Texas markets

CoBank Quarterly: War in Europe’s Breadbasket Shakes Grain and Energy Markets, But Will Not Undo Globalization

DENVER — The war between Ukraine and Russia has reignited speculation that globalization is coming to an end and markets should prepare to turn inward to deal with supply line disruptions and challenges. geopolitics. The war will undoubtedly have lasting implications. However, according to a new quarterly report from CoBank’s Knowledge Exchange, an unraveling of […]

Texas capital

Director of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) Acquires $156,000.00 in Shares

Texas Capital Bancshares, Inc. (NASDAQ: TCBI – Get Rating) Director Robert W. Stallings purchased 3,000 shares of Texas Capital Bancshares in a trade on Thursday, April 28. The shares were acquired at an average cost of $52.00 per share, for a total transaction of $156,000.00. Following the completion of the acquisition, the administrator now directly […]

Texas capital

Robert W. Stallings buys 3,000 shares of Texas Capital Bancshares, Inc. (NASDAQ: TCBIO)

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO – Get Rating) Director Robert W. Stallings purchased 3,000 shares of Texas Capital Bancshares in a trade dated Thursday, April 28. The shares were acquired at an average cost of $52.00 per share, with a total value of $156,000.00. Following the transaction, the administrator now directly owns 68,652 shares of […]

Texas markets

ExxonMobil directs growth to Permian, Guyana and increasingly global LNG markets

Growth in the Permian Basin, Guyana’s offshore and the global liquefied natural gas (LNG) market are gaining momentum, along with low-carbon opportunities, ExxonMobil CEO Darren Woods said Friday. During the 1Q2022 conference call, Woods told investors that “recent events” have clarified the direction of oil and gas producers. New investment in Russia was scuttled by […]

Texas capital

Q2 2022 EPS estimates for Texas Capital Bancshares, Inc. (NASDAQ:TCBI) reduced by Jefferies Financial Group

Texas Capital Bancshares, Inc. (NASDAQ:TCBI – Get Rating) – Equity researchers at Jefferies Financial Group cut their second-quarter 2022 earnings estimates for Texas Capital Bancshares in a report released Wednesday, April 27. Jefferies Financial Group analyst C. Haire now expects the bank to earn $0.77 per share for the quarter, down from his previous forecast […]

Texas capital

Insider Buying: Independent Director of Texas Capital Bancshares, Inc. (NASDAQ: TCBI) Just Bought 7.9% More Shares

Potential Texas Capital Bancshares, Inc. (NASDAQ: TCBI) Shareholders may note that independent director Robert Stallings recently purchased US$421,000 worth of stock, paying US$52.65 for each share. Although the purchase only increased their stake by 7.9%, it is still a solid purchase in our view. See our latest analysis for Texas Capital Bancshares The last 12 […]

Texas markets

KKR Acquires Seven Industrial Buildings Serving the Dallas Forth Worth and Atlanta Markets for Approximately $272 Million | News

NEW YORK–(BUSINESS WIRE)–April 28, 2022– KKR, a leading global investment firm, today announced the purchase of seven industrial distribution buildings totaling nearly 1.8 million square feet (SF) serving the Dallas Forth Worth and Atlanta markets . The assets were acquired in three separate transactions with different vendors for an aggregate purchase price of approximately $272 […]

Texas markets

Greece taps bond markets after sovereign upgrade

ATHENS, Greece (AP) — Greece raised 1.5 billion euros in a 7-year bond reissue on Wednesday, tapping markets days after a sovereign credit rating upgrade. Finance Minister Christos Staikouras said the money was raised with a yield of 2.4%, up from the 2% yield in 2020 when the bond was first issued. The latest auction […]

Texas capital

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) Director Buys $421,200.00 in Stock

Texas Capital Bancshares, Inc. (NASDAQ: TCBI – Get Rating) Director Robert W. Stallings purchased 8,000 shares of the company in a trade dated Monday, April 25. The shares were acquired at an average cost of $52.65 per share, with a total value of $421,200.00. Following the purchase, the director now directly owns 44,810 shares of […]

Texas capital

Fourth Quarter 2022 Earnings Forecast for Texas Capital Bancshares, Inc. Released by Wedbush (NASDAQ:TCBI)

