Texas economy

Dallas Fed signals early signs of slowing Texas economy

Since the initial shock of the coronavirus pandemic, the Texas economy has seen two years of rapid and relatively stable gains – at least so far. Recent Dallas Federal Reserve surveys of manufacturing, retail and service sector across the state show a mixed outlook towards the end of 2022. Dallas Fed economist Christopher Slijk joined […]

Texas capital

Texas Capital Bancshares (NASDAQ:TCBI) receives a “neutral” rating from Wedbush

Texas Capital Bancshares (NASDAQ:TCBI – Get Note)The stock had its “neutral” rating reiterated by Wedbush equity research analysts in a research note released Wednesday, Stock Target Advisor reports. They currently have a target price of $60.00 on the bank’s shares. Wedbush’s price target would suggest a potential decline of 0.96% from the company’s current price. […]

Texas economy

Republicans saw the economy as Whitmer’s big weakness in the election. Has this changed? ⋆ Michigan Advance

Republicans have spent most of the 2022 cycle launching attacks on the economy and inflation under Democratic Governor Gretchen Whitmer and President Joe Biden – something many political analysts say should help the party do mid-term gains. “The Whitmer administration from top to bottom is infected with a culture of progressive, anti-business political activism. It’s […]

Texas markets

Midwest and East Coast markets are weathering industry headwinds better

Amid economic uncertainty and pundits hinting at a recession, housing markets in relatively affordable Midwest and East Coast metro areas are holding up better than anywhere else in the country, according to a new report from Redfin. Lake County, Illinois, located about 45 miles north of Chicago, fared better than any other metro in this […]

Texas economy

Edinburgh’s business expansion set to boost economy

EDINBURGH, Texas (ValleyCentral) – Several businesses are expected to expand to the North Industrial Park subdivision, which will open up several employment opportunities and provide a significant boost to the economy. A vaccination clinic will be held in Mercedes on Wednesday “There’s going to be a lot of groundbreaking in the next two years,” said […]

Texas markets

Europe roundup: Sterling rallies as BoE, Treasury seeks to calm markets, European equities rebound, gold companies, oil rises from 9-month low on US Gulf Supply Cuts – September 27, 2022

Market overview • August EU loans to non-financial corporations 8.7%, previous 7.7% • EU August M3 Money Supply (Annual) 6.1%, 5.4% forecast, 5.5% previous •EU private sector loans (Annual) 4.5%, previous 4.5% • Total job seekers in France 2,966.0 K, 2,967.0 K previous Future Outlook – Economic Data (GMT) • 12:30 US Aug Non-Defense Durables […]

Texas economy

Second Prime event shows Amazon nervous about economy

Shopping for holiday bargains starts very early this year. And that could be good news for buyers, even if it signals some slightly worrisome things for the economy. E-commerce giant Amazon on Monday announced plans for “a new two-day global shopping event” exclusive to members of its Prime loyalty program. Dubbed Prime Early Access Sale, […]

Texas economy

Texas Comptroller: State’s Economy Safe Despite Fear of Recession | New

AUSTIN — Texas Comptroller Glenn Hegar said Texas is better prepared than other states to weather any storm if the country slips into a recession. Hegar was one of hundreds of speakers at the Texas Tribune Festival on Friday which brings together politicians, pundits, journalists and more to discuss Texas politics and politics. “I can […]

Texas markets

Southern Hills Home Buyers Expands into All Texas Markets, Allowing Homeowners to Sell Their Homes Quickly and Efficiently

Southern Hills Home Buyers announces expansion into all Texas markets. Southern Hills Home Buyers provided access to quick and easy home sales in nearby markets and, due to customer demand, quickly expanded to all major markets in the region. Additionally, Southern Hills Home Buyers has implemented a helpful service that allows homeowners to sell their […]

