Internet-only bankBofI Holding, Inc.(NASDAQ:BOFI) reported its third-quarter fiscal 2018 earnings after market close on April 26, delivering a solid 27% increase in earnings per share. Book value per share increased 16.5% in the quarter, spurred higher by 15% growth of its loan portfolio. Deposits also grew an impressive total, up 17% in the quarter, providing BofI with the necessary cash to fund....More>>>
U.S. equities drifted higher on Thursday with most of the focus on the parabolic surge in bitcoin, which seemed to rise towards the $20,000-level, although it’s hard to tell for sure. There is no “standard” price and different exchanges are showing various levels. Those in South Korea are carrying the highest prices.
The latest is that Goldman Sachs is reportedly ready to....More>>>
Mark Carney may be wondering at times if less is more when he speaks to financial markets.
After a bruising month that’s seen his own signals on interest rates questioned and one of his deputies forced to apologize for calling the economy menopausal, communication is once again a hot topic for the Bank of England governor.
Carney, who arrived at the BOE in 2013 with forward....More>>>
AMC Entertainment (NYSE:AMC) posted Q1 revenue that came in ahead of consensus by $30 million and in line with my expectations. Revenue in the quarter of $1.3 billion was driven by the strength of Black Panther, and likely higher than anticipated online ticket sales. Despite a pro forma constant currency y /y 0.9% decrease in Adjusted EBITDA to $270 million, AMC still achieved....More>>>
Investors, leggo of the leggings. United Airlines’ decision to bar two teenagers dressed in leggings from boarding a plane Mar. 26 put a harsh spotlight on United Continental Holdings (UAL) for all the wrong reasons. UAL and other airline stocks appear to be ready for a smooth rise in share price.
See Also: 25 Dividend Stocks You Can Buy and Hold Forever
In case you....More>>>
&l;p&g;We have smart phones, smart cars and now, with the advent of a new class of &a;ldquo;living medicines,&a;rdquo; we&a;rsquo;re on the verge of having smart therapeutics.
&l;a href=&q;https://www.synlogictx.com/&q; target=&q;_blank&q;&g;Synlogic&l;/a&g;, a Cambridge, Massachusetts-based MIT spin-out, is applying engineering principles to biology to treat diseases in a unique way with....More>>>
Wall Street sentiment chilled Wednesday as overwhelming futures market odds of a rate hike at the Federal Reserve March policy announcement sent U.S. equities lower.
According to the CME FedWatch tool, traders are currently assigning a 93% chance that Fed Board Chair Janet Yellen will raise rates by another 0.25% — just three months after the last rate hike — dramatically quickening....More>>>
Wall Street is seeing a flurry of mergers right now. Tax cuts have freed up cash for deals, and the money is flowing. So which tech companies are likely to be snapped up next? Share prices can soar when a takeover deal is announced — meaning that there is big value in identifying takeover targets correctly.
Luckily Morgan Stanley put out a report identifying tech companies most likely....More>>>
The S&P 500 is up nearly 7% year-to-date, but the average stock in the index is up just 5.70%. This means the largest stocks in the cap-weighted index are outperforming the smallest names. Even still, two-thirds of the stocks in the S&P are up year-to-date, while 35% of stocks are up more than 10%. Seventy stocks are up more than 20%, while just 25 are up more than 30%.
Below is a....More>>>
The past nine years have truly been incredible for long-term investors. Sure, we endured the steepest bear market decline we’d seen since the early 1930s, but we also subsequently witnessed an approximate quadrupling in the iconic Dow Jones Industrial Average and broad-based S&P 500 over this nine-year stretch.
Yet as investors, we also know that nothing goes up forever. Both the....More>>>