— The brokerage company's shares fell more than 1% in extended trading after it reported first-quarter earnings that fell below analysts' expectations. With revenue of $1.29 billion, the company just missed revenue expectations of $1.30 billion for the quarter.
Earnings per share came in at 74 cents excluding certain items versus the 77 cents EPS that analysts had expected.— Shares of the financial company were up more than 2% after it reported revenue of $7.43 billion, which beat Factset analyst estimates of $7.34 billion. Capital One did miss on EPS, however, reporting earnings of $2.25 per share for the fourth quarter, which was lower than the $2.28 EPS that Factset analysts had expected.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How companies like Google and IBM plan to make money from quantum computingHere's how quantum computing works, and how it could change everything from Wall Street to Big Pharma and beyond. Make smart decisions. Why spend 100k in education if it’s only gonna make you 35k a yr? Great Video 👍🏾
Source: CNBC - 🏆 12. / 72 Read more »
IBM set to report earnings after the bellIBM's revenue is expected to decline again, even after it began shipping a new mainframe computer. I have a way to make earnings. Yet nobody wants to listen to me. GodBless CNBCStockMarketNews interested in my stock? I have an excellent pitch just ask my lawyer👼🏻
Source: CNBC - 🏆 12. / 72 Read more »
Health-Care and Tech Stocks Tend to Underperform in Election YearsThe health-care and technology segments of the S&P 500 typically suffer their worst performance of the four-year election cycle during the years Americans go to the polls to name a president. yay rich people. there hasn't been a federal minimum wage increase since 2007. Trump uses half a million homeless Americans as political fodder. Income inequality is at a 50-year high. I love all the positive-spin on the economy that is working very well for the richest and very wrong for the poorest. Tell the plebs their doing great because their boss's boss just made another seven figures while they scrap up cash for rent and hope they don't get sick. Outlook for stocks is bolstered by a TRILLION DOLLARS PER YEAR of deficit spending, TheFed's capitulation of fake-low interest rates & another round of QE-not-called-QE. SmallSavers don't belong in casino, but where else to put money with savings earning diddly-squat: MATTRESSES?
Source: WSJ - 🏆 98. / 63 Read more »
Asia stocks set to slip after US reports first case of coronavirusStocks in Asia were set to slip at the open on Wednesday amid heightened concerns over the spread of the coronavirus that has killed 6 in China so far. maybe this guy should of washed his hands. Why should the markets worldwide freak out over one 30 something?
Source: CNBC - 🏆 12. / 72 Read more »
Treasury yields and stocks spiral lower over virus fears and Hong Kong downgradeU.S. Treasury yields are on the slide in early Tuesday trade as fears around a rapidly spreading virus in Asia along with a credit rating downgrade to the region’s premier financial center push investors into haven assets. Translation: “Spiral lower” = Dow Futures down 56 points Nah they selling because it’s been pumping nonstop on fake positive news for a couple months now, meanwhile economic data shows this market is a house of cards Find me someone who sold treasurys because of virus fears. You just make this stuff up, don't you?
Source: MarketWatch - 🏆 3. / 97 Read more »
U.S. tech stocks 'most crowded' trade for bullish investors: BofA surveyU.S. technology and high-growth stocks have been the 'most crowded' tr...
Source: Reuters - 🏆 2. / 97 Read more »