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Wall Street rally pauses as investors await corporate earnings reports

Wall Street rally pauses as investors await corporate earnings reports

Wall Street rally pauses as investors await corporate earnings reports

(Reuters) – A five-day rally in U.S. stocks ran out of steam on Friday as investors booked profits and reset their positions ahead of the earning season set to begin next week. The technology and trad… Continue reading at reuters.com

Monday Memo: Seattle-area real-estate year-end review, big banks' earnings reports

MONDAY: The quarterly earnings season kicks off this week with fourth-quarter financial reports from big U.S. banks -- starting with Citigroup. TUESDAY: The Labor Department releases the Producer Price … Continue reading at seattletimes.com

Can Earnings Reports Push Bank Stocks Higher?

Bank stocks have been enthusiastic participants in the post-Christmas bounce in the market, but they remained a weak part of the market overall last year. The chart below shows the stock market perfor… Continue reading at investing.com

Stock Tips

Barclays Constructive On US Large-Cap Bank Stocks Ahead Of Earnings Reports

Bank earnings season is around the corner, and most banks are expected to continue their forecast-beating streak, according to Barclays. The Analyst Barclays analyst Jason Goldberg previewed big … Continue reading at finance.yahoo.com

Earnings

Logitech (LOGI) Reports Next Week: Wall Street Expects Earnings Growth

Logitech (LOGI) is expected to deliver a year-over-year increase in earnings on higher revenues when i t report s results for the quarter ended December 2018. This widely-known consensus outlook gives … Continue reading at nasdaq.com

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Stock Tips

Genesco reports Q4 comparable sales and reiterates FY19 earnings guidance

Genesco (GCO +0.2%) announced comparable sales, including both stores and direct sales, increased 4% for the quarter, with same store sales +3% and e-commerce businesses +8%. Retail business … Continue reading at seekingalpha.com

Netflix’s Stock Extends Rally on Bullish Analyst Reports Ahead of Its Earnings

Netflix's stock rallied as much as 5% Friday following a pair of bullish reports from Wall Street analysts who are expecting the streaming-video giant to post strong earnings results next week. Continue reading at fortune.com

First Citrus Bancorporation, Inc. Reports Fourth Quarter 2018 Net Earnings Growth of 70% and Surpasses 0 Million in Assets

Net income for the twelve months ended December 31, 2018 was $ 3.9 million, or $ 2.00 per share, compared to the net income of $ 2.5 million, or $ 1.44 per share for the twelve months ended December … Continue reading at globenewswire.com

Citigroup Reports Fourth Quarter 2018 Financial Results

On this basis, earnings per share of $ 1.61 increased 26% from $ 1.28 per diluted share in the prior-year period, driven by the growth in net income and an 8% reduction in average diluted shares outstan… Continue reading at marketwatch.com

KeyCorp (KEY) Reports Next Week: Wall Street Expects Earnings Growth

KeyCorp (KEY – Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2018. This widely-known consensus out… Continue reading at zacks.com

* Forbes Media Chairman Steve Forbes discusses how the U.S. can maintain a strong dollar and why the Federal Reserve shouldn't manipulate interest rates.

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Comments

    • Joseph Van Zandt
    • January 14, 2019

    The Fed exists for one reason and one reason only — to insure the corrupt and criminal banksters continue to expand their fortunes at the expense of the rest of us. When the Second American Revolution begins (and it will be soon), the banksters will be the first in line at the guillotine.

    View Comment
    • Ironballs Mcginty
    • January 14, 2019

    Abolish the fed

    View Comment
    • Jestermon1
    • January 14, 2019

    Wait, I thought they said the President was crazy for saying this.

    View Comment
    • rodrigo sarpi
    • January 14, 2019

    the fed should leave, period

    View Comment
    • JAMES DENTON
    • January 14, 2019

    SET THE FED RATE AT 1.75% AND WALK AWAY. LET THE CONSUMERS DICTATE THE ECONOMY. LET THE ECONOMY BE NATURAL. NO MORE FED MONKEY WRENCH.

    View Comment
    • Marek Kolenda
    • January 14, 2019

    Economy go to recession this year.

    View Comment
    • Marek Kolenda
    • January 14, 2019

    WH cabinet meeting without cabinets members .It's joke.

    View Comment
    • greg poulin
    • January 14, 2019

    Everything is being done to destroy President Trump. The democrats the Fed the deep state swamp. Even Republicans want to drag down America and President Trump.. So much corruption..

    View Comment
    • Larry Hampton
    • January 14, 2019

    I seldom agree with Steve Forbes but he is on the right side of the argument this time. These international bankers who run the Fed are trying to drive down the US economy in retaliation to Trump's dismantling their NWO agenda.

    View Comment
    • emma lane
    • January 14, 2019

    Our monitary system is run by the Rothschild's…the US Treasury is not a Federal Organization.

    Good grief…Fox News is not telling the whole truth here.

    Elizabeth Warren is a socialist…

    Socialism = Communism. NO THANK YOU!

    View Comment
    • Transpower
    • January 14, 2019

    Steve is right, the Fed should NOT be setting interest rates (specifically the Fed funds rate); the market should set all interest rates. These artificially low interest rates destroy the savings of seniors and misallocate capital. What the Fed should do is simply to sell bonds to the public to prevent inflation, and buy back bonds from the public to prevent deflation. Giving newly printed money to the banks does not alter the purchasing power stream in the least. See the Optimal Economist software program for the details. https://www.amazon.com/Optimal-Economist-Implementation-Larsonian-Econophysics/dp/B07G3FCG7C/ref=sr_1_3?ie=UTF8&qid=1546467499&sr=8-3&keywords=Optimal+Economist

    View Comment
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