Month: January 2021

James Gorman, chairman and chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview in Beijing, China, on Thursday, May 30, 2019. Giulia Marchi | Bloomberg | Getty Images Morgan Stanley is set to report fourth-quarter earnings before the opening bell on Wednesday. Here’s what Wall Street expects: Earnings: $1.27 a share, 2.4%
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pedrosala | iStock | Getty Images President-elect Joe Biden’s ascension to the presidency will encourage more renewable energy projects in the U.S. International investors are taking note. Greencoat Capital, a global renewables investment manager with $8 billion in assets under management, just announced its first U.S. investment after eight years operating across the U.K. and
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Trevor Williams | DigitalVision | Getty Images As some stocks have climbed to record highs, you may have been tempted to double down on a favorite pick, like Tesla or the latest initial public offering. But at least one money expert is sounding the alarm that some investors may be overexposed to individual stocks. Christine
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WASHINGTON, DC – JANUARY 19: Janet Yellen, President-elect Joe Biden’s nominee for Secretary of the … [+] Treasury, participates remotely in a Senate Finance Committee hearing. (Photo by Anna Moneymaker-Pool/Getty Images) Getty Images It was fascinating to watch Treasury-secretary designate Janet Yellen and several Republican members of the Senate Finance Committee dance their delicate deficit
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Bottles of Tide detergent, a Procter & Gamble product, are displayed for sale in a pharmacy on July 30, 2020 in Los Angeles, California. Mario Tama | Getty Images Procter & Gamble is expected to announce its fiscal second-quarter earnings before the bell Wednesday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings
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A pedestrian passes in front of a Charles Schwab Corp. bank branch in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Retail investing behemoth Charles Schwab beat Wall Street’s profit and revenue expectations for the fourth quarter, the first earnings report following Schwab’s $26 billion acquisition of rival TD Ameritrade. Charles Schwab on
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Word Tax 2021 on calculator. Glasses, pen and the calculator on documents. The concept of financial … [+] stability,Income Statement getty Tomorrow, January 2oth, Joe Biden will be sworn in and for the first time since 2009 the Democrats will control the White House, the House and the Senate (though with Vice President Harris providing
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Matt Damon’s extraordinary retreat showcases masterful craftsmanship. Alexis Adams Academy Award-winning actor Matt Damon and his wife, Luciana Bozán Barroso, have listed their home in Los Angeles’ ultra-exclusive Pacific Palisades neighborhood for $21 million. The couple reportedly plan to move their family to New York City, where they bought a Brooklyn Heights penthouse two years ago
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Brian Moynihan, Bank of America, speaking at the WEF at Davos, January 21, 2020 CNBC Bank of America is scheduled to report fourth-quarter earnings before the opening bell on Tuesday. Here’s what Wall Street expects: Earnings: 55 cents a share, 26% lower than the year-earlier period, according to Refinitiv. Revenue: $20.7 billion, 8.1% lower than
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The Leuthold Group’s Jim Paulsen sees trouble lurking as investors embrace growing odds of another stimulus package. Even though the long-time bull acknowledges massive aid has been necessary to steer the U.S. through the coronavirus crisis, he’s worried too much spending will spark sharp inflation. In a recent note, Paulsen called it the “most significant risk
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