May 2, 2024
Finance

NCLA Asks en Banc Fifth Circuit to Vacate Legally Defective Nasdaq Board Diversity Rules

National Center for Public Policy Research v. Securities and Exchange Commission; Alliance for Fair Board Recruitment v. Securities and Exchange Commission Washington, D.C., March 22, 2024 (GLOBE NEWSWIRE) — The New Civil Liberties Alliance has filed an opening brief in National Center for Public Policy Research v. SEC urging the en banc U.S. Court of

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Finance

CVB Financial Corp. Announces 138th Consecutive Quarterly Cash Dividend

CVB Financial Corp ONTARIO, CA, March 20, 2024 (GLOBE NEWSWIRE) — CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the first quarter of 2024. This dividend was approved at the Company’s regularly scheduled Board of Directors meeting held on March 20, 2024. The quarterly

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Finance

Megacaps’ rally lifts tech-heavy Nasdaq, Fed in focus

By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street’s main indexes rose on Monday, with a rally in megacap growth stocks such as Alphabet and Tesla supporting a rebound in technology-heavy Nasdaq while investors also waited for the U.S. Federal Reserve’s meeting this week. Growth stocks were outperforming, with Alphabet gaining 4.8% after a

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Finance

S&P 500, Nasdaq futures rise as Fed rate call looms

With investors obsessed with Nvidia (NVDA) and the Magnificent 7, they may have forgotten about their former favorite — FAANG (a refresher on FAANG) component Netflix (NFLX). Not everyone has forgotten about the streaming beast: the stock is up 23% since its fourth quarter earnings report! I liked a couple of the call outs from

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Mortgage

8,075 Shares in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Acquired by EP Wealth Advisors LLC

EP Wealth Advisors LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS – Free Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 8,075 shares of the exchange traded fund’s stock, valued at approximately $354,000. Other hedge funds and other institutional investors

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Finance

4 Extraordinary Growth Stocks You’ll Regret Not Buying in the New Nasdaq Bull Market

Over long periods, Wall Street has demonstrated that it’s a wealth-building machine. But over shorter timelines, it’s also proven to be unpredictable and quite volatile. Over the previous four years, Wall Street’s major stock indexes have alternated between bear and bull markets in successive years. These swings have been especially noticeable for the growth stock-driven

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Investors

Wall Street week ahead: Stock market investors to keenly watch for Feb inflation data

Stock market investors on Wall Street in the week ahead will keenly watch for inflation data among the other economic reports. The upcoming economic reports can provide investors clues on the US Federal Reserve’s rate cut plans later in the year. Last week, investors’ hopes were bolstered about interest rates cut after Federal Reserve chair

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Investors

Wall Street week ahead: Investors eye inflation, industrial production data, key earnings

Stock market investors on Wall Street in the week ahead will be watching key economic data including consumer price index, producer price index and industrial production report. Apart from the US economic data, some key earnings including Coca-Cola, Shopify, Cisco, and Sony will also be the focus of the investors. Economic events On February 13,

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Investors

Wall Street week ahead: Investors’ major focus on Fed rate decision, big tech earnings

The major focus of the stock market investors on Wall Street in the week ahead will be on the US Federal Reserve’s monetary policy meeting scheduled for January 30-31 and chairman Jerome Powell’s subsequent press conference. The US central bank is widely expected to keep interest rates unchanged, but investors and traders will look for

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Investors

Wall Street week ahead: Investors eye economic growth indicators, key earnings

On Wall Street in the week ahead, stock market investors’ major focus will be on the economic growth indicators such as pace of inflation, manufacturing PMI and the economy. In addition, investors will also be watching key earnings that include Tesla, Netflix, American Airlines, Abbott Laboratories, and IBM. On January 24, data for January on

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