Jamie Dimon, CEO of JPMorgan Chase & Co. Giulia Marchi | Bloomberg | fake pictures JPMorgan Chase reported second quarter earnings. Here’s how JPMorgan did it: Earnings: $ 1.38 per share, compared to the estimate of $ 1.04 per share by analysts surveyed by Refinitiv. Revenue: $ 33 billion, compared …
Read More »Stock futures rise ahead of bank earnings
US stock futures moved higher in early trading and signaled gains at Tuesday’s open as investors watch earnings reports from some of the country’s largest banks. Dow futures rose 90 points. S&P 500 and Nasdaq 100 futures were up 0.3% and 0.4%, respectively. On Monday, the Dow Jones Industrial Average …
Read More »Facebook should be useful for targeting ads, not hate
NArP’s Derrick Johnson, in the midst of leading a corporate boycott against the largest social media company, told CNBC on Monday that Facebook should be a place to target ads but not hate. “It is a platform. It is a useful tool for targeting ads,” said the CEO of the …
Read More »Micron, Conagra, Apple, Xilinx brands and more
Take a look at some of the most important engines on the previous market: Conagra Brands (CAG): The food producer reported quarterly earnings of 75 cents a share, 9 cents a share above estimates. Revenue also exceeded consensus, and Conagra gave a forecast range of earnings for the current quarter …
Read More »Goldman and other banks keep dividend stable, Wells Fargo to cut after stress test
(LR) Michael Corbat, CEO, Citigroup Inc., Jamie Dimon, CEO, JPMorgan Chase & Co., James Gorman, CEO, Morgan Stanley, Brian Moynihan, CEO, Bank of America Corp., Ron O’Hanley , President and CEO of State Street Corp., Charles Scharf, CEO of Bank of New York Mellon Corp., and David Solomon, CEO of …
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