banking news today
- Banking
Dow Jones Hits New High; Housing Stocks Rise On Strong Economic Data; These Growth Stocks Score Breakouts
The Dow Jones Industrial Average traded moderately higher in today’s stock market and hit an all-time high as the major…
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With core switch, small Alabama bank aims to settle transactions in real time
Without access to real-time services, bank customers don’t always see their actual balance and transaction information across digital and nondigital…
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Rumored Apple Car, Cloaked In Mystery, Could Recharge AAPL Stock
Apple stock has thrived for decades as the company thrilled consumers with well-timed innovations in computing, music and phones. Now…
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Registration ends soon for 2021 Best Credit Unions to Work For rankings
There is just one week left to register for the 2021 edition of Credit Union Journal’s annual Best Credit Unions…
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NASA Picks SpaceX For Moon Mission; ‘Writing Is On The Wall’ For Boeing Rocket
NASA selected the SpaceX Starship to land astronauts on the moon again as Elon Musk’s company reinforces its status as…
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PNC’s Demchak does not share rivals’ optimism about loan demand
Regional bank CEOs are at odds so far this earnings season over the prospects for commercial loan growth. Top executives…
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Market Rally Enters Power Trend; 5 Stocks With New Buy Points
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally had…
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NCUA cites progress with advancing agency’s diversity efforts
The National Credit Union Administration says it has made “steady strides” toward having greater diversity among its workforce and operations,…
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Virtus Investments Stock Near Buy Zone With Quarterly Report Due
With earnings on tap for Apr. 28, Virtus Investments (VRTS) is trading approximately 5% shy of a 270.10 buy point.…
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IBD Live QA Summary, Stock Lists For Thursday, April 15, 2021
Great play. Who is it? Massive Attack’s Paradise Circus … used as theme song for Luther Happy Thursday! Hi Mark!…
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EOG Resources Reaches Key Rating Milestone Amid Rapidly Rising Oil And Gas Prices
With oil prices up more than 50% since last fall, oil company stocks have been on the rise. On Thursday,…
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Circle adds Facebook Diem vet to bring its stablecoin into mainstream
The crises of the past year have heightened awareness of technology that can deliver funds faster, giving early movers a…
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Dow Jones Rallies As Apple Snaps Back; Nvidia Regains Buy Point, While Coinbase IPO Jumps
The Dow Jones Industrial Average rallied over 225 points Thursday, as Apple rebounded from Wednesday’s sell-off. Nvidia regained a buy…
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First Republic reports earnings spike from stimulus programs
Loan growth and wealth management revenue fueled by stimulus cash and a recovering economy pushed quarterly profit higher at First…
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Dow Jones Rallies As Earnings Season Kicks Off; Bitcoin Hits Record High With Coinbase IPO Set To Soar 40%
The Dow Jones Industrial Average rallied 200 points Wednesday, as earnings season kicked off with results from JPMorgan and Goldman…
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Mastercard rewrites rules for banks backing pornography sellers
Mastercard is updating the requirements it sets for banks that process payments for sellers of adult content. The banks will…
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IBD Stock Research Screener Shows Facebook, FedEx, Logitech And BlackRock In Buy Ranges
IBD Stock Screener is an industrial-strength stock research tool for investors wanting to rake in and rank lists of top…
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How PNC responded to customers’ complaints about overdraft fees
PNC Financial Services Group has unveiled a new service that it says will give customers more control of their checking…
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Nvidia Stock Hits Buy Point On Data Center, AI Advancements
Graphics-chip maker Nvidia (NVDA) released a fire hose of news at its online GTC conference, detailing advancements in artificial intelligence,…
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SSTK, IBD Stock Of The Day, Breaks Out Into Buy Zone Amid Surging Earnings, 3D Move
Shutterstock Inc Shutterstock Inc SSTK $4.42 4.73% 2% IBD Stock Analysis Breaks out past 95.39 buy point Earnings growth has…
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Dow Jones Futures: Google, Microsoft Flash Buy Points As Nasdaq Joins Market Rally; Jobs Report, Tesla On Tap
Dow Jones futures will start trading Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally…
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Russell 2000 Outperforms Again, Dow Soars 1,080 Points From March 25 Low; These Growth Stocks Are Breaking Out
The Russell 2000 flexed outperformance again in the stock market today. In afternoon trading, the iShares Russell 2000 (IWM) exchange…
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Virgin Galactic Unveils Its Future While Its Present Faces Delay
Richard Branson’s Virgin Galactic (SPCE) unveiled its SpaceShip III spaceplane with an ambitious timeline Tuesday, while its SpaceShipTwo vehicle has…
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Fee income lagging, Louisiana bank makes bet on wealth management
Business First Bancshares in Baton Rouge, La., is poised to play catch up when it comes to fee revenue. The…
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How To Use Our Best Mutual Funds List To Bolster Your Investment Portfolio
