Category: Activity

March 18, 2019

Underneath the stock market’s epic rebound has been a “more favorable” trend that Credit Suisse says will drive the market higher. The bank dialed up its year-end forecast for the S&P 500 to $3,025 from $2,925 previously. The new forecast […]

March 14, 2019

The marijuana industry is an opportunity for insurers as more states have legalized the drug. But there are still risks in play that could limit wider carrier participation, A.M. Best said in a new report. One of the key barriers […]

March 13, 2019

As J.P. Morgan Chase builds out its web of branches across the U.S., it is launching into areas long dominated by two of its biggest rivals. J.P. Morgan is expanding into nine new U.S. markets as it fills gaps in […]

March 13, 2019

U.S. stocks rose Wednesday morning, putting them on track for a third straight day of gains as investors weighed conflicting data on the U.S. economy with concerns tied to the U.K.’s exit from the European Union. Shares of Boeing were […]

March 12, 2019

Flood insurance premiums could rise and property values fall in the most deluge-prone areas under a plan the Trump administration intends to roll out in coming weeks to change the way risk is calculated under the National Flood Insurance Program. […]

March 12, 2019

Wells Fargo provided an update on the progress the company has made and is making as part of its transformation to build a better, stronger company in a new progress report available on its website. “While we have more work […]

March 12, 2019

Stash doesn’t want to just invest your spare change — it also wants to keep the rest of your money in a bank account. And the company is set to reward you for doing so. The investing app is officially […]

March 11, 2019

Shares of Deutsche Bank and Commerzbank surged Monday after reports that the two have agreed to hold merger talks. Several media reports over the weekend suggested Deutsche Bank CEO Christian Sewing had dropped his opposition to the deal. Sewing was […]

March 7, 2019

European markets fell Thursday as the European Central Bank said it expected to leave interest rates unchanged at least through the end of this year and laid out a new round of long-term loans. Investors are now waiting to hear […]

March 6, 2019

One of Wall Street’s largest firms sees signs the 2019 rally is stalling, but that may be no reason to turn bearish. It’s a bull thesis BofA-Merrill Lynch’s Stephen Suttmeier builds in two charts. The first chart suggests the S&P […]