Texas Capital Bancshares, Inc. (NASDAQ:TCBI – Get Rating) – Equity researchers at Wedbush have cut their fourth quarter 2022 earnings estimates for Texas Capital Bancshares in a research report released to clients and investors on Sunday, April 24 . Wedbush analyst P. Winter now expects the bank to post earnings of $0.91 per share for […]

Texas markets

Asian markets tumble as traders worry about global outlook

Published on: 04/27/2022 – 05:10Amended: 04/27/2022 – 05:09 Hong Kong (AFP) – Asian markets were back in negative territory on Wednesday after a rout on Wall Street as traders face a perfect storm of crises, including Covid-related economic woes in China, US interest rate hikes, soaring inflation and the war in Ukraine. The pessimistic mood […]

Texas capital

Texas Capital Bancshares, Inc. to post second-quarter 2022 earnings of $0.74 per share, Wedbush forecast (NASDAQ:TCBI)

Texas Capital Bancshares, Inc. (NASDAQ:TCBI – Get Rating) – Wedbush analysts cut their Q2 2022 earnings per share estimates for Texas Capital Bancshares in a research report released Sunday, April 24. Wedbush analyst P. Winter now expects the bank to post earnings of $0.74 per share for the quarter, down from its previous forecast of […]

Texas markets

Oil stabilizes after sharp decline, focus on Chinese growth – Markets

Oil prices rebounded on Tuesday, stabilizing after a steep 4% fall in the previous session as concerns over China’s fuel demand were eased by the central bank’s pledge to support a battered economy. new COVID-19 restrictions. Brent futures were at $103.50, up $1.18, or 1.15%, and US West Texas Intermediate contracts climbed to $99.41, up […]

Texas capital

Texas Capital Bancshares (TCBI) – Recent Research Analyst Ratings Updates

A number of companies have changed their ratings and price targets on the shares of Texas Capital Bancshares (NASDAQ: TCBI) recently: 04/21/2022 – Texas Capital Bancshares has been downgraded by TheStreet analysts from a ‘b-‘ rating to a ‘c+’ rating. 04/14/2022 – Texas Capital Bancshares has been downgraded by StockNews.com analysts from a “hold” rating […]

Texas markets

Stocks Rebound Ahead of Big Tech Earnings Week: Market Recap

(Bloomberg) – US stocks rose in a late-day reversal as bottom buyers emerged ahead of a busy week for Big Tech earnings. Bloomberg’s Most Read The S&P 500 rallied in a choppy afternoon session to end near the day’s highs, after falling to lows near the 4,200 level. The tech-heavy Nasdaq 100 climbed more than […]

Texas capital

Texas Capital Bancshares, Inc. Announces Quarterly Preferred Stock Dividend | News

DALLAS, April 25, 2022 (GLOBE NEWSWIRE) — Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, and its board of directors have declared a cash dividend of $14.375 per share on fixed capital at 5.75% Perpetual Non-Cumulative Rate Preferred Shares, Series B (the “Series B Preferred Shares”), equivalent to $0.359375 per […]

Texas markets

Global markets falter as Wall Street selloff intensifies

Summary of today’s market The strengthening of the dollar continues. US equity benchmark futures are down. Brent extends losses today as China lockdowns spread to Beijing as the Russian-Kazakh Caspian Pipeline consortium resumed curative oil exports from April 22 after nearly 30 days stop. Gold prices are retreating today. Top daily news Stocks are currently […]

Texas capital

Equity analysts offer forecast for Texas Capital Bancshares, Inc. earnings in the second quarter of 2022 (NASDAQ:TCBI)

Texas Capital Bancshares, Inc. (NASDAQ:TCBI – Get Rating) – Equity researchers DA Davidson released their Q2 2022 earnings estimates for Texas Capital Bancshares in a research report delivered to clients and investors on Friday, April 22 . DA Davidson analyst G. Tenner expects the bank to earn $0.87 per share for the quarter. Other research […]

Texas markets

Weekly review: bearish sentiment pervades the cotton market – Markets

KARACHI: Boredom prevails in the local cotton market. On the international cotton markets, the trend is mixed. There is an increase in water supply in the cotton growing areas of lower Sindh; however, the water crisis continues in Punjab. The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called the steadily declining cotton […]

Texas economy

‘Not all doom and gloom’: Central Texas economy thrives despite inflation and recession worries | Business

