UK's CMA Launches Merger Inquiry Into Amazon Partnership With Anthropic
Amazon's partnership with artificial intelligence company Anthropic is being investigated by the United Kingdom's competition and markets regulator. The Competition and Markets Authority (CMA) launched a merger inquiry after collecting comments in April and May on whether the partnership could result in a lessening of competition in the market, according to a Thursday (Aug.
Wall Street's Most Accurate Analysts Weigh In On 3 Financials Stocks With Over 5% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Goldman Sachs Loves 5 Very Surprising High-Yield Dividend Stocks in July
24/7 Insights High-yield dividend stocks could outperform over the next year.
Get Your Money Out of These 3 Financial Stocks by 2025
While it is true that many financial stocks have rebounded in the market this year thanks to high profitability levels and increased demand, some have not enjoyed this same turn of fortune. The financial industry remains one of the most profitable industries in the world.
These Analysts Revise Their Forecasts On Comerica After Q2 Results
Comerica Incorporated CMA posted better-than-expected quarterly results on Friday.
Comerica: Ongoing Deposit Pressure In Q2 Limits Upside
Comerica shares plunged over 10% after disappointing earnings, wiping out gains from the past year, as net interest income pressures persist. Struggles with noninterest-bearing deposit outflows are pressuring net income, making earnings growth more difficult. Loss of Direct Express debit card contract will lead to a $3.3 billion headwind in 2025, impacting earnings by at least $0.60.
Why Comerica Stock Is Down Big Today
Comerica beat earnings expectations, but net interest income continues to be under pressure. The bank lowered its forecast for interest income for the year.
Comerica (CMA) Q2 Earnings Beat on High Loan Demand, Stock Falls
A rise in loan balance, along with a strong capital position and nil provisions, supports Comerica's (CMA) Q2 earnings. Yet, lower NII and fee income are major headwinds.
Comerica cuts net interest income view and flags loss of a government contract
Comerica Inc.'s stock fell 12% on Friday after the bank cut its outlook on net interest income and said it doesn't expect to continue as financial agent for the U.S. Treasury Direct Express Prepaid Debit Card program.
Comerica Stock Tumbles as Bank Likely To Lose Exclusive Treasury Contract
Shares of Comerica (CMA) tumbled Friday despite second-quarter results beating estimates, as the regional bank said it has been informed by the U.S. Treasury that it likely won't be selected to continue exclusively providing the Direct Express card.
Compared to Estimates, Comerica (CMA) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for Comerica (CMA) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Comerica Incorporated (CMA) Tops Q2 Earnings and Revenue Estimates
Comerica Incorporated (CMA) came out with quarterly earnings of $1.53 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $2.01 per share a year ago.
