UniCredit to hand $5.70 billion to shareholders after record profit
UniCredit reported a net profit of EUR2.46 billion for the quarter from October to the end of December.
UniCredit reported a net profit of EUR2.46 billion for the quarter from October to the end of December.
Here's why 100K is a magic financial milestone.
Recently, Zacks.com users have been paying close attention to Medical Properties (MPW). This makes it worthwhile to examine what the stock has in store.
"When people are like, 'Oh California is so much more expensive than Texas,' that’s the top income tax rate."
For once, Wall Street isn't blaming Powell for a market beatdown. Here's how I expect things to play out as we edge toward the end of March.
Hedge fund manager Bill Ackman sounds the alarm on the state of the U.S. economy amid a banking crisis and the Federal Reserve's fight against inflation.
It can be hard to know if your retirement savings are on track, but comparing your balance to where others similar in age are can help. In particular, taking a look at the average 401(k) balance by age is a good place … Continue reading → The post The Average 401(k) Balance by Age: Are You Off the Mark? appeared first on SmartAsset Blog.
Altria (MO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
When stock prices fall, opportunities open up. That’s true whether we’re talking about a general market decline, or a slip in some individual stocks. However, it is crucial for investors to conduct due diligence and investigate the reasons behind the drop in price to ensure that they are making informed investment decisions. The key to success here is recognizing when a low-priced stock is fundamentally unsound or just facing tough trading conditions. Fortunately, Wall Street’s equity analysts a
Charles Schwab , one of a host of financial firms that have taken a drubbing since the collapse of several regional banks this month, is pushing back against fears that it could face some of the same problems as paper losses on its bondholdings mount. In an interview with The Wall Street Journal, Schwab’s chief executive said the brokerage giant could continue to operate even if it lost most of its deposits over the next year. “There would be a sufficient amount of liquidity right there to cover if 100% of our bank’s deposits ran off,” said Walt Bettinger, Schwab’s co-chairman and CEO, referring to the company’s banking unit.
Disinflation might be a pipe dream.
Carnival's (CCL) fiscal first-quarter performance is likely to have benefited from strong demand for cruising, relaxation in COVID-related protocols and acceleration in booking volumes.
As the Fed raises interest rates, here are the biggest winners and losers from its latest decision.
Big banks are attracting more deposits–and putting money back into failing banks. A similar system existed in the run-up to the Great Depression.
Car companies loved it when the U.S. government rolled out its $7,500 tax credit for people who buy electric vehicles. On Thursday, EV news outlet Electrek, citing people familiar with the matter, reported that Tesla (ticker: TSLA) expects its lowest-priced Model 3 sedan will lose eligibility for the full $7,500 tax credit, because the car uses LFP batteries sourced from China. Tesla and the Internal Revenue Service, the government agency responsible for implementing the tax credit, didn’t immediately respond to a request for comment.
The average brokerage recommendation (ABR) for Wells Fargo (WFC) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Investors need to pay close attention to Nordstrom (JWN) stock based on the movements in the options market lately.
With the recent collapse of two banks serving as a backdrop, the Federal Reserve hiked interest rates another 25 basis points on Wednesday. The decision to raise the federal funds rate to a 4.75-5% target range comes on the heels of the … Continue reading → The post Fed's Latest Rate Hike: What Retirees Need to Know appeared first on SmartAsset Blog.
Gold stocks and ETFs are an alternative to stocks during times of market uncertainty and inflation. Which gold ETF is nearing a buy point?
The last few weeks have been rocky, with the collapse of Silicon Valley Bank, and the crypto-heavy Silvergate and Signature banks, dominating the headlines. For a short time, it seemed that the contagion would spread to the global financial giants. Now, however, it appears that we’ve managed to avoid a true banking crisis – and Raymond James’ chief investment officer Larry Adam has pointed out several reasons why. For starters, Adam notes that Credit Suisse, despite its troubles, found a way out
Realty Income, stock symbol O, is one of the most consistent dividend payers in the markets. Here's when and where to buy the dip.