Tag : Stocks

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Did you do a double take on today’s headline – “Sell the Rumor, Buy the News”? Yes, it is the inverse of the standard investor wisdom to buy the rumor, and sell the news. But in this case, with the growing concern of Russia invading the Ukraine investors are pressing the sell button once again. ..

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Fidelity National Information Services FIS is scheduled to release fourth-quarter and 2021 earnings on Feb 15, before the opening bell. FIS’s revenues and earnings are anticipated to indicate growth from the year-ago reported figure. – Zacks In the last reported quarter, Fidelity’s earnings surpassed the Zacks Consensus Estimate. Notable increases in margin and organic revenue ..

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Itau Unibanco Holding S.A. ITUB posted recurring earnings of R$7.16 billion ($1.28 billion) for fourth-quarter 2021, up 32.9% year over year. Including non-recurring items, net income came in at R$6.23 billion ($1.12 billion), down 17.9%. – Zacks Results benefited from higher revenues and a rise in the credit portfolio. However, increased non-interest expenses, cost of ..

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