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JPMorgan earnings smash Wall Street"s targets as the bank posts its most profitable year ever

REUTERS/Dylan Martinez JPMorgan Chase reported fourth-quarter earnings Tuesday .....»»

Category: topSource: businessinsiderJan 14th, 2020

S&P 500 closes near record high as earnings season begins in earnest

U.S. stocks closed near record highs on Friday after the largest U.S. bank, JPMorgan Chase & Co, soothed worries that the first-quarter earnings season would dampen Wall Street's big rally back from last year's slump......»»

Category: topSource: reutersApr 12th, 2019

S&P 500 climbs to near record high as earnings season shifts to high gear

U.S. stocks climbed back to near record highs on Friday after the largest U.S. bank, JPMorgan Chase & Co, soothed worries that the first-quarter earnings season would pour cold water on Wall Street's big rally back from last year's slump......»»

Category: topSource: reutersApr 12th, 2019

Too big to retire? Wall Street CEOs keep next generation waiting

Jamie Dimon just led JPMorgan Chase & Co. to the best year of any U.S. financial institution in history. Brian Moynihan steered Bank of America Corp. from the brink of ruin to years of profitability.... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 26th, 2020

Newly minted MDs at Morgan Stanley and Bank of America; unpacking Visa"s $5.3 billion Plaid buy

  Only 90-some-odd days until next bank-earnings season! The trifecta of JPMorgan, Wells Fargo, and Citi in one day, followed by the rest of the Wall Street crowd reporting in the da.....»»

Category: topSource: businessinsiderJan 18th, 2020

Stock market opens flat as Wall Street weighs bank results in unofficial start to fourth-quarter earnings

U.S. stock indexes on Tuesday were trading slightly lower as investors pored over quarterly results from JPMorgan Chase, Citigroup and Wells Fargo to commence the start of fourth-quarter earnings season. The Dow Jones Industria.....»»

Category: topSource: marketwatchJan 14th, 2020

JPMorgan beats profit estimates, says consumer remains strong

JPMorgan Chase & Co kicked off bank earnings on Tuesday by beating Wall Street estimates for quarterly profit by a wide margin, a signal that the U.S. consumer remains strong, executives at the largest U.S. bank said......»»

Category: topSource: reutersOct 15th, 2019

Smucker cuts full-year targets after first-quarter earnings disappoint

J. M. Smucker Co on Tuesday cut its full-year earnings forecast and missed Wall Street estimates for quarterly profit and sales, blaming competition in the pet food industry and its move to cut prices on its peanut butter and coffee......»»

Category: topSource: reutersAug 27th, 2019

Earnings Results: Intel stock rallies more than 5% as earnings, outlook top Street view

Intel Corp. shares surge in the extended session Thursday after the chip giant posts a big earnings beat compared with what Wall Street analysts had been expecting and raised its outlook for the year......»»

Category: topSource: marketwatchJul 25th, 2019

Inogen stock drops 20% after earnings miss, cut outlook

Inogen Inc. shares dropped in the extended session Tuesday after the maker of oxygen therapy systems missed Wall Street earnings targets and cut its outlook for the year. Inogen shares, which had been briefly h.....»»

Category: topSource: marketwatchMay 7th, 2019

Pfizer posts earnings beat, raises 2019 profit forecast

Pfizer Inc beat Wall Street estimates for quarterly profit and tweaked its earnings forecast for the year on Tuesday, as it reported rising sales of cancer drug Ibrance and pneumonia vaccine Prevnar, pushing shares in the drugmaker higher......»»

Category: topSource: reutersApr 30th, 2019

Wall Street closes near record highs

U.S. stocks closed near record highs on Friday after JPMorgan Chase soothed worries that the first-quarter earnings season would curb Wall Street's big rally back from last year's slump. Fred Katayama reports......»»

Category: videoSource: reutersApr 12th, 2019

JPMorgan lifts expectations for rivals with earnings beat

JPMorgan Chase & Co's better-than-expected first-quarter earnings raised expectations that rival Wall Street lenders would follow suit when they report next week, pushing most bank stocks higher on Friday......»»

Category: topSource: reutersApr 12th, 2019

UnitedHealth Weathers a Tough Flu Season to Smash Wall Street Earnings Expectations

The health insurance giant's Optum unit is on a serious roll. This year’s unexpectedly brutal flu season presented a thorny problem .....»»

Category: europeSource: fortuneApr 17th, 2018

More trouble for Wells Fargo as bank earnings disappoint

Bank shares tumbled and led Wall Street lower Friday as investors found something to groan about in first-quarter results from JPMorgan Chase, Citigroup and Wells Fargo......»»

Category: videoSource: reutersApr 13th, 2018

Wells Fargo trims expected hit from regulatory cap on assets

BOSTON (Reuters) - Wells Fargo & Co on Thursday said a cap on the bank's growth imposed by regulators after sales practices scandals would hurt earnings less than it thought this year, and forecast 2019 expenses below Wall Street expectations......»»

Category: topSource: reutersMay 10th, 2018

Tucows Inc. Fumbles Q2 Earnings but Keeps Full-Year Targets Intact

The company fell far short of Wall Street's earnings consensus. To be fair, it was based on a single analyst's research and no official bottom-line guidance......»»

Category: topSource: foxnewsAug 9th, 2018

Tesla’s Stock Soars 15% After Blowout Earnings as Model 3 Deliveries Rise

Tesla was profitable for only the third time in its 15-year history. Tesla’s stock surged as much as 15% Wednesday, after posting earnings in the third quarter that blew away Wall Street’s profit forecasts.....»»

Category: europeSource: fortuneOct 24th, 2018

Amazon Stock Might Be the Best Black Friday Bargain of All. Here"s Why.

Amazon is flexing its earnings muscle, posting its four most-profitable quarters in a row over the past year. Wall Street analysts see that as the new norm......»»

Category: topSource: barronsNov 21st, 2018

Citi Fixed Income Crashes 21%, Worst Since 2011, In Ominous Sign For Wall Street

While traditionally it is JPMorgan Chase that kicks off bank earnings season, this quarter, Citigroup is taking the spotlight with its just reported Q4 results (followed by JPMorgan and Wells Fargo & Co. on Tuesday), and.....»»

Category: blogSource: zerohedgeJan 14th, 2019

Netflix leads Wall Street higher; bank earnings disappoint

U.S. stocks rose on Tuesday, as hopes of more stimulus for China's slowing economy and a jump in Netflix shares helped investors look past disappointing earnings from JPMorgan and Wells Fargo......»»

Category: topSource: reutersJan 15th, 2019