Wall Street sees the Fed increasing rates this year, but by less than they previously thought and with a later start.» Read More
ST PETERSBURG, Fla. _ Raymond James Financial Inc. on Wednesday reported fiscal third-quarter profit of $133.2 million. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 91 cents per share. Raymond James shares have climbed 6 percent since the beginning of the year.
They came from companies as large as Occidental Petroleum, which pumped nearly 200,000 bpd or over 2 percent of U.S. crude in the first quarter, and as small as Carrizo Oil& Gas Inc., which produced about a tenth as much. Bellwether shale firms including EOG Resources and Whiting Petroleum Corp maintained production forecasts from earlier this year, sticking to...
NEW YORK, April 22- Brokerage and financial services firm Raymond James Financial Inc said on Wednesday its fiscal second-quarter total revenues and profit rose over last year, although profit fell from last quarter on seasonal expenses. The St. Petersburg, Florida- based company reported net income of $113.5 million, or $0.77 per diluted share, for the quarter...
Raymond James energy analyst Darren Horowitz said on Thursday that a lot of factors point to more oil price drops yet to come.
Russia is trouble thanks to low oil prices, Jeff Saut, chief investment strategist at Raymond James, told CNBC.
Late on Friday, the European Union agreed to a four-month extension for Greece, and a late rally pushed the S&P 500 above technical resistance level of 2,100 after several failed attempts earlier in the week. "The market has done quite well this week holding things together," said Frank Cappelleri, technical market analyst and trader at Instinet LLC in New York.
Hearsay is introducing a set of tools focused on financial services to help advisors keep their jobs in the face of robo-advisors.
The largest company in the world could grow even bigger with increased mobile-phone market share.
Jim Cramer thinks that the market decline that occurred on Tuesday actually made a lot of sense. What the heck? Here's why.
Economic troubles at the only remaining rival bidder for the 2022 Olympics have left an open path for Beijing to host again.
If Europe's example counts for anything, the United States has a lot of room to run with solar energy.
Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.
After snaring more venture capital, FutureAdvisor CEO Bo Lu talks about why online investment advisors are the future of mass-affluent investing.
David Henwood, chief investment officer at Raymond James, tells CNBC how his team of analysts come up with market-beating stock picks each year.
Earnings reports from Boeing and dozens of other major companies could set the course for stocks Wednesday, as the Dow reaches for new highs.
U.S. stock index futures pointed to about a 100-point loss at the open for the Dow Monday, as a third week begins with no debt ceiling deal and the government shutdown entering Day 14.
The government said Friday that nonfarm payrolls grew less-than-expected at 169,000 last month with the unemployment rate dipping to 7.3 percent.
Arvind Bhatia, Sterne Agee, and Aaron Kessler, Raymond James, have a bull vs. bear debate on Groupon.
Check out which companies are making headlines after the bell Wednesday:
Discussing the flows out of fixed income and into equities and how Raymond James is positioned now, with the company's CEO, Paul Reilly.