|Day's Range||23.22 - 23.47|
|52 Week Range||12.05 - 25.80|
|PE Ratio (TTM)||14.38|
|Dividend & Yield||0.30 (1.30%)|
|1y Target Est||N/A|
Borrowing by U.S. companies to spend on capital investment rose 8 percent in April, the Equipment Leasing and Finance Association (ELFA) said. Companies signed up for $7.9 billion in new loans, leases and lines of credit last month, the Washington-based trade group said. "Whether this robust activity was the result of slightly rising interest rates or reflective of sound fundamentals in the U.S. economy is yet to be determined." ELFA Chief Executive Ralph Petta said in a statement.
The Federal Reserve isn't quite ready to start shrinking its $4.5 trillion balance sheet, minutes from the May 2-3 meeting released on Wednesday signal.
A jump in investment banking profits had a positive impact on capital ratio figures for the largest U.S. banks in Q1 – helping them increase their capital buffers above the fully phased-in levels they need to achieve by 2019. Morgan Stanley strengthened its position as the best capitalized big bank.