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Fly News Breaks for December 5, 2016
WFC, JPM, COF, USB, BAC
Dec 5, 2016 | 08:57 EDT
Baird is telling investors to book banking stock gains at current levels as the shares are already discounting significant fundamental improvement in 2017 and 2018. The firm has raised estimates on its banking coverage to reflect benefits from rate increases and sees slight upside if corporate tax rates are lowered, but they remain skeptical the economy can absorb significant Fed tightening without slowing.
News For BAC;USB;COF;JPM;WFC From the Last 2 Days
COF
Apr 25, 2024 | 16:49 EDT
COF
Apr 25, 2024 | 16:05 EDT
Reports Q1 revenue $9.4B, consensus $9.34B.
