Morgan Stanley tops estimates on better-than-expected bond trading revenue
Morgan Stanley on Wednesday topped estimates for first-quarter profit and revenue on better-than-expected trading results. Here’s how the company did:…
Bank of America customers are spending more and that’s supporting U.S. employment, CEO says
Bank of America‘s customers are spending freely on dining, entertainment and other experiences, which in turn supports U.S. employment, CEO…
Stocks making the biggest moves midday: Southwest Airlines, Goldman Sachs, Bellus Health and more
Check out the companies making headlines in midday trading. Lockheed Martin – Shares of the aerospace and defense contractor gained…
Bank of America CEO Brian Moynihan says he sees a relatively mild recession
Bank of America CEO Brian Moynihan said Tuesday he sees only a slight recession hitting the U.S. as consumers remain…
Stocks making the biggest moves premarket: Johnson & Johnson, Goldman Sachs, Sunrun and more
Check out the companies making headlines before the bell on Tuesday. Goldman Sachs — The investment bank said first quarter…
Bank of America posts first-quarter results that top expectations on higher rates
Bank of America on Tuesday reported first-quarter earnings and revenue that topped expectations on the back of higher interest rates.…
Goldman Sachs misses revenue estimates after taking $470 million hit on Marcus loans
Goldman Sachs posted first-quarter results Tuesday that missed analysts’ expectations for revenue after taking a $470 million hit tied to…
JPMorgan Chase posts record revenue on higher interest rates; shares jump 7%
JPMorgan Chase posted record first-quarter revenue on Friday that topped analysts’ expectations as net interest income surged almost 50% from…
Warren Buffett says we’re not through with bank failures
Investing legend Warren Buffett believes there could be more bank failures down the road, but depositors should not ever be…
