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0.000480445853752255 0.000286345728836307 0.000864802536754141 -0.00028826751225138 -0.000480445853752255 -0.000480445853752255 -0.000480445853752255 -0.000480445853752255
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Bank earnings are coming, and they're going to be huge [CNBC]

BANK of NEW YORK MELLON (BK)  More Company Research Source: CNBC
Last bank of new york mellon earnings: 7/19 06:30 am Check Earnings Report
PDF show chapters Tax cuts, rising interest rates and a general spirit of more robust economic growth are the principal ingredients in what is expected to be an especially powerful profits formula for the banking industry. As Wall Street's financial giants get set to report first-quarter earnings and provide a look ahead for the days to come, hopes are high. Corporate profits overall are expected to have risen 17 percent for the three-month period, but the financial sector has drawn especially keen interest. In just the past three months, analysts have more than doubled their expectations for the financial sector as a whole, with banks leading the way. Bank earnings are really going to help provide stability to the market, said JJ Kinahan, chief market strategist at TD Ameritrade. If [JP Morgan Chase CEO Jamie] Dimon comes out and says we're not having a problem with tariffs, that's going to be major. ... If CEOs say they see smooth sailing ahead [Read more]

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