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Delta soars as US travel growth pushes profits past Wall Street's highest forecast

13 days ago   |   By Business Insider

REUTERS/Lucas Jackson
Delta Air Lines posted fourth-quarter earnings on Tuesday that topped analysts' highest profit estimate.
The airline also beat expectations for quarterly revenue and posted a 2.4% gain for revenue per available seat mile.
Delta shares surged as much as 4.5% on the news.
The company's domestic revenue grew more than any other regional business, hinting its bet on increased US travel is paying off.
Watch Delta Air Lines trade live here .
Delta Air Lines reported fourth-quarter earnings on Tuesday morning that beat analysts' highest profit estimate, according to...
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Citi earnings beat estimates as fixed-income trading spikes 49%

Citi earnings beat estimates as fixed-income trading spikes 49%

13 days ago   |   By Business Insider

Tom Williams/Getty
Citigroup reported fourth-quarter earnings that bested Wall Street estimates for earnings and revenue on Tuesday morning.
The firm posted a 49% gain to fixed-income trading revenue, more than double the increase analysts anticipated, according to those surveyed by Bloomberg.
Citi stock traded as much as 1% higher following the report's release.
Watch Citigroup trade live here .
Citigroup reported fourth-quarter earnings that beat profit and revenue expectations on Tuesday morning.
The company posted a 49% gain to fixed-income trading revenue, more than double the...
Read more ...

 

JPMorgan's Q4 earnings smash Wall Street's targets - and the bank earned record revenue and net income in 2019

JPMorgan's Q4 earnings smash Wall Street's targets - and the bank earned record revenue and net income in 2019

13 days ago   |   By Business Insider

REUTERS/Dylan Martinez
JPMorgan Chase reported fourth-quarter earnings Tuesday that beat analysts' revenue and profit expectations, reflecting strong gains in its corporate and investment bank and asset and wealth management divisions.
The bank's shares climbed 1.9% in premarket trading.
View Business Insider's homepage for more stories .
JPMorgan Chase posted $2.57 in fourth-quarter earnings per share, outpacing the $2.36 figure that Wall Street analysts surveyed by Bloomberg were expecting. Corporate and investment bank revenues jumped 31%, and wealth and asset management revenue climbed...
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JPMorgan's 4Q earnings smash Wall Street's targets

JPMorgan's 4Q earnings smash Wall Street's targets

13 days ago   |   By Business Insider

Jeenah Moon/Reuters
JPMorgan Chase reported fourth-quarter earnings Tuesday that beat analysts' revenue and profit expectations, reflecting strong gains in its corporate and investment bank and asset and wealth management divisions.
The bank's shares climbed 1.9% in premarket trading.
View Business Insider's homepage for more stories .
JPMorgan Chase posted $2.57 in fourth-quarter earnings per share, outpacing the $2.36 figure that Wall Street analysts surveyed by Bloomberg were expecting as corporate and investment bank revenues jumped 31%, and wealth and asset management revenue climbed...
Read more ...

 


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Kanye West publicly mourned the loss of Kobe Bryant and his daughter at a...

Kanye West publicly mourned the loss of Kobe Bryant and his daughter at a midnight Sunday Service with Chance the Rapper

KMazur / Getty Images Kanye West paid tribute to the late NBA player Kobe Bryant and his daughter during a midnight Sunday Service in Burbank, California. Kobe and his... Read more ...

Nike calls Kobe Bryant a 'beloved' member of its family after his tragic...

Nike calls Kobe Bryant a 'beloved' member of its family after his tragic death in a helicopter crash

REUTERS/Hans Deryk Nike said Sunday that Kobe Bryant, who died in a helicopter crash on Sunday, was "one of the greatest athletes of his generation" and "a beloved member of... Read more ...

People are slamming sneakerheads who are jacking up the prices of Kobe...

People are slamming sneakerheads who are jacking up the prices of Kobe Bryant shoes in the wake of his sudden death, and it reveals a darker side of sneaker culture

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2021 Ford Bronco: Here's Some Spy Shots

2021 Ford Bronco: Here's Some Spy Shots

The New Bronco has been coming for seemingly as long as humans have been connected to each other through the internet. Ford really likes teasing this one out, as people are... Read more ...

New Yorkers honored Kobe Bryant by renaming a subway stop after the NBA legend

New Yorkers honored Kobe Bryant by renaming a subway stop after the NBA legend

A photo shared on social media shows that New Yorkers paid tribute to Kobe Bryant by modifying a subway station sign to honor the NBA icon after his death. The photo showed a... Read more ...

How to logout of WhatsApp by deleting the app or clearing your app data

How to logout of WhatsApp by deleting the app or clearing your app data

Getty Images / NurPhoto / Contributor You can't directly log out of WhatsApp on your iPhone or Android device, but you can delete the app or clear your data to essentially... Read more ...

An obscure biotech stock skyrockets 38% after saying it's testing a...

An obscure biotech stock skyrockets 38% after saying it's testing a coronavirus antibody

Associated Press Shares of Vir Biotechnology skyrocketed as much as 38% Monday as China's coronavirus spread. The gains are a continuation from a rally that started Thursday... Read more ...

11 notable celebrities who skipped this year's Grammys, and why

11 notable celebrities who skipped this year's Grammys, and why

Emma McIntyre/Getty Images, Chris Pizzello/Invision/AP, Kevin Mazur/Getty Images for TIDAL On Sunday, the 62nd Grammy Awards were held at the Staples Center in Los Angeles... Read more ...

Sold-out Amazon sellers warn shoppers about counterfeit face masks as demand...

Sold-out Amazon sellers warn shoppers about counterfeit face masks as demand soars amid coronavirus fears

Vendors on Amazon are selling out of face masks in response to rising demand for protection against the deadly coronavirus. As inventory wanes, sellers are warning shoppers... Read more ...

5 million people left Wuhan before China quarantined the city to contain the...

5 million people left Wuhan before China quarantined the city to contain the coronavirus outbreak

Getty Images About 5 million people left Wuhan, China, before the lockdown last week, the city's mayor said Sunday. As of Monday, 81 people have died from Wuhan coronavirus... Read more ...