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Financials & Fintech

Interest Rates & Oil Surge While Stocks Drift Lower This Week – $AAPL $GOOG $LTRN $MSFT $SIL Rise!

Quote of the Day: "The secret of happiness is something to do." - John Burroughs       Happy Saturday! I hope you all had a marvelous week in the markets and all is good in your part of the world. As for the broad markets, the stocks overall ended flat to lower this week across...

Large Caps Pullback While The Smalls Spring Foward This Week – $INDP $LTRN $META $NVDA $PLTR $SIL $SMCI Rise!

Quote of the Day: "The world of reality has its limits; the world of imagination is boundless." - Jean-Jacques Rousseau       Happy Saturday! I hope you all had a wonderful week in the markets and otherwise. As for the broad markets, the large cap stocks overall pulled back, w...

NASDAQ Leaps To All-Time New High As AI, Russell 2000, Biotech, & Bitcoin Sprint This Week – $AMZN $CRM $INDP $INVO $LTRN $META $MODD $NVDA $TSLA $XBI Rise!

Quote of the Day: "The world of reality has its limits; the world of imagination is boundless." - Jean-Jacques Rousseau   Happy Saturday! I hope you all had a great week and that you manage to grow your wealth in many ways during this Leap year and as we completed the first trading day of ...

Magnificent Seven & AI Stock Mania Led Robust Large Cap Weekly Advance – $INDP $INVO $META $MODD (+41.83%) $NVDA $SHIP $XBI Rise!

Quote of the Day: "You begin with the possibilities of the material." - Robert Rauschenberg     Happy Saturday! I hope you all had a fantastic week. As for me, I hunkered down here in San Francisco after President's Day, successfully catching my breath post a solid period of traveling...

Large Caps See Roller Coaster Ride As Interest Rates & Russell 2000 Move Higher – $ARKK $IWC $IYH $META $NVDA $TSLA $XBI Rise!

Quote of the Day: "You begin with the possibilities of the material." - Robert Rauschenberg     Happy Saturday! I hope you all had a fantastic week. As for me, I once again spent the first part of the week in San Francisco meeting with CEO's of some interesting companies, prospective ...

S&P 500 Surpasses 5k As Interest Rates Jump This Week – $ADT $ARKK $BTC $GOOG $INDP $IWC $NVDA Rise!

Quote of the Day: "The only Zen you can find on the tops of mountains is the Zen you bring up there." - Robert M. Pirsig     Happy Saturday! I hope you all had a great week. As for me, I spent the first part of the week in San Francisco meeting with CEO's of some interesting companie...

Large Caps Soar To Fresh Record Highs As Interest Rates & Oil Prices Pullback – $AMZN $DECK $INDP $LTRN $META $MRK Rise!

Quote of the Day: "The only Zen you can find on the tops of mountains is the Zen you bring up there." - Robert M. Pirsig     Happy Saturday! I hope you all had a great week. As for me, I travelled to Dallas, Texas this week to co-host two Complimentary CEO Presentation and Q&A Di...

Soft Landing & AI Rhetoric Fuels Weekly Stock Market Gains – $ADT $BFRG $CRBP $DECK $LTRN $MODD $MSFT $NVDA Rise!

Quote of the Day: "Leadership is the capacity to translate vision into reality." - Warren Bennis     Happy Saturday! I hope you all had a great week. I spent this week in San Francisco, but will be heading out to Dallas, Texas next week to co-host two Complimentary CEO Presentation a...

Dow, S&P & AI Stocks Soar To Record Highs As Interest Rates Jump This Week – $AAPL $BFRG $DECK $INDP $LTRN $NVDA Rise!

Quote of the Day: "A man should always consider how much he has more than he wants." - Joseph Addison     Happy Saturday! I hope you all had a fantastic week. I am happy to report that I flew to Miami and West Palm Beach, FL for the first time since Covid reared its ugly head or nearl...

Yield Curve & Small Caps Pull Back While Large Caps Rise This Week – $INDP $SONO $STNE Rise!

Quote of the Day: "You can't expect to hit the jackpot if you don't put a few nickels in the machine." - Flip Wilson     Happy Saturday! I hope all proceeded as planned or even better in this second week of the new year. As for the broad markets, the large caps faired fairly well, h...

Interest Rate & Red Sea Worries Increase While Stocks Suffer To Begin 2024 – $INDP $IYH $META $MODD $MRNA $NVS $SHIP $VYGR Rise!

Quote of the Day: "Happiness is good health and a bad memory." -  Ingrid Bergman     Happy Saturday & HNY! I hope all went for you during this first week of 2024. As for the broad markets, the end of 2023's Santa Rally was met by a grinch of sorts that came in the form of worri...

Santa Rally Proves Positive While Interest Rates & Oil Prices Drop Into The New Year – $ADT $DECK $LTRN $MODD $SHIP $STNE $XBI Rise!

Quote of the Day: "We pass through this world but once." - Stephen Jay Gould     Happy Saturday! I hope that you had a great last week of 2023 and are out enjoying your long New Year's Holiday Weekend.  As for the broad markets, the Santa Rally continued to produce profits for many...

Growth & Biotech Stocks See Outsized Gains As Interest Rates Drop This Week – $ARKK $GOOG $KRTX $MODD $STNE $XBI Rise!

Quote of the Day: "Christmas waves a magic wand over this world, and behold, everything is softer and more beautiful." - Norman Vincent Peale     Happy Saturday! I hope that you had a marvelous week and are out and about enjoying this holiday season.  As for the broad markets, stoc...

The Fed Provides Holiday Dovish Gift For Investors This Week – $ADT $ARKK $LTRN $SHIP $SONO $STNE $XBI Rise!

Quote of the Day: "Nothing can have value without being an object of utility." - Karl Marx     Happy Saturday! I hope that you had a great week my friends.  As for the broad markets, stocks, especially growth oriented equities, seemed to be blessed once again after The Fed moved to...

Large Caps Overall Positive This Week

Quote of the Day: "Always turn a negative situation into a positive situation." - Michael Jordan     Happy Saturday! I hope that you had a great week wherever the world took you.  As for the broad markets this week, large caps stocks overall had a positive, albeit modest gain of we...

Growth Stocks, Biotech & Bitcoin Leap Ahead As Interest Rates Dive This Week – $ADT $INDP $MODD $SHIP $STNE $XBI Rise!

Quote of the Day: "Courage is found in unlikely places." - J. R. R. Tolkien     Happy Saturday! I hope you had a productive week.  As for the broad markets this week, stocks overall had a positive move broadly as we closed out a mor than solid November and kicked off the last month ...

3M Declares $1.50 Per Share Dividend For Q4 2023 – $MMM $DIA $SPY $MODD

As per reports, the Board of Directors at 3M (MMM) announced a dividend of $1.50 per share on the company's common stock for the fourth quarter of 2023. Shareholders of record as of November 17, 2023, will receive the dividend on December 12, 2023. 3M has maintained an unbroken record of paying divi...

Thanksgiving Holiday-Shortened Week Ends With A Win – $DECK $INDP $LTRN $MODD $SHIP $SONO $STNE Rise!

Quote of the Day: "One that would have the fruit must climb the tree." - Thomas Fuller     Happy Saturday! I hope all proceeded along a positive trend this week for you and yours. As for the broad markets this week, stocks moved higher albeit on lower trading volume totals, but neve...

Growth, Small, & MicroCap Stocks Lead The Way This Week – $ADT $ARCC $IWC $LTRN $PEN $SONO $TSLA $XBI Rise!

Quote of the Day: "Someone is sitting in the shade today because someone planted a tree a long time ago." - Warren Buffett     Happy Saturday! I hope all proceeded along a positive trend this week for you and yours. As for the broad markets this week, stocks saw a significantly posi...

Magnificent Seven & Large Caps Lead Weekly Gains As Small Caps Pull Back – $AAPL $BTC $DECK $INVO $LTRN $NVDA Rise!

Quote of the Day: "We relish news of our heroes, forgetting that we are extraordinary to somebody too." - Helen Hayes     Happy Saturday! I hope that you had a wonderful week and that you are enjoying a weekend with you and yours that is exceeding your expectations.  After last wee...

The Stock Market Produces Broad Outsized Gains This Week As Interest Rates Surf South – $ADT $AMZN $AAPL $DECK $INDP $LTRN $NVDA $XBI Rise!

Quote of the Day: "A life spent making mistakes is not only more honorable, but more useful than a life spent doing nothing." - George Bernard Shaw   Happy Saturday! I hope that you had a wonderful week and are out an about enjoyable an amazing weekend. As for the broad markets this week,...

S&P 500 Legs Lower Into Correction Territory This Week – $AMZN $DECK $INVO $MSFT $SIL $VIX Rise!

Quote of the Day: "Everything in the world may be endured except continual prosperity."  - Johann Wolfgang von Goethe   Happy Saturday! I hope that you had a great week and that you are out enjoying yourself in a safe a prosperous area of the world. As for the broad markets this week, in...

10-Year Yield, Geopolitical Uncertainty, & Volatility Jump As Stocks Selloff This Week – $BTC $INDP $LBRT $NFLX $OLK $SIL $VIX Rise!

Quote of the Day: "Nine-tenths of wisdom is being wise in time." - Theodore Roosevelt   Happy Saturday! I hope that you had a marvelous week.  As for the broad markets this week, investors were were once again besieged with a number of issues including global geopolitical uncertainty and...

Visa To Release Fiscal Q4 & Full Year 2023 Financial Results On October 24 – $V $DIA $SPT $INDP $LTRN

As per reports, Visa Inc. (V) has slated the disclosure of its financial performance for the fiscal fourth quarter and full year 2023 on Tuesday, October 24, 2023. Following the market's closure, Visa will file these results with the Securities and Exchange Commission and make them available, comple...

JPMorgan Chase Reports Q3 Profit Surge Amid Economic Challenges – $JPM $DIA $KRE $LTRN $INDP

Reportedly, In the third quarter, JPMorgan Chase & Co (JPM) observed an upswing in profits driven by surging interest rates and the acquisition of the failed First Republic Bank, resulting in a record-breaking high in interest income. JPMorgan Chase's CEO, Jamie Dimon, acknowledged the overall f...

Escalating Global Risks & Tax Selling Weighed Heavily On Growth Stocks This Week – $AMZN $DG $LTRN $RVMD $SHIP Rise!

Quote of the Day: "Change before you have to." - Jack Welch   Happy Saturday! I hope that you had a wonderful week.  As for the broad markets this week, investors were were plagued with a number of issues including global unrest associated with the ongoing and escalating conflicts and the ...

Magnificent Seven, Interest Rates Charge Higher As Oil Falls This Week – $ADT $AAOL $MRTX $NUVL $META $SHIP $TSA Rise!

Quote of the Day: "Our deeds determine us, as much as we determine our deeds." - George Eliot   Happy Saturday! I hope all went well for ups and umpire this week.  As for the broad markets this week, the stock indices managed to bounce about throughout the week seemingly riding the...

Stocks Close Out Negative Week/September With Government Shutdown & Higher Rates In View – $ARKK $BRQS $INDP $NVDA $TSLA Rise!

Quote of the Day:  "The Universe is under no obligation to make sense to you." - Neil deGrasse Tyson   Happy Saturday! I hope that the world saw it your way this week. As for the broad markets this week, the stock indices managed to selloff again overall except for the Nasdaq that eked...

Fed’s Hawkish Demeanor Ignites Fears & Fuels Stock Market Selloff This Week – $ATOS $CART $KVYO $SIL $SHIP $VIX Rise

Quote of the Day: "Care and diligence bring luck." - Thomas Fuller   Happy Saturday! I hope that you had a marvelous week wherever the world took you. As for the broad markets this week, the stock indices managed to selloff strongly throughout the week and seemed to pick up speed as th...

Caterpillar Surpasses Expectations With Record Stock Surge & Resilient Demand – $CAT $DIA $SPY $LTRN

As per reports, Caterpillar, Inc. (CAT) witnessed a notable increase in its stock prices, reaching a record high. Despite worries about a potential global economic slowdown, the company managed to exceed investors' expectations by reporting a profit that surpassed predictions. The company foresees a...

Oil Prices Jump, Core CPI Drops As Stocks Straddle This Week – $ADT $ARM $INDP $RYZB $SHIP $SIL $TSLA Rise

Quote of the Day: "Nobody made a greater mistake than he who did nothing because he could do only a little." - Edmund Burke   Happy Saturday! I hope that you had a wonderful week and are out and about enjoying the weekend. As for the broad markets this week, the stock indices managed ...

IBM Appoints Michael Miebach, Mastercard CEO, To Its Board Of Directors – $IBM $DIA $SPY $MA $LTRN

As per reports, the International Business Machines Corporation (IBM) board of directors has elected Michael Miebach to the board, effective October 30, 2023. Mr. Miebach currently serves as the chief executive officer of Mastercard Incorporated and holds a position on its board of directors. With a...

Salesforce Recently Sees Impressive Quarterly Results – $CRM $DIA $SPY $LTRN

Reportedly, Salesforce's shares experienced a 6% surge after the cloud software company unveiled its quarterly results and guidance that outperformed market expectations: Here's a breakdown of the company's performance: Adjusted Earnings: The reported adjusted earnings stood at $2.12 per share,...

UnitedHealth Group Announces Cash Dividend Of $1.88 Per Share For September 2023 – $UNH $DIA $SPY $LTRN

As per reports, UnitedHealth Group Incorporated (UNH) has been granted approval by its board of directors to distribute a cash dividend amounting to $1.88 per share. This dividend is scheduled for disbursement on September 19, 2023. It will be provided to all individuals holding UNH common stock as ...

JPMorgan Appoints Jay Hofmann & Ben Carpenter As Co-Heads Of North American M&A Advisory – $JPM $DIA $SPY $LTRN

As per reports, JPMorgan Chase & Co has appointed Jay Hofmann and Ben Carpenter as co-heads of mergers and acquisitions advisory for North America, as revealed in a memo reviewed by Bloomberg News. These two bankers will report to Anu Aiyengar, who serves as the Global Head of M&A. They tak...

Verizon Announces Increased Quarterly Dividend For The 17th Consecutive Year – $VZ $DIA $SPY $LTRN

As per reports, Verizon Communications, Inc. (VZ) Board of Directors announced a quarterly dividend of 66.50 cents per outstanding share, marking a 1.25 cents per share increment compared to the previous quarter. This increased quarterly dividend will be distributed to Verizon shareholders on Novemb...

Goldman Sachs Revises U.S. Recession Probability Down To 15% Amid Positive Economic Indicators – $GS $DIA $SPY $LTRN

As per reports, the Goldman Sachs (GS) has revised its estimate of the likelihood of a U.S. recession occurring within the next 12 months, reducing it from the previously forecasted 20% to 15%. The decision to lower this probability was attributed to the ongoing positive trends in inflation and the ...

Stocks Surf South During Holiday-Shortened Week – $BRQS $INDP $META $MSFT Rise

Quote of the Day: "A man who is a master of patience is master of everything else." - George Savile   Happy Saturday! I hope that you had a great holiday-shortened week and are out enjoying yourself. As for the broad markets this week, the stock indices took a significant turn for the w...

Interest Rates Drop In Concert With Stocks & Oil Prices Leaping Forward This Week – $AAPL $ADT $INDP $NVDA $SHIP $TSLA Rise

  Quote of the Day:  "Once you replace negative thoughts with positive ones, you'll start having positive results." - Willie Nelson   Happy Saturday! I hope that you had a wonderful week and are out enjoying the extended Labor Day Weekend.  As for the broad markets this week, t...

John Greenwood Named Goldman Sachs Co-Head For Latin America & Investment Banking – $GS $DIA $LTRN

Reportedly, The Goldman Sachs Group, Inc. has chosen John Greenwood to assume the roles of co-head for Latin America and head of investment banking for the region. In addition to retaining his position as co-head of Americas structured finance, Greenwood will now take on these extra responsibilitie...

3M Announces Q3 2023 Dividend Of $1.50 Per Share – $MMM $DIA $SPY $LTRN

The Board of Directors at 3M (MMM) has announced that a dividend of $1.50 per share has been approved for the third quarter of 2023 on the company's common stock. This dividend will be disbursed on September 12, 2023, to shareholders who are officially recorded as of the end of business on August 21...

Goldman Sachs Welcomes Experienced Banker From Citigroup To Lead Credit Card Partnerships Unit – $GS $AAPL $C $INDP

According to reports, the Goldman Sachs Group, Inc. (GS) has selected an experienced banker named Bill Johnson from Citigroup (C) to head the division responsible for overseeing the company's credit card partnerships, which include notable names like Apple Inc. (AAPL) and General Motors (GM). In hi...

