RECENT Financials RESEARCH
Here is a snapshot comparison of the four largest target date fund series, exploring their return rankings and Sharpe ratios. 10 Year Here’s How Each Target Date Fund Series Ranked…
Charles Schwab (SCHW) reported revenues of $2.13 billion in 2Q17, which beat the Wall Street estimate of $2.12 billion.
In this series, we’ll study Wells Fargo’s expected performance across its divisions in 2H17 and look at how fast it can recover from its recent controversy.
On Wednesday, August 30, 2017, in an interview with CNBC, billionaire investor Warren Buffett shared his view on US economic growth, his position in Apple (AAPL), and the world economy.
Chubb (CB) reported earnings per share (or EPS) of $2.50 in 2Q17, which beat Wall Street analyst estimates of $2.47.
Druckenmiller’s firm bought 710,200 shares of Alibaba (BABA) in 2Q17. The holding accounted for nearly 5.4% of the firm’s portfolio in 2Q17.
In 2Q17, the five largest US banks originated residential mortgages worth $112.0 billion, which was higher than $96.0 billion in 1Q17 but well below $129.0 billion in 2Q16.
Bank of America (BAC) is expected to post EPS of $0.47 and $0.48 in 3Q17 and 4Q17, respectively, reflecting a marginal but continued sequential growth.
While recovery moves closer into view, the art of raising capital for buy-side managers has become an ever-more challenging dance between operational costs and the costs to stay competitive.
According to an industry survey released on August 24, many hedge fund managers have a dull outlook on the market (IWM).
In 2Q17, Prudential Financial (PRU) reported 2Q17 net income of $491 million compared to $921 million in 2Q16. Its 2Q17 earnings per share of $2.09 missed the estimate of $2.70.
July 2017 The economic growth engines within emerging markets (EM) are changing. Many emerging economies have become largely developed or have failed to enact reforms necessary to sustain high levels…
According to Bloomberg, deregulation of US banking (XLF) could enhance gross profits for the six largest US banks by $27 billion, which would increase their annual pretax income by around 20%.
AIG is expected to post earnings per share of $1.22 in 3Q17, an ~20.3% decline from its 2Q17 earnings. AIG is expected to report revenues of ~$11.8 billion in 3Q17.
Bill Ackman, an activist investor and the CEO of Pershing Square Capital Management, shared his views on how geopolitical risk could affect market movement (SPY) in a CNBC report.
In the last three trading sessions, the market has shown a gradual fall. The S&P 500 and the Russell 2000 have fallen 1.6% and 2.2%, respectively.
In 2Q17, Berkshire Hathaway (BRK.A) acquired a stake of 17.5 million shares in Synchrony Financial, the financing arm of General Electric. Berkshire Hathaway also increased its holdings in Bank of New York Mellon to 50.2 million shares.
David Tepper is the founder of Appaloosa Management. His firm increased its position in the information technology sector (XLK) in 2Q17.
In an interview with CNBC’s Halftime Report on August 10, Howard Marks shared his views on market valuation, risk in the market, and FANG stocks.
Commercial bankers have had a solid run over the last 18 months, mostly due to rising rates and increased revenues. In this series, we’ll cover the US banking sector, focusing on major drivers and macro policies impacting banks.