James Gorman, chief executive of Morgan Stanley. Qilai Shen | Bloomberg | Getty Images Morgan Stanley is set to report second-quarter earnings before the opening bell on Thursday. Here’s what Wall Street expects: Earnings: $1.14 a share, 12% lower than a year earlier, according to Refinitiv Revenue: $9.99 billion, 5.8% lower than a year earlier
Month: July 2019
A Microsoft store in New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell: Microsoft ticked up 1% in after-hours trading after the company’s fourth-quarter earnings beat estimates. The technology company reported adjusted earnings per share of $1.37 on revenues of $33.72 billion. Analysts had expected earnings per share of
Signage is displayed outside Morgan Stanley & Co. headquarters in the Times Square neighborhood of New York. Michael Nagle | Bloomberg | Getty Images Morgan Stanley‘s rich clients may have gotten surprised by their tax bills this year. The bank’s wealth management business was hit by an unexpectedly high outflow of deposits in the second
Photo by Hero Images via Getty Images Healthy couples retiring in 2019 will have to dig deep to cover medical expenses. A 65-year-old couple in good health will need $387,644 to pay for health-care costs for the remainder of their lives, according to HealthView Services, a provider of health-care cost projection software. That sum includes
US – China trade war, boxing flag fists Getty Beijing sent another warning to America over rare earths: trade war or not, we could squeeze you, at any time. That’s according to a recent Global Times, editorial, which argues that China has several tactical options besides this one in the rare earth market. “China doesn’t
Brownstones in Manhattan’s West Village. Getty When you think of a star-studded neighborhood, the quiet, low-rise neighborhood of the West Village is not what may come to mind. The quaint neighborhood on the Hudson River in lower Manhattan, however, is chock-full of A-listers who enjoy both anonymity and luxury in its maze of streets. Though
A spike in announcements of bonus payments for workers followed the passage of the Tax Cuts and Jobs Act (TCJA) in December 2017, and President Trump took credit for the extra payouts. They were, he said, just the beginning of a protracted period of real compensation growth fueled in part by the cut in corporate
A number of Southwest Airlines Boeing 737 MAX aircraft are parked at Southern California Logistics Airport on March 27, 2019 in Victorville, California. Southwest Airlines is waiting out a global grounding of MAX 8 and MAX 9 aircraft at the airport. Mario Tama | Getty Images Uncertainty over when regulators will allow the Boeing 737
A man smokes with the electronic tobacco heater IQOS (I quit ordinary smoking) of the tobacco company Philip Morris. Sebastian Kahnert | picture alliance | Getty Images Philip Morris International beat second-quarter earnings and revenue estimates while hiking its full-year forecast as its new tobacco products gain momentum. The tobacco giant is trying to pivot
U.S. President Donald Trump tours his ‘Made In America’ product showcase at the White House July 15, 2019 in Washington, DC. Chip Somodevilla | Getty Images President Donald Trump’s allies in the business world and an army of bundlers have been courting executives across the country in an effort to help raise millions of dollars
Flood waters cover a neighbourhood street after Tropical Storm Barry passed through in Mandeville, Louisiana on July 14, 2019. SETH HERALD | AFP | Getty Images Hurricane Barry dumped more than 23 in. of rain in places as it stormed up the Mississippi River Valley from Louisiana and Alabama to Arkansas and as far north
Dara Khosrowshahi, chief executive officer of Uber Technologies speaks on a webcast during the company’s initial public offering on the floor of the New York Stock Exchange, May 10, 2019. Michael Nagle | Bloomberg | Getty Images Morgan Stanley gave clients a bunch of earnings stock picks where the firm’s view differs from the rest
A bipartisan bill that cleared the House last week would let first-time homebuyers pay a bit less at closing if they go through homeownership counseling. Called the Housing Financial Literacy Act, the measure would apply to first-time homebuyers who take out a mortgage backed by the Federal Housing Administration. Borrowers who go through the counseling
Individual income tax returm form by IRS, concept for taxation planning Getty Earlier this year, the U.S. House of Representatives passed the Setting Every Community Up for Retirement (SECURE) Act, by a whopping 417-3 vote. Initially, it was widely believed that the Senate would make quick work of the bill, as it had the incredible
Millennial home buyers have become the largest cohort for home purchases, Adobe Stock A new report by CoreLogic, a leading property information and data provider, takes a deep dive into the evolution of the U.S. housing market during the nation’s longest economic expansion and touches on a burning question: Is a recession looming? The U.S.
CNBC’s Jim Cramer said Wednesday that a number of bank stocks are worth buying, despite signs that the economy is weakening and the Federal Reserve won’t be raising interest rates this year. The banking cohort that have reported earnings thus far — Citigroup, JPMorgan Chase, Wells Fargo and Goldman Sachs — combined made $29.5 billion, which the
David Solomon, Goldman Sachs Andrew Harrer | Bloomberg | Getty Images Goldman Sachs is scheduled to report second-quarter earnings before the market opens Tuesday. Here’s what Wall Street expects: Earnings: $4.89 per share, forecast by Refinitiv Revenue: $88.828 billion, forecast by Refinitiv Goldman posted first-quarter revenue below Wall Street estimates as executives cited tougher market
European stocks are set to open lower Thursday, as investors digest fresh corporate results and keep an eye on global trade developments. European Markets: FTSE, GDAXI, FCHI, IBEX Britain’s FTSE 100 was seen 17 points lower at 7,511, Germany’s DAX down 87 points at 12,250, and France’s CAC off by 27 points at 5,542, according
A fireball erupted from the base of SpaceX’s so-called “Starhopper” prototype rocket after a test at the company’s facility in Texas. @LabPadre A fireball erupted from the base of SpaceX’s prototype rocket on Tuesday evening, minutes after a key test at the company’s facility in Boca Chica, Texas. The blaze erupted from what appeared to
New Jersey Governor Phil Murphy speaks after taking the oath of office in Trenton, New Jersey, January 16, 2018. Lucas Jackson | Reuters New Jersey is suing the Internal Revenue Service, challenging new rules that would block states’ attempts to get around a new $10,000 cap for state and local tax deductions. The state’s governor,
- « Previous Page
- 1
- …
- 14
- 15
- 16
- 17
- 18
- …
- 36
- Next Page »