– The medical-device and drug maker reported adjusted quarterly earnings of $2.20 per share, beating the consensus estimate of $1.98, with revenue also coming in above consensus. Johnson & Johnson said a faster-than-expected recovery in procedures using its medical devices was among the positive factors during the quarter, in addition to higher demand for its cancer drugs.
m. ET. – The bank reported a third-quarter profit of $2.92 per share, compared to a consensus estimate of $2.23, with revenue also above forecasts. JPMorgan Chase also set aside $611 million for possible credit losses during the quarter, less than what Wall Street analysts had predicted. JPMorgan shares added 1.6% in premarket trading as of 7:30 a.m. ET. – Disney announced a reorganization that will prioritize the delivery of streaming video content.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
ZekeEmanuel is a Communist trying to turn the US into a socialist society. PS he's also a billionaire. 🤔 DontTellChina He was the Chief of the ACA. DemocratsAreCommunist
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves premarket: Twilio, Apple, AstraZeneca, Levi StraussStocks making the biggest moves premarket: Apple, AstraZeneca, Levi Strauss, Twilio
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Dillard's, Twilio, Ford Motor, Apple & moreOne of Warren Buffett's top lieutenants buys into Dillard's. Twitter gets a boost from an analyst upgrade. Paper currency and sheeple drama Chipotle and Five Below are up. That’s the market we have, where 75% less earnings mean higher stock prices. Let it all burn to the ground, the heck with my 401k. Stock market is besides itself because of the looming Biden landslide victory.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves after hours: Disney, Twilio, Ethan Allen and moreSee which stocks are posting big moves after the bell on October 12.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks creep higher on U.S. stimulus hopes, yuan sinksAsian stock markets began the week with cautious gains on Monday, as investors clung to hopes for U.S. stimulus spending, while the dollar firmed after a Chinese central bank policy tweak unwound some of the yuan's steep gains. What stimulus? Isn’t a stimulus a sign of a failing economy? How is this bullish? Meaning that stocks are hinged on the american public getting bailed out because classical consumerism is at an all time low.
Source: Reuters - 🏆 2. / 97 Read more »
China gains hoist Asian stocks to two-year peakChinese stocks led Asian markets higher on Monday as investors bet on a steady recovery for the world's no. 2 economy, though caution about the fate of U.S. stimulus kept the dollar firm and a central bank policy tweak unwound some of the yuan's gains.
Source: Reuters - 🏆 2. / 97 Read more »
European stocks, U.S. futures edge higher on stimulus hopesEuropean stocks traded higher Monday, helped by hopes of further stimulus on both sides of the Atlantic with the autumn spread of the coronavirus... The market just wants to rally. Much of it new, inexperienced investors. This has nothing to do with stimulus, which should have passed months ago. I detest this excuse for a rally!
Source: MarketWatch - 🏆 3. / 97 Read more »