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Bipartisan Group Of U.S. Lawmakers Present Bill That Would Provide Drug Felons With Equal Opportunity In Hemp Industry
Tuesday, March 14, 2023 - 11:44am | 436A bipartisan group of U.S. lawmakers last week introduced a legislation that would abolish the controversial provision of the 2018 Farm Bill which prohibits felons who have completed their sentences from participating in hemp production. The bill was sponsored by David Trone (D), and also co-signed...
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MKM Partners Lists 5 Mega-Banks Worth Buying Post-Stress Test
Thursday, March 12, 2015 - 10:45am | 367In a report published Wednesday evening, MKM Partners analyst David Trone examined five mega-banks investors should consider following the release of the Stress Test results. "The Fed released Comprehensive Capital Analysis and Review (CCAR) results that disclosed approved amounts of capital...
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MKM Partners Previews Banks And Brokers, Maintains Bullish Stance
Monday, October 13, 2014 - 3:31pm | 488David Trone of MKM Partners published an earnings preview for banks and brokers heading in to the third quarter. The analyst maintains a bullish view in his note while reiterating a Buy rating on many of the large-cap banks. "Seasonal factors will obviously create a sequential drop in...
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Bear To Bull: MKM Partners Initiates Coverage Across Universal Banks
Wednesday, May 21, 2014 - 12:16pm | 469In a report published Wednesday, MKM Partners analyst David Trone initiated coverage on Universal Banks. The analyst initiated a Buy rating on JPMorgan Chase & Co. (NYSE: JPM), Bank of America (NYSE: BAC) and Citigroup (NYSE: C) on long-term opportunities. Trone remarked that the...
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UPDATE: MKM Partners Initiates Coverage On Citigroup On Solid Growth Expectations
Wednesday, May 21, 2014 - 12:10pm | 194In a report published Wednesday, MKM Partners analyst David Trone initiated coverage on Universal Banks including a Buy rating on Citigroup (NYSE: C) and $56.00 price target. Trone wrote, "We believe Citigroup's recent rejection of its capital return plan by the Fed will prove a temporary hiccup....
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UPDATES: MKM Partners Initiates Coverage On Bank Of America Noting Long-Term Growth
Wednesday, May 21, 2014 - 11:05am | 226In a report published Wednesday, MKM Partners analyst David Trone initiated coverage on Universal Banks including a Buy rating on Bank of America (NYSE: BAC) and $18.00 price target. Trone commented that Bank of America's peers have seen significant declines in credit costs, “but Bank of America...
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UPDATE: MKM Partners Initiates On JPMorgan Noting Cost-Control Initiatives
Wednesday, May 21, 2014 - 11:02am | 207In a report published Wednesday, MKM Partners analyst David Trone initiated coverage on Universal Banks including a Buy rating on JPMorgan Chase & Co. (NYSE: JPM) and $65.00 price target. MKM Partners wrote, “As the cliché goes, no good deed goes unpunished, instead of being appreciated in...
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Impact Of Proposed Legislation On Banking Sector
Friday, January 22, 2010 - 1:59am | 125President Obama’s new proposed regulation for the banking sector has sent chills throughout the market. Talking with CNBC, David Trone of Macquarie Capital said that he expects the markets to react negatively to the news. He also said that he sees slim chances of the passage of the bill and...