69.4 F
New York
September 17, 2021

Bank of America Corp

Analysts explain how the Apple-Epic court ruling could affect Google

CNBC
CNBC – For more and to sign up click here The logo of Google Play is seen on a screen. Alexander Pohl | NurPhoto | Getty Images Wall Street analysts on Monday began to provide early reactions into how a recent ruling in Epic’s lawsuit against Apple might impact Google.......

Affirm shares soar after Amazon partnership that lets consumers buy expensive things in installments

CNBC
CNBC – For more and to sign up click here An Amazon employee sorts boxes before loading them onto trucks for shipping at Amazon.com’s fulfillment Center in Fernley, Nevada. Ken James | Bloomberg | Getty Images Shares of Affirm on Monday jumped more than 44% after the buy now, pay......

As Warren Buffett turns 91, the legendary investor prepares Berkshire Hathaway for a new economy

CNBC
CNBC – For more and to sign up click here Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway’s annual meeting in 2019. Scott Morgan | Reuters Now 91, Warren Buffett is taking steps to make sure that Berkshire Hathaway......

Bank of America says chief operating officer Tom Montag is leaving at the end of the year

CNBC
CNBC – For more and to sign up click here Thomas Montag Source: Bank of America Two trusted deputies of Bank of America CEO Brian Moynihan will depart at the end of the year, setting up a succession race among the company’s top managers. Tom Montag, 64, who is chief......

Biden to host tech, finance and energy CEOs for security summit at White House following wave of cyberattacks

CNBC
CNBC – For more and to sign up click here U.S. President Joe Biden delivers remarks on the coronavirus disease (COVID-19) response and vaccination program during a speech in the East Room at the White House in Washington, August 18, 2021. Elizabeth Frantz | Reuters President Joe Biden will meet......

Consumers did great job paying down credit card debt during pandemic. That may be ending

CNBC
CNBC – For more and to sign up click here Santiaga | iStock | Getty Images Ask a consumer expert what would happen with credit card loan balances during a recession and the answer wouldn’t be that balances decline sharply and Americans avoid a wave of card delinquencies. But that’s......

Wall Street employees begin to mask up again as Citigroup tells workers of new mandate

CNBC
CNBC – For more and to sign up click here Traders wearing masks work inside posts, on the first day of in-person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26,......

What to look out for as Europe’s earnings season begins, according to the experts

CNBC
CNBC – For more and to sign up click here Bull and bear sculptures in front of the German stock exchange in Frankfurt, Germany. Kai Pfaffenbac | Reuters Europe’s corporate earnings season began in earnest last week, with analyst consensus projecting a 140% year-on-year increase in earnings per share for......

Stocks making the biggest moves midday: Boeing, Carnival, Goldman Sachs and more

CNBC
CNBC – For more and to sign up click here Employees work in the cargo hold of a Boeing 737 MAX 9 test plane outside the company’s factory, on March 14, 2019 in Renton, Washington. Stephen Brashear | Getty Images News | Getty Images Check out the companies making headlines......

It’s been 12 years since the last federal minimum wage increase. Where efforts to raise the pay rate stand

CNBC
CNBC – For more and to sign up click here A restaurant worker at a May 26, 2021 “Wage Strike” demonstration organized by One Fair Wage in Washington, D.C. Anna Moneymaker | Getty Images News | Getty Images The coronavirus crisis has cast new attention on wages and income. It’s......

Morgan Stanley is set to report second-quarter earnings – here’s what the Street expects

CNBC
CNBC – For more and to sign up click here James Gorman, chairman and chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview in Beijing, China, May 30, 2019. Giulia Marchi | Bloomberg | Getty Images Morgan Stanley is set to report second-quarter earnings before the opening......

Stock futures are flat ahead of more earnings and jobs data

CNBC
CNBC – For more and to sign up click here Traders on the floor of the New York Stock Exchange. Source: NYSE U.S. stock futures were steady in overnight trading on Wednesday as investors readied for more corporate earnings and labor market data. Dow futures fell just 10 points. S&P......

Stocks making the biggest moves premarket: Bank of America, BlackRock, Delta, Peloton and more

CNBC
CNBC – For more and to sign up click here Check out the companies making headlines before the bell: Bank of America (BAC) – Bank of America shares slid 2.2% in the premarket after it reported a quarterly profit of $1.03 per share, including a one-time tax benefit. The consensus......

Bank of America shares dip after second quarter revenue misses expectations

CNBC
CNBC – For more and to sign up click here Brian Moynihan, CEO, Bank of America Scott Mlyn | CNBC Bank of America shares dropped after posting second-quarter revenue below analysts’ expectations. Here’s how the bank did: Earnings: $1.03 a share, including a one-time $2 billion tax benefit. It wasn’t......

Stock futures mostly flat ahead of bank earnings

CNBC
CNBC – For more and to sign up click here The Goldman Sachs booth on the floor of the New York Stock Exchange Getty Images U.S. stock futures were mostly flat on Monday night after the Dow Jones Industrial Average rose to almost 35,000 ahead of the second-quarter earnings season......

Stock futures open mostly flat ahead of the kickoff of earnings season

CNBC
CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange. NYSE Stock futures opened mostly flat late Sunday as earnings season kicks off this week. Futures on the Dow Jones Industrial Average added 25 points, or 0.07%. S&P 500......

Watch out for this pitfall heading into the second-quarter earnings season, says CFRA Research

CNBC
CNBC – For more and to sign up click here It’s the countdown to the second-quarter earnings season. The big banks dominate the calendar in coming days, with JPMorgan, Goldman Sachs, Citigroup and Bank of America all reporting on their recent quarter. Sam Stovall, chief investment strategist at CFRA Research,......

Cramer’s week ahead: Next week sets the tone for all of earnings season

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Friday looked ahead to the start of earnings season, focusing on quarterly reports from the big banks and other companies in the packaged foods and travel industries. The “Mad Money” host’s lookahead came after stocks rallied hard on Wall Street......

Earnings season begins in the week ahead with eye-popping growth set to validate market’s 2021 run

CNBC
CNBC – For more and to sign up click here Traders on the floor of the New York Stock Exchange, June 25, 2021. Source: NYSE Second-quarter earnings reporting season gets underway in the week ahead and eye-popping results could validate a market that continues to easily shake off any concerns......

Wells Fargo tells customers it’s shuttering all personal lines of credit

CNBC
CNBC – For more and to sign up click here A pedestrian wearing a protective mask walks past a Wells Fargo & Co. bank branch in New York, U.S., on Thursday, July 9, 2020. Peter Foley | Bloomberg | Getty Images Wells Fargo is ending a popular consumer lending product,......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More