Financials
Stocks for companies that provide financial services to commercial and retail customers including banks, investment funds, insurance companies and real estate.
Earnings season is starting with banks and airlines lined up to report their performance during the third quarter of the year and US stock futures […]
What to Expect from Bank of America’s Third Quarter Earnings?
The third quarter earnings season kicks off this week led by leading US banks including Bank of America that would report its earnings on Tuesday. […]
Charles Schwab completes acquisition of TD Ameritrade
Online broker Charles Schwab (SCHW) announced today that it completed the acquisition of former rival TD Ameritrade (AMTD) as part of a deal that would […]
US dollar surges for its fifth day as stock sell-off resumes
US dollar surges for its fifth day as stock sell-off resumes The US dollar is opening higher for the fifth consecutive day as investors keep […]
US dollar takes a breather ahead of ECB policy meeting
The US dollar – tracked by the US dollar index – is taking another breather this morning after losing 0.37% yesterday, currently sliding by 0.16% […]
US dollar plunges following Japan’s PM Abe resignation
The US dollar is plunging almost 1% this morning in early forex trading against multiple currency pairs following the resignation of Japan’s Prime Minister Shinzo […]
Wall Street is betting on Visa stock rising next month
Todd Gordon, managing director at Ascent Wealth Partners expects Visa stock to rally another 7% by next month as the “duopoly business” benefits from boosted […]
IPO stocks that look attractive ahead of earnings this week
A number of new initial public offerings (IPO) report this week and could be buys into earnings, according to analysts. During an interview with CNBC’s […]
Rocket IPO sees founder Dan Gilbert’s fortune soar to $34bn
Dan Gilbert (pictured), the owner of America’s largest retail mortgage lender Quicken Loans, successfully became one of the world’s mega-rich after his fortune soared to […]
Warren Buffett plows another $340m into Bank of America stock
Berkshire Hathaway chairman Warren Buffett bought $340m of Bank of America shares in five days between 31 July and 4 August, adding to purchases he […]