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Earnings Report

Largest Nevada casinos earn $1.6B during fiscal year 2017

Nevada's largest casinos turned a profit for the second fiscal year in a row and finally broke the revenue record set in 2007 before the recession affected the operators' books, according to a state report released Friday.

Bank execs sing praises of new tax law as windfall looms

Two of the nation's biggest banks — JPMorgan Chase and Wells Fargo — indicated Friday that they expect to see significant future benefits from the recently enacted GOP tax bill, through both lower taxes and increased business.

Wells Fargo 4Q results rise 17 pct; posts gain from tax bill

Wells Fargo says its fourth-quarter earnings rose 17 percent from a year ago, as the consumer banking giant benefited from the recently passed GOP tax bill, but incurred additional costs related to improper sales practices and other matters.

PNC Financial profit doubles on tax gain

Regional lender PNC Financial Services' quarterly profit doubled, driven by a $911 million one-time benefit related to the Republican tax plan overhaul.

U.S. bank gains from tax law start with red ink

U.S. bank executives and investors expect a long-term boost from the new federal tax code, but the biggest lenders will first need to book multi-billion-dollar charges that will muddle fourth-quarter results.