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SoftBank Moves To Raise $4.9 Billion With Overnight T-Mobile Block Sale— Stock Drops 4% After Hours As Investors Digest Discount
Monday, June 16, 2025 - 10:26pm | 785Read More...Japan’s SoftBank Group Corp. (OTC:SFTBY) is reportedly looking to raise $4.9 billion via a sizable overnight stake sale. What Happened: On Tuesday, it was revealed that the Japanese investment holding company would be raising these funds via an unregistered overnight block sale of its stake...
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Which Banks Perform The Best On Social Media?
Wednesday, April 15, 2015 - 11:11am | 455Read More...Engagement Labs (TSX V.EL), a provider of analytics, insights and intelligent social data, has revealed which banks perform the best on social media over the past month. Toronto-Dominion Bank (NYSE: TD) topped the list on both Facebook Inc (NASDAQ: FB) and Twitter Inc (NYSE: TWTR) by making...
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Keefe, Bruyette & Woods Turns Sour On Canadian Banks, Downgrades Sector To Underweight
Friday, February 20, 2015 - 1:16pm | 324Read More...In a report published Thursday, Keefe, Bruyette & Woods analyst Brian Klock moved his long-term recommendation for the Canadian banking sector to Underweight from Market Weight. "We believe the outlook for muted Canadian economic growth in the first half of 2015 (which is through fiscal 3Q15...
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Your Local ATM Could Be Vulnerable To Cyberattack Soon
Thursday, March 20, 2014 - 10:45am | 567Read More...After April 8, ATMs worldwide could be vulnerable to cyberattack. That’s because April 8 is the last day Microsoft (NASDAQ: MSFT) said it would provide regular tech support for Windows XP, which according to Hareetz.com is the software behind 95 percent of the world’s ATMs. Microsoft declined...
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Replacing Cards In Target Hack Has Cost Banks $200 Million So Far
Wednesday, February 19, 2014 - 2:46pm | 572Read More...The cost of last year’s cyber-attack on Target (NYSE: TGT) has already exceeded $200 million. This has nothing to do with fines or lawsuits, or even Target. This is the cost banks and credit unions are bearing as they replace hacked credit and debit cards, according to The Verge. The Consumer...
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Earnings Expectations For The Week Of December 2
Sunday, December 1, 2013 - 2:06pm | 902Read More...Quarterly reports from retailers Kroger (NYSE: KR), Aeropostale (NYSE: ARO), American Eagle Outfitters (NYSE: AEO) and Dollar General (NYSE: DG) will be among the highlights this week. A couple of Chinese solar companies and the big Canadian banks are scheduled to report as well. Below is a quick...
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Canadian Bank Earnings Season Off to a Strong Start (BNS, BMO, RY)
Tuesday, August 28, 2012 - 5:09pm | 492Read More...Two of Canada's largest banks Tuesday posted unexpectedly strong third-quarter results and offered up surprise dividend increases, setting the stage for more reports from Canadian lenders on Thursday. Bank of Nova Scotia (NYSE: BNS), the country's third biggest by assets, saw a record profit of 2....
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Wells Fargo Earnings Preview: Double-Digit EPS Growth Expected
Monday, January 16, 2012 - 7:32am | 693Read More...Wells Fargo (NYSE: WFC) is scheduled to report fourth-quarter and full-year 2011 results tomorrow morning, January 17. Of the slew of big banks reporting earnings this week, prospects for Wells Fargo seem pretty strong, as far as analysts are concerned. Investors will be hoping that the news is...
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Canadian Banks Pull Back from 52-Week Highs (BMO, BNS, CM, RY, TD)
Thursday, May 12, 2011 - 11:16am | 824Read More...Canada's big five banks—Bank of Montreal (NYSE: BMO), Bank of Nova Scotia (NYSE: BNS), Canadian Imperial Bank of Commerce (NYSE: CM), Royal Bank of Canada (NYSE: RY) and Toronto-Dominion Bank (NYSE: TD)—have all pulled back somewhat from recent 52-week highs. This could be seen as a buying...
