Banking, finance, and taxes
Banking, finance, and taxes Articles
Diamond Resorts International, Inc. (NYSE: DRII) is watching its shares make a handy gain in Wednesday’s session after it was announce that the company will be acquired by Apollo Global Management...
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PrivateBancorp, Inc. (NASDAQ: PVTB) is making a solid gain on Wednesday following its most recent deal to be acquired. The company has entered into a definitive agreement to be acquired by Canadian...
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The demand for safe-haven trades is becoming almost zany. It seems unthinkable that there was nearly $10 trillion in sovereign debt with negative yields just a few weeks ago. Now the tally for...
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Many investors have been complaining for years that it is just too hard to make money off of their investment money. The same has become equally true for the online brokerage stocks. It is no secret...
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Peer-to-peer loan maker LendingClub Corp. (NYSE: LC) announced Tuesday morning that it has named a new CEO, a new chairman of the board, and that it will cut 179 jobs. The troubled lender’s annual...
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It has been expected since Brexit that the credit rating agencies would chop the “AAA” rating of the United Kingdom. That happened today, and S&P cut its UK rating to “AA”. To make...
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General Electric Co. (NYSE: GE) keeps selling financial assets. What may be different now versus in 2015 is that the size of each deal seems smaller and smaller. Investors and employees of GE may...
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The U.S. Supreme Court on Monday refused to hear an appeal from a branch of the Encore Capital Group Inc. (NASDAQ: ECPG) to stop a class-action lawsuit against the firm which had claimed that it...
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Suffolk Bancorp (NYSE: SCNB) saw its shares rise over 25% on Monday morning following an acquisition agreement with People’s United Financial Inc. (NASDAQ: PBCT). The companies announced a...
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The market reaction to the British vote to leave the European Union has been catastrophic, not just in the U.S. markets but globally everything has pulled back. Perhaps the hardest hit sectors were...
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The largest U.S. banks had a rough day Friday following the U.K. vote to leave the European Union. The average share price loss for the country’s six biggest banks was 7.59%. The unexpected result...
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In a somewhat unexpected move, the United Kingdom has left the European Union causing significant fallout within global markets. At the same time, investors are piling into gold to hedge themselves...
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Against all odds, the citizens of the United Kingdom have voted to exit the European Union by a large 4 point margin. Against all odds literally, because UK bookies all favored “Remain” and...
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The Federal Reserve has finally released the results of the 2016 stress tests. If there is one thing you need to take away from this, it is that all of the nation’s big banks clear the bar for...
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Various entities of China-based Shanda Group have acquired more than 57 million shares of LendingClub stock, raising the Chinese group's stake in it to more than 15%.
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