Morgan Stanley earnings top estimates fueled by trading revenue gains
Morgan Stanley saw stronger-than-expected revenue from equity and fixed-income trading amid volatile markets.
Morgan Stanley saw stronger-than-expected revenue from equity and fixed-income trading amid volatile markets.
Goldman seems to have exceeded other Wall Street firms in benefiting from the sudden market upheaval caused by the Ukraine conflict.
JPMorgan said Wednesday that first-quarter profit fell because of increased costs tied to bad loans and market upheaval caused by the Ukraine war.
Delta said it expects a pretax profit in the second quarter and that it will restore capacity to 84% of 2019 levels.
On Wednesday, the fashion rental platform reported fiscal fourth-quarter revenue ahead of analysts' estimates along with a narrower-than-expected loss.
Bed Bath & Beyond is in the middle of a turnaround effort and has been under pressure from an activist investor.
The Dow industrials advanced following a batch of reports from major financial firms. Twitter shares rose after Elon Musk offered to buy the company outright.
The Russian president acknowledged that Western sanctions have stymied his country’s energy industry and it will need to reorient oil and gas sales away from...
The Wall Street bank said its profit fell 42% to $3.94 billion in the first quarter. Still, earnings topped analyst expectations.