How to stop the business loan program from benefiting the rich [MSNBC.com]
Stifel Financial Corporation (SF)
Last stifel financial corporation earnings: 7/30 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
stifel.com/investor-relations
Company Research
Source: MSNBC.com
When the Small Administration’s $350 billion loan programran out of moneyWith hundreds of thousands of businesses in distress, the demand for the forgivable loans was overwhelming. Employers who kept their full staff on the payroll for eight weeks didn’t have to pay the money back. As Dallas Mavericks owner Marc Cuban said, “it’s free money!”The rules for qualifying for the loans, though, were so loose that the program was opened up to many businesses and people who were not the intended recipients, which is one of the reasons the program hit its ceiling so fast. It has become a huge benefit for private clubs, law firms, investment managers, and accounting firms that have the resources to complete their applications quickly. Some wealthy individuals have set up LLCs (limited liability companies), which technically qualify for the loans, and put their yachts and planes and personal staffs in the companies in order to qualify.But it’s been much more difficult for small and struggling s
Show less
Read more
Impact Snapshot
Event Time:
SF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SF alerts
High impacting Stifel Financial Corporation news events
Weekly update
A roundup of the hottest topics
SF
News
- Inflation data could force Fed's hand on rate hikes: Economist [Yahoo! Finance]Yahoo! Finance
- New inflation reading reinforces Fed's higher-for-longer stance [Yahoo! Finance]Yahoo! Finance
- Transaction in Own Shares [Yahoo! Finance]Yahoo! Finance
- Stifel Financial Corp. (NYSE:SF) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery [MSNBC.com]MSNBC.com
SF
Earnings
- 4/24/24 - Miss
SF
Sec Filings
- 4/26/24 - Form DEF
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form ARS
- SF's page on the SEC website