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Dallas is best place for Amazon’s second headquarters, Wall Street Journal says

Dallas is the best place in North America for Amazon’s new headquarters, according to a Wall Street Journal analysis released Friday that cites North Texas’ large tech workforce as the main draw. Dallas beat out the other 20 metro areas that Se.....»»

Category: topSource: bizjournalsJan 26th, 2018

Morgan Stanley beats on earnings despite big hit to trading revenue (MS)

Getty Morgan Stanley released fourth-quarter earnings Thursday, and, like the rest of the big Wall Street banks, it beat analyst expectations. The bank reported adjusted earnings of $0.84 a share; analysts had been expecting Morgan Stanley to pro.....»»

Category: topSource: businessinsiderJan 18th, 2018

KBW Downgrades Citi On "Meaningful Gap" In Outlook

Citigroup Inc (NYSE: C) reported fourth-quarter results Tuesday that beat top- and bottom-line expectations, but the results led at least one Wall Street analyst to turn neutral on the bank stock.  Latest Ratings for C .....»»

Category: blogSource: benzingaJan 17th, 2018

Tech, industrials lead Wall Street higher, banks drop

(Reuters) - Wall Street's main indexes rose on Wednesday, led by gains in technology and industrial stocks, but losses in Goldman Sachs and Bank of America dragged down bank shares......»»

Category: topSource: reutersJan 17th, 2018

Citigroup reports $18 billion loss on one-time tax items

Citigroup Inc posted an $18-billion quarterly loss on Tuesday because of charges related to a new U.S. tax law, but its adjusted earnings beat Wall Street expectations and management signaled that the bank may soon lift financial performance targets......»»

Category: topSource: moneycentralJan 16th, 2018

Wall Street, not Main Street, is big tax winner

Wall Street is the slam-dunk winner from the tax law. Despite a flurry of bonuses and wage hikes, the jury is still out on how much workers will benefit in the long run......»»

Category: topSource: cnnJan 15th, 2018

Wall Street, not Main Street, is the big tax winner

Wall Street is the slam-dunk winner from the tax law. Despite a flurry of bonuses and wage hikes, the jury is still out on how much workers will benefit in the long run......»»

Category: topSource: cnnJan 14th, 2018

Wall Street surges as consumer and bank stocks gain

(Reuters) - Wall Street's main indexes surged on Friday as strong results for JPMorgan lifted financial stocks and robust retail sales data drove gains in consumer stocks......»»

Category: topSource: reutersJan 12th, 2018

Wall Street higher as consumer and bank stocks gain

(Reuters) - Wall Street's main indexes were higher on Friday as strong December retail sales data drove gains in consumer stocks and bank results pushed up the financial sector......»»

Category: topSource: reutersJan 12th, 2018

Wall Street edges higher as healthcare, bank stocks gain

(Reuters) - Wall Street's main indexes edged higher on Tuesday as healthcare and bank stocks gained in the run up to the quarterly earnings season that is set to start later this week......»»

Category: topSource: reutersJan 9th, 2018

The Wall Street Journal: Bank of America to give $1,000 bonuses to about 145,000 employees after tax overhaul

Bank of America said it would pay one-time $1,000 bonuses to more than half of its employees in response to the new tax legislation, in the footsteps of similar moves by AT&T, Comcast and Fifth Third Bancorp......»»

Category: topSource: marketwatchDec 22nd, 2017

Energy and financials power Wall Street"s rise

NEW YORK (Reuters) - The three main U.S. stock indexes rose on Thursday, boosted by bank and energy stocks as investors bet on more economically sensitive sectors......»»

Category: topSource: reutersDec 21st, 2017

Wells Fargo bankers overcharged clients for higher bonuses

Evidence that embattled bank Wells Fargo had swindled some of its clients emerged in a conference call led by its managers, The Wall Street Journal reported......»»

Category: topSource: moneycentralNov 28th, 2017

Goldman"s earnings beat forecasts despite trading drop

Goldman Sachs' third-quarter profits fell 3 percent from a year earlier as the trading desks at Wall Street's biggest investment bank were weighed down by a slow summer that also affected most of its competition......»»

Category: topSource: moneycentralOct 17th, 2017

Goldman Sachs 3Q results beat forecasts despite trading drop

Goldman Sachs' third-quarter profits fell 3 percent from a year earlier, as the trading desks at Wall Street's biggest investment bank were weighed down by a slow summer that also impacted most of its competition......»»

Category: topSource: foxnewsOct 17th, 2017

Wall St higher as bank stocks rebound, Apple gains

A recovery for U.S. banking stocks allied to a 1.5 percent gain for Apple prodded Wall Street's main indexes higher in early afternoon trading on Monday......»»

Category: topSource: foxnewsOct 16th, 2017

Wall Street higher as bank stocks rebound, Apple gains

(Reuters) - A recovery for U.S. banking stocks allied to a 1.5 percent gain for Apple prodded Wall Street's main indexes higher in early afternoon trading on Monday......»»

Category: topSource: reutersOct 16th, 2017

Bank of America beats on earnings (BAC)

REUTERS/Shannon StapletonBank of America Merrill Lynch beat Wall Street estimates for third.....»»

Category: topSource: businessinsiderOct 13th, 2017

Tight leash on costs helps Citigroup trump Wall Street view

(Reuters) - Citigroup Inc's quarterly profit and revenue beat Wall Street expectations as the bank kept a tight lid on costs, booked a gain from an asset sale and saw strength in equity underwriting......»»

Category: topSource: reutersOct 12th, 2017

Analyst Tips His Cap To Red Hat After Yet Another Beat And Raise Quarter

Red Hat Inc (NYSE: RHT) reported Monday an encouraging earnings beat that sent shares higher by more than 4 percent Tuesday. But not all of Wall Street were sufficiently impressed to be recommending the stock, including Bank of America'.....»»

Category: earningsSource: benzingaSep 26th, 2017