Banking
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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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Okta Stock Tumbles On $6.5 Billion Acquisition Of Auth0 As Earnings Beat
Okta stock plunged Wednesday after the company announced the acquisition of Auth0 in a $6.5 billion deal. The cybersecurity firm…
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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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Splunk Fourth-Quarter Earnings, Revenue Smash Estimates
Splunk (SPLK) reported quarterly results late Wednesday that came in well above analyst estimates as the company continues its business…
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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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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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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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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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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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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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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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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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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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Does Jump In Carnival Stock Make It A Buy Right Now? Here’s What Earnings, Charts Show
America is getting vaccinated against Covid-19. And cruise line Carnival (CCL) is sounding its ships’ horns to signal its vessels…
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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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Carnival Sees Improved Relative Strength Rating To 72
Carnival (CCL) had its Relative Strength (RS) Rating upgraded from 65 to 72 Wednesday — a welcome improvement, but still…
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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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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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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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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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Vir Stock Craters On Weak Data For GSK-Partnered Covid Treatment
Emerging data cast doubt on the effectiveness of Vir Biotechnology (VIR) and GlaxoSmithKline‘s (GSK) coronavirus treatment, leading Vir stock to…
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Las Vegas Sands Is Leaving Las Vegas As It Sells U.S. Properties For $6.25 Billion
Las Vegas Sands (LVS) announced Wednesday that it has agreed to sell its Las Vegas properties for about $6.25 billion…
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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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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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Composite Rating For Power REIT Jumps To 97, As Market Shift Continues
On Wednesday, Power REIT (PW) got an upgrade for its IBD SmartSelect Composite Rating from 94 to 97. X The…
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Dow Falls Despite Biden Vaccine Pledge Amid Weak Jobs Data; Boeing Flies; Bitcoin Surges
The Dow Jones Industrial Average was lower as stocks fell despite President Joe Biden’s promise that the U.S. will have…
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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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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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Dow Jones Futures Rise As Bitcoin Surges; Tesla Set To Rebound, While PayPal, Square Hit New Buy Areas
Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, were modestly higher Wednesday, as Bitcoin surged above…
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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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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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Hope Bancorp Shows Improved Relative Strength; Still Shy Of Benchmark
The Relative Strength (RS) Rating for Hope Bancorp (HOPE) moved up into a new percentile Tuesday, as it got a…
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Stocks With Rising Relative Strength: Sally Beauty
In a welcome move, Sally Beauty (SBH) saw its Relative Strength Rating improve from 69 to 77 on Tuesday. X…
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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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Stocks To Watch: 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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IBD/TIPP Poll: Economic Optimism Index | Stock News & Stock Market Analysis
The IBD/TIPP Economic Optimism Index is the earliest take on consumer confidence each month and predicts with good reliability monthly…
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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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Is Zoom Stock A Buy Right Now? Torrid Growth Moderating But Guidance Tops Views
Yes, shares in Zoom Video Communications (ZM) soared during the coronavirus emergency. But post-pandemic, what’s the outlook for Zoom stock?…
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Malibu Boats RS Rating Jumps To 81, Benefiting From Stay-cation Phenom?
On Tuesday, Malibu Boats (MBUU) hit a key technical benchmark, with its Relative Strength (RS) Rating climbing into the 80-plus…
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Is Virgin Galactic Stock A Buy As Commercial Service To Start Later?
Virgin Galactic has set a new test date for its SpaceShipTwo space plane after a December attempt was cut short.…
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Dow Jones Slides As Stocks Reverse; Target Falls On These Fears; Nio, Boeing Stall
The Dow Jones Industrial Average fell as the bears struck back at the bulls following Monday’s strong gains. Target (TGT)…
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Smart Glasses Maker Vuzix Joins Elite List Of Stocks With 95-Plus Composite Rating
Vuzix (VUZI) saw its IBD SmartSelect Composite Rating rise to 96 Tuesday, up from 93 the day before. The maker…
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Top Marijuana Stock Times New CBD Drink Launch With Astrological Event
Canadian pot producer Canopy Growth (CGC) has launched a sparkling water with hemp-derived CBD in the U.S., adding to its…
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HPE Stock Rises As Cisco, Dell Rival Reports Fiscal Q1 Earnings Above Estimates
Hewlett Packard Enterprise (HPE) reported fiscal first-quarter earnings late Tuesday that topped estimates. HPE stock rose as April-quarter profit guidance…
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