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Finance

Earnings preview: PayPal to cash in on strong user base, volumes in Q2

PayPal Holdings (Nasdaq: PYPL) has stayed on a steady growth trajectory so far this year as the payment services platform…

Visa stock reaches new all-time high ahead of Q3 earnings results

Payment gateway firm Visa Inc (NYSE: V) is set to report its third quarter 2019 earnings results coming Tuesday after…

Earnings: American Express Q2 results beat on strong card member spending; reaffirms FY19 outlook

Revenues of credit card company American Express (NYSE: AXP) increased in the second quarter and surpassed the estimates, driving the…

BlackRock misses street estimates in Q2

Investment management firm BlackRock Inc (NYSE: BLK) reported second-quarter revenues that fell 2% year-over-year to $3.52 billion, hurt by lower…

Regions Financial’s Q2 earnings match expectations but revenue misses

Regions Financial Corporation (NYSE: RF) reported second quarter 2019 earnings that were in line with estimates but revenues fell short…

Morgan Stanley Q2 earnings, revenue fall on trading slump but beat Street view

Investment banking firm Morgan Stanley (NYSE: MS) reported a decline in second-quarter earnings and revenues amid continued weakness in the…

Blackstone’s Q2 results beat market expectations

Blackstone (NYSE: BX) beat analysts’ forecasts for revenue and earnings for the second quarter of 2019, giving the stock a…

Strong loan growth drives NII for US Bancorp in Q2

US Bancorp (NYSE: USB) reported second-quarter earnings results that surpassed Wall Street estimates, despite headwinds associated with a low-interest-rate environment.…

Bank of America Q2 earnings top estimates, revenues miss

Bank of America (NYSE: BAC) reported higher earnings and revenues for the second quarter. While earnings exceeded the market’s expectations,…

PNC Financial Q2 profit rises 1%, beats estimates

PNC Financial Services Group (NYSE: PNC) reported a 1% rise in earnings for the second quarter of 2019 helped by…

Bank of New York Mellon beats Q2 earnings estimates; revenues in-line

The Bank of New York Mellon Corporation (NYSE: BK) topped analysts’ forecasts on earnings for the second quarter of 2019…

Earnings preview: Here’s what to expect when American Express reports Q2 results

American Express Company (NYSE: AXP) is scheduled to report second quarter 2019 earnings results on Friday, July 19, before market…

Earnings preview: Morgan Stanley to feel the pinch of trading weakness in Q2

Morgan Stanley (NYSE: MS) had a slow start to 2019 after its fourth quarter was marred by the slump in…

Wells Fargo stock drops despite topping Q2 estimates

Wells Fargo (NYSE: WFC) reported EPS of $1.30 on revenue of $21.6 billion for its second quarter ended June 30,…

Charles Schwab tops Q2 earnings estimates; revenues come in line

The Charles Schwab Corporation (NYSE: SCHW) beat earnings estimates for the second quarter of 2019 while revenue matched expectations. Shares…

Goldman Sachs Q2 earnings, revenue decline but beat estimates

Goldman Sachs (NYSE: GS) reported a 3% drop in second-quarter earnings, hurt by a decline in revenues. The results, however,…

JPMorgan Chase beats in Q2 on tax benefit

JPMorgan Chase & Co (NYSE: JPM) reported higher earnings on modest growth in revenues during the second quarter, despite headwinds associated…

Earnings preview: Wall St expects a lackluster Q2 from Bank of America

Bank of America (NYSE: BAC) is slated to report second-quarter financial results before the opening bell on Wednesday, July 17.…

Citigroup beats market expectations on Q2 results

Citigroup Inc. (NYSE: C) topped market estimates on revenue and earnings for the second quarter of 2019. Analysts had forecast…

Earnings preview: Sentiment mixed as Citigroup prepares to kick off bank earnings

When Citigroup (NYSE: C) kicks off bank earnings next week, the market will be closely following the event for insights…

How to play JPMorgan Chase Q2 earnings results

Investors are cautiously waiting as major US banks prepare to announce their quarterly results in a low-interest rates environment.  JPMorgan…