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Haryana CM orders probe, warns of 'stern action' in IDFC 'fraud' case
The Economic Times· 2026-02-23 19:00
Sharing the details in Chandigarh, Saini said the state government has directed the Anti-Corruption Bureau and the Vigilance Department to conduct a "comprehensive investigation" into the alleged irregularities. A high-level committee will also be constituted to examine the matter. "A thorough probe is underway to determine accountability and establish whether any government employees, bank officials, or other individuals were involved. Be it any bank official, government employee, or anyone else, stern ac ...
Exchange Bank Declares First Quarter Cash Dividend
Businesswire· 2026-02-23 19:00
SANTA ROSA, Calif.--(BUSINESS WIRE)--Exchange Bank (OTC: EXSR) today announced its first quarter cash dividend. On February 18, 2026, the Exchange Bank Board of Directors declared a quarterly cash dividend of $1.30 per share on common stock outstanding to shareholders of record at the close of business on March 6, 2026. The dividend will be paid on March 20, 2026. 50.44%, approximately $1.12 million, of the Bank's cash dividend will go to the Doyle Trust which funds the Doyle Scholarships at th. ...
'DUSA' Surpasses $1B In Assets, ETF Managers Tapping in Prediction Markets | ETF IQ 2/23/2026
Youtube· 2026-02-23 18:56
>> IT IS MONDAY. THIS IS THE ONE-HOURS SNOW EDITION OF "BLOOMBERG ETF IQ." I AM SCARLET FU. KATIE GREIFELD IS OFF. THAT'S GOOD TO THE $21 TRILLION GLOBAL ETF INDUSTRY WE WILL SPEAK TO CHRIS DAVIS OF DAVIS ADVISORS. THE PIONEER IN ACTIVE FUNDS TELLS US WHAT HE SEES A COMEBACK IN VALUE INVESTING. WE CHECK IN WITH TRAVIS EXPENSE OF J. P. MORGAN ASSET MANAGEMENT. WE WILL GET INTO FUNDS, DERIVATIVES, AND THE MOVEMENT IN EQUITIES. THE LARGEST STABLECOIN HAS FALLEN BY $1.5% BILLION IN FEBRUARY, PUTTING THE STABLEC ...
IDFC ‘fraud’ may singe other private banks too: Low-cost accounts at risk
The Economic Times· 2026-02-23 18:49
Analysts said any migration of low-cost current and savings accounts (CASA) from private lenders is likely to benefit large state-sector banks, particularly "There will be greater scrutiny of government deposits in private sector banks, and some balances could migrate to PSU banks over the medium term, particularly impacting CASA," said Suresh Ganapathy, head of Financial Services Research at Macquarie Capital. "Post-Covid, CASA ratios across the system have already declined by 500-600 basis points from pe ...
Why JPMorgan Stock Just Dropped
Yahoo Finance· 2026-02-23 18:45
Tech stocks are tumbling Monday morning, with the Nasdaq down 1.1% on worries over a new AI report from Citrini Research -- and it's not only tech stocks suffering. Financial giant JPMorgan Chase (NYSE: JPM) stock is down 4.3% as of noon ET. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. How Citrini Resear ...
Surging Earnings Estimates Signal Upside for Nicolet Bankshares (NIC) Stock
ZACKS· 2026-02-23 18:20
Nicolet Bankshares (NIC) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The upward trend in estimate revisions for this bank holding company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between t ...
What Makes Bank of Hawaii (BOH) a New Strong Buy Stock
ZACKS· 2026-02-23 18:00
Bank of Hawaii (BOH) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a ...
Svenska Handelsbanken Ab Publ (SVNLY) is a Great Momentum Stock: Should You Buy?
ZACKS· 2026-02-23 18:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
The Big 3: JPM, SNDK, TLT
Youtube· 2026-02-23 18:00
It's time for the big three. We've got three stocks, three charts, three trades. Rick Ducat will take us through the charts as usual.Here to take us through the trades is Scott Bower, the CEO at Prosper Trading Academy. Great to have you both with us. Scott, thanks for being with us to start the week.Would love to hear your thoughts on how the markets are starting the week. >> Yeah, it's it's pretty tough. Um, you know, the uncertainty again around tariff talk.You know, it's not I would say it's not as vola ...
3 Vanguard ETFs to Buy That Are Crushing the S&P 500 in 2026
Yahoo Finance· 2026-02-23 17:55
As of market close on Feb. 17, the S&P 500 is flat on the year. At first glance, you may think that stocks are going nowhere, but that couldn't be further from the truth. Mega cap growth stocks have been falling, while plenty of other stocks are soaring -- especially in sectors that don't make up a large share of the index -- like consumer staples, energy, industrials, and materials. In fact, if you were to weight each component in the S&P 500 evenly instead of by market capitalization, the index is actua ...