Banking & Finance

Did the Switch from Iced Tea to Blockchain only Delay the Inevitable?

When the Long Island Tea Company changed its name to Long Blockchain Corp. (NASDAQ: LBCC) last December, the share price shot up 300%. But gravity is too strong a force ...
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AXA Equitable Gears Up for IPO

AXA Equitable Holdings has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were mentioned in the ...
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Mastercard Closing the Pay Gap for Women

Mastercard Inc. (NYSE: MA), in its commitment to gender equality, recently released a report updating the public on its gender equity practices. This is part of the firm’s movement to ...
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Have Warren Buffett and Berkshire Hathaway Sold More Wells Fargo Shares?

Wells Fargo & Co. (NYSE: WFC) seems to have hardly a week or two go by before another piece of negative news comes out about the bank. On top of ...
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Major Banks Watch Short Interest Slide

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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Victory Capital Gears Up for IPO

Victory Capital Holdings has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company intends to price its 11.7 ...
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Fed Says Wells Fargo Must Restrict Growth, Change Board in Face of Abuses

The Federal Reserve took a step to curb the growth of Wells Fargo & Co. (NYSE: WFC) in the face of a number of abuses by the bank. It is ...
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Why Visa Earnings Are Leaving Investors Cool

Visa Inc. (NYSE: V) reported first-quarter fiscal 2018 results after markets closed Thursday. The credit card issuer posted adjusted diluted earnings per share (EPS) of $1.08 and revenues of $4.86 ...
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Why MasterCard Shares Are Reaching Higher

Mastercard Inc. (NYSE: MA) released its fourth-quarter financial results before the markets opened on Thursday. The company said that it had $1.14 in earnings per share (EPS) and $3.31 billion ...
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SEC Busts Up What It Calls a $600 Million Fraudulent Cryptocurrency Coin Offering in Texas

The Securities and Exchange Commission (SEC) has just made record-breaking news in the world of cryptocurrencies. Dallas-based AriseBank, using social media and a celebrity endorsement, appears to have raised $600 ...
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Cardlytics Announces Potential Pricing for IPO

Cardlytics has filed an amended S-1 form with the Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The Atlanta-based unicorn intends to price its shares in the ...
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Merrill Lynch Says Regulation Changes Huge for 5 Top Banks to Buy

After already having been on a roll since the president was elected in November of 2016, some changes to current regulations could even make the tailwinds behind the financial sector ...
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Deutsche Bank Raises Price Targets on 4 Buy-Rated Bank Stocks

A perfect storm seems to be brewing for the banking industry, and despite some massive gains last year, some companies look like they could still deliver outstanding total returns to ...
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Analysts Keep Raising Target Prices on Financial Stocks After Earnings

Earnings season is underway and that markets are pushing even higher highs. The recent tax reform law has aided many of these companies and markets, making these new highs a ...
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Short Sellers Up the Ante on 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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