Texas markets

Pound hits record high against dollar as markets fall on recession fears

The pound has slumped since Britain’s new finance minister, Kwasi Kwarteng, unveiled his mini-budget to cut taxes on Friday – Copyright UK PARLIAMENT/AFP JESSICA TAYLOR The pound hit a record low against the dollar on Monday on growing fears over Britain’s economy after the government unveiled a huge tax cut budget. The selloff came as […]

Texas economy

Texas Comptroller: State’s Economy Safe Despite Fear of Recession | Texas

AUSTIN — Texas Comptroller Glenn Hegar said Texas is better prepared than other states to weather any storm if the country slips into a recession. Hegar was one of hundreds of speakers at the Texas Tribune Festival on Friday which brings together politicians, pundits, journalists and more to discuss Texas politics and politics. “I can […]

Texas markets

Oil markets are volatile but they are not broken

Oil markets are broken. The extreme volatility and lack of liquidity means that crude futures have become disconnected from the strained physical oil markets. At least that is what certain strong voices in the oil world are telling us. But I suspect they can talk about their own books. Complaining that the markets are broken […]

Texas capital

Texas Capital Bank: the sale of BankDirect is not enough to justify a high valuation premium

NicolasMcComber Texas Capital Bancshares’ (NASDAQ: TCBI) the recent divestiture of its BankDirect Capital Finance stake marks continued progress in its strategic shift toward building a core commercial lending base in Texas. Strategically, it’s hard to argue against this decision – it creates a better capitalized and more liquid balance sheet, allowing a reallocation of capital […]

Texas markets

Markets Brief: As the third quarter draws to a close, the stock market rebound has passed

With the end of the third quarter just days away, what looked like a turnaround quarter for markets turned sour for investors. At one point in August, Morningstar’s U.S. Market Index had rebounded more than 18% from its mid-June lows, and bond yields began to fall on hopes that inflation was hitting a low. peak […]

Texas markets

Industry update: Energy stocks and crude oil fell in Friday’s market selloff

Energy stocks added to their steep declines this afternoon, with the NYSE Energy Sector Index down 7.2% and the SPDR Energy Select Sector ETF (XLE) down 6.9 % at the end of the session. The Philadelphia Oil-Service Sector Index was also down 8.5% and the Dow Jones US Utilities Index slipped 1.4%. West Texas Intermediate […]

Texas markets

Russian news and harvest put pressure on markets – Agweek

Editor’s Note: Catch Randy Martinson every Friday after markets close on the Agweek Market Wrap at agweek.com. The second week of September was a crazy week. Grains started the week mixed, with wheat starting the week down while corn and soybeans jumped higher. The market reacted to the September USDA crop production report. For the […]

Texas economy

Governor Abbott Highlights Port Houston’s Vital Role in Texas Economy | Texas Governor’s Office

September 22, 2022 | Austin, TX Governor Greg Abbott highlighted the vital role Port Houston plays in supporting Texas’ economic juggernaut today during the Gulf Coast Industry Forum in Pasadena. Delivering a keynote address to a crowd of more than 700, Governor Abbott extolled Port Houston’s contributions to Texas’ powerful economy and outlined ways the […]

Texas markets

US state securities regulators and crypto markets. Cymru team internet tracking tool. The SEC claims jurisdiction over Ethereum transactions.

In one look. US state securities regulators are cracking down on crypto markets. The US military discovered that they were using the Team Cymru internet tracking tool. Could the SEC have jurisdiction over all Ethereum transactions? US state securities regulators are cracking down on crypto markets. The Washington Post describes how Joe Borg, director of […]

Texas markets

Eight NJ counties in top 50 most vulnerable U.S. real estate markets

While the Federal Reserve’s third consecutive three-quarters percentage point interest rate hike was the economic headline on Wednesday, the Fed’s past and upcoming actions are weighing on trends in a housing market that is , until recently, was historically hot. According to Rick Sharga, executive vice president of market intelligence for ATTOM Data Solutions, an […]

Texas economy

The Democrats destroyed the American economy! But also are the economies of Georgia, Florida and Texas booming?

