No summary available.
CHARLOTTE, N.C., July 22, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq: LPLA) announced today that financial advisors Joe Roddy CFP ® , Steve Mayer CFP ® , and Laurie Elfrank of West End Advisory Group have joined LPL Financials broker-dealer, corporate registered investment advisor (RIA) and custodial platforms. The team reported having served approximately $170 million in advisory, brokerage and retirement plan assets*. They join LPL from Cetera Financial Group.
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Image source: Pasja1000 / Pixabay By Lewis Krauskopf Investors are looking to a mounting pile of cash at U.S. companies to provide support for the stock market in coming months, as executives announce plans to increase share buybacks, boost dividends or pour money back into their businesses. Cash on the balance sheets of S&P 500 companies has swelled to a record $1.9 trillion, compared to $1.5 trillion before the pandemic crisis in early 2020, according to Keith Lerner, chief market strategist at Truist Advisory Services. The cash hoard likely will be a key factor in investors calculus as second-quarter earnings season hits full swing while market participants gauge how equities respond to worries over slowing growth and a COVID-19 resurgence that sparked a rush to safe-haven Treasuries in recent days. High corporate cash balances are a nice, subtle form of market support," said Michael Purves, chief executive officer at Tallbacken Capital Advisors. With all the talk about markets getting ahead of themselves and aggressive valuations, this provides market support into 2022 and 2023. Large amounts of cash give companies flexibility to take potentially share-supportive measures, including facilitating buybacks, which boost earnings per share.
LPL Financial Approves Bitwise 10 Crypto Index Fund on Its Platform Cadillac News
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SAN FRANCISCO--(BUSINESS WIRE)--The Bitwise 10 Crypto Index Fund has been approved for both solicited and unsolicited trades on LPL Financials brokerage and advisory platforms.
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Buckle Up, Things Are Picking Up Speed Buckle Up, Things Are Picking Up Speed
Webster Financial Corporation with ticker code (WBS) now have 11 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 71 and 55 and has a mean target at 62.45. Given that the stocks previous close was at 49.02 this would imply there is a potential upside of 27.4%. There is a 50 day moving average of 55.13 and the 200 moving average now moves to 53.71. The company has a market cap of $4,648m. Find out more information at: /> [stock_market_widget type="chart" symbol="WBS" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of banking, investment, and financial services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Bank, and Community Banking. The Commercial Banking segment provides lending, deposit, and cash management services to middle market companies; and commercial and industrial lending and leasing, commercial real estate lending, equipment financing, and asset-based lending, as well as treasury and payment services.
No summary available.
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CHARLOTTE, N.C., July 07, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA) announced today that financial advisor Joseph F. Myer CFP ® , CPFA has joined LPL Financials broker-dealer, corporate registered investment advisor (RIA) and custodial platforms. He is aligned with Gladstone Wealth Partners, a large enterprise supporting LPL-affiliated advisors. Myer reported having served approximately $250 million in advisory, brokerage and retirement plan assets*, and joins LPL from Merrill Lynch.
CHARLOTTE, N.C., July 06, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA) announced today that South Carolina Governor Henry McMaster has signed into law a bill LPL supported as the primary proponent. The new statute gives financial service firms and securities regulators in the state of South Carolina new tools to detect and prevent the financial exploitation of vulnerable adults. LPL worked closely with South Carolina Attorney General Alan Wilson to see the bill enacted.