Wells Fargo posted its first quarterly loss since the financial crisis on rising provisions for defaults tied to the coronavirus pandemic.
Schlagwort-Archiv: Markets
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.
China says the latest U.S. move is aggravating tensions in the South China Sea
The U.S. State Department said Monday that „Beijing’s claims to offshore resources across most of the South China Sea are completely unlawful, as is its campaign of bullying to control them.“
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.
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.
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.