$BX (The Blackstone Group L.P.)

$BX {{ '2016-04-04T13:13:54+0000' | timeago}} • Announcement

$HPE said it agreed to sell its equity stake in Mphasis Ltd. to private equity funds managed by $BX. Under terms of agreement, $BX has agreed to purchase at least 84% of $HPE's stake in Mphasis for INR 430 per share. At the proposed price, $HPE's stake is valued at about $825MM. The transaction is expected to close in 2H16.

$AXP {{ '2018-01-19T18:19:26+0000' | timeago}} • Webcast

$AXP said the highest revenue growth segment in 2017 was the US consumer segment. Despite the US consumer segment being very competitive, the company is generating good results and has good opportunities in this space. There are growth opportunities in small and medium-sized enterprises too. These are areas $AXP plans to invest in going forward.

$AXP {{ '2018-01-19T17:55:20+0000' | timeago}} • Webcast

$AXP expects the lending dynamic in 2018 to remain consistent with 2017. The company’s loan growth is expected to exceed the industry as it focuses on increasing its share of lending, particularly with existing customers. Net interest yield has started to stabilize but is expected to contribute to growth versus prior year.

$AXP {{ '2018-01-19T17:55:03+0000' | timeago}} • Webcast

$AXP's reported billings growth was 11% in 4Q17. This was partly due to the dollar weakening YoY versus the major currencies $AXP operates in overseas but also reflects strong underlying growth. The global commercial and global consumer segments represented 40% and 43% of billings respectively. Global network services made up the remaining 17%.

$AXP {{ '2018-01-19T14:05:45+0000' | timeago}} • Announcement

During 4Q17, $AXP posted total revenues net of interest expense of $3.4Bil in its US Consumer Services segment, up 13% from 4Q16. The International Consumer and Network Services segment revenues grew 12%. Global Commercial Services reported a 7% growth in revenues while Global Merchant Services reported a 9% revenue growth versus 4Q16.

$AXP {{ '2018-01-19T13:58:39+0000' | timeago}} • Announcement

$AXP expects EPS for full-year 2018 to be $6.90-7.30. The midpoint of this range will represent an approximate 20% increase from the 2017 EPS, excluding the impacts of the Tax Act in 2017.

$AXP {{ '2018-01-19T13:56:36+0000' | timeago}} • Announcement

$AXP's CEO Kenneth Chenault, who will retire this February, stated that the upfront charge triggered by the Tax Act reduced capital ratios and, as a result, while $AXP will be continuing its quarterly dividends at the current level, the company plans to suspend its share buyback program for 1H18 in order to rebuild its capital.

$AXP {{ '2018-01-19T13:49:19+0000' | timeago}} • Announcement

$AXP reported consolidated total revenues, net of interest expense, of $8.8Bil for 4Q17, up 10% from $8Bil in 4Q16. The increase primarily reflected higher Card Member spending, loans and fees, which more than offset the impact of a lower discount rate.

$AXP {{ '2018-01-19T13:40:43+0000' | timeago}} • Announcement

Financial services company $AXP reported its first quarterly net loss in more than two decades for  4Q17, hurt by a one-time charge of $2.6Bil related to the Tax Act. Net loss was $1.19Bil or $1.41 per share compared to a net income of $825MM or $0.88 per share in 4Q16. Excluding the impacts of the Tax Act, EPS for the quarter was $1.58.

$AXP {{ '2018-01-18T22:13:09+0000' | timeago}} • Infographic

$AXP American Express Company Earnings AlphaGraphic: Q4 2017 Highlights

$BAC {{ '2018-01-18T18:12:16+0000' | timeago}} • Webcast

$BAC said it expects solid NII growth in 2018 from loan and deposit growth. "The increase is going to depend upon the amount of loan growth, the utilization of rates increasing along the forward curve and obviously our ability to manage the deposit rate pay," CFO Paul Donofrio said.

$BAC {{ '2018-01-18T17:13:36+0000' | timeago}} • Webcast

During the earnings conference call, $BAC CEO Brian Moynihan said a lion's share of the saving driven by the tax overhaul will be distributed to shareholders as dividends and share buybacks.

$BEN {{ '2018-01-17T20:45:23+0000' | timeago}} • Announcement

Investment management company $BEN to acquire Edinburgh Partners Limited. The transaction is subject to regulatory approvals and is expected to be completed in 1H18. Terms of the transaction were not disclosed.