(Composite / Photos: GettyImages / Shutterstock) Before you start: I don’t know what Vladimir Putin’s announcement about moving to “partial mobilization” means, but it probably means Something. Putin claims he will mobilize 300,000 reservists. Indeed, he undertakes in pot towards Ukraine. Two things strike me: (1) This mobilization will probably not work. In America, we […]

Texas markets

European stock exchanges open at closing; markets brace for further Fed rate action

Qatar Airways will continue to fly to Russia, says CEO Qatar Airways CEO HE Akbar Al Baker said on Wednesday that airlines would continue to fly to Russia as long as it was safely operational. “We will continue to fly to Russia, we will continue to serve the people,” he told CNBC’s Hadley Gamble on […]

Texas capital

Texas Capital Bancshares (NASDAQ:TCBI) profits decline over five years, contributing to a 23% loss for shareholders

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) Shareholders should be pleased to see the stock price rise 22% in the last quarter. But if you look at the last five years, the returns have not been good. You would have been much better off buying an index fund, since the stock has fallen 23% over that half-decade. […]

Texas economy

Walmart and Target Push to Cut Credit Card Fees | Focus Economy

Frustrated with extra credit card charges when shopping? A pair of bipartisan bills in Congress seek to reduce swipe fees, also known as interchange fees, that retailers pay each time a customer makes a purchase with their card. This effort is supported by retail giants such as Walmart, Target and Kroger, as well as independent […]

Texas markets

PSEi up 0.17% as US markets rebound

Investors looked for bargains near the 6,400 support levels on Tuesday, ending the five-day losing streak for the Philippine Stock Index (PSEi), which gained 11.04 points or 0.17% to close at 6,448.46. According to Philstocks Financial Inc. Research Associate Claire Alviar and Rizal Commercial Banking Corp. Chief Economist. Michael Ricafort, the local stock exchange, along […]

Texas markets

United States Electric Power Industry Conference: ISO Markets, Energy Trading, and Renewable Energy Resources (New York, USA – November 15-16, 2022) – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “The Electric Power Industry in the United States Today, ISO Markets, Energy Trading, and Renewable Energy Resources” training has been added to from ResearchAndMarkets.com offer. If you really want to understand the electric power industry in the United States, this course is for you. This in-depth program provides a comprehensive and clear explanation […]

Texas markets

America Roundup: US Dollar Rises as Markets Brace for Big Fed Rate Hike, Wall Street Ends Choppy Session Higher, Gold Falls, Oil Rises Slightly as Markets supply issues outweigh demand and rate hike concerns – September 20, 2022

Market overview • All eyes are on the Fed’s policy decision on Wednesday • Prices of traders with a low probability of a rate hike of 100 bps • 10-year US Treasury yields at their highest since 2011 • US indices up: Dow 0.64%, S&P 0.69%, Nasdaq 0.76% •Canada August IPPI (Annual) 10.6%, previous 11.9% […]

Texas capital

Texas Capital bullish insiders Bancshares, Inc. (NASDAQ:TCBI) loaded $13 million worth of stock earlier this year

A number of insiders have significantly increased their holdings in Texas Capital Bancshares, Inc. (NASDAQ: TCBI) over the past 12 months. An insider’s optimism about the company’s prospects is a positive sign. While insider trading isn’t the most important thing when it comes to long-term investing, we think it makes perfect sense to keep tabs […]

Texas economy

GOP wins on economy, immigration; Democrats are ahead on abortion and health care

WASHINGTON- If it’s Monday… President Biden attends the funeral of Queen Elizabeth II. … Biden said “the pandemic is over” in an interview with “60 Minutes”. … In the same interview, the president say one more time the United States would defend Taiwan if attacked by China. …Latest NBC News Poll find Congressional preference tied […]

Texas markets

All eyes are on the Fed as oil markets gauge the economy

The expected increase in lending rates when Federal Reserve policymakers respond will dominate the news cycle and likely cause oil prices to fall further, analysts said. Weak economic data pushed West Texas Intermediate, the US benchmark for the price of oil, down nearly 2% last week to settle at $85.11 a barrel on Friday. Giovanni […]

Texas markets

Asian markets follow global markets lower

Asian action markets are trading mostly lower on Monday, following broadly negative signals from global markets on Friday, amid concerns about the outlook for the world economy against a backdrop of monetary policy tightening by central banks around the world. Traders are cautious as they await the US Fed’s monetary policy decision on Wednesday. Asian […]

Texas capital

Texas Capital Bancshares, Inc. (NASDAQ: TCBI) Receives Medium “Holding” Recommendation from Analysts

Shares of Texas Capital Bancshares, Inc. (NASDAQ:TCBI – Get Rating) received an average rating of “Hold” from the nine research firms that currently cover the company, MarketBeat.com reports. Two research analysts rated the stock with a sell rating, one issued a hold rating, one assigned a buy rating and one issued a strong buy rating […]

Texas markets

Inflation-Rocked Markets Leave Investors Nowhere to Hide

(Bloomberg) — For inflation-burned investors, a really bad year is starting to look even worse. Bloomberg’s Most Read As stock prices tumbled and bonds suffered the biggest losses in decades, soaring consumer prices turned a few corners of the financial markets into profitable havens earlier this year. Oil prices have recovered. Other products too. Even […]

Texas capital

Texas Capital Bancshares (NASDAQ:TCBI) shareholders are in the red if they invested five years ago

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) Shareholders should be pleased to see the stock price rise 21% in the last quarter. But that doesn’t change the fact that returns over the past five years have been less than pleasing. You would have been much better off buying an index fund, since the stock has fallen 24% […]

Texas markets

Texas securities offerings struggle as stock and bond markets fall

Capital markets activity rebounded slightly in the first six months of 2022, but remained significantly below that of the first half of 2021. The second half of 2022 didn’t start well either. Texas lawyers conducted 94 securities offerings between Jan. 1 and June 30, worth a combined $54.9 billion, according to the Texas Lawbook, a […]

Texas markets

What a ‘legacy’ version and reload of SPR means for the markets

DINphotogallery By Bob Iaccino The term “historical” is often used casually in financial markets, whether referring to historical rate hikes, historical inflation, or historical yield curve movements. Sometimes, however, things happen that actually deserve to be called “historic.” In November 2021, President Joe Biden ordered the release of 50 million excess barrels of crude oil […]

Texas economy

Friday Night Beer Blog – the economics of beer

Happy Friday beer fans, come on in and have a cold beer with us! — The global economy has been under unusual stress for 2 and a half years now, since first the Covid pandemic and now the war in Ukraine. We’re seeing higher prices for almost everything, including beer, and for reasons you might […]

Texas markets

Market Brief: 3 things to watch at this week’s Fed meeting

With stock and bond markets in a big air pocket thanks to a hotter than expected inflation report, all eyes are on this week’s Federal Reserve meeting. In the markets, the response was once again to raise expectations about the aggressiveness of the Fed to control inflation. The question is how the central bank itself […]

Texas markets

US futures decline as inflation concerns weigh on markets

US stock futures fell during Friday’s pre-market session, continuing their slide after a stronger-than-expected inflation report. Dow Jones Industrial Average futures are down 0.8%, S&P 500 futures are down 0.8% and Nasdaq futures are down 0.9% . Oil prices rose, with global first-month benchmark Brent crude futures up 1.2% and West Texas Intermediate crude up […]

Texas capital

Texas Capital Bancshares Inc (TCBI) is up 2.98% in one week, should you hold out?

Texas Capital Bancshares Inc (TCBI) is near the top of its industry group according to InvestorsObserver. TCBI scores an overall rating of 71. This means it scores above 71% of the shares. Texas Capital Bancshares Inc ranks 96 in the Banks – Regional sector. Banks – Regional is number 32 out of 148 industries. TCBI […]

Texas economy

NJ jobs erase pandemic losses – but here’s how the economy has changed

TRENTON — Employment in New Jersey has finally fully recovered from losses suffered during economic shutdowns imposed during the early months of the pandemic, according to preliminary estimates released by the state Thursday. Estimates produced by the U.S. Bureau of Labor Statistics point to a record number of jobs in the state in August for […]

Texas markets

There are only 3 Saturday Farmers’ Markets left this year

Fall marks the time for “hot” foods, including soups. Foods from this time of year are perfect for soups; we have tomatoes, cabbage and broccoli, winter squash, peppers, onions and garlic. Vegetable soup is so fortifying….it’s easy to create a simple meal with any mix of vegetables from the garden or market, a little black […]

Texas capital

Texas Capital Bancshares (NASDAQ:TCBI) trades up 3.6% on analysts’ upgrade

Shares of Texas Capital Bancshares, Inc. (NASDAQ:TCBI – Get Rating) jumped 3.6% during Thursday’s midday session after Truist Financial raised its price target on the stock from 65.00 $ to $68.00. Truist Financial currently has a buy rating on the stock. Texas Capital Bancshares traded as high as $63.30 and last traded at $62.90. 7,677 […]

Texas economy

An impending rail strike would cost the US economy $2 billion a day

(The Center Square) – Billions in economic losses and disruptions to the daily lives of Americans loom on the horizon with a potential US freight railroad strike at the end of the week. A deadline for agreement is 12:01 a.m. Friday. Here’s what you need to know: Who: Freight Railways and Railway Unions. The railroads, […]

Texas markets

These housing markets most at risk of downturn, new report says

Text size As the slowdown in real estate activity in the country continues, some metro areas are more at risk of a downturn than others, according to a recent analysis of nearly 600 U.S. counties. Counties in states such as New Jersey, Illinois and California are the most exposed to housing market problems, with 33 […]

Texas economy

Fetterman leads Oz in Pennsylvania Senate poll, as economy tops list of important issues

NEWYou can now listen to Fox News articles! Lt. Gov. John Fetterman, D-Pa., is the top candidate in the Pennsylvania Senate race against Trump-endorsed Dr. Mehmet Oz, according to recent polls that indicate what voters think of the two dueling candidates. two months before November. election. A CBS News/YouGov survey suggests Oz is five percentage […]

Texas economy

University of Minnesota Startup Pipeline Helps Boost State’s Innovation Economy

There is a common trait between the metropolitan areas considered the main hubs of technology and innovation in the country: a university specializing in cutting-edge research is usually located in its center. In Silicon Valley, there is Stanford University and the University of California at Berkeley. In Austin, the University of Texas. Boston benefits from […]

Texas economy

2 Republican candidates from Georgia, two different visions of the economy | app

ATLANTA — U.S. Senate candidate Herschel Walker paints a bleak picture of the economy: runaway inflation, high taxes and wasteful government spending. But listen to Governor Brian Kemp and a very different picture emerges, one where jobs are being created and investment is thriving. It is common for candidates from competing parties to have differing […]

Texas markets

LandGate Launches PowerCapital, the Renewable Energy Solution for Capital Markets | Company

NEW YORK–(BUSINESS WIRE)–Sept. 14, 2022– LandGate Corp. launches sound Powerful rCapital Solutions on the heels of the Cut Inflation Act, offering capital markets professionals unique added value with the release of a robust suite of data and SaaS for capital markets: PowerMergers & Acquisitions, PowerMarketsand PowerNAV. This press release is multimedia. See the full version […]

Texas economy

How recent climate initiatives are boosting the US economy

Several landmark climate initiatives have been passed since 2021, pumping trillions into the US economy. Even though less than a month has passed since the Inflation Reduction Act was enacted, we are already seeing some of the powerful effects ripple through the economy. President Biden ran for office on the belief that climate change was […]

Texas economy

Possible railroad strike could hit Ohio’s economy hard

Gov. Mike DeWine’s office says it is monitoring the negotiations. DELAWARE COUNTY, Ohio — When it comes to railroad miles, Ohio ranks third in the nation, behind Illinois and Texas. On Friday, two railway unions representing more than 50,000 employees threatened to leave work. They say that quality of life is a major issue. “We […]

Texas markets

Industry update: Energy stocks tumble on Tuesday but significantly outperform broader markets

Energy stocks were down this afternoon, with the NYSE Energy Sector Index dropping 1.7% while the SPDR Energy Select Sector ETF (XLE) was down 2.0%. The Philadelphia Oil-Service Sector Index was down 4.1% and the Dow Jones US Utilities Index slipped 1.2%. West Texas Intermediate crude oil fell $2.01 to $85.77 a barrel, while North […]

Texas economy

Perryman: Literacy deficit is hurting Texas economy

Literacy is essential to many daily activities, and its importance to individual well-being can hardly be overstated. At a time of labor shortages, it is rapidly becoming an economic imperative. The Program for the International Assessment of Adult Competencies (PIAAC) defines five levels of proficiency. Adults who are “Below Level 1” can, at best, read […]

Texas capital

Texas Capital Bancshares (NASDAQ:TCBI) – Raymond James Maintains a Strong Buy Rating for Texas Capital Bancshares: Here’s What You Need to Know

Raymond James has decided to maintain its Strong Buy rating from Texas Capital Bancshares TCBI and increase its price target from $70.00 to $73.00. Shares of Texas Capital Bancshares are trading down 0.83% in the past 24 hours, at $60.81 per share. A move to $73.00 would represent a 20.05% increase over the current stock […]

Texas markets

Illinois cities round out bottom of list of top 300 U.S. housing markets

The Forest City ranks 294th on the country’s top 300 immovable markets, according to research by personal finance website WalletHub. In compiling the list, WalletHub looked at 17 key metrics, including median home price appreciation, median days on market, housing affordability, and market foreclosure rate. Rockford’s foreclosure rate was among the 20 highest in the […]

Texas economy

Defending massive loss to Texas economy, Abbott now says DPS was performing vehicle security checks, not looking for contraband or migrants

After saying for months that the Texas Department of Public Safety’s (DPS) border traffic inspection operation that stopped commercial vehicles in April was intended to catch shipments of fentanyl and migrants crossing illegally, the Gov. Greg Abbott now says he’s ordered the DPS to carry out the thorough inspections. for the general safety of the […]

Texas economy

Biden seeks to make the economy an electoral asset – if prices fall | app

President Joe Biden is trying to capitalize on a sudden flurry of positive economic news to turn the Democrats’ biggest political liability into an unlikely selling point for the election year. Falling gas prices, two major legislative victories and early signals that searing inflation may be easing spurred Democrats’ once unlikely bid to hold onto […]

Texas capital

Texas Capital Bancshares (NASDAQ:TCBI) – What 4 analyst ratings have to say about Texas Capital Bancshares

During the last quarter, Texas Capital Bancshares TCBI observed the following analyst notes: Bullish Rather bullish Indifferent a bit bearish Bearish Total ratings 2 0 1 1 0 last 30 days 0 […]

Texas markets

Saudi markets continue to climb as listed companies hit 246

NEW YORK: Oil prices rose on Monday, shaking weaker demand expectations as supply worries mount as winter approaches. Brent crude futures rose $1.51, or 1.6%, to $94.35 a barrel as of 12:42 p.m. EDT (4:42 p.m. GMT). U.S. West Texas Intermediate crude rose $1.28, or 1.5%, to $88.07. U.S. emergency oil stocks fell 8.4 million […]

Texas capital

Latest M&A: Texas Capital Sells Insurance Business for $3.4 Billion

Texas Capital Bancshares is selling its insurance premium finance subsidiary BankDirect Capital Finance to AFCO Credit Corporation, part of Truist. AFCO will support a loan portfolio of approximately $3.1 billion, Texas Capital said in a statement. The all-cash deal is worth $3.4 billion. Rob Holmes, CEO and Chairman of Texas Capital, said the sale was […]

Texas capital

Texas Capital Bancshares (NASDAQ:TCBI) PT raised to $62.00

Texas Capital Bancshares (NASDAQ:TCBI – Get Note) had its target price raised by the Royal Bank of Canada from $59.00 to $62.00 in a research report released Monday to clients and investors, reports The Fly. Royal Bank of Canada’s target price would suggest a potential upside of 2.01% from the stock’s previous close. TCBI has […]

Texas economy

China’s economy and EU energy scene will drive oil this week

Economic activity in China and the changing energy landscape in the European market could be the driving factors for oil markets this week, analysts said. Weakening economic conditions in major world economies last week overtook some of the supply concerns that followed the Organization of the Petroleum Exporting Countries’ decision to cut production in October. […]

Texas markets

Asian markets rally in early trading, building on US gains

Published on: 09/12/2022 – 05:20 Hong Kong (AFP) – Asian markets rallied in early trading on Monday, building on momentum from gains in the U.S. and Europe late last week, as investors heed expectations of further rises in interest rate to control inflation. Stocks in Japan, Australia, Singapore, Taiwan and Jakarta surged, while markets in […]

Texas economy

Workforce Solutions Alamo CEO Discusses Economy and Jobs

SAN ANTONIO – There has been a lot of talk about the economy, interest rates and jobs, but what impact are we seeing here in our community? Adrian Lopez, CEO of Alamo Workforce Solutions, joined Leading SA to explain the employment landscape and programs to find jobs. “Today, we are at around 4% unemployment. Before […]

Texas economy

Local economy boosted as Texas vs. Alabama game draws thousands

Tailgates were in Austin on Saturday, some as early as 7 a.m. Thousands of people celebrated just before the big game, bringing plenty of business downtown. AUSTIN, Texas — The Texas Longhorns took on the Alabama Crimson Tide on Saturday. This game attracted thousands of people from all over Texas and the country. “I live […]

Texas markets

Market update: Inventories rise for first time in three weeks; Upcoming Inflation Report

Stocks ended higher for the first time in three weeks, with the Morningstar US Market Index gaining 3.86%. All sectors closed higher for the week, with Consumer Discretionary and Basic Materials leading the advance. Energy stocks lagged after a volatile week due to lower oil and gas prices. The biggest winners are software vendors whose […]

Texas markets

Padilla Barcelona heads to international markets this month

There’s a new Padilla cigar called “Barcelona”, though oddly enough it won’t debut in Spain. Instead, the new line will ship to Germany and Latvia later this month before heading to other international markets. The reason for the name is that it is made at the Cósigna factory in Nicaragua, which is owned by Daniel […]

Texas markets

U.S. rig count drops by one as energy markets remain choppy

Kyra Buckley, Personal editor September 9, 2022 Two drilling rigs operate close to each other Thursday, July 7, 2022, near Odessa. Jon Shapley, Houston Chronicle/Team Photographer The country’s rig count was barely changed from a week ago as the energy market struggles to interpret the continuing effects of Russia’s war on Ukraine, an energy crisis […]

Texas markets

Bearish sentiment is building in oil markets

Bearish sentiment appears to be rife in oil markets, with OPEC+ production cuts and supply threats from Russia unable to significantly slow the fall in oil prices. Oil price alert: This month’s Intelligent Investor column, now available for Global Energy Alert members, compares two of the most promising Canadian oil stocks on the market. If […]

Texas markets

Cheba Hut brings its cannabis and deli theme to new markets | Franchise News

Cannabis-themed sandwich brand Cheba Hut opened its 50e location recently in Washington, marking the company’s continued growth outside of its Southwestern origins. Founded in 1998, Cheba Hut was born in Arizona, and in the years since the brand has grown there, into Colorado and New Mexico. Cheba Hut has overtaken this region in recent years, […]

