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Zacks News
Big Banks See Slump in Q3 Trading Revenues on Y/Y Basis
by Zacks Equity Research
Big banks, including JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C) and Goldman Sachs Group (GS), project trading revenues to decline in Q3, impacted by subdued volatility in equity and bond markets.
Stock Market News For Sep 8, 2017
by Zacks Equity Research
Markets suffered losses on Thursday after investors sold off financial, consumer discretionary and telecom shares.
Why Did Big Bank Stocks (GS, JPM, BAC) Sink Today?
by Benjamin Rains
Several massive investment banks saw their stock prices fall in the first day of trading after the Labor Day weekend on the back of continuing tensions surrounding North Korea.
The Zacks Analyst Blog Highlights: Bank of America, American Express, Pepsi, Eaton and Autodesk
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Bank of America, American Express, Pepsi, Eaton and Autodesk
Workday (WDAY) Q2 Earnings and Revenues Surpass Estimates
by Zacks Equity Research
Workday's (WDAY) fiscal second-quarter 2018 results beat estimates backed by strong growth in subscription revenues.
Trump & Terror Hint at Market Pullback: 5 Ultra-Safe Picks
by Tirthankar Chakraborty
Concerns about Trump administration's policy paralysis are weighing on stocks, while intensified terror fears are adding to the malaise.
JPMorgan, Morgan Stanley & Four Others Sued by Pension Funds
by Zacks Equity Research
Six major investment banks have been sued by pension funds for trying to block competition in the stock lending market.
Play US and Revenues with iShares' New Large-Cap ETF
by Sanghamitra Saha
iShares' new fund is large-cap in nature and includes stocks that derive 85% or more of their sales from the United States.
Wall Street Posts Best Day of Summer: Top 5 Winners
by Tirthankar Chakraborty
U.S. stocks jumped 1% for the first time in 3 months as Wall Street sees less tension over North Korea
Capital One (COF) to Cut Jobs as Need for Digital Tools Grow
by Zacks Equity Research
Capital One (COF) to lay off 400 workers in Chicago office because of shifting customer preferences towards digital support.
Citigroup (C) Resolves LIBOR Manipulation Case, To Pay $130M
by Zacks Equity Research
Citigroup (C) will pay $130 million to resolve a private U.S. antitrust litigation that accused it of manipulating LIBOR.
The Zacks Analyst Blog Highlights: Bank of America, UnitedHealth, Intel, UPS and Celgene
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Bank of America, UnitedHealth, Intel, UPS and Celgene
Morgan Stanley (MS) Beats Q2 Earnings on Equity Trading Gain
by Zacks Equity Research
Continued strength in equity trading drove Morgan Stanley's (MS) second-quarter 2017 earnings, which easily surpassed the Zacks Consensus Estimate.
Company News for July 19, 2017
by Zacks Equity Research
Companies in the News are: JNJ,BAC,UNH,CMG
Wall Street banks and other household brands report earnings results.
by Zacks Equity Research
Wall Street banks and other household brands report earnings results.
Q2 Earnings Reports Hit the Tape: GS, BAC, JNJ, LMT & UNH
by Mark Vickery
Goldman Sachs (GS) beat estimates on both top and bottom lines, but shares are selling off following this earnings report on drastically lower fixed income revenues.
Stock Market News for July 18, 2017
by Zacks Equity Research
U.S. stocks were little changed on Monday as investors refrained from placing big bets ahead of a busy earnings week
BofA (BAC) Beats on Q2 Earnings and Revenue Estimates
by Zacks Equity Research
Increase in revenues was the key reason for the earnings beat at BofA (BAC).
Why Earnings Season Could Be Great for Bank of America Corporation (BAC)
by Zacks Equity Research
Bank of America Corporation (BAC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP.
Will Tough Operating Backdrop Hurt BofA (BAC) Q2 Earnings?
by Zacks Equity Research
Despite investors cheering BofA's latest capital deployment plan, the same is not expected to continue following the earnings release. Fall in trading revenues and lower-than-expected interest rates are likely to hurt its results.
Bartosiak: Trading Bank of America's (BAC) Earnings with Options
by David Bartosiak
David Bartosiak gives us his thoughts on Bank of America (BAC) before they report earnings with some ideas on how to play the Options Market.
Fortress (FIG) to Divest Logan Circle Partners, Stock Down
by Zacks Equity Research
Fortress Investment Group LLC (FIG) entered into an agreement to divest its 100% stake in Logan Circle Partners to MetLife, Inc. (MET).
Implied Volatility Surging for Bank of America (BAC) Stock Options
by Zacks Equity Research
Investors in Bank of America Corporation (BAC) need to pay close attention to the stock based on moves in the options market lately.
Stock Market News for July 05, 2017
by Zacks Equity Research
Gain in bank and energy stocks led the Dow and the S&P 500 to finish in the green on Monday
What's Going On with Tech & Finance Stocks?
by Sheraz Mian
While Tech stocks have been struggling lately, Finance stocks appear to have turned around. How durable are these trends?