Text size Spencer Platt / Getty Images Wells Fargo shares sank after the bank reported worse-than-expected results this week, but they are rising on Wednesday after Evercore ISI upgraded the lender. Analyst John Pancari raised his rating on Wells Fargo (WFC) to outperform In Line, saying the bad news has …
Read More »Vaccine Hopes Boost Earnings for European Stocks and US Stock Futures
Tourists stroll through the center of Rovinj on the Istrian peninsula in the Adriatic Sea on July 4, 2020. Denis Lovrovic / Agence France-Presse / Getty Images European stocks rose Wednesday, and US equity futures also rose as investors accepted positive news about a candidate for the coronavirus vaccine. The …
Read More »Vaccine Hopes Boost Earnings for European Stocks and US Stock Futures
Posted: Jul 15, 2020 at 3:59 am ET European stocks rose Wednesday, and US equity futures also rose as investors accepted positive news about a candidate for the coronavirus vaccine. The Stoxx Europe 600 Index FXXP00 It was up 0.8% after a 0.8% loss on Tuesday. The index is barely …
Read More »Citigroup Earnings Beat Forecasts. Business revenue was strong.
Text size Cindy Ord / Getty Images Citigroup reported better-than-expected results for the second quarter, but the news failed to raise the stock. Earnings for Citigroup (ticker: C) totaled $ 1.3 billion, or 50 cents a share, better than the 35 cents stock analysts expected, but 73% below earnings of …
Read More »Moderna Shares Increase 17% in News About Coronavirus Vaccine Trials
Posted: Jul 14, 2020 at 6:23 pm ET Moderna headquarters in Cambridge, Massachusetts. fake pictures Moderna Inc.’s shares soared in the extended session Tuesday after the biotech company said its coronavirus vaccine candidate produced a “robust” immune system response in a larger group of people and the study will go …
Read More »