Banking industry
Concerns over China's recent devaluation of its currency are driving investors to turn to gold as a safe-haven asset, causing gold prices to rise for the fifth consecutive day. Goldcorp, a Vancouver-based gold producer, is trading up 5.4% on Wednesday as gold futures for December delivery rise
Banking industry
The Los Angeles City Council has approved the AllianceNRG Program, a new initiative that allows property owners to finance seismic and energy improvements to their homes and businesses. The program, which is offered through the California Statewide Communities Development Authority (CSCDA), provides financing for up to 100 percent of the
Banking industry
Yesterday, notable downgrades were issued for a range of companies across various industries. The downgrades include: Allstate being moved to Neutral from Conviction Buy at Goldman Sachs, Antero Resources being downgraded to Equal Weight from Overweight at Stephens, and CONSOL being downgraded to Sell from Hold at Deutsche Bank. Additionally,
Banking industry
Today's noteworthy upgrades in the analyst community reflect a surge in optimism across various sectors. A total of 44 stocks received upgrades from 26 different analysts, signaling potential growth opportunities in the market. The upgrades span across industries, from technology and healthcare to energy and financial services. Key
Banking industry
The Russian stock market began the week on a sour note, with the RTS index plummeting to a 4-month low due to a combination of factors, including decreased global market trading, dwindling oil prices, and a weaker ruble. The MICEX stock index closed down 0.7% to 1584.92, while
Banking industry
The most comprehensive analysis to date on U.S. power plant air pollution emissions shows that most of the nation's largest electric utilities have seen significant reductions in global warming pollution in recent years. The report, released by the Natural Resources Defense Council, comes as the Environmental Protection
Banking industry
Federal regulators are directing the eight largest U.S. banks to hold capital at levels above industry requirements to cushion against unexpected losses and reduce the risk of future taxpayer bailouts. The U.S. Federal Reserve's action means the eight banks together will be required to shore up
Banking industry
In a devastating blow to London-based banks, a wave of compensation claims is on the horizon in the UK following the manipulation of foreign exchange markets between 2007 and 2013. As the European Commission prepares to publish its findings by the end of summer, investors, pension funds, and companies can
Banking industry
The United States has seen significant reductions in global warming pollution from power plants in recent years, with most of the nation's largest electric utilities achieving notable decreases in carbon dioxide (CO2) emissions. According to a new report by the Natural Resources Defense Council (NRDC) and Ceres, a
Banking industry
TD Ameritrade's clients demonstrated impressive resilience in June, with the Investor Movement Index (IMX) experiencing its second-largest month-over-month increase since its inception in January 2010. The index measures the confidence and behavior of TD Ameritrade's clients, and the June results reflect a notable shift in market
Banking industry
The Dow Jones Industrial Average is trading down 54 points (-0.3%) at 17,704 as of Thursday, July 2, 2015, 12:55 PM ET, with the NYSE advances/declines ratio sitting at 1,396 issues advancing vs. 1,580 declining with 168 unchanged. The Financial sector is currently down
Banking industry
The Greek debt crisis continues to have a significant impact on the stock market, with Jim Cramer, co-manager of the Action Alerts PLUS portfolio, weighing in on the situation. Cramer was surprised to see that Macy's (M) shares haven't fallen further after Deutsche Bank analysts downgraded
