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Tag Archives: factset

Citi’s Q1 profit falls 32 percent on lower loans

NEW YORK — Citigroup’s first-quarter income fell 32 percent on lower revenue from investment banking and a decline in consumer loans. The bank was able to set aside fewer reserves for losses as more borrowers were able to keep up ...

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Bank of America misses estimates as income falls 39 percent

NEW YORK — Bank of America Corp.’s first-quarter income fell 39 percent on higher costs related to its mortgage business and higher litigation expenses. The bank also settled a claim over faulty mortgage investments and set aside less money to ...

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JoS. A. Bank 4Q net income rises, revenue improves

HAMPSTEAD — JoS. A. Bank Clothiers Inc.’s fiscal fourth-quarter net income climbed 15 percent, helped by improving revenue. The men’s clothing company reported Wednesday that it earned $40.9 million, or $1.47 per share, compared with $35.5 million, or $1.28 per ...

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Consumer Confidence Index falls for 1st time in 5 months

Rising prices at the gas pump and in grocery aisles are starting to crimp shoppers’ outlook. The Conference Board’s Consumer Confidence Index fell sharply from a three-year high in February, reversing five straight months of improvement. The decline raises questions ...

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Toll Brothers posts surprise 1st-quarter profit

HORSHAM, Pa. — Toll Brothers Inc. posted a surprise profit for its fiscal first quarter, helped by a larger tax benefit and a higher average price for its homes. The nation’s largest builder of luxury homes — and one of ...

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