u.s. banking news
- Banking
Rally Shows Broad Strength, But These ARK Stocks Are Out Of Bounds
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally is…
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Stock Upgrades: CubeSmart Shows Rising Relative Strength
Pandemic or no, people need a place to store their extra stuff. And with more people working at home, sprucing…
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Dow Hits Highs, But Growth Slumps; Metals, Miners, Fertilizer Stocks Thrive
The stock market rally diverged once again, with the Dow Jones and S&P 500 hitting record highs. The Nasdaq tested…
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Chipmaker Taiwan Semiconductor Stock Trying To Close In On Key Technical Measure
The Relative Strength (RS) Rating for Taiwan Semiconductor (TSM) climbed into a higher percentile Friday, as it got a lift…
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Best Mutual Funds Plow Money Into These Sectors And Stocks
Mining and industrial giant Caterpillar (CAT) leads the latest of new buys by the best mutual funds in the last…
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Disney Earnings Due As Alibaba, Airbnb, Yeti Also Report: Investing Action Plan
Here’s your weekly Investing Action Plan: what you need to know as an investor for the coming week. Disney earnings…
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Confusion over CFPB underwriting rule persists
Confusion is building in the mortgage market about conflicting deadlines for loans backed by Fannie Mae and Freddie Mac to…
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When Clients Resist Owning Global Stocks, Advisors Build Their Case
When an advisor recommends an investment strategy, many clients readily agree. Occasionally, however, they push back. X Take global investing.…
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Dow, Tech Stocks Rally As Yields Dive On Weak Jobs Report; Tesla Races Higher, While Square Surges On Earnings
The Dow Jones Industrial Average rallied 150 points Friday, as Treasury yields briefly dived on a weak jobs report. Apple…
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Why Vaccines Might Not Spell Downturn For Covid Testing Firms
Investors should hold off permanently rebranding diagnostics stocks as coronavirus stocks with a short shelf life, experts say. Their future…
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Jobs Report Shocks With Payrolls Up Just 266,000; Dow Jones Futures Fall, Techs Soar
The U.S. economy’s jobs rebound produced a dud in April, adding just 266,000 jobs despite vaccine progress, government stimulus checks…
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Here’s How Finding Support Helped Generac Stock Power Up To A Triple-Digit Gain
The idea of buying a falling stock seems simple enough, but can leave the novice nursing heavy losses. But the…
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Small-Cap Stocks Score Triple The Market’s Gains; Two Top Plays In Buy Range
Small-cap stocks have outperformed after a slow start this year. But two funds in IBD’s ETF Leaders, offering access to…
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Financial system gets a mixed review; Goldman starts bitcoin derivative trading
Receiving Wide Coverage … Sun and clouds The Federal Reserve gave the U.S. financial system a mixed review in its…
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IBD Live Q&A And Two Key Stock Lists For May 6, 2021
Song title and artist please. Thank you! “I’d Rather Be Blind” by Etta James Happy Thursday from Chicago. Today is…
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Packaging Giant Sealed Air Stock Earns Relative Strength Rating Upgrade To 81
One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Sealed Air (SEE)…
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Banking groups to Congress: Don’t throw out ‘true lender’ rule
WASHINGTON — A group of bank and fintech trade associations urged Congress not to strike down a rule defining the…
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Stock Upgrades: Bank Of New York Mellon Demonstrates Rising Relative Strength, Big Money Buying Shares
With interest rates and bank stocks on the rise, BNY Mellon is joining the party. On Thursday the Relative Strength…
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Streaming Video Platform Roku Posts Surprise Profit In First Quarter
Streaming video platform Roku (ROKU) late Thursday missed Wall Street’s target for new users in the first quarter, but it…
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After Hours: 7 Key Earnings Movers; Fed Warns On Asset Prices
Dow Jones futures were little changed late Thursday, along with S&P 500 futures and Nasdaq futures, after the major indexes…
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MYR Group Stock Earns Membership In 95-Plus Composite Rating Club
The IBD SmartSelect Composite Rating for MYR Group (MYRG) increased from 94 to 96 Thursday. The electrical contracting services stock…
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Broken-Wing Butterfly Option On FedEx Stock Wins Many Ways
Transportation has rallied nicely since January, and FedEx stock moved along with the sector. But if you think the upswing…
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Dow Jones Leads Stock Market Rebound; Moderna Stock Dives Despite Doing This
The Dow Jones Industrial Average was leading a broad stock market fightback amid improving jobless claims data. Cisco Systems (CSCO)…
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China EV Startup Expanding Into Europe
China-based EV startup Nio (NIO) announced Thursday it’s launching its first overseas store in Norway in September. Nio stock fell.…
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The credit-quality kicker in the Banc of California-Pacific Mercantile deal
Bank mergers are no slam dunk. A new regulatory filing tied to the pending merger between two West Coast community…
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Trade groups call on OCC to withdraw CRA rule
WASHINGTON — Financial industry groups called on the Office of the Comptroller of the Currency this week to formally withdraw…
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Zoetis Earnings, Sales Top For Animal Health Giant
Bullish spending on pet health helped Zoetis (ZTS) easily beat first-quarter expectations. But Zoetis stock crumbled after the open. X…
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Wayfair Easily Beats EPS Views
Wayfair (W) reported better-than-expected first-quarter earnings early Thursday. Wayfair stock climbed. The e-commerce company reported adjusted earnings of $1 a…
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Is Inovio Stock A Sell After U.S. Officials Cut Funding For Covid Vaccine?
