Not exact matches
Malik
says it's a short - term
trade meant to boost ad
revenues.
Dimon
said third - quarter
trading revenue will drop about 20 percent on a year - over-year basis.
On Monday, Gerspach
said Citi's
trading revenue could fall 15 percent, citing low market volatility.
Shares had run up 3 percent in regular
trading on Wednesday, and analysts
said investor expectations may have been overblown and voiced concerns that discounts were eating into the company's average
revenue per user.
«Higher than expected
revenues in FICC, I&L (equity gains) and Investment Management (incentive fees) more than offset lower than anticipated
revenues in equity
trading and investment banking (DCM better than expected, M&A and ECM worse),» Barclays analyst Jason M. Goldberg
said in a note.
«We reported solid results in Sales &
Trading and Advisory, and record
revenues in Wealth Management, while managing expenses prudently,» CEO James Gorman
said in a statement.
The company, whose U.S. shares were up 6.9 percent in premarket
trading,
said second - quarter
revenue fell to $ 2.42 billion from $ 2.73 billion a year earlier.
If our
trading partners retaliate as they have threatened (the European Union
says it will target blue jeans, orange juice, Kentucky bourbon, and Harley - Davidson motorcycles, among other products) American producers stand to lose billions in export
revenues and thousands of Americans could lose their jobs.
«These business models essentially
trade on the attractiveness of annuity
revenue and annuity economics,» Burkhart
says.
LONDON —
Revenue at
trading platform Plus500 jumped 284 % in the first quarter of the year, led by a surge in cryptocurrency
trading, the company
said on Tuesday.
«We're working on a tax reform bill that will reduce our
trade deficits, increase American exports and will generate
revenue from Mexico that will pay for the wall if we decide to go that route,»
said Trump.
Another concern from the tariffs is retaliation by U.S.
trading partners, which would hurt companies more reliant on overseas
revenue, the Goldman report
said.
Citigroup
said the sharp rise in stock
trading revenue was a byproduct of increased market volatility in equity markets.
«It's very well possible that domestic
revenue has dropped below $ 1 billion,»
says Alec Helmy, publisher of Xbiz, a
trade journal of the status quo.
«They're not only changing it from having lower costs, but also increasing on the
revenue side,» Gibbs
said Monday on «
Trading Nation.»
«Despite the fact that Q1 2017 was a particularly strong quarter for
trading on the heels of the U.S. Presidential election, we do think we'll see year - over-year growth in
trading revenue,»
said Barclays» bank analyst Jason Goldberg.
The measures are Mr. Trump's strongest
trade action yet against a country that he
says is responsible for thousands of lost American jobs and billions in lost
revenues.
The $ 330 - billion spending plan
says while several economic indicators such as employment numbers and tax
revenues are up, and this year's deficit will likely be lower than expected — there are risks ahead: oil prices are expected to remain low; Canadian exports may remain flat; and «possible U.S. policy actions affecting
trade could restrain exports to the U.S. even further,» the budget
says.
The broad surge in activity could translate into a 5 percent to 6 percent boost to
trading revenue at the top five U.S. investment banks, analysts
said.
Syria, Russia
say Israel launched missile strike on Syrian air base Wall St Journal Hungary's nationalist prime minister wins third term in power: Reuters Trump predicts China will blink first in
trade dispute with US: Bloomberg Trump administration officials soften tone on
trade dispute with China: WSJ N. Korea
says it will discuss denuclearization: NY Times Kudlow: White House considering plans to undo parts of spending bill: Wash Exam US hiring growth slowed sharply in March: Bloomberg German industrial production fell by the most in over 2 years in Feb: Reuters Forward curve for 1 month overnight indexed swap rate inverts: Bloomberg Many US state govts struggling with weak
revenue growth: The Economist
Revenue from equities
trading as well as advising on mergers, IPOs and debt issuance helped fuel gains at the investment bank, with UBS
saying the results would have been even stronger excluding currency effects.
IMI
revenue up; warns on forex headwindsIMI PLC (IMI.LN)
said Thursday that first - quarter performance continued the improved trend of 2017, albeit with uncertainty in some segments, and that current
trading remains consistent with market expectations for the year.
While no one is expecting a new peak in
trading like the ones that occurred in 2009 and shortly before the financial crisis, the
trading desks of the biggest U.S. banks are expected report
revenue as much as 5 % higher than a year ago,
say analysts at Credit Suisse.
«We expect investor attention to return to fundamentals after the technical challenges presented by lockup expirations over the next six months have been absorbed by the stock,»
said Mr. Salmon, who cut his target to $ 15 — 18 % below Friday's
trading level — and reduced his third - quarter
revenue target to flat.
JPMorgan Chase & Co. and Citigroup Inc., which have the two biggest
trading units by
revenue, have
said they expect
trading revenue to be up by «single digits» from a year ago.
