Finance
BB&T beats Q4 earnings estimates; revenues miss
BB&T Corporation (BBT) topped market expectations on earnings for the fourth quarter of 2018 but revenues came in shy of…
Financial giant Morgan Stanley posts Q4 earnings below market expectations
Volatile global market environment pushed fourth-quarter revenue and profit of Morgan Stanley (MS) below Street expectations, as the financial giant reported…
Fiserv’s $22-bln buyout of First Data will redefine fintech, payment processing
After a year of hectic M&A activity, more US companies are taking the consolidation route to streamline operations and enhance…
Goldman Sachs jump 3% after beating street projections in Q4
Banking giant Goldman Sachs (GS) on Wednesday smashed past analysts’ estimates for the fourth quarter. The company reported quarterly earnings…
PNC Financial fails to meet Street’s expectations in Q4
The PNC Financial Group (PNC) reported Q4 earnings and revenue that missed analysts' predictions. The company reported earnings of $2.75…
Bank of New York Mellon Q4 profit falls; adj. earnings increase
The Bank of New York Mellon Corp. (BK) reported lower earnings for the fourth quarter, despite an increase in revenues.…
US Bancorp Q4 profit rises 10%, beats estimates
US Bancorp (USB) reported a 10% growth in earnings for the fourth quarter of 2018 helped by higher revenue and…
BlackRock earnings fall short of estimates in the fourth quarter
BlackRock, Inc. (BLK) on Wednesday reported underwhelming financial results for the three months ended December 31, 2018, before the market…
First Republic Bank stock rallies after Q4 results beat estimates
Earnings of First Republic Bank (FRC) increased and exceeded expectations in the fourth quarter, reflecting a sharp growth in interest…
Wells Fargo Q4 profit drops 1% but beats estimates
Wells Fargo (WFC) reported a 1% decline in earnings for the fourth quarter due to lower market sensitive revenue, mortgage…
JPMorgan beats estimates on Q4 revenues but misses on earnings
JPMorgan Chase & Company (JPM) reported better-than-expected revenues for the fourth quarter of 2018 but missed estimates on earnings. The…
Earnings preview: Weakness in trading business may drag Goldman’s Q4 results
For most financial service companies, which are reporting their latest quarterly results, the main concern is the ongoing softness in…
Earnings preview: Higher costs likely to dampen BlackRock’s Q4 results
BlackRock Inc. (BLK) will report earnings results for the fourth quarter of 2018 on Wednesday, January 16. Wall Street expects…
Earnings preview: Bank of America to benefit from trading in Q4
Bank of America (BAC) is set to report its earnings for the fourth quarter on Wednesday before the bell. Investors…
Earnings preview: Wall St to measure Wells Fargo’s confidence in Q4
Amidst escalating geo-economic tensions, Wells Fargo (WFC) is scheduled to report fourth quarter results on Tuesday, January 15. The Wall…
Citigroup Q4 revenue drops on weak bond trading; earnings beat
Citigroup (C) reported an increase in fourth-quarter earnings, which also exceeded market expectations, mainly reflecting the bank’s cost-cutting initiatives. Revenues,…
Earnings preview: JPMorgan will brave global headwinds in Q4
JPMorgan Chase (JPM) is scheduled to report fourth-quarter results on Tuesday, January 15, amidst high global economic tension and increasing…
Antero Resources tweaks 2019 production outlook after oil prices slump
With oil and natural gas prices slumping, Antero Resources Corp (AR) cut its 2019 drilling and completion budget. On a…
Roku stock gains sharply, buoyed by robust user growth in Q4
Shares of TV-streaming service Roku, Inc. (ROKU) rose sharply Monday after the management released its bullish estimate for the fourth…
Activist investor wants changes at Dollar Tree, including sale of Family Dollar
Hedge fund Starboard Value LP has taken a 1.7% stake, valued at around $370 million, in Dollar Tree Inc. (DLTR)…