The Department of Defense pulled its funding for Inovio Pharmaceuticals‘ (INO) final-phase Covid vaccine test in late April, leading INO…
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Rocket ramps up in auto loans with new cross-selling push
Rocket Companies is expanding in auto lending — at a time when that market is red-hot — with a new…
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Twilio Stock Slips As Earnings Beat Amid Chief Product Officer’s Exit, R&D Changes
Twilio earnings and revenue for the March quarter topped expectations as recently acquired Segment boosted the top line. Twilio stock…
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Video Game Maker Zynga Beats Quarterly Views, Buys Chartboost
Zynga (ZNGA), a publisher of mobile and social video games, late Wednesday beat Wall Street’s targets in the first quarter…
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Moderna Stock Dives On Report Biden Will Support Waiting Covid Vaccine Patents
Moderna stock crashed late Wednesday on reports President Joe Biden will support waiving the patent rights covering Covid vaccines. X…
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IBD Live Q&A And Two Key Stock Lists For May 5, 2021
Question Answer(s) Hello IBD Team ! Interested in GM play after earnings, with support @ 50day ? I think getting…
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Martin Marietta Materials Earns Relative Strength Rating Upgrade; Hits Key Benchmark
The Relative Strength (RS) Rating for Martin Marietta Materials (MLM) climbed into a new percentile Wednesday, with an increase from…
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Dow Jones Wobbles As Janet Yellen Backs Off Rate Hike Comments; Apple, Tesla Look To Rebound, GM Jumps On Earnings
The Dow Jones Industrial Average briefly rallied 75 points Wednesday, before stocks turned mixed, as Treasury Secretary Janet Yellen backed…
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Farmers & Merchants in Ohio to buy Perpetual Savings Bank
Farmers & Merchants Bancorp in Archbold, Ohio, has agreed to buy Perpetual Savings Bank of Urbana in Ohio. The $2.5…
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Goldman sets office return date; PPP runs out of money a month ahead of time
Receiving Wide Coverage … Let’s get together Goldman Sachs “told its bankers in the U.S. and U.K. on Tuesday that…
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Banks resume risk-taking in consumer lending
After a year of pandemic-induced caution in consumer lending, bankers are starting to reacquaint themselves with risk. Lending standards have…
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Video Game Publisher Activision Blizzard Tops First-Quarter Sales, Earnings Targets
Video game publisher Activision Blizzard (ATVI) late Tuesday topped Wall Street’s targets for the first quarter. ATVI stock rose in…
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MUFG promotes Neal Holland to CFO of its Americas operations
The banking giant Mitsubishi UFJ Financial Group will promote its deputy chief financial officer in the Americas to the region’s…
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IBD 50 Stocks To Watch: Can Carvana Pare Losses And Live Up To Its Price Targets?
It’s been a tough market to nail down lately, and one of the few sectors showing consistent strength has been…
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IBD Live Q&A And Two Key Stock Lists For May 4, 2021
Ali, were you able to get Justin’s ETF’s that he uses to track sectors on the FAQ page? I could…
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Primis Financial in Virginia planning digital bank
Primis Financial in McLean, Virginia, is planning a digital bank. The $3.3 billion-asset company said in a press release last…
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Dow Jones Slips, Nasdaq Dives As Yellen Makes This Warning; Apple Falls As iRobot Craters
The Dow Jones Industrial dipped, but the Nasdaq fell hardest, after Treasury Secretary Janet Yellen issued a warning about the…
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Fox Factory Stock Just Within Buy Range As Earnings Approach
To build your earnings season watch list, focus on stocks in or near a potential buy range ahead of their…
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Israel’s Bank Leumi is said to weigh sale of U.S. bank arm
Bank Leumi Le-Israel BM, one of Israel’s largest lenders, is considering a sale of its U.S. bank arm, which could…
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