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NickOniiChan
2021-01-08
$Bionano Genomics(BNGO)$
should i buy in now?
NickOniiChan
2021-01-05
Epic this is epic
NickOniiChan
2021-01-12
Epic
U.S. bank quarterly profits expected to fall again from pre-COVID levels
NickOniiChan
2021-01-06
$Jaguar Animal Health(JAGX)$
time to buy buy!
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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1610363893,"share":"https://www.laohu8.com/m/news/1170503002?lang=&edition=full","pubTime":"2021-01-11 19:18","market":"us","language":"en","title":"U.S. bank quarterly profits expected to fall again from pre-COVID levels","url":"https://stock-news.laohu8.com/highlight/detail?id=1170503002","media":"Reuters","summary":"NEW YORK (Reuters) - When the biggest U.S. banks begin reporting fourth-quarter results on Friday so","content":"<p>NEW YORK (Reuters) - When the biggest U.S. banks begin reporting fourth-quarter results on Friday some of the headlines could show profits plunged by as much as 40% from a year earlier, before the pandemic struck.</p>\n<p>But investors will be focused on digging out clues to the earnings rebound expected in 2021.</p>\n<p>“You can look at Q4 as somewhat of a transition quarter as you put some of the challenges from 2020 in the rear-view mirror and look ahead to an improved 2021,” said Barclays analyst Jason Goldberg.</p>\n<p>The pandemic caused interest rates to plunge and produced a record decline in the margin between what lenders charge for loans and what they pay for money, said Goldberg.</p>\n<p>The pandemic also pushed big U.S. banks to set aside more than $65 billion for expected loan losses.</p>\n<p>From those low points, banks could see profits more than double in first and second quarters of 2021, according to Refinitiv’s IBES estimates.</p>\n<p>Bank stocks have risen 35% since early November. Since then, effective COVID-19 vaccines started being distributed, Democrats took power in Washington, promising more economic stimulus, and the Federal Reserve said it would allow banks to repurchase stock again, which will increase earnings per share.</p>\n<p>Analysts have been ratcheting up 2021 estimates, but as of Friday, they showed Citigroup Inc reporting a 42% fourth-quarter profit decline and Wells Fargo & Co posting a 39% drop. Estimates for JPMorgan Chase & Co suggest a more moderate 5% fall.</p>\n<p>Those three banks report on Friday.</p>\n<p>The following week, Bank of America Corp is expected to report a 33% quarterly profit decline.</p>\n<p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> is expected to be up 1% and Goldman Sachs Group Inc is expected to show a 43% increase on the strength of share of the booming capital markets businesses.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. bank quarterly profits expected to fall again from pre-COVID levels</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. bank quarterly profits expected to fall again from pre-COVID levels\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-01-11 19:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK (Reuters) - When the biggest U.S. banks begin reporting fourth-quarter results on Friday some of the headlines could show profits plunged by as much as 40% from a year earlier, before the pandemic struck.</p>\n<p>But investors will be focused on digging out clues to the earnings rebound expected in 2021.</p>\n<p>“You can look at Q4 as somewhat of a transition quarter as you put some of the challenges from 2020 in the rear-view mirror and look ahead to an improved 2021,” said Barclays analyst Jason Goldberg.</p>\n<p>The pandemic caused interest rates to plunge and produced a record decline in the margin between what lenders charge for loans and what they pay for money, said Goldberg.</p>\n<p>The pandemic also pushed big U.S. banks to set aside more than $65 billion for expected loan losses.</p>\n<p>From those low points, banks could see profits more than double in first and second quarters of 2021, according to Refinitiv’s IBES estimates.</p>\n<p>Bank stocks have risen 35% since early November. Since then, effective COVID-19 vaccines started being distributed, Democrats took power in Washington, promising more economic stimulus, and the Federal Reserve said it would allow banks to repurchase stock again, which will increase earnings per share.</p>\n<p>Analysts have been ratcheting up 2021 estimates, but as of Friday, they showed Citigroup Inc reporting a 42% fourth-quarter profit decline and Wells Fargo & Co posting a 39% drop. Estimates for JPMorgan Chase & Co suggest a more moderate 5% fall.</p>\n<p>Those three banks report on Friday.</p>\n<p>The following week, Bank of America Corp is expected to report a 33% quarterly profit decline.</p>\n<p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> is expected to be up 1% and Goldman Sachs Group Inc is expected to show a 43% increase on the strength of share of the booming capital markets businesses.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170503002","content_text":"NEW YORK (Reuters) - When the biggest U.S. banks begin reporting fourth-quarter results on Friday some of the headlines could show profits plunged by as much as 40% from a year earlier, before the pandemic struck.\nBut investors will be focused on digging out clues to the earnings rebound expected in 2021.\n“You can look at Q4 as somewhat of a transition quarter as you put some of the challenges from 2020 in the rear-view mirror and look ahead to an improved 2021,” said Barclays analyst Jason Goldberg.\nThe pandemic caused interest rates to plunge and produced a record decline in the margin between what lenders charge for loans and what they pay for money, said Goldberg.\nThe pandemic also pushed big U.S. banks to set aside more than $65 billion for expected loan losses.\nFrom those low points, banks could see profits more than double in first and second quarters of 2021, according to Refinitiv’s IBES estimates.\nBank stocks have risen 35% since early November. Since then, effective COVID-19 vaccines started being distributed, Democrats took power in Washington, promising more economic stimulus, and the Federal Reserve said it would allow banks to repurchase stock again, which will increase earnings per share.\nAnalysts have been ratcheting up 2021 estimates, but as of Friday, they showed Citigroup Inc reporting a 42% fourth-quarter profit decline and Wells Fargo & Co posting a 39% drop. Estimates for JPMorgan Chase & Co suggest a more moderate 5% fall.\nThose three banks report on Friday.\nThe following week, Bank of America Corp is expected to report a 33% quarterly profit decline.\nMorgan Stanley is expected to be up 1% and Goldman Sachs Group Inc is expected to show a 43% increase on the strength of share of the booming capital markets businesses.","news_type":1},"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":338495223,"gmtCreate":1609944661762,"gmtModify":1703741540055,"author":{"id":"3572759921444673","authorId":"3572759921444673","name":"NickOniiChan","avatar":"https://static.tigerbbs.com/8555e77674d062a6c2a9d03a8869c57b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572759921444673","authorIdStr":"3572759921444673"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/JAGX\">$Jaguar Animal Health(JAGX)$</a>time to buy buy!","listText":"<a href=\"https://laohu8.com/S/JAGX\">$Jaguar Animal Health(JAGX)$</a>time to buy buy!","text":"$Jaguar Animal Health(JAGX)$time to buy buy!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/338495223","isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}