Comerica (NYSE: CMA) reported first quarter 2020 earnings results today. The company reported a net loss of $65 million, or $0.46 per share, compared to a net income of $339 million, or $2.11 per share, last year.
Net interest income decreased $31 million to $513 million, reflecting the net impact of lower interest rates including deposit pricing and, to a lesser extent, lower average loan balances and one less day in the quarter.
Non-interest income dropped $29 million to $237 million, reflecting decreases of $8 million in commercial lending fees, $4 million in customer derivative income and $3 million in card fees.
Netflix (NASDAQ: NFLX) has for long been the undisputed king of the streaming space. The streaming industry is seeing massive growth with several new players entering the field. It also
The demand for services that involve minimal human interaction is on the rise as people continue to practice social distancing. Fastenal Co. (NASDAQ: FAST), a market-leading supplier of vending machines,
HEXO Corp. (NYSE: HEXO) reported its third-quarter 2021 earnings results today. Net revenue rose 2% year-over-year to CAD22.6 million. Net loss narrowed to CAD20.7 million from a loss of CAD19.5