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Tag Archives: Q1

Bank of America q1 profit 2018

Christopher Goodney | Bloomberg | Getty Images Brian Moynihan, Bank of America Bank of America reported better-than-expected results for the first quarter of the year, driven by strong credit growth and lower taxes.

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Growth of Bank of America in Q1 stronger than expected

Bank of America (BAC) reported unexpectedly good results for the first quarter on Monday X estimates : earnings per share jump 44% to 59 cents, continuing revenue of $ 22.907 billion , plus 3%. Results : EPS rose 51% to 62 cents per share. Adjusted sales increased nearly 4% to $ 23.1 billion. Core lending grew 5% in the first …

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Sales growth accelerates in Q1 – The Motley Fool

Delta Air Lines (NYSE: DAL) delivered the best year-over-year increase in unit sales in the fourth quarter of 2017, with revenue per available seat mile (RASM) rising 4.4%. On Thursday, the carrier confirmed that its revenue growth accelerated in the early months of 2018 and will remain strong in the second quarter. Delta's sales momentum comes at a critical time …

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Blackrock Score Q1 2018

The company announced that profits in the first quarter rose 28 percent over the previous year, "partly due to the [a] lower tax rate". BlackRock's effective tax rate for the quarter was 19.6 percent compared to 23.8 percent for the first quarter of 2017. BlackRock also said its operating margin increased from 37 percent in the previous year to 38.4 …

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Samsung Electronics is tapping Q1 earnings as the chip boom wears off

Samsung Electronics Co Ltd announced a surprise first-quarter record gain on Friday, but the market reaction was fueled by growing concern that the semiconductor boom that fueled the profits of the South Korean technology giant is coming to an end. Samsung shares fell after announcing analysts forecast similar or lower profits in the second quarter, due to slower growth in …

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Tesla Q1 Model 3 Production: Machine Needs Retooling, Refueling

After all, we know how many machines actually built "the machine that makes the machine". This is how CEO Elon Musk characterizes the production line for the Model 3 from Tesla Inc. His ultra-automation has not been a technological leap so far. The much anticipated Tuesday morning update confirmed that the various leaks, Management Shuffle, and Bloomberg's own tracker model …

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