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Market News

Location American Market News for 14 January 2022
The fourth biggest U.S. bank by assets posted quarterly revenue that exceeded analysts' expectations.
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What To Expect From BNY Mellon Stock In Q4?

Forbes - 14 Jan 2022 14:00
What To Expect From BNY Mellon Stock In Q4? BNY Mellon is scheduled to report its fiscal Q4 2021 results on Tuesday, January 18, 2022. We expect BNY Mellon to remain marginally below the consensus estimates for revenues and earnings. The custody banking giant post...
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Tesla made some of its merchandise available for purchase with dogecoin; Major bank earnings are rolling in.
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Eye-Care Company Bausch & Lomb Files for IPO

Wall Street Journal - 14 Jan 2022 02:59
Its parent company, Bausch Health Cos., said in 2020 that it planned to spin off the eye-care business.
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If The Fed Is Wrong On Inflation It Will Drive The Economy Into A Ditch The Fed can do little to solve the supply chain problems that are pushing up inflation. If they fight the wrong battle, the Fed may end up slowing the economy too much and bringing the 10-year stock market rally to an en...
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Shifting Corporate Governance Standards: Staying Ahead Of The Curve These hot button topics will continue to shape the way board's function and evolve in 2022. Boards must prepare to evaluate and potentially reshape their approach as the boardroom continues to modernize.
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Netflix Reports After The Close On 1/20 -- Options Contracts Expire The Next Day According to NextEarningsDate.com, the NetflixNFLX next earnings date is projected to be 1/20 after the close, with earnings estimates of $0.82/share on $7.71 Billion of revenue.
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JPMorgan is poised to benefit from rate increases, but for now like other banks faces headwinds in areas such as credit cards and expenses
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Here's Why Big Bank Stocks Like JPMorgan Are Struggling Despite Solid Earnings The first major bank earnings show hints of rising expenses and "inflationary pressures."
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How a Flood of Money Swamped Cathie Wood's ARK

Wall Street Journal - 14 Jan 2022 18:00
The ARK Innovation ETF posted big returns, and big money followed. Now it's the latest example of what happens when a fund becomes too large for its own good.
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Markets Edge Lower As Retails Sales Slump 1.9% And Banks Report A Solid Quarter Markets Edge Lower As Retails Sales Slump 1.9% And Banks Report A Solid Quarter
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How Your Student Loans Can Qualify For $1.7 Billion Of Student Loan Forgiveness Do you qualify for student loan cancellation?
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Bond History Doesn't Apply Coming Off The Zero Bound One my strongest philosophical market convictions is that rate of change is much more important than magnitude.
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An Endemic Pandemic Can Also Make Airlines Symptomatic

Wall Street Journal - 14 Jan 2022 17:03
Delta Air Lines' latest outlook confirms that Omicron probably won't derail the travel recovery, but recurrent Covid-19 setbacks are still bad news for carriers.
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Billionaire Bankman-Fried's FTX Launches $2 Billion Crypto Fund Amid Venture's Massive Deal Boom The fund's lead investor said she's "particularly excited" about doling out checks for crypto-gaming companies.
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Wells Fargo's Quarterly Profit Soars 86%

Wall Street Journal - 14 Jan 2022 16:52
The bank's revenue rose 13%, beating expectations. It also released money it had set aside for pandemic loan losses.
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Citigroup's Quarterly Profit Falls 26%

Wall Street Journal - 14 Jan 2022 16:48
The bank has been shedding many international consumer operations in an attempt to simplify its business and boost profitability.
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JPMorgan's Quarterly Profit Drops 14%

Wall Street Journal - 14 Jan 2022 16:46
The nation's biggest bank earned a record $48.3 billion in 2021, compared with the pre-pandemic high of $36.4 billion in 2019. But trading, which helped power results, is coming off its frantic pace.
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Citigroup shares were under pressure Friday after the banking giant reported a steep profit drop for the fourth quarter.
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Carnival Stock Is Trending Higher Despite Covid Surge. Should You Buy? Carnival stock, the largest cruise line operator in the U.S., has fared quite well recently, rising by almost 22% over the last month, compared to the broader S&P 500 which has gained just 1% over the same period. The ra...
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Energy Crunch Hammers French Nuclear Giant EDF

Wall Street Journal - 14 Jan 2022 15:16
A decision by the French government to block the utility from fully passing on soaring energy prices to consumers has hit the company's shares.
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How to invest in silver with minimal hassle and diversify your portfolio Silver ETF is a commodity based ETF offered by mutual fund houses wherein 95% of the corpus is invested in silver or silver related derivative products
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