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Bank stocks move mostly lower despite earnings beats from Bank of America, Goldman Sachs and Morgan Stanley
Shares of some of the largest U.S. financial-services companies — Bank of America Corp., Goldman Sachs Group Inc. and Morgan Stanley — were trading lower on Wednesday morning despite posting better-than-expected quarterly earnings.
Goldman Sachs Tops Earnings Expectations, Profit Jumps 22%
Goldman Sachs’s second-quarter profit climbed 22% from a year ago to $3.72 billion, the investment bank said Wednesday. Earnings per share were $10.91, topping Wall Street’s estimates for $9.69, according to analysts’ estimates compiled by FactSet.
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Goldman Sachs, BofA, and Morgan Stanley drop record-breaking Q2 earnings reportsGoldman Sachs, Bank of America, and Morgan Stanley just dropped their Q2 earnings numbers, and let’s be honest, Wall Street ...
Morgan Stanley typically reports its quarterly results later than other big banks, but on Wednesday it joined the party.
Another three megabanks are due to report second-quarter earnings on Wednesday, shedding light on the health of dealmaking, ...
Equities trading revenue surged 23%, while it jumped 9% in fixed income, as the turbulence also spilled into bond markets.
Morgan Stanley's profit climbed as market volatility buoyed its trading desk, echoing second-quarter results among its Wall ...
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ViacomCBS investors are seeking final court approval for a $120M settlement with Goldman Sachs (NYSE:GS), Morgan Stanley ...
ViacomCBS Inc. investors who sued Morgan Stanley, Goldman Sachs Group Inc. and Wells Fargo & Co. for dumping the media ...
Morgan Stanley , Goldman Sachs and Wells Fargo will pay a total of $120 million to settle a lawsuit claiming they hid ...
J&J boosted its annual outlook, after posting better-than-expected quarterly profit and sales. Shares rose over 1% in ...
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