Finance

M&T Bank (MTB) Q1 Earnings Miss On Higher Costs; Revenues Up

Have you been eager to see how M&T Bank Corporation (MTB – Free Report) performed in Q1 in comparison with the market expectations? Let’s quickly scan through the key facts from this New York-based major bank’s earnings release this morning: An Earnings Miss M&T Bank came out with net operating earnings per share of $2.26, lagging the Zacks Consensus…

Cisco Systems Has Connections

Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success. This week my latest portfolio seeks a high-yield and growing stock…

The Frogs Of War

On Friday evening, when I found out about the Syrian missile strike, I didn’t quite know what to anticipate once the market re-opened Sunday afternoon. Some folks tweeted that it would be a sea of red. I wrote that I no longer trusted bad news. My cynicism was proved correct, as the new hostilities (and…

Ripple Not Bitcoin Will Be The Cryptocurrency Of The Future: DeVe

Ripple can be expected to “convert the remaining crypto cynics,” affirms the boss of one of the world’s largest independent financial services organizations. iq501 / Pixabay The prediction from Nigel Green, the founder and CEO of deVere Group, comes as Ripple (XRP) experienced a spike last week, adding another $62bn to its market value. The cryptocurrency…

Empire State Manufacturing Survey: Growth In April At Slower Pace

This morning we got the latest Empire State Manufacturing Survey. The diffusion index for General Business Conditions at 15.80 was a decrease of 6.7 from the previous month’s 22.50. The Investing.com forecast was for a reading of 18.80. The Empire State Manufacturing Index rates the relative level of general business conditions in New York state. A level above…

J.B. Hunt (JBHT) Misses On Q1 Earnings

J.B. Hunt Transportation Services, Inc. (JBHT – Free Report) reported first-quarter 2018 earnings per share of $1.07, missing the Zacks Consensus Estimate of $1.09. How Was the Estimate Revision Trend? Investors should note that the earnings estimate revisions for J.B. Hunt depicted a healthy picture prior to the earnings release. The stock had seen the Zacks Consensus Estimate…