Market News
Wells Fargo shares rise 2% as fourth-quarter revenue tops estimate
CNBC - 14 Jan 2022 14:54
The fourth biggest U.S. bank by assets posted quarterly revenue that exceeded analysts' expectations.
What To Expect From BNY Mellon Stock In Q4?
Forbes - 14 Jan 2022 14:00
BNY Mellon is scheduled to report its fiscal Q4 2021 results on Tuesday, January 18, 2022. We expect BNY Mellon to remain marginally below the consensus estimates for revenues and earnings. The custody banking giant post...
Dogecoin, Citigroup, Novavax, Las Vegas Sands: What to Watch When the Stock Market Opens Today
Wall Street Journal - 14 Jan 2022 13:55
Tesla made some of its merchandise available for purchase with dogecoin; Major bank earnings are rolling in.
Eye-Care Company Bausch & Lomb Files for IPO
Wall Street Journal - 14 Jan 2022 02:59
Its parent company, Bausch Health Cos., said in 2020 that it planned to spin off the eye-care business.
If The Fed Is Wrong On Inflation It Will Drive The Economy Into A Ditch
Forbes - 14 Jan 2022 22:53
The Fed can do little to solve the supply chain problems that are pushing up inflation. If they fight the wrong battle, the Fed may end up slowing the economy too much and bringing the 10-year stock market rally to an en...
Shifting Corporate Governance Standards: Staying Ahead Of The Curve
Forbes - 14 Jan 2022 19:28Netflix Reports After The Close On 1/20 -- Options Contracts Expire The Next Day
Forbes - 14 Jan 2022 19:26Bank Investors Must Wait for the Benefits of Rising Interest Rates
Wall Street Journal - 14 Jan 2022 19:13
JPMorgan is poised to benefit from rate increases, but for now like other banks faces headwinds in areas such as credit cards and expenses
Here's Why Big Bank Stocks Like JPMorgan Are Struggling Despite Solid Earnings
Forbes - 14 Jan 2022 18:54
The first major bank earnings show hints of rising expenses and "inflationary pressures."
How a Flood of Money Swamped Cathie Wood's ARK
Wall Street Journal - 14 Jan 2022 18:00
The ARK Innovation ETF posted big returns, and big money followed. Now it's the latest example of what happens when a fund becomes too large for its own good.
Markets Edge Lower As Retails Sales Slump 1.9% And Banks Report A Solid Quarter
Forbes - 14 Jan 2022 17:41
Markets Edge Lower As Retails Sales Slump 1.9% And Banks Report A Solid Quarter
How Your Student Loans Can Qualify For $1.7 Billion Of Student Loan Forgiveness
Forbes - 14 Jan 2022 17:29Bond History Doesn't Apply Coming Off The Zero Bound
Forbes - 14 Jan 2022 17:17An Endemic Pandemic Can Also Make Airlines Symptomatic
Wall Street Journal - 14 Jan 2022 17:03
Delta Air Lines' latest outlook confirms that Omicron probably won't derail the travel recovery, but recurrent Covid-19 setbacks are still bad news for carriers.
Billionaire Bankman-Fried's FTX Launches $2 Billion Crypto Fund Amid Venture's Massive Deal Boom
Forbes - 14 Jan 2022 16:53Wells Fargo's Quarterly Profit Soars 86%
Wall Street Journal - 14 Jan 2022 16:52
The bank's revenue rose 13%, beating expectations. It also released money it had set aside for pandemic loan losses.
Citigroup's Quarterly Profit Falls 26%
Wall Street Journal - 14 Jan 2022 16:48
The bank has been shedding many international consumer operations in an attempt to simplify its business and boost profitability.
JPMorgan's Quarterly Profit Drops 14%
Wall Street Journal - 14 Jan 2022 16:46
The nation's biggest bank earned a record $48.3 billion in 2021, compared with the pre-pandemic high of $36.4 billion in 2019. But trading, which helped power results, is coming off its frantic pace.
Citigroup shares slide after fourth-quarter profit declines 26%
CNBC - 14 Jan 2022 15:35
Citigroup shares were under pressure Friday after the banking giant reported a steep profit drop for the fourth quarter.
Carnival Stock Is Trending Higher Despite Covid Surge. Should You Buy?
Forbes - 14 Jan 2022 15:30Energy Crunch Hammers French Nuclear Giant EDF
Wall Street Journal - 14 Jan 2022 15:16
A decision by the French government to block the utility from fully passing on soaring energy prices to consumers has hit the company's shares.
How to invest in silver with minimal hassle and diversify your portfolio
livemint.com - 14 Jan 2022 15:01
Silver ETF is a commodity based ETF offered by mutual fund houses wherein 95% of the corpus is invested in silver or silver related derivative products