Banking & Finance

Goldman Sachs Adds $25 Billion in Assets for $750 Million

One of the country's biggest banks, Goldman Sachs Group Inc. (NYSE: GS), announced Thursday morning that it has agreed to acquire privately held wealth management firm United Capital Financial Partners ...
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FINRA Brings Additional Rules to Protect Investors Against Troubled Brokers

Brokerage firms with a history of misconduct or that employ a high number of brokers and advisors with red flags may about to face even more regulatory scrutiny. FINRA has ...
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Why Square’s Q1 Beat Was Not Enough for Investors

Square Inc. (NYSE: SQ) released first-quarter financial results after markets closed Wednesday. The company said that it had $0.11 in earnings per share (EPS) and $489 million in revenue, compared ...
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What to Expect When Square Reports After the Close

Square Inc. (NYSE: SQ) is scheduled to release its first-quarter financial results after the markets close on Wednesday. The consensus estimates are calling for $0.08 in earnings per share (EPS) ...
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Why Warren Buffett May Buy More Bank Stocks Rather Than Make Large Share Buybacks

Berkshire Hathaway Inc. (NYSE: BRK-A) is a bit of an enigma when it comes to a traditional company. The company is the largest conglomerate of all, with a $533 billion ...
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Can American Express Q1 Results Lift Shares to New High?

When American Express Co. (NYSE: AXP) released its first-quarter financial results before the markets opened on Thursday, the company posted $2.01 in earnings per share (EPS) and $10.36 billion in ...
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Should Synchrony Financial Get More Credit for Q1 Results?

Synchrony Financial (NYSE: SYF) released its first-quarter financial results before the markets opened on Thursday. The company said that it had $1.00 in earnings per share (EPS) and $4.79 billion ...
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Bank of New York Mellon Signals Dark Yield Curve Clouds in Trust and Custodial Companies

It's unusual to see shares of Bank of New York Mellon Corp. (NYSE: BK) have a huge post-earnings reaction. After all, the 235-year-old bank is the top custodial player with ...
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What to Expect When American Express Reports Thursday

American Express Co. (NYSE: AXP) is scheduled to release its first-quarter earnings report before the markets open on Thursday. Consensus estimates are calling for $1.98 in earnings per share (EPS) ...
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Were Morgan Stanley’s Q1 Earnings Good Enough?

Morgan Stanley (NYSE: MS) released its first-quarter financial results before the markets opened on Wednesday. The investment bank said that it had $1.33 in earnings per share (EPS) and $13.56 ...
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BlackRock Dominates ETFs as Management Fees and Expense Ratios See Ongoing Pressure

BlackRock Inc. (NYSE: BLK) saw its shares rally after reporting first-quarter earnings for 2019. While the underlying earnings report matters for BlackRock shareholders, there is a broader issue to consider ...
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How Buffett and Berkshire Hathaway Complicate Top Financial ETFs

At the start of every earnings season, the investing community gets to see how the strength of the banking industry has been since the prior reports. This is where the ...
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Where Bank of America’s Record Income Was Derailed

Bank of America Corp. (NYSE: BAC) posted fiscal first-quarter 2019 results before markets opened Tuesday morning. The big bank reported diluted earnings per share (EPS) of $0.70 on revenue of ...
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Do Multiple Analyst Downgrades Signal a Bottom for Wells Fargo?

Wells Fargo & Co. (NYSE: WFC) was not viewed as an earnings season winner after it released its first-quarter results for 2019 on Friday. In fact, its shares fell by ...
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What to Watch When Bank of America Reports Tuesday

Bank of America Corp. (NYSE: BAC) is scheduled to release its second-quarter financial results before the markets open on Tuesday. The consensus estimates are calling for $0.65 in earnings per ...
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