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

For the first time in nearly five years, Bank of America Corp did not rely on cost cuts to amplify profits – the latest sign of big U.S. banks prioritizing investments in their businesses over short-term gains......»»

Square Inc (NYSE: SQ) has taken a pounding in recent weeks and is now down 32% overall in the past year. Despite some impressive growth potential, one analyst said Wednesday slowing revenue trends and rising competition are keepin.....»»

Bank of America has cut its forecast for U.S. steel prices and dialed back its earnings expectations for American steel sto.....»»

Xerox Corp posted a better-than-expected quarterly profit on Tuesday, but cut its full-year revenue forecast citing organizational changes, primarily in North America......»»

The Fed is expected to announce three rate cuts through 2020, which could result in decelerating EPS growth at Regions Financial Corp (NYSE: RF), according to Bank of America Mer.....»»

The move comes as corporate giants wrestle with whether to cash in on business opportunities tied to President Trump’s immigration policies or to distance themselves amid increasing public pressure......»»

Bank of America CEO Brian Moynihan tells Fox Business NetworkR.....»»

Lowe's Cos Inc cut its full-year profit forecast and reported disappointing first-quarter earnings on Wednesday, as higher costs and a push to catch up with larger rival Home Depot dented margins, sending its shares down 9%......»»

Home improvement chain Lowe's Cos Inc cut its full-year profit forecast on Wednesday and reported disappointing first-quarter earnings, hurt by higher costs that dented margins, sending its shares down 8%......»»

Whole Foods is still the most expensive place to grocery shop despite parent company Amazon making multiple price cuts since purchasing the chain, according to a new study by Bank of America Merrill Lynch. Amazon announced the latest price reductions a.....»»

Whole Foods Market is still the most expensive mainstream chain for grocery shopping despite parent company Amazon.com Inc. making multiple price cuts since purchasing the chain in 2017, according to a new study by Bank of America Merrill Lynch. Amazon .....»»

Ericsson posted a first-quarter profit on Wednesday that swept past forecasts due to strong growth in North America and cost cuts, spurring the telecom equipment maker to boost its full-year outlook for the global networks market......»»

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

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

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’.....»»

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,.....»»

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......»»

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......»»

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......»»

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......»»