In this article GS GSBD Follow your favorite stocksCREATE FREE ACCOUNT Goldman Sachs on Tuesday posted its largest earnings miss in a decade as revenue fell and expenses and loan loss provisions came in higher than expected. Here’s what the investment bank reported: related investing news Citi downgrades Morgan Stanley after earnings beat, says upside
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In this article PG Follow your favorite stocksCREATE FREE ACCOUNT Gillette Good News razors on display on January 28, 2005 in San Francisco. Justin Sullivan | Getty Images Procter & Gamble reported year-over-year declines in revenue and profit on Thursday, as higher prices look to offset declining sales volumes and foreign exchange headwinds. Here’s how
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Netflix added millions more subscribers in the fourth quarter than Wall Street expected, helping to send shares of the streamer up after the bell despite a big earnings miss. The company also disclosed that co-CEO Reed Hastings would
In this article MS Follow your favorite stocksCREATE FREE ACCOUNT A screen displays the trading information for Morgan Stanley on the floor of the New York Stock Exchange (NYSE), January 19, 2022. Brendan McDermid | Reuters Morgan Stanley reported fourth-quarter earnings on Tuesday that exceeded Wall Street expectations, boosted by the bank’s record wealth management
In this article UAL LUV Follow your favorite stocksCREATE FREE ACCOUNT A grounds crew member directs an United Airlines airplane to a gate at Terminal A at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Thursday, Jan. 12, 2023. Aristide Economopoulos | Bloomberg | Getty Images United Airlines‘ fourth-quarter profit and outlook
In this article BAC Follow your favorite stocksCREATE FREE ACCOUNT Brian Moynihan, CEO, Bank of America Scott Mlyn | CNBC Bank of America reported fourth-quarter results on Friday that showed higher interest rates helped the Wall Street giant make up for a sharp slowdown in investment banking. Here are the key metrics compared with what
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, DC, US, on Thursday, Oct. 13, 2022. Ting Shen | Bloomberg | Getty Images JPMorgan Chase on Friday posted fourth-quarter
In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT People walk past a Wells Fargo bank on 14th Street on December 20, 2022 in New York City. Michael M. Santiago | Getty Images Wells Fargo reported shrinking profits on Friday, weighed down by a recent settlement and the need to build up reserves amid
In this article C Follow your favorite stocksCREATE FREE ACCOUNT Citigroup said it had identified the cause of the flash crash and corrected the error “within minutes.” Jim Dyson | Getty Images News | Getty Images Citigroup said fourth-quarter net income decreased by more than 21% from a year ago as the bank set aside
In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT American Airlines shares surged Thursday after the carrier hiked its revenue and profit estimates for the fourth quarter thanks to strong demand and high fares. American stock gained nearly 10% to $16.83, its highest closing price since June and far outpacing other airlines’ shares, which
In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A man is seen at a Bed Bath & Beyond store in New York, on Jan. 5, 2023. Ziyu Julian Zhu | Xinhua News Agency | Getty Images Bed Bath & Beyond on Tuesday posted wider quarterly losses than expected as its chief executive acknowledged
In this article STZ Follow your favorite stocksCREATE FREE ACCOUNT A worker stacks cases of Constellation Brands’ Corona beer for delivery at the Euclid Beverage LLC warehouse in Peru, Illinois. Daniel Acker | Bloomberg | Getty Images Shares of Constellation Brands fell Thursday after the wine, beer and spirits company reported ongoing supply chain costs that