Salesforce To Release Of Q2 Fiscal Year 2024 Results On Wednesday, Aug. 30 – $CRM $DIA $LTRN

As per recent reports, Salesforce (CRM) is gearing up to reveal its financial results for the second quarter of the fiscal year 2024. The designated date for the release of these results is Wednesday, August 30, 2023, and this announcement is slated for after the conclusion of the trading day. With ...

Visa & Mastercard Withdraw Support From Binance Amid Regulatory Scrutiny – $V $MA $DIA $SPY

Reportedly, Mastercard Inc. and Visa Inc.  (V) have distanced themselves from their card partnerships with Binance Holdings, the cryptocurrency platform facing regulatory challenges globally. Binance has faced significant scrutiny from financial regulators worldwide, and the pressure has increased...

Nasdaq Sees Solid Weekly Rebound With Magnificent Seven Leadership – $AAPL $LTRN $MSFT $NVDA $TSLA $XBI Rise

  Quote of the Day: "Success in creating AI would be the biggest event in human history. Unfortunately, it might also be the last, unless we learn how to avoid the risks." - Stephen Hawking   Happy Saturday! I hope that you had a wonderful week.  As for the broad markets this wee...

Stocks Suffer Another Significant Weekly Decline – $ADT $AMAT $TGT $TJX $VIX Rise

  Quote of the Day: "Endurance is nobler than strength, and patience than beauty." - John Ruskin   Happy Saturday! I hope that you experienced great success in the markets and otherwise this week.  As for the broad markets this week, the stock indices unfortunately headed overall south ...

The Dow 30 Wins The Weekly Race As Energy Soars And Inflation Tames – $ADT $CVX $LTRN $MRTX $SHIP Rise!

  Quote of the Day: "Act as if what you do makes a difference. It does." - William James   Happy Saturday! I hope that you had a great week and are out enjoying one of the last weekends of the summer. As for the broad markets this week, the stock indices headed overall south, except f...

Interest Rates & Oil Jumped As Stocks Headed South This Week – $CORT FSLY $LTRN $NARI $VIX Rise!

  Quote of the Day:  "Let us be grateful to people who make us happy, they are the charming gardeners who make our souls blossom." -  Marcel Proust   Happy Saturday! I hope that you had a great first week of August and are out enjoying a beautiful weekend day. I am spending my la...

Resilient Growth, Cooling Inflation Data Drives Stocks North This Week – $AAPL $AARK $BRQS $INM $INVO $LTRN $META $NVDA $TSLA Rise!

  Quote of the Day: "With the past, I have nothing to do; nor with the future. I live now." - Ralph Waldo Emerson   Happy Saturday! I hope that you had another wonderful week as we successfully and rapidly push later into the summer and have now reached the end of July. As for the br...

Banks, Health Care & Energy Stocks Led The Way This Week – $BRQS $IBB $IBM $INM $IYH $JNJ $KBE $TRV Rise!

  Quote of the Day:  "Let us be grateful to people who make us happy, they are the charming gardeners who make our souls blossom." -  Marcel Proust   Happy Saturday! I hope that you had another week and that you are out enjoying a great summer weekend. I am enjoying the weekend a...

US Dollar & Interest Rates Fall As Stocks Rise Significantly This Week – $ADT $ATOS $APGE $ARKK $AZTR $BRQS $META $RXRX Rise!

  Quote of the Day:  "Strength and growth come only through continuous effort and struggle." - Napoleon Hill   Happy Saturday! I hope that you had another week and that you are out enjoying a great summer weekend.  As for the broad markets this week, stocks moved significantly high...

Second Half Kicks Off With Equities Pulling Back During This Holiday-Shortened Week – $ADT $AI $AZTR $INM $LTRN $META TSLA Rise!

  Quote of the Day:  "Strength and growth come only through continuous effort and struggle." - Napoleon Hill   Happy Saturday! I hope that you had a wonderful holiday-shortened week and kicked off the second half with a bit of gusto.  As for the broad markets this week, stocks move...

Stock Market Ends First Half Solidly As Nasdaq Leads All – $AAPL $ADT $AI $ATOS $INVO $LTRN $TSLA Rise!

  Quote of the Day:  "Science may never come up with a better office communication system than the coffee break." - Earl Wilson   Happy Saturday! I hope that you had a great week,  already enjoyed your first cup of Joe this morning, and that you have great plans ahead for your weeke...

Stocks Drive Lower Across The Board During Holiday-Shortened Week – $AAPL $BTC $IYH $KMX $TSLA Rise!

  Quote of the Day:  "If everyone is moving forward together, then success takes care of itself." - Henry Ford   Happy Saturday! I hope that you had a fantastic week. I am glad to report that I made it back safely from my annual camping trip to Samuel P. Taylor Campground in NorCal a...

The ‘Magnificent Seven’ Leads Stocks Higher As The Fed Pauses This Week – $AAPL $ADT $BRQS $KDNY $LTRN $META $NVDA $TSLA Rise!

  Quote of the Day:  "Hope is like the sun, which, as we journey toward it, casts the shadow of our burden behind us."- Samuel Smiles   Happy Saturday! I hope that you had a marvelous week. I wrapping up my annual camping trip at Samuel P. Taylor and its beauty and relaxed attitude w...

Overall Bullish Week Heading Into Next Wednesday’s FOMC Interest Rate Decision – $AAPL $AARK $ADT $FARM $INM $KRE $LTRN $TSLA Rise!

  Quote of the Day:  "Hope is like the sun, which, as we journey toward it, casts the shadow of our burden behind us."- Samuel Smiles   Happy Saturday! I hope that you had another great week as we moved forward and deeper into the month of June. As for the broad markets this week, s...

AI, Debt Ceiling & Interest Rate Relief Powers Stocks Forward This Week – $AAPL $AI $ARKK $KDNY $LTRN $MRVL $TSLA Rise!

  Quote of the Day:  "Patriotism is supporting your country all the time, and your government when it deserves it." - Mark Twain   Happy Saturday! I hope that you had a great week as we welcomed in June. As for the broad markets this week, stocks moved higher this week as US debt ce...

AI Euphoria Propels NASDAQ Megas Higher Despite Debt Ceiling & Inflation Worries – $AAPL $AI $ATOS $META $MRVL $NVDA $TSLA Rise!

  Quote of the Day:  "Patriotism is supporting your country all the time, and your government when it deserves it." - Mark Twain   Happy Memorial Day Weekend! I hope that you have experienced continued success this week and found many ways to increase wealth and happiness.  As for ...

Aumni Acquisition Strengthens J.P. Morgan’s Private Markets Platform – $JPM $DIA $SPY $BRQS

Reportedly, JPMorgan Chase & Co (JPM) has successfully finalized its acquisition of Aumni, a prominent investment analytics software provider catering to the venture capital sector. This acquisition reinforces J.P. Morgan's dedication to creating the premier private markets platform for business...

Troy Broderick To Lead Global M&A Business As New COO At Goldman Sachs – $GS $DIA $BRQS

As per reports, Troy Broderick has been appointed as the new chief operating officer for the global mergers and acquisitions business at Goldman Sachs Group Inc (GS).  He will be taking over the position from Russ Hutchinson, who left the company in March to become the CFO of Ally Financial Inc. B...

Cisco Systems To Expand Global Supply Chain With Manufacturing In India – $CSCO $DIA $SPY $BRQS

Reportedly, Chief Executive Officer, Chuck Robbins, Cisco Systems, Inc. (CSCO) is set to commence production in India, as part of its strategy to broaden its global supply chain. The company specializes in the sale of networking equipment and software for internet connectivity, and plans...

Debt Ceiling & Growth Concerns Persist As Stocks & Interest Rates Advance Weekly – $ATOS $BRQS $INM $INVO $META $MGRM $WAL $TSLA Rise!

  Quote of the Day:  "What would life be if we had no courage to attempt anything?" - Vincent Van Gogh   Happy Saturday! I hope that you experienced continued success this week both in the stock market and otherwise. As for the broad markets this week, stocks advanced across the boa...

Cisco Announces Q3 FY2023 Financial Results Conference Call – $CSCO $DIA $SPY $BRQS

As per reports, Cisco Systems, Inc. (CSCO) has announced that it will release its financial results for the third quarter fiscal year 2023 on Wednesday, May 17, 2023. The announcement will be made through a conference call that will be held at 1:30 PM (PT); 4:30 PM (ET). The financial re...

Nasdaq Rises, Balance of Stock Indices Drift Lower Into Mother’s Day Weekend – $ATOS $BRQS $FSLR $NXT $TM Rise!

  Quote of the Day:  "The biggest risk is not taking any risk... In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks." - Mark Zuckerberg   Happy Saturday! I hope that you experienced great success this week and are out enjoying...

Nasdaq Ticks Higher As The Fed Hikes Interest Rates – $AAPL $ATOS $BRQS $IMGN $IMN $INVO $KVUE $LLY $TSLA $XBI Rise!

  Quote of the Day:  "Our lives improve only when we take chances - and the first and most difficult risk we can take is to be honest with ourselves." - Walter Anderson   Happy Saturday! I hope that you had a wonderful week and successful grew your investment accounts.  As for the ...

Large Caps Move North As Banks/Interest Rates/Oil/Small Caps Retreat This Week – $AAPL $BTC $DIS $MCD $NKE Rise!

  Quote of the Day:  "Action is the foundational key to all success." - Pablo Picasso   Happy Saturday! I hope that you had a wonderful week and managed to make a fortune in the markets. As for the broad markets this week, the large cap indices rose over the course of the week, whil...

Biotech & Small Caps Charge Forward As Large Caps Drifted Lower This Week – $BRQS $KDNY $IBB $INM $MCD $XBI Rise!

  Quote of the Day:  "Success is never final, failure is never fatal. It's courage that counts." - John Wooden   Happy Saturday! I hope that you had a super week and that you are out and about finding wonderful ways to make the most of your weekend.  I am happy to report that I am b...

Visa Welcomed Cybersecurity Expert Pam Murphy To Board Of Directors – $V $DIA

As per reports, Visa Inc. (V) declared that Pam Murphy had been chosen as a new member of its board of directors. Ms. Murphy, who has been the CEO of Imperva, Inc. since January 2020, has a background in enterprise software, having spent nine years at Infor, Inc., where she served as COO...

Stocks Swing As Recessionary Data Arrives This Week – $AAPL $ATOS $BRQS $COIN $INM $JPM $NKE Rise!

  Quote of the Day:  "Innovation distinguishes between a leader and a follower." - Steve Jobs   Happy Saturday! I hope that you had a great week and are out making the most of your weekend.  I am happy to report that I am still in Arizona enjoying the heat as of the time of the publ...

Caterpillar Inc. To Announce Q1 2023 Results & Host Conference Call – $CAT $DIA

As per reports, on April 27th, 2023 at 5:30 a.m. CDT, Caterpillar, Inc. (CAT) will announce its financial results for the first quarter of 2023. The announcement will be posted on the company's website, investors.caterpillar.com/financials/quarterly-results. Caterpillar will also host a conference c...

Slowing Economic Signs, Rising Oil Prices Cloud The Stock Market This Week – $AAPL $ATOS $DIS $IYH $MCD $XBI Rise!

Quote of the Day:  "The size of your success is measured by the strength of your desire; the size of your dream; and how you handle disappointment along the way." - Robert Kiyosaki   Happy Sunday! I hope that you had a wonderful week and are out enjoying you time off with friends and famil...

JPMorgan Chase & Co. Releases 2022 Annual Report & Shareholder Letters – $JPM $DIA $INVO

Reportedly, the 2022 Annual Report of JPMorgan Chase & Co (JPM), also referred to as the "Firm," has been released. This report consists of letters to the shareholders written by various business heads along with the Chairman & CEO. The report and its accompanying letters can now be accessed...

Stocks Rebound Weekly Despite Banking System Woes – $AAPL $AMC $BEEM $BRQS $INM $INVO $NVDA $TSLA Rise!

Quote of the Day:  "Patience is a virtue, and I'm learning patience. It's a tough lesson." - Elon Musk   Happy Saturday! I hope that you had an amazing week.  As for the broad markets this week, stocks saw increased volatility, but rose over the last 5-days after last week's beat down. O...

American Express To Host Q1 2023 Earnings Conference Call In April – $AXP $DIA $INVO

Reportedly, American Express Company (AXP) has scheduled an earnings conference call on Thursday, April 20, 2023, at 8:30 a.m. (ET) to discuss the financial results for the first quarter of 2023. The company plans to host a live audio webcast accessible to the public through the American Express Inv...

JP Morgan Teams Up With Campbell Lutyens For Private Equity Access – $JPM $DIA $INVO

As per reports, JPMorgan Chase & Co (JPM) is set to team up with Campbell Lutyens, a private equity advisory firm based in London. The collaboration aims to provide JPMorgan's clients with access to transactions involving the continuation funds of private equity firms. This partnership will expa...

Bank Anxieties, Gold & Nasdaq Values Jump While Interest Rates Drop Sharply This Week – $AAPL $ARKK $AG $ATOS $ILMN $INTC $MSFT $TSLA $XBI Rise!

Quote of the Day:  "Be true to your work, your word, and your friend." - John Boyle O'Reilly   Happy Saturday! I hope that you had a magnificent week and managed to lock in gains across your accounts. As for the broad markets this week, stocks saw increased volatility as the banking secto...

American Express Authorizes Share Buyback & Dividend Increase – $AXP $DIA $INVO

The Board of Directors at American Express Company (AXP) has potentially taken two steps that are hoed will benefit its shareholders. Firstly, they have authorized the buyback of up to 120 million common shares of the company, which is subject to the Board's review and approval. This action could he...

Bear Market Ages While SVB Gets Taken Over This Week – $ASAN $BRQS $INTC $OCEA $VIX Rise!

Quote of the Day:  "Surprise is the greatest gift which life can grant us." - Boris Pasternak   Happy Saturday! I hope that you had a wonderful week wherever the you landed around the globe. As for the broad markets this week, stocks headed significantly lower by the end of the week as cr...

Stocks ‘March’ed Foward To Begin The Month With Weekly Gains – $AG $AI $AAPL $ARKK $CRM $OXY $SGEN $XBI Rise!

Quote of the Day:  "Logic will get you from A to B. Imagination will take you everywhere." - Albert Einstein   Happy Saturday! I hope that you had a great week as we pushed in to the first week of March.  As for the broad markets this week, stocks headed significantly higher by the end o...

Walgreens To Release Fiscal 2023 Q2 Earnings On March 28, 2023 – $WBA $DIA $INVO

As per reports, Walgreen Boots Alliance (WBA) has scheduled to release its fiscal 2023 second quarter results on Tuesday, March 28, 2023, at at 7 a.m. ET followed by a one-hour conference call with WBA management beginning at 8:30 a.m. ET to discuss and review the results. The call can be reached at...

Stocks Headed Due South While Interest Rates Rose This Week- $AMC $BEEM $NEO $NVDA $SHIP $VIX Rise!

Quote of the Day:  "It is the fight alone that pleases us, not the victory." - Blaise Pascal   Happy Saturday! I hope that you had a marvelous week and that the weekend is treating you well. As for the broad markets this week, stocks headed significantly lower across all sectors, except e...

Visa’s Vice Chair & CFO To Exit Office This September – $V $DIA $INVO

Reportedly, Visa's (V) board announced the that Vasant Prabhu , Vice Chair, Chief Financial Officer will exit the company on September 30, 2023. Vasant Prabhu will assist the payment giant with the search for and onboarding of his successor, allowing sufficient time for a smooth transition for his r...

Retail Investors Rolling In As Small Caps Lead Weekly Stock Market Gains – $ARKK $ATOS $DKNG $GME $INVO $TSLA $XBI Rise!

Quote of the Day:  "Do exactly what you would do if you felt most secure." - Meister Eckhart   Happy Saturday! I hope that a had great week and are currently out enjoying a relaxing 3-day President's Day holiday weekend.  As for the broad markets this week, investors, in general, were tr...

JP Morgan To Increase Small Business Banker Pool By Aprox. 20% – $JPM $DIA $INVO

Reportedly, JPMorgan Chase & Co (JPM) to hire more than 500 bankers serving to small businesses through 2024. The new recruits will grow the bank's workforce serving small enterprises by 20% higher than 2,300 currently.  As per a survey by JPMorgan, a majority of small business owners expect a ...

Rates Jump, Stocks Pull Back To Clock In Worst Week of 2023 – $CVX $INVO $HSAI $MSFT $NVDA $OXY $TSLA Rise!

Quote of the Day:  "Life lived for tomorrow will always be just a day away from being realized." - Leo Buscaglia   Happy Saturday! I hope that a wonderful week wherever it landed you and that you managed to make your fair share of profits in the stock market. This weekend, I am looking fo...

