On The Money: New director takes helm at troubled consumer agency | Trump’s economy teetering on trade tensions, volatile markets | Brexit crisis deepens | House report scolds Equifax over breach

Happy Monday and welcome back to On The Money. I’m Sylvan Lane, and here’s your nightly guide to everything affecting your bills, bank account and bottom line.

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THE BIG DEAL–Consumer agency gets new chief at crucial moment: Kathy Kraninger is taking control of the Consumer Financial Protection Bureau (CFPB) at a pivotal moment for the powerful financial […] Read more

Brokerages Anticipate Equifax Inc. (EFX) to Post $1.33 EPS

Equities research analysts expect Equifax Inc. (NYSE:EFX) to announce earnings per share (EPS) of $1.33 for the current quarter, Zacks reports. Seven analysts have provided estimates for Equifax’s earnings, with estimates ranging from $1.31 to $1.34. Equifax reported earnings of $1.39 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 4.3%. The business is scheduled to announce its next earnings results on Thursday, March 7th.

According to Zacks, analysts expect that Equifax will report full year earnings of $5.73 per share for the current financial year, with EPS estimates ranging from $5.71 to […] Read more

$840.79 Million in Sales Expected for Equifax Inc. (EFX) This Quarter

Wall Street analysts predict that Equifax Inc. (NYSE:EFX) will post sales of $840.79 million for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have made estimates for Equifax’s earnings, with the highest sales estimate coming in at $843.22 million and the lowest estimate coming in at $835.57 million. Equifax posted sales of $838.50 million during the same quarter last year, which suggests a positive year over year growth rate of 0.3%. The firm is scheduled to announce its next quarterly earnings report on Thursday, March 7th.

According to Zacks, analysts expect that Equifax will report full year sales […] Read more

Iridian Asset Management Has Boosted Equifax (EFX) Holding by $1.19 Million as Shares Rose; As Vera Bradley (VRA) Share Value Rose, Shareholder Mackay Shields Has Lifted Its Stake – The DMinute

Mackay Shields Llc increased its stake in Vera Bradley Inc (VRA) by 650.91% based on its latest 2018Q2 regulatory filing with the SEC. Mackay Shields Llc bought 71,600 shares as the company’s stock rose 18.92% with the market. The institutional investor held 82,600 shares of the consumer non-durables company at the end of 2018Q2, valued at $1.16 million, up from 11,000 at the end of the previous reported quarter. Mackay Shields Llc who had been investing in Vera Bradley Inc for a number of months, seems to be bullish on the $353.32M market cap company. The stock decreased 1.66% or […] Read more

New Freddie Mac Student Loan Guidelines Could Make It Easier to Qualify for a Mortgage – ZING Blog by Quicken Loans

Inflation is a fact of life. I’m sure our grandparents didn’t expect to pay $0.50 for a gallon of gas forever. Still, the cost of some things seems to be rising faster than others. College tuition is one of those things.

Student loan debt is up 302% since 2004, because of the rising costs of getting a degree, according to ValuePenguin. The average student loan debt is $32,731, according to the most recent available data. The median debt isn’t as bad, at $17,000, but it’s still enough that some young people have delayed getting a place of their own.

Freddie Mac, one […] Read more

Equifax Inc. (EFX) Near Bearish Double Bottom Pattern At $97.67

Big Money Sentiment increased to 1.01 in Q2 2018. It has change of 0.14, from 2018Q1’s 0.87. The ratio improved due to Equifax Inc. positioning: 29 sold and 145 reduced. 61 funds bought positions and 115 increased positions. Investors holded 102.64 million in 2018Q1 but now own 104.97 million shares or 2.27% more.Price T Rowe Assocs Md holds 13.43M shs or 0.26% of its capital. 43,672 were reported by First Eagle Inv Lc. Nuwave Inv Mgmt Llc reported 0% in Equifax Inc. (NYSE:EFX). Columbus Hill Cap Mgmt L P reported 150,824 shs. Puzo Michael J invested 0.1% of its capital […] Read more

Equifax Inc. (EFX) move of -0.96% on Friday and 3-months average volume stands at 1439.34 shares and Sea Limited (SE) 24 hours volume stands at 1197972 shares while one year high of -29.61%

Equifax Inc. (EFX)’s closed at $99.36 with move of -0.96% on Friday. Investors of this company earned a return of 6.20% on the assets it owns in past twelve month. The company generated a return on equity (ROE) of 13.90%. A high ROE indicates successfully earning more assets and value for its shareholders off its reinvested earnings. A low ROE warns that the company is not generating a good return on its reinvested earnings. The stock has a market capitalization of $12096.09, a price-to-earnings ratio of 30.28 and a beta of 1.10. EFX has a 1 year low of 9.75% […] Read more

IT leaders spend 10% more money improving customer experience than security

IT decision makers are allocating 10% more funding toward improving customer experience than to security measures, according to an Equifax survey released on Monday.

From a sales standpoint, this finding can be easily understood. Often, particularly in sales environments, IT departments are incorrectly seen as money-burning rather than value-adding groups. This causes trepidation for IT departments insisting on new data and user security measures, that, if detrimental to customer experience, can decrease sales.

According to the report, cost, effort, time to implement, and staff resources are the primary encumbrances cited by respondents to implementing new fraud detection and prevention […] Read more

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Has $33.81 Million Holdings in Equifax Inc. (EFX)

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp reduced its position in Equifax Inc. (NYSE:EFX) by 3.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 258,946 shares of the credit services provider’s stock after selling 9,678 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp owned 0.21% of Equifax worth $33,811,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of EFX. Enterprise Financial Services Corp bought a new position in shares of Equifax during the […] Read more