Keefe, Bruyette & Woods Downgrades Lending Club (LC) to Underperform
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Jim Chanos said he was short LendingClub (LC) shares - Bloomberg
May 12, 2016 3:54 PM EDTJim Chanos said he was short LendingClub (NYSE: LC) shares - Bloomberg
... MoreGuggenheim Downgrades Lending Club (LC) to Neutral
May 10, 2016 7:59 AM EDTGuggenheim downgraded Lending Club (NYSE: LC) from Buy to Neutral.
For an analyst ratings summary and ratings history on Lending Club click here. For more ratings news on Lending Club click here.
Shares of Lending Club closed at $4.62 yesterday.
... MoreSEC enforcement division said to review LendingClub (LC) disclosures - Bloomberg
May 9, 2016 4:00 PM EDTSEC enforcement division said to review LendingClub (NYSE: LC) disclosures, according to Bloomberg.
... MoreLendingClub (LC) Reports In-Line Q1 EPS; Chair, CEO Laplanche Resigns
May 9, 2016 7:10 AM EDTLendingClub (NYSE: LC) reported Q1 EPS of $0.05, in-line with the analyst estimate of $0.05. Revenue for the quarter came in at $151.3 million versus the consensus estimate of $148.2 million.
Lending Club today also reported that on May 6, 2016, the board of directors accepted the resignation of Renaud Laplanche as Chairman and CEO. His resignation followed an internal review of sales of $22 million in near-prime loans to a single investor, in contravention of the investor's express instructions as to a non-credit and non-pricing element, in March and April 2016.
Scott Sanborn will continue in his role of... More