Michael Conrath Joins As Chief Retirement Strategist For J.P. Morgan Asset Management – $JPM $DIA $ATOS

As per reports, J.P. Morgan Asset Management (JPM) has appointed Michael Conrath as Chief Retirement Strategist, effective February 1. Michael will report to Dan Oldroyd, Portfolio Manager and Head of Target Date Strategies, J.P. Morgan Asset Management. Conrath will define the firm's retirement res...

Goldman Raises Forecast For EME – $GS $DIA $INVO

Reportedly,  Goldman Sachs Group, Inc. (GS) revised its forecast for emerging market equities (EME) upwards as it witnesses the developing world benefiting from the reopening of China's borders, improving European growth prospects and softening U.S. inflation. The bank sees MSCI's index of emerging...

Visa Asia Pacific Regional President Chris Clark To Now Lead As Chairman For The Region – $V $DIA $INVO

Reportedly, Visa Inc. (V) has announced that Chris Clark has been elevated from Regional President to Chairman, Asia Pacific, and Stephen Karpin will succeed him, effective 1 April 2023.  In his new role. Mr. Clark will lead regional and global initiatives, including strategic engagements with i...

Visa Facing DOJ Investigation Over Competition & U.S. Debit Card Practices – $V $DIA

As per reports, the U.S. Department of Justice is investigating is seeking documents and information from Visa Inc (V) about its practices and competition with other payment networks. In 2019, the digital payment giant had to settle a European Union antitrust probe over card fees. Payment giants Vis...

The Fed, $META, & Small Caps Lead Stocks Higher This Week – $AI $ATOS $BRQS $INM $INVO $TSLA Rise!

Quote of the Day:  "Wisdom is oftentimes nearer when we stoop than when we soar." - Wordsworth   Happy Saturday! I hope that you had a pleasant and profitable week wherever the world may have taken you. This week in the Bay Area, we were still smarting a little as our San Francisco 49ers u...

AmEx Forecasts Promising 2023 Growth Ahead – $AXP $DIA $INVO

As per reports, American Express Company (AXP) reported typically a strong quarter as customers splurged on gifts, travel, and entertainment, driving a 12% increase in total network volumes. Provisions for credit losses were $1.03 billion in the reported quarter, compared with $53 million a year ear...

J&J Warns That Inflation & China’s Covid Outbreak May Hit 2023 Figures – $JNJ $DIA $INM

Reportedly, Dow 30 component Johnson & Johnson (JNJ) warned that the impact of high inflation and China's major COVID-19 outbreak may creep into 2023 impacting sales in the first half of the year at its medical devices segment. J&J forecast 2023 sales of $96.9 billion to $97.9 billion, putti...

Visa Releases Strong Q4 Boosted By Robust Payments Volume – $V $DIA $INVO

As per reports, Visa's (V) fourth quarter payments volume increased 10% year over year and the number of processed transactions rose 12%. The company's cross-border volume leapt 36% as international transaction revenue jumped 52% to $2.87 billion. The company's first quarter fiscal 2023 earnings and...

Stocks Race Forward Weekly With Nasdaq’s Outsized Lead – $AAPL $ATOS $INVO $LCID $NVDA $TSLA Rise!

Quote of the Day:  "Take chances, make mistakes. That's how you grow. Pain nourishes your courage. You have to fail in order to practice being brave." - Mary Tyler Moore   Happy Saturday! I hope that you had a wonderful week and that you managed to build your wealth in the stock market and...

American Express Acquires Nipendo With Goal Of Creating Leading End-To-End B2B Platform – $AXP $DIA $INVO

Reportedly, American Express Company (AXP) announced the acquisition of Nipendo, a company used by global businesses to automate and streamline business-to-business payment processes. The transaction is American Express’ latest strategic step towards its goal of creating a leading end-to-end B2B p...

Anu Aiyengar To Solely Lead JPMorgan’s Global M&A – $JNJ $DIA $INVO

Reportedly, JPMorgan Chase & Co (JPM) named its veteran of more than two decades Anu Aiyengar as the sole lead of its global mergers and acquisitions franchise after co-head Dirk Albersmeier resigned from the role. Aiyengar has led the bank's M&A franchise after she was promoted to lead alon...

Friday’s Bounce Secures Weekly Win For Nasdaq Despite Growth Concerns – $AAPL $AMC $ATOS $BRQS $CLLS $DIS $INM $NVDA $TSLA Rise!

Quote of the Day:  "A single twig breaks, but the bundle of twigs is strong." - Tecumseh   Happy Saturday! I hope that you had a solid holiday-shortened week and that you managed to make a fortune in the stock market and otherwise. We stayed relatively dry here in San Francisco and pressed...

Goldman Sachs Announces Plans For 1000’s Of Job Cuts Amid Economic Slowdown – $GS $DIA $INVO

As per reports, Goldman Sachs Group, Inc. (GS) is to start cutting thousands of jobs, expected to be just over 3,000. The bank had 49,100 employees at the end of the third quarter, after adding a large workforce during the coronavirus pandemic.  The layoffs are most likely to affect most major divi...

Visa Schedules Fiscal Q1 2023 Release On Jan. 26- $V $DIA $INM $ATOS

Reportedly, Visa Inc. (V) is to report fiscal Q1 2023 financial results after the market closes, on Thursday, January 26, 2023. The release will be followed by a live audio webcast beginning at 2:00 p.m. PT /5:00 p.m. ET with Visa’s executive management team to discuss financial results and busine...

Disinflation Beliefs & Stock Values Grow During #JPM2023 Week – $AMZN $ATOS $BRQS $GME $INM $INVO $SHIP $TSLA Rise!

Quote of the Day: "If one does not know to which port one is sailing, no wind is favorable." - Lucius Annaeus Seneca   Happy Saturday! I hope that you had a wonderful week and that you are out enjoying yourself this long MLK holiday weekend. This week, I spent a great deal of my days tryin...

Swati Bhatia Goldman’s Consumer Banking Unit Head Exiting Role – $GS $DIA $INVO

Reportedly, the head of the Goldman Sachs Group, Inc. (GS) direct-to-consumer unit, Swati Bhatia, is stepping down from the role. Bhatia, a former PayPal executive, will retire from the partnership and become an advisory director. Formerly the chief payments risk officer at digital payments company ...

Stocks Move Higher & Yields Drop To Kick Off 2023 – $AAPL $ATOS $BRQS $DIS $INVO $SHIP Rise!

Quote of the Day: "There is little that can withstand a man who can conquer himself." - Louis XIV   Happy End to the First Week of 2023! I hope that you had a wonderful beginning to your year and that we all have prosperous balance in view. As for the markets this week, we experienced a refr...

Jobless, Interest Rates Climb As Stocks Cruise Lower During Last Few Sessions of 2022 – $INM $INVO $IWC $JPM $TGTX $XBI $XLE Rise!

Quote of the Day: "The limits of the possible can only be defined by going beyond them into the impossible." - Arthur C. Clarke   Happy New Year's Eve! I hope that you had a great week & that you are out ringing in the new year that will hopefully prove to be prosperous to one and all. ...

JPMorgan Invests In Risk Management Provider Acin With Other Major Banks – $JPM $DIA $C $INVO

Reportedly, a group of five banks including JPMorgan Chase & Co (JPM), Citigroup (C), and BNP Paribas are among the investors who backed an overall $24 million fundraising for risk control specialist Acin as part of their strategy to increase their risk expertise. The investment will help Acin b...

JPMorgan Chase To Announce Fourth-Quarter & Full-Year 2022 Earnings On Jan 13

Reportedly, JPMorgan Chase & Co (JPM) announced to release of its fourth-quarter and full-year 2022 financial results on Friday, January 13, 2023, at 7:00 a.m. (EST), followed by a conference call at 8:30 a.m. (EST). The live audio webcast can be reached at link under the tab Investor Relations,...

Stock Market Fails To Deliver A ‘Santa Rally’ This Week, Yet… – $ADT $APE $ATXS $CVX $SHIP $XPON Rise!

Quote of the Day:  "Be faithful in small things because it is in them that your strength lies." - Mother Teresa   Happy Saturday All! I hope that you had a great week and that you are out enjoying the long holiday weekend.  As for the markets this week, we experienced yet another down we...

Former Bank of England Official Bradley Fried To Chair Goldman Sachs International – $GS $DIS $INVO

Reportedly, former Chair of the Court of the Bank of England, Bradley Fried, has been appointed as the chairman of Goldman Sachs (GS) International. Fried will replace Jose Manuel Barroso, who was the former European Commission president. Fried is expected to assume his role in February next year. ...

JP Morgan To Acquire Stake In Athen’s Based Fintech Viva Wallet – $JPM $DIA $INVO

As per reports, JPMorgan Chase & Co (JPM) has signed a deal to buy a 48.5% stake in Athens-based payments fintech Viva Wallet for more than $800 million. In January, the bank announced that it had agreed to acquire a share in Viva Wallet, and the stake is to be acquired from the company's minori...

Traveler To Discuss Q4 & Full-Year 2022 Results On Jan 24 – $TVG $DIA $INVO

Reportedly, Travelers Companies, Inc. (TRV) is to release its fourth quarter and full-year 2022 results on Tuesday, January 24, followed by a review with the investment team at 9 a.m. ET. Web & Dial-In Investors can access the call via webcast at investor.travelers.com or Dial-In at 888-440-62...

Stocks Take Another Hawkishly Fed Weekly Hit – $CVX $HZNP $KDNY $XLE Rise!

Quote of the Day:  "The future rewards those who press on. I don't have time to feel sorry for myself. I don't have time to complain. I'm going to press on." - Barack Obama   Happy Saturday All! I hope you all had a wonderful week and that you have your seat all picked out to watch the 202...

Visa To Boost #Africa’s E-payments With $1 Billion In Investment – $V $DIA $INVO

As per reports, Visa Inc. (V) announced an investment of $1 billion in Africa over the next five years to capitalize on the emerging economy's rapid growth in digital payments. According to a McKinsey report, investments are a major growth opportunity in the continent where cash is likely to be chal...

UnitedHealth Announces Appointment Of Google’s Kristen Gil To Its Board – $UNH $GOOG $DIA $INVO

As per reports, UnitedHealth Group (UNH) announced Kristen Gil of Alphabet Inc. (GOOG) to its Board of Directors, effective immediately. Gil currently serves as vice president, and business finance officer, at Google. She has held numerous senior positions at the parent company Alphabet since joinin...

Microsoft Strikes $2.8B Cloud-Computing Deal With London Stock Exchange Group – $MSFT $AMZN $GOOG $INVO

As per reports, Microsoft (MSFT) has agreed to buy a 4% stake in London Stock Exchange Group Plc in a $2.8B cloud-computing deal pushing the tech giant further into financial market data world. As part of the agreement, London Stock Exchange Group Plc is to spend at least that amount on cloud servic...

A Sprinkling Of Fed Worries/Global Growth Fears & Tax Loss Swaps Knocked Out Stocks This Week

Quote of the Day:  "By three methods we may learn wisdom: First, by reflection, which is noblest; Second, by imitation, which is easiest; and third by experience, which is the bitterest." - Confucius   Happy Saturday All! I hope you all had an amazing week & that you have been able to ...

Microsoft Released Quarterly Earnings Exceeding Expectations – $MSFT $DIA $ATOS $INVO

As per reports, Microsoft's (MSFT) first-quarter earnings exceeded market estimates as its cloud-computing businesses grew. The company earned $2.35 a share on sales of $50.1 billion in the quarter that ended September 30. Analysts were expecting Microsoft earnings of $2.31 a share on sales of $49.7...

American Express Announces Election Of Procter & Gamble’s Deborah Platt Majoras To BOD – $AXP $OG $DIA $INVO

As per reports, American Express Company (AXP) announced the appointment of Deborah Platt Majoras to its Board of Directors, effective December 7, 2022. Prior to her retirement earlier this year, Ms. Majoras served as Corporate Secretary & Chief Legal Officer of consumer giant Procter & Gamb...

Australian Securities Regulator Files Lawsuit Against AmEx Over Breach Of Credit Card Distribution – $AXP $DIA

Reportedly, the Australian securities regulator has approached the court against the local unit of American Express Company (AXP) alleging two of its credit cards co-branded in association with retailer David Jones were issued to customers without ensuring that they understood the details around the...

JP Morgan Appoints Sophie Qian Head Of Southeast Asia Equity Capital Markets – $JPM $DIA $INVO $ATOS

Reportedly, JPMorgan Chase & Co has appointed Sophie Qian as the head of its Equity Capital Markets (ECM) team for Southeast Asia. Qian, who has been with JPM for nine years, will relocate to Singapore from New York later this year. The Southeast Asia ECM team will report to Qian with immediate ...

AmEx Quarterly Earnings Improve Amid Strong Spending – $AXP $DIA $ATOS $INVO

As per reports, American Express Company (AXP) third-quarter earnings improved as spending on goods, services and travel kept up despite fears of a potential economic slowdown later in the year. The company now expects to report full-year profit above its prior forecast of $9.25 to $9.65 per share. ...

Fed Chair Empowers Weekly Stock Market Continuation – $ADT $AMC $FATE $HL $KDNY $TSLA $XBI Rise!

Quote of the Day:  "No man was ever wise by chance." - Lucius Annaeus Seneca   Happy Saturday All! I hope you ll had a great week and enjoyed the balance of the group stage of the 2022 World Cup. Congratulations to Team USA that is now scheduled to play Netherlands in the knock out stage ...

JPMorgan Chase Merchants To Include ‘Meta Pay’ As A Payment Method – $JPM $DIA $ATOS $INVO

As per reports, JPMorgan Chase & Co's  (JPM) merchants' network customers can now make payments through Meta Pay. In 2019, Facebook Pay (now knowns as Meta Pay) was launched as a unified payments service allowing users across Meta's platforms including Instagram and WhatsApp to make payments wi...

Visa Recently Beat Quarterly Estimates As Consumers Spent ‘Huge’ On Travel – $V $DIA $ATOS $INVO

Reportedly, Visa Inc (V) had better-than-expected quarterly earnings as more Americans took advantage of a stronger dollar and flew to international destinations, and splurged on shopping and entertainment. Transactions increased 12% on a constant dollar basis to 50.9 billion in the fourth quarter t...

Travelers Partnering With Wysa To Promote Holistic Recovery For Mental Health – $TRV $DIA $INVO

As per reports, The Travelers Companies, Inc. (TRV) has launched an app designed to promote the mental health of injured employees to facilitate a more holistic recovery. The app was created in partnership with Wysa, a provider of mental health support solutions powered by artificial intelligence. ...

Goldman Sachs Appointed Former Starbucks CEO Kevin R. Johnson To The Board – $GS $SBUX $DIA $ATOS $INVO

As per reports, Kevin R. Johnson is to join as an independent director of the Goldman Sachs Group, Inc. (GS), effective October 26, 2022. The Board announced Mr. Johnson will also join as a member of each of the firm’s Compensation, Governance, and Risk Committees. Mr. Johnson retired in April 20...

Travelers Quarterly Profits Hit By Hurricane, But Strong Premiums Surfaced- $TRV $DIA $ATOS $INVO

Reportedly, Property and casualty insurer The Travelers Companies, Inc. (TRV) reported a 20% fall in quarterly profit majorly hurt by hurricane-related claims and lower returns on its investments. Hurricanes Ian and Fiona, as well as severe storms in many U.S. regions, pushed the insurer's pretax ca...

Goldman Sachs Partners Kava, Crampton To Exit Firm At Year-End – $GS $DIA $ATOS $INVO

Reportedly, Goldman Sachs Group, Inc. (GS) partners Alan Kava and Chris Crampton are retiring from the firm at year-end. Alan Kava, 57, joined the firm in 1997, and was the managing director in 2002, and became a partner in 2008. New-York based Alan Kava is currently chairman of Goldman Sachs Ass...

Goldman Sachs Approves Promotion Of 80 Bankers To Elite Rank – $GS $DIA $INVO

Reportedly, Wall Street Giant Goldman Sachs Group (GS) recently approved 80 bankers as partners including 21 in Europe, the Middle East, and Africa region, 53 employees in the Americas, and 6 in Asia. The promotions are up from 60 people in 2020. The racial breakdown for the 2022 class is 24% Asian,...

Walgreens Renews 5-yr-Agreement With Western Union Offering Easy Money Transfers – $WBA $DIA $ATOS $INVO

Reportedly, Western Union and Walgreen Boots Alliance (WBA) have renewed a five-year agreement to their long-standing relationship. The collaboration will allow consumers to have access to Western Union Money Transfer and bill payment services at nearly 9,000 Walgreens locations across the United S...

