapevine, Texas-based GameStop, the top meme stock pushed to stratospheric highs by bullish Reddit traders,…
Read More » - Finance
OakNorth’s Rishi Khosla: ‘Our track record isn’t sustainable forever’
Despite the pandemic taking a significant toll on some of its peers, fintech firm OakNorth managed to continue growing its…
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Revolut applies for US banking licence following Canada exit
Revolut has applied for a full banking licence in the US, filing a draft application in California which would allow…
Read More » - Health
‘Game on’: Competition in telehealth, primary care spaces heats up as Amazon Care expands, analysts say
This week, Amazon announced a move that many had been expecting since the tech giant launched a virtual health pilot…
Read More » - Banking
Will PPP runoff expose revenue weakness at banks?
Forgiven Paycheck Protection Program loans are generating short-term revenue for banks, but they have also increased pressure on lenders to…
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4 NYSE Stocks With Sudden, Heavy Buying Volume
American hundred dollar bills. getty When you notice a stock end a Friday trading session with buying volume that’s 3…
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Home deliveries boost FedEx’s sales past $20 billion, profit nearly triples
FedEx Corp. late Thursday reported fiscal third-quarter profit and sales that blew Wall Street expectations out of the water, saying…
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Nike sales growth slows amid supply issues, but earnings beat expectations
Nike Inc. sales grew slower than expected in the heart of the holiday season, as disruptions in its supply chain…
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Deutsche Bank investment bank revenues to swell by 20% in first quarter
Deutsche Bank’s investment bank is on course to surge by 20% during the first three months of the year in what…
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Amazon becomes the top clothing retailer in the U.S., outselling Walmart, Target, Gap and others
Amazon.com Inc. AMZN, +1.57% is the number one seller of clothes in the U.S., according the latest data from Wells…
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Avocado seller Mission Produce stock skyrockets as company heads into the mango business
Mission Produce Inc. AVO, -1.24% is heading into the mango business, and the company is confident it can make the…
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US law firm Latham & Watkins boosts partner profits 20% to $4.5m
US law firm Latham & Watkins has announced its average profit per partner in 2020 was $4.5m, up 20% on…
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Deutsche Bank senior bankers get 63% pay hike
Deutsche Bank hiked bonuses for some of its top investment bankers by more than 60% as the German lender followed…
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Long-time shareholders deserve extra perks for their loyalty to firms
All shareholders of Churchill Downs get free season passes to its racetracks; Willamette Valley Vineyards rewards all its shareholders with…
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Don’t be fooled by the ‘value’ tag on these tech stocks. Many can provide plenty of growth too
With another round of federal stimulus on the way and expectations for solid growth for the U.S. economy this year,…
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Online trader IG posts bumper revenue on GameStop demand
Revenue at online trading broker IG soared in its fiscal third quarter, after the advent of Reddit day traders piling…
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