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Mixed Earnings Expectations For Bank Of America, JPMorgan And Wells Fargo
Tuesday, January 10, 2017 - 5:00pm | 779Read More...The first of the big banks help kick off the fourth-quarter earnings reporting season this week. Mixed but generally positive results are expected from the first three quarterly reports. Expectations are also positive for the flood of bank earnings reports that follow. The fourth-quarter earnings...
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More Big Banks In The Earnings Spotlight
Sunday, January 17, 2016 - 7:01pm | 605Read More...Fourth-quarter results from the big banks have been unimpressive so far. Analysts are looking for some earnings growth from Bank of America Corp (NYSE: BAC) this week. Wall Street expectations are lower for Morgan Stanley (NYSE: MS) and Goldman Sachs Group Inc. Citgroup, JPMorgan and Wells...
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Markets Lower As Geopolitical Uncertainty Continues
Monday, July 21, 2014 - 4:46pm | 2931Read More...U.S. stocks were lower as leaders from Britain, France, Germany and Canada have all made their respective countries position clear that Russia will face further sanctions if air investigators are not given full access to the crash site in Ukraine. Israel continued its ground offensive in the...
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Market Wrap For April 21: S&P 500 Extends Winning Streak To Five Days, Dow & Nasdaq Also Positive
Monday, April 21, 2014 - 4:37pm | 2987Read More...U.S. stocks rose as investors felt that earnings season is positive enough so far to reverse weakness the markets have seen in recent weeks. "Investors were braced for poor results, and at least so far, the numbers have been better than feared. We'll have a little more information to act on...
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Warren Buffett's Conflicting Bitcoin Views
Tuesday, March 18, 2014 - 2:16pm | 735Read More...Business Insider recently reported Warren Buffett is warning investors to stay away from bitcoin. Furthering his anti bitcoin position, Buffett has gone from skepticism, stating “I wouldn't be surprised if it's not around in 10 or 20 years.” to labeling bitcoin “a mirage." Warren Buffett was...
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Coach, Dell And Others Insiders Have Been Buying (COH, DELL, FCX, SYMC)
Wednesday, October 30, 2013 - 3:04pm | 786Read More...Insiders may sell shares for any number of reasons, but conventional wisdom says that insiders really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have...
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Earnings Expectations for the Week of January 14
Sunday, January 13, 2013 - 3:08pm | 1008Read More...Last Friday, Wells Fargo (NYSE: WFC) started off the most recent round of quarterly reports from the big U.S. banks by posting a record profit for the quarter. The company also reported that the number of mortgage loans and lending margins declined from the previous quarter. Results from many more...
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Wells Fargo, BB&T and Other Bank Stocks on a Roll
Tuesday, April 10, 2012 - 6:54am | 1085Read More...Wells Fargo (NYSE: WFC) and JP Morgan Chase (NYSE: JPM) help kick off the new earnings season this week when they post their first-quarter results on Friday. Citigroup (NYSE: C), Goldman Sachs (NYSE: GS) and others follow early next week. Some analysts are looking to the financial sector for the...
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SunTrust Downgrades Riverbed Technology To Neutral
Friday, July 1, 2011 - 8:16am | 19Read More...SunTrust has downgraded Riverbed Technology (NASDAQ: RVBD) from Buy to Neutral.
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Keefe Bruyette & Woods Reiterates Outperform Rating on SunTrust Banks
Tuesday, May 24, 2011 - 7:14am | 74Read More...According to a recent report, Keefe, Bruyette & Woods has reiterated an Outperform rating on SunTrust Banks (NYSE: STI) and maintained a $35.00 price target after marketing with the company's CEO and CFO. In the report, Keefe, Bruyette & Woods said, "With credit improving, the new senior...
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SunTrust Upgrades Harris Corporation To Buy
Monday, April 4, 2011 - 9:17am | 19Read More...SunTrust has upgraded Harris Corporation (NYSE: HRS) from Neutral to Buy.
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Wells Fargo Morning Summary (BLC, CAG, KEY, STI, ACN, GIB, ORCL, FITB, PNC, RIMM, PAYX)
Friday, March 25, 2011 - 10:19am | 164Read More...Wells Fargo is initiating coverage on Belo Corp. (NYSE: BLC) with an Outperform rating. It is raising estimates on ConAgra Foods (NYSE: CAG), KeyCorp (NYSE: KEY), SunTrust Banks (NYSE: STI), Accenture (NYSE: ACN), CGI Group (NYSE: GIB) and Oracle (NASDAQ: ORCL). It is lowering estimates on Fifth...
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Citi Increases Price Target On SunTrust Banks To $37
Monday, March 21, 2011 - 8:03am | 109Read More...In a report published by Citi, SunTrust Banks (NYSE: STI) patience pays off with low issuance to repay TARP. Citi said that SunTrust announced that the company commenced a $1 bln common stock offering and plans to repurchase all $4.85 bln in TARP. “Our 2011 estimate is unchanged as these results...
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Morgan Keegan Upgrades SunTrust Banks To Outperform, PT To $36
Monday, March 21, 2011 - 8:02am | 29Read More...Morgan Keegan has upgraded SunTrust Banks (NYSE: STI) from Market Perform to Outperform and has raised the price target from $30 to $36.
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Citigroup Raises PT On SunTrust banks To $37
Monday, March 21, 2011 - 7:14am | 26Read More...Citigroup has raised the price target on SunTrust Banks (NYSE: STI) from $35 to $37 and maintains its Buy rating.
