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Zacks News
Fifth Third Unveils Cardless ATMs to Boost Digitalization
by Zacks Equity Research
Fifth Third Bancorp (FITB) officially rolls out cardless technology at more than 2,500 ATMs in 10 states which will allow customers to use ATMs without physical debit cards.
CVS Health a Step Closer to Aetna Merger: Boon or Bane?
by Zacks Equity Research
The CVS Health (CVS)-Aetna deal has surfaced after Amazon, Berkshire Hathaway and JPMorgan Chase revealed their plans to form a joint venture.
Stock Market News for March 14, 2018
by Zacks Equity Research
Benchmarks finished in negative territory on Tuesday after Trump administration dismissed U.S. Secretary of State Rex Tillerson
Should Banks Feel Threatened by Amazon's Entry?
by Swayta Shah
As Amazon (AMZN) intends to enter the banking space, existing banks must counter the intrusion by making their products and services more attractive.
Stock Market News for March 12, 2018
by Zacks Equity Research
An investor friendly jobs report led the benchmarks to close in the green on Friday, with the Nasdaq reaching an all-time high
Morgan Stanley (MS) Ratings, Outlook Affirmed by Moody's
by Zacks Equity Research
Morgan Stanley's (MS) ratings and outlook affirmation reflects strong fundamentals and further scope for improvement in profitability.
Bank Stock Roundup: Trading Rebound, Lesser Regulations & Wells Fargo
by Zacks Equity Research
Rebound in trading activities, expectation of lesser regulations and chances of rate hike support banking stocks' performance.
Cigna to Buy Express Scripts: Healthcare ETFs in Focus
by Sweta Killa
Waves of mergers and acquisitions have been heating up the healthcare space.
Congress Moves to Repeal Dodd-Frank: Custodian Banks to Gain
by Zacks Equity Research
After the reduction in corporate tax rates in late 2017, the banking sector now looks forward to lessening of regulations that would lower costs.
Bank Stocks Up on Expected Trading Revenues Rebound in Q1
by Zacks Equity Research
Banks expect trading revenues to rebound in first-quarter 2018 on increased volatility.
Amazon CEO Tops Forbes Rich List, Shares Hit 52-Week High
by Zacks Equity Research
Amazon (AMZN) attains 52-week high on AWS strength and diversified presence. Meanwhile, CEO Jeff Bezos tops Forbes Rich List for the first time.
RBS Closes Mortgage Mis-Selling Probe With New York for $500M
by Zacks Equity Research
Settlement with the U.S. justice department continues to remain a concern for the Royal Bank of Scotland Group (RBS).
BB&T (BBT) Raises CEO King's 2017 Compensation by 9.1%
by Zacks Equity Research
BB&T (BBT) raised 2017's total compensation for its CEO as well as COO by 9.1% and 24.6%, respectively, through stock grants.
Profit From Share Buyback Boom With These ETFs
by Sweta Killa
2018 is expected to be the second-busiest year for buybacks since the bull market began in 2009 buoyed by the new tax law.
Amazon (AMZN) Gains As Company Eyes Bank Deals, Checking Accounts
by Ryan McQueeney
Shares of Amazon (AMZN) surged more than 1.2% in late-morning trading Monday after new reports linked the company to the financial industry.
Fretting Over Trump Tariffs? Buy 5 Ultra-Safe Stocks Now
by Tirthankar Chakraborty
Trump tariffs could harm global economic growth that was widely seen as the major driving force behind the stock market's rally in 2017.
The Zacks Analyst Blog Highlights: Citigroup, Wells Fargo and JPMorgan
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Citigroup, Wells Fargo and JPMorgan
Bank Stock Roundup: Powell's Congressional Testimony, Citi, Wells Fargo in Focus
by Zacks Equity Research
Aggressive rate hikes and improving economy will be beneficial for the banks' financial performance.
Stock Market News for March 2, 2018
by Zacks Equity Research
Benchmarks closed in the red on Thursday after President Trump said that new tariffs will be imposed on aluminum and steel imports by the U.S. next week
The Zacks Analyst Blog Highlights: JPMorgan, Bank of America, Citigroup and U.S. Bancorp
by Zacks Equity Research
The Zacks Analyst Blog Highlights: JPMorgan, Bank of America, Citigroup and U.S. Bancorp
Deutsche Bank to Settle Libor Manipulation Case for $240M
by Zacks Equity Research
Deutsche Bank's (DB) expenses might remain elevated in the near term due to pending legal hassles.
FDIC-Insured Banks Q4 Earnings Dismal, Tax Charge Recorded
by Zacks Equity Research
FDIC-insured commercial banks and savings institutions' Q4 earnings impacted by the U.S. tax reform, along with elevated loan provisions and non-interest expenses.
Equinix (EQIX) Plans to Borrow 750M Euro Through Senior Notes
by Zacks Equity Research
Equinix Inc. (EQIX) recently announced plans of its public offering of 750 million Euro aggregate principal amount of senior notes.
The Road Ahead for JPMorgan (JPM) Amid Improving Economy
by Zacks Equity Research
Lower taxes, higher interest rates and overall improving economy are expected to support JPMorgan's (JPM) financials going forward.
Stock Market News for Feb 27, 2018
by Zacks Equity Research
Benchmarks closed in the green on Monday for the third consecutive trading day