• Wells Fargo earnings fall as bank reports tax hit, fewer loans and deposits

    8 monthes ago - By Stl Today

    Wells Fargo & Co. on Friday reported lower-than-expected earnings for the second quarter and said it set aside nearly half a billion dollars to pay additional state taxes in the wake of a recent U.S. Supreme Court decision. The San...
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  • How major US stock indexes fared Friday

    8 monthes ago - By Chron

    U.S. stocks wrapped up another solid week Friday as industrial and energy companies ticked higher, but quarterly results from several big U.S. banks didn't excite investors.
    On Friday:
    The S&P 500 index gained 3.02 points, or 0.1 percent, to 2,801.31.
    The Dow Jones Industrial Average advanced 94.52 points, or 0.4 percent, to 25,019.41.
    The Nasdaq composite edged up 2.06 points, or less than 0.1 percent, to 7,825.98.
    The Russell 2000 index of smaller-company stocks slid 3.20 points, or 0.2 percent, to 1,687.08.
    For the week:
    The S&P 500 rose 41.49 points, or 1.5 percent.
    The Dow jumped...
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  • Bank Earnings Round Two: Bank Of America, Goldman Sachs And Morgan Stanley To Report Next Week

    8 monthes ago - By Forbes

    Bank of America, Goldman Sachs and Morgan Stanley report earnings next week. Here's a look at what might be expected from the three big banks for the second quarter.
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