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Wells Fargo, haunted by scandal, reports higher third-quarter profit

Wells Fargo reported an increase in third-quarter net income compared with a year ago, but missed Wa.....»»

Category: topSource: usatodayOct 12th, 2018

Warren Buffett’s Wells Fargo Rises on Strong 3rd-Quarter Net Interest Income

Bank reports key net interest income drivers in credit card and consumer loan businessesCheck out Warren Buffett Stock Picks » Download GuruFolio Report of Warren Buffett (Updated on 10/11/2018), Check out .....»»

Category: personnelSource: nytOct 12th, 2018

Wells Fargo CEO Tim Sloan: Progress "demonstrates how hard our team is working"

Wells Fargo & Co. (NYSE: WFC) showed improvement in its third-quarter earnings report, and Chief Executive Tim Sloan remains positive on what's to come for the San Francisco-based bank. Wells Fargo reports $6 billion in net income in the third quarter, .....»»

Category: topSource: bizjournalsOct 12th, 2018

Wells Fargo 3Q profit rises to $6 bln but misses estimates

Wells Fargo & Co. says third-quarter net income rose to $6.01 billion from $4.54 billion a year earlier......»»

Category: topSource: foxnewsOct 12th, 2018

Wells Fargo quarterly profit rises 32 percent

Wells Fargo & Co posted a 32 percent rise in third-quarter profit on Friday, helped by an increase in net interest income and lower expenses......»»

Category: topSource: reutersOct 12th, 2018

Navistar profit surges higher

Navistar International's quarterly profit quadrupled and beat analysts' estimates for the fifth straight quarter. Fred Katayama reports......»»

Category: videoSource: reutersSep 6th, 2018

Tyson Foods Reports Higher Profit as Sales Tick Up

Tyson Foods reported that its third-quarter profit rose from a year ago, a week after announcing it was trimming its outlook for the year because of factors including commodity market volatility and tariffs......»»

Category: smallbizSource: wsjAug 6th, 2018

Wells Fargo (WFC) Q2 Earnings Miss, Fee Income Disappoints

Wells Fargo (WFC) reports negative earnings surprise of 3.6% in second-quarter 2018 due to lower mortgage banking revenues. Impacted by l.....»»

Category: personnelSource: nytJul 13th, 2018

Profit surges at JPMorgan, Citi

Quarterly profit surged at JPMorgan and Citigroup on the back of a strengthening economy. But as Fred Katayama reports, Wells Fargo's results threw cold water on the parade......»»

Category: videoSource: reutersJul 13th, 2018

Shaky results from Wells Fargo and other banks hit US stocks

U.S. stock indexes are slightly lower Friday morning as investors aren't finding much to get excited about in second-quarter reports from big banks like JPMorgan and Wells Fargo......»»

Category: topSource: foxnewsJul 13th, 2018

Wells Fargo profit and revenue fall below expectations, but salaries and commissions rise

Wells Fargo & Co.'s second-quarter earnings and revenue fell below expectations, but that didn't stop the bank from boosting employee salaries and commissions. The stock dropped 3% in premarket tra.....»»

Category: topSource: marketwatchJul 13th, 2018

Wells Fargo profit misses estimates on lower loans, higher expenses

Wells Fargo & Co on Friday reported a bigger-than-expected drop in quarterly profit, as lending activity slowed and it recorded higher expenses......»»

Category: topSource: reutersJul 13th, 2018

Bank Earnings: What to Expect from JPMorgan, Wells Fargo, and Citigroup

The flattening of the yield curve, trading volumes, M&A fees and regulation will be factors in banks' second-quarter reports......»»

Category: blogSource: barronsJul 12th, 2018

AUO reports better-than-expected profits for 1Q18

AU Optronics (AUO) has reported higher-than-expected net profit of NT$4.31 billion (US$145.2 million) for the first quarter of 2018, up 2.7% from a quarter earlier but down 54.5% from a year earlier......»»

Category: topSource: digitimesMay 1st, 2018

Earnings Outlook: GM earnings are likely to show a profit decline amid flagging sales and higher costs

General Motors Co. is likely to report dwindling first-quarter profits when it reports Thursday amid falling U.S. car sales and rising raw-materials prices......»»

Category: topSource: marketwatchApr 24th, 2018

UBS Q1 profit jumps but outlook disappoints

UBS, Switzerland's biggest bank, posts a 19 percent rise in first-quarter net profit, helped by higher income from its investment bank amid a pickup in global market volatility. But as Silvia Antonioli reports, their shares still fell......»»

Category: videoSource: reutersApr 23rd, 2018

IBM Reports Higher Revenue, Profit Down

International Business Machines Corp. reported its second consecutive quarter of higher revenue after nearly six years of declines, a sign that Chief Executive Ginni Rometty’s slow-moving turnaround may be taking hold......»»

Category: smallbizSource: wsjApr 17th, 2018

Wells Fargo profit up, faces possible $1 billion settlement

Wells Fargo's profit jumped 6 percent during the first quarter, but that may be revised following an offer by federal regulators to settle a host of investigations into the consumer banking giant at a cost of $1 billion......»»

Category: topSource: foxnewsApr 13th, 2018

Three big U.S. banks report earnings

Quarterly profit at JPMorgan Chase missed expectations, Wells Fargo and Citi beat on profits. Aleksandra Michalska reports. Video provided by Reute.....»»

Category: topSource: usatodayApr 13th, 2018

Three big U.S. banks report earnings

Quarterly profit at JPMorgan Chase missed expectations, Wells Fargo and Citi beat on profits. Aleksandra Michalska reports......»»

Category: videoSource: reutersApr 13th, 2018

Asset manager BlackRock reports 26.8 percent rise in first-quarter profit

(Reuters) - BlackRock Inc , the world's largest asset manager, on Thursday reported a 26.8 percent rise in first-quarter profit, helped by lower tax rate and higher advisory fees......»»

Category: topSource: reutersApr 12th, 2018