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Wells Fargo posts higher profit on cost controls, rise in loans

1 min ago DieselGasoil Comments Off on Wells Fargo posts higher profit on cost controls, rise in loans
(Reuters) – Wells Fargo & Co (WFC.N) reported higher quarterly profit on Tuesday despite flat revenue as the bank benefited from aggressive cost-cutting. FILE PHOTO: A Wells Fargo ATM machine is shown in Los Angeles, California, U.S. October 19, 2018. REUTERS/Mike Blake/File Photo Revenue declined at Wells’ community bank and wholesale bank as net interest Read More

New EPA ruling expands sale of 15% ethanol blended motor gasoline

1 hour ago DieselGasoil Comments Off on New EPA ruling expands sale of 15% ethanol blended motor gasoline
July 16, 2019 Source: U.S. Energy Information Administration, based on data from Growth Energy On May 31, 2019, the U.S. Environmental Protection Agency (EPA) issued a final rule allowing the year-round sale of motor gasoline blends containing up to 15% fuel ethanol, or E15. The ruling increases the availability of E15 blends in the United Read More

Wells Fargo profit beats estimates on cost controls, rise in loans

1 hour ago DieselGasoil Comments Off on Wells Fargo profit beats estimates on cost controls, rise in loans
FILE PHOTO: A Wells Fargo ATM machine is shown in Los Angeles, California, U.S. October 19, 2018. REUTERS/Mike Blake/File Photo (Reuters) – Wells Fargo & Co (WFC.N) beat analysts’ estimates for quarterly profit on Tuesday, as the fourth-largest U.S. bank benefited from an uptick in lending and aggressive cost cutting. The San Francisco-based lender has Read More

JPMorgan profit beats estimates on strength in consumer banking

2 hours ago DieselGasoil Comments Off on JPMorgan profit beats estimates on strength in consumer banking
(Reuters) – JPMorgan Chase & Co (JPM.N) reported a better-than-expected quarterly profit on Tuesday as higher interest income and a modest increase in loans more than made up for lower activity at the bank’s trading desks. A sign of JP Morgan Chase Bank is seen in front of their headquarters tower in Manhattan, New York, Read More

Domino’s Pizza U.S. same-store sales miss estimates, shares fall 6%

2 hours ago DieselGasoil Comments Off on Domino’s Pizza U.S. same-store sales miss estimates, shares fall 6%
A Domino’s Pizza restaurant is seen in Los Angeles, California, U.S. July 18, 2018. REUTERS/Lucy Nicholson (Reuters) – Domino’s Pizza Inc (DPZ.N) on Tuesday reported second-quarter same-store sales at its U.S. outlets that grew slower than expected as it faced fierce competition from rival pizza chains and third-party delivery companies, sending its shares down about Read More

Goldman Sachs profit hit by weakness in trading, underwriting

2 hours ago DieselGasoil Comments Off on Goldman Sachs profit hit by weakness in trading, underwriting
FILE PHOTO: The ticker symbol and logo for Goldman Sachs is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., December 18, 2018. REUTERS/Brendan McDermid/File Photo (Reuters) – Goldman Sachs Group Inc (GS.N) reported a 6% fall in quarterly profit on Tuesday as the Wall Street Read More

High and dry: Alpine resorts grapple with climate change

7 hours ago DieselGasoil Comments Off on High and dry: Alpine resorts grapple with climate change
AROSA, Switzerland (Reuters) – The prospect of searing heatwaves driving holidaymakers to cool mountains and children asking grandparents about their memories of snow is focusing minds in Alpine ski resorts on the implications of climate change. Parts of the Gurschengletscher glacier are covered with tarps in Andermatt, Switzerland July 5, 2019. REUTERS/Arnd Wiegmann With global Read More

Experian’s quarterly revenue rises 4% on North America boost

7 hours ago DieselGasoil Comments Off on Experian’s quarterly revenue rises 4% on North America boost
FILE PHOTO: The corporate logo of information services company Experian is seen at the opening of its data lab in San Diego, California April 12, 2016. REUTERS/Mike Blake/File Photo (Reuters) – Experian, the world’s biggest credit data company, reported a 4% rise in revenue on Tuesday, benefiting from higher business across automotive, health, business credit Read More

Amazon rivals ride on Prime Day marketing as protests unfold

19 hours ago DieselGasoil Comments Off on Amazon rivals ride on Prime Day marketing as protests unfold
NEW YORK (Reuters) – Amazon.com Inc’s Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other U.S. retail companies, rivaling the Thanksgiving holiday’s Black Friday as a driver of sales. FILE PHOTO: The logo of Amazon is seen on the door of an Amazon Books retail store in Read More

Citigroup profit beats estimates on gains in consumer lending

23 hours ago DieselGasoil Comments Off on Citigroup profit beats estimates on gains in consumer lending
(Reuters) – Citigroup Inc (C.N) beat analysts’ estimates for quarterly profit on Monday, as a tight lid on costs and strength in consumer lending helped the third-largest U.S. bank counter weakness in its trading business. A view of the exterior of the Citibank corporate headquarters in New York, New York, U.S. May 20, 2015. REUTERS/Mike Read More