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Zacks News
Wells Fargo (WFC) Sued Over Unfair Discrimination Practices
by Zacks Equity Research
Wells Fargo (WFC) faces yet another suit over its discriminatory lending practices, this time from the city of Sacramento.
Fed Chair Powell All Set to Hike Rates
by James Giaquinto
Fed Chair Powell All Set to Hike Rates
Warren Buffett Maintained His Formidable Relevance
by Zacks Equity Research
Warren Buffett Maintained His Formidable Relevance
Oracle of Omaha Sets the Table
by Mark Vickery
Warren Buffett maintained his formidable relevance this morning, following his 53rd yearly letter to shareholders released this weekend.
Bank Stock Roundup: Aggressive Rate Hikes Likely, Citi, U.S. Bancorp in Focus
by Zacks Equity Research
Banks are likely to gain from the potential aggressive rate hikes by the Federal Reserve.
Financial ETFs & Stocks to Buy Post Fed Minutes
by Sweta Killa
The hawkish signals in the Fed minutes pushed Treasury yields higher, and are expected to benefit the financial sector.
Albertsons-Rite Aid in Merger Pact: Know the Deal Inside Out
by Zacks Equity Research
The grocery and drug store industries are about to witness further consolidation with grocer Albertsons Companies proposing to buy the distressed drugstore retailer, Rite Aid Corporation (RAD).
The Zacks Analyst Blog Highlights: Citigroup, JPMorgan, Wells Fargo, PNC and Northern Trust
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Citigroup, JPMorgan, Wells Fargo, PNC and Northern Trust
Fed to Speed Up Rate Hikes? 4 Bank Stocks to Buy
by Zacks Equity Research
The possibility of aggressive rate hikes by the Fed through 2018 will likely boost bank profits.
First Republic Bank's (FRC) Ratings Affirmed by Moody's
by Zacks Equity Research
Moody's Investors Service affirms all ratings of First Republic Bank (FRC). Further, the rating firm's outlook for the bank has been maintained at "stable".
Goldman's (GS) CEO Blankfein's Pay Raised by 9% in 2017
by Zacks Equity Research
Goldman's (GS) chairman and chief executive officer (CEO), Lloyd Blankfein, received about 9% pay hike in his total compensation package to $24 million in 2017.
Citigroup (C) CEO Corbat's Compensation Hiked by 48% in 2017
by Zacks Equity Research
Citigroup's (C) chief executive officer (CEO), Michael Corbat, received about 48% pay hike in his total compensation package to $23 million in 2017.
Bank Stock Roundup: Some Reasons for Optimism, Wells Fargo and Citi in Focus
by Zacks Equity Research
Investors' optimism on the encouraging economic growth and Trump's infrastructure plan drive banking stocks higher.
Stock Market News for Feb 15, 2018
by Zacks Equity Research
Benchmarks closed in the green on Wednesday for fourth straight trading days, registering their best such feat in more than five weeks
JPMorgan or Citi: Which Bank Stock to Buy Post Q4 Earnings?
by Zacks Equity Research
Both JPMorgan (JPM) and Citigroup (C) are well poised for growth.
ETFs to Play in a Rising Rate Scenario
by Zacks Equity Research
Financials, Consumer Discretionary and Tech ETFs benefit from rising rate expectations.
BofA (BAC) Raises CEO Moynihan's 2017 Compensation by 15%
by Zacks Equity Research
BofA's CEO, Brian Moynihan receives a 15% hike in his 2017 compensation. Gets total pay of $23 million.
Mitsubishi UFJ to Pay $30M to Resolve Yen LIBOR Rigging Case
by Zacks Equity Research
Resolution of yen LIBOR manipulation charges is a step in the right direction for Mitsubishi UFJ (MTU).
Citi (C) to Open Innovation Lab in London, Make New Hires
by Zacks Equity Research
Citigroup (C) to boost London's financial technology sector through the innovation center investment.
TRP vs. ENB: Which Is a Better Buy Ahead of Q4 Earnings?
by Zacks Equity Research
With TransCanada and Enbridge scheduled to report on Feb 15 and Feb 16, respectively, this may be a good time to consider which of these is a better stock.
NCR Q4 Earnings Beat on Strength in Software, Services
by Zacks Equity Research
NCR gains from Software and Services segments in fourth-quarter 2017 results.
Bank Stock Roundup: Markets in Correction Mode, Wells Fargo Dominates Headlines
by Zacks Equity Research
Stock market correction and Wells Fargo remain in focus over the last five trading sessions.
Stock Market News For Feb 9, 2018
by Zacks Equity Research
Markets slipped into a correction on Thursday after a 1,000 point decline in the Dow.
S&P Downgrades Wells Fargo Ratings, Stable Outlook Affirmed
by Zacks Equity Research
S&P Global Ratings downgrades the ratings of Wells Fargo (WFC) and its subsidiaries. However, the rating firm has kept the outlook at "stable".
Zacks Market Edge Highlights: Lumber Liquidators, DR Horton, JP Morgan, H&E Equipment and EOG
by Zacks Equity Research
Zacks Market Edge Highlights: Lumber Liquidators, DR Horton, JP Morgan, H&E Equipment and EOG