AmEx Lifts COVID Vaccine Requirements For Working From Office – $AXP $DIA $INVO

As per reports, American Express Co. (AXP) has lifted COVID-19 vaccine requirements at its offices effective November 1, as the credit card giant prepares to remove pandemic-era protocols. According to the memo, the new guidelines will apply to offices in the United States, Canada, Australia, and Ne...

JP Morgan To Expand Business In Latin America – $JPM $DIA $INVO

As per reports, JPMorgan Chase & Co (JPM) is to expand in Latin America over the coming years as it expects the region's geopolitical outlook to improve, informed the bank's chief executive for Latin America and Canada, Alfonso Eyzaguirre. JP Morgan has been adding employees and services for cor...

Thanksgiving Holiday-Shortened World Cup Filled Week Produces Positive Returns – $ADT $ATOS $BBY $DIS $JPM $SHIP Rise!

Quote of the Day:  "Progress is man's ability to complicate simplicity." - Thor Heyerdahl   Happy Saturday All! I hope that you are enjoying the long Thanksgiving holiday weekend and that you are taking in your favorite festivities and games including those from 2022 World Cup that are bei...

Visa Appoints President Ryan McInerney As Its New CEO – $V $DIA $INVIO

Reportedly, Visa (V) has named its president, Ryan McInerney, as its new CEO to help the company come through a challenging period for the payments industry as consumers shrink and tighten their expenses. Starting in February, McInerney will lead replacing Alfred Kelly Jr, who has been CEO since 201...

American Express To Create First Credit Card For Square Sellers Empowering Small Businesses – $AXP $SQ $DIA $INM

Reportedly, American Express (AXP) and Square (SQ) are expanding their relationship and plan to launch a new credit card built specifically for Square sellers on the American Express network. The card will be issued by Celtic Bank and powered by i2c Inc. "Small businesses can struggle to find fair ...

P&G Announced Webcast Of Investor Day 2022 – $PG $DIA $INVO

As per reports, The Procter & Gamble Company (PG) to webcast the presentation from the P&G Investor Day 2022 in Cincinnati, Ohio on Thursday, November 17, 2022, beginning at 2:00 p.m. ET.  The live audio webcast at www.pginvestor.com starting 2:00 P.M. ET. Chairman of the Board, President...

Coca-Cola To Release Third-Quarter Earnings On October 25 – $KO $DIA $INVO

As per reports, the Coca-Cola Company (KO) announced it will release the third quarter of 2022 financial results on Oct. 25 before trading starts. The release will be followed by an investor conference call at 8:30 a.m. ET to discuss the results. Interested parties can visit www.coca-colacompany.com...

Nike Q1 Earnings Slightly Exceeds Estimates – Stays Positive On Q2 Growth – $NKE $DIA $INVO

As per reports, Nike Inc's (NKE) first-quarter earnings exceeded market estimates, however, gross margins dropped as inventories jumped. The sportswear giant reported a 20% drop in earnings to 93 cents a share. Revenue grew 4% to $12.69 billion. Analysts were expecting Nike earnings to fall 21% to 9...

Jacqueline Arthur Succeeds Bentley de Beyer To Lead Goldman Sachs HR Unit – $GS $DIA $INVO

Reportedly, Goldman Sachs Group, Inc. (GS) has appointed Jacqueline Arthur, a 15-year veteran of the bank, to run human resources starting Jan. 1.  Arthur, 45, will take over from Bentley de Beyer, who has been the bank's global head of human capital management since early 2020. Jacqueline Arthur,...

American Express Announces Quarterly Dividend Payable November 10, 2022 – $AXP $DIA $INVO

As per reports, the Board of American Express Company (AXP) declared a regular quarterly dividend of $0.52 per common share to stockholders as of October 14, 2022. The dividend is payable on November 10, 2022.   Dow 30 component American Express Company (AXP) and its subsidiaries provide cu...

JP Morgan To Release Q3 Earnings On October 14 – $JPM $DIA $INVO

Reportedly, JPMorgan Chase & Co. (JPM) is to host a conference call at 8:30 a.m. (EDT) on Friday, October 14, 2022, to review third-quarter 2022 financial results, following the release at approximately 7:00 a.m. (EDT).   Web: Live webcast can be reached at the link. Dial-IN: The conference ...

American Express Schedules Q3 2022 Release For October 21 – $AXP $DIA $INVO

As per reports, American Express Company (AXP) is to host a live audio webcast of its earnings conference call at 8:30 a.m. (ET) on Friday, October 21, 2022, to discuss the third quarter of 2022 financial results. The webcast of the event can be reached at https://ir.americanexpress.com/. The finan...

Is Goldman Sachs Cutting Jobs Amid Economic Slowdown? – $GS $DIA $INVO

As per reports, Goldman Sachs Group, Inc. (GS) is to cut jobs this month after two years of the pandemic. The bank typically lays about 1% to 5% of its staff each year, and this year it plans to cuts in the lower end of that range. In July, the investment bank had warned it might slow hiring and cu...

Visa To Include New Code Identifying Sales At U.S. Gun Stores – $V $DIA $INVO

As per reports, Visa Inc. (V) announced the implementation of a new merchant category code for U.S. gun retailers, that will identify transactions at firearms stores. Recently, the International Organization for Standardization (ISO) approved the creation of the merchant code after gun-control activ...

Reportedly JP Morgan In Talks To Invest In Fintech Startup Yapily – $JPM $DIA $INVO

Reportedly, JPMorgan Chase & Co (JPM) is considering buying a stake in London-based Yapily, a financial technology startup that is looking to raise fresh funds. The banking giant is in early-stage talks with Yapily about the possibility of making an investment. Yapily is seeking to bring in the ...

Goldman Hires Elizabeth Burton As Its New Adviser For Asset Management Unit – $GS $DIA $INVO

As per reports, Goldman Sachs Group, Inc's  (GS) asset management arm has hired Elizabeth Burton to advise its institutional clients. Burton will be a managing director and client investment strategist at the Wall Street bank's client solutions and capital markets business in New York. Burton will ...

Paul Halpern Joins As Chief Marketing Officer For JP Morgan U.S. Wealth Management – $JPM DIA $INVO

As per reports, JPMorgan Chase & Co (JPM) announced that Paul Halpern has joined as Chief Marketing Officer for U.S. Wealth Management, one of the firm’s major areas of focus for customer growth. Halpern will lead an extensive team at an important time when the business is set to launch multip...

U.S Major Goldman Sachs To Lift COVID Protocols Except For NY & Lima Offices – $GS $DIA $INVO

Reportedly, Goldman Sachs Group, Inc. (GS) to lift pandemic-era protocols at its offices effective Sept. 6. The new protocols will allow employees to enter the company's Americas offices regardless of vaccination status, except in New York City and Lima. However, the New York City employees are stil...

Nike Announces Q1 September Release Date – $NKE $DIA $INVO

As per reports, NIKE, Inc. (NKE) is to release its first quarter fiscal 2023 financial results on Thursday, September 29, 2022, at approximately 1:15 p.m. PT, after market trading hours. The news release will be followed by a conference call beginning at 2:00 p.m. PT to review the results by NIKE, I...

Visa Token Service (VTS) Outpaces Total Number Of Physical Cards In Circulation – $V $DIA

Reportedly, Payments giant Visa Inc. (V) has issued over 4 billion network tokens worldwide through its security technology Visa Token Service (VTS), outpacing the total number of its physical cards in circulation. VTS replaces 16-digit Visa account numbers with a token that only Visa can unlock, pr...

Disney Recently Crushed Q3 Earnings Estimates – $DIA $DIS

As per reports, Disney (DIS) exceeded market estimates for fiscal third-quarter earnings, revenue, and subscribers. The entertainment giant also announced plans for an ad-supported Disney+, with a 38% price hike for the ad-free version. Disney earnings increased 36% vs. a year earlier to $1.09 a sha...

J.P. Morgan Acquires Global Shares, A leading Cloud-Based Provider Of Share Plan Management Software – $JPM $INVO $DIA

Reportedly, JPMorgan Chase & Co (JPM) has completed the acquisition of Global Shares, a leading cloud-based provider of share plan management software. The acquisition will make J.P. Morgan an industry-leading provider of innovative employee ownership solutions to private and public companies gl...

McDonalds Schedules Quarterly Cash Dividend Payable September 16, 2022- $MCD $DIA

Reportedly, McDonald’s Corporation Board of Directors announced a quarterly cash dividend of $1.38 per share of common stock payable on September 16, 2022, to shareholders as of September 1, 2022. McDonald’s Corporation (MCD) is the leading global foodservice retailer with nearly 37,000 loc...

Visa Launches Its Suite Of Sustainability-Focused Solutions ‘Visa Eco Benefits’ – $V $DIA

Reportedly,  Visa (V) is to launch its suite of sustainability-focused solutions, Visa Eco Benefits in the Asia Pacific. A suite of sustainability-focused solutions, Eco Benefits will help Visa cardholders across the region better understand the environmental impact of their day-to-day payments, al...

Home Depot Schedules Release Of Q2 Earnings For Aug. 16- $HD $DIA

Reportedly, The Home Depot, Inc. (HD) announced to hold its Second Quarter Earnings Conference Call on at 9 a.m. ET, on Tuesday, August 16. A webcast of the event can be reached at http://ir.homedepot.com/events-and-presentations under the icon Second Quarter Earnings Conference Call.   The...

Caterpillar Misses Quarterly Estimates Amid Supply Chain Issues & Russia-Ukraine Conflict – $CAT $DIA

Reportedly, Caterpillar, Inc. (CAT) missed quarterly estimates reportedly due to supply-chain issues and suspension of its Russia operations, while its operating margin shrank owing to elevated freight and labor costs. Sales in Europe, Africa, and Middle East regions fell about 3% to about $3 billio...

Pampers, Pantene, & Tide Maker P&G Posts Mixed Quarterly Results & Guidance – $PG $DIA

Reportedly, Procter & Gamble Company (PG) reported mixed quarterly results as the consumer products giant faced rising commodity costs and warned that it expects such headwinds to continue in its fiscal 2023. The Cincinnati-based maker of products including Pampers, Pantene, and Tide reported ad...

Visa Beats Quarterly Estimates Riding Summer Travel Boom Across United States – $V $DIA

Reportedly, Visa Inc. (V) beat estimates for quarterly profit as consumer spending increased and a summer travel boom across much of the United States translated into higher card spending. The world's largest payments processor raked in higher revenue as payment volumes jumped 12% during the third q...

Travelers Acquires Tops Score On Disability Equality Index (DEI) For 5th Consecutive Year – $TRV $DIA

Reportedly, Travelers Companies, Inc. (TRV) has earned a top score on the Disability Equality Index® (DEI) and maintained its distinction as the Best Place to Work for Disability Inclusion for the fifth consecutive year. Administered by Disability, IN and the American Association of People with Dis...

AmEx Exceeds Q2 Estimates As Card Member Spending Jumped, Boosts Outlook – $AXP $DIA

As per reports, American Express (AXP) reported their Q2 earnings and exceeded market estimates as card member spending jumped 30% over the year on a foreign currency-adjusted basis, as global travel and entertainment purchases bounced back. The credit card giant reported earnings of $2.57 per shar...

Goldman Appoints Australia’s Former Treasurer As Senior Adviser For Asia Pacific Region- $GS $DIA

Reportedly, Goldman Sachs Group, Inc. (GS) has appointed Australia's former Treasurer Josh Frydenberg as the bank's senior regional adviser for the Asia Pacific region. Frydenberg led Australia's economic response to COVID-19 in the previous Liberal-National coalition government, including planning ...

Goldman Sachs Reports Q2 Declining Profits – $GS $DIA

As per reports, Goldman Sachs Group, Inc. reported a profit drop of 47% in the second quarter, depicting the end of a pandemic-era boom in Wall Street deal activity. The bank earned $2.93 billion, down from $5.49 billion a year ago. Earnings per share of $7.73 exceeded the $6.56 a share estimate. Re...

JP Morgan Q2 Earnings Fall Below Estimates, Halts Buybacks – $JPM $DIA

Reportedly, JPMorgan Chase & Co's (JPM) earnings fell short of analyst expectations as the bank built reserves for bad loans by $428 million, and suspended share buybacks. Second-Quarter Highlights: Earnings per share of $2.76 were reported versus $2.88 expected. Managed revenue stood at ...

Digital Payment Giant Visa Announces Release Date Of Q3 Earnings On July 26 – $V $DIA

As per reports, Visa Inc. (V) has scheduled the release of its fiscal Q3 2022, financial results on Tuesday, July 26, 2022. The company’s executive management team will host a live audio webcast beginning at 2:00 p.m. PT / 5:00 p.m. ET to discuss and review the results. After the market closes, Vi...

J.P. Morgan Asset Management Hires Daniel Yem As Senior Investment Specialist Strengthening Retirement Income Capabilities – $JPM $DIA

As per reports, J.P. Morgan Asset Management is to hire Daniel Yem as a Senior Investment Specialist to lead the firm's Retirement Solutions team. Mr. Yem will report to the Head of Target Date Strategies, Daniel Oldroyd, and will be based in New York. Mr. Yem will lead the business & product st...

JP Morgan To Webcast Q2 Earnings On July 14 – $JPM $DIA

Reportedly, JPMorgan Chase & Co (JPM) is to release its Q2 2022 earnings on Thursday, July 14, 2022, at approximately 7:00 a.m. (EDT) followed by a conference call at 8:30 a.m. (EDT). Web & Call Details: The live audio webcast can be reached under the Investor Relations, Events & Prese...

American Express Announces Release Of Q2 Earnings July 22, 2022- $AXP $DIA

Reportedly, American Express Company (AXP) is scheduled to host a live audio webcast of its earnings conference call at 8:30 a.m. (ET) on Friday, July 22, 2022, to discuss second quarter 2022 financial results. The webcast can be reached at the American Express Investor Relations website at https://...

Walgreens To Release Q3 Results On June 30 – $WBA $DIA

Reportedly, Walgreen Boots Alliance (WBA) will release its fiscal 2022 third-quarter earnings results on Thursday at 7 a.m. ET on June 30, 2022, followed by a one-hour conference call with the management starting at 8:30 a.m. ET. The event can be reached at http://investor.walgreensbootsalliance.co...

Visa Enters Deal With M-Pesa, Mobile Phone-based African Money Transfer Service – $V $DIA

Reportedly, Visa Inc.  (V)and M-Pesa, the mobile phone-based African money transfer service owned by Kenya's Safaricom Plc have entered a deal to launch a virtual payment card in a bid to cover some of the continent's $40 billion-a-year subscriptions market. The M-Pesa Global Pay Visa Virtual card ...

JP Morgan & Fintech OmniLatam Partnering To Offer Credit Lines to Mid-sized & Small Suppliers In Latin America – $JPM $DIA

As per reports, JPMorgan Chase & Co has partnered with fintech OmniLatam to offer credit lines to mid-sized and small suppliers of big corporations in Latin America. With operations in Colombia and Chile, OmniLatam recently opened an office in Brazil, offering receivable-backed credit and workin...

Coca-Cola’s African Bottling Unit ~$3B Johannesburg Stock Exchange IPO Shelved – $KO $DIA

Reportedly, Coca-Cola Company (KO) had delayed the plans of an estimated $3 billion initial public offering (IPO) of its African bottling unit to 2023 due to turbulence in the market. The flotation of the division, Coca-Cola Beverages Africa is expected to be the biggest on the Johannesburg Stock E...

Travelers Schedules Q2 Release On July 21 – $TRV $DIA

As per reports, The Travelers Companies, Inc. (TRV) has scheduled to review its second quarter 2022 results at 9 a.m. ET on Thursday, July 21, following the release of results early that morning. Investors can access the call via webcast at the company's website and by dialing 888-440-6281 within th...

JPMorgan Raised Its Prime Lending Rate – $JPM $DIA

As per reports, U.S. bank JPMorgan Chase & Co (JPM) has raised its prime lending rate by 75 basis points to 4.75%, that was effective 16th June 2022. The move follows the Federal Reserve's decision to raise its target interest rate by three-quarters of a percentage point, the biggest by the U.S....

Boeing Receives $811 Loan Guarantee From EXIM Over The Sale Of Its 787 Jetliners To Air France-KLM SA- $BA $DIA

As per reports, the Export-Import Bank ("EXIM") of the United States informed that its board of directors approved an $811 million loan guarantee to help finance the sale of Boeing's (BA) wide-body aircraft to French-Dutch airline Air France-KLM SA. EXIM informed that the loan guarantee would suppo...

Thomas Cassin Appointed As Vice Chair Of JP Morgan’s Debt Capital Market Unit – $JPM $DIA

Reportedly, JPMorgan Chase & Co (JPM) has named Thomas Cassin as vice-chair of global debt capital markets for the bank's investment banking unit. Cassin will lead acquisition and strategic financing opportunities in his new role and will assist in expanding the bank's financing footprint. Insid...

