State Street"s stock extends fall toward 3-year low after warning on net interest income

Shares of State Street Corp. slumped 0.4% in afternoon trade Wednesday toward a three-year low, extending losses after the fi.....»»

Category: topSource: marketwatchJun 12th, 2019

State Street Q4 net interest income $636 mln vs. $697 mln a year ago; FactSet consensus $618.3 mln

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchJan 17th, 2020

State Street Faces More Yield Curve Woes

State Street Corporation (NYSE: STT) had to worry about the yield curve after all. The trust and custodial bank has warned second quarter net interest income was going to fall short of expectations.........»»

Category: blogSource: 247wallstJun 12th, 2019

One Wall Street firm thinks the coronavirus-roiled stock market could fall another 20% this year

Reuters / Cheryl Ravelo-Gagalac Research provider TS Lombard sa.....»»

Category: topSource: businessinsiderApr 6th, 2020

Wall Street futures fall as coronavirus toll rises, China plans return to work

U.S. stock futures fell on Sunday after China's death toll from the coronavirus outbreak exceeded the global total from the SARS epidemic and as authorities prepared for millions of people to return to work after an extended Lunar New Year break......»»

Category: topSource: reutersFeb 9th, 2020

State lawmakers propose stock buyback tax that could raise billions from Wall Street

City paid to preserve or build nearly last year, breaking a record for new-built dwellings, officials said Monday. The overall t… from 34,000 in 2018 but , according to city statistics. The 2019... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 7th, 2020

5 Top Income Stocks That Could Soar in 2020 as Interest Rates Plunge

These five stock income ideas are rated Buy by major Wall Street firms and offer consistent and dependable dividends. They are good choices for income-seeking investors with a higher risk tolerance......»»

Category: blogSource: 247wallstJan 24th, 2020

Wall Street ticks lower as FedEx warns on profit; Fed on tap

U.S. stocks edged lower at open on Wednesday, pressured by FedEx's warning on full-year profit, while investors waited for the Federal Reserve's decision on interest rates......»»

Category: topSource: reutersSep 18th, 2019

Futures rebound after Wall Street"s worst day of 2019

U.S. stock index futures signaled a bounce on Tuesday, as China stepped in to steady the yuan and investors sought beaten-down stocks, a day after Wall Street's main indexes racked up their steepest one-day percentage fall of the year......»»

Category: topSource: reutersAug 6th, 2019

Asia Markets: Asian shares mostly fall as new stock market debuts in Shanghai

Asian shares were mostly lower Monday after Wall Street ended last week lower as investors continue to watch for what may be in store for U.S. interest rates......»»

Category: topSource: marketwatchJul 22nd, 2019

Wells" Interest Income Tumbles In Urgent Warning How Fed Will Cripple US Banks

Earlier this morning, JPMorgan hinted at the pain that banks will soon suffer as a result of sharply lower interest rates, when it cuts its Net Interest Income forecast by $500MM to $79.5 billion, sending its stock lower. However, it was We.....»»

Category: blogSource: zerohedgeJul 16th, 2019

Global stocks gain, dollar weakens after Fed signals possible rate cuts

A gauge of global stock markets strengthened on Wednesday, bolstered by gains on Wall Street, and benchmark U.S. Treasury yields and the dollar dropped after the Federal Reserve signaled possible interest rate cuts over the rest of this year......»»

Category: topSource: reutersJun 19th, 2019

Stock market extends fall as Mueller says charging president was "not an option we could consider"

U.S. stock benchmarks midday Wednesday extend losses after Robert Mueller III, the special counsel, made his first public statements after concluding a two-year inves.....»»

Category: topSource: marketwatchMay 29th, 2019

Nordstrom stock slides as sales miss extends retail rout

Nordstrom Inc. stock falls more than 9% in the extended session Tuesday after the retailer reports first-quarter sales below Wall Street expectations, admits to missteps with its customers, and trims its outlook for the year......»»

Category: topSource: marketwatchMay 21st, 2019

State Street sticks to hiring freeze as revenue, profits fall

State Street Corp. on Tuesday reported year-over-year decreases in revenue and profits, with executives saying a hiring freeze remained in effect and emphasizing their focus on finding cost savings. The Boston-based company (NYSE: STT) has been h.....»»

Category: topSource: bizjournalsApr 23rd, 2019

Can Loans, High Rates Aid State Street (STT) in Q1 Earnings?

While higher rates and loan growth are likely to aid State Street's (STT) NII in the first quarter, an expected fall in fee income mi.....»»

Category: worldSource: nytApr 22nd, 2019

Bank of America revenue misses forecasts, shares fall

Bank of America Corp on Tuesday reported first-quarter revenue that fell short of expectations and predicted that net interest income would rise half as fast this year, sending its shares down......»»

Category: topSource: reutersApr 16th, 2019

Bank of America"s stock extends selloff after downbeat net interest income outlook

Shares of Bank of America Corp. slumped 1.7% in premarket trade Tuesday, extending losses after the start of the post-earnings conference call, after bank's outlook .....»»

Category: topSource: marketwatchApr 16th, 2019

Wells Fargo’s stock pulls a sharp U-turn after warning of a surprise net interest income decline

Shares .....»»

Category: topSource: marketwatchApr 15th, 2019

Wells Fargo"s stock swings to a loss from a gain after net interest income guidance lowered

Shares of Wells Fargo & Co. took dive in morning trade, swinging to a loss from a gain, after the bank provided a downbeat full-year outlook for net interest, citing the negative impact of the current low interest rate environme.....»»

Category: topSource: marketwatchApr 12th, 2019

Car maker stocks fall after BMW profit warning

Shares of auto makers fell Wednesday, pulled down by Germany-based BMW AG's warning of a significant drop in profits this year. Ford Motor Co.'s stock slumped 2.4%, General Motors Co. shares shed 2.9% and Fiat Chrysler Automobiles N.V. .....»»

Category: topSource: marketwatchMar 20th, 2019