Regional US banks favored by analysts going into quarterly earnings
US banks' third quarter earnings are expected to benefit from upcoming Federal Reserve rate cuts, Bank of America analysts believe. Reduced rates could be a positive development for banks, particularly in a scenario where customer activity rebounds contributing to an economic soft landing, the analysts wrote in a note to clients.
UK's CMA Decides Amazon-Anthropic Partnership Won't Lessen Competition in AI
The United Kingdom's Competition and Markets Authority (CMA) said Friday (Sept. 27) that it decided it will not further investigate whether Amazon's partnership with Anthropic created a relevant merger situation that could result in a lessening of competition.
Comerica Stock Touches 52-Week High: Is It Worth Considering?
CMA hits a new 52-week high driven by the Federal Reserve's aggressive start to monetary policy easing.
Why regional banks are set to benefit from easing interest rates
Christopher McGratty, head of US bank research at KBW, a Stifel Company, joins Market Domination to discuss how the Federal Reserve's rate easing cycle will impact regional banks and lays out some of his top picks in the sector. "We're figuring this out as we go.
Will CMA Concerns About VOD's Merger With Three UK Affect the Stock?
The regulator aims to seek probable solutions to its concerns before making a final decision on the legitimacy of the VOD deal in December.
Comerica Passes Through 5% Yield Mark
In trading on Wednesday, shares of Comerica, were yielding above the 5% mark based on its quarterly dividend (annualized to $2.84), with the stock changing hands as low as $55.54 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.
UK's CMA Says Google's Ad Tech Practices May Violate Competition Law
The United Kingdom's Competition and Markets Authority (CMA) said Friday (Sept. 6) that it has found that Google may have harmed competition by using its dominance in online display advertising to favor its own ad technology services.
British regulator challenges Google's ad tech practices for stifling competition
The UK's Competition and Markets Authority (CMA) has issued a statement of objections against Google, accusing the tech giant of anti-competitive behaviour in the online display advertising sector. The CMA's provisional findings suggest that Google may have used its dominance in ad tech services to restrict competition in the UK market.
Comerica: One Of The Banks To Own In Falling Interest Rate Environment
Falling interest rates to alleviate pressure on deposit outflows. Comerica expects net interest income to gain 2% from 200bps Fed rate cut. Loss of Fiscal Service deposits worth $3.3bn to present biggest headwind in 2025.
6 Blue-Chip Dividend Giants Every Passive Income Investor Should Own
24/7 Wall St. Insights Blue chip dividend stocks are among the safest equities investors can own.
Barratt-Redrow merger to complete today after CMA green light
Barratt Developments PLC (LSE:BDEV) has been given approval by the Competition and Markets Authority to complete its takeover of Redrow PLC (LSE:RDW). The CMA said today it considers there are reasonable grounds to believe that the undertakings offered by Barratt in response to its modest initial competition concerns "might be accepted" as a remedy, which will mean it will not need to refer the deal to a deeper 'Phase 2' investigation.
UK watchdog approves Facebook-parent Meta's advertising data changes
The UK Competition and Markets Authority (CMA) has agreed to changes in Facebook-parent Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB)'s usage of its advertising customers' data. In response to competition concerns raised by the CMA, Meta in May committed not to use competitors' advertising data for its Facebook Marketplace online classified ad service.
