Tag Archives: reports

Small Business Lending from Big Banks and Institutional Lenders Surges, Biz2Credit Reports

Big banks and institutional lenders continue giving small businesses a reason to smile. According to the newly released Biz2Credit Small Business Lending Index report for November 2016, loan approval rates at both big banks and institutional lenders continued to rise, improving to new highs. What’s more, small banks also showed an increase in small business loan approval rates. The only drop in ... Read More »

Bank of America Reports Earnings Drop in Q1, Stock Dips

Bank of America has announced its first-quarter results and the outcome is not very positive. The multinational banking corporation has reported a 13 percent decline in first-quarter profit. On a positive note though loan growth and expense cuts have prompted investors to be hopeful about the future. “It wasn’t a great quarter, but it was a normal quarter,” Nancy Bush, ... Read More »

4 Stocks In Buy Range Ahead Of Earnings Reports: Investing Action Plan

Here’s your Investing Action Plan for Tuesday: what you need to know as an investor for the coming day. Fan favorites like Apple (AAPL) and Facebook (FB) give current stockholders reason to cheer but are well above buying range. Even Apple bull Warren Buffett wouldn’t buy its shares again now and is skittish about Amazon.com (AMZN), despite admitting that he ... Read More »

Takata shares rise on US airbag settlement reports

Shares of Japanese airbag manufacturer Takata have risen on reports it will settle a lawsuit with US regulators. The firm is expected to pay up to $1bn (£822m) and plead guilty to criminal wrongdoing over faulty airbags, which have been linked to at least a dozen deaths and more than 100 injuries. Most major carmakers have been affected by the ... Read More »

Rosneft reports plunge in profits

Russia’s biggest oil company, Rosneft, has reported a 77% fall in third-quarter profits as a result of lower oil prices. Net income for the period was 26bn roubles ($400.7m; £318m), which was much lower than expected. UK oil giant BP owns 20% of Rosneft. Earlier this week, the Russian government, which owns around three-quarters of Rosneft, said it would sell ... Read More »

Disney reports rare earnings miss, shares sink

Walt Disney Co, an investor favorite for consistently beating Wall Street earnings targets, reported a rare miss on Tuesday as advertising and subscriptions declined at sports channel ESPN and theme park revenue came in weaker than expected. The home of Mickey Mouse got a boost from animated hit film “Zootopia” but it announced an exit from the console video game ... Read More »