The U.S. Justice Department said on Thursday that the Bank of America Securities resolved a criminal investigation involving alleged market manipulation schemes by former employees. ...

Since my last Tesla, Inc. (NASDAQ: TSLA ) analysis in July, in which I issued a Strong Buy rating, the stock has risen by nearly 40% in price.Analyst’s Disclosure:I/we have a beneficial long position in the shares of TSLA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. S ...

I am a college freshman studying economics at the University of Chicago, interested in macro and value investing. In my research, I try to track broad economic themes and their implications for securities with asymmetric return profiles.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensat ...

Did a medium-sized canary just croak in the coalmine of consumer credit?While the world and his pet rabbit was avidly glued to the screens, hanging on every word from Fed Chair Powell, something happened in a name that few have likely heard of that could have a much greater impact on markets.After seeing its bonds rise week after week, seemingly amid confidence in the US consumer (especially at the lowest incomes)......prices for the almost $2 billion of debt behind subprime auto-lender Tricolor Holdings su ...

In trading on Monday, shares of Regency Centers Corp's 6.250% Series A Cumulative Redeemable Preferred Stock (Symbol: REGCP) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.5625), with shares changing hands as low as $23.93 on the day. This compares to an average yield of 7.73% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . As of last close, REGCP was trading at a 3.72% discount to its liquidation preference amount, versus the averag ...

What's at Stake: The Fed issues prohibition orders against individuals convicted of crimes to ensure they do not work again in the banking industry. Key Insight: The employees were found to have illegally accessed customer information and embezzled from a bank customer, respectively. Forward Look: The individuals were caught and no longer work at their respective banks. Two former bank employees at two different banks have been kicked out of the banking industry for breaking the law and engaging in " ...

Charles Rotblut, CFA is the editor of the AAII Journal, the flagship publication of The American Association of Individual Investors (AAII). Charles provides both insight about individual investor sentiment and market analysis. He is also the author of "Better Good than Lucky: How Savvy Investors Create Fortune with the Risk-Reward Ratio" (W&A Publishing/Trader's Press).Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate ...

Binance Coin (CRYPTO: BNB) is up over 10% in one week, cracking the $1,000 mark for the first time on Thursday morning and outperforming Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). Cryptocurrency Ticker Price Market Cap 7-Day Trend BNB (CRYPTO: BNB) $992.15 $138 billion +10.5% Bitcoin (CRYPTO: BTC) $117,559.19 $2.3 trillion +2.6% Ethereum (CRYPTO: ETH) $4,606.60 $556 billion +3.9% Trader Notes: More Crypto Online flagged $918 as the support level for trend contin ...

October NY world sugar #11 (SBV25) on Thursday closed down -0.16 (-1.03%), and December London ICE white sugar #5 (SWZ25) closed down -4.50 (-0.98%). Sugar prices extended Wednesday's selloff on Thursday, with NY sugar slumping to a 4.25-year nearest-futures low and London sugar sliding to a 4-year low.   Ramped-up sugar production in Brazil is boosting supplies and undercutting prices.  Unica reported Wednesday that Brazil's Center-South sugar output in the second half of August rose by +18% y/y to 3.872 ...

In a world where financial institutions often look like towering skyscrapers swaying with every market cycle, East West Bancorp stands steadfast, much like a mountain. Time and again, it has proven to be resilient and enduring even withWe like to find those obscure stocks and discuss them. Also enjoy covering companies such as HSBC and Watches of Switzerland among others.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate ...