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AP News Summary at 1:43 p.m. ESTNissan and Honda talks progress to a MOU to battle the EV and Intelligent Vehicle challenge
LendingClub is a digital marketplace bank using data and analytics (over 150 billion data points collected) to improve its underwriting ability and overall profitability. Its growing customer base is comprised of high-income, high-credit-score consumers. And its business model, which focuses on loan fees and interest income, is proving to be resilient. LC’s third-quarter earnings for fiscal 2024 showed 8% revenue growth to more than $200 million. The company grew its loan originations by 6%, to $1.9 billion. That helped drive total asset growth, which was 25%, to more than $11 billion. LendingClub has also seen encouraging uptake of a new savings product, with over $500 million in deposits already. It’s no wonder LC shares are up 87% this year – and they could rise more. MAPsignals data shows how Big Money investors are betting heavily on the forward picture of the stock. Institutional volumes reveal plenty. In the last year, LC has enjoyed strong investor demand, which we believe to be institutional support. Each green bar signals unusually large volumes in LC shares. They reflect our proprietary inflow signal, pushing the stock higher: Plenty of financials names are under accumulation right now. But there’s a powerful fundamental story happening with LendingClub. Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, LC has had strong sales and earnings growth: 3-year sales growth rate (+38.5%) 3-year EPS growth rate (+645.3%) Source: FactSet Also, EPS is estimated to ramp higher this year by +85.3%. Now it makes sense why the stock has been powering to new heights. LC has a track record of strong financial performance. Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term. LendingClub has been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis. It’s made the rare Top 20 report multiple times in the last year. The blue bars below show when LC was a top pick...making share values jump: Tracking unusual volumes reveals the power of money flows. This is a trait that most outlier stocks exhibit...the best of the best. Big Money demand drives stocks upward. The LC rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio. Disclosure: the author holds no position in LC at the time of publication. If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level, learn more about the MAPsignals process here . This article was originally posted on FX Empire Trip.com Rises on Strong Demand, Big Money Big Money Joins the LendingClub USD/CAD’s Uptrend Could Continue Around the NFP Baltic States See Divergence in Their Macro-fiscal Outlooks Strength for the Dollar as the Fed Looks More Hawkish Capitulation Often Signals Big Gains Ahead
Ruud van Nistelrooy enjoyed a dream start to his reign as Leicester manager after a 3-1 win over West Ham, whose boss Julen Lopetugui is under increasing pressure. Van Nistelrooy has replaced Steve Cooper at the King Power Stadium and saw Jamie Vardy open the scoring after just 98 seconds. Bilal El Khannouss and Patson Daka added goals after the break to ensure the Dutchman started with three points in style. Starting with a win! 🤩 Delivered by @bcgame #LEIWHU pic.twitter.com/X90nFSbMLm — Leicester City (@LCFC) December 3, 2024 His task is to keep the Foxes in the Premier League this season and after ending a five-game winless run they moved up to 15th, four points clear of the relegation zone. West Ham’s hierarchy will have seen what impact a managerial change can have as the jury remains out on Lopetegui, with away fans making their feelings clear by chanting “You’re getting sacked in the morning”. Niclas Fullkrug scored a consolation goal at the death but it counted for nothing and forthcoming games against Wolves, Bournemouth, Brighton and Southampton could determine the Spaniard’s future. When Van Nistelrooy went to bed last night, even he would not have dreamt of his side starting as well as they did as they went ahead with less than two minutes on the clock. One of the Dutchman’s first conversations following his appointment was to take Vardy to task for breaking his record for scoring in the most consecutive Premier League games nine years ago. And the veteran striker rolled back to the years as, living on the shoulder of the West Ham defence, he raced clear from El Khannouss’ through-ball and slotted into the corner. The linesman’s flag immediately went up but a lengthy VAR review ruled Vardy had timed his run perfectly and the goal stood. Vardy could have added a second from a similar move but this time Lukasz Fabianski denied him. The Dutchman quickly learned about the frailties of his side as West Ham created a raft of chances in search of an equaliser. Jarrod Bowen forced Mads Hermansen into a stretching save when he cut in from the right before Ings’ header crashed into the post and Max Kilman slipped at the crucial point from the rebound. Bowen, a constant threat, sent a ball across face of goal which evaded everyone before the England international was denied by a reflex save from the busy Hermansen. The Danish goalkeeper needed to be alert to tip over Mohammed Kudus’ deflected effort early in the second half before he was saved by the referee’s whistle after after his attempted punch went into his own goal, Tomas Soucek the man penalised. Leicester remained a threat on the counter-attack and that is how they doubled their lead just after the hour. Kasey McAteer was set clear down the left and his ball inside was perfect for El Khannouss to find the bottom corner from 15 yards. It was almost three as Fabianski produced an acrobatic save from Wilfred Ndidi’s header before Leicester needed a heroic piece of defending to keep their 2-0 lead intact. Crysencio Summerville bundled the ball goalwards and it was heading over the line until Conor Coady adjusted his feet and poked it clear. The Foxes, who also had a goal from substitute Bobby De Cordova-Reid chalked off by VAR, wrapped things up in the 90th minute when Daka broke clear and emphatically converted into the roof of the net. West Ham did get on the scoresheet when Fullkrug headed a corner home, but the game was already done.Ruben Amorim issues storm warning after smooth start with Manchester UnitedHill Country Animal League Kicks Off 'Santa Paws' on Giving Tuesday to Support Affordable Pet Care
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