EBay beats 2Q profit expectations, misses revenue forecasts
EBay Inc. (EBAY) on Thursday reported second-quarter net income of $83 million.
Citi Posts Highest Profit in Eight Years as Costs Plunge
The third biggest U.S. bank by assets revealed its highest quarterly profit in eight years as restructuring efforts and costs paid off and legal expenses plunged. Citigroup shares soared in pre-market trading after earnings were released.
JPMorgan Chase Kicks Off 2Q Bank Earnings Season with Beat
The No. 1 U.S. bank by assets revealed second-quarter earnings results that topped expectations, and a 5.2% increase in quarterly profits as expenses declined. The results sent the bank's shares higher in pre-market trade.
Week Ahead: Focus on Bank Earnings
Earnings reports from the biggest U.S. banks will dominate next week’s economic calendar as investors hope the financial sector rebounds from a disappointing fourth quarter.
AIG Beats 3Q Views, Expands Share Buyback
Insurance giant AIG on Monday reported better-than-expected third quarter earnings and added $1.5 billion in share buybacks.
BlackRock Profits Beat Views as AUM Swell 10%
BlackRock's 3Q profits topped views as the world's biggest money manager saw its assets under management rise 10%.
Bank of America 3Q Earnings Drop After DOJ Settlement
The nation's No. 2 bank by assets posted a smaller third-quarter loss than Wall Street expected, and revealed a top-line beat.
JPM Posts Mixed 3Q as Trading Rebounds, Mortgages Slide
The biggest U.S. bank fell just shy of Wall Street expectations for third-quarter earnings as mortgage weakness overshadowed a rebound in trading revenue.
Citi Boosts Earnings, Scales Back Consumer Banking
The nation's third-largest bank by assets reported a 3Q earnings beat and revealed plans to scale back its consumer banking unit by exiting 11 foreign markets.
Visa Posts 3Q Beat, Lowers 2014 Revenue Outlook
Visa saw its 3Q profit climb 11%, thanks to an increase in credit-card transactions, but the company lowered its full-year revenue guidance.
Wall Street’s Calm Makes Life Tough for Banks
Volatility has declined during a period of calmer markets, and trading revenue has suffered and the big banks as a result.
Tax Season Lifts H&R Block Earnings
H&R Block's fourth-quarter earnings climbed 37%, as a later start to tax season boosted revenue.
Solid Trading Results Spark 1Q Beat at Morgan Stanley
Morgan Stanley impressed Wall Street with a stronger-than-expected 57% surge in first-quarter earnings as the bank enjoyed surprisingly strong growth in trading and wealth management.
Goldman Sachs Posts Big 1Q Beat Despite Trading Slowdown
Goldman Sachs logged a 10% slide in first-quarter earnings amid lower trading revenue, but the Wall Street heavyweight’s results still easily beat views.
PNC Grows 1Q Profits 6.5% as Expenses Shrink
PNC logged a stronger-than-expected 6.5% rise in first-quarter earnings as the regional lender benefited from declining expenses and lower provisions for credit losses.
Bank of America Posts Loss on Litigation Charges
The No. 2 U.S. bank posted a 1Q loss and recorded $6 billion in litigation expenses related to an FHFA settlement and other mortgage-related matters.
AmEx Posts Mixed 1Q Results
American Express reported a 12% increase in its first-quarter earnings, as the credit card giant benefited from increased spending by its members.
Schwab 1Q Profits Soar 58% as Trading Activity, Client Assets Rise
Charles Schwab beat the Street with a 58% leap in fiscal first-quarter earnings as the discount brokerage capitalized on record levels of trading and client assets.
Citi Posts 1Q Beat as Consumer Credit Improves
Citigroup posted profits and revenues that came in well above Street views, sending shares of the No. 3 U.S. bank higher after the opening bell.
Wells Fargo 1Q Profit Climbs 14%, Beats the Street
The bank posted a 14% uptick in first-quarter earnings, beating estimates as lower provisions for bad loans offset weakness at its mortgage business.


















