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Financial
Why is HV Bancorp (HVBC) stock surging today?
October 20, 2022 01:28 AM AEDT| By Rupam RoyThe stocks of the financial firm, HV Bancorp Inc. (HVBC) soared over 29 per cent in the morning trading, after the company announced merger news with another financial firm.
Kalkine Media explores financial stocks after interest rates rise again
September 23, 2022 10:00 PM AEST| By Rupam RoyW.R. Berkley Corporation (WRB), Globe Life Inc. (GL), The Travelers Companies, Inc. (TRV), Progressive Corporation (PGR), and Charles Schwab Corporation (SCHW) are among the financial stocks to explore after Fed’s rate hike decision.
Why is AMTD Digital (HKD) stock rising today?
September 16, 2022 12:38 AM AEST| By Rupam RoyThe HKD stock gained significant traction on Wall Street Thursday after its price jumped more than 82 per cent in the morning trading.
Kalkine Media explores top mortgage stocks to explore amid rising rates
September 12, 2022 10:18 PM AEST| By Mridul GogoiExploring five mortgage stocks-IVR, TREE, DFS, RKT,C
Top financial stocks to explore in September amid rate hike fears
September 03, 2022 09:00 PM AEST| By Mridul GogoiSome analysts believe that stocks of banks, insurance companies, money managers, and brokers usually benefit from a rate hike.
Top US stocks to explore ahead of Joe Biden's decision on student loans
August 22, 2022 10:25 PM AEST| By Mridul GogoiExploring five student loan stocks-GSBC, CMA, UBSI, EBC, NNI,
Bank of America (BAC) posts US$6.2 bn net income for Q2 FY-22
July 19, 2022 01:19 AM AEST| By Mridul GogoiBAC reports second-quarter earnings of current fiscal 2022
Wells Fargo (WFC) posts US$3.1-bn second-quarter net income
July 16, 2022 03:47 AM AEST| By Mridul GogoiLeading financial services company, Wells Fargo & Company (NYSE: WFC) reported a net income of US$3.1 billion for the second quarter of FY-22 on Friday.
Payments company Stripe cuts internal shares valuation by 28%: Report
July 15, 2022 05:34 AM AEST| By Mridul GogoiPayments major Stripe cuts the internal value of its shares by 28%.
JPMorgan Chase & Co (JPM) posts net income of US$8.6 bn in Q2
July 15, 2022 02:04 AM AEST| By Mridul GogoiJPMorgan Chase & Co. (NYSE: JPM) reported a net income of US$8.6 billion in the 2nd quarter of FY-22.
Swedish fintech firm Klarna raises US$800 mn in funding round
July 12, 2022 01:03 AM AEST| By Versha JainKlarna raised US$800 mln in funding round from new and existing customers at a valuation of US$6.7 bln.
BANF to CVBF: 5 bank stocks with over 20% one-year return
July 02, 2022 03:59 PM AEST| By Versha JainRising interest rates make the economy volatile but banking stock may benefit from it.
Five financial stocks to watch in Q3: FHN, Y, WRB, LPLA & PGR
June 16, 2022 10:53 AM AEST| By Versha JainHighlights: First Horizon Corporation (NYSE: FHN) stock has a dividend yield of 2.71%. Alleghany (NYSE: Y) shareholders approved its purchase by Berkshire Hathaway Inc. W.R. Berkley Corp (NYSE: WRB) pays an annualized dividend of US$0.347. .....
MTB, AXP among top five S&P 500 financial stocks to explore
May 29, 2022 04:09 AM AEST| By Rupam RoyBanks are the largest segment of the financial sector, which also includes companies engaged exclusively in insurance and mortgage like REITs. Besides, there are also fintech companies. Here we discuss the top five S&P 500 financial stocks w.....
Why did Upstart (UPST) stock rise on Wednesday?
May 05, 2022 06:38 AM AEST| By Versha JainHighlights Upstart Holdings Inc. is an AI lending platform that provides credit services. On May 4, Upstart announced to offer Upstart AI Lending for Salesforce on Salesforce AppExchange. The integration of AI Lending with AppExc.....
Mastercard’s (MA) net income soars 43% in Q1 as travel picks up
April 29, 2022 03:07 AM AEST| By Team Kalkine MediaHighlights Mastercard Incorporated (NYSE: MA) posted net income of US$2.6 billion in Q1, 2022. The diluted earnings per share grew to US$2.68 from US$1.83 in the year-ago quarter. The credit card reported a gross dollar volume (GDV) increase o.....
American Express’ (AXP) Q1 revenue rises, driven by card spending
April 23, 2022 05:07 AM AEST| By Team Kalkine MediaHighlights: American Express card (NYSE: AXP) posts higher revenue in Q1. AXP reported a net income of US$2.1 billion in the quarter. American Express cardmember spending rose to record volumes during March. American Express Company (NYSE.....
Five student loan stocks to watch in April: DFS to SLM
April 08, 2022 07:43 AM AEST| By Versha JainThe US had suspended students’ loan repayments during the pandemic. Many borrowers had benefitted from the Covid-era government scheme. However, with the covid situation improving, the administration is expected to announce an update on loan .....
BAC, BX, MS among top financial stocks to explore in March
March 02, 2022 05:29 AM AEDT| By Rupam RoyHighlights Bank of America Corporation (NYSE: BAC) revenue surged 10% YoY in Q4, FY21. Charles Schwab Corporation's (NYSE: SCHW) net revenue rose 13% YoY in Q4, FY21. Morgan Stanley's (NYSE: MS) revenue soared 23% YoY in fiscal 2021 The f.....
Lemonade touches a 52-week low, what's next for LMND stock?
February 25, 2022 01:03 AM AEDT| By Rupam RoyHighlights: Lemonade's gross loss ratio was 96%, up from 73% in the year-ago quarter. Its revenue surged 100% YoY in Q4, FY21. The company's In Force Premium (IFP) rose 78% YoY in the final quarter of fiscal 2021. Lemonade, Inc. (LMND) st.....