Verizon Schedules Quarterly Dividend Payable August 1- $VZ $DIA

Reportedly, the Board of Directors at Verizon Communications, Inc. (VZ) announced a quarterly dividend of 64 cents per outstanding share, payable on August 1, 2022. The dividend is payable to shareholders of record at the close of business on July 8, 2022. Chairman and CEO Hans Vestberg stated, "Wi...

Interesting…JPMorgan Shareholders Vote Against Executive Compensation – $JPM $DIA

As per reports, JPMorgan Chase (JPM) shareholders have voted against the bank’s executive pay plan, delivering a sharp rebuke to chief executive Jamie Dimon and his management team. At the "say-on-pay" vote at the bank’s annual meeting only 31% of votes were cast in favor of JPMorgan's executive...

Goldman Sachs Prepares To Further Diversify Its Workforce – $GS $DIA

Reportedly, the Goldman Sachs Group, Inc. (GS) has increased its diversity recruiting team and increased its budget by $10 million to meet its goals to add more Blacks, women, and Latinos to its workforce. The bank has included roughly 25 new recruiters focused on hiring diverse employees since the ...

AmEx Announces Dividend Payable August 10, 2022 – $AXP $DIA

Reportedly, the Board of American Express Company (AXP) announced a regular quarterly dividend of $.52 per common share to the stockholders as of July 1, 2022. The dividend is payable on August 10, 2022. The company also declared a quarterly dividend on the Company’s 3.550% Fixed Rate Reset Noncum...

JP Morgan Schedules Investor Day On May 23 – $JPM $DIA

As per reports, JPMorgan Chase & Co. (JPM) is to host an Investor Day on May 23, 2022, at 8:00 a.m. ET in New York City. A live audio webcast will begin at 8:00 a.m.ET and will be available for replay on the company's website under Investor Relations, Events & Presentations tab. The general ...

Apple’s Robust Services Business Lifts Q2 Earnings – $AAPL $DIA

Reportedly, Apple (AAPL) beat second-quarter estimates reporting $1.52 a share on sales of $97.28 billion in the quarter ended March 26. Analysts expected the iPhone giant to earn $1.42 a share on sales of $94 billion. On a year-over-year basis, Apple sales and earnings both increased 9%.  "We are...

Biotech Giant Amgen Post Quarterly Beat, However… – $AMGN $DIA

Amgen reported a strong quarter with sales increasing 6% to $6.24 billion and exceeding expectations at $6.07 billion. Earnings also came in above projections at $4.25 per share, up 15% on a year-over-year basis. Amgen's osteoporosis treatment Evenity and migraine drug Aimovig reported strong growt...

Visa Selects 5 Startups For Its Visa Accelerator Program 2022 – $V $DIA

Reportedly, Visa Inc. (NYSE: V) has selected five startups to join the 2022 cohort of its Visa Accelerator Program in the Asia Pacific, Cymonz, Moneytree, Perfios, TallyKhata, and TripleA. The startups will work closely with Visa over the next six months creating defined commercial opportunities th...

Honeywell To Pay Quarterly Dividend On June 3 – $HON $DIA

Reportedly, the board of Honeywell.Inc (HON) announced a regular quarterly dividend of $0.98 per share on the common outstanding stock payable on June 3, 2022. The dividend is payable to stockholders as of May 13, 2022. Vista Partners LLC (”Vista”) is a California Registered Investment Advisor ...

Goldman Sachs’ Q1 Earnings Ride High On Wealth Management & Trading – $GS $DIA

As per reports, Goldman Sachs Group, Inc. (GS) reported a 43% drop in first-quarter profit but exceeded market estimates, as its wealth management performed strong and trading businesses partly offset a drop in equity underwriting as stock market listings dried up. Its global markets segment reporte...

Goldman Sachs Pushing To Hire Senior Investment Bankers In Singapore – $GS $DIA

Reportedly, Goldman Sachs Group, Inc. (GS) is boosting the hiring of its senior investment bankers in Singapore, as the U.S. lender looks to bolster its dealmaking capabilities in Southeast Asia. The firm has hired Chua Hui Yin from JPMorgan Chase & Co. to cover corporate finance and execution,...

Property & Casualty Insurer Travelers Reports 48% Increase In Q1 Profits – $TRV $DIA

The Travelers Companies, Inc. (TRV) reported a 48% increase in quarterly profit exceeding analysts’ estimates as lower catastrophe-related claims filled up from investment losses. The company’s core income increased to $1.04 billion, or $4.22 per share, in the first quarter ended March 31, from ...

JP Morgan Q1 Profits Drops CEO Jamie Dimon Raises Concerns – $JPM $DIA

JPMorgan Chase & Co's (JPM) first-quarter earnings report disappointing figures amid concerns over U.S. bank ties to Russia and worries of an economic slowdown. The bank reported adjusted revenue of $31.59 billion versus the $31.44 billion expected. Adjusted Earnings per share of $2.63 were repo...

Visa Brings Board Level To 11 With Terry List’s Appointment – $V $DIA

Reportedly, Visa Inc. (V) announced that Teri List has been appointed to its board of directors, effective April 11, 2022. Ms. List was executive vice president and chief financial officer of Gap Inc. from January 2017 until March 2020 and served as an advisor until June 2020. Ms. List also serves o...

Goldman Sachs Agrees To Acquire Chicago-based Fintech Firm NextCapital – $GS $DIA

As per reports, Goldman Sachs Group, Inc. (GS) is set to acquire NextCapital, a Chicago-based fintech firm that provides automated advice to corporate retirement plan participants. The acquisition is among the top five asset management deals New York-based Goldman has done. The deal offers Goldman a...

Visa Announces To Release Fiscal Q2 Earnings On April 26 – $V $DIA

As per reports, Visa Inc. (V) has scheduled the release of its fiscal Q2 2022 financial results on Tuesday, April 26, 2022. The company's executive management team will host a live audio webcast beginning at 2:00 p.m. PT / 5:00 p.m. ET to discuss and review the results. After trading closes, Visa wi...

P&G Announces Q3 Earnings Scheduled For 8:30 a.m. ET on Wednesday, April 20, 2022 – $PG $DIA

As per reports, the Procter & Gamble Company to webcast the release of its third-quarter earnings results at 8:30 a.m. ET on Wednesday, April 20, 2022. A live audio webcast of the event can be reached at www.pginvestor.com.     The Procter & Gamble Company (PG), a Dow 30 component...

De Grivel Nigam Succeeds Barry Meyers As Head Of JP Morgan’s ECM In U.K. & Ireland – $JPM $DIA

Reportedly, JPMorgan Chase & Co. (JPM) has appointed Virginie de Grivel Nigam to lead its equity capital markets business in the U.K. and Ireland, replacing Barry Meyers. De Grivel Nigam has most recently been head of JPMorgan’s equity-linked operations in Europe, the Middle East, and Africa. ...

Travelers Schedules Q1 Release For April 19 – $TRV $DIA

Reportedly, The Travelers Companies, Inc. (TRV) is scheduled to review and discuss its first quarter 2022 results at 9 a.m. ET on Tuesday, April 19, following the release of results earlier that morning. The webcast can be reached at investor.travelers.com. The event can also be reached by dialing 8...

Wall Street Giant Goldman Sachs Exits Russia – $GS $DIA

As per reports, Goldman Sachs Group, Inc. (GS) became the first Wall Street bank to close its operations in Russia and exit the country following Moscow's invasion of Ukraine. Operating in Moscow has been increasingly difficult for Western financial institutions amid international sanctions against ...

Visa Acquires Open Banking Platform Tink – $V $DIA

Reportedly, Visa  (V) has completed the acquisition of Tink, an open banking platform that enables financial institutions, fintech, and merchants to build financial products and services and move money. Through a single API, Tink offers its customers to move money, access aggregated financial data,...

American Express Announces A 20% Dividend Increase – $AXP $DIA

As per reports, the board of American Express Company (AXP) has approved a dividend of $.52 per common share, a 20% increase from $.43 cents,  in the regular quarterly dividend on the company’s common stock payable on May 10, 2022, to shareholders as on April 8, 2022.   Dow 30 component ...

AmEx Exits Russia Amid Invasion In Ukraine – $AXP $V $MS $DIA $AAPL

Reportedly, American Express Company (AXP) is the latest credit card company to announce it is pulling out of Russia and Belarus as Vladimir Putin’s invasion into Ukraine escalates. The company informed that globally issued American Express cards will no longer work at merchants or ATMs in Russia....

Walmart’s ‘Walmart2Walmart’ Introduces Low-Price Fee On Money Transfers To Mexico – $WMT $DIA

As per reports, Walmart Stores, Inc. (WMT) money transfer program, Walmart2Walmart is offering significantly cheaper rates for its customers to send money from any Walmart store in the U.S. to any Walmart store in Mexico for as little as $2.50 per transaction. The low fee marks another major milesto...

Visa Appoints BlackRock’s Frank Cooper III As New CMO – $V $DIA

Reportedly, Frank Cooper III will join Visa (V) as its Chief Marketing Officer (CMO) in May 2022. Additionally, he will also serve as a member of the company’s Executive Committee and report to Al Kelly, Chairman and Chief Executive Officer (CEO). Mr. Cooper will head the global marketing organiza...

JPMorgan Chase Schedules 2022 Investor Day On May 23, 2022 – $JPM $DIA

Reportedly, JPMorgan Chase & Co (JPM) is to hold an Investor Day in New York City on Monday, May 23, 2022. A live audio webcast and presentation slides can be reached on the same day at the company's website under Investor Relations, Events & Presentations.   JPMorgan Chase & Co...

Russia May Be Removed From JPMorgan’s ESG Bond Indexes – $JPM $DIA

As per reports, JPMorgan Chase & Co (JPM) is in discussion to remove Russia from the environmental, social, and governance (ESG) versions of its JPMorgan's Government Bond Index-Emerging Markets indexes, and the Emerging Market Bond Index, while it continues to review the country's ejection from...

Is Goldman Seeking The Return Of Bonuses From Bankers Leaving The Bank? – $GS $DIA

As per reports, The Goldman Sachs Group, Inc. (GS)  is looking for ways such as seizing vested pay to discourage top bankers from leaving. The U.S major is looking at confiscating vested stock of Omer Ismail and David Stark, both of who left the bank last year. Additionally, Goldman is also pullin...

Travelers Acquires Insurtech Company Trōv Technology – $TRV $DIA

As per reports, The Travelers Companies, Inc. (TRV) has acquired one of the earliest and most widely recognized insurtechs, Trōv. Trōv, which is known to have introduced numerous digital solutions transforming the insurance industry over the last several years, including on-demand insurance, micro...

Amazon & Visa Resolve Dispute Over Payment Fees – $AMZN $V $DIA

Reportedly, Amazon (AMZN) and Visa Inc. (V) have resolved their dispute where Amazon was considering a ban on U.K.-issued Visa credit cards,  threatened to damage the financial giant’s business, and disrupt e-commerce payments. The retailer informed it will no longer charge customers who use Visa...

Visa U.S. Spending Momentum Index Show Drop In Consumer Spending For January -$V $DIA

As per reports, Visa Inc. (V) announced that the U.S. Spending Momentum Index (SMI) came in at 102.4 in January, dropping from 109.4 in December. The SMI’s decline from December was mainly due to the rise in new Omicron variant cases. The Visa SMI is an economic indicator of consumer health spendi...

Jennifer Como Promoted To Head Of Investor Relations For Visa – $V $DIA

Reportedly, Visa Inc. (V) has appointed Head of Investor relations succeeding Mike Milotich who will leave Visa later this month and join as chief financial officer of a publicly-traded company. She joined the company in 2019, and currently serves as the senior vice president of investor relations a...

Walgreens Schedules Quarterly Dividend Payable On March 11 – $WBA $DIA

Reportedly, the board of Walgreens Boots Alliance, Inc. announced a quarterly dividend of 47.75 cents per share, similar to the previous quarter and an increase of 2.1 percent from the year-ago quarter. The dividend is payable to shareholders of record as of Feb. 18, 2022, payable on March 11, 2022....

Merck Releases Q4 Earnings Stays Bullish On COVID-19 Pill Sales – $MRK $DIA

Reportedly, Merck & Co., Inc. (MRK) released fourth-quarter earnings recently. They confirmed that they expecting its 2022 sales to increase as much as 18 percent over last year, mostly on sales of its new COVID-19 pill, molnupiravir. The drugmaker also informed that the sales of the COVID-19 dr...

Goldman Sachs Q4 Profits Drop Amid Surging Expenses & Equities Trading Slowdown – $GS $DIA

The Goldman Sachs Group, Inc. (GS) fourth-quarter reported a 13% decline in profits from a year earlier to $3.94 billion, or $10.81 a share, below the $11.76 analyst estimate. Revenue of $12.64 billion was reported versus $12.08 billion expected. The bank’s operating expenses surged 23% on higher ...

3M Records Strong Q4 Backed By Strong Demand For Air Filters & Scotch-Branded Products $MMM $DIA

As per reports, 3M (MMM) reported better than expected quarterly profit as more people purchased its air filters and Scotch-branded products.  3M's transportation & electronics and safety & industrial units witnessed 1.5% and 2.2% declines in sales respectively. Net income dropped to $1.34...

Visa Reports Quarterly Beat As Travel & Online Spend Witness Upward Trend – $V $DIA

Reportedly, Visa ( V) quarterly earnings beat estimates as more international travel and e-commerce witnessed an increase in spending. Even though travel spending dropped since late December due to the Omicron variant of the coronavirus, the company executives believe the recovery will resume and n...

American Express Company Announces Preferred Stock Dividend Payable March 15, 2022 – $AXP $DIA

Reportedly, the board of The American Express Company (AXP) announced a quarterly dividend on the Company’s 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D, of $8,875 per share (equivalent to $8.87500 per related Depositary Share) payable on March 15, 2022, to shareholders as of M...

Tesla’s Q4 Earnings Display Strong Performance Amid Supply Chain Woes – $TSLA $DIA

As per reports, Tesla (TSLA) recorded strong fourth-quarter results beating analyst estimates amid supply chain headwinds that have troubled the global auto industry at an unprecedented scale. The EV maker reported revenue of $17.719 billion up 65% year over year and above $16.64 billion expected. A...

Apple Poises To Launch iPhone-Based Direct Payment Service For Small Businesses – $AAPL $DIA

As per reports, Apple (AAPL) is launching a new service that will allow small businesses to accept payments directly on their iPhones without extra hardware. To receive payments on iPhone, retailers currently use payment terminals on their iOS devices that are connected via Bluetooth, such as Block ...

American Express Company’s Quarterly Earnings Point To Strong Consumer Spending In Face of Omicron – $AXP $DIA

Reportedly, American Express Company's (AXP) quarterly profit beat market estimates as consumers continued to spend to dine out during the holidays, fading the company's fears of a big impact from the Omicron variant. The company forecast 2022 net revenue growth of between 18% and 20% and earnings p...

Travelers To Include Telematics Offerings With IntelliDrivePlus™ – $TRV $DIA

Reportedly, the Travelers Companies, Inc. (TRV) has expanded its telematics auto insurance offerings with the launch of the app-based program, IntelliDrivePlus™. At each renewal, IntelliDrivePlus calculates a new premium by measuring miles driven and driving behaviors, such as acceleration, brakin...

JP Morgan Releases Q4 Earnings Reports Slow Trading & High Expenses – $JPM $DIA

Reportedly, JPMorgan Chase & Co (JPM) released quarterly earnings, posting a decline in trading revenue, both commercial and consumer loans fell from a year earlier. Net interest income increased 3% in the quarter, bringing JPMorgan’s total 2021 NII haul to $52.3 billion. The bank also reporte...

Visa To Release Q1 Earnings On Jan 27 – $V $DIA

Reportedly, Visa Inc. (V) to report its fiscal Q1 2022 financial results on Thursday, January 27, 2022, after the market closes. The release will be followed by an executive management team hosting a live audio webcast beginning at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss financial...

Coca-Cola Q4 Full-Year Earnings Release Feb 10 – $KO $DIA

As per reports, the Coca-Cola Company (KO) is set to release its Q4 and full-year 2021 financial results on Feb. 10 before the New York Stock Exchange opens, followed by an investor conference call at 8:30 a.m. ET to discuss the results. Interested parties can join in at www.coca-colacompany.com/inv...

Goldman Sachs Joins Other Wall Street Banks Delaying Employees Return To Office As Omicron Spreads

Reportedly, Goldman Sachs Group, Inc. (GS) is encouraging its U.S. staff to work from home until Jan. 18, as the Omicron variant spreads. However, the offices will continue to remain open with previously announced COVID-19 safety protocols such as vaccine requirement, booster requirement for all eli...

