Wells Fargo's 4Q Misses; BofA Tops Estimates; Citigroup M&A Fees Surge
On this episode of Stock Movers:- Wells Fargo & Co. (WFC) missed analysts’ profit estimates as severance costs drove up expenses.The bank spent $612 million on severance as part of a plan designed to ...
14 Tammi 3min
Wells Fargo Profit Misses Estimates; Bank Of America Beats; Netflix Revises Terms for Warner Brothers
On this episode of Stock Movers:- Wells Fargo (WFC) missed analysts’ profit estimates as severance costs drove up expenses and net interest income fell short. The bank spent $612 million on severance ...
14 Tammi 4min
BP Writedowns, Hays Drop, EssilorLuxottica Gain
On this episode of Stock Movers:- BP said it expects to take as much as $5 billion in writedowns for the fourth quarter, just weeks after replacing its chief executive officer as it strives to turn ar...
14 Tammi 4min
BP Writedowns, Maersk Cut, Vistry 'Subdued'
On this episode of Stock Movers:- BP said it expects to take as much as $5 billion in writedowns for the fourth quarter, just weeks after replacing its chief executive officer as it strives to turn ar...
14 Tammi 4min
JPMorgan Plunges, Meta Falls, Airlines Lower
On this episode of Stock Movers:- JPMorgan Chase (JPM) fell 4.2%. The bank's profit declined 7% in the fourth quarter, even as revenue rose on the back of higher fees and interest income. This after J...
13 Tammi 4min
Meta Platforms Falls, Delta Air Lines Drops, L3Harris Technologies Rises
On this episode of Stock Movers: - Meta Platforms (META) shares fall after news that Meta Platforms Inc. and EssilorLuxottica SA are discussing potentially doubling production capacity for AI-powered ...
13 Tammi 3min
JPMorgan Chase Up, Delta Airlines Declines, Alphabet Rises on Apple Deal
On this episode of Stock Movers:- JPMorganChase (JPM) shares are up after earnings. The firm expects to earn about $103 billion in net interest income this year, more than analysts expected, and said ...
13 Tammi 3min
Stock Movers: Delta, L3Harris, Travere
On this episode of Stock Movers:- Delta Air Lines (DAL) is ordering 30 Boeing Co. 787 Dreamliner jets in its first-ever purchase of that model, providing a boost to the US planemaker that highlights t...
13 Tammi 2min
