|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||66.43 - 68.41|
|52 Week Range||40.08 - 70.01|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.95%|
Yahoo Finance's Alexis Christoforous and Jared Blikre discuss advances with the Brexit talks and Basel III bank capital rules being finalized.
After a Senate hearing Wednesday, Equifax announced it will introduce a new "credit locks for life" product. Rolling out in January, the service will be available to "All Americans." The move comes in the wake of its massive data breach where the personal information of some 145 million Americans was compromised. During the Senate hearing, Equifax's interim CEO declined to guarantee that customers of the new product could keep their right to sue the company in court.
In this article, we would like to share insights we’ve gained through our collaboration at SMB, a proprietary trading firm in New York. Each of us has been involved in the training of professional traders for well over a decade. Unfortunately, aspiring traders find few structured outlets for professional development.
Major financial stocks have had a pretty good year in 2017. Big names like Citigroup Inc (NYSE:C) and Bank of America Corp (NYSE:BAC) have jumped roughly 20% since Jan. 1 to outperform the S&P 500’s 16% gain. What’s more, the best is yet to come for bank stocks and financial exchange-traded funds as we enter 2018.
Summer months have a tendency to be unfavorable for the stock market. Empirical evidence has shown that average returns for the S&P 500 are negative during summer months.
Apple gained 1.6% to 160 after CNBC reported the company has had talks with Aetna about bringing Apple watch to the insurer's 23 million members.
View more earnings on FAS See more from Benzinga An Adventurous June Idea For A Faltering Sector © 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The Financial Select Sector SPDR (NYSE: XLF ), the largest exchange-traded fund dedicated to financial services stocks, rose 1.3 percent on Thursday, but the ETF is perilously close to turning negative ...
The financial sector has performed the best since the elections. Higher interest rates are likely to improve banks' margins going forward.
Despite the stellar run that financials (FAS) have had since the US elections in November 2016, financials are trading at very reasonable levels.
While the Dodd-Frank Act was passed to avoid another financial crisis, it has crippled banks' profitabilities over the years due to higher capital requirements.
The financials sector is hot. Since the U.S. presidential election on Nov. 8, it's the best-performing sector of the stock market, with gains of more than 17%. Even going back a full year, financials are at the top of the pack when it comes to returns.