JP Morgan Delays Staff Return To Office Amid Omicron Scare

As per reports, JPMorgan Chase & Co (JPM) has offered its staff to work from home for the first two weeks of 2022 and also informed that all employees are expected to return to the office no later than Feb. 1. The bank told workers it was not changing the long-term plans of working from the off...

Goldman Sachs Issues Mandate For Its U.S. Employees To Get Booster Shots – $GS $DIA

As per reports, Goldman Sachs Group Inc. (GS) will require its employees and visitors to its U.S. offices receive booster shots of the COVID-19 vaccine starting next year. The spokesperson informed that starting next year February, anyone eligible to receive a booster shot must have obtained one in ...

American Express Company Announces Q4 & Full-Year 2021 Earnings Release Date – $AXP

Reportedly, American Express Company (AXP) announced to host a live audio webcast of its fourth-quarter and full-year 2021 financial results on January 25, 2022, Tuesday at 8:30 a.m. (ET) following the release at approximately 7 a.m. (ET). General Public can access the webcast through the American E...

Visa Acquires Cross-Border Payments Co. Currencycloud

Reportedly, Visa Inc. (V) has completed the acquisition of Currencycloud, a global platform enabling banks and fintechs to provide innovative foreign exchange solutions for cross-border payments. The acquisition builds on an existing strategic partnership between Currencycloud and Visa. The transact...

Insurance Giant Travelers To Release Q4 Earnings On Jan 20

Reportedly, the Travelers Companies, Inc. (TRV), Inc will review its fourth quarter and full-year 2021 results at 9 a.m. ET on Thursday, Jan. 20. Website & Call Details: Investors can access the call via webcast on the company’s website. Interested parties can dial 844-895-1976 within t...

American Express Company To Pay Quarterly Dividend On Feb 10 – $AMP

Reportedly, the Board of Directors of American Express Company (AXP) announced a regular quarterly dividend of $0.43 per common share to all stockholders as of January 7, 2022, payable on February 10, 2022.   Dow 30 component American Express Company (AXP) and its subsidiaries provide custo...

JPMorgan Chase Eases Overdraft Charges Comforting Customers

As per reports, JPMorgan Chase & Co (JPM) allows customers more space on overdrafts before charging fees, giving up revenue in a bid to attract customers and to keep up with competitors. The bank informed that beginning next year it will allow customers a full day to restore overdrawn balances a...

Visa U.S. Spending Momentum Index (SMI) Rises To 111.9 In November – $V

Reportedly, Visa Inc. (V)  announced the U.S. Spending Momentum Index (SMI) of 111.9 in November adjusted seasonally, an increase from 1.3 points in October, marking the second consecutive month of acceleration in consumer spending momentum. The SMI’s further increase above 100 shows that even mo...

Goldman Sachs Announces Increased Employee Benefits To Attract & Retain Talent

Reportedly, Goldman Sachs Group, Inc. (GS) is offering a series of benefits for its employees, in an attempt to ease the strain on its workers and attract talent. The bank is increasing its retirement fund, matching contributions for U.S. employees to 6% of total compensation, making a jump of 2%. T...

JP Morgan Named The World’s Most Systemic Bank By FSB

As per reports, JPMorgan Chase & Co (JPM) has once again become globally the most systematically important bank, as per the latest annual ranking of top lenders by global regulators, with BNP Paribas and Goldman Sachs also adding to the list with being more systemic, moving up one position. The...

JPMorgan’s Hong Kong Staff Can Be Paid Up To $5,000 For Hotel Quarantine

As per reports, JPMorgan Chase & Co (JPM) to pay some of its Hong Kong-based staff up to $5,000 each for their hotel quarantine stay. As per the company memo, employees at the executive director level and below would be entitled to the one-off payment for a single quarantine stay in Hong Kong. T...

Nike Increases Quarterly Dividend By 11 Percent, Payable Dec 28

As per reports, Nike Inc’s (NKE) board has declared a quarterly cash dividend of $0.305 per share on the company’s outstanding Class A and Class B Common Stock, payable on December 28, 2021. The dividend is payable to stockholders as of December 6, 2021, and marks an increase of 11 percent from ...

Walmart Reports Exceed Q3 Earnings Expectations – Remains Confident As Holiday Season Approaches

Walmart Stores, Inc. (WMT) reported Q3 earnings, exceeding market estimates as high inflation pushed more customers to seek out its discount prices. Earning Highlights: The retailer reported an adjusted EPS of $1.45 versus $1.40 expected. Revenue stood at $140.53 billion versus $135.60 billio...

Visa States Latest SMI Supports View That Consumer Spending Set To Bounce Back In Q4

Reportedly, the U.S. Spending Momentum Index has increased  to110.6 in October up 2.1 points from September, as per the Visa (V) SMI index, an economic indicator of the health of consumer spending. The Visa SMI above 100, indicates strong consumer spending momentum and when it falls below 100, it d...

Global Technology Leader Cisco Schedules Q1/2022 Release On November 17

As per reports, Cisco Systems, Inc. (CSCO) will host a conference call for its first-quarter fiscal year 2022 financial results on Wednesday, November 17, 2021, at 1:30 PM (PT)/ 4:30 PM (ET). Call & Link Details: 888-848-6507 & 212-519-0847 (for International Callers) Live & replay au...

Goldman Sachs Promotes Diversity In Hiring

As per reports, Goldman Sachs Group, Inc. (GS) has promoted 643 people to managing director, the bank's second-highest rank behind a partner, which included a higher proportion of female, Black, Asian, and Latino workers. The bank believes that more Black, Latino, and female professionals are to be...

Biotech Giant Amgen Announces Q4 Dividend Payable Dec 8

As per reports, the board of Dow 30 Amgen (MGN) announced a $1.76 per share dividend for the fourth quarter of 2021 and is payable December 8, 2021 to all stockholders as of November 16, 2021. If you liked this story please consider, visiting the Atossa Therapeutics (ATOS) dedicated page at Vista ...

American Express Posts Strong Q3 Earnings As Card Spending Increases

As per reports, American Express Company (AXP) released third-quarter earnings reporting earnings per share of $2.27 a share on revenue of $10.9 billion, exceeding analysts’ estimates of $1.80 a share on revenue of $10.52 billion. Net income in the period was $1.83 billion versus $1.07 billion a y...

American Express UK Credit Cards Consumers To Pay Higher Interest Rates Starting February

Reportedly, American Express Company (AXP) is set to increase interest rates that it charges UK consumers’ credit cards from 22.2% to 24.5% starting February next year. The increase of 2.3 percentage is because of the rising costs of providing loyalty programs, rewards, and benefits to its custome...

Intel’s Q3 Hit By Industry-Wide Component Shortage

Intel Corporation (INTC) reports weak third-quarter earnings figures, driven by an industry-wide component shortage for its PC chip business leading to a 2% shrinkage during the quarter ended October 2. “We call it match sets, where we may have the CPU, but you don’t have the LCD, or you don’...

Some US Walmart’s Allowing Customers To Buy Bitcoin At Coinstar Kiosks

Reportedly, Walmart Stores, Inc. (WMT) offers customers at some of its U.S. stores to purchase bitcoin using ATM-like machines installed by Coinstar. Coinstar, which has machines that can exchange physical coins for cash, has partnered with CoinMe, digital currency exchange to let customers buy bitc...

American Express & Goldman Collaborating To Offer Businesses Integrated Digital Payments Solutions

Reportedly, American Express (AXP) and Goldman Sachs (GS) Transaction Banking announced a collaboration to provide large corporate clients with a cloud-based payments solution that will support multiple payment options and also offer analytics and data in one integrated platform. The collaboration w...

P&G Reports Beats Q1 Estimates – Points to Inflationary Concerns

As per reports, Procter & Gamble Company (PG) reported first-quarter earnings, beating analyst estimates even as higher costs weighed on the company’s profits.  The company also raised its forecast for commodity and freight costs for the remainder of the fiscal year, warning it believes infla...

Goldman Sachs Beats Estimates As IBank Revs Surge Nearly 90%! – $GS

Reportedly, Goldman Sachs Group, Inc. (GS) reported their Q3 results, which exceeded analysts’ expectations, as investment banking revenue surged nearly 90%. Earning Highlights: Earnings of $14.93 a share were reported versus $10.18 estimated. Revenue of $13.61 billion was reported, a 26% i...

Visa To Now Offer Visa Installments In Australia With ANZ & Quest Payment Systems

Reportedly, Visa (V) has announced the expansion of Visa Installments in Australia in partnership with one of the country’s largest financial institutions, ANZ, and merchant payment provider, Quest.  The solution allows  Australian shoppers to access "Buy Now, Pay Later" (BNPL) financing via the...

Visa To Release Fourth-Quarter Earnings On Oct 26

As per reports, Visa Inc. ( V) is to announce its fiscal fourth quarter and full-year 2021 financial results on Tuesday, October 26, 2021, after the market closes. The Visa’s executive management team will host a live audio webcast beginning at 2:00 p.m. P.T (5:00 p.m. ET) to discuss the results....

Verizon Communications, Inc. (VZ) To Release Q3 Results On Oct 20

As per reports, Verizon Communications, Inc. is to announce third-quarter 2021 earnings on Wednesday, October 20, beginning at 8:30 a.m. ET. All the necessary materials will be available on the website at 7:30 a.m. Verizon Communications, Inc. (VZ) is a worldwide leader in delivering communicatio...

American Express Schedules Quarterly Dividend Payable Nov 10

As per reports, the Board of American Express Company (AXP) announced a regular quarterly dividend of $0.43 per common share to shareholders as of October 8, 2021. The dividend is payable on November 10, 2021. Dow 30 component American Express Company (AXP) and its subsidiaries provide customers ...

JPMorgan Chase & Co Invests More Than $60 Million In MDI’s

Reportedly, JPMorgan Chase & Co (JPM) has invested in 10 banks with diverse leadership, acquiring stakes with a total value of more than $60 million. The bank is giving its customers free access to thousands of ATMs as part of its initiative and also to help address the racial wealth gap. The ...

Nike Q1 Earnings – Supply Chain Issues & Brands Digital Success Highlighted

NIKE, Inc. (NKE) recently released Q1 earnings which were 'curbed' by supply-chain issues, as manufacturing delays due to factory shutdowns in facilities in Asia continued. The sportswear giant reported revenue of $ 12.2 billion vs. $12.47 billion expected. Adjusted earnings of $1.16 cents were repo...

American Express Schedules Q3 Earnings Release On Oct 22

As per reports, American Express Company (AXP) is to release its third-quarter 2021 financial results on Friday, October 22, 2021, followed by a live audio webcast of its earnings conference call at 8:30 a.m. (ET). The webcast can be reached at the company’s website at https://ir.americanexpress.c...

JP Morgan Announces Increase In Quarterly Dividend

Reportedly, JPMorgan Chase & Co (JPM) announced a quarterly dividend of $1.00 per share on the outstanding shares of the common stock of JPMorgan Chase. The board announced the dividend date as October 31, 2021, to stockholders of record at the close of business on October 6, 2021. The quarter d...

Digital Retail Bank Chase

JP Morgan Enters British Market With Launch Of Digital Retail Bank Chase

Reportedly, JPMorgan Chase & Co (JPM) is challenging British rivals with the launch of its long-awaited digital retail bank, Chase. The launch marks the entry into retail banking outside North America by one of the United States' most dominant lenders, building pressure on British incumbents suc...

Shipt Skillshare Sofar Sounds

Visa Releases Shipt, Skillshare, Sofar Sounds Benefits For U.S. Consumer Credit Cardholders

Reportedly, Visa (V) announced exclusive benefits for Visa’s U.S. Consumer Credit cardholders, with three exclusive benefits, such as Shipt, Skillshare, and Sofar Sounds. Eligible cardholders can enjoy; Free Shipt membership to receive free same-day delivery on groceries and household essenti...

J&J To Host Q3 Results Call On Oct 19th

Healthcare Giant J&J To Host Q3 Results Call On Oct 19th

Reportedly, Johnson & Johnson (JNJ) announced to host a conference call for investors at 8:30 a.m. on Tuesday, October 19th to review and analyze third-quarter results. The call will be hosted by Executive Vice President and Chief Financial Officer, Joseph J. Wolk. Teh. The senior leadership wil...

Goldman Acquiring Fintech Firm

Goldman Acquiring Fintech Firm GreenSky For $2.24B

As per reports, Goldman Sachs Group Inc. (GS) is buying Atlanta-based, GreenSky Inc. for about $2.24 billion, extending its Marcus consumer-banking platform, a company offering payment plans to customers with home-improvement projects or health-care needs. The bank will pay 0.03 share of its common ...

Stephen Scherr

Goldman Announces Appointment Of New CFO To Succeed Stephen Scherr

Reportedly, Goldman Sachs Group Inc. (GS) has appointed Denis Coleman, as its chief financial officer effective year-end and is taking over from current CFO Stephen Scherr, 57. Coleman, 47, is currently serving as the co-head of the global financing group in Goldman's investment banking division. Go...

Intel Declares Quarterly Dividend

Intel Declares Quarterly Dividend Payable December 1

Reportedly, the board of Intel Corporation (INTC) declared a quarterly dividend of $.3475 per share on the company’s common stock payable on December 1. The dividend is payable to shareholders of record as of Nov. 7, 2021.  Intel Corporation (INTC) seeks to expand the boundaries of technology ...

JPMorgan Chase Announces Allison Beer To CEO In Cards Division

JPMorgan Chase & Co Announces Key Appointments In Cards Division – Allison Beer To CEO

Reportedly, JPMorgan Chase & Co (JPM) has appointed Allison Beer as the chief executive officer of cards at Chase to lead the cards business at the retail bank. Chase is JPMorgan's retail bank which is housed within its consumer & community banking division. [caption id="attachment_53452"...

JPMorgan Volkswagen AG’s Payments Platform

JPMorgan ($JPM)To Acquire 75% Of Volkswagen AG’s Payments Platform

Reportedly, JPMorgan Chase & Co (JPM) is buying a majority stake in Volkswagen AG’s payments platform, extending its services further into the auto industry, with a 75% share of Volkswagen Payments SA. The bank plans to work with the car manufacturer to develop the platform for new markets tha...

Chase Visa Contactless Card

Visa & Chase Come Together To Donate To New York Cares With Their Chase Visa Contactless Card

As per reports, Visa (V) and Chase (JPM) announced that riders on MTA subways or buses, who tap with their Chase Visa contactless card, will donate 10 cents per tap, up to $250,000, to local nonprofit New York Cares, through September 30, 2021 or when maximum donation amount is reached). Local nonpr...

Visa Black Scholars and Jobs Program

50 First-Year College Students Welcomed Into Visa’s Black Scholars & Jobs Program

Reportedly, Visa Inc. (V) announced the inaugural class of the Visa Black Scholars and Jobs Program, rewarding 50 first-year college students around the country with scholarship assistance for up to four years. Visa Black Scholars will get a chance to work with Visa mentors throughout their college ...

Cisco's Q4 Earnings Release

Highlights From Cisco’s Q4 Earnings Release

Cisco Systems, Inc. (CSCO) reported their fourth-quarter earnings this week, slightly above estimates but earnings guidance was just slightly off. The technology giants stressed and raised concerns over supply constraints. In May, Cisco had indicated it could face supply constraints at least through...

Goldman Sachs & Aareal Capital Corp Behind $500

Goldman Sachs & Aareal Capital Corp Behind $500 Million Beverly Hilton & Waldorf Astoria Condo Project Refinancing

Reportedly, The Beverly Hilton and adjacent Waldorf Astoria obtained $500 million in refinancing from Goldman Sachs Group Inc. (GS) and Aareal Capital Corp. as the owners are preparing to build a neighboring condo and hotel complex in Beverly Hills, California. According to a statement Aareal, a un...

The Home Depot Confirms That Q2 Marks The 138th Consecutive Quarter It Has Paid A Cash Dividend

Reportedly, Dow 30 component the Home Depot, Inc. (HD) declared a cash dividend of $1.65 per share for the second quarter payable to all stockholders as of September 2, 2021. The board announced the dividend is payable on September 16, 2021, marking the 138th consecutive quarter the company has paid...

Cisco's Q4 Earnings Release

Highlights From Cisco’s Q4 Earnings Release

Cisco Systems, Inc. (CSCO) reported their fourth-quarter earnings this week, slightly above estimates but earnings guidance was just slightly off. The technology giants stressed and raised concerns over supply constraints. In May, Cisco had indicated it could face supply constraints at least through...

American Express Delays Return Of Employees To Office As Delta Variant Surges

As per reports, American Express Company (AXP) has delayed a full return of its employees to offices in the United States until at least October 11, as the highly contagious Delta variant of coronavirus is witnessing a surge in the country, informed an internal memo sent by Steve Squeri Chief Execut...

