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Why Bank of America Earnings Hit a Record High

Bank of American posted record quarterly earnings Monday morning as higher interest rates and lower tax rates worked their magic......»»

Category: blogSource: 247wallstApr 16th, 2018

Tax Day 2018: Big Banks Already Reaping Huge Benefits From Trump"s Plan

Bank of America reported record-breaking earnings on Monday......»»

Category: topSource: newsweekApr 17th, 2018

Tax Day 2018: Big Banks Already Reaping Huge Benefits from Trump"s Plan

Bank of America reported record-breaking earnings on Monday......»»

Category: topSource: newsweekApr 17th, 2018

Bank of America execs tout "responsible growth" as bank hits sweet spot

For Bank of America Corp. (NYSE: BAC), it's onward and upward. The nation's second-largest bank released its first-quarter earnings results Monday morning, reporting a record net income of $6.9 billion, or 62 cents in diluted earnings per share. Fir.....»»

Category: topSource: bizjournalsApr 16th, 2018

Bank of America CEO says "record quarterly earnings" in 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: theflyonthewallApr 16th, 2018

What Analysts Are Saying After Adobe’s Record Report

Adobe Systems shares reached an all-time high in Friday’s session following a record earnings report. Overall everything seemed to go right in this report with revenues hitting a record level......»»

Category: blogSource: 247wallstSep 15th, 2018

BofA Upgrades Sanofi, Names 3 Growth Drivers For Pharma Stock

Sanofi SA (ADR) (NYSE: SNY), is approaching a growth inflection point, according to Bank of America Merrill Lynch. The sell-side firm is projecting 6-percent earnings per share growth for the pharmaceutical.....»»

Category: blogSource: benzingaSep 10th, 2018

U.S. trade deficit surges to five-month high as exports fall

The U.S. trade deficit rose to a five-month high in July, with the politically sensitive gap with China hitting a record high, which economists said could embolden the Trump administration to aggressively pursue its "America First" agenda......»»

Category: topSource: reutersSep 5th, 2018

HD Supply"s stock jumps toward record after earnings, revenue beat expectations

Shares of HD Supply Holdings Inc. surged 3.8% toward a record high in premarket trade Wednesday, after the industrial distributor reported fiscal second-quarter earnings and revenue that beat expectations. Net income for the.....»»

Category: topSource: marketwatchSep 5th, 2018

Robots Are Crushing Humans: Passive Funds Control A Record 44% Of The US Stock Market

When it comes to the battle between robots and humans for control of the market, the robots are winning so much, they're getting sick and tired of winning. According to the latest data from Bank of America, in the first half of 2.....»»

Category: blogSource: zerohedgeAug 30th, 2018

Yuan at two-and-a-half week high as China signals support, revives fix factor

The yuan hovered at a 2-1/2-week high against the U.S. dollar on Monday after China's central bank revived a "counter-cyclical factor" in its daily fixing to support the currency, arresting a record 10-week slide that has rattled global markets......»»

Category: topSource: reutersAug 27th, 2018

S&P 500 reaches new high to clinch record bull run

The benchmark S&P 500 stock index clinched its longest bull-market run on Friday, closing above its previous January high, as Federal Reserve Chairman Jerome Powell affirmed the U.S. central bank's current pace of rate hikes......»»

Category: topSource: reutersAug 24th, 2018

Tandem Diabetes Care Positioned For 20-30% Growth, But Valuation Warrants Neutral Stance

Medical device maker Tandem Diabetes Care Inc (NASDAQ: TNDM) has high growth potential, but its upside could be limited by valuation, according to Bank of America Merrill Lynch. Latest Ratings.....»»

Category: blogSource: benzingaAug 24th, 2018

Markets Now: Dow Dips 33 Points One Day After S&P 500 Fails to Close at Record High

It's a quiet morning for the market, but earnings from Target and others look good......»»

Category: blogSource: barronsAug 22nd, 2018

S&P 500 touches record high, equals longest-ever bull run

The benchmark S&P 500 touched a record high on Tuesday and equaled its longest-ever bull-market run, buoyed by strong earnings reports in the consumer sector and relative calm in the trade dispute between the United States and China......»»

Category: topSource: reutersAug 21st, 2018

S&P rises to record high

The benchmark S&P 500 touched a record high on Tuesday and equaled its longest-ever bull-market run, as stocks rose on encouraging earnings reports. Fred Katayama reports......»»

Category: videoSource: reutersAug 21st, 2018

S&P touches record high, equals longest-ever bull run

The benchmark S&P 500 touched a record high on Tuesday and equaled its longest-ever bull-market run, as U.S. stocks rose on earnings reports in the consumer sector and relative calm in the trade dispute between the United States and China......»»

Category: topSource: reutersAug 21st, 2018

S&P 500 sets record high, dollar slips after Trump attacks Fed

Global equity markets rose on Tuesday, with the S&P 500 setting a new record high, as strong earnings and economic growth fueled stocks, while the dollar weakened after U.S. President Donald Trump slammed the Federal Reserve for raising interest rates......»»

Category: topSource: reutersAug 21st, 2018

S&P hits record high, equals longest-ever bull run

The benchmark S&P 500 touched a record high on Tuesday and equaled its longest-ever bull-market run, as U.S. stocks rose on encouraging earnings reports and hopes that the United States and China could resolve their tariff dispute......»»

Category: topSource: reutersAug 21st, 2018

What it"s like inside the courtroom at Paul Manafort"s high-profile trial

Paul Manafort, Donald Trump's former campaign chairman, is alleged to have engaged in tax evasion and bank fraud by hiding proceeds of his past work as a political consultant in Ukraine in offshore accounts. Manafort's trial, United States of America v. .....»»

Category: topSource: businessinsiderAug 21st, 2018

S&P 500 hits record high as earnings eclipse trade war fears

The U.S. stock market keys off strong corporate earnings and shrugs off trade fears and rising interest rates to rally t.....»»

Category: topSource: usatodayAug 21st, 2018