Thomas Baird, a director of CentraLand Title Co., had the novel “A Tale of Two Cities” in mind Friday afternoon as he described the current economy. “‘It was the best of times, it was the worst of times,’” Baird said. “I look back over the last few years (with COVID-19) and I can’t think of […]

Texas economy

‘Not all pessimistic:’ Central Texas economy thrives despite inflation and recession worries | Region

Thomas Baird, a director of CentraLand Title Co., had the novel “A Tale of Two Cities” in mind Friday afternoon as he described the current economy. “‘It was the best of times, it was the worst of times,’” Baird said. “I look back over the last few years (with COVID-19) and I can’t think of […]

Texas capital

Bullish insiders at Texas Capital Bancshares, Inc. (NASDAQ:TCBI) filled their treasuries with $6.5 million worth of stocks over the past year

Several insiders got a bigger position in Texas Capital Bancshares, Inc. (NASDAQ:TCBI) shares over the past 12 months. This is reassuring as it suggests insiders have heightened optimism about the company’s prospects. While insider trading isn’t the most important thing when it comes to long-term investing, logic dictates that you should pay attention to whether […]

Texas capital

TEXAS CAPITAL BANCSHARES INC/TX MANAGEMENT DISCUSSION AND ANALYSIS OF FINANCIAL POSITION AND RESULTS OF OPERATIONS (Form 10-Q)

The following discussion and analysis of our financial condition and results of operations for the three months ended March 31, 2022 and 2021 should be read in conjunction with our audited consolidated financial statements and the related notes to the consolidated financial statements included in our Annual Report on Form 10-K for the year ended […]

Texas economy

Securing the border is more important than the economy of Texas, says Abbott – Reform Austin

Governor Greg Abbott’s state inspections of commercial vehicles entering Mexico last week had a negative ripple effect on local commerce and the Texas economy, not even hurting the prevention of illegal immigration – what it was originally intended for. Last week, the governor of the state led troopers to inspect trucks crossing largest ports of […]

Texas capital

Texas Capital (TCBI) Lags First Quarter Earnings and Revenue Estimates – April 20, 2022

Capital of Texas (Quick quote TCBITCBI – Free Report) came out with quarterly earnings of $0.69 per share, missing Zacks consensus estimate of $0.73 per share. That compares to earnings of $1.33 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents a profit surprise of -5.48%. A quarter […]

Texas economy

Could the Texas economy withstand the end of trade with Russia? Lawmakers discuss

AUSTIN, Texas (Nexstar)—At the State Capitol on Wednesday, the House Committee on International Relations and Economic Development was briefed on how ending trade with Russia would affect Texans. This would be done in solidarity with Ukraine as it endures an unprovoked war with Russia. Dr. Ray Perryman, economist, chairman and CEO of the Perryman Group […]

Texas capital

Texas Capital Bancshares: First Quarter Earnings Overview

Texas Capital Bancshares TCBI announced its first quarter results on Wednesday April 20, 2022 at 4:00 p.m. Here’s what investors need to know about the announcement. Earnings Texas Capital Bancshares missed estimated earnings by 5.48%, recording EPS of $0.69 versus an estimate of $0.73. Revenue decreased by $35.34 million compared to the same period last […]

Texas capital

Texas Capital Bancshares misses Q1 EPS by 4c By Investing.com

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Texas capital

TEXAS CAPITAL BANCSHARES INC/TX: Results of Operations and Financial Condition, Change of Directors or Principal Officers, Submission of Matters to a Vote of Securityholders, Other Events, Financial Statements and Exhibits (Form 8-K)

Item 2.02. Results of Operations and Financial Condition. (a)On April 20, 2022, Texas Capital Bancshares, Inc. (the “Company”) issued a press release and made available presentation slides regarding its operating and financial results for its fiscal quarter ended March 31, 2022. A copy of the press release is attached hereto as Exhibit 99.1. A copy […]

Texas economy

Why Texas’ economy could see a boost from US sanctions on Russia

AUSTIN – The growing series of sanctions imposed by the United States on Russia for its invasion of Ukraine could have a net positive effect on the economy of Texas due to the increase in the price of oil and stimulate the production of state energy. That’s the word of three economics experts who testified […]

Texas capital

Texas Capital (TCBI) lags first-quarter earnings and revenue estimates

Texas Capital (TCBI) exited with quarterly earnings of $0.69 per share, missing Zacks consensus estimate of $0.73 per share. That compares to earnings of $1.33 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents a profit surprise of -5.48%. A quarter ago, this holding company of Texas Capital […]

