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Zacks News
JPMorgan (JPM) Rewards Shareholders with 4.2% Dividend Hike
by Zacks Equity Research
JPMorgan Chase & Co.'s (JPM) board of directors approved a 4.2% hike in the company's quarterly common stock dividend.
These Sectors Got Crushed in Worst Trading Day of 2017
by Madeleine Johnson
Today marked the worst trading day of 2017 so far, with the financials and materials sectors taking some of the biggest hits as investors anxiously await a key healthcare vote.
Goldman Sachs (GS) Reduces CEO's Salary by 27% for 2016
by Zacks Equity Research
The Goldman Sachs Group Inc. (GS) slashed its Chief Executive Officer (CEO), Lloyd Blankfein's2016 compensation by 27%, as disclosed in the company's proxy filling on Friday.
Looking Past the Noise
by Sheraz Mian
It is hard to stay sanguine during days like today, but you have to look past these near-term hiccups to make sustainable long-term gains
BofA (BAC) Might Shift to Dublin from London Post Brexit
by Zacks Equity Research
According to Nikolaus Naerger, Bank of America Corporation's (BAC) head of corporate banking in Germany, Switzerland and Austria, the banking giant might move to Dublin for its business operations in the European Union (EU) as a result of Brexit.
Equinix (EQIX) Commences Public & Senior Notes Offerings
by Zacks Equity Research
Equinix Inc. (EQIX) recently commenced a concurrent public offering of $1.9 billion of its common stock and $1.25 billion in principal amount of its senior notes.
MeetMe (MEET) Q4 Earnings In Line with Estimates, Shares Up
by Zacks Equity Research
MeetMe Inc.'s (MEET) share price advanced 16.17% on Mar 7, after the company reported impressive fourth-quarter 2016 results.
5 European Stocks to Buy as Trump Rally Weakens
by Swarup Gupta
There is a compelling case for looking beyond the success of U.S. stocks and diversifying into other markets, particularly Europe
The Zacks Analyst Blog Highlights: JPMorgan, Caterpillar, Broadcom, Mondelez and Becton Dickinson
by Zacks Equity Research
The Zacks Analyst Blog Highlights: JPMorgan, Caterpillar, Broadcom, Mondelez and Becton Dickinson
5 Bank Stocks to Buy as Fed Hints at a Rate Hike in March
by Tirthankar Chakraborty
Fed Chair Janet Yellen indicated that a rate hike is in the offing this month with more slated to follow later this year, reflecting renewed strength in the job market and a bump up in inflation.
Bank Stock Roundup: Fed Interest Hike Expectation Raise Optimism; JPMorgan, Citi in Focus
by Zacks Equity Research
Over the last five trading days, major banks' rally continued with expectation of another interest rate hike this month.
Dow 30 Stock Roundup: Boeing Wins $678M Order from Navy, Exxon Releases Capex Projection for 2017
by Swarup Gupta
The Dow experienced an extraordinary week of gains, riding on the positive sentiment generated by President Trump's first speech before a Joint Congress Session.
Dow Sails Above 21,000 Level: Buy 4 Mutual Funds
by Zacks Equity Research
Rising hopes of better economic growth are expected to have a positive impact on mutual funds with significant exposure to Dow components.
Citigroup (C) in Discussion for Saudi Arabia Banking License
by Zacks Equity Research
More than a decade after withdrawing its operations from Saudi Arabia, Citigroup Inc. (C) is making efforts to re-enter the region.
Wells Fargo (WFC) Slashes Bonus for Executives Post Scandal
by Zacks Equity Research
Following Wells Fargo & Company's (WFC) $185-million settlement in Sep 2016 to resolve regulators' claims of illegally opening millions of unauthorized accounts, the U.S. lender plans to cut back 2016 cash bonuses for eight top executives.
State Street to Shrink Operations in London & Hong Kong
by Zacks Equity Research
Per a Reuters report, State Street Corporation (STT) has decided to shut its transition management operations in London and Hong Kong, with a goal to streamline its operations and improve efficiency.
What Lies Ahead for JPMorgan (JPM) Amid Improving Economy?
by Zacks Equity Research
At annual Investors Day conference, JPMorgan's (JPM) management discussed the current macroeconomic backdrop and the path the company is taking to enhance profitability over the medium term.
Trump's Trillion Dollar Infrastructure Plan Sends These Stocks Soaring
by Madeleine Johnson
On Tuesday night, President Donald Trump gave his first address to a joint session of Congress, and during the speech, the president called on Congress to approve a $1 trillion infrastructure bill to create "a new program of national rebuilding."
by Zacks Equity Research
5 Reasons to Add U.S. Bancorp Stock to Your Portfolio Now
by Zacks Equity Research
We bring to you U.S. Bancorp (USB), whose diverse revenue streams, solid business model, core franchise and a robust balance sheet make it a good investment option now.
Dow Jones Hits 12th Session of Record High: ETFs in Focus
by Zacks Equity Research
We have highlighted three ETFs, which are either tracking the DOW or are heavily invested in the DOW component winners.
Dow CEOs Make Millions: 2 Financial Blue Chips to Buy
by Tirthankar Chakraborty
CEOs of Dow companies have made a fortune, especially financial behemoths, banking on Trump's promise to relax financial regulations.
Fifth Third Expands Insurance Division, To Buy R.G. McGraw
by Zacks Equity Research
In sync with its plan to expand insurance business, Fifth Third Insurance Agency Inc., an indirect, wholly owned subsidiary of Fifth Third Bancorp (FITB) announced a deal to acquire R.G. McGraw Insurance Agency Inc. The transaction is anticipated to close early next month. Notably, the financial terms of the deal were not disclosed.
Bank Stock Roundup: Growing Optimism for March Rate Hike; BofA, Citi in Focus
by Zacks Equity Research
Over the last four trading days, performance of the banking stocks reflected optimism.
Will Morgan Stanley's Plan to Move 300 U.K Jobs Materialize?
by Zacks Equity Research
Morgan Stanley (MS), which currently employs nearly 6,000 people in the United Kingdom, is contemplating moving around 300 jobs initially out of London, post Britain's exit from the European Union.