First Merchants (NASDAQ:FRME – Free Report) had its target price upped by Piper Sandler from $41.00 to $42.50 in a research report sent to investors on Monday morning, Benzinga reports. The brokerage currently has an overweight rating on the bank’s stock. A number of other analysts have also weighed in on the company. StockNews.com lowered […]
Not all, but many, capital markets folks spent their college years rolling up their sleeves. Some not so much. When originators are asked about interest rates, some LOs may use the line in the clip above: “Oh, man. I only ride them; I don't know what makes them work.” (The current STRATMOR blog is titled, “Relying on the Fed: How Did This Happen?”) Yesterday the Federal Reserve Open Market Committee (FOMC) grabbed the headlines, despite doing exactly what everybody expected them to do: leave rates unchanged. Inflation is still higher than the FOMC would like. Certainly, insurance costs, whether they be homeowner or car, are inflationary. It would be foolish to blame the Biden Administration, or any administration, for things like insurance costs, ships running aground in the Suez Canal, a drought in Africa, or what OPEC does. Such is life, and one needs to ask how much more government interference we need or want. In my opinion, a president consultin
Marcus Williams, a five-year starter for the Ohio State Buckeyes football team, is being held on a $50,000 bond after being indicted in connection with nine bank robberies, prosecutors said.