Financial technology companies are now one step closer to having the means to apply for special purpose national bank charters.
The Office of the Comptroller of the Currency on Wednesday published a draft supplement to its licensing manual, which contains existing regulations for chartering national banks.
Originally published on National Law Journal. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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For many, the New Year means new technology being implemented at the practice. One of the biggest challenges facing advisory firms today is getting the team on board with these new programs. Improper planning, skepticism and lack of commitment are just some of the factors that often plague such projects from the start. Without buy-in and adoption, firms cannot realize the full benefits of technology designed to increase efficiency and productivity.
Join this complimentary webcast that will provide a deeper appreciation for these client segments and their needs, and show how advisors can offer protection and guaranteed income to make their clients more retirement confident.
Hot Bank Stocks To Invest In Right Now: Siebert Financial Corp.(SIEB)
- [By Garrett Baldwin]
William may be right about a sell-off in stocks… in the cryptocurrency space. Over the last week, companies that have billed themselves as blockchain-focused saw their stocks surge. One firm – Long Island Iced Tea changed its name to Long Island Blockchain and watched its stock surge more than triple digits. But today, firms with this exposure are cratering. MGT Capital Investments Inc. (OTCMKTS: MGTI), Long Island Iced Tea Corp. (Nasdaq: LTEA), Riot Blockchain Inc. (Nasdaq: RIOT), and Siebert Financial Corp. (Nasdaq: SIEB) all fell by more than 12% Friday.
Hot Bank Stocks To Invest In Right Now: Honeywell International Inc.(HON)
- [By Shane Hupp]
Here are some of the media stories that may have effected Accern’s rankings:
Can Aerospace Strength Drive Honeywell (HON) in Q1 Earnings? (finance.yahoo.com) Could Honeywell Beat Analysts’ Earnings Estimates Again? (marketrealist.com) OJets selects Honeywell for in-flight connectivity (ainonline.com) Analysts’ Views on Honeywell, Pre-1Q18 Earnings Release (marketrealist.com) Honeywell (HON) Stock Rating Reaffirmed by Cowen (americanbankingnews.com)
A number of equities research analysts have weighed in on the company. Zacks Investment Research raised Honeywell from a “hold” rating to a “buy” rating and set a $160.00 target price for the company in a research report on Tuesday, April 3rd. Stifel Nicolaus reaffirmed a “buy” rating and set a $165.00 target price on shares of Honeywell in a research report on Friday, February 16th. Cowen reaffirmed a “buy” rating and set a $168.00 target price on shares of Honeywell in a research report on Monday, January 22nd. Robert W. Baird reaffirmed a “buy” rating and set a $187.00 target price on shares of Honeywell in a research report on Friday, January 26th. Finally, Bank of America lifted their target price on Honeywell from $117.12 to $168.00 and gave the company a “buy” rating in a research report on Friday, January 26th. Three equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $166.07.
- [By ]
It’d be one thing if GE were cheap, but on many metrics, it’s not. Many investors at this point would rather pay for United Technologies Corporation (UTX) , Honeywell International Inc. (HON) or 3M Co (MMM) — the last two of which are holdings in Jim Cramer’s Action Alerts PLUS Charitable Trust Portfolio.
- [By ]
Still, General Electric (GE) surprised with a quarterly gain, and Schlumberger (SLB) and Honeywell (HON) beat estimates.
(Apple, Schlumberger and Honeywell are holdings in Jim Cramer’s Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells the stocks? Learn more now.)
Hot Bank Stocks To Invest In Right Now: Landstar System, Inc.(LSTR)
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Landstar System (LSTR)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Hot Bank Stocks To Invest In Right Now: Net 1 UEPS Technologies, Inc.(UEPS)
- [By Lisa Levin] Gainers
The Trade Desk, Inc. (NASDAQ: TTD) jumped 36.2 percent to $71.82 after the company reported upbeat results for its first quarter. The company also issued strong second-quarter and FY18 sales guidance.
WideOpenWest, Inc. (NYSE: WOW) jumped 30.4 percent to $8.80 after the company reported Q1 results.
MoSys, Inc. (NASDAQ: MOSY) shares surged 28.6 percent to $1.9541 after the company reported better-than-expected Q1 results and issued strong Q2 forecast.
Boxlight Corporation (NASDAQ: BOXL) gained 24 percent to $6.39.
