Analysts at UBS Securities lowered Wells Fargo’s rating and earnings forecast, saying the bank will have a tougher time bouncing bank from the coronavirus pandemic — more so than other financial institutions (FIs). In a UBS research document released on Monday (May 4), analysts lowered Wells...
The online personal styling service Stitch Fix saw its shares plummet more than 30 percent on Tuesday (March 10) after the startup’s second-quarter sales for fiscal year 2020 missed analysts’ estimates, according to reports. As of 3:55 p.m. on Tuesday (March 10), Stitch Fix shares...
From no growth to, well, growth. From economic doldrums to a healthy, if not robust, picture. On the heels of Black Friday and Cyber Monday, on the heels of continued consumer spending and positive personal income data – and flying in the face of downturns...
Pre-sales for Apple’s new iPhone are beating expectations and topping last year’s pre-orders for the same time period, Reuters reported on Tuesday (Sept. 17). Independent research conducted by Wall Street analysts shows that first-weekend sales point to a healthy start and could offset the reduced...
April 20, 2017
With Costco increasingly in the rearview mirror, American Express hurdled Street estimates, as members spent more both here and abroad.
May 05, 2020
Analysts at UBS Securities lowered Wells Fargo’s rating and earnings forecast, saying the bank will have a tougher time bouncing bank from the coronavirus pandemic — more so than other financial institutions (FIs). In a UBS research document released on Monday (May 4), analysts lowered Wells Fargo’s rating from Neutral to Sell, stating that the bank […]
March 10, 2020
The online personal styling service Stitch Fix saw its shares plummet more than 30 percent on Tuesday (March 10) after the startup’s second-quarter sales for fiscal year 2020 missed analysts’...
September 17, 2019
Pre-sales for Apple’s new iPhone are beating expectations and topping last year’s pre-orders for the same time period, Reuters reported on Tuesday (Sept. 17). Independent research conducted by Wall Street...
March 31, 2019
Citigroup, the third-largest bank in the U.S., could miss the financial targets for 2020 in the consumer division, reported The Financial Times. Despite the report from The Financial Times, executives at Citigroup...
