financial sector

Fears of increasing inflation and higher interest rates that drove the market downward are generally beneficial for banks, a Merion Capital analyst said.  The Analyst Analyst Joe Gladue upgraded shares of Howard Bancorp Inc (NASDAQ: HBMD) from Neutral to Outperform, as the shares have...

Wells Fargo & Co (NYSE: WFC) received a cease-and-desist order Friday from the Federal Reserve that will limit asset growth to $1.95 trillion pending compliance, board oversight and risk management improvements. The threat to net income prompted a number of Monday downgrades, with Morgan...

Big banks began to report earnings in the week ended Jan. 12, and the financial earnings news flow continued into the week ended Jan. 19. A Muted Show The financial sector turned in 2.4-percent year-over-year revenue growth for the fourth quarter, the second lowest of all the eleven sectors,...

In the eight months since President Donald Trump assumed office, the financial sector has been moved by quite a few catalysts. There’s the bipartisan press for the 21st Century Glass-Steagall Act, which would more solidly bifurcate banks into commercial and investment segments to improve...

Financial stocks are in the midst of a rollercoaster 2017. After a strong start to the year, many bank stocks lost momentum in late March, only to regain momentum in June and July. Heading into Friday's trading session, the financial sector exchange-traded fund, Financial Select Sector SPDR...

A handful of big banks will release their earnings reports Friday, and TD Ameritrade Holding Corp. (NASDAQ: AMTD) Chief Strategist JJ Kinahan hopes they’ll live up to the hype. But the stars don’t appear to be aligning. “Earnings expectations are high,” Kinahan told Benzinga...

Financial stocks were trading mostly higher on Wednesday with the Financial Select Sector SPDR Fund (NYSE: XLF) outperforming the broader indices. According to CNBC's Jim Cramer, investors are banking on the likelihood that the Federal Reserve will hike interest rates at least twice throughout the...

Finance firm Goldman Sachs Group Inc (NYSE: GS) has become a pillar of the financial sector with traders looking to the bank's advice for everything from investing to saving. For that reason, Goldman Sachs Director Don Duet's positive remarks regarding blockchain could be a catalyst for the...