Akcea Therapeutics, Inc. (NASDAQ: AKCA) shares gained 19.1 percent to $24.60. Akcea Therapeutics, an affiliate of Ionis Pharmaceuticals Inc (NASDAQ: IONS) announced that the Endocrinologic and Metabolic Drugs Advisory Committee, which met to discuss the safety and efficacy of subcutaneously injected volanesoren solution for patients with familial chylomicronemia syndrome, voted 12-8 to support its approval.
Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) shares rose 17 percent to $10.31 after reporting Q3 results.
ArcBest Corporation (NASDAQ: ARCB) gained 16.8 percent to $43.1457 after reporting upbeat quarterly earnings.
Amtech Systems, Inc. (NASDAQ: ASYS) rose 16.2 percent to $8.60. Amtech posted Q2 earnings of $0.19 per share on sales of $32.783 million.
Identiv, Inc (NASDAQ: INVE) surged 14.4 percent to $3.8450 following Q1 results.
Omeros Corporation (NASDAQ: OMER) shares rose 14.3 percent to $18.43 following Q1 results.
VivoPower International PLC (NASDAQ: VVPR) gained 11.5 percent to $2.71.
Intersections Inc. (NASDAQ: INTX) gained 11.4 percent to $2.55 after reporting Q1 results.
Noodles & Company (NASDAQ: NDLS) shares rose 10.9 percent to $8.65 following Q1 results.
Voyager Therapeutics, Inc. (NASDAQ: VYGR) climbed 10.6 percent to $18.54 following Q1 results.
Blink Charging Co. (NASDAQ: BLNK) rose 10.4 percent to $5.739.
Immersion Corporation (NASDAQ: IMMR) gained 9.6 percent to $12.69
- [By Lisa Levin] Gainers
MoSys, Inc. (NASDAQ: MOSY) shares rose 44.7 percent to $2.20 in pre-market trading after the company reported better-than-expected Q1 results and issued strong Q2 forecast.
The Trade Desk, Inc. (NASDAQ: TTD) rose 23.2 percent to $65.01 in pre-market trading after the company reported upbeat results for its first quarter. The company also issued strong second-quarter and FY18 sales guidance.
Immersion Corporation (NASDAQ: IMMR) rose 17 percent to $13.55 in pre-market trading after reporting upbeat Q1 results.
Akcea Therapeutics, Inc. (NASDAQ: AKCA) rose 13.8 percent to $23.50 in pre-market trading after the company disclosed that the FDA Advisory Committee voted in favor of WAYLIVRA for the treatment of familial chylomicronemia syndrome.
RXi Pharmaceuticals Corporation (NASDAQ: RXII) rose 9.4 percent to $2.45 in pre-market trading after the company disclosed a collaboration with Iovance Biotherapeutics.
ViewRay, Inc. (NASDAQ: VRAY) rose 13.7 percent to $8.80 in pre-market trading after reporting upbeat quarterly earnings.
ForeScout Technologies, Inc. (NASDAQ: FSCT) rose 5.6 percent to $32.00 in pre-market trading after falling 2.26 percent on Thursday.
Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) shares rose 5.6 percent to $9.30 in pre-market trading after reporting Q3 results.
Aflac Incorporated (NYSE: AFL) rose 4.7 percent to $47.50 in pre-market trading.
Clean Energy Fuels Corp. (NASDAQ: CLNE) rose 4.2 percent to $2.24 in pre-market trading following Q1 earnings.
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) shares rose 3.7 percent to $11.00 in pre-market trading after the company reported Q1 earnings.
Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.
- [By Logan Wallace]
Net 1 UEPS Technologies (NASDAQ: UEPS) and Payment Data Systems (NASDAQ:PYDS) are both small-cap industrial products companies, but which is the better stock? We will compare the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, dividends, analyst recommendations and valuation.
- [By Lisa Levin] Gainers
Acacia Communications, Inc. (NASDAQ: ACIA) shares rose 18.3 percent to $37.25 in pre-market trading after gaining 1.74 percent on Friday.
Kitov Pharma Ltd (NASDAQ: KTOV) rose 12.1 percent to $2.69 in pre-market trading after surging 4.80 percent on Friday.
NXP Semiconductors N.V. (NASDAQ: NXPI) rose 10.9 percent to $109.75 in pre-market trading after Bloomberg reported that the China’s Commerce Ministry has restarted its review of QUALCOMM Incorporated’s (NASDAQ: QCOM) proposed takeover of NXP Semiconductors.
Renewable Energy Group, Inc. (NASDAQ: REGI) rose 10.6 percent to $15.20 in pre-market trading. Renewable Energy will replace Synchronoss Technologies Inc. (NASDAQ: SNCR) in the S&P SmallCap 600 on Tuesday, May 15.
