$KBE $C $HSBC Bank Job Cuts Top 60,000
Citigroup and Wells Fargo are resuming job cuts starting this week and ending an earlier pledge to pause staff reductions during the coronavirus pandemic.
U.S. banks have resumed job cuts in
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$XLK Investors Are Still Optimistic But They’re Taking Profits
Shawn Snyder gets the cool comparison of the week award for how he compared what the Federal Reserve is doing to COVID-19.
Shawn Snyder told CNBC, "I think that the Federal
Dark Pool Trade Detected In $FTAC Stock
A dark pool trade was detected in FTAC stock on September 6, 2020.
We felt a daily chart going back 6 months, with a the horizontal orange line marketing previous dark
Victory Capital $VCTR Stock Candle Over Candle Reversal
VCTR stock formed a candle over candle ( Heikin Ashi ) reversal on August 7, 2020, in the daily time frame.
On August 5, 2020, Victory Capital reported financial results for
Capitol Federal Financial $CFFN Dark Pool Trade Detected
A dark pool trade was detected in CFFN stock on July 29, 2020.
Make sure to review this lesson on dark pool trading so that you understand the chart above.
We think
$BAC $C $JPM Banks Are Critical For Stimulating The Economy
Nela Richardson, principal and investment strategist for Edward Jones, joins "Squawk Box" to discuss earnings season so far as well as how she sees the bank sector's role in helping revive the economy. Source: https://www.youtube.com/watch?v=h6s1Rg7UfQE
$EUFN $UBS ECB Urges Banks to Pause Shareholder Payouts for Longer
Jul.28 -- The European Central Bank extended a request that banks hold off on returning capital to shareholders and show moderation in setting bonuses amid the coronavirus outbreak, dealing a blow to some lenders who had lobbied to resume business as usual. Nicholas Comfort reports on "Bloomberg Surveillance." Source: https://www.youtube.com/watch?v=1iy3Mk6xnkg
Virtus Investment $VRTS Stock Testing Pre-pandemic High
VRTS stock is testing pre-pandemic highs after the company reported earnings and revenue beats on July 24, 2020.
Virtus Investment Partners reported financial results for the three months ended June 30,
$AXP American Express Mixed Quarterly Report
American Express reported Q2 EPS of 29c versus the consensus estimate of (11c). The company reported Q2 revenue of $7.68B versus the consensus estimate of $8.15B.
American Express said in its
Daxor $DXR Stock Up On COVID-19 Heart Failure Study
DXR stock rose more than 14% in trading on July 17, 2020, after the company announced its heart failure study.
Daxor Corporation (NYSE MKT: DXR), an investment company with innovative medical