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Finance and Banking News

Fri, Jan 22nd, 2021
AP Explains: How is the Defense Production Act relevant?

Like his predecessor, President Joe Biden has invoked a 1950 law to boost production of supplies needed to confront the coronavirus pandemic.

Mixed finish on Wall Street as worldwide rally takes a pause

Wall Street tapped the brakes on its recent record-setting rally Friday with a mixed finish for the major stock indexes, though the S&P 500 still ended the week with its third weekly gain in four.

Standpoint's flagship mutual fund the Standpoint Multi-Asset Fund (BLNDX, REMIX) provided investors with a haven of stability during a volatile 2020.

SCOTTSDALE, Ariz. , Jan. 22, 2021 /PRNewswire/ -- The Standpoint Multi-Asset Fund delivered on its commitment to minimize downside risk and produce stable returns by safely navigating a volatile...

BLNDX : 11.89 (+0.25%)
REMIX : 11.88 (+0.25%)
CIT Declares Dividends

NEW YORK , Jan. 22, 2021 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced that its board of directors has declared a quarterly cash dividend of $0.35 per common share on its outstanding...

CIT : 39.73 (+0.56%)
Sierra Income Corporation Announces Q1 2021 Distributions

NEW YORK , Jan. 22, 2021 /PRNewswire/ -- Sierra Income Corporation ("Sierra" or the "Company") today announced that its Board of Directors declared a series of monthly distributions for January,...

MDLQ : 8.41 (+1.94%)
MDLX : 8.55 (+5.56%)
MDLY : 10.54 (-2.59%)
Pfizer to supply 40M COVID-19 shots for poor countries

Pfizer on Friday committed to supply up to 40 million doses of its COVID-19 vaccine this year to a World Health Organization-backed effort to get affordable shots to poor and middle-income countries.

PFE : 36.55 (+0.19%)
The Latest: California reports one-day record high deaths

SACRAMENTO, Calif. — California is reporting a one-day record of 764 COVID-19 deaths but the rate of new infections is falling.

PFE : 36.55 (+0.19%)
DiamondRock Hospitality Company Announces Tax Treatment Of 2020 Dividends

BETHESDA, Md. , Jan. 22, 2021 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced today the following tax treatment of its 2020 dividend distributions to the holders...

DRH : 8.88 (+0.57%)
SHAREHOLDER ALERT: WeissLaw LLP Investigates Climate Change Crisis Real Impact I Acquisition Corporation

NEW YORK , Jan. 22, 2021 /PRNewswire/ --  WeissLaw LLP  is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Climate Change Crisis Real...

CLII : 22.00 (+64.92%)
TZP Strategies Acquisition Corp. Completes $287.5 Million Initial Public Offering

NEW YORK , Jan. 22, 2021 /PRNewswire/ -- TZP Strategies Acquisition Corp. (the "Company"), a blank check company sponsored by TZP Group Holdings, L.P. ("TZP") and formed for the purpose of entering...

TZPSU : 10.35 (+0.49%)
Tanger Factory Outlet Centers, Inc. 2020 Tax Reporting Information - Distribution (Form 1099)

GREENSBORO, N.C. , Jan. 22, 2021 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT) announced today that its 2020 dividend distributions should be treated as follows for income tax...

SKT : 13.35 (+10.60%)
Horizons ETFs Receives 7 Fundata FundGrade A+® Awards

TORONTO , Jan. 22, 2021 /CNW/ - Horizons ETFs Management ( Canada ) Inc. (" Horizons ETFs ") is proud to announce that several of its exchange-traded funds (" ETFs ") have earned Fundata...

HXEM.TO : 40.72 (-0.24%)
HAD.TO : 10.85 (unch)
HAL.TO : 17.22 (unch)
HMP.TO : 10.18 (-0.68%)
HOG.TO : 7.36 (-0.67%)
HTB.TO : 61.15 (+0.68%)
HXQ.TO : 95.87 (+0.45%)
HXT.TO : 40.72 (-0.39%)
WSGF Announces 95% Survey Support For Vaycacychella Real Estate Cryptocurrency

DALLAS , Jan. 22, 2021 /PRNewswire/ -- World Series of Golf, Inc. (OTC Pink: WSGF) ("WSGF") today reported very 95% survey support for the company's cryptocurrency strategy in conjunction with the...

WSGF : 0.0265 (-5.36%)
MetroCity Bankshares, Inc. Reports Earnings For Fourth Quarter And Year Ended 2020

MCBS : 15.04 (+2.94%)
Carroll Financial Announces Launch Of Adaptive Wealth Strategies U.S. Risk Management Index

CHARLOTTE, N.C. , Jan. 22, 2021 /PRNewswire/ --  Global X Funds , the New York -based provider of exchange-traded funds (ETFs), recently launched the  Global X Adaptive U.S. Risk...

ONOF : 25.29 (-1.18%)
IIROC Trade Resumption - ORCD

VANCOUVER, BC , Jan. 22, 2021 /CNW/ - Trading resumes in:

Queen's Gambit Growth Capital Completes Initial Public Offering

NEW YORK , Jan. 22, 2021 /PRNewswire/ -- Queen's Gambit Growth Capital (the "Company") today announced the closing of its initial public offering ("IPO") of 34,500,000 units at a price of $10.00...

GMBTU : 11.31 (+1.53%)
Existing home sales rise in 2020 to highest in 14 years

WASHINGTON (AP) — Sales of existing homes rose 0.7% in December, pushing the entirety of 2020 to a pace not seen in 14 years and providing one of the few bright spots for a U.S. economy mired in a global...

UPCOMING DEADLINE REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Kandi Technologies Group, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES , Jan. 22, 2021 /PRNewswire/ --  The Schall Law Firm , a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Kandi Technologies Group,...

KNDI : 8.18 (-1.56%)
Homebuyers Undeterred by Declining Listings--Pending Sales up 32%, New Listings Down 10%

SEATTLE , Jan. 22, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The median home sale price increased 15% year over year to $318,750 , according to a new report from Redfin ( redfin.com...

RDFN : 75.27 (-1.53%)

Chart of the Day

Tata Motors Ltd (TTM)

The Barchart of the Day  belongs to the global auto manufacturer Tata Motors (NYSE: TTM ).   I found the stock by using Barchart's powerful screening tools to find the stocks with the highest Weighted Alpha and technical buy signals. After I sorted for the most frequent number of new highs in the last...
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