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Fintech Focus For September 8, 2020
Monday, September 7, 2020 - 9:28pm | 1856Quote Of The Day: People love watching fire burn. - Disclosure Fintech Movers: While challengers might not be making a similar profit in comparison to big banks, it must be noted that large institutions are reportedly seeing their revenues slashed as a result of the emergence of neobanks. -...
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Fintech Focus Roundup For August 8, 2020
Sunday, August 9, 2020 - 9:12pm | 973Why The Rocket IPO Marks A Paradigm Shift In Finance What Is Happening? Rocket Companies, home to Quicken Loans, the nation's largest retail mortgage lender, priced its 100-million share IPO offering at $18 per share, valuing the company at about $36 billion. What Does It Mean? The IPO is just...
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Fintech Focus For August 7, 2020
Sunday, August 9, 2020 - 9:06pm | 1713Daily Perspective: Well done is better than well said. - B. Franklin Fintech Movers: Google for Startups in Brazil recently announced the latest group of companies accepted into its triannual accelerator program. Among the 10 selected enterprises, the majority are B2B companies. - Contxto...
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NYSE Parent To Acquire Mortgage-Software Maker Ellie Mae For $11B
Friday, August 7, 2020 - 12:39am | 386Intercontinental Exchange Inc (NYSE: ICE) announced Thursday it was purchasing mortgage-software company Ellie Mae from private-equity firm Thoma Bravo. What Happened The transaction is valued at $11 billion, including about $9.24 billion in cash and $1.76 billion in stock...
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Benzinga's Bulls & Bears Of The Week: Caterpillar, Facebook, Starbucks, Tesla And More
Monday, April 16, 2018 - 10:05am | 748Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included a social media giant in the spotlight and a big three automaker. Bearish calls included the electric vehicle leader and a ubiquitous coffee purveyor. Social media mogul Mark...
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Market Wrap For April 11: Markets Pick Up Exactly Where They Left Off
Friday, April 11, 2014 - 4:49pm | 2266U.S. stocks declined sharply for the second day in a row as investors found little reason to reverse Thursday's bullish activity. Right off the bat, JPMorgan reported disappointing quarterly results which led to a decline in the S&P 500 index. The Volatility Index, also known as the "fear...
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#PreMarket Primer: Wednesday, February 19: Tesla Earnings Expected Today
Wednesday, February 19, 2014 - 8:19am | 816Despite being closed on Monday, U.S. markets had a relatively quiet day Tuesday. The Dow lost about 24 points to close at 16,130.40. The S&P was up 0.1 percent, or about two points, to 1,840.76 and the NASDAQ saw a sharp rise to finish 0.7 percent higher at 4,272.78. Wednesday morning, U....
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Piper Jaffray Initiates Ellie Mae At Overweight, $9 PT
Wednesday, June 1, 2011 - 7:30am | 17Piper Jaffray has initiated coverage on Ellie Mae (NYSE: ELLI) with an Overweight rating and $9 price target.