Megabank JPMorgan on Tuesday reported surprise second-quarter beats on both the top and bottom lines. Will the rest of the banking industry follow?
Paul Ausick 24/7 Wall St. has put together a preview of Bank of America, Citigroup and some of the other major financial companies kicking off the new earnings reporting season.
Thursday's top analyst upgrades and downgrades included Alibaba, Bank of America, Beyond Meat, Chipotle Mexican Grill, First Solar, Microsoft, Plug Power, Square, Tesla and Valero Energy.
Wednesday's top analyst upgrades and downgrades included Altria, Apple, Caterpillar, Citigroup, JPMorgan, Nikola, Nokia, Novavax, Transocean, Valero Energy, Walt Disney and Wells Fargo.
Tesla shares have continued a rise, lifting its market cap to within striking distance of that of JPMorgan, America's largest bank.
The Federal Reserve has created a formula to determine whether a bank can pay third-quarter dividends. Of the nation's eight largest banks, seven have said they will pay their dividends.
24/7 Wall St. reviewed the cap on bank stock dividends by looking at it on those paid in the second quarter and being given a further limit based on recent earnings.
As of the most recently reported period, short sellers still favored Exxon, Pfizer and Microsoft above all other Dow stocks.
When the economy went into panic mode and the insta-recession was becoming unavoidable, many major companies and small companies alike began taking immediate action to either maintain strong liquidity or they took…
JPMorgan reported disappointing first-quarter financial results before the markets opened on Tuesday, but investors were not too put off by the report.
Chris Lange Investors have begun trying to position themselves for the rest of 2020 in a post-bull market climate. One haven for investors throughout good times and hard times has been companies with safe…
Earnings season is just around the corner. In fact, it kicks off Tuesday, when JPMorgan and Wells Fargo report before the opening bell.
24/7 Wall St. has put together a preview of those Dow companies scheduled to report their quarterly results this week, including Johnson & Johnson and JPMorgan.
The start of 2020 felt like a virtual Goldilocks period for the major U.S. banks, but the COVID-19 recession has changed all of that drastically. Interest rates were stable at the start…
Everything was looking perfect for the banks at the start of 2020. Interest rates were expected to remain stable for the year, business was booming and regulators seemed to be easing up.…
