Wells Fargo posted its first quarterly loss since the financial crisis on rising provisions for defaults tied to the coronavirus pandemic.
Schlagwort-Archiv: Financial
Stocks making the biggest moves in the premarket: JPMorgan, Delta, Alphabet, Ford, Tesla & more
The stocks making the biggest moves in premarket trading include JPMorgan, Delta, Alphabet, Ford, Tesla, and more.
Wells Fargo shares tumble 8% after posting $2.4 billion loss, dividend slashed to 10 cents
Wells Fargo posted its first quarterly loss since the financial crisis on rising provisions for defaults tied to the coronavirus pandemic.
JPMorgan shares jump after record trading revenue drives stronger-than-expected second quarter profit
„Despite some recent positive macroeconomic data and significant, decisive government action, we still face much uncertainty regarding the future path of the economy,“ CEO Jamie Dimon said.
Wells Fargo shares tumble 8% after posting $2.4 billion loss, dividend slashed to 10 cents
Wells Fargo posted its first quarterly loss since the financial crisis on rising provisions for defaults tied to the coronavirus pandemic.
Delta cuts summer flying as demand stalls due to coronavirus, posts $5.7 billion quarterly loss
Delta deepened its losses because of the coronavirus pandemic.
Citigroup shares rise after bank reports better-than-expected earnings on strong trading results
Citigroup reported second-quarter results that surpassed analyst expectations thanks in part to a massive surge in trading revenue.
Bank earnings will deliver an upside surprise and help boost market, top strategist Art Hogan predicts
National Securities‘ Art Hogan is optimistic bank earnings will come in better than expected and help lift stocks.
New Hampshire investigates Merrill Lynch after clients allege $200 million in damages
New Hampshire is investigating Merrill Lynch and at least one former top broker over alleged churning of customer accounts.
Tesla jumps 12% on S&P 500 inclusion speculation – Now the 10th biggest US stock by market value
Tesla’s valuation has ballooned this year as shares continue their record climb.