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Zacks News
Markets Nose-Dive, but Close Off Lows
by Mark Vickery
Going into our fourth week of markets in the red, it???s becoming harder to hang onto "profit taking" as the sole purveyor of this continued negative sentiment in the market.
European Markets Tumble Overnight
by Mark Vickery
The two hits Europe has taken are a new scandal regarding wide-spread money laundering at some big international banks, along with a second wave of coronavirus infections spreading through the continent.
Mastercard Partners With Usio to Boost City Possible Network
by Zacks Equity Research
Mastercard (MA) continues to integrate Usio's prepaid platform into its City Possible network for effective deployment of prepaid card solutions.
US Markets Down Before the Opening Bell
by Zacks Equity Research
US Markets Down Before the Opening Bell
Byline Bancorp to Consolidate Branches Amid Digitalization Shift
by Zacks Equity Research
Byline Bancorp (BY) ramps up branch-consolidation efforts amid shift to digital banking and reduced footfall in physical branches.
First Horizon, Interchecks to Jointly Build Payments Platform
by Zacks Equity Research
First Horizon (FHN) partners with Interchecks to develop new payments platform in a bid to offer a more seamless experience to customers.
Mastercard & HSBC to Promote Sustainable Urban Development
by Zacks Equity Research
Mastercard (MA) collaborates with HSBC, which joins Mastercard's City Possible network for addressing several urban challenges.
HSBC to Waive Fees for About 26 Banking Services in Hong Kong
by Zacks Equity Research
HSBC might face pressure on top line after it eliminates fees for several general banking and transaction services post Nov 1 to beat competition.
JPMorgan to Shift Brazil Private Banking Clients to Bradesco
by Zacks Equity Research
JPMorgan (JPM) inks an agreement with Brazil's Banco Bradesco to transfer its private banking business in the country to the Brazilian lender.
Credit Suisse (CS) to Shut Branches, Slash Jobs in Swiss Unit
by Zacks Equity Research
Credit Suisse (CS) to move on with restructuring plan of cost savings with enhanced digital services and job cuts.
Credit Suisse (CS) Under Belgium Regulators' Investigations
by Zacks Equity Research
Credit Suisse (CS) comes under the purview of Belgian investigators over money laundering and illegal activities related to tax-evasion suspicions.
Westpac Banking (WBK) to Divest Vendor Finance Business
by Zacks Equity Research
Divestiture of the Vendor Finance business is part of Westpac Banking's (WBK) efforts to move away from non-core operations amid coronavirus scare.
JPMorgan Plans Launch of Online Bank in U.K. in Early 2021
by Zacks Equity Research
JPMorgan's (JPM) plan to offer digital banking services in the U.K. by early next year is likely to support profitability, going forward.
Bank of Nova Scotia Settles Spoofing and Swap Dealing Probe
by Zacks Equity Research
Bank of Nova Scotia (BNS) settles three cases with the CTFC and one criminal case with DOJ for a penalty of more than $127 million.
SVB Financial (SIVB) to Hire 80 Bankers, Expand in U.K.
by Zacks Equity Research
SVB Financial (SIVB), through its banking subsidiary Silicon Valley Bank, is planning to hire 80 workers and expand presence in the U.K.
New Strong Sell Stocks for August 19th
by Zacks Equity Research
Here are 4 stocks added to the Zacks Rank #5 (Strong Sell) List today
NatWest Plans Restructuring to Cut Costs Amid Coronavirus Scare
by Zacks Equity Research
NatWest (NWG) intends to slash jobs and close an office, in line with its cost-cutting measures.
The Zacks Analyst Blog Highlights: Adobe, Abbott Laboratories, Barrick Gold, HSBC Holdings and Square
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Adobe, Abbott Laboratories, Barrick Gold, HSBC Holdings and Square
Toronto-Dominion Signs Data-Access Agreement With Finicity
by Zacks Equity Research
Toronto-Dominion (TD) looks to leverage financial data through its agreement with Finicity to offer superior products and services to customers in a secure manner.
Top Analyst Reports for Adobe, Abbott & Barrick Gold
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Adobe Systems (ADBE), Abbott Laboratories (ABT) and Barrick Gold (GOLD).
Mitsubishi UFJ (MUFG) Q1 Earnings Disappoint, Expenses Up
by Zacks Equity Research
Mitsubishi UFJ's (MUFG) first-quarter fiscal 2020 results underline elevated credit costs and expenses, partly offset by higher gross profits.
ItauUnibanco (ITUB) Q2 Earnings Disappoint, Revenues Down
by Zacks Equity Research
ItauUnibanco's (ITUB) second-quarter 2020 results reflect lower revenues, elevated provisions and a decline in expenses.
HSBC Q2 Pre-Tax Profit Declines Y/Y on Lower Revenues
by Zacks Equity Research
HSBC records a decline in revenues along with lower expenses in the second quarter of 2020.
Apple's (AAPL) Q3 Earnings Beat, iPad & Mac Aid Sales Growth
by Zacks Equity Research
Apple's (AAPL) third-quarter fiscal 2020 results reflect robust performance of iPad, Mac, Services and Wearables despite the coronavirus crisis.
Top Analyst Reports for Procter & Gamble, PayPal & QUALCOMM
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including The Procter & Gamble (PG), PayPal Holdings (PYPL) and QUALCOMM (QCOM).