Wells Fargo kicks off our bank earnings Friday. Rate cuts and dealmaking will be in focus this season

Wells Fargo kicks off our bank earnings Friday. Rate cuts and dealmaking will be in focus this season

What a difference a year makes. Club holding Wells Fargo will post quarterly results on Friday, followed by our other financial holding, Morgan Stanley, on Tuesday. The industry’s first-quarter results will come against a more pleasant backdrop than last year, when the March 2023 collapse of Silicon Valley Bank sent shockwaves throughout the sector. The … Read more

Amer Sports (AS) earnings Q4 2023

Amer Sports (AS) earnings Q4 2023

Shares of Amer Sports, the maker of Wilson tennis rackets and Lousiville Slugger baseball bats, fell about 9% Tuesday after the company reported strong sales in China but a slowdown in wholesale orders. Here’s how the newly public athletic company did in its fourth fiscal quarter. CNBC didn’t compare the results to Wall Street estimates … Read more