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Earnings ReportCitigroup’s Balance Sheet Expansion Continued in Third Quarter
Sustained focus on increasing deposits and providing quality loans has helped Citigroup (C) to strengthen its balance sheet.
FinancialsAnalyst Downgrades Wells Fargo from ‘Outperform’ to ‘Neutral’
Macquarie Research analyst David Konrad has downgraded his rating on Wells Fargo & Company (WFC) from an “outperform” to a “neutral.”
Company & Industry OverviewsWells Fargo to Cut Over 600 Jobs amid Mortgage Business Slowdown
On August 23, Wells Fargo (WFC) announced that it planned to terminate the jobs of 638 employees in its home mortgage division.
FinancialsWall Street Expects a Huge Surge in Citigroup Stock
Citigroup (C) could be an intriguing choice for investors right now, according to Wall Street ratings.
Real EstateHow Public Storage’s Dividend Yield Compares
Revenue and earnings Public Storage (PSA) an industrial REIT, invests in US and European real estate markets. Tthe company’s revenue grew 9% and 8% in 2015 and 2016, respectively. The growth was driven by self-storage facilities and ancillary operations. Its operating costs rose 2%–3% in 2015 and 2016, and its operating income rose 17% in 2015 […]
Company & Industry OverviewsDeere’s Long-Term Debt Equals Its Market Cap: Should You Worry?
The carrying value of Deere & Company’s (DE) long-term debt fell from $24.3 billion in 2014 to $23.8 billion in 2015.
Earnings ReportZions’ Interest and Non-Interest Income Rose in 3Q15
Zions Bancorp (ZION) has a market cap of $5.7 billion. After the earnings report in 3Q15, it fell by 0.89% to close at $27.90 per share as of October 19, 2015.
Earnings ReportHow Did Comerica Perform Compared to Its Peers?
The peers outperformed Comerica based on the PBV ratio. However, Comerica is way ahead of its peers based on the forward PE ratio.