Texas markets

Daily Markets: Markets Rise on Global Rate Hikes

The big picture today Asia-Pacific stock indices ended today’s session ahead as the Japanese Nikkei gained 0.53%, Australia’s ASX All Ordinaries rose 0.76%, China’s Shanghai Composite rose rose 0.82% and the Indian Sensex gained 2.31%. Hong Kong’s Hang Seng closed up 2.69% on a broad rally led by non-energy minerals and health-tech names. South Korean […]

Texas capital

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) Expected to Earn $1.21 Per Share in Q3 2022

Texas Capital Bancshares, Inc. (NASDAQ:TCBI – Get Rating) – Equity researchers DA Davidson cut their third-quarter 2022 earnings estimates for Texas Capital Bancshares shares in a research note released to investors Thursday, 8 september. DA Davidson analyst G. Tenner now expects the bank to post earnings per share of $1.21 for the quarter, down from […]

Texas economy

Governor Abbott talks about new jobs and economic growth at the PE

EL PASO, Texas (KTSM) – Governor Gregg Abbott held a press roundtable today at WestStar Bank in downtown El Paso. Governor Abbott spoke about the booming economy, growing businesses and new job opportunities. According to Abbott, a new Schneider electrical plant will create 400 new jobs in El Paso and says it will become the […]

Texas markets

GLOBAL MARKETS- Stocks and bond yields rise after ECB’s record rate hike, comments Powell

Global stocks and government bond yields rose on Thursday after the European Central Bank raised interest rates by a record 75 basis points and Federal Reserve Chairman Jerome Powell said that the US central bank was “strongly determined” to control inflation. The ECB also signaled further hikes to fight inflation, even as the bloc’s economy […]

Texas capital

BofA Securities downgrades Texas Capital Banc shares to underperform from neutral, adjusts price target to $55 from $57

Newswires MT 2022 All the news from TEXAS CAPITAL BANCSHARES, INC. TEXAS CAPITAL BANCSHARES, INC. Analyst Recommendations 2022 sales 965 million – – Net income 2022 172M – – Net debt 2022 – – – PER 2022 ratio 15.4x 2022 return – Capitalization 2,991 […]

Texas capital

Texas Capital Bancshares (NASDAQ:TCBI) rating downgraded to underperform Bank of America

Texas Capital Bancshares (NASDAQ:TCBI – Get Note) was downgraded by Bank of America research analysts from a “neutral” rating to an “underperforming” rating in a research note released Thursday to investors, reports The Fly. They currently have a price target of $55.00 on the bank’s stock. Bank of America’s price target points to a potential […]

Texas markets

Recession fears and supply issues in Europe weigh on North American natural gas markets ahead of winter

With a U.S. recession looking more likely in 2023 and uncertainty surrounding natural gas flows from Russia to Europe, natural gas markets could experience a bumpy ride heading into the shoulder and winter seasons. “Our baseline is that you will see a recession in 2023,” Macquarie Group Ltd chief economics officer David Doyle told NGI. […]

Texas capital

Baker Botts Ranks No. 1 in Texas Capital Markets Transactions for H1 2022 | New

HOUSTON, September 7, 2022 – The Texas Law Book ranked Baker Botts as the top legal counsel – both by number and deal value – for capital markets transactions conducted by Texas-based attorneys in the first half of 2022. According to the publication, Baker Botts led all law firms with 17 deals worth $10.5 billion […]

Texas capital

Stocks to watch: Texas Capital Bancshares sees RS rating rise to 87

Wednesday, Texas Capital Bancshares (TCBI) got an upgrade in its Relative Strength Rating (RS), from 78 to 87. When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. This proprietary rating identifies technical performance by showing how a stock’s price movement over the past 52 weeks […]

Texas markets

Asia-Pacific markets are trading lower; China’s trade data in August beats expectations

The yen could exceed 150, 160 in the “coming months”, says Jesper Koll The Japanese yen could weaken even further, Monex Group Director Jesper Koll told CNBC’s “Street Signs Asia.” “I think the parabolic overshoot is still on track, so I think we’re going to see 150, 160 at some point in the next two […]