Tag: citigroup

Citigroup Inc Up On Earnings, Wells Fargo & Co Down

Citigroup Inc Up On Earnings, Wells Fargo & Co Down

Citigroup and Wells Fargo released their second quarter earnings reports before opening bell this morning. Citigroup came out well ahead of consensus at $1.24 per share for earnings, against the consensus of $1.10. Revenue was about in line with expectations […]

JPMorgan Chase A Systemic Risk To The Country?

JPMorgan Chase A Systemic Risk To The Country?

JPMorgan Chase Threatens The US Financial Stability by Patrick Watson, Mauldin Economics America’s largest banks are still too big to fail, but Jamie Dimon’s JPMorgan Chase is especially dangerous. A stark warning appears in a joint Federal Reserve — FDIC […]

A New Kind Of Oil Price Speculation

A New Kind Of Oil Price Speculation

A New Kind Of Oil Price Speculation by Cook & Bynum Sometimes structured products are only masquerading as investments, when in reality they are time-bound gambling vehicles.  Jason Zweig recently highlighted a case study where “investors” were simply speculating with […]

Citigroup Inc Beats Earnings, Revenue Estimates

Citigroup released its first quarter earnings results before opening bell this morning, posting earnings of $1.10 per share and $17.6 billion in revenue. Analysts had been expecting earnings of $1.03 per share and $17.4 billion in revenue. In last year’s […]