JPMorgan, Wells Fargo, Activision, Dollar General, Smart Global, and More Market Movers

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

JPMorgan Chase, Wells Fargo, and Citigroup are scheduled to report quarterly earnings Friday, Microsoft's $75 billion acquisition of Activision Blizzard is...

Stock futures rose slightly Friday as earnings season was ready to kick into high gear with reports from some of the largest U.S. banks.JPMorgan Chase is expected on Friday to report third-quarter earnings of $3.95, up from profit of $3.12 a share a year earlier. Much of the anticipated profit gains are expected to come from a 27% increase in net interest income to $22.3 billion, according to analysts.

Citigroup also is scheduled to release third-quarter numbers on Friday. Earnings are forecast at $1.23 a share, down from $1.63 a year earlier. The report from Citigroup is an opportunity for the bank to show that its yearslong turnaround efforts have been bearing fruit. Dollar General said its former chief executive, Todd Vasos, will be coming out of retirement to lead the discount retailer. He previously led the company from June 2015 through November 2022, when he handed over the reins to Jeff Owen, who has stepped down. Dollar General also narrowed its fiscal-year sales growth forecast to a range of 1.5% to 2.5%, compared with a previous range of 1.3% to 3.3%. The stock was up 7.9%.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Are High Rates Taking a Toll on Consumers? Bank Earnings Will Provide a ClueJPMorgan, Wells Fargo and Citigroup are set to kick off third-quarter bank results Friday
La source: WSJ - 🏆 98. / 63 Lire la suite »

Bank earnings kick off with JPMorgan, Wells Fargo amid concerns about rising rates, bad loansHigher rates are expected to lead to a jump in losses on banks’ bond portfolios and contribute to funding pressures.
La source: nbcsandiego - 🏆 524. / 51 Lire la suite »

Bank earnings kick off with JPMorgan, Wells Fargo amid concerns about rising rates, bad loansHigher rates are expected to lead to a jump in losses on banks’ bond portfolios and contribute to funding pressures.
La source: nbcchicago - 🏆 545. / 51 Lire la suite »