$BAC {{ '2018-01-17T14:59:23+0000' | timeago}} • Announcement

Net interest income grew 11.4% to $11.46Bil for $BAC in 4Q17. This was primarily driven by three interest rate increases in 2017. However, non-interest income fell 7% to $9Bil due to the impact of the tax act and lower mortgage banking income.

$BAC {{ '2018-01-17T14:54:10+0000' | timeago}} • Announcement

$BAC said its trading revenue for 4Q17 fell 11% to $2.5Bil, driven by a 13% decline in fixed income trading. The decline was primarily due to lower volatility and client activity. Earlier, rivals $JPM and $C had reported declines in bond trading of 34% and 18% respectively in 4Q17.

$BAC {{ '2018-01-17T14:45:46+0000' | timeago}} • Announcement

Joining the bandwagon of other banking giants, $BAC reported 4Q17 earnings that almost halved to $2.37Bil, or 20 cents per share, weighed down by charges related to Republican tax reforms, as well as lower trading. Excluding this charge, net income was 47 cents per share. Revenue for the quarter edged up 2% to $20.4Bil.

$BAC {{ '2018-01-17T13:32:50+0000' | timeago}} • Infographic

$BAC Bank of America Earnings AlphaGraphic: Q4 2017 Highlights

$AON {{ '2018-01-16T11:56:27+0000' | timeago}} • Announcement

$AON's BoD declared a quarterly cash dividend of $0.36 per share on outstanding class A ordinary shares. The dividend is payable Feb. 15, 2018 to shareholders of record on Feb. 1, 2018.

$VRTS {{ '2018-01-12T18:34:31+0000' | timeago}} • Announcement

$VRTS' affiliate Seix Investment Advisors announced the closing of Mountain View CLO 2017-2, a $406.4MM collateralized loan obligation (CLO). The CLO has a two-year non-call provision and a five-year reinvestment period with a final maturity of 13 years.

$LM {{ '2018-01-11T16:02:05+0000' | timeago}} • Announcement

$LM, which provides multiple financial services, said its assets under management expanded 8% YoY to $767Bil in December. Long-term assets grew 12% to $694Bil, while liquidity dropped 18% to $73.2Bil.

$TROW {{ '2018-01-11T15:05:27+0000' | timeago}} • Announcement

$TROW reported preliminary month-end assets under management of $991Bil as of Dec. 31, 2017. Client transfers from mutual funds to other portfolios were $1.7Bil and $4.2Bil for the month- and quarter-ended Dec. 31, 2017.

Recent Transcripts

AXP (American Express Company)
Thursday, January 18 2018 - 10:00pm
BAC (Bank of America Corporation)
Wednesday, January 17 2018 - 1:30pm
TCRD (THL Credit, Inc.)
Friday, November 10 2017 - 3:30pm
BANX (StoneCastle Financial Corp.)
Thursday, November 9 2017 - 10:00pm
TCPC (TCP Capital Corp.)
Tuesday, November 7 2017 - 6:00pm
WHF (WhiteHorse Finance, Inc.)
Tuesday, November 7 2017 - 4:00pm
AEL (American Equity Investment Life Holding Company)
Tuesday, November 7 2017 - 3:00pm
RESI (Altisource Residential Corporation)
Tuesday, November 7 2017 - 1:30pm
AIG (American International Group, Inc.)
Friday, November 3 2017 - 12:00pm
FNGN (Financial Engines, Inc.)
Thursday, November 2 2017 - 9:00pm
ALL (The Allstate Corporation)
Thursday, November 2 2017 - 1:00pm
AFG (American Financial Group Inc.)
Wednesday, November 1 2017 - 3:30pm
APO (Apollo Global Management, LLC)
Wednesday, November 1 2017 - 2:00pm
CG (Carlyle Group LP)
Tuesday, October 31 2017 - 12:30pm
AMG (Affiliated Managers Group Inc.)
Monday, October 30 2017 - 12:30pm
VRTS (Virtus Investment Partners, Inc.)
Friday, October 27 2017 - 2:00pm
AON (Aon plc)
Friday, October 27 2017 - 12:30pm
DRE (Duke Realty Corporation)
Thursday, October 26 2017 - 7:00pm
BEN (Franklin Resources, Inc.)
Thursday, October 26 2017 - 3:00pm
SFE (Safeguard Scientifics, Inc.)
Thursday, October 26 2017 - 1:00pm

AlphaGraphics you may like