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Credit card issuer and bank $COF reported a drop in 1Q16 earnings due to higher provision for credit losses and rise in non-interest expense. Net income slid to $970MM or $1.84 per share from $1.115Bil or $2.00 per share last year. Revenue grew to $6.22Bil from $5.65Bil, on strong growth in Domestic Card business.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.