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Microsoft has 17% upside potential and upcoming earnings will show strong AI-driven growth, Bank of America says

Bank of America raised Microsoft's earnings estimate by 1% above its $60.5 billion Q3 revenue forecast, citing sustained Azure strength. Drew Angerer/Getty Images Bank of America raised its Microsoft earni.....»»

Category: worldSource: nytApr 18th, 2024

Citizens CEO says bank remains "solid" amid interest income drop

The bank continues "to play strong defense" amid an uncertain economy, CEO Bruce Van Saun said on the bank's first-quarter earnings call. As for bad CRE loans, "the pig is moving through the python," he said......»»

Category: topSource: bizjournalsApr 17th, 2024

Is Charles Schwab Actually A Bank?

Charles Schwab Bank is a subsidiary of Charles Schwab & Co., Inc. The bank offers a variety of deposit products such as checking and savings accounts. Charles Schwab Bank is a member of the Federal Deposit Insurance Corporation .....»»

Category: smallbizSource: nytApr 16th, 2024

Deutsche Bank ups L Brands target to $88 after "strong" Q1

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: theflyonthewallMay 20th, 2021

: European Central Bank officials shrug off inflation fears

ECB executive board member Isabel Schnabel and chief economist Philip Lane insist that the surge of inflation forecast for the rest of the year will be of a temporary nature......»»

Category: topSource: marketwatchMay 11th, 2021

Chinese-Americans poured more than $80,000 into a Proud Boy crowdfunder before Jan 6 insurrection

Asian-Americans and ex-pats from China bank-rolled effort the far-right Proud Boys medical expenses after a violent confrontation with BLM protesters. A member of the Proud Boys guards the front st.....»»

Category: topSource: businessinsiderMay 8th, 2021

Barclays CEO Jes Staley discussed his bank"s performance, the Archegos debacle, and growth in the UK economy in a new interview. Here are the 8 best quotes.

"We are projecting out economic growth in the UK north of 6%. It should be the strong.....»»

Category: worldSource: nytApr 30th, 2021

Barclays profit almost triples in the first quarter as economic outlook turns positive and its COVID-related cash reserves fall

Barclays benefited from a more positive economic outlook, strong investment bank performance and smaller reserves for bad loans as COVID-19 subsides. REUTERS/Simon Dawson Barclays' first-quarter profit .....»»

Category: worldSource: nytApr 30th, 2021

D.C."s newest bank saw "strong demand" despite Covid-19. And it just reached a big milestone.

The bank will continue to pursue a "branch-light" strategy, its CEO says......»»

Category: topSource: bizjournalsApr 29th, 2021

NewsWatch: Don’t bail on stocks now, says world’s top fund manager BlackRock

Investors should steer the course ahead through strong growth and unchartered central-bank territory, says BlackRock......»»

Category: topSource: marketwatchApr 27th, 2021

Europe Markets: European stocks rise as Nestlé leads strong earnings wave; Credit Suisse slumps

European stocks rose on Thursday, buoyed by a solid start to earnings season on both sides of the Atlantic, with the European Central Bank expected to keep policy intact......»»

Category: topSource: marketwatchApr 22nd, 2021

Fisker could jump another 116% due to rising reservations and an EV boom, BofA says

Bank of America initiated coverage on Fisker with a "buy" rating and a $31 price target on Tuesday citing strong reservation trends and the EV boom. .....»»

Category: topSource: businessinsiderApr 20th, 2021

Strong Economy, Low Yields and Bank Earnings Send Wall Street to New Highs, but What"s Next?

The market may switch gears next weekRelated Stocks: IBM, T, AXP, NFLX, KO,.....»»

Category: blogSource: gurufocusApr 18th, 2021

Valley Republic Bancorp Reports Record 1st Quarter Earnings and Continued Strong Balance Sheet Growth

BAKERSFIELD, Calif., April 15, 2021 /PRNewswire/ -- Valley Republic Bancorp (the "Company") (OTCQX:VLLX), the parent company of Valley Republic Bank (the "Bank"), today announced its financial results for the quarter ended March 31, 2021. 1st Qu.....»»

Category: earningsSource: benzingaApr 15th, 2021

Bank ETFs tumble even as earnings come in strong

Exchange-traded funds tracking the banking sector fell Thursday even as big banks reported quarterly results that blew away an.....»»

Category: topSource: marketwatchApr 15th, 2021

Bank of America CFO says "we saw strong growth in our capital markets"

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: theflyonthewallApr 15th, 2021

Facebook will soar 31% on strong ad trends and e-commerce growth, Deutsche Bank says

Deutsche Bank analyst Lloyd Walmsley and his team reiterated their buy rating and increased their price target for Facebook to $385 per share Sunday. Facebook CEO Mark Zuckerberg. Andrew Harnick/AP Photo Deutsche Bank raised its pri.....»»

Category: personnelSource: nytMar 29th, 2021

Bank stocks could jump 45% on rising bond yields and attractive relative value, Morgan Stanley says

Morgan Stanley listed five factors that could provide a strong tailwind for the banking sector this year. FILE PHOTO: A sign is displayed on the Morgan Stanley building in New York Reuters Bank s.....»»

Category: dealsSource: nytMar 24th, 2021

BofA Upgrades CME Group, Bank Of NY Mellon On Expectations For Rising Interest Rates

Financials are off to a strong start in 2021, but one analyst said Wednesday the runs for two financial sector stocks may just be getting started. read more.....»»

Category: blogSource: benzingaMar 24th, 2021

FNBO looks to form a strong base in one corner of Kansas City

FNBO plans to make a strong play to grow the presence of its bank and its brand recognition in the southwestern portion of the metro area, before expanding anywhere else......»»

Category: topSource: bizjournalsMar 3rd, 2021