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watch nowThe 2026 midterm elections have profoundly altered the national regulatory environment, most notably with Democrats securing control of both chambers of the U.S. Congress and notching big victories...
Fifth Third Bank is expanding its neighborhood investment program to Grand Rapids, leveraging a $7.6 billion Michigan pledge. This initiative applies a successful strategy previously implemented in Detroit to address community development in Grand Rapids. The program aims to invest in neighborhoods within the city.
Franklin Templeton concluded fiscal 2026 with $1.8 trillion in assets under management and $84.1 billion in long-term net inflows, achieving a 5.3% organic growth rate. The company raised its fiscal 2029 private markets fundraising target to $150 billion and its exit margin target to 35%, which is five percentage points higher than the goal set two years prior. CEO Jenny Johnson highlighted positive net flows across all channels and regions, while CFO Matt Nicholls provided guidance for fiscal 2027, anticipating an adjusted operating margin of approximately 30%.
Marriott International President & CEO Anthony Capuano recently exercised 16,428 stock appreciation rights and subsequently sold 63,355 Class A shares. The transactions, dated November 4, 2026, also included a gift of 5,000 Class A shares and the withholding of 10,823 shares for tax obligations. This activity significantly reduced his direct holdings of Class A Common Stock.
PNC Financial Services Group is focusing on growth, AI investment, and branch expansion, with leadership changes taking effect in March. The company projects 2027 GAAP Net Interest Income to be approximately $1B-$1.1B above 2026, though this is not formal guidance. Discussions also covered credit, fee growth, and capital return plans.
Definity Financial Corp. (DFY) reported a 36.2% growth in Q3 premiums to CAD 1.7 billion. However, catastrophe losses pushed its combined ratio to 100.6%. The company continued to advance its integration and synergies with Travelers, and maintained strong outlooks for full-year premiums and investment income.
Southern California Edison (SCE) is encouraging those impacted by the Eaton Fire to submit claims to its Wildfire Recovery Compensation Program by the November 30 deadline. Over 100 participants attended a recent virtual meeting, with an in-person session scheduled for November 12 in Pasadena to provide more information and assistance. As of November 6, 2026, over 5,730 claims have been submitted, leading to more than 3,320 offers totaling over $1.1 billion, with 80% of offers accepted.
Morgan Stanley has downgraded Coinbase stock from "equal weight" to "underweight" and significantly reduced its price target to $120 from $258. Analyst Michael Cyprys cited a deterioration in confidence for an earnings recovery, pointing to sluggish crypto trading, a weaker revenue forecast, and unsettled crypto markets following a recent hack at Binance. This downgrade contradicts the general sentiment on Wall Street, where a majority of analysts recommend buying or holding Coinbase stock, which is down over 39% this year.
AUD/USD extends losses on Friday, slipping to levels last seen in late March. A firmer US Dollar (USD), weaker risk appetite amid the AI-led stock-market rout and cautious Reserve Bank of Australia (RBA) guidance following this week’s rate hike all contribute to the decline.
The PG&E Corporation Foundation has awarded $327,500 in STEM scholarships to 57 students from PG&E's service area who are pursuing undergraduate degrees. These scholarships, ranging from $2,500 to $10,000, are funded by PG&E shareholders and aim to support students in science, technology, engineering, and math fields. Since 2012, the Better Together STEM Scholarship Program has provided nearly $8 million in aid, fostering future innovation and community impact.
American Express is offering personalized welcome bonuses of up to 300,000 points for eligible Business Platinum card applicants, requiring a $20,000 spend within three months. This record-high offer is valued at up to $6,000, significantly offsetting the card's $895 annual fee. Applicants should consider the card's "one-time-per-card lifetime rule" when deciding to apply, weighing the current offer against potential future benefits.
As of December 2025 -- the most recent data available -- the average benefit for people aged 67 is $2,016.48 per month, according to the Social Security Administration (SSA). For many, this age marks the point where you can claim your full benefit without permanent reductions for early filing. Full retirement age (FRA)
Fox is restructuring its senior executive ranks in the wake of its Roku deal closing. The changes will see some high-profile names exit the company, including Roku president of media Charlie Collier, and...
Concern over AI and misgivings about data center construction helped drive votes for change in the midterms — and fueled volatility on the stock market that experts say is likely to continue.
RBC Capital has reaffirmed its "Outperform" rating for Albemarle (ALB) but has reduced its price target to $119 from $129, representing a 7.8% decrease. This new price target suggests a potential upside of 21.0% from the stock's closing price of $98.37 on November 5. The article also provides a summary of recent analyst actions on Albemarle, with price targets ranging from $95 to $185 over the past 30 days.
Finance Minister Francois-Phillipe Champagne tabled the federal budget in Parliament on Thursday, proposing a major change to how your Registered Retirement Savings Plan, or RRSP, is managed in the years...
Allegion plc (ALLE) is positioned for growth due to strong demand in non-residential and residential markets, strategic acquisitions, and shareholder-friendly policies. The company's recent acquisitions, such as Overly Door Company and DCI Hollow Metal, have expanded its product offerings and market presence, contributing to sales growth. Allegion also emphasizes shareholder returns through increased dividends and share repurchases, with positive earnings estimate revisions further supporting its investment appeal.
Regency Centers reported strong Q3 2026 results, raising its 2026 same-property NOI growth guidance to 4.25% or higher and increasing its dividend by 6%, driven by record 97% occupancy and robust rent spreads. However, the company's early 2027 outlook projects a deceleration to mid-3% NOI growth, influenced by moderating occupancy gains, normalized bad debt, and high expense recovery rates. Additionally, refinancing maturing debt is expected to reduce long-term earnings growth by 150-200 basis points, leading analysts to press management on future growth drivers and capital allocation.
Quinton S. Lies, an officer at American Electric Power Co Inc (AEP), has proposed selling 1,122 common shares with an aggregate market value of $141,908.78. The shares include 82 from restricted stock vesting on March 10, 2026, and 1,040 from restricted stock vesting on October 1, 2026, both identified as compensation. The proposed sale date is November 6, 2026, and the transaction is being handled by Fidelity Brokerage Services LLC.
President Donald J. Trump has long said that America is the hottest country in the world — and today’s blockbuster jobs report delivers the proof. The economy added a massive 165,000 new jobs in October, more...
Bitcoin (BTC) set new multi-week lows after Friday’s Wall Street open as BTC price action diverged from stocks.Key points:Bitcoin extends losses after US jobs data beats forecasts Data from TradingView showed BITSTAMP:BTCUSD dipping below $75,000 to levels last seen in mid-August. The total crypto...
Truist Financial is expanding its Merchant Services with new features like Merchant Engage, Clover, and Paze, aiming to deepen relationships with small businesses and commercial clients beyond traditional lending. These enhancements provide faster digital onboarding, broader business tools, and additional payment options, integrating payments with software, business insights, deposits, and treasury services. The success of this initiative hinges on client adoption and the bank's ability to convert these payment relationships into recurring fee income and other banking activities.
Paraguay’s President Santiago Pena is facing impeachment following the collapse of Ueno Bank, a major digital bank, which has plunged the South American country into its deepest political crisis in more than...
U.S. Bancorp has filed Form 424B2 with the SEC, detailing an offering of $7,000,000 in Senior Medium-Term Notes, Series EE. These callable fixed-rate notes, due November 10, 2031, offer a 6.00% annual interest rate and can be redeemed by U.S. Bancorp prior to maturity on specified Redemption Dates. The filing provides key terms, pricing details, and important tax and risk considerations for potential investors.