Banking & Finance - Page 2

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Wells Fargo Delivers On Its Dividend Hike

Wells Fargo & Company (NYSE: WFC) is now the least pressured of the four money-center banks as far as regulators are concerned. We had known previously that Federal Reserve had ...
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Are Associated Estates Shareholders Getting Enough in the Buyout?

With every acquisition that comes out, there is always the question of whether shareholders get enough in the deal. When Associated Estates Realty Corp. (NYSE: AEC) announced that it was ...
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Should Fannie Mae and Freddie Mac Really Be AAA Rated?

Fitch Ratings recently reaffirmed the sovereign ratings of the United States of America as being AAA for the long-term foreign and local currency Issuer Default Ratings (IDRs). That call was ...
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Trading Revenues Boost Morgan Stanley Earnings

Morgan Stanley (NYSE: MS) reported first-quarter 2015 results before markets opened Monday. The big bank reported adjusted diluted earnings per share (EPS) of $1.14 on revenue of $9.8 billion. In ...
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Maybe Merrill Lynch Was Right on Synchrony Earnings

Synchrony Financial (NYSE: SYF) reported its first-quarter financial results before the markets opened Friday. The company had $0.66 in earnings per share (EPS) and $2.6 billion in revenue, compared to ...
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Global Bank Account Owners Rise 700 Million

The number of global bank account holders increased by 700 million recently, which is good news for banks and bad news for consumers who pay fees for maintaining these accounts. Gallup researchers ...
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American Express Earnings Dogged by Currency Headwinds

American Express Co. (NYSE: AXP) reported its first quarter financial results Thursday after the markets closed as $1.48 in earnings per share (EPS) and $7.95 billion in revenue compared to ...
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Goldman Sachs

Goldman Sachs Earnings Lives Up to Golden Slacks Nickname

Goldman Sachs Group Inc. (NYSE: GS) has reported its first-quarter earnings for 2015, and it looks as though the firm is living up to the name Golden Slacks. Net revenue ...
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Cost-Cutting Drives Citigroup Earnings

Citigroup Inc. (NYSE: C) reported first-quarter 2015 results before markets opened Thursday. The investment bank and financial services giant reported adjusted diluted earnings per share (EPS) of $1.52 on revenue ...
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What Is the Right Age to Get a Credit Card?

More than a third of 18- to 29-year-olds (affectionately known as millennials) do not have a credit card. Whether that is due to choice or legal restrictions is arguable, but ...
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Expenses Limit US Bancorp Profits

U.S. Bancorp (NYSE: USB) reported first-quarter 2015 results before markets opened Wednesday. The consumer and commercial banking company reported adjusted diluted quarterly earnings per share (EPS) of $0.76 on revenue ...
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Bank of America

Bank of America Makes Earnings Confusing With Reporting of Charges

Bank of America Corp. (NYSE: BAC) has reported that its first quarter of 2015 brought net income of $3.4 billion. This generated earnings of $0.27 per share, on revenues of ...
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Bank of America Earnings Preview: More Like JPMorgan or Wells Fargo?

Both JPMorgan Chase & Co. (NYSE: JPM) and Wells Fargo & Co. (NYSE: WFC) reported earnings just the day before Bank of America Corp. (NYSE: BAC). Both banks that already ...
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Can Wells Fargo Earnings Justify Massive Book Value Premium?

Wells Fargo & Co. (NYSE: WFC) reported its first-quarter financial results Tuesday before the markets opened. The bank of Warren Buffett had $1.04 in earnings per share (EPS) on $21.3 ...
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How Volatility Pushed JPMorgan Earnings Higher

JPMorgan Chase & Co. (NYSE: JPM) reported first-quarter fiscal 2015 results before markets opened Tuesday. The investment bank and financial services giant reported adjusted diluted quarterly earnings per share (EPS) ...
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