Banking & Finance

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Citigroup Earnings in Line, Revenues Lag

Citigroup Inc. (NYSE: C) reported fourth-quarter and full-year 2016 results before markets opened Wednesday morning. The global bank posted diluted quarterly earnings per share (EPS) of $1.14 on revenue of $17.0 ...
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Goldman Sachs

Goldman Sachs Earnings Boosted by Lower Litigation Expenses

For much of 2016, shares of Goldman Sachs Group Inc. (NYSE: GS) were among the worst performers on the Dow Jones Industrial Index. Then came the election of Donald Trump ...
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American Express Leads DJIA Stocks for Analyst Upgrades List in 2017

If you have followed the saga of American Express Co. (NYSE: AXP) for the past decade, you have probably noticed that it has migrated from an enviable company with a ...
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What to Expect From 2 Megabanks Reporting Wednesday

The U.S. economy is building momentum, and a large part of this has been the financial sector. A couple megabanks that have contributed massively to the rally are looking to report ...
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piggy bank

Morgan Stanley Posts Solid Win in Q4

Morgan Stanley (NYSE: MS) posted its fourth-quarter financial results before the markets opened on Tuesday. The company said that it had $0.81 in earnings per share (EPS) and $9.0 billion ...
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Closed

As Wells Fargo Closes 400 Branches, Other Banks May Follow

Wells Fargo & Co. (NYSE: WFC) continues to be plagued by a scandal caused by employees who opened fake customer accounts, estimated to be as many as 2 million. The ...
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Bank of America Continues Its Run After Q4 Win

The recent rate hike from the U.S. Federal Reserve might have been too late to impact the fourth-quarter of the major banks, but it sets an optimistic outlook for the ...
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Online lending

How JPMorgan Solidified Its Position With Q4 Earnings

The U.S. economy is building momentum and a large part of this has been the financial sector. One megabank has not only contributed to the rally but will be well ...
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Wells Fargo Earnings Helped by Loan Growth, Higher Interest Rates

Wells Fargo & Co. (NYSE: WFC) reported fiscal fourth-quarter and full-year results before markets opened Friday morning. The banking giant posted diluted earnings per share (EPS) of $0.96 on revenue ...
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piggy bank

What to Expect From Bank Earnings Friday

Three of the major U.S. banks are releasing their fourth-quarter earnings reports before the markets open on Friday. Generally speaking, financial stocks have made solid gains through the end of ...
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Why 2017 to 2018 Could Be Boom Time for Private Equity

With the bull market nearing eight years old, it has been impossible to ignore the stock market rally since the election in November. Investors are cheering that the Dow Jones Industrial ...
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What to Expect From 3 Major Bank Earnings

Three of the major banks are reporting their fourth-quarter financial results before the markets open on Friday. In general, financial stocks have made solid gains through the end of 2016, ...
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Money

The Bull-Bear Case for DJIA Financial Stocks in 2017: Amex, Goldman Sachs, JPMorgan, Visa, Travelers

Now that 2016 has ended and 2017 has begun, it is important to reflect on what has been seen and what should be expected in the year ahead. The Dow ...
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Goldman Sachs

4 Top Banks to Buy With Potential to Beat Q4 Expectations

Despite the bank stocks taking off after the election in early November, one huge wild card remains out there for investors that hold or are considering adding some of the ...
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bank building

Deutsche Bank Out With 4 Top Financial Stocks to Buy for 2017

For most of 2016, the financials lagged the overall market, but after the presidential election they took off like they were shot out of a cannon. The combination of the ...
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