The company said it is close to being free cash flow positive and will consider returning cash to shareholders through buybacks.
Schlagwort-Archiv: Financial
Schwab earnings top estimates in first report since TD Ameritrade merger, accounts near 30 million
Schwab now operates nearly 29.6 million brokerage accounts. Assets grew to a record $6.69 trillion at the end of 2020.
Goldman Sachs crushes analysts‘ estimates on stronger-than-expected stock trading, investment banking
Goldman equities traders produced a 40% bump in revenue from a year earlier to $2.39 billion, exceeding expectations by nearly half a billion dollars.
Top Wall Street analysts back these stocks as earnings season kicks off
TipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks, like Intel and BioMarin.
A new activist takes on Exxon to reverse the oil giant’s underperformance
This is Engine No. 1’s first public campaign.
Fed’s Rosengren voices support for Biden stimulus proposal
Rosengren said he was comfortable with the action despite a nearly $2 trillion price tag that will take the government deeper into the red.
Jamie Dimon says JPMorgan Chase should absolutely be ’scared s—less‘ about fintech threat
Dimon’s blunt assessment was in response to questioning from analysts who pointed out the rich, tech-like valuations of fintech players.
Stocks making the biggest moves midday: Poshmark, JPMorgan, Wells Fargo, Zoom, Spotify & more
Check out the companies making headlines in midday trading.
Biden’s $400 unemployment boost would replace 86% of lost wages for many workers
President-elect Joe Biden’s $1.9 trillion Covid relief plan would raise jobless benefits by $400 a week, replacing 86% of lost wages for the average person.
Wells Fargo shares slide after fourth-quarter revenue falls short of expectations
Wells Fargo’s Q4 EPS of 64 cents exceeded Refinitiv’s estimate of 60 cents, but revenue of $17.93 billion fell short of the $18.127 billion forecast.