A man walks behind a Wells Fargo Bank branch on a rainy morning in Washington. Gary Cameron | Reuters Wells Fargo released mixed results for the fourth quarter on Friday, bringing the …
Read More »Wells beats Fargo’s earnings but mises revenue forecast
Wells Fargo ()Wfc) – Get Report Fourth quarter earnings are expected to be better, but the stock market declined after revenue came down after the forecast. The San Francisco-based bank reported net …
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 »Citigroup’s earnings Q4 2020
Jane Fraser, Latin American CEO at Citigroup Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Image Citigroup …
Read More »Citigroup’s earnings Q4 2020
Jane Fraser, Latin American CEO at Citigroup Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Image Citigroup …
Read More »JPMorgan earnings Q4 2020 beat profit and revenue projections
Jamie Dimon, CEO of JPMorgan Chase, appears on CNBC’s squawk box at the 2020 World Economic Forum in Davos, Switzerland on January 22, 2020. Adam Gallica | Cnbc JPMorgan Chase speculated for …
Read More »Analyst says TSMC’s 2021 capital spending plan could put pressure on earnings
SINGAPORE – The Taiwan Semiconductor Manufacturing Company (TSMC) faced earnings pressure after announcing the company’s large capital spending plans this year, an analyst told CNBC. After recording record fourth-quarter earnings on Thursday, …
Read More »Stocks give up, Biden stops lower as Stimulus plan
Stocks gained gains on Thursday and hit a low as investors awaited details of President-Elect Joe Biden Kovid-19 relief package. The Dow Jones Industrial Average went red in the last hour of …
Read More »Cut cash burn in half
A Delta Air Lines plane lands at Los Angeles International Airport Mario Tum | Getty Images Delta Air Lines halved its cash burn and reduced its losses in the fourth quarter as …
Read More »GameStop Stock Shorters as Short Sellers Take a Hit
Word size One of the co-founders of Chewy is joining the board of directors of GameStop. Gabriella Bhaskar / Bloomberg Short seller of GameStop Stock just squeezed. Shares of the videogame retailer …
Read More »