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Tough markets hit BlackRock results; shares slump 4 percent

BlackRock Inc's quarterly revenue fell short of Wall Street's expectations on Tuesday as the world's biggest asset manager reported its lowest sales of equity, bond and other long-term investments since the second quarter of 2016......»»

Category: topSource: reutersOct 16th, 2018

Wells Fargo quarterly revenue falls 5 percent

Wells Fargo & Co on Tuesday said quarterly revenue fell 5 percent, hurt by lower revenue across all of its businesses, including community banking, the unit most closely tied to a 2016 sales scandal......»»

Category: topSource: reutersJan 15th, 2019

Wells Fargo quarterly revenue falls 5 percent

Wells Fargo & Co on Tuesday said quarterly revenue fell 5 percent, hurt by lower revenue across all of its businesses, including community banking, the unit most closely tied to a 2016 sales scandal......»»

Category: topSource: moneycentralJan 15th, 2019

Cryptocurrencies crash in brutal sell-off, with bitcoin down nearly 10 percent

Bitcoin, the most popular and valuable token, fell by more than 20 percent in early morning trading before recovering some of its losses......»»

Category: topSource: washpostMay 19th, 2021

Mortgage rates remain under 3 percent for third week in a row

The 30-year fixed-rate average fell for the fourth time in the past five weeks and now stands at 2.96 percent......»»

Category: topSource: washpostMay 6th, 2021

Covid concerns cause mortgage rates to retreat

The 30-year fixed-rate average fell for the second week in a row, dropping to 3.04 percent......»»

Category: topSource: washpostApr 15th, 2021

Fixed mortgage rates upward march halted as they fall for the first time in 7 weeks

The 30-year fixed-rate average had been on a steady climb for nearly two months but fell to 3.13 percent this week......»»

Category: personnelSource: nytApr 8th, 2021

Mortgage rates drift lower as investors worry about pandemic

The 30-year fixed-rate average fell for the second consecutive week, dipping to 2.73 percent......»»

Category: topSource: washpostJan 28th, 2021

Mortgage rates slide to historic lows for third time this month

The 30-year fixed-rate average fell to 2.66 percent, surpassing the low it set last week. Since the beginning of the year, it has fallen more than a percentage point......»»

Category: topSource: washpostDec 24th, 2020

New-Home Sales Fall Sharply in November Amid Affordability, Inventory Concerns

New-home sales fell sharply month-over-month, dropping 11.0 percent below the revised October rate. But year-over-year, sales recorded 20.8 percent above th.....»»

Category: realestateSource: rismediaDec 24th, 2020

Fixed mortgage rates tumble to lowest levels in history

The 30-year fixed-rate average fell to 2.67 percent. It has never been this low since Freddie Mac began tracking mortgage rates in 1971. It surpassed the previous low of 2.71 percent, set earlier in the month......»»

Category: topSource: washpostDec 17th, 2020

Historic financial decline hits doctors, dentists and hospitals — despite covid-19 — threatening overall economy

Health-care spending fell 18 percent to start the year as hospitals slashed surgeries and staff to deal with covid-19......»»

Category: topSource: washpostMay 4th, 2020

Mortgage rates sink to all-time lows and may be headed lower

The 30-year fixed-rate average fell to 3.23 percent, its lowest level in the 49-year history of Freddie Mac's survey......»»

Category: topSource: washpostApr 30th, 2020

McDonald"s profit sinks as coronavirus slams sales

The Chicago-based fast-food chain reported first-quarter profit fell 16 percent to $1.1 billion, or $1.47 a share, on revenue of $4.71 billion......»»

Category: topSource: foxnewsApr 30th, 2020

GE profit spikes, overcoming aviation drag

The Boston-based conglomerate earned $6.16 billion, or 72 cents a share, as total revenues fell 8 percent to $20.52 billion......»»

Category: topSource: foxnewsApr 29th, 2020

Delta Air Lines loses $607M as coronavirus zaps travel

Delta Air Lines lost 84 cents a share in the first quarter as revenue fell 18 percent from a year ago to $8.6 billion......»»

Category: topSource: foxnewsApr 22nd, 2020

Delta Air Lines loses $607M as coronavirus zaps travels

Delta Air Lines lost 84 cents a share in the first quarter as revenue fell 18 percent from a year ago to $8.6 billion......»»

Category: topSource: foxnewsApr 22nd, 2020

Oil services provider Schlumberger rocked by "double black swan"

The Houston-based oil services provider lost $5.32 a share as revenue fell 5 percent year-over-year to $7.5 billion......»»

Category: topSource: foxnewsApr 17th, 2020

Stocks slide as coronavirus slams US economy with historic declines in retail sales, manufacturing

Retail sales fell 8.7 percent and the Empire State Manufacturing Survey hit a record low......»»

Category: topSource: foxnewsApr 15th, 2020

Stocks tumble amid historic declines in retail sales, manufacturing

Retail sales fell 8.7 percent and the Empire State Manufacturing Survey hit a record low......»»

Category: topSource: foxnewsApr 15th, 2020