Global stocks and US stock futures rose on Monday as investors looked forward to a busy week of corporate earnings, economic data and central bank decisions. The futures linked to the S&P …
Read More »US retail sales fell 0.7% in December as Kovid-19 case rose
US consumers cut retail spending at the height of the holiday season as the country faced an increase in coronovirus infections. The Commerce Department reported a seasonally adjusted 0.7% decline in December …
Read More »Citigroup Earnings Beat Establish, buyback resuming bank plan
Word size Citigroup issued some debt-loss reserves, raising fourth-quarter earnings above expectations. The banking giant said stock repurchases could resume in the current quarter. Mario Tum / Getty Images Citigroup Led in …
Read More »Tesla Inc. stock falls on Friday, weak in market
Tesla Inc. TSLA shares -2.23% With the NASDAQ Composite Index comp, up 2.23% to $ 826.16 as of Friday, which turned out to be a shoddy trading session for the stock market. …
Read More »Citigroup Beats Profit Expectations for Fourth Quarter
Citigroup Inc. said on Friday that its fourth-quarter earnings had fallen by 7% and downgraded some of the reserves it had set aside to potentially cover sour debts. New York Bank said …
Read More »Citigroup Beats Profit Expectations for Fourth Quarter
Citigroup Inc. said on Friday that its fourth-quarter earnings had fallen by 7% and downgraded some of the reserves it had set aside to potentially cover sour debts. New York Bank said …
Read More »Wells Fargo stock falls as revenue rebate
Word size Revenue was lower than the fourth quarter of 2019. Justin Sullivan / Getty Images Wells Fargo Shares are slipping after reporting revenue by a San Francisco-based bank that was lower …
Read More »Jump to JP Morgan earnings as Outlook Brightons. The stock is down.
Word size JPMorgan Chase still has more than $ 30 billion in credit reserves. Cindy Ord / Getty Images J. P. Mourgan Chase’s fourth quarter results came out better than expected, but …
Read More »JPMorgan Profit reserves 42% of bad loans after bank loans
JPMorgan Chase & Co. posted its highest quarterly profit after issuing $ 2.9 billion, which it set to cover individual debts. The bank’s profit rose 42% to $ 12.14 billion, or $ …
Read More »Tesla’s new $ 950 share price target in Vesush is the highest on Wall Street, but analysts still won’t say buy
Tesla Inc. received another sharp endorsement on Friday from Wesbush’s prolific analyst Dan Ives, who raised his stock price to 33%, but he would still not advise investors to buy the stock. …
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