Advertisement
Comerica Q2 Net Profit Declines, But Tops Estimates
(RTTNews) - Comerica, Inc. (CMA), a financial services company, reported Friday that net income attributable to common shares for the second quarter decreased to $200 million or $1.49 per share from $266 million or $2.01 per share in the prior-year quarter.
Excluding items, adjusted earnings for the latest quarter were $1.53 per share. On average, 22 analysts polled by Thomson Reuters expected the company to report earnings of $1.19 per share for the quarter. Analysts' estimates typically exclude special items.
Net interest income declined to $533 million from $621 million and total noninterest income decreased to $291 million from $303 million last year. Analysts' expected revenues of $813.47 million for the quarter.
read more
Moody's Cuts Signature Bank's Rating To Junk
Moody's Investors Service has downgraded the ratings of the collapsed Signature Bank to junk, and will withdraw its ratings for business reasons. The rating agency also put the following six banks under review before deciding on downgrading them - First Republic Bank, Zions Bancorp., Western Alliance Bancorp, Comerica Inc, UMB Financial Corp and Intrust Financial Corp.
RTTNews
|
941 일 전
Mining Stocks Drifting Lower; FTSE 100 Moves In Tight Range
U.K. stocks are subdued in lackluster trade on Friday with investors not showing any big interest in making significant moves. The benchmark FTSE 100 index is moving in a very narrow range.
RTTNews
|
29 분 전
French Stocks Turning In Mixed Performance; CAC 40 Flat
French stocks are turning in a mixed performance on Friday with investors largely making cautious moves amid political uncertainty, and a lack of significant news on the corporate and economic front.
RTTNews
|
1 시간 4 분 전
Sensex, Nifty End Higher After Gaza Peace Deal
Indian shares closed higher on Friday as the dollar rally paused in international markets and oil extended losses amid Middle East peace efforts.
RTTNews
|
1 시간 16 분 전
DAX Retreats After Positive Start, Down 0.4% At Noon
After climbing higher early on in the session, German stocks are down in negative territory around noon on Friday, weighed down by political tensions on France, and rising concerns about and AI bubble.
RTTNews
|
1 시간 23 분 전
European Shares Mixed As French President Macron Seeks New PM
European stocks were mixed on Friday, with deepening concerns about an AI bubble and renewed worries about the political situation in France keeping investors on edge.
RTTNews
|
2 시간 45 분 전
Asian Shares Decline Amid Profit Booking
Asian stocks fell broadly on Friday as investors booked some profits in the technology sector following warnings of stretched valuations.
RTTNews
|
3 시간 4 분 전
UK Job Placements Fall; Staff Availability Rises Sharply
UK permanent job placements declined at a softer pace and candidate supply increased sharply amid falling demand for staff in September, monthly data from S&P Global showed Friday. Permanent staff appointments dropped at the weakest pace in a year in September. That said, employers were hesitant to take on new workers due to weaker economic conditions and cost concerns, the KPMG/REC Report on Jo
RTTNews
|
4 시간 10 분 전
