Bank of America Corp (NYSE: BAC) is facing some uncertainty for its future financial performance, leading analysts at Piper Sandler to downgrade the stock. The Bank of America Analyst: Piper Sander M
At JPMorgan and Bank of America, staffing increased by 1.7% from three months ago, while at Citi it rose by 0.8%. Wells Fargo, meanwhile, shed jobs
While Morgan Stanley beat its earnings target and Goldman fell well short, both investment banks reported lower net income against a strong year-ago quarter

3 Top Picks From a Hot Transportation Industry

03:48pm, Tuesday, 17'th Jan 2023
All up over 100% over the last year, these three stocks look to continue rewarding shareholders on the back of improved earnings outlooks.
Upgrades For Casa Systems Inc (NASDAQ:CASA), Northland Capital Markets upgraded the previous rating of Market Perform to Outperform. Casa Systems earned $0.29 in the third quarter, compared to $0.05 i

Goldman (GS) Q4 Earnings Lag Estimates as IB Revenues Crash

02:48pm, Tuesday, 17'th Jan 2023 Zacks Investment Research
Muted IB business on a slump in deal-making activities and higher provisions hurt Goldman's (GS) Q4 earnings.

Company News for Jan 17, 2023

02:30pm, Tuesday, 17'th Jan 2023 Zacks Investment Research
Companies in The News Are: C, WFC, SJR, BK
The bank results come a day after December inflation data showed more signs of easing.

Citizens Financial (CFG) Q4 Earnings Top on NII, Provisions Hurt

01:40pm, Tuesday, 17'th Jan 2023 Zacks Investment Research
Higher interest rates and robust loan balance support Citizens Financial's (CFG) Q4 earnings, while a fall in non-interest income and higher expenses and provisions are headwinds.
"We think, again, what you're facing is an economic malaise, not a sharp sell-off," Wells Fargo's Chris Harvey told Bloomberg TV.
The CNN Money Fear and Greed index showed further improvement in the overall sentiment among US investors. US stocks closed higher on Friday following the release of earnings from big banks. The S&P a

7 Stocks to Avoid as Layoff Headlines Explode

03:59pm, Monday, 16'th Jan 2023
Invariably, with the Federal Reserve forced into the unenviable task of taking away the monetary punch bowl, certain stocks to avoid would come up based on mass layoffs. Effectively, the earlier respo

Wells Fargo Is Downsizing Its Mortgage Business. Good.

03:44pm, Monday, 16'th Jan 2023 The Motley Fool
Wells Fargo has been one the largest mortgage originators in the country in recent years, so this is a big change.
JPMorgan, Bank of America, Citigroup and Wells Fargo are highlights of the Zacks Earnings Preview article.
Wells Fargo has been one the largest mortgage originators in the country in recent years, so this is a big change.
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