Category: Money

Top Seven

Nvidia Corp. NVDA, +0.20% were up 81% for 2020

Here they are, sorted by how much the stocks have returned this year through Nov. 18:

COMPANYTOTAL RETURN — 2020 THROUGH NOV. 19
SunRun Inc. RUN, -1.79%311%
Etsy Inc. ETSY, +10.65%187%
Penn National Gaming Inc. PENN, +1.25%163%
Boston Beer Co. Class A SAM, -0.19%143%
Nvidia Corp. NVDA, +0.20%129%
Green Dot Corp. Class A GDOT, -1.65%124%
Generac Holdings Inc. GNRC, +2.25%111%
Source: FactSet

BlackRock Inc

BlackRock, Inc. (BlackRock) is an investment management company. BlackRock provides a range of investment and risk management services to institutional and retail clients worldwide. Its diverse platform of active (alpha) and index (beta) investment strategies across asset classes enables the Company to tailor investment outcomes and asset allocation solutions for clients.

Its product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives and money market instruments. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds (ETFs), separate accounts, collective investment funds and other pooled investment vehicles. It offers its Aladdin investment system, as well as risk management, outsourcing, advisory and technology services, to institutional investors and wealth management intermediaries under the BlackRock Solutions name.

First Citizens BancShares, Inc. [FCNCA]

First Citizens BancShares (NASDAQ:FCNCA) to merge with CIT Group (NYSE:CIT) in an all-stock merger of equals to create the 19th largest bank in the United States based on assets. $100 Billion Deal

First Citizens BancShares (NASDAQ:FCNCA) to merge with CIT Group (NYSE:CIT) in an all-stock merger of equals to create the 19th largest bank in the United States based on assets.

Under the terms of the definitive merger agreement, which was unanimously approved by the Boards of Directors of both companies, CIT stockholders will receive 0.0620 shares of First Citizens class A common stock for each share of CIT common stock they own. First Citizens stockholders will own approximately 61% and CIT stockholders will own approximately 39% of the combined company.

The combined company will operate under the First Citizens name and will trade under the First Citizens ticker symbol FCNCA on the Nasdaq stock market. The combined company will be headquartered in Raleigh, N.C., and will maintain significant operation centers in New York, Pasadena, Omaha, Phoenix, Jacksonville, Fla., New Jersey and Columbia, S.C., among other locations.

Elon Musk and a former US labor secretary

Too Rich ? Never

  • Elon Musk and Robert Reich, a former US labor secretary, got into it on Twitter.
  • Reich accused the billionaire of being a “modern day robber baron” for cutting worker pay during the pandemic while his own wealth surged.
  • Musk countered that all Tesla workers had stock too, calling Reich a “modern day moron.”
  • It’s not the first time Musk has been sensitive to attacks on his wealth, which sits around $90 billion.

Citigroup Inc. (C)

Citigroup, Inc. is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Global Consumer Banking; Institutional Clients Group; and Corporate and Other. The Global Consumer Banking segment provides traditional banking services to retail customers through retail banking, including commercial banking, and Citi-branded cards and Citi retail services. The Institutional Clients Group segment provides corporate, institutional, public sector and high-net-worth clients around the world with a full range of wholesale banking products and services.

This segment includes fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance and securities services. The Corporate and Other segment includes certain unallocated costs of global staff functions, other corporate expenses and unallocated global operations and technology expenses, Corporate Treasury, certain North America and international legacy consumer loan portfolios, other legacy assets and discontinued operations. The company was founded in 1812 and is headquartered in New York, NY. 

Goldman Sachs Group Inc (GS)


Goldman Sachs Group, Inc. engages in global investment banking, securities, and investment management, which provides financial services. It operates through the following business segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. The Investment Banking segment serves public and private sector clients around the world and provides financial advisory services, help companies raise capital to strengthen and grow their businesses and provide financing to corporate clients.

The Global Markets segment serves its clients who buy and sell financial products, funding and manage risk. The Asset Management segment provides investment services to help clients preserve and grow their financial assets. The Consumer & Wealth Management segment helps clients to achieve their individual financial goals by providing a wealth advisory and banking services. The company was founded by Marcus Goldman in 1869 and is headquartered in New York, NY.