Banking & Finance


H&R Block Sinks Despite Beating Estimates

When H&R Block Inc. (NYSE: HRB) reported its fiscal second-quarter financial results late Wednesday, the company posted a net loss of $0.67 per share and $131.3 million in revenue. The consensus ...
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JPMorgan’s Dimon New Head of Business Roundtable

Banker Jamie Dimon, chairman and CEO of JPMorgan Chase & Co. (NYSE: JPM), was named Wednesday to succeed Caterpillar Inc. (NYSE: CAT) chairman and CEO Doug Oberhelman as chairman of ...
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Jefferies Says Banks Still Have Room to Run: 4 Top Picks to Buy Now

One industry that exploded out of the gate after the Donald Trump victory was the banks stocks, especially the big boys. The question on the minds of many investors is a simple ...
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Highly Anticipated Marijuana REIT Has Very Quiet IPO

Innovative Industrial Properties Inc. (NYSE: IIPR) entered the markets relatively quietly on Thursday. The company priced its offering at $20 per share for its 4 million shares, with an overallotment ...
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FDIC Banks Now Posting Record Profits

If you have seen the post-election rally in banks, you might just assume that the gains are tied to expectations of higher earnings, more growth and less regulation ahead. That ...
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Athene Holding Announces Potential Pricing for IPO

Athene Holding has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). The company expects to price its 23.75 million ...
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Athene Holding Updates Finances in Most Recent IPO Filing

Athene Holding has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO), making this the fifth amendment. The company did ...
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SEC Charges JPMorgan With FCPA Violation

The U.S. Securities and Exchange Commission (SEC) recently announced that JPMorgan Chase & Co. (NYSE: JPM) has agreed to pay over $130 million to settle charges that it won business ...
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Online lending

Surge in Online Loan Defaults Sends Shockwaves Through the Industry

Special from ZeroHedge Online lenders were supposed to revolutionize the consumer loan industry. Instead, they are rapidly becoming yet another "the next subprime." We first started writing about the P2P ...
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Mary Jo White

Mary Jo White to Step Down as SEC Chair

The U.S. Securities and Exchange Commission (SEC) Chair Mary Jo White, after nearly four years as the agency’s head, recently announced that she intends to leave at the end of ...
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Even If Warren Buffett Did Not Sell Wells Fargo, Why He Might Not Have Bought More Either

There has been a lot to consider about Wells Fargo & Co. (NYSE: WFC) since its account-opening scandal broke. One top consideration is that we now know about Warren Buffett's ...
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Athene Holding Gears Up for IPO

Athene Holding has registered an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). The company did not list any pricing information ...
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Which Major Banks Are Performing the Best for a Trump Presidency

That was fast. The media had warned frequently that a Donald Trump victory would bring immediate calamity to the financial markets. But with control of the House and Senate still in ...
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Online lending

LendingClub Earnings Surprise Energizes Investors

Peer-to-peer loan maker LendingClub Corp. (NYSE: LC) released its third-quarter 2016 results before markets opened Monday. The company reported an adjusted diluted per share loss of $0.04 and total revenues ...
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What to Look for in Square Earnings

Square Inc. (NYSE: SQ) is set to report its third-quarter financial results after the markets close on Tuesday. Thomson Reuters has consensus estimates that are calling for a net loss ...
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