Financial Services

Search documents
Mario Gabelli Reduces Holdings in 3D Systems, Blue Owl, and Diamondback Energy
Acquirersmultiple· 2025-10-15 22:57
In the most recent 13F, Mario Gabelli’s GAMCO Investors made a series of notable reductions across its extensive equity portfolio. Known for his deep value orientation and long-term, research-driven approach, Gabelli appears to have been selectively trimming positions where valuations have risen or catalysts have played out.Below are the top five reductions by percentage change in common stock holdings:3D Systems Corp (DDD) – ↓82.14% (Technology Hardware)Gabelli sold 46,000 shares, leaving only 10,000. The ...
X @Bloomberg
Bloomberg· 2025-10-15 20:54
A top Senate Republican will push President Donald Trump to reverse firings at the Treasury Department that targeted the staff overseeing a fund for financial services in economically disadvantaged communities https://t.co/4aNDw7jO13 ...
Credit Acceptance Named to 2025 America's Top 100 Most Loved Workplaces List
Globenewswire· 2025-10-15 20:02
Southfield, Michigan, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named to the list of America’s Top 100 Most Loved Workplaces for 2025, as featured in the Wall Street Journal. This is our second year being listed, and we ranked sixth, climbing four spots. "This recognition is meaningful because it resulted directly from the feedback of our team members,” said Ken Booth, Chief Executive Offi ...
MoneyLion, CFPB agree to settle Biden-era allegations of unfair charges on military personnel
Reuters· 2025-10-15 19:50
The U.S. Consumer Financial Protection Bureau and MoneyLion have reached an agreement to resolve allegations made under the prior administration that the company imposed illegal and excessive charges ... ...
The federal shutdown is delaying the release of critical inflation figures
Fastcompany· 2025-10-15 17:51
advertisement BYÂ Associated Press Listen to this ArticleMore info 0:00 / 0:00 The government shutdown is delaying another major economic report, leaving policymakers at the Federal Reserve with a cloudier picture even as the economy enters a challenging phase of stubbornly persistent inflation and a sharp slowdown in hiring.The Labor Department's monthly inflation data was scheduled for release Wednesday, but late last week was postponed until Oct. 24. The department is recalling some employees to assemble ...
Synchrony Financial (NYSE: SYF) Surpasses Earnings Expectations
Financial Modeling Prep· 2025-10-15 17:00
Core Insights - Synchrony Financial reported earnings per share of $2.86, exceeding the estimated $2.22, and showing growth from $1.94 per share in the same quarter last year [2][6] - The company achieved actual revenue of approximately $3.82 billion, surpassing the estimated $3.80 billion, attributed to a resurgence in purchase volume and stronger spending trends [3][6] - Synchrony announced a $1 billion increase in its share repurchase authorization, reflecting confidence in its financial stability and commitment to returning value to shareholders [4][6] Financial Metrics - The company has a price-to-earnings (P/E) ratio of 8.39 and a price-to-sales ratio of 1.28, indicating favorable market valuation [5] - Despite a current ratio of 0.27, which may suggest potential liquidity concerns, the earnings yield stands at 11.92%, offering substantial returns relative to share price [5]
EQ and Raymond James Partner to Offer Clients a Comprehensive Equity Stock Plan Solution
Globenewswire· 2025-10-15 17:00
Highlights EquiTrax™ Intuitive Platform – This collaboration brings EQ’s innovative equity management platform with Raymond James’ forward-thinking wealth management services, creating an unmatched offering to clients.Raymond James Workplace Wealth - Raymond James financial advisors leverage a wide network of specialists across the firm to support corporate executive needs, including trusts & estates planning, specialized equity strategies, retirement planning, financial wellness, and investment banking and ...
Ameriprise Financial Services (AMP) to Report Q3 Results: Wall Street Expects Earnings Growth
ZACKS· 2025-10-15 15:02
Wall Street expects a year-over-year increase in earnings on higher revenues when Ameriprise Financial Services (AMP) reports results for the quarter ended September 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if t ...
JPMorgan Chase & Co. (NYSE:JPM) Maintains Strong Position Amid Financial Sector Growth
Financial Modeling Prep· 2025-10-15 15:00
Company Overview - JPMorgan Chase & Co. is a leading global financial services firm offering a wide range of services including investment banking, commercial banking, and asset management [1] - The company competes with major financial institutions such as Wells Fargo, Goldman Sachs, and BlackRock [1] Stock Performance and Analyst Ratings - Barclays has maintained an "Overweight" rating for JPMorgan, raising its price target from $330 to $342, indicating optimism about the company's future performance [2][6] - As of the latest report, JPMorgan's stock price is $302.08, reflecting a decrease of approximately 1.91% or $5.89 [5] - The stock has traded between $294.21 and $306.83 today, with a market capitalization of approximately $830.64 billion [5] Earnings and Market Outlook - JPMorgan has reported mixed yet promising results during the earnings season, highlighting a positive outlook for the financial sector driven by strong market activity in investment banking and favorable asset-based fees [3][6] - Healthy net interest income (NII) trajectories further support this positive sentiment [3] Industry Growth Projections - The global financial services industry is projected to grow from approximately $36 trillion in 2025 to $47.6 trillion by 2029, representing a compound annual growth rate (CAGR) of over 7% [4][6] - This growth indicates a robust future for companies like JPMorgan [4][6]
MRX SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Marex Group
Prnewswire· 2025-10-15 14:44
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Marex Group plc due to allegations of securities law violations, with a deadline for investors to seek lead plaintiff status by December 8, 2025 [1][3]. Group 1: Allegations Against Marex - The complaint alleges that Marex and its executives made false and misleading statements, including selling over-the-counter financial instruments to itself and inconsistencies in financial statements [3]. - A report from NINGI Research accused Marex of a multi-year accounting scheme involving off-balance-sheet entities and fictitious transactions, including a fabricated receivable of $17 million and nearly $1 billion in concealed derivatives exposure [4]. - Following the release of the report, Marex's stock experienced a significant drop of 6.2%, closing at $35.31 [5]. Group 2: Legal Proceedings - The lead plaintiff in the class action will be the investor with the largest financial interest who is adequate and typical of class members, with options for other members to participate or remain absent [6]. - Faruqi & Faruqi encourages anyone with information regarding Marex's conduct to come forward, including whistleblowers and former employees [6].