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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

Wells Fargo profit beats forecasts as interest rates rise

Consumer banking giant Wells Fargo said its profits rose by 14% from a year earlier, helped by higher interest rates which offset the restrictions put on the bank's businesses after years of scandal......»»

Category: topSource: moneycentralApr 12th, 2019

Wells Fargo Reports Q1 Earnings Beat, Stock Ticks Higher

Wells Fargo & Co (NYSE: WFC) reported Friday first-quarter results that helped boost shares for the struggling bank. read more.....»»

Category: blogSource: benzingaApr 12th, 2019

Wells Fargo Reports Q1 Earnings Beat, Stock Ticks Higher

Wells Fargo & Co (NYSE: WFC) reported Friday first-quarter results that helped .....»»

Category: earningsSource: benzingaApr 12th, 2019

Bad weather and reorganization costs ding UPS earnings

UPS reports weak first quarter profit on flat revenue and higher costs. .....»»

Category: topSource: moneycentralApr 25th, 2019

JPMorgan, Wells Fargo Issue Mixed Q1 Reports; Analysts Weigh In

Shares of big U.S. banks Wells Fargo & Co (NYSE: WFC) and JPMorgan Chase & Co. (NYSE: JPM) headed in different directions Friday after the banks reported mixed first-quarter earnings. We.....»»

Category: earningsSource: benzingaApr 15th, 2019

Wells Fargo 1Q profit rises 14 percent, tops estimates

SAN FRANCISCO — Wells Fargo is reporting first-quarter profit of $5.86 billion, up from $5.14 billion a year ago......»»

Category: topSource: foxnewsApr 12th, 2019

Wells Fargo shares rise 2.3% premarket as profit and revenue top estimates

Wells Fargo & Co. shares rose 2.3% in premarket trade Friday, after the bank beat profit and revenue estimates for the first quarter. San Fr.....»»

Category: topSource: marketwatchApr 12th, 2019

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

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

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

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

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

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

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