what’s going on with the banks today
- Banking
Square invests in Jay-Z’s streaming service; Treasury makes $9 billion promise
Receiving Wide Coverage … Square deal Square, the digital-payments company, said Thursday “it is paying $297 million in cash and…
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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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Chinese Stocks Emerge Stronger, Post COVID
As the epicenter of the global COVID-19 pandemic and, therefore, the first to grapple with its devastation, China has spent…
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Is Visa Stock A Buy Right Now As It Raises Card Fees?
Visa (V) has a strong earnings track record and is making more moves in digital payments. Is Visa stock a…
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Stocks To Watch: Alcoa Sees Relative Strength Rating Jump To 93
On Thursday, Alcoa (AA) cleared an important performance benchmark, seeing its Relative Strength (RS) Rating jump into the 90-plus percentile…
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Dow Jones Slides 1,462 Points From February Peak, Bitcoin Down 4%; These Growth Stocks Hold Firm
After peaking at 32,009 just two weeks ago, the Dow Jones Industrial Average has tanked more than 1,460 points, or…
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Baozun Quarterly Results Fall Short; Chinese E-Commerce Stock Falls
China-based Baozun (BZUN) reported fourth-quarter results early Thursday that missed revenue estimates and met views on the bottom line. Baozun…
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DraftKings Taps Into One Of The Fastest-Growing Sports In Massive Deal
DraftKings (DKNG) is partnering with mixed martial arts promoter UFC to offer its sportsbook and daily fantasy in the U.S.…
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Is GE Stock A Buy Ahead Of Investor Day Featuring 2021 Guidance?
General Electric‘s (GE) turnaround is gaining traction as key businesses improve and as the industrial giant generates stronger cash flow.…
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‘Change in the air’: Competition to serve unbanked at fever pitch
A growing number of entrepreneurs are looking to address social inequality by forming banks that cater to underserved minority groups.…
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Vale, IBD Stock Of The Day, Sets Up New Buy Point As Commodities Jump
Vale Vale VALE $0.38 2.13% 32% IBD Stock Analysis Vale stock is approaching an 18.57 buy point. Shares have a…
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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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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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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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Dow Jones Dives 700 Points As Powell Speech Slams Stock Market, Bond Yields Spike
The Dow Jones Industrial Average shed 700 points Thursday, after Fed Chief Jerome Powell’s speech boosted bond yields and sent…
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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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Four High Dividend Stocks You Can Count On
It’s easy to chase high dividend stocks — and even easier to lose money on them if they fall. There’s…
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Ingles Markets Gets IBD Stock Rating Upgrade
Ingles Markets (IMKTA) saw an improvement in its IBD SmartSelect Composite Rating Thursday, from 94 to 96. X The new…
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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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Oil Prices Surge On ‘Shocking’ Saudi Move At OPEC+ Meeting
The Organization of the Petroleum Exporting Countries and key partners will extend most of the current output cuts, sending oil…
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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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A business deposit account that sweeps cash into green projects
MUFG Union Bank is offering a new deposit product to business clients who want to see their cash reserves used…
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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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Are Any Marijuana Stocks Good Buys Amid March Cooldown?
Marijuana stocks have fallen from their February highs, after greater hopes for U.S. legalization. Does that make any of them…
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NCUA board members call for reforming de novo process
Two members of the National Credit Union Administration board on Wednesday called for the agency to make it easier to…
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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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7 Small Stocks Up Big Can Still Double From Here, Analysts Say
Getting a big headache watching large-cap S&P 500 stocks lose steam? Small-cap stocks are giving investors a new way to…
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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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‘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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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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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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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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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, Teladoc 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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Challenger bank helps customers erase carbon footprints
The challenger bank Aspiration has an ambitious goal: help consumers neutralize their carbon footprint. The Marina del Rey, Calif., fintech…
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Fed digital currency gains steam with Democrats in power
WASHINGTON — Democratic leaders in the Biden administration and Congress are raising the volume on proposals for the Federal Reserve…
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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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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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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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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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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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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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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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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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Lions Gate Posts Stellar Profit Growth; Clears Key Rating Benchmark
Lions Gate recently inked a couple of deals that could spur growth for the movie and TV production company. On…
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