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Zacks News
Stock Market News For Sep 6, 2017
by Zacks Equity Research
The Dow suffered a loss of more than 200 points on Tuesday to register its worst one-day drop since Aug 17, ending its four day winning streak.
Patterson-UTI (PTEN) Rallies on MS Energy Acquisition Deal
by Zacks Equity Research
The acquisition of MS Energy bodes well for Patterson-UTI (PTEN), given the compelling strategic rationale of the transaction.
Why Did Big Bank Stocks (GS, JPM, BAC) Sink Today?
by Benjamin Rains
Several massive investment banks saw their stock prices fall in the first day of trading after the Labor Day weekend on the back of continuing tensions surrounding North Korea.
Equinix (EQIX) Announces Pricing of Senior Notes Worth ???750M
by Zacks Equity Research
Equinix (EQIX) remains positive on growing demand for data centers and public offerings.
5 Best Performing Stocks of August
by Swarup Gupta
Markets traversed a month characterized by turbulence but ultimately closed in the green.
Stock Market News For Sep 1, 2017
by Zacks Equity Research
The Nasdaq notched up a record high on Thursday following a surge in biotech stocks.
The Zacks Analyst Blog Highlights: Johnson & Johnson, JPMorgan, Microsoft, Motorola, J.M. Smucker and Entergy
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Johnson & Johnson, JPMorgan, Microsoft, Motorola, J.M. Smucker and Entergy
Regions Financial on Track to Achieve Cost Control Targets
by Zacks Equity Research
Regions Financial's (RF) expense control measures along with robust capital position reflect its upside potential. However, legal costs remain a woe.
Sallie Mae (SLM) Struggles With Rising Costs: Time to Sell?
by Zacks Equity Research
Sallie Mae's (SLM) increasing expenses and over dependence on brokered deposits might limit the stock's upside potential.
5 Reasons That Make JPMorgan (JPM) an Attractive Choice Now
by Zacks Equity Research
Given the improving fundamentals and growth prospects, JPMorgan (JPM) stock seems to be an attractive buying option.
Goldman Sachs (GS) to Boost Commodities Unit With New Hires
by Zacks Equity Research
Goldman Sachs (GS) plans to hire senior employees and lure new clients in order to improve trading performance.
Bank Stock Roundup: Inflation & Policy Matters Dominate, Wells Fargo, KeyCorp in Focus
by Zacks Equity Research
Investors' pessimistic stance continued for the banking stocks over the last five trading days. Inflation woes and uncertainty related to implementation of proposed policy changes dominated the headlines.
JPMorgan, Morgan Stanley & Four Others Sued by Pension Funds
by Zacks Equity Research
Six major investment banks have been sued by pension funds for trying to block competition in the stock lending market.
Bank Stocks to Outdo Broader Markets This Year: 5 Picks
by Tirthankar Chakraborty
Goldman predicts that the banking sector will beat the broader market on increased dividends and stock buybacks.
Why Is JPMorgan (JPM) Up 1.2% Since the Last Earnings Report?
by Zacks Equity Research
JPMorgan (JPM) reported earnings 30 days ago. What's next for the company? We take a look at earnings estimates for some clues.
Snap Sinks To New Low, Then Soars: Here's Why
by Benjamin Rains
Shares of Snap (SNAP) fell to a new all-time intraday low again on Monday morning, only to see the company's stock price pop later.
Bank Stock Roundup: Focus Shifts from Earnings to Geopolitical Tensions, Wells Fargo Hits Headlines
by Zacks Equity Research
North Korean tensions reduce investors' optimism on the overall second-quarter earnings performance of the banking industry.
Dow 30 Stock Roundup: Disney Ends Deal with Netflix, Dow & DuPont Set Merger Date
by Swarup Gupta
The Dow ended its record run of wins to suffer a dramatic decline near the end of the week.
Why Did Hertz (HTZ) Stock Skyrocket Today?
by Benjamin Rains
Hertz (HTZ) reported a $158 million second-quarter loss on Tuesday, yet investors guzzled up the struggling rental car company???s stock on Wednesday.
Stock Market News For August 07, 2017
by Zacks Equity Research
The blue-chip index registered its 34th record for 2017 to finish above the 22,000 threshold yet again.
Dow 30 Stock Roundup: Apple Impresses, Pfizer Beats on Earnings
by Swarup Gupta
The Dow breached the psychological 22,000 barrier during a week of strong gains.
Stock Market News For August 02, 2017
by Zacks Equity Research
The Dow registered yet another record high on Tuesday, stopping just short of attaining the psychological milestone of 22,000.
Why You Should Bet on Blue Chip ETFs Now
by Sanghamitra Saha
Three reasons to dive into blue-chip ETFs right now.
Regions (RF) Rewards Shareholders with 29% Dividend Hike
by Zacks Equity Research
As part of its 2017 capital plan (approved by the Federal Reserve), Regions Financial Corporation's (RF) board of directors announced a 29% hike in the company's quarterly common stock dividend.
Wells Fargo Lays Off 70 Executives Post Accounts Scandal
by Zacks Equity Research
Wells Fargo & Company (WFC) has decided to lay off some senior executives in order to organize management.