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Tag Archives: earnings

Dow Jones ‘industrial average is rising, according to Goldman Sachs’ earnings, Moderna Vaccine News

Text size It’s good to be the Dow. The stock market continues to recover on Wednesday, but some indices are recovering more than others. S&P 500 futures rose 1.4%, while Dow Jones Industrial Average futures rose 566 points, or 2.1%, and Nasdaq Composite rose only 0.5%. The market has received a boost with Moderna’s announcement (MRNA) that it will conduct …

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JPMorgan Chase (JPM) Q2 2020 earnings

Jamie Dimon, CEO of JPMorgan Chase & Co. Giulia Marchi | Bloomberg | Getty Images JPMorgan Chase reported second quarter earnings. Here’s how JPMorgan did it: Earnings: $ 1.38 per share, although it is not immediately clear how this compares to the estimate of $ 1.04 per share by Refinitiv analysts. Revenue: $ 33 billion, compared to an estimate of …

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The big banks’ earnings are coming: “It’s getting really ugly.”

JPMorgan Chase (JPM), Bank of America and Citigroup (C.) everyone is expected to reveal her Second quarter profits plummeted 50% or more. Wells Fargo (WFC) will likely cut and announce its coveted dividend the first quarterly loss of the scandal-stricken bank since the financial crisis. “2020 was a disaster,” said Jim Shanahan, who covers Edward Jones’ banks. “It wasn’t the …

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Stock futures rise to start a week before the earnings season

Thomas B. Michaud, President and CEO of Keefe, Bruyette & Woods, explains upcoming quarterly results and why investors should focus on what happens to expected losses and deferred loans in their portfolios. US stock futures point to a higher opening as Wall Street prepares for the start of the earnings season and results are expected from the big banks. The …

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Get ready for a terrible earnings season

Get ready: FactSet estimates that analysts predict profits for the S&P 500 have dropped nearly 45%. This would be the largest drop since a 69% dip in the depths of the Great Recession in the fourth quarter of 2008. Revenues are expected to have dropped more than 10%. Retailers, energy companies, and industrials are likely to report the largest drops …

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Oracle (ORCL) earnings Q4 2020

Safra Catz, CEO of Oracle, delivers a keynote address during Oracle OpenWorld 2019 on September 17, 2019 in San Francisco, California. Oracle’s CEO, Safra Catz, started the second day of Oracle OpenWorld 2019 with a keynote speech. The annual meeting runs until September 19. Justin Sullivan | Getty Images Oracle shares fell up to 5% on Tuesday in expanded trading …

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