Company Overview and News

Goldman: Don't worry about rising interest rates until the 10-year yield hits 4%

2018-05-21 cnbc
U.S. interest rates have shot up to levels not seen in years recently, giving stock investors a new concern. But a Goldman Sachs strategist says it's not time to worry just yet.

Bank Stock Roundup: Investor Confidence Shaken, Wells Fargo & Citi in Focus

2018-05-18 zacks
Over the last five trading days, banking stocks put up a lackluster show. Though improving U.S. economic data and rising 10-year Treasury bond yields were positives, investors were a bit concerned on the time uncertainty related to the easing of banking regulations and soft loan growth. Nevertheless, strong economy and increasing commodity prices aided a rise in bond yields followed by mortgage rates.

Major US stock indexes head lower as bond yields spike

U.S. stocks moved broadly lower in early trading Tuesday, led by declines in technology, health care and consumer-focused companies. The slide put the Dow Jones industrial average on track to end an eight-day winning streak. Bond prices fell, sending yields to the highest level since 2011, after the government reported a solid increase in U.S. retail sales last month.

Stocks To Watch: A Fed Head Talks Crypto

2018-05-12 seekingalpha
Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.

Encore Capital (ECPG) Q1 Earnings and Revenues Miss, Up Y/Y

2018-05-09 zacks
Encore Capital Group, Inc. (ECPG - Free Report) reported first-quarter 2018 adjusted net income of 98 cents per share, which missed the Zacks Consensus Estimate by 4.8%. However, the bottom line improved 3.2% year over year, driven by a consistently growing supply of charged-off credit card debt and purchase of large amounts of receivables with highest returns.

Mastercard’s Gross Dollar Volumes

2018-05-08 marketrealist
In 1Q18, Mastercard (MA) reported total gross dollar volumes of $1.41 trillion, which reflects a rise of 14% on a YoY (year-over-year) basis. Of the total gross dollar volumes in 1Q18, the US region contributed $419 billion. In 1Q17, the US region contributed $379 billion. The total gross dollar volumes reflected a 10% rise due to 9% credit growth and 12% debit growth.

UPDATE 1-Capital One sells $17 bln of mortgages to Credit Suisse unit

2018-05-08 reuters
May 8 (Reuters) - Capital One Financial Corp said on Tuesday it sold around $17 billion of first and second lien mortgages to DLJ Mortgage, a unit of Credit Suisse.

BRIEF-Capital One Announces Sale Of About $17 Bln Of Mortgages To DLJ Mortgage Capital Inc, A Subsidiary Of Credit Suisse AG

2018-05-08 reuters

Capital One sells $17 bln of mortgages to Credit Suisse unit

2018-05-08 reuters
May 8 (Reuters) - Capital One Financial Corp on Tuesday said it sold around $17 billion of mortgages to a unit of Credit Suisse.

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2018-05-25 - Asif

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ANTH: Anthera Pharmaceuticals Analysis and Research Report

2018-05-21 - Asif

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CUSIP: 14040H709