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JPMorgan, Wells Fargo beat Wall Street

JPMorgan Chase topped Wall Street's fourth-quarter earnings expectations after charges related to new tax code, while Wells Fargo also beat, but fell short on revenue. Aleksandra Michalska reports......»»

Category: videoSource: reutersJan 12th, 2018

Sales scandal costs Wells Fargo; JPMorgan and Citi please Wall Street

By David Henry and Dan Freed NEW YORK (Reuters) - JPMorgan Chase and Citigroup trounced third-quarter estimates on Friday on a sharp rebound in trading revenues while Wells Fargo & Co barely beat expectations as a sales scandal engulfed the bank. Wells Fa.....»»

Category: topSource: yahooOct 14th, 2016

Sales scandal costs Wells Fargo; JPMorgan and Citi please Wall Street

NEW YORK (Reuters) - JPMorgan Chase and Citigroup trounced third-quarter estimates on Friday on a sharp rebound in trading revenues while Wells Fargo & Co barely beat expectations as a sales scandal engulfed the bank......»»

Category: topSource: reutersOct 14th, 2016

Financial stocks lift Wall Street as bank earnings beat

The S&P 500's financial index surged 1.16 percent, its best showing in seven days, after JPMorgan , Citigroup and Wells Fargo reported quarterly revenue and profit that beat market expectations. JPMorgan and Citi rose slightly, while the scandal-hit .....»»

Category: topSource: yahooOct 14th, 2016

Wall Street had a great Friday morning (JPM, C, WFC)

Matt Cardy/Getty ImagesWall Street was celebrating Friday morning as JPMorgan, Citi, and Wells Fargo all reported third-quarter earnings that beat expectations. JPMorgan beat analyst expectations across investment banking and trading — and had a h.....»»

Category: topSource: businessinsiderOct 14th, 2016

Wall Street gains capped by big banks" tepid forecasts

(Reuters) - U.S. stocks edged higher in late morning trading on Friday as weak economic data dimmed chances of another rate hike this year, while tepid forecasts by JPMorgan and Wells Fargo limited gains......»»

Category: topSource: reutersJul 14th, 2017

Market Extra: Wells Fargo joins the chorus of active management optimists

Is Wall Street finally entering an environment where active managers can beat the market? More active managers think so......»»

Category: etfSource: marketwatchJun 1st, 2017

Earnings Results in Focus

Earnings Results in Focus Three of the biggest banks on Wall Street have reported earnings results for fiscal Q1 before the bell this Thursday: JPMorgan Chase JPM, Citigroup C and Wells Fargo WFC have all beaten.....»»

Category: topSource: zacksApr 13th, 2017

Wall Street is about to find out whether the next big rally in stocks can be justified

Bank of America Merrill LynchFirst-quarter earnings season unofficially gets underway when three of the big banks announce their results on Thursday. Citigroup, JPMorgan, and Wells Fargo report before the market opens. Alcoa's release traditionally m.....»»

Category: topSource: businessinsiderApr 10th, 2017

US STOCKS-Wall Street rally loses steam as banks and energy weigh

Wall Street dipped on Thursday, weighed down by energy stocks as oil prices dropped and banks fell broadly for the first time in six days. Wells Fargo, Bank of America, JPMorgan and Citigroup weighed more ........»»

Category: topSource: yahooFeb 16th, 2017

Donald Trump"s win looks like good news for Wall Street — and bank stocks are flying high (BAC, JPM, MS, GS, C, WFC)

Stuart C. Wilson / Stringer / Getty ImagesUS bank stocks are climbing for a second straight day Thursday following president-elect Donald Trump's electoral win. Bank of America, Citigroup, Goldman Sachs, JPMorgan, Morgan Stanley, and Wells Fargo were all .....»»

Category: topSource: businessinsiderNov 10th, 2016

Taxpayers are still bailing out Wall Street, eight years later

Wells Fargo is eligible for up to $1.5 billion in bailout funds over the next seven years. JPMorgan and Bank of America could receive $1.1 billion and $964 million respectively......»»

Category: topSource: moneycentralNov 8th, 2016

Taxpayers are still bailing out Wall Street, eight years later

Eight years after taxpayers rescued the U.S. financial system, some of the country's largest banks, including JPMorgan Chase & Co. and Wells Fargo & Co., continue to receive billions of dollars in bailout money, according to government data. Wells Fargo .....»»

Category: topSource: latimesNov 7th, 2016

Taxpayers are still bailing out Wall Street, eight years later

Wells Fargo is eligible for up to $1.5 billion in bailout funds over the next seven years. JPMorgan and Bank of America could receive $1.1 billion and $964 million respectively......»»

Category: topSource: washpostNov 7th, 2016

Taxpayers are still bailing out Wall Street, eight years later

Wells Fargo is eligible for up to $1.5 billion in bailout funds over the next seven years. JPMorgan and Bank of America could receive $1.1 billion and $964 million respectively......»»

Category: topSource: washpostNov 7th, 2016

Stocks close slightly higher on bank earnings

Wall Street got a boost after JPMorgan, Citigroup and Wells Fargo topped profit forecasts.         Wall Street got a boost after JPMorgan, Citigroup and Wells Fargo topped profit forecasts.    &.....»»

Category: topSource: usatodayOct 14th, 2016

Sales scandal costs Wells Fargo; JPMorgan and Citi please Wall Street - Reuters

ReutersSales scandal costs Wells Fargo; JPMorgan and Citi please Wall StreetReutersTraders work in the Citigroup booth on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 25, 2016. REUTERS/Brendan McDermid. 3/3. left. right. A W.....»»

Category: topSource: googlenewsOct 14th, 2016

Stocks gain on strong bank earnings

Wall Street got a boost after JPMorgan, Citigroup and Wells Fargo topped profit forecasts.         Wall Street got a boost after JPMorgan, Citigroup and Wells Fargo topped profit forecasts.    &.....»»

Category: topSource: usatodayOct 14th, 2016

Breakingviews: Bank bonanza

Citigroup, JPMorgan and Wells Fargo all reported better-than-expected quarterly results. Antony Currie and Jeffrey Goldfarb spotlight how Wall Street and Main Street are affecting the trio......»»

Category: videoSource: reutersOct 14th, 2016

Wall Street trims gains as focus shifts to Yellen

The S&P 500 financial index was up 0.44 percent, after rising as much as 1.5 percent following JPMorgan , Citigroup and Wells Fargo market-beating results. JPMorgan and Citi were flat. Traders have currently priced in a 67 percent chance of a rate hike in.....»»

Category: topSource: yahooOct 14th, 2016

U.S. stocks open higher as banks beat estimates

U.S. stocks opened higher Friday as investors welcomed better-than-expected results from three of the largest banks. J.P.Morgan Chase & Co , Citigroup Inc. and Wells Fargo & Co. all beat Wall Street estimates. The S&P 500 gained 13 points, or 0.6%, to.....»»

Category: topSource: marketwatchOct 14th, 2016