Hancock Whitney Corporation Q1 2026 Earnings Call Summary – Moby Net interest margin expanded 7 basis points to 3.55%, driven primarily by a strategic restructuring of the bond portfolio completed in January and lower deposit costs. Loan growth of $33 million was moderated by seasonal outflows of public funds and planned payments in CRE and…
S&P 500 hits new all-time highs – Moby What a wild ride the market has been this year! The S&P 500 closed at an all-time high, slightly above 7,126, on Friday after President Trump declared the ever-important Strait of Hormuz “FULLY OPEN AND READY FOR BUSINESS.” (His emphasis on capitalization, of course.) The index gained…
Vince Holding Corp. Q4 2026 Earnings Call Summary – Moby Direct-to-consumer (DTC) growth of approximately 10% was driven by strategic pricing actions and improved customer experience, which offset wholesale volatility. Management achieved net sales growth of 2.2% and adjusted EBITDA of $15.1 million for fiscal 2025 despite dealing with approximately $8 million in incremental tariff…
Mortgage and refinance rates today, April 3, 2026: The ‘housing drag’ of the oil crisis continues Source link
(Bloomberg)– Financial markets got off to a volatile start on Monday, with futures on US stock indexes and crude oil rocked as the war in Iran entered its fourth week with no signs of de-escalation. Crude oil swung sharply, initially rising 1.9%, before reversing to fall nearly 1.8% to $110 a barrel. S&P 500 futures…
This week, mortgage rates hit their lowest point since September 2022. According to Freddie Mac, the average 30-year fixed rate fell eight basis points to 6.01%. The 15-year fixed interest rate fell nine basis points to 5.35%. With rates falling, purchase and refinancing demand will grow. If you’re getting a new home loan soon, whether…
Mortgage rates fell a bit during the week. According to Freddie Mac, the average 30-year fixed rate fell two basis points to 6.09%. That’s just three basis points above the three-year low of 6.06%. The 15-year fixed interest rate fell six basis points to 5.44%. Discounts on new homes have surpassed the resale market “for…
Current mortgage rates are significantly lower than rates last January. This time last year, the average 30-year fixed mortgage rate was above 7%, according to Freddie Mac. Now, the 30-year year-over-year rate has fallen 98 basis points to 6.06%. This is a good time to shop around for the mortgage lender that offers the best…
Vi / iStock Editorial via Getty Images Automatic Data Processing Inc. (NASDAQ: ADP) This morning it posted solid earnings in the first quarter of fiscal 2026, but investors responded cautiously. The stock fell 4% to around $268 despite results beating expectations on both earnings and revenue. The muted reaction indicates that the market may have…
Mortgage rates continue to fall. According to Freddie Mac, the national average 30-year fixed mortgage rate fell eight basis points this week to 6.19% — 35 basis points less than a year ago. The 15-year rate has also dropped eight basis points to 5.44%more than a quarter of a point less than last October. “Mortgage…
