Banking & Finance - Page 2

Will Warren Buffett Dominate the Medical Professional Liability Insurance Market?

It is no secret that Berkshire Hathaway Inc. (NYSE: BRK-A) is a top player in the insurance markets. Most of the investing public thinks of GEICO or National Indemnity, and ...
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Bond Insurers Hold Up Against Puerto Rico Bankruptcy Exposure

There is another Greece situation that was actually closer to the U.S. and may have more directly exposure to the U.S. than Greece. The inevitable bankruptcy of Puerto Rico has finally ...
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JPMorgan Says Buy 5 Top Banks on Recent Sector Weakness

While the earnings season is set to wind down after what was a very solid quarter, one sector has been weak since March, and despite posting some solid results, has ...
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Elevate Credit Not Chased After Quiet Period Reports Issued

Elevate Credit Inc. (NYSE: ELVT) recently came public, and its overallotment option being exercised raised the total number of shares sold to 14.26 million. The offering price of $6.50 per ...
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What Analysts Are Saying About PayPal After Earnings

When PayPal Holdings Inc. (NASDAQ: PYPL) reported its first-quarter financial results late on Wednesday, the numbers blew estimates out of the water. A few analysts have taken this opportunity to weigh in ...
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How New Prospects Are Pushing PayPal to New Highs

PayPal Holdings, Inc. (NASDAQ: PYPL) reported first quarter financial results after markets closed Wednesday. The company posted $0.44 in earnings per share (EPS) and $2.98 billion in revenue, versus consensus ...
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Ocwen Back on the Hot Seat as Regulators File Lawsuits

The federal Consumer Financial Protection Bureau (CFPB) and 22 state regulators on Thursday filed lawsuits and enforcement orders against Ocwen Financial Corp. (NYSE: OCN) alleging that the subprime mortgage loan ...
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Visa Wins Big on Big Bottom Line Beat

Visa Inc. (NYSE: V) reported fiscal second-quarter financial results after markets closed on Thursday. The company said that it had $0.86 in earnings per share (EPS) and $4.5 billion in revenue, ...
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Travelers Sinks After Missed Earnings

Travelers Companies Inc. (NYSE: TRV) reported its first-quarter financial results before the markets opened on Thursday. The company said that it had $2.16 in earnings per share (EPS) and $6.5 ...
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American Express Wins Big on Earnings Even Without Costco

American Express Co. (NYSE: AXP) reported first-quarter financial results after markets closed on Wednesday. The company posted $1.34 in earnings per share (EPS) and $7.89 billion in revenue, versus consensus ...
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Why Morgan Stanley Earnings Shattered Estimates

Morgan Stanley (NYSE: MS) reported first-quarter 2017 results before markets opened Wednesday. The big bank reported diluted earnings per share (EPS) of $1.00 on net revenue of $9.7 billion. In ...
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Bank of America Delivers Earnings Growth and Still at Discount to Book Value

Bank of America Corp. (NYSE: BAC) was expected to be the best exposed bank for rising interest rates and less government regulation. In fact, it has been the best performing of the ...
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Why Goldman Sachs Earnings Disappointed Investors

Goldman Sachs Group Inc. (NYSE: GS) reported first-quarter 2017 results before markets opened on Tuesday. The investment bank reported diluted earnings per share (EPS) of $5.15 on revenue of $8.03 ...
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What Default Rates on Subprime Auto Loans Are Telling Us

About 17% of all U.S. consumers are likely to default on a loan payment over the next year, according to a recent report from UBS. More interesting, perhaps, is who ...
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Will Alibaba Prevail in Bidding War for MoneyGram?

Alibaba Group Holding Ltd. (NYSE: BABA) wants to enter the U.S. market for financial services. To that end, the company's Ant Financial Services unit agreed in January to pay $880 ...
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