17 Aug, 2024
3 mins read

These regional banks are at greatest risk of being taken over by rivals, according to KBW

A customer enters Comerica Inc. Bank headquarters in Dallas, Texas. Cooper Neill | Bloomberg | Getty Images A trio of regional banks faces increasing pressure on returns and profitability that makes them potential targets for acquisition by a larger rival, according to KBW analysts. Banks with between $80 billion and $120 billion in assets are […]

4 mins read

These regional banks are at risk of being booted from the S&P 500

A customer enters Comerica Inc. Bank headquarters in Dallas, Texas. Cooper Neill | Bloomberg | Getty Images The stock selloff that hit regional banks this year has exposed lenders including Zions and Comerica to the risk of being delisted from the Standard & Poor’s 500 index. The banks, each with market capitalizations of around $5 […]

3 mins read

Stocks making the biggest moves midday: Netflix, American Airlines, Johnson & Johnson and more

Johnson & Johnson Covid-19 vaccines are seen on a table in Los Angeles, May 7, 2021. Frederic J. Brown | AFP | Getty Images Check out the companies making headlines in midday trading. Netflix — Netflix dropped more than 8% after reporting mixed quarterly results Wednesday. The streaming giant beat on earnings per share for the […]

4 mins read

Stocks making the biggest moves premarket: Netflix, Tesla, United Airlines and more

The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, July 12, 2023. Mike Blake | Reuters Check out the companies making headlines before the bell. Netflix — The streaming giant shed nearly 7% after reporting mixed quarterly results. Netflix posted earnings of $3.29 a share on $8.19 billion in […]

2 mins read

Stocks making the biggest moves after hours: Netflix, Tesla, IBM and more

The Tesla factory in Tilburg, Netherlands. Jasper Juinen | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Netflix — The streaming giant’s shares tumbled more than 5% after posting its quarterly results Wednesday after hours. The company said it was too early to assess the effects of its crackdown on […]

4 mins read

Stocks making the biggest moves midday: Morgan Stanley, Bank of America, Charles Schwab and more

Pedestrians walk by a sign posted outside of a Charles Schwab office on April 17, 2023 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. Morgan Stanley — Shares of the James Gorman-led bank jumped more than 6% after the firm posted second-quarter earnings and revenue that topped […]

3 mins read

Stocks making the biggest moves midday: Domino’s Pizza, DraftKings, Lucid, SunPower and more

A pedestrian walks by a Domino’s Pizza restaurant in San Francisco, Feb. 23, 2023. Justin Sullivan | Getty Images News | Getty Images Check out the companies making the biggest moves midday. Domino’s Pizza — The stock popped nearly 11% after Domino’s announced U.S. consumers can now order its products through Uber’s Uber Eats and […]

2 mins read

Stocks making the biggest premarket moves: JetBlue, Zillow, JPMorgan Chase, 3M and more

JetBlue Airways Airbus A320-200 aircraft as seen on final approach landing at New York John F. Kennedy International Airport in USA. Nicola Economou | NurPhoto | Getty Images Check out the companies making the biggest moves in premarket trading: JetBlue Airways — JetBlue Airways lost nearly 2% after Evercore ISI downgraded the airline to underweight, […]

10 mins read

The American banking landscape is on the cusp of a seismic shift. Expect more pain to come

JPMorgan Chase & Co CEO Jamie Dimon testifies during a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill September 22, 2022 in Washington, DC. Drew Angerer | Getty Images The whirlwind weekend in late April that saw the country’s biggest bank take over its most troubled regional lender marked the end of […]

2 mins read

Stocks making the biggest moves before the bell: American Express, Domino’s, Coinbase and more

Check out the companies making headlines in premarket trading. Target — The retailer gained 0.6% after announcing it would increase its dividend by 1.9%, or 2 cents, to $1.10 per share. Cognyte Software — Shares rose 5.6% in the premarket following the software company’s quarterly report. Cognyte posted a loss of 23 cents per share […]