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Bank Of America: Attractive Profit Margins, Tax Cuts Or No Tax Cuts

Bank Of America: Attractive Profit Margins, Tax Cuts Or No Tax Cuts.....»»

Category: topSource: seekingalphaJul 11th, 2018

Bank of America profit beats estimates on cost cuts, loan growth

Bank of America Corp reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender reined in costs, while higher interest rates and loan growth helped offset lower bond trading revenue......»»

Category: topSource: moneycentralOct 15th, 2018

Bank of America profit beats estimates on cost cuts, loan growth

Bank of America Corp reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender reined in costs, while higher interest rates and loan growth helped offset lower bond trading revenue......»»

Category: topSource: moneycentralOct 15th, 2018

Bank of America profit beats on lower costs, loan growth

Bank of America Corp reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender benefited from cost cuts, while higher interest rates and loan growth helped offset weaker bond trading revenue......»»

Category: topSource: reutersOct 15th, 2018

Bank of America profit rises 35% on tax cuts, loan growth

Net income applicable to common shareholders rose to $6.7 billion, or 66 cents per share, in the third quarter ended Sept. 30 from $4.96 billion, or 46 cents per share, a year earlier......»»

Category: topSource: foxnewsOct 15th, 2018

Bank of America hauls in biggest profit ever

Bank of America is minting money thanks to tax cuts, turbulent markets and the stronger economy......»»

Category: topSource: cnnApr 16th, 2018

BofA will give special bonuses to staff for second straight year

Bank of America Corp. said it plans to award special bonuses similar to the ones it gave after last year’s corporate tax cuts......»»

Category: topSource: moneycentralOct 29th, 2018

Wells Fargo profit rises, cost cuts paying off

Wells Fargo & Co posted a 32 percent jump in quarterly profit on Friday, as the bank gave out more personal and automobile loans, and made headway in its cost-cutting plan......»»

Category: topSource: reutersOct 12th, 2018

Kellogg margins hurt by cuts to snack prices, higher costs

Kellogg Co reported lower-than-expected quarterly profit margins on Thursday as the cereal maker spent more on marketing and transportation and had to cut prices on snack foods after it stopped distributing them directly to U.S. retailers......»»

Category: topSource: reutersAug 2nd, 2018

Boeing stock slumps as company cuts key full-year forecast

Boeing reported a better-than-expected profit Wednesday, but cut its full-year forecast for margins in its defense business, citing higher costs in the KC-46 aerial refueling tanker program......»»

Category: topSource: moneycentralJul 25th, 2018

Boeing stock slumps as company cuts key full-year forecast

Boeing reported a better-than-expected profit Wednesday, but cut its full-year forecast for margins in its defense business, citing higher costs in the KC-46 aerial refueling tanker program......»»

Category: topSource: moneycentralJul 25th, 2018

Walmart"s first quarter margins under pressure, e-commerce rebounds

NEW YORK (Reuters) - Walmart Inc on Thursday said profit margins during the first quarter remained under pressure due to price cuts and higher freight costs, weighing on its shares even as sales and earnings came in stronger than expected......»»

Category: topSource: reutersMay 17th, 2018

David Dreman Cuts Amgen, JPMorgan, Bank of America

Guru's largest sales of the 1st quarterCheck out David Dreman Stock Picks » Download GuruFolio Report of David Dreman (Updated on 05/06/2018)Related Stocks: AMGN, CAA, SNI, JPM, TWO, KEY, BAC,.....»»

Category: personnelSource: nytMay 7th, 2018

Deutsche Bank profit plummets 79%

Deutsche Bank is retreating from Wall Street and making "painful" jobs cuts in its investment bank after reporting a slump in profits......»»

Category: topSource: cnnApr 26th, 2018

Deutsche Bank bank profit plummets 79%

Deutsche Bank is retreating from Wall Street and making "painful" jobs cuts in its investment bank after reporting a slump in profits......»»

Category: topSource: cnnApr 26th, 2018

The Big Banks Are Reporting Record Profits Thanks in Part to President Trump’s Tax Cuts

J.P. Morgan and Bank of America both reported record first-quarter profits. America’s biggest banks are reporting record profits - thanks to a roaring economy and President Donald Trump’s tax cuts. Here’.....»»

Category: europeSource: fortuneApr 17th, 2018

J.C. Penney cuts sales forecast after poor third quarter, shares dive

J.C. Penney Co Inc cut its forecast for annual sales on Thursday while also withdrawing its outlook for full-year earnings, adding to nerves over the future of another one of America's best known retail names......»»

Category: topSource: reutersNov 15th, 2018

Starbucks cuts 5 percent of its corporate workers

Starbucks, on a mission to boost profit and appease apprehensive investors, is dismissing about 5 percent of its non-restaurant workers......»»

Category: topSource: moneycentralNov 13th, 2018

Starbucks cuts 5 percent of its corporate workers

Starbucks, on a mission to boost profit and appease apprehensive investors, is dismissing about 5 percent of its non-restaurant workers......»»

Category: topSource: moneycentralNov 13th, 2018

SWIFT Cuts Off Iran Central Bank As Tehran Sells 700,000 Barrels To Anonymous Direct Buyers

As reported last week, shortly after SWIFT caved to US pressure and defied the EU announcing it would cut off a selection of Iranian banks, on Monday, the US Treasu.....»»

Category: blogSource: zerohedgeNov 12th, 2018

Apple shares drop after iPhone supplier Lumentum cuts forecast

Apple Inc shares fell to their lowest in more than three months on Monday as the main supplier for its Face ID technology, Lumentum Holdings Inc , slashed revenue and profit forecasts, citing reduced orders from a major customer......»»

Category: topSource: reutersNov 12th, 2018