We are Sorry, This Page doesn't Exist
Bank of America"s 4th-quarter profit beats expectations, but revenue drops 10% as low interest rates hurt its consumer banking division
The second-biggest US lender posted a 28% drop in net income to $5.5 billion in the quarter, or $0.59 per share. Brian Moynihan, CEO of Bank of America. Bobby Yip/Reuters Bank of America po.....»»
Truist lowers Alibaba SOTP valuation but believes that break-up is unlikely
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.....»»
A second, possibly more infectious coronavirus variant from South Africa has been found in the UK, health minister says
Health Secretary Matt Hancock called the new variant "highly concerning." Viruses typically mutate, and variants are not necessarily more harmful. UK Health Secretary Matt Hancock. REUTERS/Simon Dawson/Pool The UK has found a sec.....»»
Apple Added More Gains In A Day On EV Rumors Than GM"s Entire Valuation
Apple Inc.’s (NASDAQ: AAPL) shares surged 2.85% in Tuesday’s regular trading session after a Reuters report said the Cupertino-based company planned to launch electric vehicles in 202 read more.....»»
Exclusive: IKEA"s shopping malls arm Ingka Centres plans U.S. entry in major play
IKEA's shopping malls business, one of the world's biggest, is looking to enter the United States in the next couple of years and is in talks to snap up central properties in major cities, its boss told Reuters......»»
Billionaire investor David Tepper says the stock market is the most overvalued in history, barring the tech bubble (AMZN, FB, GOOGL)
Reuters Billionaire investor David Tepper said the current valuation of the stock market is the second highest he's ever seen, just behind 1999. In an interview on CNBC's Halftime Report on W.....»»
Juul lowers internal valuation 35% to $13B, Bloomberg reports
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.....»»
Juul lowers internal valuation 35% to $13B, Bloomberg reports
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.....»»
Lyft fends off coronavirus fears to top Wall Street expectations (LYFT)
REUTERS/ Mike Blake Lyft .....»»
Economists forecast another 3 million Americans filed for unemployment last week
Reuters Economists forecast that 3 million Americans filed for unemployment insurance in the week ending May 2, according to Bloomberg data. If the Thursday report comes in near expectations, it would be the fifth week in a row of .....»»
TD downgrades Thomson Reuters on valuation following BMO upgrade
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.....»»
Falling iPhone sales bring Apple"s Q2 revenue billions below its initial expectations – but its bets on wearables and services are paying off (AAPL)
Yves Herman/Reuters Apple reported revenue of $58.3 billion for its fiscal second quarter, falling below its initial Q2 guidance but surpassing Wall Street's muted expectations. Apple's iPhone revenue .....»»
3M’s stock surges on earnings beat, that was nearly 20 years in the making
Shares of 3M Co. surged Tuesday, after the maker of highly sought after N95 face masks reported first-quarter earnings that beat expectations, showing that preparation and patience pays off......»»
Cash is nice in a crisis, but Netflix is stockpiling content (NFLX, SNAP)
Reuters Hi everyone, welcome back to Trending, Business Insider Prime's weekly newsletter of the latest tech industry developments. I'm Alexei.....»»
Snap stock surges 20% after sales beat expectations withered by coronavirus as ad growth slows
Snap Inc. shares shot higher in the extended session Tuesday after Snapchat’s parent company revealed advertising revenue rose above estimates that were diminished by fears of the spread of COVID-19......»»
Snap"s ad business defied coronavirus fears in Q1 and its stock is popping (SNAP)
Getty Snap, Snapchat's parent company, beat analysts' expectations for Q1 2020, sending stock soaring 18%. The company reported stronger-than-expected numbers for revenue and daily active users. Snap i.....»»
Snap stock surges 20% after sales beat expectations withered by coronavirus
Snap Inc. shares shot higher in the extended session Tuesday after Snapchat’s parent company revealed advertising revenue rose above estimates that were diminished by fears of the spread of COVID-19......»»
Lockheed Martin’s 1st-Quarter Results Soar Above Expectations
Aerospace and defense company lowers full-year revenue outlook due to coronavirusRelated Stocks: LMT, RTX, BA, NOC, LHX,.....»»
LendingTree lowers Q1 sales expectations
LendingTree Inc. late Tuesday dialed down quarterly expectations in face of impact from the coronavirus pandemic. The online lending marketplace said it expect.....»»
Airbnb is reportedly paying a steep 10% interest on the debt it just raised in its $1 billion funding and its valuation is nearly half what it was in 2017
Stephen Lam/Reuters Airbnb will pay more than 10% in interest on the additional funding it just secured from Silver Lake and Sixth Street Partners, The Wall Street Journal reported Tuesday. The investors were also offered warrants that can conver.....»»