Goldman Sachs (GS) saw revenues of nearly $1.5 billion in its Investing and Lending division—far higher than in 1Q16 and similar to 4Q16.
Goldman Sachs (GS) reported 1Q17 EPS of $5.15, which was lower than consensus estimates of $5.31 and higher than its 1Q16 EPS of $2.68.
Brexit shocked many among the investing community, with markets experiencing extreme levels of volatility on the initial day.
Emerging markets have been a go-to place for the international investment community for the past decade.
Goldman Sachs (GS) believes the delay in policy reform might continue in the near future.
In a recent interview with CNBC, David Kostin, chief US equity strategist at Goldman Sachs (GS), shared his view on bond yields.
In an interview with CNBC, the chief US equity strategist at Goldman Sachs (GS), David Kostin, discussed his views on the market’s movement, valuations, earnings, inflation, and bond yields.
After falling for two consecutive trading weeks, the S&P 500 started the week on a stronger note by rising on April 17. All 11 major S&P 500 indices rose.
JPMorgan Chase’s (JPM) stock has risen 24.6% in the past six months and 46.2% in the past year.
In 1Q17, JPMorgan Chase (JPM) increased its dividend in line with its operating performance. The bank paid out dividends of $0.50 in 1Q17.
In April 2017, 15 of the 29 analysts covering JPM rated the stock as a “buy” or “strong buy,” as compared to 17 analysts in March 2017 and 18 analysts in January 2017.
J.P. Morgan’s Commercial Banking division garnered $2.02 billion in revenues and $799 million in net profits in 1Q17, representing rises of 12% and 61%, respectively, YoY.
JPMorgan Chase’s (JPM) Consumer and Community Banking division posted net income of $2.0 billion in 1Q17, as compared to $2.5 billion in 1Q16.
In its 1Q17 earnings release on April 13, 2017, JPMorgan Chase (JPM) posted EPS (earnings per share) of $1.65, beating Wall Street analysts’ estimates of $1.52.
Canada’s manufacturing PMI (purchasing managers’ index) stood at 55.5 in March 2017 compared to 54.7 in February, which meets the market estimate.
Controlling overhead expenses has been imperative for US commercial banks (XLF) like Citigroup (C).
In April 2017, 17 of the 29 analysts covering Citigroup (C) stock, or ~58.6%, gave it “buy” or “strong buy” ratings.
Citigroup (C) stock has appreciated 19% over the past six months and 29% over the past year due to a revival in its operating performance…
Citigroup (C) rewards its shareholders with dividends and repurchases in line with its operating performance.
Citigroup (C) reported its 1Q17 earnings on April 13. It announced EPS (earnings per share) from continuing operations of $1.35.