captioning sponsored by wpbt susie: good evening, everyone. a tale of two banks today citigroup s quarterly profits tumbled, but wells fargo posted a record fourth quarter. tom, this is a key week for earnings with lots of reports from financials. tom: susie, between today s results and j.p. morgan s disappointing numbers friday, this is a shaky start to earnings season for banks. looking at citi, the banking giant earned 38 cents a share, an 11% drop from a year ago and way below what analysts were expecting. revenues fell to $17 billion. even though citi made more loans, its investment banking business did not do well. but at wells fargo, profits jumped to 73 cents a share, a penny better than estimates, even though revenues slipped, but were still higher than wall street expectations. susie: wells fargo shares rose today, but most other bank stocks were down. still, the major averages managed to end higher. the dow gained 60 points, the nasdaq added 17, and the s&p
Miami
Florida
United-states
New-york
Canada
Japan
Texas
China
Wayne-state-university
Michigan
California
Syria
captioning sponsored by wpbt susie: good evening, everyone. a tale of two banks today citigroup s quarterly profits tumbled, but wells fargo posted a record fourth quarter. tom, this is a key week for earnings with lots of reports from financials. tom: susie, between today s results and j.p. morgan s disappointing numbers friday, this is a shaky start to earnings season for banks. looking at citi, the banking giant earned 38 cents a share, an 11% drop from a year ago and way below what analysts were expecting. revenues fell to $17 billion. even though citi made more loans, its investment banking business did not do well. but at wells fargo, profits jumped to 73 cents a share, a penny better than estimates, even though revenues slipped, but were still higher than wall street expectations. susie: wells fargo shares rose today, but most other bank stocks were down. still, the major averages managed to end higher. the dow gained 60 points, the nasdaq added 17, and the s&p
Miami
Florida
United-states
New-york
Canada
Japan
Texas
China
Wayne-state-university
Michigan
California
Syria
captioning sponsored by wpbt susie: good evening, everyone. a tale of two banks today citigroup s quarterly profits tumbled, but wells fargo posted a record fourth quarter. tom, this is a key week for earnings with lots of reports from financials. tom: susie, between today s results and j.p. morgan s disappointing numbers friday, this is a shaky start to earnings season for banks. looking at citi, the banking giant earned 38 cents a share, an 11% drop from a year ago and way below what analysts were expecting. revenues fell to $17 billion. even though citi made more loans, its investment banking business did not do well. but at wells fargo, profits jumped to 73 cents a share, a penny better than estimates, even though revenues slipped, but were still higher than wall street expectations. susie: wells fargo shares rose today, but most other bank stocks were down. still, the major averages managed to end higher. the dow gained 60 points, the nasdaq added 17, and the s&p
Miami
Florida
United-states
New-york
Canada
Japan
Texas
China
Wayne-state-university
Michigan
California
Syria
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