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Wells Fargo Earnings Preview: Double-Digit EPS Growth Expected
Monday, January 16, 2012 - 7:32am
Wells Fargo (NYSE: WFC) is scheduled to report fourth-quarter and full-year 2011 results tomorrow morning, January 17. Of the slew of big banks reporting earnings this week, prospects for Wells Fargo seem pretty strong, as far as analysts are concerned. Investors will be hoping that the news is...
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Citigroup Earnings Preview: Falling Expectations for EPS
Monday, January 16, 2012 - 7:27am
Citigroup (NYSE: C) is scheduled to report fourth-quarter 2011 results tomorrow, January 17, before the markets open. Investors may be less optimistic about the lender's results after competitor JP Morgan Chase (NYSE: JPM) offered disappointing results on Friday. And Wells Fargo (NYSE: WFC)...
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Microsoft and Blackberry to be the Next Google and Motorola
Tuesday, August 16, 2011 - 4:08pm
First Motorola, Next BlackBerry. With Google's (NASDAQ: GOOG) recent acquisition of Motorola Mobility (NYSE: MMI) for $12.5 billion, is Research In Motion (NASDAQ: RIMM) next up for auction? Mid-February, Research In Motion was trading just under $70 a share. Tuesday, the stock is down to $27 per...
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Thursday, May 12, 2011 - 11:16am
Canadian Banks Pull Back from 52-Week Highs (BMO, BNS, CM, RY, TD)
Canada's big five banks—Bank of Montreal (NYSE: BMO), Bank of Nova Scotia (NYSE: BNS), Canadian Imperial Bank of Commerce (NYSE: CM), Royal Bank of Canada (NYSE: RY) and Toronto-Dominion Bank (NYSE: TD)—have all pulled back somewhat from recent 52-week highs. This could be seen as a buying...
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Credit Suisse Decreases Price Target on Royal Bank of Canada (RY)
Monday, December 6, 2010 - 10:53amCredit Suisse decreases its price target on Royal Bank of Canada (NYSE: RY) from C$56 to C$52. In a note to clients, Credit Suisse reports, "A weak quarter and a cloudy near-term outlook. RY missed expectations mainly due to a 13% QoQ increase in non interest expenses. We were disappointed by the...
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