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Lending Club Is A Buy After Earnings: Here's Why
Wednesday, August 5, 2015 - 2:44pm | 393Pacific Crest and Morgan Stanley are bullish LendingClub Corp (NYSE: LC) following an earnings report that showed better-than-expected loan origination volumes and improved consumer marketing efficiency. Shares traded recently at $14.46, up more than 4 percent. Market Could Shift From Fears...
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LendingRobot: Bringing Automated Trading To Marketplace Lending
Thursday, June 25, 2015 - 12:55pm | 584The business model of a bank is simple on the surface – borrow money at extremely low interest rates and lend it out at a much higher price. Under this system, individual lenders make little return, while borrowers have to pay big. Marketplace lending, by connecting lenders and borrowers...
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'Netflix Is Like A Unicorn Made Of Pure Platinum,' Foundation Capital Proclaims
Thursday, June 11, 2015 - 3:10pm | 383Foundation Capital invested in Netflix, Inc. (NASDAQ: NFLX) way back in 1999 when it was a small company in its early stages. Since then, Netflix has gone on to become a streaming behemoth, with its market cap recently crossing $40 billion. Paul Holland, Foundation Capital general partner, was...
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Barron's Recap: GOP Contenders, Corning's Latest Magic & Apple Watch Called 'Not So Smart'
Sunday, June 7, 2015 - 5:17pm | 819This weekend in Barron's online: who will be 2016 GOP nominee, the top 100 women advisors, as well as the prospects for Corning, LabCorp, LendingClub, On Deck Capital, International Game Technology, the Apple Watch and more. Cover Story "Who Will Win the GOP Nomination?" by Jim McTague. Out of...
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Why Shares Of LendingClub Were Trading Higher On Tuesday (Hint: It's About Alibaba)
Tuesday, February 3, 2015 - 11:39am | 169Shares of LendingClub Corp (NYSE: LC) were trading higher by more than 4 percent on Tuesday after the company announced a partnership with Alibaba Holding Group Ltd (NYSE: BABA). LendingClub will team up with Alibaba to offer sales financing to small U.S. business who are buying items from Chinese...
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Triton Research CEO Discusses LendingClub, Uber And Alibaba
Friday, December 5, 2014 - 3:33pm | 307A host of investors still regret not being able to profit from Alibaba Group Holding Ltd (NYSE: BABA) the way they could have. However, according to Triton Research CEO Rett Wallace, peer-to-peer lending is going to be the next big opportunity on a similar scale like Alibaba and even bigger than...