Wall Street trading and investment banking has helped the big banks this quarter, and Goldman Sachs results showed why they are a leader in those areas.
Kategorie-Archiv: CNBC Financial News
Fed Governor Waller sees need for ‚more caution‘ ahead when lowering interest rates
Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September.
Citigroup earnings top estimates, boosted by investment banking
The bank’s third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.
Goldman Sachs beats on profit and revenue as stock trading and investment banking boost results
Wall Street trading and investment banking has helped the big banks this quarter, and Goldman Sachs results showed why they are a leader in those areas.
Walgreens says it will close 1,200 stores by 2027, as earnings top estimates
The drugstore chain Walgreens said it plans to close roughly 1,200 stores over the next three years, which includes 500 closures in fiscal 2025 alone.
Bank of America tops estimates on better-than-expected trading revenue
Bank of America benefited from its Wall Street trading and banking divisions in the third quarter, just as rival JPMorgan Chase did.
Ericsson shares jump 10% on third-quarter beat, growth in North America sales
Shares of Swedish telecom firm Ericsson jumped amid third-quarter core earnings that surpassed analyst expectations and growth North American demand.
China’s exports and imports grew far less than expected in September
China was expected Monday to report a slowdown in export growth in September versus August.
China’s Ministry of Finance is taking aim at local debt problems before tackling broader economic challenges
In his opening remarks on Saturday, Minister of Finance Lan Fo’an laid out four measures, starting with increasing support for local governments in resolving debt risks.
Top Wall Street analysts prefer these dividend stocks for steady income
TipRanks‘ analyst ranking service pinpoints Wall Street’s best-performing stocks, including McDonald’s and AT&T.