Funds that have earned Investor’s Business Daily’s Best Mutual Funds Awards have performances that could have made more money —…
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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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No Crystal Ball For This Market Rally; Seven Stocks Near Buy Points
Dow Jones futures will begin trading Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally…
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NCUA readies $369M payout tied to corporate credit union failures
The National Credit Union Administration said Thursday it plans to distribute $368.7 million to institutions that were members of three…
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Will These 3 Hot IPO Stocks Be Power Plays In Post-Covid Economy? Here Are The Top Names To Watch
Eve Boboch of Roppel Capital Management joined the Investing with IBD podcast this week to discuss current market conditions and…
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Florida banking veteran planning de novo
A well-known banker is looking to form a de novo in South Florida, joining a growing list of groups seeking…
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Fed nears decisions on key capital break, shareholder distributions
WASHINGTON — The Federal Reserve is days away from announcing a decision on capital relief that big banks have been…
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Qorvo Earns IBD Rating Upgrade
In a welcome move, Qorvo (QRVO) saw its Relative Strength Rating improve from 69 to 73 on Tuesday. X When…
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Stocks Flashing Renewed Technical Strength: Viper Energy Partners
The shale oil craze went into hibernation when the Covid-19 pandemic hit a year ago and global travel was curtailed.…
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Flagstar’s data breach, and what banks can learn from it
Flagstar Bancorp fell victim to a recent data breach in which personal information of employees and customers, including Social Security…
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Dow Jones Today, Futures Mixed; Banks Rally As Yields Rise: Dow, Russell 2000 Aim To Extend 5-Day Climbs
Stock futures set up for a mixed start Friday as financial stocks rallied alongside rising bond yields and small caps…
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IBD Live QA Summary, Stock Lists For Thursday, March 11, 2021
Daft Punk? “Remedy” by The Black Crowes Great music choice, David! Ed’s choice! (From Hat: Yes, that’s right!) Good morning…
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Outsider emerges as top contender to lead OCC
WASHINGTON — Banking policy observers have been in suspense for weeks over whom the Biden administration will select for comptroller…
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House members receptive to extending PPP deadline
Leaders of the House Small Business Committee signaled during a Wednesday hearing that they are open to extending the Paycheck…
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Fed warns banks they face consequences for slow Libor shifts
The Federal Reserve warned major banks they could face consequences if they don’t wean off Libor fast enough. The U.S.…
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How Much $10,000 Invested At The Financial Crisis Low Is Worth Now
It’s been exactly 12 years since the financial crisis sank the S&P 500 to its lows. But brave investors who…
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Wells Fargo targets net-zero emissions after rivals set goals
Wells Fargo joined rivals in pledging to achieve net-zero greenhouse gas emissions in the coming decades. The fourth-largest U.S. lender…
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Element Solutions Earn 95-Plus Composite Rating; Nears Buy Point
The IBD SmartSelect Composite Rating for Element Solutions (ESI) increased from 94 to 96 Monday. X The revised score means…
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Fed will continue supporting PPP loans until June 30
WASHINGTON — The Federal Reserve will extend by three months the liquidity facility bolstering the Paycheck Protection Program while letting…
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Alphabet Gets RS Rating Upgrade As Discussed On IBD Live Today
The Relative Strength (RS) Rating for Alphabet (GOOGL) moved up into a higher percentile Monday, as it got a lift…
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Wells cleared in racial hiring inquiry; Goldman’s changing corporate culture
Wall Street Journal Case closed The Labor Department under the Trump administration last October closed an inquiry into Wells Fargo…
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CFPB throws mortgage market another curveball
The Consumer Financial Protection Bureau’s mortgage underwriting rule remains a political football following the agency’s decision to delay a key…
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Google, Microsoft, Vale, Polaris, PVH: Five Stocks Near Buy Points As Market Rally Attempt Begins
Google stock, Microsoft (MSFT), Vale (VALE), Polaris (PII) and PVH (PVH) are top stocks near buy points to watch this…
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Cinemark Scores Relative Strength Rating Upgrade; Hits Key Benchmark
One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Cinemark (CNK) just…
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Dow Jones Loses Gains After Surprise Jump in U.S. Jobs, Oracle Clears New Buy Point; Will These Stocks Break Out?
Stocks fought to take back some of their severe losses suffered earlier this week on more signs of light at…
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Sinclair Broadcast Group Receives Composite Rating Upgrade
Sinclair Broadcast Group (SBGI) saw an improvement in its IBD SmartSelect Composite Rating Thursday, from 94 to 96. X The…
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