Financial Advisor1h
After L.A. Fires Destroyed Mansions, Banks Reckon With Jumbo Loans
In the affluent Los Angeles neighborhoods scorched by wildfires, jumbo mortgages on multimillion-dollar homes are commonplace, making the loans a potential pain point for the banks left holding them.
Analysts Conflicted on These Financial Names: Banc of California (BANC) and Tradeweb Markets (TW)
Analysts have been eager to weigh in on the Financial sector with new ratings on Banc of California (BANC – Research Report) and Tradeweb ...
Intercontinental Exchange Inc. stock outperforms competitors on strong trading day
Shares of Intercontinental Exchange Inc. ICE advanced 4.34% to $167.68 Thursday, on what proved to be an all-around mixed ...
Homeowners - particularly first-time buyers - are worryingly late on their mortgage payments
Delinquencies on Federal Housing Administration loans, typically used by first-time home buyers, rose 74 basis points in 2024. A basis point is 1/100th of a percentage point. Delinquencies on FHA ...
Why Intercontinental Exchange Rallied Today
Shares of Intercontinental Exchange (NYSE: ICE) rallied Thursday, up 4.5% as of 11:10 a.m. ET. The company reported earnings today, showing off its resiliency with solid growth and an earnings beat.
Intercontinental Exchange stock rises on dividend hike, buyback resumption
NEW YORK - Intercontinental Exchange, Inc. (NYSE:ICE) reported fourth-quarter earnings that narrowly missed analyst estimates, but saw its stock rise 5% after announcing a dividend increase and plans ...
Intercontinental Exchange targets $230M Black Knight synergies by 2025 with leverage reduction plans
CFO Warren Gardiner noted achieving $175 million in expense synergies related to the Black Knight acquisition within 16 months and raised the synergy target to $230 million by the end of 2025. "We now ...
Equifax reports Q4 revenue below estimates on slower hiring, shares fall
Credit ratings firm Equifax's fourth-quarter revenue fell short of estimates, hurt by a weaker hiring market and ...
Intercontinental Exchange Raises Quarterly Dividend by 6.7%
Intercontinental Exchange's board has raised the New York Stock Exchange parent's quarterly dividend by 6.7%, to 48 cents a share from 45 cents. The new payout, equal to $1.92 a year, represents an ...
NYSE-Parent ICE Profit Rises on Robust Trading Volumes
The global commodity and energy markets saw significant volatility due to the conflict in the Middle East. Market turmoil tends to boost overall trading volumes for exchanges. The exchange operator ...
How could Trump’s tariffs impact Californians? Residents rely on Mexico for these goods
On Tuesday, the Trump administration imposed a 10% tariff on China, causing the country to respond with retaliatory tariffs of its own on goods ranging from coal to farm machinery.
UK Bond Trading Nears 2018 Landmark With Boost From Turmoil
Interest in UK government bond futures is booming, as this year’s volatility attracts risk seekers back to the market.Most ...