Wells Fargo reported disappointing earnings for the third quarter as low rates put pressure on the bank’s net interest income.
Kategorie-Archiv: CNBC Financial News
Goldman Sachs wallops profit estimates on stronger-than-expected bond trading
Godlman generated $3.62 billion in profit, or $9.68 a share, exceeding the $5.57 per share estimate of analysts surveyed by Refinitiv.
Wells Fargo earnings fall short of estimates as low rates hit interest income
Wells Fargo reported disappointing earnings for the third quarter as low rates put pressure on the bank’s net interest income.
Bank of America shares dip as the lender, pressured by low rates, misses on third-quarter revenue
Bank of America’s revenue was hit by falling interest rates.
CEO of world’s biggest money manager sees ‚more to go on the upside‘ for the stock market
„We have a strong conviction that the average investor still is under-invested,“ BlackRock CEO Larry Fink told CNBC.
Citigroup earnings top Street estimates as credit costs from the pandemic stabilize
„We continue to navigate the effects of the COVID-19 pandemic extremely well. Credit costs have stabilized; deposits continued to increase,“ CEO Michael Corbat said.
‚Get long‘ — Cramer sees coronavirus trends driving stocks higher no matter who wins election
„There are enough trends out there, established by Covid, that just say, ‚Get long. And the No. 1, of course, is the internet just plowing through,“ CNBC’s Jim Cramer said on Monday.
JPMorgan beats analysts’ profit estimates as the bank sets aside less for loan losses
JPMorgan Chase posted earnings that beat analysts‘ estimates for the top and bottom lines.
Citigroup earnings top Street estimates as credit costs from the pandemic stabilize
„We continue to navigate the effects of the COVID-19 pandemic extremely well. Credit costs have stabilized; deposits continued to increase,“ CEO Michael Corbat said.
Stocks making the biggest moves premarket: Johnson & Johnson, Blackrock, JPMorgan Chase
These are the stocks posting the largest moves before the bell.