Bank of America tops profit estimates on better-than-expected interest income
Bank of America topped estimates for third-quarter profit on Tuesday on stronger-than-expected interest income. Here’s what the company reported: Profit…
Goldman Sachs tops estimates on stronger-than-expected bond trading
Goldman Sachs posted third-quarter profit and revenue Tuesday that exceeded analysts’ estimates on stronger-than-expected trading revenue. Shares of the bank…
Pfizer slashes full-year earnings and revenue guidance as Covid treatment, vaccine sales slump
Pfizer on Friday slashed its full-year earnings and revenue guidance and launched a $3.5 billion cost-cutting plan due to waning…
Citigroup reports better-than-expected revenue for the third quarter
Citigroup reported its third-quarter results on Friday morning, with solid growth in both institutional clients and personal banking fueling higher-than-expected…
Wells Fargo shares rise after third-quarter results top Wall Street expectations
Wells Fargo on Friday surpassed Wall Street expectations for third-quarter earnings and revenue as the benefit from higher interest rates…
JPMorgan Chase tops profit expectations on higher rates, benign credit
JPMorgan Chase on Friday topped analysts’ estimates for third-quarter profit and revenue as the bank generated more interest income than…
Dollar General stock jumps after it brings back former CEO to jolt slowing sales growth
Dollar General’s former CEO Todd Vasos is coming out of retirement to helm the company, which aims to rebound from…
Interest rates take center stage with banks set to report quarterly results
Bank stocks remain under pressure due to high interest rates as financial firms like Club holdings Wells Fargo (WFC) and…
