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Loan growth, better spreads fail to impress U.S. bank investors

by synergycap1 | Jul 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

NEW YORK (Reuters) – U.S. banks are starting to see some long-awaited benefits of higher interest rates, with four of the largest lenders beating analysts’ quarterly profit expectations on Friday by raising loan prices without paying much more for...

Dick Bove: A bank merger boom is about to begin

by synergycap1 | Jul 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

American banks are swimming in excess funds. They do not know what to do with this money so they are giving it away in the form of stock buybacks and dividends. At the same, time the irony is that the banks are just starting to report mediocre to disappointing second...

Earnings were good, so here’s why bank stocks are down

by synergycap1 | Jul 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Banks are beginning to report earnings. All four banks reporting (JP Morgan, Citigroup, Wells Fargo, and PNC) beat earnings expectations and all but Wells Fargo beat on the topline. So why are they all trading down Friday? There’s two issues: fundamental and...

JPMorgan and Citigroup Report Slow Trading in Otherwise Strong Results

by synergycap1 | Jul 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

By MICHAEL J. de la MERCED July 14, 2017 It’s not a bad time to be a bank — unless you’re a trader. Two of the nation’s biggest banks disclosed weak trading results on Friday, as relatively calm markets have made it...

Fair Game: Big Pharma Spends on Share Buybacks, but R&D? Not So Much

by synergycap1 | Jul 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

July 14, 2017 By GRETCHEN MORGENSON Under fire for skyrocketing drug prices, pharmaceutical companies often offer this response: The high costs of their products are justified because the proceeds generate money for crucial research on new cures and treatments....

U.S. lawmaker calls for hearing on Amazon’s Whole Foods deal

by synergycap1 | Jul 14, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

WASHINGTON (Reuters) – U.S. Representative David Cicilline, the top Democrat on the House of Representatives Judiciary Committee’s antitrust panel, has urged the subcommittee to hold a hearing on Amazon.com Inc’s (AMZN.O) plan to buy Whole Foods...
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