These are the 5 companies Bank of America just added to its quarterly list of...
Bank of America Merrill Lynch added five companies to its list of "primer picks" companies in the climate change space.Sunnova Energy and Albany International are first-time entries for the climate...
View ArticleWall Street analysts are slashing their Netflix stock forecasts in...
Netflix has much to prove in its upcoming third-quarter earnings report as it looks to impress investors before facing increased competition.Goldman Sachs expects subscriber growth to fall "modestly...
View ArticleThe market's next test: Bank of America weighs in on which sectors will crush...
Earnings season kicks off on Monday, and Bank of America Merrill Lynch analysts are projecting which sectors will impress investors and which are most likely to stumble.US banks and brokerages account...
View ArticleEarnings season kick off this week. Here are 6 companies to watch — and what...
This week kicks off third-quarter earnings season, with major US companies revealing how trade war pressures, recession warnings, and interest-rate cuts affected their earnings and future...
View Article'The height of entitlement': A Fed president retaliates against banker...
Minneapolis Fed President Neel Kashkari responded to Wall Street's complaints regarding repo operations, telling Axios the bankers don't like the policy because "they think it makes them look weak."The...
View ArticleGoldman Sachs' quarter soured by disappointing banking revenue, write-downs...
Goldman Sachs reported third-quarter earnings before markets opened on Tuesday.The bank traded as much as 1.9% lower after missing analyst estimates for quarterly earnings per share. It also posted a...
View ArticleCitigroup posts strong trading results amid layoffs, beats profit estimates (C)
Citigroup reported third-quarter earnings on Tuesday morning before the opening bell.Both revenue and earnings per share outperformed Wall Street expectations.The firm saw trading results slip just 1%...
View ArticleCrystal animals, Louis Vuitton luggage, and a trip to Las Vegas: Deutsche...
Deutsche Bank showered China's elite with lavish gifts, hired their unqualified family members, and splurged millions on well-connected consultants to build its presence in the country, according to...
View ArticleWells Fargo posts earnings miss driven by $1.6 billion expense linked to...
Wells Fargo missed third-quarter earnings estimates after posting a continued drop in net interest income.The bank cited the "lower interest rate environment" for the figure's decline. Wells Fargo...
View Article'The inner city schools are not failing because of banks, okay?' — JPMorgan...
JPMorgan CEO Jamie Dimon defended Wall Street against accusations it fuels inequality on his firm's third-quarter earnings call."The inner city schools are not failing because of banks, okay? And...
View ArticleGoldman Sachs says it absorbed an $80 million write-down after WeWork's IPO...
Goldman Sachs recorded an $80 million hit from its investment in WeWork, the bank's CFO said on an earnings call.The third-quarter hit was less severe than anticipated. Analysts at Morgan Stanley had...
View ArticleThis is the weekly government report all traders should be watching
By Carley Garner for CME GroupThe Commodity Futures Trading Commission (CFTC) is a regulatory body creating rules to ensure a properly functioning and relatively transparent marketplace. Through the...
View ArticlePhoto of ex-Goldman CEO Lloyd Blankfein loving retirement shows how...
Former Goldman Sachs CEO Lloyd Blankfein posed with Harvard's men's basketball team and comically took a jab at his height amongst the collegiate athletes."I knew I'd lose stature when I left my old...
View ArticleWall Street keeps embarrassing itself every time Trump talks about China
Every time President Donald Trump says he has a trade deal with China the stock market rallies.And then it turns out the deal is vapor.Meanwhile, US-China relations continue to deteriorate in the...
View ArticleWall Street is sounding the alarm as a key source of stock-market buying...
Share buybacks — one of the stock market's strongest growth drivers — fizzled out in the second quarter of 2019 and is projected to decline further though the year and into 2020, Goldman Sachs analysts...
View ArticleBANK OF AMERICA: Companies are crushing earnings season so far — but the...
Third-quarter earnings season is a couple weeks underway, and Bank of America Merrill Lynch analysts found that companies that missed sales and profit expectations are getting hit more than usual in...
View ArticleJPMorgan will still rake in about $50 million after WeWork snubbed the $5...
JPMorgan will receive a fee of about $50 million for assembling a group of investors to lend $5 billion to WeWork — even though the coworking company didn't select that bailout option.WeWork's board...
View ArticleHere's everything you need to know about CBD, the cannabis compound that's in...
Cannabidiol, or CBD, is a key compound in cannabis plants, though it doesn't cause marijuana's high.CBD is being added to foods, drinks and creams. The evidence for many wellness claims about CBD is...
View ArticleCannabis has gone from a criminalized drug to a multibillion-dollar global...
Legal cannabis is one of the world's newest and most dynamic industries. Since Colorado legalized the drug in 2012, the previously illegal plant has birthed multibillion-dollar public companies, minted...
View ArticleTiny trades are making up a record share of market activity — and it's likely...
"Odd lot" trades — or stock trades involving fewer than 100 shares — are becoming more commonplace, making up nearly half of all trades in early October, according to The Wall Street Journal, which...
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