Banking & Finance - Page 2

2018 Bull/Bear Outlook: American Express, Visa Look Good for Another Year

Now that 2017 is done and 2018 has arrived, investors have to contemplate what to expect ahead. After all, this raging bull market is nearing nine years old, and it ...
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China Blocked for MoneyGram Acquisition

MoneyGram International Inc. (NASDAQ: MGI) shares took a big step back on Wednesday after its acquisition was blocked by the U.S. government, specifically the Committee on Foreign Investment in the ...
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2018 Bull/Bear Outlook: Goldman Sachs Can Become Golden Slacks Again

Now that 2017 is gone and 2018 has arrived, investors have to contemplate what to expect ahead. After all, this raging bull market is now nearing nine years old, and it has ...
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Goldman Sachs Sees Massive $5 Billion Hit From Cash Repatriation

Goldman Sachs Group Inc. (NYSE: GS) said in a filing with the U.S. Securities and Exchange Commission on Thursday that the new Republican tax legislation could slice $5 billion from ...
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Why Are Short Sellers Making Big Bets Against Major Banks?

The financial sector was a major part of the Great Recession, and it has been a major part of the recovery and raging bull market since then. Generally speaking, the ...
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Bitcoin Down 22% in Past Week

The bitcoin crash has come, but will it go away? The digital currency lost 22% in value over the past week, falling to $15,180. The case made for bitcoin value ...
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Analyst’s 4 Top Texas Bank Stocks May Be the Best 2018 Buys

The financials as a whole have had an incredible year, and they especially took off big-time last year following the presidential election. The reality is that most of the big ...
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LexinFintech Announces Potential Pricing for IPO

LexinFintech Holdings has filed an amended F-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company expects to price its 12 million ...
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LexinFintech Gears Up for IPO

LexinFintech Holdings has registered an amended F-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were given in this filing, ...
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Bank of America Sees Massive Surge in Short Interest

Bank of America Corp. (NYSE: BAC) saw one of the biggest shifts in its short interest in the most recently reported two-week period. Short interest increased by over 13 million ...
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Bitcoin Futures Trading Launch Mostly Without Incident

At 6:00 p.m. ET on Sunday, the Chicago Board of Options Exchange (CBOE) launched its Bitcoin futures contract. The contracts trade under the ticker symbol XBT and the opening price ...
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Can the ‘Bitcoin Stocks’ Really Stay (or Come Back) Bitcoin Winners?

The excitement around bitcoin has been understandable. With it seeing exponential gains in 2017, the benchmark cryptocurrency has drawn enough attention for itself and for other cryptocurrencies. At the end ...
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How Goldman Sachs Could Rise 20% in 2018 (Maybe 40% Over Time)

Goldman Sachs Group Inc. (NYSE: GS) could be in for a good 2018. This stock has greatly lagged the market gains in 2017, and it has lagged peer bank and ...
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Top Analyst Says Big Upside Left in Banks: 4 to Buy for 2018

If any sector has been on a roll since last year's presidential election, it’s the banking and financial arena. The basic improvement in overall confidence and the hopes for less ...
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Analysts Hiking BMO Price Targets After Earnings and Dividend News

Canadian banking giant Bank of Montreal (NYSE: BMO), which is also a substantial player in the United States, has seen a warm reception to the earnings and dividend announcement. Its ...
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