– Wells Fargo was fined $250 million by regulators who said the bank has not made sufficient progress in solving ongoing issues in its mortgage business. Regulators had first identified those issues in a 2018 order. Wells Fargo shares added 2% in premarket action.
– American Outdoor Brands earned an adjusted 48 cents per share for its fiscal first quarter, 8 cents above estimates. The maker of outdoor recreational products got a boost from increased profit margins and higher sales in both domestic and international markets. It projects full-year earnings of $2.02 to $2.26 compared with a $2.24 consensus estimate. Shares slid 5.4% in the premarket. – Zumiez beat estimates by 23 cents with adjusted quarterly earnings of $1.
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:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia-Pacific stocks set for mixed start as investors monitor Chinese tech stocksRegulatory concerns surrounding sectors such as video games and private education could continue weighing on Chinese stocks in Hong Kong on Friday. I know we all probably must have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Ronelmoses4 on Twitter he guides me through and i made a return of $10500 after a week of trading, connect with him
Source: CNBC - 🏆 12. / 72 Read more »
AMC and GameStop see retail trading interest dip as new meme stocks rally: CNBC After HoursOn today's show, CNBC.com's Maggie Fitzgerald explains where retail trading interest is headed after GameStop reports earnings.
Source: CNBC - 🏆 12. / 72 Read more »
JPMorgan: These 'tremendous' global stocks will see investors through to next yearNew for subscribers: JPMorgan: These 'tremendous' global stocks will see investors through to next year. Check out CNBCPro today. Pro I know we all probably must have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Ronelmoses4 on Twitter he guides me through and i made a return of $10500 after a week of trading, connect with him
Source: CNBC - 🏆 12. / 72 Read more »
Chinese Videogame Stocks Fall After Summons From RegulatorsShares of Chinese videogame giants Tencent Holdings and NetEase dropped after authorities ordered them to follow new rules for the online-gaming industry
Source: WSJ - 🏆 98. / 63 Read more »
China 'Metaverse' stocks tumble on state media warning, regulators' attentionChinese shares seen with links to 'Metaverse', a virtual shared space based on virtual reality technologies, slumped on Thursday after their recent surge raised regulatory eyebrows and prompted state media to warn against investing in them. Boycott Beijing 2022 Taiwan Is A Country Liberate Hong Kong Free Tibet Made In ABC (Anywhere But China) China Lied, Millions Died Xi Pooh leader for life tightening his grip on every sector, a demographic collapse incoming, food and energy dependence (and soon to be shortage), credit/real estate bubble...and best of all, these are all self inflicted 🤣 China will bury itself! 😂 Get your popcorn ready! 🍿
Source: Reuters - 🏆 2. / 97 Read more »
Analysis: Stimulus-pumped stocks at risk as warning signals flash redSky-high valuations and signs that the flood of cheap cash washing around financial markets may be subsiding suggest the record-breaking run in shares is about to hit the buffers. good luck
Source: Reuters - 🏆 2. / 97 Read more »