JPMorgan Announces New Real-Time Payments Service – “Request for Pay”

Reportedly, JPMorgan Chase & Co (JPM) has launched a real-time payments option, "Request for Pay" hoping to expand its edge in the financial industry's battle to handle more of the increasing volumes of global digital payments. The new addition allows corporate clients to send payment requests t...

Disney Reports Strong Q3 Results – Disney+ Subscribers Growth Exceed Expectations

Reportedly, the Walt Disney Company (DIS) released fiscal Q3 earnings beating estimates as user growth at its Disney+ platform performed ahead of expectations. Revenue of $17.02 billion was reported for the quarter ending July 3, versus $16.80 billion expected, and adjusted earnings per share of 80 ...

JPMorgan Revises Covid-19 Protocols In U.S. Offices Amid Rising Delta Variant Cases

As per reports, JPMorgan Chase & Co (JPM), United States has issued guidelines that require employees to wear masks in public indoor settings and in common areas within their offices regardless of their vaccination status. The above decision highlights the rising COVID-19 cases in the United St...

Honeywell (HON) To Pay Quarterly Dividend On Sept. 3

As per reports, the board of Honeywell (HON) declared a quarterly dividend of $.93 per share to common shareholders payable on September 3, 2021. The dividend is payable out of surplus to shareowners of record at the close of business on August 13, 2021. Vista Partners LLC (”Vista”) is a Califo...

Rising Vaccinations & Reviving Economies Boost Visa’s Q3 Earnings

Visa (V) reported strong quarterly earnings as domestic spending bounced back to pre-pandemic levels and international travel is also on the road to recovery as vaccinations rise and economies reopen. Payment giants are witnessing an increase in volumes from the coronavirus-induced slump as travel a...

IBM Schedules Quarterly Cash Dividend Payable September 10

As per reports, the board of International Business Machines Corporation (IBM) announced a regular quarterly cash dividend of $1.64 per common share, to stockholders of record August 10, 2021, payable September 10, 2021.   Dow 30 component International Business Machines Corporation (IBM) p...

American Express Gains Record Number Of New Customers To Its Platinum Card – Reports Strong Q2 Revenue

American Express Company (AXP) reported a revenue surge of 33% to $10.2 billion in the second quarter, topping the $9.6 billion average estimate of analysts, as the credit-card giant added a record number of new customers to its tony Platinum card in the period.  AmEx was hit hard by the Covid-19 ...

Visa Announces Acquisition Of Currencycloud – Pushing Forward Goal To Facilitate Global Money Movement

Reportedly, Visa Inc. (V) has entered a definitive agreement to acquire a global platform that enables banks and fintech to provide innovative foreign exchange solutions for cross-border payments, Currencycloud. The deal builds on existing strategic partnerships between the two companies and values ...

Verizon Q2 Earnings Top Estimates – Reports Strong Postpaid Wireless Subscribers Growth

Verizon Communications, Inc. (VZ) second-quarter earnings performed better than analyst’s estimates, reporting adjusted earnings per share of $1.37 and revenue climbing 11% to $33.8 billion for the quarter ending June 30.  Analysts had estimated Verizon earnings of $1.30 a share on revenue of $32...

Travelers Beats Wall Street’s Q2 Expectations

Reportedly, The Travelers Companies, Inc. (TRV) released strong Q2 profit figures driven by higher premiums, the surge in returns from investments, and lower catastrophe losses beating analysts' average earnings per share forecast by more than $1.00, or about 44%. Travelers' pre-tax net investment ...

IBM Releases Q2 Earnings Confirm Analysts’ Beat & Fastest Revenue Growth In 3 Years

International Business Machines Corporation (IBM) reported Q2 earnings & beat analysts' expectations. The company reported adjusted earnings of $2.33 per share vs. $2.29 per share expected. Revenue grew 3% year over year in the quarter and stood at $18.75 billion, vs. $18.29 billion expected. ...

Johnson & Johnson’s Board Schedules Q3 Dividend

Reportedly, the board of Johnson & Johnson (JNJ) to pay a cash dividend of $1.06 per share on the company's common stock, for the third quarter of 2021 payable on September 7, 2021. The dividend is payable to shareholders of record at the close of business on August 24, 2021.   Dow 30 c...

JPMorgan Clocks Quarterly Earnings Beat

JPMorgan Chase & Co (JPM) reported strong earnings this week boosted by a 'strong economy' and the release of credit reserves. The bank reported better than expected Q2 earnings with adjusted EPS of $3.78 versus $3.15 estimate and revenue stood at $31.4 billion versus $30.06 billion estimates. T...

Goldman Sachs Reports Strong Q2 Beating Estimates – Raises Dividend

The Goldman Sachs Group, Inc. (GS) reported strong Q2 earnings this week that exceeded Wall Street expectations, riding high in investment banking amid a robust IPO market. The bank reported earnings of $15.02 per share vs. $10.24 expected & Revenues stood at $15.39 billion versus $12.17 billion...

Boeing To Discuss Q2/2021 Earnings On July 28

Reportedly, Boeing (BA) to release its second quarter 2021 earnings on Wednesday, July 28, followed by a conference call at 10:30 a.m E.T. to discuss and review the results. The call will be hosted by David Calhoun, President & Chief Executive Officer, and Interim Chief Financial Officer, Dave D...

Customer Spending On Crypto-Linked Cards Exceed $1B In 1H2021 Per Visa

As per reports, Visa Inc. (V) informed that more than $1 billion has been spent by its customers on its crypto-linked cards in the first half of this year. The company is taking the necessary steps to smoothen crypto transactions and partnering with 50 cryptocurrency platforms, making it easier for ...

As US Gears Up American Express Includes Premium Benefits To Its Platinum Card

American Express Company (AXP) is adding numerous new perks to its Platinum product, from $200 in annual hotel credits to deals for chartering private jets as a broad move to revamp the popular premium card. The credit card giant has increased the annual Platinum fee to $695 from $550. “We’re...

Walgreens Raises Yearly Forecast, Reports Strong Q3 Earnings

Walgreen Boots Alliance (WBA) reported strong third-quarter earnings this week, reporting adjusted earnings per share of $1.51 versus $1.17 expected, and revenue of $34.03 billion was reported versus $33.76 billion expected. The retailer raised its outlook for the year, expecting about 10% growth in...

Investment Bank JP Morgan Opens European Headquarters In Paris

Reportedly, Investment bank JP Morgan (JPM) has opened up its European headquarters in Paris as Brexit has meant the UK is losing its importance as the financial center of the region. The Investment bank to move 140 employees to Paris as part of its European-wide Brexit strategy and aims to have 800...

JPMorgan Chase Announces Second-Quarter 2021 Earnings Release On July 13

Reportedly, JPMorgan Chase & Co. (JPM) to release second-quarter 2021 financial results on Tuesday, July 13, 2021, at 7:00 a.m (EDT), followed by a conference call at 8:30 a.m. (EDT). JPMorgan Chase will notify the public about the release through Twitter, and by a press release over Business Wi...

JPMorgan Chase Announces Entered Strategic Relationship & Ownership Position In Brazil’s C6 Bank

Reportedly, JPMorgan Chase & Co (JPM) and Brazilian digital bank, C6 Bank have entered into a strategic agreement, where JPMorgan Chase will take a 40% ownership stake in the full-service, subject to regulatory approvals. "We’re excited to be partnering with one of Brazil’s fastest growing ...

Coca-Cola Company Announces Release Of Q2 2021 Earnings July 21

As per reports, the Coca-Cola Company (KO) to announce its Q2 2021 earnings on July 21 before trading opens, followed by a conference call at 8:30 a.m. ET to discuss and review the results with the investor community. Interested parties can reach the webcast for this event at the company’s website...

Travelers’s 2021 Championship Produces More Than $2 Million For 112 Charitable Organizations

As per reports, the 2021 Travelers Championship has generated more than $2 million for 112 charitable organizations informed the Travelers Companies, Inc. (TRV). The insurance provider became the title sponsor in 2007, and the tournament has generated $22.5 million for more than 800 non-profits acro...

American Express To Announce Q2 2021 Results On July 23

Reportedly, American Express Company to release its Q2 2021 financial results on Friday, July 23, 2021, at 7 a.m. (ET), followed by a live audio webcast at 8:30 a.m. (E.T) to discuss and review the results. The webcast can be reached by the general public at the American Express, Investor Relations ...

Nike Crushes Q4 Earnings Expectations – Witnesses Growth In North America & Greater China

As per reports, Nike Inc. (NKE) reported fiscal Q4 earnings and sales this week, beating analyst estimates. The sports giant also offered a better-than-expected sales outlook for the upcoming year, driven by optimistic growth around its women’s category, apparel business, and Jordan brand. Nike wi...

Blockchain Capital Raises $300M From Investors Including Visa, PayPal, Etc.

Reportedly, Blockchain Capital, a cryptocurrency- and blockchain-focused venture capital firm, raised $300 million in funding for its Fund V from investors including Visa Inc.(V) and PayPal Holdings Inc. Blockchain Capital informed that some investors in Fund V, including PayPal and Visa, will also ...

JPMorgan Asset-Management Arm Buys Campbell Global LLC – A $5.3B Forest Investor

As per reports, JPMorgan Chase & Co.’s (JPM) asset-management arm has agreed to purchase Campbell Global LLC, which focuses on timberland and natural resources and has $5.3 billion in investments. The bank aims to become an active participant in carbon offset markets, using forests to capture ...

JPMorgan Boosts Overseas Retail Digital Banking Expansion Via Acquisition of Nutmeg, A Robo Wealth Manager

Reportedly, JP Morgan Chase (JPM) has bought UK robo wealth manager Nutmeg, complementing the digital bank it plans to launch in the UK later this year under the Chase brand. Sanoke Viswanathan, head of JPMorgan’s international consumer division, stated: "We are building Chase in the UK from scra...

Cisco & Goldman Sachs Announce ESG Conference Call/Webcast For June 22

Reportedly, Cisco & Goldman Sachs will host an Environmental, Social, and Governance Webcast / Conference Call on June 22, 2021, at 11:00 a.m. ET (8:00 a.m. PT/4:00 p.m. BST) for the Financial Community. Senior Vice President, Corporate Affairs, Tae Yoo, will discuss Cisco's Corporate Social R...

American Express Allows Employees To Work From Home Permanently For 2 Days A Week

Reportedly, American Express Co (AXP) will allow most employees to work from home for up to two days a week permanently, unveiling a hybrid back-to-office approach. As per an internal memo by AmEx Chief Executive Officer Stephen Squeri, most of the U.S. and U.K. staff of the credit card issuer will ...

Insurance Provider Travelers To Announce Q2 2021 Results On July 20

Reportedly, The Travelers Companies, Inc. (TRV) to release its Q2 2021 results on Tuesday, July 20, 2021, followed by a conference call at 9 a.m. ET to review the results. Interested parties can access the call via webcast at investor.travelers.com and by dialing, 844.895.1976 (United States). ...

American Express Secures First Spot In Customer Satisfaction In The J.D. Power U.S. Online & Mobile App Credit Card Studies

Reportedly, the American Express (AXP) App1 and the American Express website both have been ranked number one in customer satisfaction among the U.S. credit card companies’ mobile apps and credit card websites, according to the J.D. Power 2021 U.S. Online & Mobile App Credit Card Satisfaction ...

American Express Announces “Membership Week” From June 14 – June 18 Featuring Offers, Deals & Experiences

As per reports, American Express Company (AXP) is conducting its first-ever five-day Membership Week from June 14-June 18, featuring offers, experiences, and special deals for American Express ® U.S. Consumer and Small Business Card Members. "Part of what makes our brand so special is our commun...

Cisco Announces $.37 Quarterly Cash Dividend

Reportedly, the board of Cisco Systems, Inc. announced a quarterly cash dividend of $.37 per common share to shareholders of record at the close of business on July 6, 2021. The dividend is payable on payable on July 28, 2021. Cisco Systems, Inc. (CSCO) is a global technology leader that designs, m...

Merck Announces Q3 2021 Dividend Payable July 7, 2021.

Reportedly, Merck & Co., Inc.  (MRK) has announced a quarterly dividend of $0.65 per share of the company’s common stock for the third quarter, 2021 to shareholders of record at the close of business on June 15, 2021. The dividend is payable on July 7, 2021. Merck & Co., Inc.  (MRK) is ...

Goldman Sachs Wins China Approval For Joint Wealth Management Venture With ICBC

Reportedly, China has approved the Goldman Sachs Asset Management Unit and Industrial and Commercial Bank of China (ICBC) joint venture to set up a foreign-controlled wealth management firm. The unit of Goldman Sachs Group Inc will offer a 51% funding contribution ratio, while the wealth management ...

JPMorgan Morgan Health In Washington DC With Deploying Up To $250M

As per reports, JPMorgan Chase & Co (JPM) announced details about Morgan Health, a new business venture focused on improving the efficiency, quality, and equity of employer-sponsored healthcare. The unit will be led by Dan Mendelson, CEO of Morgan Health. Mendelson will report to the Vice-Chair...

J.P. Morgan Secures Top Spot As European Web Transaction Acquirer

Reportedly, J.P. Morgan (JPM)  has secured the top spot in the Nilson Report’s European ranking of merchant acquirers for the sixth year in Europe by web-based transactions. As per the report,  the 45 largest acquirers handled over 22 billion web-based transactions with a value of over $1 trill...

Goldman’s Consumer Business CFO, Sherry Ann Mohan To Join JPMorgan Chase Business Banking Unit

As per reports, JPMorgan Chase & Co (JPM) has hired Sherry Ann Mohan as the chief financial officer of its business banking unit, formerly MD, and CFO for Goldman's (GS) consumer business. Mohan served at Goldman's consumer business, which includes Marcus and Apple Card. Sherry Ann Mohan's depa...

JPMorgan Lays Down Carbon Reduction Goals For Clients

Reportedly, JPMorgan Chase & Co (JPM) has set out mid-term, carbon reduction goals for clients, as the bank faces pressure to align their financing activities with their climate change commitments. JPMorgan Chase & Co is asking its clients in the auto industries and electric power to meet ca...

Visa Collaborates With Wave, Offering Instant Payouts To Canadian Small Business Owners

Reportedly, Visa Inc. (V) has partnered with Wave, an all-in-one accounting and business banking platform to launch Instant Payouts to Canadian small businesses helping them to manage their cash flow. The platform will be enabled by Visa Direct, Visa's real-time2 push payments platform, and made ava...

American Express Announces Quarterly Dividend

Reportedly, the Board of American Express Company (AXP) announced a regular quarterly dividend of $.43 per common share to shareholders of record on July 2, 2021, payable on August 10, 2021. Dow 30 component American Express Company (AXP), and its subsidiaries provide customers and businesses globa...

Cisco Announces Q3 Release Details

Reportedly, Cisco Systems, Inc. (CSCO) is scheduled to release its third-quarter earnings, 2021 on Wednesday, May 19, 2021, at 1:30 PM (PT) / 4:30 PM (ET). The press release of the earnings will be posted on the company's website under the "Newsroom" section. Dial-in details: 888-848-6507 & 21...

Home Depot To Release Q1 Earnings On May 18

As per reports, the world's largest home improvement retailer, The Home Depot, Inc. (HD) is scheduled to announce its first-quarter earnings conference call on Tuesday, May 18, at 9 a.m. ET. The webcast can be reached at http://ir.homedepot.com/events-and-presentations under the First Quarter Earnin...

Visa Quarterly Earnings Signal Reviving Economy

Visa (V) earnings are showing signs of recovery as an increase in online shopping helped the world's biggest payment processor quarterly earnings beat Wall Street estimates and overcome sluggish travel spending. Visa's total payment volumes increased 11% on a constant dollar basis. Visa's net revenu...

Microsoft Reports Earnings

Microsoft (MSFT) reports reports earnings expectations. The technology giant’s majority growth contributor was its Azure cloud division, pushing its market capitalization close to $2 trillion. For the quarter, the company reported $15.12 billion in revenue from the segment, a 23% year-over-year in...

IBM Reports Encouraging Q1 Revenue Growth & Beat!

International Business Machines Corporation (IBM) reports Q1 revenue growth after four quarters of declining figures. The technology giant reported an adjusted EPS of $1.77 per share versus $1.63 per share as expected by analysts. Revenue of $17.73 billion was recorded, a little ahead of market esti...

American Express Exceeds Quarterly Profits- Benefits of $675M From Release of $1.05B From Loan-loss Reserves

As per reports, American Express Co (AXP) released strong quarterly earnings, beating market estimates. The business card for companies is improving as government incentives and vaccine rollouts point at economic recovery, assisting the industry to recover from a pandemic-driven low in non-essential...

