Earnings
Target shares slide after disappointing 3Q earnings results
Excluding items, Target earned $1.09 per share, below the average estimate of $1.12 per share.
Financials
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USPS gets record high stamp price hike as losses mount
During its 2018 fiscal year, the Postal Service recorded a net loss of $3.9 billion.
Billionaire Steve Cohen has gone retail, despite insider trading hangover
The hedge fund titan has moved onto Main Street investors from the super-rich
JPMorgan Chase to pay new DC employees well above minimum wage
The bank is set to expand its brick-and-mortar presence throughout the coming years.
Fed to give banks a break on stress tests
Dividends and buybacks may get a boost thanks to recalibrating the tests.
Goldman Sachs to name fewest new partners in 20 years
It just got even harder to make partner at Goldman Sachs
Fed may give regional banks a break with proposed rule change
The Fed may tailor key rules for big and small banks.
HSBC 3Q profit rises 28 percent, beats forecasts
The bank's reported pretax profit was $5.9 billion in the September quarter, up from $4.6 billion in the same period a year earlier
UBS 3Q profit boosted by investment banking
UBS reported $1.25 billion in net profit, bea8itng estimates.
Wells Fargo fined $65M for sales practices that cost investors millions
New York attorney general still investigating the bank
Goldman quietly sending representatives to controversial Saudi conference despite CEO's rebuke
Goldman Sachs plans to send company representatives from its Middle East offices to a controversial investment conference sponsored by the Saudi royal family.
Blackstone 3Q profit beats estimates amid market rise
Stock market swings often impact the valuation of private equity firms' holdings because they mark many of their holdings to market.
Prudential no longer deemed 'too big to fail'
Federal regulators removed the company from its list of "systemically important" institutions.
Goldman Sachs profit beats on higher equity trading, investment banking
Net earnings attributable to common shareholders rose to $2.45 billion.
Morgan Stanley profit beats on strength in equity trading, underwriting
Net income attributable to Morgan Stanley rose to $2.11 billion, or $1.17 per share, in the third quarter ended Sept. 30, from $1.78 billion, or 93 cents per share, a year ago.
BlackRock profit beats on demand for low-risk funds
Net income attributable to the world's biggest asset manager rose to $1.22 billion in the third quarter.
Dimon, Fink pulling out of Saudi conference
Executives are pulling out of Saudi investment conference over the disappearance of a journalist.
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