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Consumer banking powers BofA profit beat

(Reuters) - Bank of America Corp's profit surged 15 percent in the third quarter as higher U.S. interest rates boosted income from consumer banking and the lender also met its own target on cost control......»»

Category: topSource: reutersOct 13th, 2017

Goldman"s bond trading drops, BofA boosts profit

Goldman Sachs reported a forty percent drop in bond trading revenue, and Bank of America beat on consumer banking and cost cuts. Roselle Chen reports......»»

Category: videoSource: reutersJul 18th, 2017

3M"s stock jumps after profit and revenue rise above expectations

Shares of 3M Co. rallied 1.6% in premarket trade Tuesday, after the industrial, safety and consumer products company beat profit and revenue expectations, and raised its earnings outlook. Net inco.....»»

Category: topSource: marketwatchOct 24th, 2017

Does P&G's $2.9B profit signal faster turnaround?

The consumer products giant's first-quarter results were released 10 days after the company narrowly beat back a proxy challenge from Nelso.....»»

Category: topSource: usatodayOct 20th, 2017

Johnson & Johnson"s stock jumps after profit and sales beat, raised outlook

Shares of Johnson & Johnson rallied 1.4% in premarket trade Tuesday, after the drug and consumer products company beat third-quarter earnings expectations and raised its full-year outlook. N.....»»

Category: topSource: marketwatchOct 17th, 2017

Best Buy"s Online Business Powers Sales Growth

Best Buy’s stock climbed as much as 5% in premarket trading Tuesday as it delivered second-quarter revenue and profit that beat analysts’ expectations. But shares were recently down ahead of the market open......»»

Category: smallbizSource: wsjAug 29th, 2017

J.M. Smucker profit and sales beat expectations, boosted by its consumer foods and coffee business

J.M. Smucker Co. reported Thursday a fiscal first-quarter net profit that fell to $196.7 million, or 96 cents a share, from $246.1 million, or $1.61 a share, in the same period a year ago. Excluding non-recurring items, .....»»

Category: topSource: marketwatchJun 8th, 2017

BofA Completes Transformation with Credit Card Business Sale

BofA (BAC) closed the deal to divest its U.K. consumer credit card operations, MBNA Ltd. to Lloyds Banking Group plc (LYG). As part of its efforts to transform into “a single-brand business se.....»»

Category: topSource: zacksJun 2nd, 2017

Dollar General beats on earnings and revenue (DG)

Business Insider/Hayley Peterson(Reuters) - Dollar General Corp's profit and sales beat analysts' estimates, as the Dollar-store chain operator benefited from higher consumer spending at its stores and lower advertising costs. T.....»»

Category: smallbizSource: nytJun 1st, 2017

Best Buy"s stock rockets after profit and sales beat, upbeat guidance

Shares of Best Buy Co. Inc. soared 10% in premarket trade Thursday, after the consumer electronics retailer beat profit expectations, reported a surprise increase same-store sales and provided an upbeat outlook. The n.....»»

Category: topSource: marketwatchMay 25th, 2017

Trading powers BNP Paribas profit

BNP Paribas has reported a 4.4 percent rise in quarterly profit, topping analysts' expectations. As Laura Frykberg reports, a surge in fixed income and equities trading helped offset weaker retail banking in France and Italy where revenue fell......»»

Category: videoSource: reutersMay 3rd, 2017

3M"s Stock Jumps After Profit And Sales Rise Above Expectations

Shares of 3M Co. surged 1.9% in premarket trade Tuesday, after the diversified industrial and consumer products company beat first-quarter profit and sales expectations......»»

Category: topSource: foxnewsApr 25th, 2017

BofA posts solid growth boosted by trading, rates

(Reuters) - Bank of America Corp's quarterly profit rose 44 percent as its investment banking and trading units produced hefty gains, and higher long term interest rates also underpinned results for the second-largest U.S. bank......»»

Category: topSource: reutersApr 18th, 2017

BofA beats estimates on strength in trading, investment banking

(Reuters) - Bank of America Corp reported a higher-than-expected jump in quarterly profit as trading surged and the lender earned more from underwriting debt and equity offerings and advising on deals......»»

Category: topSource: reutersApr 18th, 2017

BofA"s profit boosted by surge in trading, investment banking

(Reuters) - Bank of America reported a higher-than-expected jump in quarterly profit as bond trading surged and the lender earned more from advising on debt and equity offerings and deals......»»

Category: topSource: reutersApr 18th, 2017

JPMorgan beats profit forecasts, helped by interest rates

JPMorgan Chase reports first-quarter earnings that easily beat analysts' estimates, helped by the steady climb of interest rates from a year earlier as well a solid performance in investment banking.....»»

Category: topSource: abcnewsApr 13th, 2017

General Mills beats profit expectations but sales fall shy

Shares of General Mills Inc. fell 0.8% in premarket trade Tuesday, after the branded consumer foods company reported a fiscal third-quarter profit that beat expectations but sales that fell a bit shor.....»»

Category: topSource: marketwatchMar 21st, 2017

P&G reports $ 7.9 billion profit, ups sales outlook

Consumer giant beat Wall Street expectations.         Consumer giant beat Wall Street expectations.        .....»»

Category: topSource: usatodayJan 20th, 2017

Best Buy"s stock soars after results and profit outlook beat expectations

Shares of Best Buy Co. Inc. soared 7.5% in premarket trade Thursday, after the consumer electronics retailer reported fiscal third-quarter profit and sales that beat expectations, and provided an upbeat earnings outlook. For the quarter ended Oct. 29, ea.....»»

Category: topSource: marketwatchNov 17th, 2016

"Suicide Squad" powers Time Warner"s profit, revenue beat

(Reuters) - Time Warner Inc , which has agreed to be acquired by telecommunications company AT&T Inc , on Wednesday reported results that topped Wall Street expectations, helped by the success of its superhero movie "Suicide Squad.".....»»

Category: topSource: yahooNov 2nd, 2016

"Suicide Squad" powers Time Warner"s profit, revenue beat

(Reuters) - Time Warner Inc , the media company being bought by AT&T Inc , reported a better-than-expected quarterly profit and revenue on Wednesday, helped by the box office success of superhero movie "Suicide Squad"......»»

Category: topSource: reutersNov 2nd, 2016