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July 15, 2020

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Goldman Sachs shares surge as earnings blow past the Street on the best trading results in years

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by CNBC00
CNBC – For more and to sign up click here David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs reported second-quarter earnings before the opening bell Wednesday. The bank earned $6.26 a share in the second......
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If Softbank spins off or sells Arm Holdings, one stock could lose, trader says

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by CNBC00
CNBC – For more and to sign up click here Softbank is reportedly looking to sell or spin off its chipmaker Arm Holdings, a company it acquired for more than $30 billion four years ago. BK Asset Management’s Boris Schlossberg said Arm could hurt one stock above others. “I think......
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Wall Street did something ‘highly unusual’ in Tuesday’s session, Jim Cramer says

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by CNBC07
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Coronavirus vaccine is closer than the market thinks, Wharton’s Jeremy Siegel predicts

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by CNBC05
CNBC – For more and to sign up click here Coronavirus vaccine is closer than the market thinks: Jeremy Siegel SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
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Dow futures jump 300 points after Moderna says its vaccine produces antibodies to coronavirus

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by CNBC05
CNBC – For more and to sign up click here Stock futures climbed higher in overnight trading on Tuesday after Moderna said its coronavirus vaccine produced antibodies in all patients in an early trial, raising hope for a faster economic recovery. Futures on the Dow Jones Industrial Average jumped 300......
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Fed’s Kaplan says the U.S. economy will see above-trend growth in 2021

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by CNBC06
CNBC – For more and to sign up click here Dallas Federal Reserve President Robert Kaplan said the U.S. economic growth will accelerate next year as the country rebounds from the coronavirus crisis. “In ’21, we will see an above-trend growth, and we will continue to grind down the unemployment......
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Despite a massive recession, JPMorgan Chase just posted record revenue — here’s how the bank did it

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by CNBC05
CNBC – For more and to sign up click here Despite recession, JPMorgan Chase just posted record revenue — here’s how they did it SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
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Wells Fargo reports $2.4 billion loss for the quarter, slashes dividend to 10 cents

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by CNBC05
CNBC – For more and to sign up click here Charles Scharf Michael Nagle | Bloomberg | Getty Images Wells Fargo on Tuesday posted its first quarterly loss since the financial crisis as the bank set aside $8.4 billion in loan loss reserves tied to the coronavirus pandemic. The bank had......
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Citigroup shares rise after bank reports better-than-expected earnings on strong trading results

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by CNBC08
CNBC – For more and to sign up click here Pedestrians walk past a Citibank branch in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Citigroup reported on Tuesday second-quarter results that surpassed analyst expectations thanks in part to a massive surge in trading revenue that helped offset a slowdown......
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JPMorgan Chase earnings are out – here are the numbers

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by CNBC017
CNBC – For more and to sign up click here Jamie Dimon, chief executive officer of JPMorgan Chase & Co. Giulia Marchi | Bloomberg | Getty Images JPMorgan Chase is scheduled to report second-quarter earnings before the opening bell on Tuesday. Here’s what Wall Street expects: Earnings: $1.04 per share,......
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Investors’ next high-yield bets should be on ocean sustainability, researchers say

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by CNBC010
CNBC – For more and to sign up click here Here’s the economic case for investing in oceans SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
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Bank earnings will deliver an upside surprise and help boost market, top strategist Art Hogan predicts

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by CNBC012
CNBC – For more and to sign up click here Bank earnings should deliver an upside surprise: Art Hogan SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
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Cramer’s earnings watch: ‘If the banks get hammered, things could get ugly’

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by CNBC00
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Stock futures rise ahead of bank earnings

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by CNBC014
CNBC – For more and to sign up click here U.S. stock futures moved higher in early trading and pointed to gains at the open on Tuesday, as investors eye earnings reports from some of the nation’s largest banks.  Dow futures rose 90 points. The S&P 500 and Nasdaq 100......
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