JPMorgan says little-known West Virginia fintech is positioned as ‘bank of choice’ for online gaming
The bank began research coverage of MVB Financial with an overweight rating, citing its position as the dominant bank in online sports betting and gaming.
McDonald’s expands Krispy Kreme test to more Kentucky locations
The Krispy Kreme doughnuts will be available all day and can be ordered in the drive-thru lane, in the restaurant, through the McDonald’s app and for delivery.
A rush of homes go under contract in January, but it’s unlikely to last
Signed contracts on existing homes jumped 8.1% last month compared with December, according to the National Association of Realtors.
Now is the time to buy Nomad Foods, Goldman says, highlighting near-term catalysts
Analyst Jason English upgraded Nomad said the U.K.-based frozen food parent of Birds Eye (in Europe) and Findus, is currently at a favorable investment point.
How a New York school disrupts education to prepare Black, Latino students for six-figure tech jobs
A new school in Brooklyn has created a one-year program to help students get tech jobs that typically go to college grads with a four-year degree.
Bank of America upgrades Union Pacific after railroad operator says new CEO coming in 2023
BofA said the leadership change shows Union Pacific is prioritizing an operational fix after it was flagged for poor service last year.
Goldman Sachs upgrades Shell to buy, says oil giant can surge 40%
Goldman Sachs upgraded Shell shares to buy from neutral, citing the underperformance of its shares and strong balance sheet position.
Zillow can rally nearly 20% as real estate platform navigates tough housing market, JPMorgan says
Analyst Dae Lee initiated coverage of the online real estate platform with an overweight rating with a price target of $48 per share.
Treasury yields retreat after 2-year note reaches highest level since November
U.S. Treasury yields pulled back Monday as investors continue to monitor the outlook for inflation and the economy.
France says sanctions against Russia are ‘very efficient’ as more are being considered
France’s finance minister told CNBC additional sanctions are being considered against Russia for its unjustified war against Ukraine.
