Banking & Finance

Money close-up

Cigna Slumps Despite Q1 Earnings Beat

Cigna Corp. (NYSE: CI) reported its first-quarter financial results before the markets opened on Friday. The company posted $2.32 in earnings per share (EPS) on $9.92 billion in revenue. That compared ...
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Currency

$9.9 Trillion in Global Sovereign Debt Has Negative Yield

Fighting deflation has a cost, and as of April 25 that cost is negative interest rate yields on $9.9 trillion in global sovereign debt. Of the total, $6.8 trillion is ...
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Dividend-Paying REITs to Become Their Own Sector: Managers May Be Forced to Buy

Wall Street money managers are all about weightings in their portfolios, and currently most are underweight the real estate investment trust (REIT) arena, on average by about 3.3%. That could ...
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RBC Says Buy Any Pullbacks: Market Still Going Higher

If there is one thing that is clearly evident on Wall Street this year, it is that there is some very divergent thought among the major firms we cover. Some ...
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crash

How On Deck Tripped Over Earnings and Guidance

On Deck Capital Inc. (NYSE: ONDK) took a beating on Tuesday morning after reporting less than favorable earnings after the markets closed on Monday. The company had a net loss of ...
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AIG Sinks on Missed Earnings

American International Group, Inc. (NYSE: AIG) reported first-quarter financial results after markets closed on Monday. The company had $0.65 in earnings per share (EPS) and did not immediately disclose its ...
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Why Analysts Are Chasing PayPal Targets Ever Higher

PayPal Holdings Inc. (NASDAQ: PYPL) reported better than expected earnings in its quarterly report, sending shares up as much as 3% on Thursday. The company still struggles to get the ...
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hammer and nail

FINRA’s First Report Cards on Spoofing and Layering

FINRA, the Financial Industry Regulatory Authority, has issued its first cross-market report cards covering the acts of spoofing and layering orders. These are common complaints about high frequency trading and ...
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Traffic jam

Uber, Autos and Oil Are Responsible for Capital One Earnings Miss

Capital One Financial Corp. (NYSE: COF) reported earnings Tuesday, April 26, missing estimates by eight cents a share, or 4%. The stock fell over 1.5% in afterhours trading. The miss though ...
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Money close-up

Will Comerica Be Able to Sell Itself?

Comerica Inc. (NYSE: CMA) is one of the many banks that have not seen their shares fully recover from the highs prior to the Great Recession. Despite a 3% share ...
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What Analysts Are Saying About American Express After Earnings

American Express Co. (NYSE: AXP) released its first-quarter earnings report after the markets closed on Wednesday. A fair number of analysts were impressed by these results and decided to weigh ...
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coins

Synchrony Financial Still Rises on Mixed Earnings

Synchrony Financial (NYSE: SYF) reported its first-quarter financial results before the markets opened on Friday. The company said it had $0.70 in earnings per share (EPS) on $2.9 billion in ...
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Credit cards

Visa Sinks Despite Positive Earnings

Visa Inc. (NYSE: V) released fiscal second-quarter earnings report after the markets closed on Thursday. The company had $0.68 in earnings per share (EPS) on $3.6 billion in revenue versus ...
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credit cards

What to Expect From Visa Earnings

Visa Inc. (NYSE: V) is scheduled to report its fiscal second-quarter financial results after the markets close on Thursday. The consensus estimates from Thomson Reuters are calling for $0.67 in ...
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American Express

Is American Express Back in Favor After Earnings?

American Express Co. (NYSE: AXP) reported its first-quarter earnings report after the markets closed on Wednesday. The credit card giant said it had $1.45 in earnings per share (EPS) on ...
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