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BTIG Weighs LendingClub CFO Exit, Adjusted EBITDA Outlook Against Promising Loan Origination Growth
Tuesday, August 9, 2016 - 10:54am | 336Read More...Mark Palmer of BTIG remains bullish on LendingClub Corp's (NYSE: LC) outlook following the company's second quarter results. In a report published following LendingClub's results, the analyst stated the earnings print served as a "damage assessment for investors" following...
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Goldman Sachs Expecting A Recovery In LendingClub Loan Demand Over Time
Tuesday, August 9, 2016 - 9:32am | 331Read More...LendingClub Corp (NYSE: LC) reported second quarter results in which the company lost $0.09 per share on revenue of $102.4 million. Wall Street analysts were expecting the company to lose $0.02 per share on revenue of $100.51 million. Lendingclub also said its loan origination in the quarter...
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Lending Club's Terrible, Horrible, No Good, Very Bad Year Continues With Borrower Credit Concerns
Tuesday, July 12, 2016 - 9:41am | 284Read More...LendingClub Corp (NYSE: LC) has been plagued with what seems like a never-ending stream of bad news reports. Back in May, LendingClub's CEO Renaud Laplanche was ousted following an interview review by the board of directors that may have found wrongdoing in the sale of $22 million of new prime...
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Stone Ridge Loan Purchase Gives The Market A Shot Of Confidence In LendingClub
Wednesday, June 29, 2016 - 12:27pm | 242Read More...Stone Ridge Asset Management is eyeing a purchase of $1 billion worth of loans from LendingClub Corp (NYSE: LC). Bloomberg, citing "a person with knowledge of the matter," noted Stone Ridge's large purchase could help restore confidence in LendingClub's business among...