NeoPhotonics Corporation (NYSE: NPTN) rose 10 percent to $6.40 in pre-market trading.
Vaxart, Inc. (NASDAQ: VXRT) shares rose 8 percent to $5.54 in pre-market trading after gaining 2.19 percent on Friday.
Profire Energy, Inc. (NASDAQ: PFIE) rose 7.3 percent to $4.58 in pre-market trading after gaining 6.22 percent on Friday.
Marvell Technology Group Ltd. (NASDAQ: MRVL) rose 7 percent to $22.49 in pre-market trading after falling 1.96 percent on Friday.
Oclaro, Inc. (NASDAQ: OCLR) shares rose 6.9 percent to $9.16 in pre-market trading.
TransEnterix, Inc. (NYSE: TRXC) rose 5.7 percent to $2.24 in pre-market trading after gaining 3.92 percent on Friday.
CVR Refining, LP (NYSE: CVRR) rose 5.4 percent to $19.70 in pre-market trading.
Federal Agricultural Mortgage Corporation (NYSE: AGM) rose 5.2 percent to $92.95 in pre-market trading.
International Game Technology PLC (NYSE: IGT) rose 5.2 percent to $29.94 in pre-market trading.
Lumentum Holdings Inc. (NASDAQ: LITE) shares rose 5.1 percent to $66.30 in the pre-market trading session.
Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) shares rose 5 percent to $10.70 in pre-market trading after climbing 15.66 percent on Friday.
- [By Steve Symington]
Shares of Net1 UEPS Technologies (NASDAQ:UEPS) jumped 15.7% on Friday after thealternative-payment systems specialist announced stronger-than-expected fiscal third-quarter 2018 results and an encouraging development regarding its social grants payments contract in South Africa.
Hot Bank Stocks To Invest In Right Now: Buffalo Wild Wings Inc.(BWLD)
- [By Peter Graham]
A long term performance chart shows Dave & Busters Entertainmenttripling in valuebefore falling back whilesmall cap upscale gentlemen’s clubs and restaurant ownerRCI Hospitality Holdings, Inc (NASDAQ: RICK) began taking off in 2016 and small capBuffalo Wild Wings (NASDAQ: BWLD) is being acquired by Arbys Restaurant Group:
- [By Steve Symington]
That’s not to say it was a quiet day for every stock on the market. With earnings season ramping up, brewing giant Anheuser-Busch InBev (NYSE:BUD) and restaurant chain Buffalo Wild Wings (NASDAQ:BWLD) served as an exercise in contrast as investors reacted to their respective quarterly reports.
Hot Bank Stocks To Invest In Right Now: SunCoke Energy Partners, L.P.(SXCP)
- [By ]
SunCoke Energy Partners (SXCP) : “I don’t like these stocks. That yield is a red flag.”
Mattel (MAT) : “I can’t recommend this one on a takeover alone, so I can’t recommend it. Hasbro (HAS) is much better.”
- [By Lisa Levin]
Check out these big penny stock gainers and losers
Check-Cap Ltd. (NASDAQ: CHEK) fell 23.3 percent to $9.87 in pre-market trading after declining 13.45 percent on Wednesday.
SunCoke Energy Partners, L.P. (NYSE: SXCP) fell 12.8 percent to $16.00 in pre-market trading after reporting Q1 results.
Briggs & Stratton Corporation (NYSE: BGG) fell 11 percent to $17.55 in pre-market trading after the company posted mixed Q3 results and lowered its FY18 guidance.
New Gold Inc. (NYSE: NGD) fell 8.4 percent to $2.30 in pre-market trading following downbeat Q1 results.
Quality Care Properties, Inc. (NYSE: QCP) fell 8.2 percent to $20.85 in pre-market trading. Welltower announced plans to acquire QCP for $20.75 per share in cash.
China Customer Relations Centers Inc. (NASDAQ: CCRC) shares fell 7.5 percent to $17.25 in pre-market trading after climbing 18.73 percent on Wednesday.
Nokia Corporation (NYSE: NOK) shares fell 5.7 percent to $5.58 in pre-market trading after reporting Q1 results.
eBay Inc. (NASDAQ: EBAY) fell 5.6 percent to $38.66 in pre-market trading following Q1 results.
- [By ]
Cramer was bearish on Xilinx (XLNX) , Celgene (CELG) , Exelixis (EXEL) , Moneygram (MGI) , Monster Beverage (MNST) , SunCoke Energy Partners (SXCP) and Mattel (MAT) .