|Day Low/High||48.86 / 50.16|
|52 Wk Low/High||43.02 / 66.31|
Banks' quarterly reports mean quarterly grades are due.
Bank of America, Citigroup, JPMorgan and Wells Fargo reported their fourth-quarter earnings and each traded higher. The rebound was driven by oversold technicals and cheap fundamentally.
Wells Fargo & Company (NYSE:WFC), NeighborWorks® America, and Neighborhood Housing Services of Los Angeles County today announced the NeighborhoodLIFT® program will expand in Los Angeles County with a $9.
KeyCorp expected to see revenue rise 2.1% to $1.6 billion.
Railroad operator beats both earnings and revenue estimates in latest quarter.
We will be watching the market and earnings warily and making prudent moves.
Unfavorable earnings reports, indications of a weaker manufacturing sector and concerns about trade talks have us watching the market warily.
Revenue rise expected to push PNC earnings to $2.79 a share for latest quarter.
Goldman Sachs Group revenue is expected to fall 4.3% to $7.5 billion.
Bank of America Revenue Expected to Rise 9.5% to $22.3 billion.
Wells Fargo CEO Tim Sloan says the Federal Reserve sanctions that have weighed on the scandal-plagued bank will last through the rest of this year, sending the stock tumbling. The comments came after the bank earlier Tuesday reported a decline in fourth-quarter profit.
The Dow Jones Industrial Average is rising Tuesday and the Nasdaq closed in the green for the first time in three sessions.
During this historic Federal Government shutdown, Wells Fargo & Company (NYSE: WFC) is offering relief to impacted customers and community members.
I continue to have a very difficult time finding individual stocks that I want to buy at this juncture.
U.S. stock futures come off highs following a weaker-than-expected fourth-quarter earnings report from JPMorgan Chase; Wells Fargo and UnitedHealth report earnings Tuesday; Ford is expected to unveil a trans-Atlantic alliance with Volkswagen at the Detroit Auto Show.
Do we have to run for the hills? Not necessarily.
Wells Fargo & Company (NYSE:WFC): Full year 2018 financial results: Net income of $22.
U.S. equity futures slipped lower Tuesday, following a softer session in European stocks triggered by weaker economic growth from Germany, after a weaker-than-expected fourth quarter earnings report from JPMorgan Chase.
Financials, airlines and healthcare companies are set to report their latest quarterly results on Tuesday.
Citi overcame a mixed print to send its stock surging on Monday.
Stocks fall as weak trade data from China adds yet another level of concern over the health of the world's second-largest economy. Citigroup's earnings beat estimates but revenue comes in light.
If one is betting on a sustained surge from Citi, bigger banks could be bullish bets.
Most of the reasons banks have done poorly relative to broad benchmarks are overstated.
Besides being balance sheet sound, JPM stands atop the pile in terms of profit margin, PEG Ratios, and price to book ratio.
U.S. stock futures fall on Monday and global stocks retreat following surprisingly weak trade data from China; Citigroup will issue its fourth-quarter earnings report on Monday, kicking off a heavy weak of results from the big-cap banks; Newmont Mining reaches deal to buy Goldcorp for $10 billion in stock.
Citigroup bats lead-off for the banks, who as a group will bat lead-off for the entire sphere of public equities.
Bank earnings kick off bright and early next week.
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