Texas capital

Texas Capital Bancshares (TCBI) is set to report earnings on Wednesday

Texas Capital Bancshares (NASDAQ:TCBI – Get Rating) is expected to report results after market close on Wednesday, April 20. Analysts expect the company to report earnings of $0.75 per share for the quarter. Investors wishing to register for the company’s conference call can do so using this link. Texas Capital Bancshares (NASDAQ:TCBI – Get Rating) […]

Texas economy

Texas economy hit as trucks stop at border | Nation

The economic fallout deepened on Thursday even as Texas Governor Greg Abbott, R, phased out new inspection rules for commercial trucks entering from Mexico, with some businesses saying they are unable to honor the orders because the trucks are blocked in backups of several kilometers. at several entry points. Little Bear Produce is a Texas-based […]

Texas capital

Independent Bank Group (NASDAQ:IBTX) and Texas Capital Bancshares (NASDAQ:TCBI) analysis

Texas Capital Bancshares (NASDAQ:TCBI – Get Rating) and Independent Bank Group (NASDAQ:IBTX – Get Rating) are both mid-cap financials, but which stock is superior? We will compare the two companies based on the strength of their analyst recommendations, valuation, profitability, institutional ownership, risk, dividends and earnings. Institutional and Insider Ownership 94.3% of the shares of […]

Texas capital

To monitor

The market expects Texas Capital (TCBI) to report lower year-over-year earnings on lower revenue when it reports results for the quarter ending March 2022. This consensus outlook widely known is important in assessing a company’s earnings picture, but a powerful factor that could influence its short-term course is how actual results compare to those estimates. […]

Texas economy

How Texas’ economy can grow even if the state cuts carbon emissions to net zero

Good news, Texas: Reducing greenhouse gas emissions can help the state’s economy meet our needs and the wants of our investors and customers. Our research shows that decarbonization is good for business and the environment. Over the past two and a half years, we’ve conducted an in-depth analysis that has looked at different pathways to […]

Texas markets

Latitude Margaritaville expands to 3 Texas markets

Adults 55 and older will be able to search for their lost salt shakers in Texas with the expansion of Latitude Margaritaville in the Lone Star State, Margaritaville and Minto Communities USA announcement Tuesday. It’s sure to be 5 a.m. somewhere when residential communities for working adults over 55 pop up in the markets of […]

Texas economy

Abbott’s truck inspection is ‘bad for the Texas economy’

John C. Moritz Democrat Beto O’Rourke jumped on reports that Gov. Greg Abbott’s inspection policy for all commercial trucks entering Texas from Mexico is causing huge commercial backlogs and said Tuesday the two-term Republican “killing Texas businesses and economy”. “It’s going to be very bad for the Texas economy. It’s going to be very bad […]

Texas capital

Texas Capital Bancshares, Inc. Announces First Quarter 2022 Date

DALLAS, April 06, 2022 (GLOBE NEWSWIRE) — Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, today announced that management will host a conference call and webcast to discuss the first quarter 2022 trading results on Wednesday, April 20, 2022 at 4:30 p.m. EDT. The related press release will be issued […]

Texas economy

Commentary: The Texas Economy Needs Immigrants

We hire. Job offer, apply inside. No experience required. Join our team. Looking for a rewarding career? These words are seen everywhere in today’s business environment. Businesses need employees to succeed and keep their doors open. The economic conditions of the past two years as our community battled the coronavirus have only amplified the hiring […]

Texas capital

Cambria Hotels is expanding in the capital of Texas

WHY IT RATES: Choice Hotels’ fast-growing upscale brand, Cambria Hotels, just opened the first of two properties in its development pipeline in Austin, Texas, with the second slated to open downtown next summer. — Laurie Baratti, TravelPulse Associate Editor Franchised by Choice Hotels International, Inc., the upscale Cambria brand continues to grow rapidly in customers’ […]

Texas capital

Cambria Hotels is growing in the capital of Texas

Located at 7800 E. Ben White Boulevard, the 127-room Cambria Hotel Austin Airport is less than two miles from Austin Bergstrom International Airport and minutes from downtown and the newly opened Tesla Gigafactory. Often referred to as “Silicon Hills”, Austin includes numerous operations of high-tech companies, such as Apple, Amazon, Google, Facebook and Silicon Laboratories, […]