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Zacks News
Bond-Rigging Lawsuit Against Wall Street Banks Dismissed
by Zacks Equity Research
The lawsuit against big banks, accusing them of rigging the $14 trillion U.S. Treasury Bond market between 2005 and 2015, is dismissed.
Citigroup (C) Faces Fine in Nigeria Over Forex Violations
by Zacks Equity Research
Citigroup (C) faces fine for helping MTN Group to illegally transfer funds from Nigeria to its own country.
What's Next For Facebook (FB) Stock One Month After Its Historic Decline?
by Benjamin Rains
It has been roughly one month since Facebook (FB) reported second-quarter financial results that sent many investors running. So let's evaluate Facebook since its infamous July 25 earnings release.
FDIC-Insured Banks' Q2 Earnings Ramp Up on High Revenues
by Zacks Equity Research
FDIC-insured commercial banks and savings institutions' stellar Q2 earnings driven by higher net operating revenues and lower provisions, partly muted by elevated non-interest expenses.
Bank Stock Roundup: Fed Minutes, JPMorgan, Wells Fargo & BofA Dominate Headlines
by Zacks Equity Research
Indications of interest rate hike on the back of strong economy and business restructuring efforts by banks remain in focus.
Wells Fargo Sees a Silver Lining in Discrimination Lawsuit
by Zacks Equity Research
Wells Fargo (WFC), which has been embroiled in various lawsuits for more than a year, hopes for a respite.
BofA, Citi Witness Ban From Louisiana Deal Over Gun Policies
by Zacks Equity Research
Bank of America (BAC) and Citigroup (C) continue to receive criticism for their stance on gun policies adopted post mass shootings in some high schools earlier this year.
Royal Bank of Scotland Fined $4.9B for MBS Suit Settlement
by Zacks Equity Research
The Royal Bank of Scotland (RBS) agrees to pay $4.9-billion (pound 3.62 billion) as settlement for resolving mortgage-backed securities (MBS) suit, per Reuters.
Stock Market News For Aug 15, 2018
by Zacks Equity Research
Markets closed sharply higher on Tuesday, as the Turkish lira staged a rebound after hitting an all-time low.
Mild Recovery For Turkey's Lira
by Zacks Equity Research
Mild Recovery For Turkey's Lira
Index Futures Jump as Turkish Lira Stages Rebound
by Zacks Equity Research
U.S. stock index futures recorded solid gains ahead of market open on Tuesday as the Turkish lira staged a rebound.
Stock Market News For Aug 14, 2018
by Zacks Equity Research
Markets ended lower on Monday as Turkey???s financial crisis deepened denting investors??? confidence once again, leading to huge selloffs in financial stocks.
The Zacks Analyst Blog Highlights: Citigroup, Bank of America, Goldman Sachs, JPMorgan, Morgan Stanley, Wells Fargo, Armstrong Flooring, Bridgepoint, Summer Infant, BG Staffing and Atlantic Power
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Citigroup, Bank of America, Goldman Sachs, JPMorgan, Morgan Stanley, Wells Fargo, Armstrong Flooring, Bridgepoint, Summer Infant, BG Staffing and Atlantic Power
How Worried Should Investors Be About Facebook (FB) Stock?
by Benjamin Rains
Facebook (FB) has seen its stock price sink over 13% since it reported second-quarter financial results that highlighted some potentially scary trends.
Stock Market News For Aug 13, 2018
by Zacks Equity Research
Markets ended sharply lower on Friday as Turkey???s economic crisis deepened, pushing the lira to a record low against the dollar.
The World Is Catching Turkey's Cold
by Zacks Equity Research
The World Is Catching Turkey's Cold
Index Futures Gyrate on Turkey's Growing Economic Crisis
by Zacks Equity Research
U.S. stock index futures wobbled ahead of market open on Monday, as the Turkish lira continued to slide.
Turkey Crisis Spills Over to Wall Street: Winners & Losers
by Tirthankar Chakraborty
Trump approves higher tariffs on imports from Turkey, levies a 20% duty on aluminum and 50% on steel, sending lira into a freefall.
Citigroup (C): Strong Industry, Solid Earnings Estimate Revisions
by Zacks Equity Research
Citigroup (C) is seeing solid earnings estimate revision activity and is a great company from a Zacks Industry Rank perspective.
Why Facebook's (FB) Banking Push Should Scare Investors
by Benjamin Rains
Shares of Facebook (FB) popped Monday following a Wall Street Journal report that the social media company asked banking giants for detailed financial information about their customers in an effort to offer more services and boost user engagement. Facebook's move could spark more data security concerns and highlights the firm's user growth problem.
The Zacks Analyst Blog Highlights: Apple, Procter & Gamble, Citigroup, Petrobras and Aflac
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Apple, Procter & Gamble, Citigroup, Petrobras and Aflac
Wells Fargo Enters Into Settlement With DOJ for RMBS Suit
by Zacks Equity Research
Wells Fargo (WFC) agrees to pay a massive fine without admitting liability of the allegations it has been charged with.
Top Research Reports for Apple, Procter & Gamble & Citigroup
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including Apple (AAPL), Procter & Gamble (PG) and Citigroup (C).
Are Options Traders Betting on a Big Move in Citigroup (C) Stock?
by Zacks Equity Research
Investors need to pay close attention to Citigroup (C) stock based on the movements in the options market lately.
Stock Market News For Jul 24, 2018
by Zacks Equity Research
Both the S&P 500 and Nasdaq Composite gained on Monday buoyed by strong performance of financials and technology sectors