16.6 C
New York

Tag: First Quarter Earnings

It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse. By the end of the year,...
It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse. By the end of the year,...

Wells Fargo defies the odds, smashes earnings expectations despite interest rate blues!

Wells Fargo outperformed Wall Street estimates for its first-quarter earnings and revenue. The decline in its net interest income was offset by an increase in non-interest income. CEO Charlie Scharf highlighted the bank's progress in diversifying its financial performance. The bank also made significant share repurchases, contributing to a year-to-date stock gain of over 15%.

Recent articles

spot_img