banking news today
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Why A Controversial Biogen Drug Could Become A Major Blockbuster
A controversial Alzheimer’s drug that has weighed on Biogen stock this year could ultimately become a major blockbuster within five…
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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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Boston Beer Stock Belongs On Your Market Menu
The IBD SmartSelect Composite Rating for Boston Beer Co. (SAM) rose from 94 to 96 Monday. This delicious rating makes…
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GE Stock Rallies As Deal For Biggest Piece Of Finance Unit Expected Soon
General Electric (GE) is reportedly nearing a $30 billion deal to combine its aircraft-leasing business with Ireland’s AerCap Holdings (AER),…
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NorCal agrees to sell to investor group
Northern California National Bank in Chico has agreed to be sold to an investor group. The $310 million-asset bank said…
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Merck Stock Pops After Covid Treatment Reduces Virus After 5 Days
Merck stock popped Monday after its Ridgeback Biotherapeutics-partnered Covid-19 treatment showed promise in an interim analysis of a Phase 2…
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Fintech trade groups merge, recruit more members
Fintech companies are joining a new trade group called the American Fintech Council to lobby Washington lawmakers and set standards…
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Disney Stock Leaps To New All-Time High As Lagging Unit Gets Big Boost
Disney stock gapped up Monday after California signaled that Disneyland and California Adventure can reopen April 1. Meanwhile, “Raya and…
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ValleyStar names interim leader after CEO takes new position in Fla.
ValleyStar Credit Union in Martinsville, Va., has appointed Lisa Lambrecht as its interim CEO. Lisa Lambrecht, interim CEO of ValleyStar…
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Week ahead: Credit unions on watch as lawmakers wrap more COVID relief
The House and Senate this week could put the finishing touches on new COVID-relief legislation that may have a big…
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IBD 50 Stocks To Watch: Polaris Breaks Out To New Highs Amid Bullish Growth Prospects
Polaris (PII) is one of many stocks to watch in the IBD 50 due to bullish fundamentals and technicals. Buyers…
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Is The Biggest Bank Stock By Market Cap A Buy As Stimulus Lifts Hopes For Recovery?
JPMorgan stock has moved higher over the past several months, fueled by hopes for an economic rebound and higher interest…
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Dow Jones Jump 500 Points After Senate Passes Biden’s Stimulus Plan; Disney Leads
The Dow Jones Industrial Average rallied over 400 points early Monday, after the Senate passed President Biden’s $1.9 trillion stimulus…
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Best ETFs And Mutual Funds Gain In February As Small Caps Continue To Shine
Stock markets continued their broadening and rotation trade in February. Small-cap stock funds were among the best ETFs and mutual…
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Is Micron Stock A Buy As Memory-Chip Market Recovers?
Memory-chip maker Micron Technology (MU) is benefiting from an improving business climate, which has boosted MU stock. After its recent…
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Global X Has Turned Its Thematic And Alternative-Income Funds Into Some Of The Best ETFs
Global X, which was founded in the midst of the 2008 financial crisis and launched its first international ETF in…
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Stocks Showing Rising Market Leadership: Delek US Holdings Earns 83 RS Rating
On Friday, Delek US Holdings (DK) hit an important technical milestone, with its Relative Strength (RS) Rating moving into the…
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AstraZeneca Covid Vaccine Appears Effective Against Brazil Variant: Report
The AstraZeneca (AZN) and University of Oxford coronavirus vaccine is effective against the Brazil variant, according to a report. But…
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People with disabilities struggle to save. Purple says it has a solution.
Christian Ciocca, who has Down syndrome, faced a dilemma: The handful of hours a week he spends working at a…
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Formal processes crucial to diversifying credit union boards: Report
Credit unions that hope to advance their diversity, equity and inclusion efforts have a better chance of success if their…
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IBD Live Q&A And Two Key Stock Lists For March 5, 2021
lol, great song choice…definitley feels appropriate! Jon Najarian’s choice! Good taste, eh Jeff? Hat Man Dave Finally, some high-quality, respectable…
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Together Credit Union names first chief diversity officer
Together Credit Union in St. Louis named Pier Yvette Alsup as its first chief diversity, equity and inclusion officer. Pier…
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Hawaiian Airlines Stock Soars Past Key Technical Benchmark
When considering what names to put on your watchlist, look for stocks with an 80 or higher RS Rating. Hawaiian…
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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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Dow Jones Futures: Stocks Break Decisively On Fed Chief Powell; Tesla, Google, Microsoft In Focus
Dow Jones futures edged higher Thursday night, along with S&P 500 futures and Nasdaq futures. The stock market rally suffered…
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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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D.C. power shift complicates Fed decision on capital rule
WASHINGTON — Pressure continues to mount on the Federal Reserve from both sides as the central bank mulls an extension…
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Tech Giant Siemens Earns Key Rating Upgrade; Has It Turned The Corner?
Top-ranked German technology giant Siemens seems to be recovering nicely from the coronavirus crash last year. In the intervening period…
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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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CDFIs, minority-owned banks to get $9B from Treasury for COVID relief
WASHINGTON — The Treasury Department is investing $9 billion into community development financial Institutions and minority depository institutions as a…
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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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Inside Dwolla’s efforts to find a formula for faster payments
For more content like this, from the industry leader in global payments coverage, please visit PaymentsSource.com. Whether it is baseball…
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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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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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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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Ford Stock: Will Ford Options Shoot Higher Like Rocket Stock?
It looks as if the Reddit/wallstreetbets crowd is at it again. In Tuesday’s column, we mentioned the unusual option volume…
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Warren Buffett Stocks: LULU, Veeva, Logitech Among 12 Stocks On This Screen
Which companies qualify as potential Warren Buffett stocks? Lululemon Athletica (LULU), Veeva Systems (VEEV) and Logitech International (LOGI) are among…
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Dow Jones Reverses Lower As Nasdaq Leads Sell-Off; These Stocks Fall On Earnings
The Dow Jones Industrial Average reversed lower in today’s stock market after paring earlier gains. Meanwhile, the S&P 500 and…
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Snowflake Stock Falls As April Quarter Product Revenue Guidance Edges By Views
Snowflake stock fell after the software maker reported a narrower loss for the January quarter from a year earlier as…
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Xperi Strengthens In Key Performance Metrics
Xperi (XPER) saw its IBD SmartSelect Composite Rating rise to 96 Wednesday, up from 93 the day before. X The…
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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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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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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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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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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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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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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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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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