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Q4 Earnings Season Kicks Off Positively
Article By: Sheraz Mian
Wednesday, January 17, 2024 11:10 PM EST
We are off to a good start in the Q4 earnings season, with an above-average proportion of companies beating EPS estimates. On the flip side, companies appear to be struggling to beat revenue estimates
In this article: BAC, C, JPM
Citigroup To Lay Off 10% Of Its Employees
Article By: Invezz
Friday, January 12, 2024 11:34 PM EST
Citigroup Inc (C) announced plans to lower its global headcount by 10%. The investment bank will lay off about 20,000 of its employees over the “medium term” as part of a sweeping overhaul its chief executive Jane Fraser announced in September.
In this article: C
Breaking Down Early Q4 Earnings Results
Article By: Sheraz Mian
Friday, January 12, 2024 10:32 PM EST
We are off to a good enough start in the Q4 earnings season, though it may be hard to reach that conclusion from the seemingly ‘noisy’ big bank results. The bank results aren’t bad or weak, though most struggled to beat consensus revenue estimates
In this article: BAC, C, JPM, WFC
The Biggest Banks Reported Earnings Today: This One Is The Clear Leader
Article By: Zacks Investment Research
Friday, January 12, 2024 7:27 PM EST
A slew of bank earnings from the largest financial institutions in the world were released this morning, providing insight into their Q4 and 2023 performance.
In this article: BAC, C, JPM, WFC Also: XLF
Citigroup To Layoff 20,000 Employees To Boost Profits
Article By: Mish Shedlock
Friday, January 12, 2024 11:39 AM EST
Happy New Year Citi Employees. CEO Jane Fraser wants to boost profits.
In this article: C

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The No.1 Silver Stock For 2017 (SPONSORED POST)
Joe Economy 1/4/2017 7:56:05 AM

True that silver had been performing better than gold of late, but I have 2 thoughts: I am somewhat concerned about the volatility of penny stocks that you mentioned above. If I was investing in silver I prefer iShares Silver Trust ($SLV), and secondly, with the expectation for more rate hikes in 2017, I foresee that safe haven investments like gold and silver will be worse performers when compared with banking and financial stocks like #Citigroup, #BankOfAmerica, or #Goldman Sachs. As always, best advice is to diversify. $C $BAC $GS

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