PNC Financial earnings beat by $0.47, revenue topped estimates
Investing.com – PNC Financial (NYSE: PNC) reported fourth quarter EPS of $3.77, $0.47 better than the analyst estimate of $3.30. Revenue for the quarter came in at $5.57B versus the consensus estimate of $5.48B. PNC Financial’s stock price closed at $200.44.
UnitedHealth’s quarterly revenue misses on weakness in insurance unit
(Reuters) – UnitedHealth Group (NYSE:UNH) reported fourth-quarter revenue below Wall Street estimates on Thursday, hurt by weakness in its health insurance unit, sending the healthcare conglomerate’s shares down about 3% in premarket trading. The company’s results come a month after Brian
Trump upended trade once, aims to do so again with new tariffs
By David Lawder WASHINGTON (Reuters) – Donald Trump came to Washington eight years ago vowing to rewrite U.S. trade relationships, shrink a massive goods trade deficit and rebuild America’s industrial base with new tariffs. The president-elect is about to embark on an
Republicans in Congress warn rising US bond yields could hit Trump’s tax cut plans
By David Morgan WASHINGTON (Reuters) – Just days before Donald Trump returns to power, some of his Republican allies in the U.S. Congress are warning that the president-elect’s aggressive tax-cut agenda could fall victim to signs of worry in the bond
Fed not anticipated to cut rates before June after easing inflation data, UBS says
Investing.com – The Federal Reserve is not anticipated to slash interest rates again before June following a softer-than-anticipated core inflation reading earlier this week, according to analysts at UBS. Headline consumer prices increased by 0.4% last month, accelerating slightly from 0.3% in