When major bank analysts at one bank downgrade the stock (or stocks) of competitors, it has long been considered by some investors that perhaps that analyst is indirectly downgrading its own bank.
Cadence Bancorp intends to price more than 7 million shares in the range of $19 to $21 apiece in an initial public offering valued up to around $181 million.
One key analyst thinks that first-quarter results from banks will not be mind-blowing, but instead believes estimates are still biased upward as more rate hikes get built in, deposit betas remain low and credit…
Financial stocks have perhaps seen the biggest boom since the Trump rally started in late November. But is it safe to keep buying into these stocks now that the rally is seemingly subsiding?
Given the fact that consumer confidence is the highest in 16 years, and the Federal Reserve will continue to raise interest rates, the outlook for the financial sector seems positive.
Online lender Elevate Credit plans an IPO of 7.7 million shares in an expected price range of $12 to $14, raising $100 million. This is the company's second try after withdrawing a planned IPO…
More than 1 million federal student loans went into default last year. The defaulted debt totals more than $137 billion, nearly 10% of total federal student debt outstanding.
We screened Deutsche Bank's research coverage universe for brokers, asset managers and exchanges to find the firm's top ideas. We found four that are rated Buy and remain favorites.
The new Gmail feature does not require users to download any new software, and it works on any Android-powered smartphone or any computer that is connected to the web.
American Express has increased the annual fee for Platinum Card members as of March 30. Many of the new benefits offered these cardholders are useless, because they are for services they rarely, if ever,…