Posted on 12/8/20
Wells Fargo's Massive Rally May Only Be Starting
SummaryWells Fargo's stock could rise by as much as 28%, based on bullish options betting.The stock currently trades at a steep discount to its peers.A return . . .
Posted on 12/8/20
Why Mastercard Rose 16.6% in November
What happenedShares of Mastercard (NYSE:MA) rose 16.6% in November, according to data provided by S&P Global Market Intelligence.The financial services company's stock has recovered more than . . .
Posted on 12/8/20
How Risky Is JPMorgan Chase Stock?
The coronavirus pandemic has affected some industries more than others, and banking unfortunately fell into the category that saw more downside. Most banks saw their share . . .
Posted on 12/8/20
Why American Express Stock Rose 30% in November
What happenedAmerican Express (NYSE:AXP) shareholders trounced a surging market in November as their stock gained 30% compared to the 11% increase in the S&P 500, according . . .
Posted on 12/8/20
JPMorgan Calls For Government Stimulus Before COVID-19 Does More Damage
JPMorgan Chase (NYSE:JPM) is officially supportive of more government-driven stimulus.That's the gist of a study the bank made publicly available recently, though it was directed toward . . .
Posted on 12/8/20
ESPN, Under Armour and LISC Announce New Round of Funding
ESPN, Under Armour and the Local Initiatives Support Corporation (LISC) announced today that four new communities will be eligible for grants through the RePlay initiative, which . . .
Posted on 12/8/20
Eagle Capital Growth Fund Opts Into Maryland Control Share Acquisition Act
MILWAUKEE--(BUSINESS WIRE)--The Board of Directors of Eagle Capital Growth Fund, Inc. (“Fund”) (NYSE American: GRF) unanimously agreed to “opt in” to the Maryland Control Share Acquisition . . .
Posted on 12/7/20
Hershey Invests $1.5 Million in the Thurgood Marshall College Fund
The Hershey Company (NYSE: HSY) today announced it will invest $1.5 million in the Thurgood Marshall College Fund (TMCF) to establish a scholarship endowment, with the . . .
Posted on 12/7/20
Guardian Capital Partners Announces Investment in Havis
WAYNE, Pa.--(BUSINESS WIRE)--Guardian Capital Partners announced that it has invested in Havis, Inc. Guardian partnered with the Company’s executive management team and principal family owners who will . . .
Posted on 12/7/20
Rand Capital Participates in Centivo $34 Million Series B Funding
BUFFALO, N.Y.--(BUSINESS WIRE)--Rand Capital Corporation (Nasdaq: RAND), a business development company, today announced that it recently funded a $500,000 Series B Preferred stock follow-on investment in . . .
Posted on 12/7/20
UB Bancorp Announces Common Stock Repurchase Program
GREENVILLE, N.C.--(BUSINESS WIRE)--UB Bancorp (OTCQX: UBNC), the parent holding company of Union Bank, announces that its Board of Directors has approved the repurchase of up to . . .
Posted on 12/7/20
NGA Foundation Invests in Campaign
Arlington, Dec. 07, 2020 (GLOBE NEWSWIRE) -- The NGA Foundation is investing in a multichannel campaign to attract workers from other industries displaced due to the . . .
Posted on 12/7/20
LPL Financial Welcomes Rosemont Financial Group
CHARLOTTE, N.C., Dec. 07, 2020 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA), a leading retail investment advisory firm, independent broker-dealer and registered investment advisor (RIA) custodian, . . .
Posted on 12/7/20
BioCryst Announces $325 Million of Funding from Royalty Pharma and Athyrium Capital Management
NEW YORK and RESEARCH TRIANGLE PARK, N.C., Dec. 07, 2020 (GLOBE NEWSWIRE) -- BioCryst Pharmaceuticals, Inc. (Nasdaq: BCRX), Royalty Pharma plc (Nasdaq: RPRX) and Athyrium Capital . . .
Posted on 12/7/20
Amerant Bancorp Tender Offer to Repurchase up to $50.0 Million of its Class B Common Stock
CORAL GABLES, Fla., Dec. 07, 2020 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) announced today that it has adjusted the price range of . . .
Posted on 12/7/20
Guardian Capital Partners Announces Investment in Havis
WAYNE, Pa.--(BUSINESS WIRE)--Guardian Capital Partners announced that it has invested in Havis, Inc. Guardian partnered with the Company’s executive management team and principal family owners who will . . .
Posted on 12/7/20
Capitol Investment Corp. V Closes $345M IPO
Capitol Investment Corp. V, a public investment vehicle formed by Mark D. Ein and L. Dyson Dryden, announced today the closing of its initial public offering . . .
Posted on 12/7/20
Inovalon Holdings: A Good Value In Healthcare Technology
SummaryShares of Inovalon have not been able to recover from their drop after earnings at the end of October.2020 guidance reduction was the cause of the . . .
Posted on 12/7/20
NanoTech Completes Its $5 Million Seed Round of Financing Led by Ecliptic Capital
HOUSTON--(BUSINESS WIRE)--NanoTech Inc, a material science company focused on fire-proofing and insulation technologies, completed its $5 million seed round of financing. Austin-based Ecliptic Capital led the . . .
Posted on 12/7/20
Interactive Brokers Acquiring Retail Brokerage From Goldman Sachs
Interactive Brokers Group (NASDAQ:IBKR) is acquiring a big piece of a peer brokerage from Goldman Sachs (NYSE:GS). In the deal, Interactive will purchase the self-directed retail . . .
Posted on 12/4/20
FiscalNote Secures $160 Million in Financing and Growth Capital
FiscalNote, a global technology company that provides software and political intelligence around legislative and regulatory risk, announced that it has secured $160 million in growth capital . . .
Posted on 12/3/20
THL Closes Secondary Transaction with Hightower
Thomas H. Lee Partners, L.P. and Hightower today announced that THL closed an innovative secondary transaction, reaffirming THL's long-term commitment as an investor in Hightower. In addition . . .
Posted on 12/3/20
Capitol Investment Corp. V IPO Proceeds Increased to $345 Million
Capitol Investment Corp. V announced today that the underwriters of its initial public offering of 30,000,000 units have fully exercised their option to purchase an additional 4,500,000 . . .
Posted on 12/3/20
Exterro Portfolio Company Of Leeds Equity Partners Acquires AccessData
Exterro Inc., the leading provider of legal GRC software covering eDiscovery, data privacy and cybersecurity compliance, announced today it has acquired AccessData,
Posted on 12/3/20
CIT Serves as Sole Lender on $25 Million Revolving Credit Facility for KMS
CIT Group Inc. (NYSE: CIT) today announced that its Asset-Based Lending and Sponsor Finance businesses collaborated to serve as agent and sole lender on a $25 . . .
