Wells Fargo (WFC) is not completely out of the penalty box, even as it has shown drastic operational improvements. The bank not only generated over $4 billion in profits last year, it also improved its efficiency ratio, making it less risky. But it’s still not enough.
The bank’s earnings are expected to be much lower in 2020 than they were in 2019. But that should be expected, considering the coronavirus-induced recession the nation is facing, coupled with business closures.
The second quarter earnings season of 2020 is finally here. One way or another, the list of concerns the market has had regarding the devastation the coronavirus pandemic had on corporate profits will be realized.
Momentum and optimism rule the day as markets around the world continue to be unaffected by rising coronavirus cases, and the near-daily bankruptcy announcements as the health crisis evolves into an insolvency crisis.
Momentum and optimism rule the day as markets around the world continue to be unaffected by rising coronavirus cases, and the near-daily bankruptcy announcements as the health crisis evolves into an insolvency crisis.
U.S. companies are preparing to open their books on a quarter that is set to show the biggest earnings fall since the financial crisis, leaving investors looking for light at the end of the tunnel.
U.S. companies are preparing to open their books on a quarter that is set to show the biggest earnings fall since the financial crisis, leaving investors looking for light at the end of the tunnel.
Corporate earnings from some of the nations's largest companies is roughly a week away. Investors will be watching them more closely than usual this quarter.
Corporate earnings from some of the nations's largest companies is roughly a week away. Investors will be watching them more closely than usual this quarter.
As we bring the month of June and the incredibly strong second quarter of 2020 to a close today, the markets continue to grapple with the potential economic damage from the pandemic in light of the unprecedented levels of fiscal and monetary support around the world
As we bring the month of June and the incredibly strong second quarter of 2020 to a close today, the markets continue to grapple with the potential economic damage from the pandemic in light of the unprecedented levels of fiscal and monetary support around the world
The World Semiconductor Trade Statistics organization projects annual global chip sales will increase 5.9% in 2020 and 6.3% in 2021. And this projection bodes well for Micron (MU)
The World Semiconductor Trade Statistics organization projects annual global chip sales will increase 5.9% in 2020 and 6.3% in 2021. And this projection bodes well for Micron (MU)