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Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions.  Legal Statement.

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Wells Fargo's 2Q earnings beat on cost cutting, more loans
July 16, 2019

Wells Fargo's 2Q earnings beat on cost cutting, more loans

Wells Fargo results topped expectations on both the top and bottom lines.

Goldman Sachs hikes dividend despite trading weakness
July 16, 2019

Goldman Sachs hikes dividend despite trading weakness

Goldman Sachs 2Q results beat on both the top and bottom lines.

Wall Street slips after Trump casts doubt on quick China trade deal
July 16, 2019

Wall Street slips after Trump casts doubt on quick China trade deal

Crude oil prices tumbled nearly 3 percent or some $2 to $57.89 per barrel after Trump said progress was being made with Iran, indicating tensions in the Mideast may be easing.

JPMorgan Chase 2Q earnings topped expectations
July 16, 2019

JPMorgan Chase 2Q earnings topped expectations

The nation's largest bank reported $29 billion in revenue and profits of $2.82 per share.

Citigroup 2Q results top expectations on consumer lending boost
July 15, 2019

Citigroup 2Q results top expectations on consumer lending boost

Citigroup reported 2Q profit of $1.95 per share topping the estimate for $1.80.  Revenue came in at $18.8 billion.

Movers & Shakers: July 15, 2019
July 15, 2019

Movers & Shakers: July 15, 2019

Stories moving the markets and shaking up the world.

As Trump targets Libra, Facebook's cryptocurrency faces 'uphill climb' after call for bank charter
July 12, 2019

As Trump targets Libra, Facebook's cryptocurrency faces 'uphill climb' after call for bank charter

Should Facebook be required to register as a bank and submit to banking regulations if it plans to move forward with Libra? President Trump thinks so.

Deutsche Bank CEO says he scolded executives for getting suits fitted on day of layoffs
July 12, 2019

Deutsche Bank CEO says he scolded executives for getting suits fitted on day of layoffs

Deutsche Bank CEO Christian Sewing told a German newspaper that he scolded senior members at its London office for getting suits fitted on the same day hundreds of fellow staffers lost their jobs.

At American Airlines, Boeing Max grounding fuels improved earnings outlook
July 10, 2019

At American Airlines, Boeing Max grounding fuels improved earnings outlook

The Dallas-based carrier expects unit revenue to now rise as much as 4 percent.

Small-dollar lenders get a bad rap, but here's the truth
July 10, 2019

Small-dollar lenders get a bad rap, but here's the truth

The simple fact is that small-dollar lenders serve people that mainstream lenders, for one reason or another, turn away.

Trump 'favored-nation' drug pricing order could hammer profits
July 8, 2019

Trump 'favored-nation' drug pricing order could hammer profits

The move could force drugmakers to offer treatments in the U.S. at the lowest cost offered elsewhere in the world.

Movers & Shakers: July 8, 2019
July 8, 2019

Movers & Shakers: July 8, 2019

Here are the stories moving the markets and shaking up the world.

Deutsche Bank to cut 18,000 jobs, exit equities sales by 2022
July 7, 2019

Deutsche Bank to cut 18,000 jobs, exit equities sales by 2022

The German bank said it will implement a cost reduction program to reduce costs to 17 billion euros in 2022.

'Wolf of Wall Street' producer charged with laundering $248M in Malaysian scandal
July 5, 2019

'Wolf of Wall Street' producer charged with laundering $248M in Malaysian scandal

"The Wolf of Wall Street" producer Riza Aziz was charged on Friday with laundering $248 million from state investment fund 1Malaysia Development Bhd., or 1MDB.

Delta Air Lines flies record number of passengers in June, boosts profit guidance
July 2, 2019

Delta Air Lines flies record number of passengers in June, boosts profit guidance

The Atlanta-based carrier flew nearly 698,000 people on June 21st, a single-day record.

China just extended an olive branch to the US as trade talks restart
July 2, 2019

China just extended an olive branch to the US as trade talks restart

More foreign firms will be able to invest in China in 2020, a quicker timeline then previously anticipated.

‘Best banks’ of 2019 revealed: Kiplinger
July 2, 2019

‘Best banks’ of 2019 revealed: Kiplinger

The 'Best Bank' list is out, did yours make the cut?

Possible Fannie, Freddie IPO whets Wall Street's appetite
June 28, 2019

Possible Fannie, Freddie IPO whets Wall Street's appetite

Government housing officials have publicly stated that reforming Fannie and Freddie is a priority and they are weighing an eventual public offering that could mean an equity sale of as much as $100 billion.

JPMorgan, Bank of America, Wells Fargo plan healthy dividend hikes
June 28, 2019

JPMorgan, Bank of America, Wells Fargo plan healthy dividend hikes

Bank investors are looking at a new round of dividend windfalls thanks to the Fed.

After Goldman Sachs, Ally Financial cut interest rates, savers hit brick wall
June 28, 2019

After Goldman Sachs, Ally Financial cut interest rates, savers hit brick wall

It was the first time since October 2013 that Ally lowered rates. 

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