Banking & Finance

Is E*Trade Back on Track After Q3 Earnings?

Posted: October 18, 2019 at 11:35 am

When E*Trade Financial Corp. (NASDAQ: ETFC) released its third-quarter financial results after the markets closed on Thursday, the firm posted $1.08 in earnings per share (EPS) and $767 million in ...
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Morgan Stanley Cruises By With Strong Q3 Earnings

Posted: October 17, 2019 at 8:55 am

Morgan Stanley (NYSE: MS) released its third-quarter financial results before the markets opened on Thursday. The investment bank said that it had $1.27 in earnings per share (EPS) and $10.0 ...
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What to Watch When Morgan Stanley Reports Thursday Morning

Posted: October 16, 2019 at 12:55 pm

Morgan Stanley (NYSE: MS) is set to release its most recent quarterly results before the opening bell on Thursday. The consensus estimates are calling for $1.11 in earnings per share ...
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Why Bank of America’s $2 Billion Impairment Charge Didn’t Matter

Posted: October 16, 2019 at 7:45 am

Bank of America Corp. (NYSE: BAC) reported third-quarter 2019 results before markets opened Wednesday. The big bank reported diluted earnings per share (EPS) of $0.56 on revenue of $22.8 billion. ...
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If Warren Buffett Buys More Bank of America Shares, and Other Banks Too

Posted: October 15, 2019 at 3:49 pm

If bank earnings are not a good enough story on a strong day, imagine the reaction to news reports that Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A) want to ...
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What to Expect When Bank of America Reports Wednesday Morning

Posted: October 15, 2019 at 1:40 pm

Bank of America Corp. (NYSE: BAC) is scheduled to release its third-quarter financial results before the markets open on Wednesday. The consensus estimates are calling for $0.51 in earnings per ...
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Is Wells Fargo Back on Track After Earnings?

Posted: October 15, 2019 at 11:15 am

When Wells Fargo & Co. (NYSE: WFC) released its third-quarter earnings report before the opening bell on Tuesday, the mega bank said that it had $0.92 in earnings per share ...
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Goldman Sachs Trips Over the Bottom Line

Posted: October 15, 2019 at 9:45 am

Goldman Sachs Group Inc. (NYSE: GS) reported its most recent quarterly results before the markets opened on Tuesday. The investment house said that it had $4.79 in earnings per share ...
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Is Citigroup Getting Enough Credit for Q3 Results?

Posted: October 15, 2019 at 8:35 am

Citigroup Inc. (NYSE: C) released its third-quarter financial results before the markets opened on Tuesday. The bank said that it had $2.07 in earnings per share (EPS) and $18.60 billion ...
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How JPMorgan Boosted Q3 Profits Despite Low Interest Rates

Posted: October 15, 2019 at 7:45 am

JPMorgan Chase & Co. (NYSE: JPM) reported third-quarter 2019 results before markets opened Tuesday. The investment bank and financial services giant reported diluted earnings per share (EPS) of $2.68 on ...
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Is Facebook’s Libra on Its Deathbed, With So Many Partners Fleeing?

Posted: October 14, 2019 at 1:55 pm

The world seems to be entering a much more regulated area around technology, media and communications. When it comes to social media, there is the dominance of Facebook Inc. (NASDAQ: ...
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Major Bank Earnings to Watch Tuesday Morning

Posted: October 14, 2019 at 11:10 am

A handful of the major banks are reporting their most recent financial results on Tuesday morning. Most of these banks normally report on Friday, but this quarter they are changing ...
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Bank of America, Citigroup, Wells Fargo and More Major Banks Reporting This Week

Posted: October 13, 2019 at 6:45 am

Practically all the major banks are reporting their third-quarter financial results this week. In general, financial stocks have performed in line with the markets, despite a tumultuous China trade war. ...
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How Annaly Capital’s 11% Yield Could See Much More Upside

Posted: October 3, 2019 at 2:46 pm

Annaly Capital Management Inc. (NYSE: NLY) is classified in the mortgage-backed securities portion of real estate investment trusts. This MBS-REIT comes with a very high dividend yield, and despite having ...
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Online and Discount Trading Firms See More Carnage From Zero-Commission Efforts

Posted: October 2, 2019 at 1:10 pm

The world of trading stocks, bonds, mutual funds and exchange-traded funds has been an ever-changing landscape. Charles Schwab Corp. (NYSE: SCHW) came public in the 1980s and its model as ...
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