Banking, finance, and taxes

Banking, finance, and taxes Articles

Though its quiet period has come to an end, not all the firms from the underwriting syndicate have issued their first research reports on Elevate Credit.
When PayPal reported its first-quarter financial results late on Wednesday, the numbers blew estimates out of the water. A few analysts have taken this opportunity to weigh in on the stock and adjust...
PayPal Holdings, Inc. (NASDAQ: PYPL) reported its first quarter financial results after the markets closed on Wednesday. The company posted $0.44 in earnings per share (EPS) and $2.98 billion in...
The Consumer Financial Protection Bureau and regulators from 22 states announced lawsuits or enforcement actions on Thursday against Ocwen Financial, a leading servicer of subprime mortgage loans.
Visa Inc. (NYSE: V) reported its fiscal second-quarter financial results after the markets closed on Thursday. The company said that it had $0.86 in earnings per share (EPS) and $ in revenue, versus...
Travelers reported mixed first-quarter financial results before the markets opened on Thursday, citing catastrophe losses from a record number of tornado and hail events..
American Express Co. (NYSE: AXP) reported its first-quarter financial results after the markets closed on Wednesday. The company posted $1.34 in earnings per share (EPS) and $7.89 billion in revenue,...
First-quarter revenues and profits at Morgan Stanley handily beat expectations. A sharp increase in trading revenues and profits did most of the work.
Bank of America has been the best performing of the major and money center banks stock year to date. Now its earnings showed why.
Goldman Sachs missed revenue and profit estimates this morning. Lower trading revenues and flat fixed-income revenues combined with higher expenses get the blame.
Defaults on subprime auto loans may be the canary in the coal mine. Nearly a quarter of U.S. banks are expecting consumer loan delinquencies to rise in 2017.
Alibaba's Ant Financial unit has upped its bid for MoneyGram to $1.2 billion, or $18 a share in cash. Will the bidding war with Euronet continue or will the deal now come down to regulatory approval?
Citigroup's first-quarter profits easily topped estimates, but the bank's stock still trades at a sharp discount to book value.
JPMorgan reported better-than-expected first-quarter financial results before the markets opened on Thursday.
Wells Fargo reported first-quarter EPS of $1.00, essentially flat year over year. Net interest income slipped while noninterest income rose. But rising noninterest expenses cut into profits.
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