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Bank of America Q3 FICC revenue fell 22%, equities increased 2%

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchOct 13th, 2017

Wells Fargo misses on revenue, BofA"s profit up

Wells Fargo's profit declined and revenue fell, but Bank of America produced an increase in profit. Fred Katayama reports......»»

Category: videoSource: reutersOct 13th, 2017

BofA Beats Despite 22% Plunge in FICC Revenue, Credit Loss Provision Jumps 15%

Mirroring the pattern set by JPM and Citi yesterday, Bank of America reported revenue and earnings that modestly beat expectations, with Q3 revenue of $21.8BN and $22.1BN on an adjusted, FTE basis,.....»»

Category: blogSource: zerohedgeOct 13th, 2017

Bank of America Q3 sales and trading revenue fell 13% to $3.1 bln

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchOct 13th, 2017

BofA Beats Despite 14% Slump In FICC Revenue; Interest Income Unexpectedly Declines

Echoing the trend set by JPM and Wells Fargo last Friday, moments ago Bank of America reported revenue and earnings that modestly beat expectations, with Q2 revenue of $22.8bn, above the $21.8bn expected, generating net income of $.....»»

Category: blogSource: zerohedgeJul 18th, 2017

Wall Street falls as bank stocks skid, oil dips

(Reuters) - U.S. stocks were down on Wednesday as financials tumbled after JPMorgan and Bank of America hinted at revenue weakness in the current quarter and oil prices fell to a three-week low......»»

Category: topSource: reutersMay 31st, 2017

Wall Street falls as bank stocks weigh

(Reuters) - U.S. stocks were down on Wednesday as financial stocks fell after JPMorgan and Bank of America hinted at revenue weakness in the current quarter......»»

Category: topSource: reutersMay 31st, 2017

Profits soar at JPMorgan, B of A

A surge in trading revenue pumped up quarterly profit at JPMorgan Chase and Bank of America, but earnings fell at scandal-plagued Wells Fargo. Fred Katayama reports......»»

Category: videoSource: reutersJan 13th, 2017

Equities trading stings Wall Street banks as investors embrace bonds

In earnings reports over the past several days, Bank of America and Citigroup saw massive slides in equities trading revenue, while Goldman Sachs Group Inc and JPMorgan Chase & Co posted small increases. The downturn appears to be a short-term blip relate.....»»

Category: topSource: yahooOct 18th, 2016

Earnings Scheduled For October 13, 2017

Companies Reporting Before The Bell Bank of America Corp (NYSE: BAC) is expected to report quarterly earnings at $0.46 per share on revenue of $22.07 billion. read more.....»»

Category: blogSource: benzingaOct 13th, 2017

FedWatch Tool Shows Growing Probability of a Fed December Rate Hike

The chances of an interest rate hike announcement in December have increased in recent days, according to a new Bank of America report published ahead o.....»»

Category: topSource: marketpulseSep 18th, 2017

Should Shareholders Worry About Bank of America"s Trading Revenue?

The bank expects trading revenue to fall sharply in the third quarter......»»

Category: topSource: foxnewsSep 17th, 2017

JPMorgan And Bank Of America To Lose Key Source Of Revenue In Q3

JPMorgan And Bank Of America To Lose Key Source Of Revenue In Q3.....»»

Category: topSource: seekingalphaSep 15th, 2017

Stocks lure in cash but investors eyeing signs of correction: BAML

LONDON (Reuters) - Riskier assets were in vogue this week as investors poured $8.9 billion into equities, but strategists at Bank of America Merrill Lynch said flows data indicated positioning remained shy of peak levels......»»

Category: topSource: reutersSep 15th, 2017

Comcast shares fall 7% after management warns of losing 150,000 video subscribers in Q3

Shares of Comcast Corp. fell nearly 7% during intraday trade on Thursday after management said during a Bank of America media conference that investors can expect Comcast to l.....»»

Category: topSource: marketwatchSep 7th, 2017

High-Grade Corporate Bond Market “Could Get Ugly” If Interest Rates Rise Fast

When liquidity is most needed in the high-grade corporate bond market, it “could get ugly,” Bank of America Merrill Lynch predicts. While total volume has increased meaningfully since 2006, don’t let that fool you. The markets a.....»»

Category: blogSource: valuewalkAug 29th, 2017

WPP Shares Plunge on Lower Revenue Growth Forecast

WPP shares fell almost 12% after the world’s largest advertising group recorded a slowdown in revenue growth in Europe and North America......»»

Category: smallbizSource: wsjAug 23rd, 2017

Maxim Integrated Shares Down After Quarterly Revenue Miss

Shares of Maxim Integrated Products Inc. fell more than 5% late Thursday after the San Jose, Calif., company reported fiscal fourth-quarter sales below expectations and increased its dividend by 9%......»»

Category: topSource: foxnewsJul 21st, 2017

Goldman"s bond trading drops, BofA boosts profit

Goldman Sachs reported a forty percent drop in bond trading revenue, and Bank of America beat on consumer banking and cost cuts. Roselle Chen reports......»»

Category: videoSource: reutersJul 18th, 2017

Rising interest rates boost Bank of America"s profits

Consumer banking giant Bank of America reported a 10 percent rise in second-quarter profits on Tuesday as gains from higher interest rates were more than enough to offset a drop in trading revenue......»»

Category: topSource: foxnewsJul 18th, 2017

Bank Of America Dips Despite Upbeat Q2 Earnings

The bank fell in morning trading, with one analyst blaming worries about net interest income......»»

Category: blogSource: barronsJul 18th, 2017