-
If Fed Cuts Interest Rates, Credit Card APRs 'Are Still Going To Be High' For Now, Economist Says
Monday, September 16, 2024 - 4:23pm | 733Consumers’ wallets should get some relief if the Federal Reserve lowers rates this week, but it won’t be a huge help, according to Benjamin Ayers, senior economist with Nationwide Insurance (NASDAQ:NWFAX). “It should put some downward pressure on auto rates, mortgage rates, loan...
-
June Inflation Report Expected To Show Cooler Pricing, But Consumers Feel Financial Strain
Wednesday, July 10, 2024 - 12:11pm | 545Thursday’s inflation report is expected to show that prices have ebbed in June as consumers face heavy financial burdens in paying more for necessities such as food, gas and rent. Economists predict the Consumer Price Index (CPI), which tracks prices on items such as gasoline, health care,...
-
The Past Week's Most Notable Insider Buys: Editas, Exxon Mobil, Wayfare And More
Saturday, March 6, 2021 - 2:14pm | 983Insider buying can be an encouraging signal for potential investors, especially when markets face uncertainty. A pair of chief executives and an executive board chair were among the insiders making purchases this week. A media company, an e-commerce play and a real estate investment trust saw...
-
Fintech Focus For October 7, 2020
Tuesday, October 6, 2020 - 6:59pm | 2504Quote Of The Day: Merely raising tax rates on the wealthy and corporations wouldn’t really make the system any fairer. - Bloomberg Fintech Movers: Crypto-friendly bank Silvergate said it was particularly "bullish" on its payments platform during its Q2 earnings call. Now it's...
-
Fintech Focus For September 30, 2020
Tuesday, September 29, 2020 - 9:05pm | 2989Quote Of The Day: The man with a new idea is a crank, until the idea succeeds. - Mark Twain Fintech Movers: Brian Armstrong, CEO of Coinbase, took a strong stance against employee-driven corporate activism over the weekend, explaining that, going forward, his company would be “mission...
-
Stash Secures $112M In Series F Led By LendingTree, T.Rowe Price, Union Square Ventures
Wednesday, April 29, 2020 - 10:47am | 365Stash, a holistic solution for financial wellness, formally announced the closure of a $112 million Series F funding round, led by LendingTree, accounts advised by T. Rowe Price, Inc., Breyer Capital, Goodwater Capital, Greenspring Associates, Union Square Ventures, and others. The development...
-
LendingTree To Recognize Financial Innovation At The Benzinga Fintech Summit
Wednesday, September 26, 2018 - 12:11pm | 705DETROIT and SAN FRANCISCO - Benzinga, a leading financial media and events company, announced that it will team up with the nation’s leading online loan marketplace LendingTree Inc (NASDAQ: TREE) to award $10,000 to the winner of an on-site fintech demo competition at the Benzinga Fintech...
-
Video: A Fintech Town Hall Discussion On Disruption Vs. Collaboration
Friday, October 13, 2017 - 3:59pm | 304By Claire Bendig The fine line between disruption and collaboration in fintech was explored at the Benzinga Fintech Summit by executives from International Business Machines Corp. (NYSE: IBM)’s Watson division, Lendingtree Inc (NASDAQ: TREE), MyVest and Riskalyze. MyVest CEO Anton Honkiman...
-
Will LendingTree Wither Amid Q4 Headwinds?
Thursday, October 12, 2017 - 2:10pm | 266BWS Financial's Hamed Khorsand downgraded Lendingtree Inc (NASDAQ: TREE) from Buy to Sell in an analyst note Thursday. Khorsand lowered BWS' target price on LendingTree from $285 to $194. The company is going to face some seasonal headwinds in the fourth quarter, which could have a negative...
-
Apple Users Have Higher Credit Scores, Get Better Rates Than Android Fans
Friday, February 10, 2017 - 1:04pm | 375The Android versus Apple Inc. (NASDAQ: AAPL) debate can carry on indefinitely, as both sides have their share of loyal customers. However, "team Apple" can claim a victory, albeit a smaller and essentially meaningless one, as they are in some ways better off financially. Lendingtree Inc (NASDAQ:...
-
EXCLUSIVE: LendingTree CEO Says Stock 'Incredibly' Attractive
Thursday, February 25, 2016 - 5:57pm | 326Shares of Lendingtree Inc (NASDAQ: TREE) were up more than 20 percent on Thursday following the company’s Q4 report which included raised guidance and a buyback expansion. In January, CEO Doug Lebda told Benzinga he has, “never been more bullish on the future of the company.”...
-
SunTrust: LendingTree's 2016 Guidance Is Conservative
Friday, January 15, 2016 - 4:27pm | 338Lendingtree Inc (NASDAQ: TREE) shares have been lower over the past two months based on concerns, in SunTrust's view, that have developed an "attractive buying opportunity" for the patient trader. At this point in Friday's trading, shares of LendingTree have jumped 8.47 percent since Wednesday's...
-
LendingTree Expects Revenue, EBITDA To Exceed Prior Guidance; Shares Jump Higher
Wednesday, January 13, 2016 - 9:22am | 214Shares of Lendingtree Inc (NASDAQ: TREE) were trading higher by nearly 5 percent at $90.50 early Wednesday morning after the company revised its revenue and EBITDA guidance higher. LendingTree raised its full year fiscal 2015 revenue expectation to a new range of $252.5 million to $253.5...
-
LendingTree Up Big After BofA Upgrade, Firm Sees $2.4 Trillion Opportunity
Thursday, December 10, 2015 - 12:16pm | 370Shares of Lendingtree Inc (NASDAQ: TREE) gained nearly 10 percent Thursday. Nat Schindler of Bank of America upgraded the stock to Buy from Neutral with an unchanged $122 price target. The analyst highlighted the company's an offline-to-online transition to a "huge market....
-
Where A Rate Hike Hurts Most
Thursday, September 17, 2015 - 1:02pm | 387LendingTree (NASDAQ: TREE) founder Doug Lebda says that certain borrowers will be hit harder than others by the first Fed rate hike. Mortgage rates will likely not be impacted as much as other adjustable-rate loans. The average mortgage payment would only rise by $30 per month following a...