Procter & Gamble Quarterly Earnings Beat Market Estimates- Consumers Continue Buying Pandemic Inspired Cleaning Products

Reportedly, the Procter & Gamble Company (PG) third-quarter earnings exceeded analyst estimates as consumers continue to purchase more cleaning supplies and also bounce back to buying beauty products. Key Earning Highlights for the quarter ending March 31: Earnings per share of $1.26 were r...

JPMorgan Reports Positive Q1 Earnings, Crushing Market Estimates

JPMorgan Chase & Co (JPM) released first-quarter earnings, performing better than market estimates as the economy starts to revive from the COVID-19 crisis. Key Earning Highlights: Adjusted earnings per share of $4.50 were reported versus the $3.05 estimate. Revenue stood at $32.3 billion...

Goldman Sachs Reports Q1 Earnings, Exceeding Market Expectations

Reportedly, the Goldman Sachs Group, Inc. (GS) reported first-quarter net profits and revenues, beating analysts’ estimates driven by a strong performance from the firm’s investment banking and trading businesses. “We have been working hard alongside our clients in preparation for a world b...

Honeywell Schedules Release Of Q1 Financial Results

Reportedly, Honeywell (HON) is scheduled to release its first-quarter earnings before trading opens on Friday, April 23, followed by a conference call at 8:30 a.m. ET to discuss and review the results. Dial-in details: (800) 263-0877 for domestic or (646) 828-8143 for international. Conference code...

JPMorgan Chase Introduces Specialized Green Economy Team Supporting Environment Friendly Companies

Reportedly, JPMorgan Chase & Co (JPM) Commercial Banking has launched the new Green Economy Specialized industry team, supporting environmentally-friendly goods and services companies with dedicated banking services and expertise. Brian Lehman with more than 20 years of client-facing experience ...

Goldman May Soon Offer Bitcoin To Wealth Management Clients

Goldman Sachs Group Inc (GS) is reportedly planning to offer investment vehicles for Bitcoin and other digital assets to its private wealth management unit clients.  ″We are working closely with teams across the firm to explore ways to offer thoughtful and appropriate access to the ecosystem f...

JPMorgan Chase Announces Release Date For First-Quarter 2021 Earnings

Reportedly, JPMorgan Chase & Co (JPM) is scheduled to release its first-quarter 2021 financial results on Wednesday, April 14, 2021, at 7.00 am ET, followed by a conference call to review the results at 8:30 am ET. The live audio webcast can be reached on the company’s website under Investor ...

Goldman Sachs Preparing London Staff To Return Office

As per reports, Goldman Sachs Group Inc (GS) is preparing the return for hundreds of staff back in its London office, after Easter Break, as companies now expect normal working conditions during the COVID-19 pandemic. Nearly 200 of Goldman's 6,000 London employees are expected to return to the offic...

Chevron Announces First-Quarter, 2021 Earnings Call & Webcast

Chevron Corporation (CVX) is scheduled to discuss its quarterly earnings via a conference call at 11:00 a.m. ET, on Friday, April 30, 2021.  The meeting will be hosted by Pierre Breber, Vice President & Chief Financial Officer, and Roderick Green, General Manager, Investor Relations. Dial-in d...

Merck Announces Q1 2021 Sales & Earnings Release & Conference Details – April 29

As per reports, Merck & Co., Inc.  (MRK). is set to host its first-quarter 2021 earnings conference call at 8:00 a.m. ET on Thursday, April 29. The live call webcast can be reached on the company’s website under “Events & Presentation”. Investors and analysts can dial (833) 353-0277 o...

Visa Enhances Global Money Movement Capabilities With Its Visa Direct Payouts

Reportedly, Visa (V) has announced the expansion of Visa Direct with the introduction of Visa Direct Payouts. The new solution allows global Visa clients and partners to use a single point of connection to push payments to eligible cards and/or accounts for cross-border payments, and eligible cards ...

American Express Announces Q1 Earnings Release Date

Reportedly, American Express Company (AXP) to release its first-quarter 2021 financial earnings on Friday, April 23, 2021, at 7.00 a.m. (ET), followed by a conference call at 8.30 am to discuss and review the results. The webcast can be reached by the interested parties on the company’s website un...

Goldman Considering Take Over Of JetBlue’s Credit Card Business

As reported in the Wall Street Journal, Goldman Sachs Group Inc. (GS) is in talks with JetBlue Airways Corp to take over its credit card program. The bank is competing with Barclays PLC, which is the current issuer of JetBlue's credit cards and is reportedly in talks with the low-cost airline to str...

Visa Faces Probe By U.S. Justice Department Over Debit-Card Routing Practices

As per reports, Visa Inc. (V) is under investigation by the U.S Department of Justice to probe the credit card’s giant involvement in anti-competitive practices in the debit-card market. The antitrust division is probing the network’s rules for routing transactions both in stores and online.  ...

The Coca-Cola Company Schedules Release Of Q1 2021 Earnings For April 19

Reportedly, the Coca-Cola Company (KO) to release its first-quarter 2021 financial results on April 19 before the market opens, followed by an investor conference call at 8:30 a.m. ET to discuss and review the results. Interested parties can join a webcast for this event at www.coca-colacompany.com/...

American Express Announces Quarterly Dividend Payable May 10, 2021

Reportedly, the board of American Express Company (AXP) announced a quarterly dividend of $.43 per common share to shareholders as of April 2, 2021. The dividend is payable on May 10, 2021. Dow 30 component American Express Company (AXP), and its subsidiaries provide customers and businesses global...

Goldman Sachs Partner Matthew Verrochi To Be New Co-Head Of Fixed-Income Sales

Reportedly, Goldman Sachs Group Inc. (GS) has promoted Matthew Verrochi to lead fixed-income sales in the Americas alongside Av Bhavsar amid a leadership shuffle. Matthew Verrochi, with 17-year service to the firm, previously served as the regional head for the trading division in San Francisco. Mat...

Travelers Announces Q1 2021 Earnings Release Date

Reportedly, the Travelers Companies, Inc. (TRV) to discuss and review its first quarter 2021 results on Tuesday, April 20, at 9 a.m. ET soon after the release of results earlier that morning. Investors can reach the call via webcast on the company’s website under Investor Relations. Alternately In...

Intel Announces Quarterly Cash Dividend

As per reports, the board of Intel Corporation (INTC) announced a quarterly dividend of $0.3475 per share on the company’s common stock payable on June 1, 2021, to stockholders as of record on May 7, 2021. Intel Corporation (INTC) seeks to expand the boundaries of technology to provide the most a...

JP Morgan To Strengthen New Remote Financial Advice Offering By Hiring Over 100 Financial Advisors In Phoenix Metro Area

Reportedly, J.P. Morgan Wealth Management (JPM) to hire more than 100 financial advisors in the Phoenix metro area by 2022, working on the bank’s commitment to growing in Arizona. The new employees will be a part of J.P. Morgan’s growing U.S. wealth management business, with a focus to offer pro...

Travelers Collaborates With Westhill In Move to Improve Claim Experience

Reportedly, The Travelers Companies, Inc. (TRV) has tied up with an innovative technology solution designed by Westhill. Travelers customers filing property claims in select states can now help themselves with Westhill’s digital platform, allowing them to communicate with reputable contractors in ...

American Express Widens Its Hiring Choices , As Work From Home Continues To Stay

As per reports, American Express Company (AXP) may prefer to hire from a larger talent pool in the future from cities where it does not have offices, as most of its employees would continue working from home. "I don't think the work environment as we left it, will be the work environment we come ...

Goldman Sachs’ Head Lawyer Karen Seymour Exits Position

As per the Bloomberg report, Goldman Sachs Group Inc's (GS)  general counsel Karen Seymour is leaving the bank. Seymour played a pivotal role in the bank's negotiations to settle U.S. and international investigations into the role Goldman Sachs bankers played in Malaysia's 1MDB corruption scandal. ...

Colleen Foster, Goldman’s Global Head Of Commodities Finance Is Retiring

Reportedly, Colleen Foster, global head, commodities finance solutions, Goldman Sachs Group Inc (GS) is retiring after serving the firm for more than twenty years. She joined Goldman Sachs in 1999 as a vice president in energy sales and was named partner in 2006. Foster's last role was in investmen...

Coca-Cola Confirms 59th Consecutive Annual Dividend Increase

Reportedly, The Board of the Coca-Cola Company (KO) announced the company’s 59th consecutive annual dividend increase by 2.4 percent from 41 cents to 42 cents per common share, payable on April 1 to shareholders of record on March 15. The board also announced the election of Stacy Apter as vice p...

Honeywell To Pay Quarterly Dividend On March 12

As per reports, Honeywell (HON) will pay a quarterly dividend of $0.93 per share on the outstanding common stock, to all shareholders as of February 26, 2021. The dividend is to be paid on March 12, 2021, as announced by the company's Board of Directors. Honeywell, a Fortune 100 technology company ...

Tesla’s Interesting $1.5B Investment & Willingness To Accept Bitcoin Payments

Reportedly, electric car maker Tesla (TSLA) has invested $1.5B in Bitcoin and will also soon start accepting payments for its cars in Bitcoin "subject to applicable laws and initially on a limited basis," making it the first S&P 500 company to invest in Bitcoin. Last month, a change in investmen...

Visa’s US Consumer Credit Account Holders Can Now Enjoy Benefits With NortonLifeLock

As per reports, Visa Inc. (V) has announced the availability of a new benefit for its Visa consumer credit account holders in the U.S. Consumers holding Visa Infinite, Visa Signature, or Visa Traditional credit cards can now enroll and enjoy benefits of complementary offers and discounts on product...

JP Morgan Appoints Simone Haslinger & Jonas Troeber to Head Australian & New Zealand Equity Capital Markets

Reportedly, JPMorgan Chase & Co (JPM) has appointed Simone Haslinger and Jonas Troeber to head its Australian and New Zealand equity capital markets units, replacing Jabe Jerram and Dyson Bowditch who left the bank recently to join Barrenjoey Capital. Haslinger has been with JPMorgan in 2010 an...

American Express Pushes Uber Perks To Gold Card

Reportedly, American Express Co (AXP) is twisting the rewards on its Gold card as the credit card giant strives to retain its affluent customers. Customers holding a $250-a-year card will now receive a $10 monthly credit for purchases made with Uber Technologies Inc including their rides or food del...

Merck Releases Q4 Earnings Below Estimates

Merck & Co. Inc.  (MRK) reports disappointing quarter results with coronavirus pandemic impacting $400 million on fourth-quarter sales. Sales increased 5% to $12.51 billion but missed analyst forecasts for $12.67 billion. Adjusted earnings came in at $1.32 per share missing estimates of $1.38 p...

American Express Elects Thomas J. Baltimore, President of Park Hotels & Resorts Inc., To Its Board

Reportedly, Thomas J. Baltimore, Jr., Chairman, Chief Executive Officer, and President of Park Hotels & Resorts Inc. has been elected to be a part of the American Express (AXP), Board of Directors effective January 27, 2021. Mr. Baltimore was elected Chairman of the Park Hotels & Resorts’ ...

JPMorgan Chase To Offer Digital Consumer Banking In in Canary Wharf, London

JPMorgan Chase & Co (JPM) is set to launch a digital retail bank under its Chase brand with headquarters in Canary Wharf, London with a contact center in Edinburgh. The bank will provide products and features tailored to meet the needs of customers in the U.K., delivered via an innovative mobile...

Caterpillar Posts Promising Q4 Results

Reportedly, Caterpillar, Inc. (CAT) reported Q4 earnings recently beating analyst estimates. The mining and construction equipment maker posted adjusted fourth-quarter earnings of $2.12 a share, above the $1.45 average of analysts’ estimates. Full-year revenue in 2020 was $41.7 billion, a 22% decr...

Visa Beats Q1 Estimates As Holiday Shopping Revives Consumers Spending

Visa Inc. (V) reports quarterly profits, beating Wall Street estimates and witnessing a surge in online shopping during Christmas and New Year holidays, a much-needed recovery in payment volumes from the coronavirus-driven slump. U.S. holiday sales increased 8.3% last year to record their best growt...

Travelers Ride High On Quarterly Earnings Driven By Higher Premiums & Strong Underwriting

Property and casualty insurer, Travelers (TRV) reported fourth-quarter earnings recently, beating analyst’s estimates boosted by a rise in premiums and strong underwriting. Travelers reported a rise in net written premiums by 6% to $7.08 billion. Its underwriting gains more than tripled to $513 mi...

Aerospace Giant Boeing (BA) Reports Huge Q4 losses Plus Delayed Entry of 777X Jet

Aerospace giant, Boeing (BA) reports huge Q4 losses as the company recorded numerous charges and the delayed the entry of its 777X jet. The company reported a net loss of $11.9 billion and a core loss of $15.25 per share as it booked $8.3 billion in pre-tax charges. Revenue dropped 15% to $15.3 bill...

American Express Exceeds Q4 Estimates & Hoping For More

American Express (AXP) beat the Q4 estimates, reporting an EPS of $1.75 on revenue of $9.35 billion, beating estimates at $1.26 a share. Consumer service revenue dropped 14% to $5.5 billion. Commercial services revenue decreased 20% to $2.7 billion. Merchant and network services revenue also dropped...

Microsoft Beat Q2 Earnings Estimates On Strength Of Cloud & Personal Computing Strength

Microsoft Corp (MSFT) topped second-quarter 2021 earnings, exceeding expectations on the top and bottom lines driven by its cloud and personal computing strength. Revenue of $43.1 billion was reported versus $40.2 billion expected, EPS of $2.03 was reported versus $1.64 expected. The company’s per...

Goldman Sachs Reports Strong Q4 Earnings Riding High On Equities Trading & Investment Banking

Wall Street giant, Goldman Sachs Group, Inc. (GS) reported Q4 earnings recently, exceeding market estimates as they rode high on equities trading and investment banking. The bank reported EPS of $12.08 versus. $7.47 expected. Net revenue of $11.74 billion was reported versus. $10.07 billion expected...

JPMorgan Reports Better Than Expected Q4 Profits

JPMorgan Chase & Co (JPM) reported Q4 earnings recently, ahead of market estimates. The bank reported earnings of $3.79 a share, exceeding estimates at $2.62 per share. Revenue of $30.16 billion was reported, vs. $28.70 billion expected. The firm reported having released $2.9 billion from its s...

Goldman Inks Deal For General Motors Credit-Card Business

Reportedly, Goldman Sachs Group Inc. (GS) has signed a deal to take over General Motors Co.’s credit-card portfolio. Goldman Sachs will be the issuer for the automaker’s credit-card program with an expected start  date in  September. Mastercard Inc. will remain the network for the cards. ...

Visa To Announce Fiscal Q1 2021 Earnings On January 28, 2021

Reportedly, Visa Inc. (V) will announce its fiscal first-quarter of 2021 on Thursday, January 28, 2021, after the market closes.  Visa’s executive management team to host a live audio webcast at 2:00 p.m. Pacific Time/ 5:00 p.m. ET to discuss and review the financial results and business highligh...

Goldman & Marqeta Partnering Personalized & Feature-rich Digital Banking Services

As per reports, The Goldman Sachs Group, Inc. (GS) has partnered with the card-issuing startup Marqeta to develop digital checking accounts set to launch this year. The bank expects the partnership will enable it to offer more personalized and feature-rich digital banking services to its customers....

Visa $5.3B Purchase of Plaid Following Antitrust Pushback From The Department Of Justice

Reportedly, Visa Inc (V) has withdrawn from its $5.3 billion purchase of payment-processing technology company, Plaid following an antitrust pushback from the Department of Justice. The deal was proposed in January 2020. Plaid’s infrastructure allows consumers and businesses to make payments dire...

Walmart To Launch Fintech Start-Up With Ribbit Capital

Walmart Stores, Inc. (WMT) to launch a financial technology (fintech) startup in partnership with Palo Alto, California-based venture capital firm Ribbit Capital which has backed investment platform personal finance portal Credit Karma, Robinhood, and other big names in the industry. The new compan...

Merck Schedules February 4 To Release Its Financial 2020 Results

Reportedly, Merck & Co., Inc.  (MRK) to review and discuss its full-year and fourth quarter 2020 financial results on Thursday, Feb. 4 at 8:00 a.m. ET. Interested parties can reach the live audio webcast of the event at the company’s website under “Events & Presentation”. A replay ver...

JPMorgan Chase Schedules Q4 & Full-Year 2020 Earnings On January 15

Reportedly, leading global financial services firm, JPMorgan Chase & Co (JPM) will announce financial full-year and Q4 results on January 15, 2021, at 7.00 a.m. ET, followed by a conference call at 8:30 a.m. ET to discuss and review the results. Live webcast of the event can be reached at the In...

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