«Our price target implies shares
trading at 14.2 x our 2018 enterprise value:
revenue estimate, which we believe is justified due to the company's defensible technological position and significant growth potential,»
said Vendetti.
Now the slow increase in interest rates and, dare we
say, volatility will eventually boost the possibility of
revenue growth on the
trading side of banks like JPM and C.
That
said, investors are not without options, because there are three solid zinc miners that not only
trade on the major exchanges but pull in a meaningful amount of
revenue from the metal's production: Teck Resources (NYSE: TECK), Hecla Mining (NYSE: HL), and Hudbay Minerals (NYSE: HBM).
WASHINGTON — President Trump on Thursday plans to announce at least $ 50 billion worth of annual tariffs and other penalties on China for its theft of technology and
trade secrets, which administration officials
say has robbed American companies of billions of dollars in
revenue and killed thousands of jobs.
Bank of America
said Wednesday that
revenue from its
trading businesses was down 13 percent in the fourth quarter compared with the same period a year earlier.
The bank
said revenue grew seven per cent to $ 5.55 billion, due to rising loan and deposit volumes, «strong» levels of client
trading, and a growing wealth business.
We had disappointing IBM
revenue, Goldman Sachs missed on fixed income and commodities
trading but low and behold Morgan Stanley came and blow the doors off,»
said Hogan.
Over the weekend, Deutsche Bank warned that it would set aside a bigger chunk of money to absorb loan losses and
said revenue from
trading bonds and currencies fell.
(Reuters)-
Trading revenues at Bank of America Corp are on track the be 15 percent lower in the fourth quarter than they were a year ago, Chief Executive Officer Brian Moynihan
said during a question and answer session at an industry conference Tuesday.
«Whilst
trading conditions have been more challenging than we expected we are confident
revenue and cost initiatives underway will restore CCA to growth,» she
said.
The company, which supplies the multiple grocers, wholesale and cash & carry market and the on -
trade, saw
revenue up 10 % to around # 23 million in the year to 31 January 2016, which it
said came on the back of its strategy to build a wide portfolio of brands, despite the challenges of operating in a competitive market.
Trump today plans to announce at least $ 50 billion worth of annual tariffs and other penalties on China for its theft of technology and
trade secrets, which administration officials
say has robbed American companies of billions of dollars in
revenue and killed thousands of jobs.
«The Ghana Single Window is a particularly positive development for our international
trade operation and helping us to achieve our vision of a diversify economy, effective
revenue collection and deploying a transparent process to support our approach to good governance policies,» he
said.
The Minister of Finance, Seth Terkper
said the national single window has led to an increase in
revenue generation and customs
trade procedures.
The Committee added that the Finance Ministry plans to raise
revenue amounting to GHc 8.9 billion for the first quarter of 2017,
saying the bulk of this projection, GHc 7.2 billion, will be from taxes ranging from income and property tax to international
trade taxes.
The comptroller
said revenues were weak, especially from
trading and underwriting.
Nonprofit hospitals have long adhered to standards set by the Internal
Revenue Service for how much they may compensate their executives,
said Kenneth E. Raske, the president of the Greater New York Hospital Association, a
trade group.
She
said African governments must improve
revenue collection, manage expenditure, increase production and deal in more
trade.
«Committing to discount frequently maximizes
revenues by balancing the
trade off between dynamic and static pricing,»
says Feldman.
David Lewis, the VP of sales and marketing at Baker Publishing Group,
said «Our
trade paper fiction
revenue declined by 8 %, our e-book
revenue increased by 3 %, and our cloth fiction has increased by 45 %.»
A
trade representative, if you will, who can sit down with a major platform's administration and
say, «Gosh, folks, you've turned off the
revenue of the very many in order to punish the very few... and your reader - customers aren't too happy with your skinnier selection, either.
«
Trade publishing houses cite e-books as generating fresh consumer interest in — and new
revenue streams for — «backlist» titles,» the AAP
said in a statement.
The bank
said in November it would cut expenses by about 2 billion crowns from 2012 - 14, axing 2,000 jobs in the process, after quarterly profit was wiped out by a drop in
trading income, becoming the latest Nordic lender to combat slowing
revenue growth and higher funding costs.
Multi-asset brokerage E-Trade Financial Corp., operating under the E-Trade brand,
said on Wednesday its clients generated daily average
revenue trades (DARTs) of 143,831 in August 2016, the lowest since October 2015.
«The move to DLC exclusive content is an interesting step, and this obviously provides the publisher with another
revenue stream [but] this move will definitely make the game less valuable on the pre-owned market, so it will be sold cheaper, meaning customers will get less value when
trading in,»
said SwapGame CEO Marc Day.