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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 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

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

Wells Fargo to slash thousands of jobs

Wells Fargo announced it plans to cut up to 26,500 workers, about 10 percent of its workforce. The bank says it's streamlining operations, but some analysts disagree that's the primary reason for the cuts......»»

Category: topSource: moneycentralSep 21st, 2018

Wells Fargo Announces 10% Staff Cuts As CEO Struggles To Impress Analysts

As hopes for a steeper yield curve have lifted bank stocks, Wells Fargo CEO Tim Sloan is apparently trying to bolster Wells' lagging share price as the numerous scandals that have tarnished the banks credi.....»»

Category: blogSource: zerohedgeSep 21st, 2018

Wells Fargo CEO on rumors of his pending departure, job cuts and more

In an exclusive interview, Wells Fargo CEO Tim Sloan denied a report that the bank's board is seeking to replace him and explained why the company needs to reduce its headcount by as much as 10 percent in the next three years......»»

Category: topSource: bizjournalsSep 21st, 2018

Under Armour to cut 400 more jobs in turnaround push, shares rise

Under Armour Inc announced 400 job cuts on Thursday and raised its forecast for adjusted profit to the high-end of an earlier range, deepening cost-cuts in the face of rising competition from Nike and Adidas ......»»

Category: topSource: reutersSep 20th, 2018

Under Armour cuts 400 more jobs in turnaround push

Sportswear maker Under Armour Inc will cut about 400 jobs, or 3 percent of its global workforce, as part of efforts to cut costs in its struggle to compete with Nike and Germany's Adidas in North America......»»

Category: topSource: reutersSep 20th, 2018

Bank Stocks Are Getting a Lift From Higher Treasury Yields

Higher bond rates usually boost bank shares as their profit margins on loans expand......»»

Category: topSource: barronsSep 20th, 2018

America Movil cuts stake in KPN to 16 percent

Mexican telecommunications company America Movil has cut its stake in Dutch telecoms company KPN to slightly more than 16 percent, a filing at financial watchdog AFM showed......»»

Category: topSource: reutersSep 14th, 2018

Fed Should Raise Rates for the Next Year or Two, Brainard Says

Fed governor Lael Brainard said recent tax cuts and government-spending increases have likely created a need for higher interest rates, saying the central bank should continue gradually raising rates for the next year or two......»»

Category: smallbizSource: wsjSep 12th, 2018

Brink"s shares "highly attractive" despite estimate cuts, says Imperial Capital

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallSep 12th, 2018

Strong U.S. sales could ease profit worries into 2019

A healthy outlook for U.S. revenue growth stands to soothe stock investors worried about the effect on corporate profits from tax cuts wearing off next year......»»

Category: topSource: reutersSep 7th, 2018

EPAM Systems No Longer Attractive For Putting New Money To Work, BofA Says

EPAM Systems Inc (NYSE: EPAM) is a well-positioned IT Services vendor, but faces headwinds such as tougher comparison and adverse forex impact, according to an analyst at Bank of America Merrill Lynch. Latest Ratings.....»»

Category: blogSource: benzingaSep 4th, 2018