John Dorfman
Bloomberg News
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You might think, in the aftermath of Tesla and GameStop’s huge recent gains, that momentum investing has gone crazy.
Maybe so, but momentum stocks were popular even before the Reddit “Wall Street Bets” frenzy. There have always been folks who like to jump onto a speeding train, but they have had more success lately than usual.
According to Standard & Poor’s, momentum stocks surged 28.3% in 2020. Value stocks, the beleaguered school of investing to which I belong, inched up 1.4%.
Earnings Scheduled For January 26, 2021
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
First Citizens: 4Q Earnings Snapshot
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Broadway Financial Corporation (NASDAQ: BYFC)
concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with CFBanc Corporation. Under the terms of the merger agreement, CFBanc common shareholders will receive 13.626 shares of Broadway Financial common stock for each share of CFBanc common stock they own.
If you are a Broadway shareholder,
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CIT Group Inc. (NYSE: CIT) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to First Citizens BancShares, Inc. Under the terms of the merger agreement, CIT shareholders will receive 0.0620 shares of First Citizens class A common stock for each share of CIT common stock they own.