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As an indicator of rising consumer stress and stretched household finances, a report from Edmunds.com showed that auto loan borrowers with negative equity were underwater by an average of $6,054. This...
But before we begin, I want to take this opportunity to remind you that we have reviewed many larger banks in our public articles. But I must warn you: The substance of that analysis is not looking...
Carvana Co (NYSE:CVNA) reported its Q2 numbers on Wednesday (July 19th) along with announcing a debt restructuring and sale of equity to raise up to $1.3 billion. I’ll briefly review the financials....
Here are a couple of stocks from the world of finance that I believe are getting close to appealing short-sale levels: Ally Financial Inc (NYSE:ALLY): OneMain Holdings Inc (NYSE:OMF):
Warren Buffett's cash pile has reached its lowest level since 2019 The Oracle of Omaha has bought a total of 16 stocks this year Like him, I believe it is a good time to buy—if you have the...
With respect to Huey Lewis and the News, investors in Ally Financial (NYSE:ALLY) are, in my opinion, getting a nice gift with the post-earnings dip in Ally Financial. The fintech company known for...
Today kicks off the unofficial start of the fall earnings season with some big banks in focus, but before investors can dive into the earnings news they have to deal with some Apple (NASDAQ:AAPL)...
Deutsche Bank (DE:DBKGn)’s DB credit ratings have been upgraded by a notch by Fitch Ratings. The company’s long-term issuer default rating (IDR) has been bumped up to BBB+ from BBB....
September has meant increased volatility and doldrums in the broader markets. For instance, so far this month, the Dow Jones Industrial Average, the S&P 500 and the NASDAQ 100 are down around...
With the S&P 500 Index surpassing 4,500 points, it is time to take a look at one of its well-performing sectors, which is Consumer Loans. Performance of the Zacks Consumer Loans industry with a...
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