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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

Deutsche Bank beats estimates, Q3 net more than doubles; revenue falls 7%

Operating profit increased 51%, to 933 million euros, but revenue fell 7% to 6.8 billion euros.....»»

Category: topSource: business-standardOct 26th, 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

Tintri"s Turnaround In Doubt, Bank Of America Turns Bearish

Tintri Inc (NASDAQ: TNTR)'s third quarter results showing a significant downshift in revenue trends and the company's intention to explore strategic options have served to turn Bank of America Me Latest Ratings .....»»

Category: blogSource: benzingaDec 16th, 2017

Brick Brewing Reports Third Quarter EBITDA, ex one-time costs, of $1.8M

Third Quarter Highlights: Net revenue increased to $11.7 million, from $11.1 million in the prior year. Gross margin fell to 26.7%, and 28.1% excluding one-time costs, compared to 34.2% prior year. Selling, Marketing and Administration ("SM&A").....»»

Category: earningsSource: benzingaDec 8th, 2017

BOA: Private Investors Are Buying Stocks For First Time Since 2008

For the past nine years, private investors have avoided stocks. According to Bank of America’s weekly client asset flow trends report, in every year since 2008, private clients have sold equities on a net basis. The only year to buck […] .....»»

Category: blogSource: valuewalkNov 23rd, 2017

Rovio Shares Drop 20% On Bad Earnings

Rovio shares are down 20% in trading on the Nasdaq Helsinki. They fell to 9.57 euros. The figure is an all time low for the company which recently completed its IPO. Revenue increased 70% to 70........»»

Category: blogSource: 247wallstNov 23rd, 2017

Bank Of America Thinks AMD Is "Too Attractive To Ignore"

Advanced Micro Devices, Inc. (NASDAQ: AMD) stock has tanked more than 21 percent in the past month after the company said it expects a 15-percent sequential drop in revenue in the fourth quarter. Latest.....»»

Category: blogSource: benzingaNov 14th, 2017

The largest options exchange in the US is moving in on a $1.6 billion bitcoin opportunity (CBOE)

REUTERS/Frank Polich Bitcoin presents a $1.6 billion revenue opportunity for exchanges, according to a wide-ranging report on cryptocurrencies by Bank of America Merrill Lynch. Cboe, a first mover in cryptocurr.....»»

Category: topSource: businessinsiderOct 26th, 2017

Deutsche Bank Trading Revenue Plunges 30% As CEO’s Time Running Out

Deutsche Bank’s Q3 2017 revenues were €6.78 billion, below market expectations of €6.88 billion. The share price fell 2.7% shortly after the European market open. The problem – like the previous quar.....»»

Category: blogSource: zerohedgeOct 26th, 2017

Bank of America Is Back on Offense

The nation’s second biggest bank by assets has shifted its focus from expense management to revenue generation......»»

Category: topSource: foxnewsOct 23rd, 2017

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