U.S. banks shares spark after interest income boost, but outlook mixed
WASHINGTON Big U.S. banks on Tuesday said higher interest rates had helped boost profits in the second quarter,
2023-07-19 00:25
Morgan Stanley profit drops 18% as deal doldrums persist
(Reuters) -Morgan Stanley's profit slipped 18% in the second quarter as Wall Street's deal-making drought stunted revenue from investment banking.
2023-07-18 19:52
Lockheed Martin raises full-year forecast on strong weapons demand
By Pratyush Thakur and Mike Stone (Reuters) -U.S. weapons maker Lockheed Martin on Tuesday raised its annual profit and sales
2023-07-18 19:50
Bank of America profit rises on boost from interest income
Bank of America's profit rose in the second quarter as it earned more from customers' loan payments, while
2023-07-18 18:46
BNY Mellon beats second-quarter profit estimates on higher rates
Bank of New York Mellon Corp beat Wall Street targets for second-quarter profit on Tuesday as the U.S.
2023-07-18 18:45
Ocado keeps guidance after return to first-half underlying profit
By James Davey LONDON Ocado, the British online supermarket and technology group, kept its financial guidance for the
2023-07-18 15:52
Novartis raises outlook, maps out Sandoz spin-off
By Ludwig Burger FRANKFURT (Reuters) -Novartis on Tuesday raised its full-year earnings guidance on strong drug sales and mapped out
2023-07-18 13:54
Netflix shielded from Hollywood strike by global crew, strong pipeline
By Samrhitha A Netflix investors will assess risks from the ongoing strike in Hollywood when the company reports
2023-07-17 18:16
Nokia misses Q2 expectations, lowers full-year guidance
STOCKHOLM Finnish telecom gear group Nokia reported on Friday second-quarter sales of 5.7 billion euros ($6.4 billion), a
2023-07-15 00:19
Citigroup profits drop less than expected as interest income offsets trading slump
(Reuters) -Citigroup beat analysts' estimates for second-quarter profit on Friday as higher interest payments from borrowers partly countered a blow
2023-07-14 21:23
State Street beats profit estimates as interest income rises
State Street Corp on Friday beat profit estimates for the second quarter as the bank's interest income benefited
2023-07-14 21:23
U.S. banks point to resilient but slowing economy, flag risks ahead
Some of the largest U.S. banks got a profit boost from higher interest rates and pointed to early
2023-07-14 21:20