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Q3 Beats from Big Banks Fail to Boost Financial ETFs

2017-10-20 zacks
The financial sector, which accounts for around one-fifth of the S&P 500 index, is now busy with Q3 earnings releases. The going is good so far, with most big banks crushing estimates on both lines (read: Fed to Hike in December? Buy Quality ETFs). (254-0)

Bank Stock Roundup: Q3 Earnings Impress, BofA, PNC Financial Beat Estimates

2017-10-20 zacks
Most banks that reported third-quarter 2017 results this week managed to record bottom-line improvement on the back of top-line strength and lower provisions. This also led to positive price movement for most bank stocks over the last five trading days. In addition to the benefits from higher interest rates, the results mirrored a marginal upswing in loans. Moreover, margin pressure seems to be easing significantly. (391-0)

Asian Companies Sell Most Stock in U.S. Since Alibaba's IPO - Bloomberg

2017-10-20 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (94-0)

Tracking Ken Fisher's Fisher Asset Management Portfolio - Q3 2017 Update

2017-10-20 seekingalpha
Alibaba Group Holdings, Amazon.com, Visa Inc., Apple Inc., and Johnson & Johnson are the largest five individual stock positions. (1097-1)

Coders who trade: Wall Street designs its staff for the future (VIDEO)

2017-10-20 themalaymailonline
Traders work on the floor of the New York Stock Exchangein New York July 12, 2017. — Reuters picNEW YORK, Oct 20 — Goldman Sachs Group Inc realised it had a problem. (177-0)

United’s Munoz conducts a Master Class on spooking Wall Street

2017-10-20 themalaymailonline
Chief executive officer of United Airlines Oscar Munoz introduces a new international business class dubbed United Polaris in New York, June 2, 2016. — Reuters picNEW YORK, Oct 20 — A routine quarterly conference call grew tense yesterday as United Continental Holdings Inc’s chief executive, Oscar Munoz, and his deputies declined to reassure analysts about cost containment, capacity growth, and financial targets the huge US carrier laid out last November. (191-0)

United’s CEO Conducts a Master Class on Spooking Wall Street - Bloomberg

2017-10-20 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (191-0)

Rolet Wants To Go Out On A High. Good Luck. - Bloomberg Gadfly

2017-10-19 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (142-0)

BB&T Corp (BBT) Q3 Earnings as Expected, Revenues Rise Y/Y

2017-10-19 zacks
BB&T Corporation’s (BBT - Free Report) third-quarter 2017 adjusted earnings of 78 cents per share came in line with the Zacks Consensus Estimate. Results recorded 2.6% bottom-line improvement from the year-ago quarter. Results reflected an increase in revenues and higher expenses. The quarter witnessed a decrease in loans and leases and deposits. Additionally, provision for credit losses decreased, which was a tailwind. (193-0)

MOVES-Citi names new business development head for APAC, Japan

2017-10-19 reuters
Oct 19 (Reuters) - Citigroup Inc on Thursday named Rimmo Jolly head of ETF business development for APAC and Japan, according to an internal memo seen by Reuters. (94-0)

One of the Biggest ICOs Yet Crashes Before It Even Launched - Bloomberg

2017-10-19 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (94-0)

Abu Dhabi's Adnoc to Plan IPO of Gas Stations This Year - Bloomberg

2017-10-19 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (203-0)

BancorpSouth's (BXS) Q3 Earnings Beat Estimates, Costs Down

2017-10-19 zacks
BancorpSouth, Inc. (BXS - Free Report) reported third-quarter 2017 adjusted operating earnings of 43 cents per share, beating the Zacks Consensus Estimate of 42 cents. Also, the bottom line compared favorably with the year-ago quarter earnings of 39 cents.   Results benefitted from an improvement in net interest revenue and lower expenses, partially offset by lower non-interest revenue. Loans and deposit balances remained strong during the quarter. (140-0)

Turkish Retailer DeFacto Is Said to Hire HSBC, Citigroup for IPO - Bloomberg

2017-10-19 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (164-0)

Want to Protect Your Wall Street Job From Robots? Learn How to Code - Bloomberg

2017-10-19 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (122-0)

Texas Capital (TCBI) Beats Q3 Earnings & Revenue Estimates

2017-10-19 zacks
Driven by top-line strength, Texas Capital Bancshares Inc. (TCBI - Free Report) reported a positive earnings surprise of around 1% in third-quarter 2017. Earnings per share of $1.12 outpaced the Zacks Consensus Estimate by a penny. Moreover, the bottom line came in 28.7% higher than the prior-year quarter figure of 87 cents. Better-than-expected results were driven by rise in revenues and lower provisions. (157-0)

M&T Bank (MTB) Lags Q3 Earnings Estimates, Revenues Rise

2017-10-19 zacks
M&T Bank Corporation’s (MTB - Free Report) reported third-quarter 2017 net operating earnings of $2.24 per share which lagged the Zacks Consensus Estimate $2.40. However, it increased 5.2% on a year-over-year basis. (150-0)

Steel Boom in China Stutters as Xi Parades Green Credentials - Bloomberg

2017-10-19 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (94-0)

Analysts Really, Really Want to Be Liked - Bloomberg

2017-10-19 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (125-0)

Bond Market's ‘Taylor Put’ Signals Traders on Edge Over Fed Pick - Bloomberg

2017-10-18 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (138-0)

Tom Hayes Can Appeal Confiscation of $2.5 Million Home in U.K. - Bloomberg

2017-10-18 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (96-0)

Why did Synovus (SNV) Stock Fall Despite Q3 Earnings Beat?

2017-10-18 zacks
Driven by top-line strength, Synovus Financial Corporation (SNV - Free Report) recorded a positive earnings surprise of 1.6% in third-quarter 2017. Adjusted earnings of 65 cents per share beat the Zacks Consensus Estimate by a penny. Also, the reported figure came in 25% higher than the prior-year quarter tally. Higher revenues backed by strong loans & deposits balances drove organic growth. Notably, lower efficiency ratio was a tailwind. (154-0)

U.S. Bancorp's (USB) Q3 Earnings as Expected, Revenues Up

2017-10-18 zacks
U.S. Bancorp’s (USB - Free Report) third-quarter 2017 earnings per share of 88 cents came in line with the Zacks Consensus Estimate. Results came ahead of the prior-year quarter earnings of 84 cents. Easing margin pressure on rising rates was witnessed in the quarter. Moreover, revenues improved on a year-over-year basis aided by rise in net interest income. Further, elevated average loans and deposits balances were tailwinds. (153-0)

10 Blue-Chip Dividend Stocks to Buy for 2018 | InvestorPlace

2017-10-18 investorplace
As we enter the homestretch of 2017, it’s already time to start planning ahead for 2018. And if next year proves to be anything like this year, we should expect the unexpected. I’m a big believer in finding the best dividend stocks to buy — and particularly blue-chip dividend stocks — in virtually any market environment. But not all dividend stocks move in lockstep, and some are clearly better suited for certain environments than others. (397-1)

As Banks Build Out Their Own Robo-Advisers, Funding Falls for Startups - Bloomberg

2017-10-18 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (229-0)