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Zacks News
Citigroup (C) May Shift EU Operating Center to Frankfurt
by Zacks Equity Research
Earlier this week, Citigroup Inc. (C) said that it may move to Frankfurt for its sales and trading in the European Union as a result of Brexit, ending ongoing rumors. The company is expected to finalize its choice by the first half of 2017.
Popeyes and Burger King: The New Fast-Food Superpower?
by Benjamin Rains
Restaurant Brands International Inc. (QSR) announced its $1.8 billion acquisition of Popeyes Louisiana Kitchen Inc. (PLKI) yesterday, and it helped the fried chicken giant's stock sizzle upward 19% to $78.77 per share. RBI stock rose 7% Tuesday to $57.50 per share
The Zacks Analyst Blog Highlights: Goldman Sachs Group, JPMorgan Chase, American Express and Visa
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Goldman Sachs Group, JPMorgan Chase, American Express and Visa
Northern Trust (NTRS) to Buy UBS Fund Servicing Divisions
by Zacks Equity Research
Northern Trust (NTRS) entered into a deal with UBS AG to acquire UBS Asset Management's fund administration servicing units in Luxembourg and Switzerland.
Popeyes Spikes 19% After $1.8 Billion Acquisition Deal with Burger King Owner
by Joseph Lu
Restaurant Brands International Inc. (QSR), owner of Burger King and Tim Hortons, has reached a deal with Popeyes Louisiana Kitchen Inc. (PLKI) to acquire the fried chicken chain for $1.8 billion.
4 Blue Chip Stocks to Ride the Stellar Dow Jones Rally
by Tirthankar Chakraborty
The euphoria surrounding Trump's proposed market-friendly policies helped the Dow eke out gains to register its record-setting winning streak to a seventh session
What Led to a 25% Pay Rise for Bank of America (BAC) CEO?
by Zacks Equity Research
Bank of America Corporation's (BAC) Chief Executive Officer, Brian T. Moynihan has been awarded with an annual salary of $20 million for his performance in 2016.
Wells Fargo (WFC) January Account Opening Plunges 31% Y/Y
by Zacks Equity Research
Amid troubled times for Wells Fargo & Company (WFC), following its $185-million settlement to resolve regulators' claims of illegally opening millions of unauthorized accounts, the U.S. lender reports retail banking customer activity for Jan 2017.
Is Citigroup (C) CEO's Pay Cut a Result of Tepid Earnings?
by Zacks Equity Research
Citigroup Inc.'s (C) Chief Executive Officer (CEO), Michael Corbat received about 6.1% pay cut in his total compensation package.
Why Is JPMorgan (JPM) Up 7.9% Since the Last Earnings Report?
by Zacks Equity Research
JPMorgan (JPM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Fortress (FIG) to be Acquired by SoftBank for $3.3 Billion
by Zacks Equity Research
Earlier this week, a cash deal was announced under which New York-based asset manager, Fortress Investment Group LLC (FIG) will be taken over by Japan-based SoftBank Group Corp. for about $3.3 billion.
Yellen Increases Odds of March Rate Hike: 5 Top Winners
by Tirthankar Chakraborty
Yellen's first day testifying before the Congress solidified views that the Fed has adopted a more hawkish stance and an interest rate hike in March remains on the table.
Bear of the Day: Twitter (TWTR)
by Kevin Cook
Sales fall, losses mount, and competition rises but CEO Jack Dorsey just loaded up on more shares anyway
5 Stocks to Buy as Trump Chalks Out 'Phenomenal' Tax Plan
by Tirthankar Chakraborty
Domestic companies, mostly referred to as small caps are well positioned to disproportionately benefit from a reduction in tax rates.
Is the Rally Sustainable?
by Sheraz Mian
With the major indexes already at record levels, is there room for further upside?
Fully Automated Banking Branches: A Revolution in the Making?
by Zacks Equity Research
Is branch banking model on the brink of a revolutionary change? Given some initiatives the banking giants are undertaking, it certainly seems so.
The Zacks Analyst Blog Highlights: Facebook, JPMorgan and DuPont
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Facebook, JPMorgan and DuPont
Finance Stocks Surge on Prospects of Lesser Regulations
by Zacks Equity Research
The U.S. equity markets closed on a positive note on Friday, riding on the Finance sector's rally driven by prospects of easing regulations.
3 Interesting Things We Learned From Snapchat's IPO Prospectus
by Ryan McQueeney
The juiciest details in Snapchat's IPO prospectus were ones that not every investor expected to see or knew to look for. Check out these three key facts that you may have missed
Q4 Earnings on Track to be the Highest Ever
by Sheraz Mian
Not only is earnings growth the highest in two years, but total earnings are on track to be an all-time quarterly record.
5 Best Performing Stocks of January
by Swarup Gupta
Markets notched up another month of gains following the release of positive economic data and encouraging corporate earnings.
Bank Stock Roundup: Q4 Earnings in Full Swing; STI, FITB, RF Beat Estimates
by Zacks Equity Research
The last five trading days were too busy for the banking industry with a number of participants reporting Q4 results.
BankUnited (BKU) Gains on Q4 Earnings Beat, Revenue Growth
by Zacks Equity Research
BankUnited, Inc. (BKU) reported earnings per share of 59 cents, surpassing the Zacks Consensus Estimate of 55 cents. Moreover, the bottom line increased 13.5% from the year-ago-quarter.
Full Steam Ahead to Dow 20,000 Today
by Mark Vickery
Dow futures shot up over 100 points, implying a market open above that long-coveted Dow 20,000 figure.
Media Stocks Q4 Earnings to Watch on Jan 26: CMCSA & RCI
by Zacks Equity Research
How will these two media stocks, CMCSA and RCI, which are all scheduled to report Q4 results on Jan 26, fare this earnings season?