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Wall Street"s five-day rally falters ahead of earnings

U.S. stocks edged about 0.4 percent lower on Friday as investors booked profits after a five-day rally and reset positions ahead of the earning season, which will begin with big Wall Street banks next week......»»

Category: topSource: reutersJan 11th, 2019

UBS Tumbles On "Very Poor" Results As Clients Pull $13 Billion

The parade of weak bank earnings continued on Tuesday when UBS, one of the first major European banks to report, announced that it had missed analysts' profit estimates (though it did record a rise in full-year profits) due to outf.....»»

Category: blogSource: zerohedgeJan 22nd, 2019

Earnings Watch: With earnings on track for best growth in more than a decade, here come Uber, Lyft and the vaccine makers

After Big Tech reported record pandemic profits last week, corporate earnings are on track for their best performance in more than a decade, but now a new generation of tech companies with their own regulatory issues will take the stage......»»

Category: topSource: marketwatchMay 3rd, 2021

Berkshire Hathaway Posts Strong First-Quarter Operating Earnings of $7 Billion

In the first quarter, Berkshire Hathaway saw strong profits and repurchased $6.6 billion of its shares. read more.....»»

Category: blogSource: benzingaMay 1st, 2021

UPS still profiting off pandemic package surge

UPS posted earnings of $4.79 billion, or $5.47 per share. Per-share profits with one time gains or losses remove.....»»

Category: topSource: chicagotribuneApr 27th, 2021

Have Chinese State Banks Quietly Bought $180 Billion In Gold?

Have Chinese State Banks Quietly Bought $180 Billion In Gold? By Ye Xie, Bloomberg Live commentator and author Three things we learned last week: 1.....»»

Category: personnelSource: nytApr 18th, 2021

Wells Fargo earnings jump as economy bounces back

Wells Fargo's sevenfold rise in profits came during what is shaping up to be an economic resurgence. That has prompted banks to release some of the money they stowed away last year to protect against soured loans, which has boosted their bottom lines......»»

Category: topSource: foxnewsApr 14th, 2021

Market Snapshot: Dow, S&P 500 snap 3-session win streak as investors focus on earnings week, banks and risk taking

U.S. stocks finish modestly lower Monday, as investors gear up to hear from the nation's largest banks, including JPMorgan Chase and Goldman, which kick off first-quarter earnings this week......»»

Category: topSource: marketwatchApr 12th, 2021

Market Snapshot: Dow, S&P 500 ease back from records with earnings week, banks and risk taking in focus

U.S. stocks are slightly lower Monday afternoon as investors gear up to hear from the nation's largest banks, including JPMorgan Chase & Co. and Goldman Sachs Group, which kick off first-quarter earnings this week......»»

Category: topSource: marketwatchApr 12th, 2021

Red-Hot Banks Report Earnings This Week: 4 Stocks to Buy Before They Do

It is likely the top large-cap financials will post solid earnings numbers. These top money center bank stocks look very attractive and make sense for growth stock investors looking for a dividend........»»

Category: blogSource: 247wallstApr 12th, 2021

Stocks trading lower ahead of first quarter bank earnings report release

U.S. equity futures traded lower as first-quarter earnings season kicks off unofficially this week when many of the big banks post their January-through-March results......»»

Category: topSource: foxnewsApr 12th, 2021

NewsWatch: The S&P 500 is on track for surprise earnings growth, and Disney waits on deck

Sizable earnings beats from Big Tech and the big banks are likely to drive a surprise lift in corporate profits this earnings season......»»

Category: topSource: marketwatchFeb 7th, 2021

Earnings Watch: The S&P 500 is on track for surprise earnings growth, and Disney waits on deck

Sizable earnings beats from Big Tech and the big banks are likely to drive a surprise lift in corporate profits this earnings season......»»

Category: topSource: marketwatchFeb 7th, 2021

Robinhood raised $1 billion in emergency funds from investors this week as the platform struggles with a surge in trading, NYT report says

Earlier Thursday, the firm also borrowed "several hundred million dollars" from banks as it struggles with the trading frenzy. Robinhood CEO Vlad Tenev said Thursday that the company did not have liquidity issues. Rafael Henrique/SOPA Im.....»»

Category: topSource: businessinsiderJan 29th, 2021

Key Events This Busy Week: Biden, Central Banks, PMIs And Earnings

Key Events This Busy Week: Biden, Central Banks, PMIs And Earnings With the US closed for MLK day, it will be a quiet start to the week. After the lull today, the week ahead is a busy one with Biden’s inauguration on Wednesday an.....»»

Category: personnelSource: nytJan 18th, 2021

Market Snapshot: U.S. stocks close lower for the week after release of big bank quarterly results, Biden aid plan

Stocks lost ground Friday after President-elect Joe Biden announced a $1.9 trillion COVID-19 relief plan and investors assessed the kickoff of earnings season following results from a trio of big banks......»»

Category: topSource: marketwatchJan 15th, 2021

US bank stocks surge after Fed clears way for up to $11 billion of buybacks

The Fed said Friday that banks can resume buybacks in 2021 so long as they don't exceed the average quarterly profits from the past four quarters. Brendan Mc.....»»

Category: topSource: businessinsiderDec 21st, 2020

Compeq 1Q20 net profits shoot up 196%

Taiwan-based PCB maker Compeq Manufacturing has announced its first-quarter net earnings shot up 195.74% on year to NT$929 million (US$31.13 million) on revenues of NT$12.09 billion, with gross margins increasing 8.52pp to 18.86%......»»

Category: topSource: digitimesMay 11th, 2020

Disney takes $1.4 billion coronavirus hit, sets date to reopen Shanghai park

Walt Disney Co estimated global coronavirus lockdowns cut profits by $1.4 billion, mostly from its shuttered theme parks, but said it would reopen Shanghai Disneyland next week......»»

Category: topSource: reutersMay 5th, 2020

Amazon sees $83 billion in market cap erased after quarterly profits shrink (AMZN)

Saul Loeb/Getty Images Amazon reported first-quarter earnings Thursday that miss.....»»

Category: topSource: businessinsiderMay 1st, 2020