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Bank of America smashes forecasts to double profits in 1st-quarter earnings as the US rebound boosts Wall Street

Bank of America's traders reaped rewards from volatile markets, while the US economic rebound helped the bank rele.....»»

Category: personnelSource: nytApr 15th, 2021

Earnings Previews: Bank of America, Citigroup, BlackRock

Here's a look at three financial giants scheduled to report quarterly earnings before markets open Thursday morning......»»

Category: worldSource: nytApr 13th, 2021

Europe Markets: Lira and Turkish stocks collapse after Erdogan fires central bank chief, as other emerging market currencies struggle

Turkey's currency and stocks collapsed after the abrupt termination of its central bank head, a move that led investors to take a cautious stance toward risky assets on Monday......»»

Category: topSource: marketwatchMar 22nd, 2021

: Markets cheer prospects of Mario Draghi as Italian prime minister

The former president of the European Central Bank was invited on Wednesday by Italian President Sergio Mattarella to form a new government......»»

Category: topSource: marketwatchFeb 3rd, 2021

What you need to know on the markets this week: "Eat the rich" - Robinhood"s reckoning after GameStop, the Bank of England"s toolbox, and blockbuster earnings

Day-traders sent the market into a tailspin after an epic short-squeeze of GameStop and other stock.....»»

Category: worldSource: nytJan 31st, 2021

"A buying spree of epic proportions": How the Federal Reserve bucked precedent and forever changed its role in the US economy

Eric Baradat/AFP/Getty Images The Federal Reserve's rapid balance sheet expansion and move into corporate bond purchases has seen the central bank trade its independence from markets for a "whatever it takes" attitude. The coronavirus pandemic plunged.....»»

Category: topSource: businessinsiderMay 3rd, 2020

A Peek Into The Markets: US Stock Futures Down Ahead Of Citigroup, Goldman Sachs, Bank of America Earnings

Pre-open movers U.S. stock futures trade.....»»

Category: worldSource: nytApr 15th, 2020

A Peek Into The Markets: US Stock Futures Down Ahead Of Citigroup, Goldman Sachs, Bank of America Earnings

Pre-open movers read more.....»»

Category: blogSource: benzingaApr 15th, 2020

U.K. Treasury move to use Bank of England financing to take pressure off bill, repo markets: analyst

The move by the U.K. Treasury to reactivate its financing facilit.....»»

Category: topSource: marketwatchApr 9th, 2020

Europe Markets: European stocks climb and Italian bonds rally after ECB asset-purchase plan

European stocks climbed in early action Thursday after the European Central Bank surprised markets by unveiling a major asset-purchase program to combat the financial difficulties caused by the coronavirus outbreak......»»

Category: topSource: marketwatchMar 19th, 2020

European stocks advance and Italian bonds rally after ECB move

European stocks opened higher on Thursday after the European Central Bank announced a new bond-buying program, with the Euro Stoxx 50 up 0.6% and the French CAC 40 rising 1.2%. The.....»»

Category: topSource: marketwatchMar 19th, 2020

Europe Markets: Italy leads sharp rebound for European equities as governments start to step up coronavirus support

European stocks rebounded sharply on Friday, on the heels of an historic losing day, as the European Central Bank said it would support markets and several exchanges banned short selling of hard-hit Spanish and Italian equities......»»

Category: topSource: marketwatchMar 13th, 2020

Panic grips financial markets after U.S. travel curbs, ECB move

Panic hit world financial markets on Thursday after stimulus efforts from the European Central Bank failed to calm investors alarmed by U.S. moves to restrict travel from Europe because of the coronavirus pandemic......»»

Category: topSource: reutersMar 12th, 2020

GM to exit some overseas markets to cut costs, focus on electric and self-driving vehicles

GM will wind down operations in Australia by 2021 and Thailand this year. The move will impact earnings results, but save GM money i.....»»

Category: topSource: usatodayFeb 17th, 2020

Are Chipotle Earnings Enough to Move The Needle?

When Chipotle released fourth-quarter financial results after markets closed Tuesday, the company posted $2.86 in adjusted earnings per share (EPS) on $1.4 billion in revenue. That compared with........»»

Category: blogSource: 247wallstFeb 4th, 2020

Another Bank Beats: Morgan Stanley Latest To Exceed Expectations On Strong Trading

The earnings parade has started on a positive note and that could be providing momentum early Thursday as markets appear set to re-test record highs. Morgan Stanley (NYSE: MS) became the latest big bank to open its.....»»

Category: earningsSource: benzingaJan 16th, 2020

Is It Time to Take Profits on Bank of America After Earnings?

Bank of America reported mixed fourth-quarter financial results before the markets opened on Wednesday. Is it time to take profits?.....»»

Category: blogSource: 247wallstJan 15th, 2020

3 Major Bank Earnings to Watch Tuesday Morning

24/7 Wall St. has put together a preview of some of the major financial companies kicking off the new earnings reporting season. Markets have risen to record highs, and results from these major banks........»»

Category: blogSource: 247wallstJan 13th, 2020

Bank of America, Citigroup, Morgan Stanley, Wells Fargo and More Major Banks Reporting This Week

24/7 Wall St. has put together a preview of some of the major financial companies kicking off the new earnings reporting season. Markets have risen to record highs, and results from these major banks........»»

Category: blogSource: 247wallstJan 12th, 2020

Mid-Morning Market Update: Markets Edge Higher; AutoZone Earnings Top Expectations

Following the market opening Tuesday, the Dow traded up 0.02% to 27915.40 while the NASDAQ rose 0.25% to 8,643.81. The S&P also rose, gaining 0.09% to 3,138.73. Leading and Lagging Sectors Information technology shares climbed 0.2% on Tuesda.....»»

Category: earningsSource: benzingaDec 10th, 2019