Banking & Finance - Page 2

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New York Mortgage Trust Discounted Secondary Offering, With 13% Yield

New York Mortgage Trust Inc. (NASDAQ: NYMT) announced on Thursday, that it will have a secondary offering of 13 million shares at a price of $7.94 per share. After the ...
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aluminum cans

U.S. Senate Report Documents Banks’ Commodity Shenanigans

Beginning Thursday, the U.S. Senate’s Permanent Subcommittee on Investigations will hold two days of hearings related to its own report on the activities of big Wall Street banks in the ...
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Synchrony Files for $7.5 Billion Debt Offering

Many investors are wondering when the real filings will come from General Electric Co. (NYSE: GE) outlining additional exit details of Synchrony Financial (NYSE: SYF). We do not yet have ...
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Merrill Lynch Sees Optimism for Big Banks Headed Into 2015

With Merrill Lynch wrapping up the firm's 23rd annual financial services conference earlier this month, one thing was for sure when they polled investors. Despite the slow loan growth in ...
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car sales

What a Combined Susquehanna and BB&T Will Look Like

BB&T Corp. (NYSE: BBT) announced Wednesday morning that it will acquire Susquehanna Bancshares Inc. (NASDAQ: SUSQ) in a $2.5 billion agreement. The deal is a cash-and-stock one in which Susquehanna ...
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Wall Street/NYSE

Stock Market Rally Has Money Pouring Into These 5 Top Stocks

Everybody that invests in equities loves it when the stock market rallies. Especially the kind of secular bull market rally that we appear to be in now after the market ...
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Are Mergers and Acquisitions Between Private Equity Firms Coming Soon?

Should the market get ready for large private equity firms to gobble up the smaller ones? That is one hint suggested in a research report by Craig Siegenthaler of Credit ...
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initial public offering

On Deck Files for IPO

On Deck Capital Inc. has filed an S-1 form with the U.S. Security and Exchange Commission (SEC) for an initial public offering (IPO). No terms were given for the offering, ...
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Wall Street/NYSE

Genworth Shares Cut in Half After Earnings Miss

Genworth Financial Inc. (NYSE: GNW) announced its quarterly earnings after the market closed on Wednesday as a net loss of $844 million, or $1.70 per share. The turnaround that the ...
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investor research

Annaly Earnings Welcome the End of QE

Annaly Capital Management Inc. (NYSE: NLY) reported its third-quarter earnings Wednesday after the market close as $0.31 per share, against a Thomson Reuters consensus estimate of $0.31. The third quarter ...
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Merrill Lynch’s 3 Top Global Bank Stocks to Buy Have Tremendous Upside

In a world where the financial system stretches to the lengths of the globe, investors wanting to add financials to a well-rounded portfolio need to look for investment banks with ...
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AIG: Profits Rise, Debt Declines and Share Buyback Grows

American International Group Inc. (NYSE: AIG) reported third-quarter 2014 earnings after markets closed on Monday. The multinational insurer posted diluted earnings per share (EPS) of $1.52 on revenues of $8.63 ...
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piggy bank

Analysts Begin Mixed to Aggressive Ratings on Citizens Financial Group

Citizens Financial Group Inc. (NYSE: CFG) has seen its quiet period come to an end, so analysts inside of the syndicate group could initiate coverage on the bank holding company. The ...
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Why WisdomTree Is Back!

WisdomTree Investments Inc. (NASDAQ: WETF) may seem like an unusual bull market barometer, considering how many investment management firms there are, but Wisdom Tree is back. The company may be ...
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New Regulatory Communications Slap Citi Earnings and Ratios Lower

Citigroup Inc. (NYSE: C) has just used the children's game excuse of "Do Over!" for the third-quarter earnings. Citi announced after the close that it is lowering its previously reported ...
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