Banking, finance, and taxes
Banking, finance, and taxes Articles
One of the largest overhangs in the financial sector is the amount of outstanding borrowing in the energy business, and that lending level hit CIT Group when it reported earnings.
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While the Dow has dropped 7% this year, one of its 30 components, American Express, has done substantially worse.
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The major U.S. banks have been gutted in the market carnage seen in 2016. 24/7 Wall St. wanted to evaluate how badly off the sector has been.
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24/7 Wall St. looked for analyst commentary on CIT after its earnings report, and the first report is just not that favorable.
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Aflac has managed to beat earnings, to show how much the yen in Japan is hurting its numbers and to talk up its buyback and dividend.
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Sometimes companies get rewarded for making relatively large mergers. And sometimes they get slammed.
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American Express (NYSE: AXP) cannot get it right. Retailers reject it. Consumers do not view it as the Rolls Royce which once sat atop the credit card universe. American Express share fallen off by...
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Analysts' reactions to PayPal's fourth-quarter results generally kept prior ratings and reduced price targets.
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Big bank stocks had a rough month in January, but credit card issuers American Express and Discover Financial Services did worse.
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MasterCard reported mixed fiscal first-quarter financial results after the markets closed Thursday.
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Visa reported mixed fiscal first-quarter financial results after the markets closed Thursday.
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PayPal reported better-than-expected fourth-quarter financial results after the markets closed on Thursday.
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Wells Fargo has promised frequently to do more share buybacks and to keep returning capital to its shareholders.
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Janus Capital Group, Inc. (NYSE: JNS) may be gathering its assets at a better rate than the stock market wants to credit it for. Maybe adding Bill Gross, a.k.a. the Bond King, to its roster of...
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AIG said it plans to sell its broker-dealer network, spin off part of its mortgage-insurance unit and slash costs. but not break up the company.
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