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Zacks News
Company News for Apr 14, 2021
by Zacks Equity Research
Companies in the news are: MFNC, NVCR, RIGL, VTVT
Mackinac Financial Corporation (MFNC) Moves 8.1% Higher: Will This Strength Last?
by Zacks Equity Research
Mackinac Financial Corporation (MFNC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Mackinac Financial Corporation (MFNC) Beats Q4 Earnings and Revenue Estimates
by Zacks Equity Research
Mackinac Financial Corporation (MFNC) delivered earnings and revenue surprises of 12.90% and 3.58%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
The Zacks Analyst Blog Highlights: AbbVie, Eagle Bancorp Montana, H&R Block, Mackinac Financial and Virtu Financial
by Zacks Equity Research
The Zacks Analyst Blog Highlights: AbbVie, Eagle Bancorp Montana, H&R Block, Mackinac Financial and Virtu Financial
Goldman Trying Not to Plead Guilty in State Fund 1MDB Scandal
by Zacks Equity Research
Goldman (GS) is trying to avoid pleading for guilty in the scandal related to the multibillion-dollar 1Malaysia Development Bhd (1MDB) by persuading the U.S. federal prosecutors.
6 Defensive Stocks to Beat the Volatility
by Sejuti Banerjea
Low-beta dividend paying names may be the best way to go in a volatile market.
Is Mackinac Financial (MFNC) a Good Value Investor Choice?
by Zacks Equity Research
Let's see if Mackinac Financial (MFNC) stock is a good choice for value-oriented investors right now from multiple angles.
Goldman (GS) Outshines QTD: Will the Rally Continue in 2H20?
by Zacks Equity Research
Goldman (GS) can be a solid bet now, considering its current price rally and robust fundamentals.
Here's Why Valley National (VLY) Stock is a Solid Pick Now
by Zacks Equity Research
Solid fundamentals and prospects make Valley National (VLY) stock worth betting on at the moment.
Goldman Displays Cost Control: Should You Hold the Stock?
by Zacks Equity Research
Goldman's (GS) impressive client activity amid volatile markets, organic growth, cost management and steady capital-deployment activities continue to drive growth.
Why Park National (PRK) Should be Added to Your Portfolio
by Zacks Equity Research
With focus on revenue and earnings growth, along with its low debt burden and steady capital deployment, Park National (PRK) appears a solid bet now.
Why SB Financial (SBFG) Should be Added to Your Portfolio
by Zacks Equity Research
With focus on revenue and earnings growth, along with low debt burden and steady capital deployment, SB Financial (SBFG) appears a solid bet now.
Bet on These Top 6 Stocks With Stellar Net Profit Margins
by Anirudha Bhagat
Here are six best-performing stocks with substantial net profit margins that can contribute to making an enriching portfolio.
Fifth Third (FITB) Displays Revenue Strength: Time to Hold?
by Zacks Equity Research
Fifth Third (FITB) is one such stock that will not disappoint investors over the long term, based on revenue performance and improving efficiency level through the implementation of various plans.
LPL Financial Agrees to Buy Assets of E.K. Riley Investments
by Zacks Equity Research
LPL Financial (LPLA) to acquire the assets of broker-dealer and RIA firm, E.K. Riley Investments.
Texas Capital & Independent Bank Terminate Proposed Merger
by Zacks Equity Research
Texas Capital's (TCBI) all-stock merger of equals with Independent Bank Group (IBTX) mutually terminated on approval of the boards of both companies.
Low Rates, High Costs to Hurt Hancock Whitney's (HWC) Profits
by Zacks Equity Research
Margin pressure due to lower interest rates along with rising expenses will likely hurt Hancock Whitney's (HWC) growth to an extent in the near term.
HSBC Board Pressures Executives to Deepen Restructuring
by Zacks Equity Research
To cope with the economic fallout of the pandemic, the board of HSBC wants executives to deepen restructuring efforts, which may include further job cuts.
Santander Consumer to Settle Allegations Over Subprime Lending
by Zacks Equity Research
Santander Consumer (SC) agrees to a settlement of $550 million with the states over subprime auto lending malpractices.
Solid Asset Balance Aids SEI Investments Despite High Costs
by Zacks Equity Research
While higher costs might hurt SEI Investments' (SEIC) bottom line, its diversified products and services as well as solid AUM balance position it well for the future.
Rising Expenses, Lack of Diversification Hurt M&T Bank (MTB)
by Zacks Equity Research
M&T Bank (MTB) reflects persistently rising non-interest operating expense, deteriorating credit metrics, and lack of diversification in its loan portfolio amid the coronavirus mayhem.
Here's Why New York Community (NYCB) is Worth Betting on Now
by Zacks Equity Research
With focus on revenue and earnings growth, along with prudent cost management, New York Community (NYCB) appears a solid bet now.
Nomura's New CEO to Boost Growth With Focus on Private Markets
by Zacks Equity Research
Nomura's (NMR) business strategy involves investments in private businesses and digitization in order to improve the company's prospects.
Rising Net Outflows, Concentration Risk Hurt Lazard (LAZ)
by Zacks Equity Research
Rising net outflows hurt Lazard's (LAZ) AUM growth. Also, significant dependence on financial advisory revenues is concerning.
Here's Why Eagle Bancorp Montana is Worth Betting on Now
by Zacks Equity Research
With focus on revenue and earnings growth, along with steady capital deployment, Eagle Bancorp Montana (EBMT) appears a solid bet now.