Multinationaltrust banks will probably broadly deliver on Wall Street estimates. However, we expect the quality of earnings to be poor as securities gains and other unusual items will commonly be used to offset weak trading results.
More Quotes from Judah Kraushaar:
To explain the initial positive stock price reaction, we point out that investors seem to be taking their cue from the prospects for lower interest rates and from the realization that Goldman Sachs was able to avoid a big reported EPS disappointment evenJudah Kraushaar
This is very consistent with Citigroup's strategy to build and internationalize its key businesses and also to focus on businesses it thinks it can grow at a very rapid pace. Over the past 10 years, Associates First has had 23 percent compound growth in pre-tax earnings and a high growth operation ... which is consistent with Citibank's focus on acquiring high-growth targets.
Judah Kraushaar
We would not be surprised to see 4-5 billion in proceeds from this transaction, which may be used for buybacks or, more likely, to support acquisitions of better growthhigher margin businesses.
Judah Kraushaar
They will probably get rid of low-level jobs in high-cost cities, such as London, New York and Hong Kong.
Judah Kraushaar
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Based on Topics: Quality QuotesI see only adaptations - not revolutions.
Gordon Getty
The older I get, the more I believe in what I can't explain or understand, even more than the things that are explainable and understandable.
Lillian Gish
Freedom makes a huge requirement of every human being. With freedom comes responsibility. For the person who is unwilling to grow up, the person who does not want to carry is own weight, this is a frightening prospect.
Eleanor Roosevelt