117.11 -0.20 (-0.17%)
After hours: 7:54PM EST
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||115.31 - 117.39|
|52 Week Range||81.64 - 117.45|
|PE Ratio (TTM)||18.59|
|Earnings Date||Apr 13, 2018|
|Forward Dividend & Yield||2.24 (1.94%)|
|1y Target Est||119.33|
Twitter’s (TWTR) 4Q17 marked a strong finish to 2017, with earnings that not only grew from the same period one year ago but also smashed consensus estimates. Twitter’s top-line growth actually accelerated from 1.0% YoY in 4Q16, and its revenues fell 4.0% YoY in 3Q17. Wall Street was expecting Twitter to report $686.1 million in revenues for 4Q17.
OK, banks aren't giving out toasters anymore to customers who open new accounts. But they are giving out cash. But before you jump, read the fine print.
HSBC Holdings plc (ADR) (NYSE:HSBC) has hit a crossroads. Like many competitors such as Royal Bank of Scotland Group PLC (NYSE:RBS), Barclays PLC (ADR) (NYSE:BCS), Citigroup Inc (NYSE:C), and JPMorgan Chase & Co. (NYSE:JPM), the London-based bank has yet to see HSBC stock return to the highs achieved in 2008. In the past decade, HSBC has faced declining revenues and profits in most years as it experienced a company restructuring.
BlackRock (BLK), the world’s largest asset manager, is garnering the highest amount of new flows in the industry across its product categories. The company has consistently beaten estimates in six out of the previous seven quarters on higher inflows toward iShares, its strong performances in broader markets, and its diversified product offerings. BlackRock posted EPS of $6.24 in 4Q17 compared to the estimate of $6.02.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting JPM. Over the last one-month, outflows of investor capital in ETFs holding JPM totaled $6.13 billion.
It’s a tough week for fans of mid-century design. Much to the ire of preservationists, JPMorgan Chase announced yesterday plans to demolish its 52-story headquarters in midtown Manhattan, considered by many architecture historians to be a jewel of the Mad Men era. Slated for early next year, it will be largest voluntary building demolition in…
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss a Bloomberg report that the Securities and Exchange Commission and Commodity Futures Trading Commission are investigating manipulation in volatility-related securities.
Investing.com - Just weeks after the stock market correction, Wall Street firms are sounding bullish about stocks again. JPMorgan Chase (NYSE:JPM) reiterated its 3,000 price target for the S&P 500, saying its not the time to sell stocks.The firm also said that rising interest rates do not pose a risk to stocks at this point, adding that there had been some over-reaction to inflation headlines. BlackRock recently said it was bullish on stocks because the Trump administration's tax cuts were "supercharging" corporate earnings growth expectations. JPMorgan Chase also said the correction was driven by technical factors, not by rising interest rates resulting from an uptick in inflation.Wall Street was equally bullish before the correction.Bank of America/Merrill Lynch's monthly fund mangers survey showed 30% thought the bull market would peak sometime in 2019 not in the second quarter of 2018 as previously thought
J.P. Morgan Chase customers were able to access other clients' personal information late Wednesday due to a glitch in the company's online systems.