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Fdic official blames svb demise on management failures, says tougher rules are not the answer
Stricter banking regulations would not have prevented Silicon Valley Bank's sudden collapse last month, a top official at the Federal Deposit Insuranc...
April 12, 2023, 10:09 am
3 no-brainer stocks to buy in a correction
The Silicon Valley Bank failure has led to more business for Bank of America. Google Cloud should conti...
April 12, 2023, 10:07 am
Organigram shares fall as 2q results fail to fire up investors
OrganiGram Holdings (TSX-V:OGI, NASDAQ:OGI) has reported second-quarter revenue and earnings that fell short of analyst estimates, sending its share...
April 12, 2023, 7:51 am
Fed minutes to detail debate in the wake of svb, signature bank failures
Detailed minutes of the U.S. Federal Reserve's meeting last month due out Wednesday may show just how close the central bank came to postponing furthe...
April 12, 2023, 6:08 am
Swiss parliament meets for a second day over credit suisse rescue
Swiss lawmakers resumed their debate over the rescue of Credit Suisse on Wednesday, after parliament's two chambers ...
April 12, 2023, 5:11 am
Preferred closed-end funds: out of the frying pan into the fire
Today, I wanted to take a broader look at the preferred closed-end fund space. After struggling for most of the last year due to rapidly-rising intere...
April 11, 2023, 3:54 pm
Kohl's: no easy fixes
Kohl's installed a new CEO Tom Kingsbury, former President and CEO of Burlington Stores after the departure of embattled CEO Michelle Gass. The compan...
April 11, 2023, 1:38 pm
Cfpb chief chopra calls for clawbacks, stricter regulation of banker pay after svb collapse
Consumer Financial Protection Bureau Director Rohit Chopra said Tuesday that financial regulators already have the legal authority to implement new ru...
April 11, 2023, 1:15 pm
Banks are on sale but risks remain
One month ago, Silicon Valley Bank failed, with a resulting decline across the diversified banking indu...
April 11, 2023, 7:55 am
Mgm resorts, qualcomm, and more stocks to sell into the market rally
The Russell 1000 index has risen 12% since October. The further it goes, the more likely it is that certain stocks will ...
April 11, 2023, 1:15 am
Apple stock: it's way worse than i thought (rating downgrade)
Last time, I called Apple Inc.'s earnings miss based on Samsung's operating data. Today, I see even more reason to expect Apple's ...
April 10, 2023, 3:39 pm
Constellation brands ceo: 'stubborn' inflation is impacting beer industry
Corona and Modelo beer maker Constellation Brands (STZ) reported fourth quarter earnings last week, and fail...
April 10, 2023, 3:37 pm
Why did banks collapse?
Four U.S. bank failures beginning with SVB rattled the banking world in March. Banks have serious probl...
April 10, 2023, 2:09 pm
These 7 tables show just how bad this ‘crisis quarter' could be for earnings of the 20 largest banks
The first quarter marked a sea change for U.S. banks. Two high-profile failures of institutions with sp...
April 10, 2023, 10:12 am
Merck (mrk) keytruda studies in difficult-to-treat cancers fail
Merck (MRK) and Eisai announce the discontinuation of the phase III LEAP-003 study seeking approval of the Keytruda and Lenvima combo. Another phase I...
April 10, 2023, 9:54 am
Capital one financial falls in premarket after walmart suit report
Capital One Financial COF, +0.09% fell 3.5% in premarket trades Monday after reports that Walmart Inc. WMT, +0.75% sued the credit-card giant in an ef...
April 10, 2023, 8:05 am
Companies are dropping like flies (and 10 are most at risk now)
Bankruptcy is a real and rising risk again — retraining investors to look for warning signs a company is about to collapse. ...
April 10, 2023, 7:30 am
Walmart suit seeks to end capital one card relationship
Walmart has reportedly sued Capital One to end a 4-year-old credit card partnership. According to published reports Friday (April 7), the retail giant...
April 9, 2023, 6:55 pm
Svb financial group: a bankrupt bank or a bargain buy?
Silicon Valley Bank may have failed, but you can still buy shares in SVB Financial Group (OTCMKTS: SI...
April 8, 2023, 8:48 am
Walmart sues capital one in effort to end credit-card partnership: wsj
Big-box retailer Walmart Inc. WMT this week sued credit-card giant Capital One Financial Corp. COF in an effort to scrap a credit-card partnership bet...
April 7, 2023, 6:23 pm