LendingClub

LendingClub Corp (NYSE: LC) reported third quarter results after Tuesday's market close. Revenue of $154 million fell slightly short of the $156.7 million Wall Street expected and EBITDA of $21.0 million was in-line with expectations. Investors found fault with the company's...

LendingClub Corp (NYSE: LC), an online marketplace that connects borrowers and investors, has seen its share of controversy over the years. After a management shuffle which saw the ouster of ex-CEO Renaud Laplanche, investors will be looking for further signs of progress in the company's third-...

LendingClub Corp (NYSE: LC)'s earnings report marks "another step in the right direction" for the company, at least according to BTIG's Mark Palmer who maintains a Buy rating on LendingClub's stock with an unchanged $9 price target. Palmer commented in a research report on Friday LendingClub's loan...

LendingClub Corp (NYSE: LC)'s announcement during its second-quarter earnings results that Chief Financial Officer Carrie Dolan resigned from the company represents a "negative shock value," according to Jefferson Harralson of Keefe, Bruyette & Woods (KBW), but there are other aspects of the...

LendingClub Corp (NYSE: LC) reported second quarter results in which the company lost $0.09 per share on revenue of $102.4 million. Wall Street analysts were expecting the company to lose $0.02 per share on revenue of $100.51 million. Lendingclub also said its loan origination in the quarter...

LendingClub Corp (NYSE: LC) has been plagued with what seems like a never-ending stream of bad news reports. Back in May, LendingClub's CEO Renaud Laplanche was ousted following an interview review by the board of directors that may have found wrongdoing in the sale of $22 million of new prime...

Peer-to-peer lending was supposed to be a major theme in how individuals borrow money, while also presenting a compelling investment case to investors. However, the recent woes at LendingClub Corp (NYSE: LC) may have ultimately killed the relatively new segment's future following the sudden...

Shares of LendingClub Corp (NYSE: LC) were trading lower by 12 percent early Tuesday morning, essentially erasing Monday's 12 percent gain after the company confirmed in a regulatory filing that it received a grand jury subpoena from the U.S. Department of Justice. LendingClub dominated...

Pacific Crest and Morgan Stanley are bullish LendingClub Corp (NYSE: LC) following an earnings report that showed better-than-expected loan origination volumes and improved consumer marketing efficiency. Shares traded recently at $14.46, up more than 4 percent. Market Could Shift From Fears...

The business model of a bank is simple on the surface – borrow money at extremely low interest rates and lend it out at a much higher price. Under this system, individual lenders make little return, while borrowers have to pay big. Marketplace lending, by connecting lenders and borrowers...

Foundation Capital invested in Netflix, Inc. (NASDAQ: NFLX) way back in 1999 when it was a small company in its early stages. Since then, Netflix has gone on to become a streaming behemoth, with its market cap recently crossing $40 billion. Paul Holland, Foundation Capital general partner, was...