Financial shares

John Hancock Financial Opportunities Fund (NYSE: BTO) Short interest rate up 89.9% in November

The John Hancock Financial Opportunities Fund (NYSE: BTO) benefited from strong growth in short interest rates during the month of November. As of November 30, there was short interest totaling 26,400 shares, an increase of 89.9% from the total of 13,900 shares as of November 15. Based on an average trading volume of 38,000 shares, […]

Financial shares

Latest updates: Apple reinstates mask requirement for U.S. retail stores

Apple will once again require masks to be worn in all of its U.S. retail stores in response to Covid-19 infections that are increasing across the country. The company made the change on Tuesday, with its store websites indicating that face coverings would be required when visiting those locations, regardless of vaccination status. “We regularly […]

Financial shares

IGM Biosciences (NASDAQ: IGMS) price target raised to $ 126.00 at Jefferies Financial Group

IGM Biosciences (NASDAQ: IGMS) saw its price target bolstered by investment analysts at Jefferies Financial Group from $ 101.00 to $ 126.00 in a research note released Monday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Jefferies Financial Group’s price target points to a potential rise of 271.68% from the current […]

Financial shares

Banking and Financial Stocks Soar as RBI Keeps Rates Unchanged; ICICI Bank, Bajaj Finance among the best winners

Banking and financial stocks were in action as the Reserve Bank of India (RBI) decided to keep key rates unchanged. Nifty Bank and Nifty Financial Services gained 1.31% and 1.39% respectively. Likewise, the Sensex S&P BSE index of private banks rose 1.35% or 188 points around the same time. The Nifty real estate index also […]

Financial shares

Toronto Stock Exchange rallies as higher dividends help support financial stocks

The TSX ends up 297.43 points, or 1.45%, at 20,762.03 Top 11 Sectors End Higher Financials advance by 2.2%; energy up by 1.8% Toronto-Dominion Bank ends up 4.9% TORONTO, Dec. 2 (Reuters) – The main Canadian stock index rebounded Thursday from a seven-week low in the previous session, with financials contributing to widespread gains as […]

Financial shares

Ventas (NYSE: VTR) demoted by Sumitomo Mitsui Financial Group to “neutral”

Ventas (NYSE: VTR) was downgraded by equity researchers at financial group Sumitomo Mitsui from an “outperforming” rating to a “neutral” rating in a report released on Monday, Targets.com prices reports. They currently have a price target of $ 55.00 on REIT shares. Sumitomo Mitsui Financial Group’s price target points to a potential rise of 7.11% […]

Financial shares

$ 113.95 million in expected sales for Meta Financial Group, Inc. (NASDAQ: CASH) this quarter

Equity research analysts expect Meta Financial Group, Inc. (NASDAQ: CASH) to report sales of $ 113.95 million for the current fiscal quarter, Zack reports. Three analysts provided earnings estimates for Meta Financial Group, with estimates ranging from $ 108.08 million to $ 118.25 million. Meta Financial Group reported sales of $ 111.45 million in the […]

Financial shares

decline in Toronto stocks; Fairfax Financial shares jump on subsidiary buyout and sale of interest

By Adriano Marchese Canadian stocks were down moderately at noon on Wednesday as most sectors offset gains in non-energy minerals and energy stocks. The shares of Fairfax Financial Holdings Ltd. surged after announcing it would sell around 10% interest in a US-based subsidiary to fund a $ 1 billion buyout. The S & P / […]

Financial shares

Toronto Stock Dish; IA Financial AUM, AUA shares record high in Q3

By Adriano Marchese The Toronto indices were virtually flat at noon on Wednesday, with losses in industrial services and energy stocks balancing gains in health technologies and processing industries. The shares of iA Financial Corp. rose after the company said it hit record levels of assets under management and administration in the third quarter, despite […]

Financial shares

Chesapeake Financial Shares Inc. Boosts Profits Thanks to Rising Assets and Falling NPLs

At the end of the third quarter ended September 30, 2021, the community bank reported profit of $ 3,771,100, an increase of 11.5% from the third quarter of the previous year. Chesapeake Financial Shares Inc, the parent company of Chesapeake Bank and Chesapeake Wealth Management, told shareholders it increased third-quarter earnings by increasing assets and […]