Wells Fargo profit beats estimates on cost controls, rise in loans
Wells Fargo & Co beat analysts’ estimates for quarterly profit on Tuesday, as the fourth-largest U.S. bank benefited from an uptick in lending and aggressive...
Wells Fargo’s quarterly profit rises 22%
Wells Fargo & Co reported a 22% increase in quarterly profit on Tuesday, helped partly by the fourth-largest U.S. lender’s aggressive cost cutting....
Oil steadies as U.S. supply concerns ease but Iran tensions loom
Oil prices steadied on Tuesday as a resumption of production in the Gulf of Mexico after Hurricane Barry and a boom in U.S. supply from...
Goldman Sachs profit beats expectations on equity trading, lending
Goldman Sachs Group Inc reported a better-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from higher equity trading and an increase...
Domino’s Pizza U.S. same-store sales miss estimates, shares fall 6%
Domino’s Pizza Inc on Tuesday reported second-quarter same-store sales at its U.S. outlets that grew slower than expected as it faced fierce competition from rival...
Goldman Sachs profit hit by weakness in trading, underwriting
Goldman Sachs Group Inc reported a 6% fall in quarterly profit on Tuesday as the Wall Street investment bank was hurt by muted fixed income...
JPMorgan profit beats estimates on strength in consumer banking
JPMorgan Chase & Co reported a better-than-expected quarterly profit on Tuesday as higher interest income and a modest increase in loans more than made up...
Stock futures flat after JPMorgan results; Goldman Sachs, Wells Fargo eyed
U.S. stock futures were trading flat on Tuesday as investors parsed through the earnings report from JPMorgan Chase and awaited results from Wall Street banks...
Investors trim cash, buy stocks on dovish Fed, trade truce: BAML poll
Fund managers have trimmed cash holdings and added risk to their portfolios following the U.S. Federal Reserve’s dovish pivot and after Beijing and Washington agreed...
Barclays sees Carrefour-Casino merger as possible, pushing up Casino shares
Shares in French retailer Casino rose around 2% on Tuesday after Barclays said in a note that a tie-up with larger rival Carrefour could be...