Banking & Finance

What Analysts Are Saying About PayPal After Earnings

When PayPal Holdings Inc. (NASDAQ: PYPL) reported its first-quarter financial results late on Wednesday, the numbers blew estimates out of the water. A few analysts have taken this opportunity to weigh in ...
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How New Prospects Are Pushing PayPal to New Highs

PayPal Holdings, Inc. (NASDAQ: PYPL) reported first quarter financial results after markets closed Wednesday. The company posted $0.44 in earnings per share (EPS) and $2.98 billion in revenue, versus consensus ...
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Ocwen Back on the Hot Seat as Regulators File Lawsuits

The federal Consumer Financial Protection Bureau (CFPB) and 22 state regulators on Thursday filed lawsuits and enforcement orders against Ocwen Financial Corp. (NYSE: OCN) alleging that the subprime mortgage loan ...
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Visa Wins Big on Big Bottom Line Beat

Visa Inc. (NYSE: V) reported fiscal second-quarter financial results after markets closed on Thursday. The company said that it had $0.86 in earnings per share (EPS) and $4.5 billion in revenue, ...
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Travelers Sinks After Missed Earnings

Travelers Companies Inc. (NYSE: TRV) reported its first-quarter financial results before the markets opened on Thursday. The company said that it had $2.16 in earnings per share (EPS) and $6.5 ...
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American Express Wins Big on Earnings Even Without Costco

American Express Co. (NYSE: AXP) reported first-quarter financial results after markets closed on Wednesday. The company posted $1.34 in earnings per share (EPS) and $7.89 billion in revenue, versus consensus ...
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Why Morgan Stanley Earnings Shattered Estimates

Morgan Stanley (NYSE: MS) reported first-quarter 2017 results before markets opened Wednesday. The big bank reported diluted earnings per share (EPS) of $1.00 on net revenue of $9.7 billion. In ...
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Bank of America Delivers Earnings Growth and Still at Discount to Book Value

Bank of America Corp. (NYSE: BAC) was expected to be the best exposed bank for rising interest rates and less government regulation. In fact, it has been the best performing of the ...
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Why Goldman Sachs Earnings Disappointed Investors

Goldman Sachs Group Inc. (NYSE: GS) reported first-quarter 2017 results before markets opened on Tuesday. The investment bank reported diluted earnings per share (EPS) of $5.15 on revenue of $8.03 ...
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What Default Rates on Subprime Auto Loans Are Telling Us

About 17% of all U.S. consumers are likely to default on a loan payment over the next year, according to a recent report from UBS. More interesting, perhaps, is who ...
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Will Alibaba Prevail in Bidding War for MoneyGram?

Alibaba Group Holding Ltd. (NYSE: BABA) wants to enter the U.S. market for financial services. To that end, the company's Ant Financial Services unit agreed in January to pay $880 ...
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Citi Beating Earnings, Still at Deep Discount to Book Value

Citigroup Inc. (NYSE: C) reported first-quarter 2017 results before markets opened Thursday. The global bank posted diluted quarterly earnings per share (EPS) of $1.35 on revenue of $18.1 billion. In ...
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JPMorgan Rises Slightly Despite Huge Earnings Beat

JPMorgan Chase & Co. (NYSE: JPM) reported its first-quarter financial results before the markets opened on Thursday. The company posted $1.65 in earnings per share (EPS) and $25.59 billion in ...
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Wells Fargo Sags as Expense Growth Tops Profit Growth

Wells Fargo & Co. (NYSE: WFC) reported fiscal 2017 first-quarter results before markets opened Thursday. The banking giant posted diluted earnings per share (EPS) of $1.00 on revenue of $22 ...
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Trump Softens on US Ex-Im Bank; Boeing, GE Smiling

In another reversal from his campaign rhetoric, President Donald Trump said in an interview Wednesday with The Wall Street Journal that he now supports the U.S. Export-Import Bank, calling it ...
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