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Big Bank earnings: JPMorgan, Wells Fargo, Citi beat estimates

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Earnings season has come for Big Banks. JPMorgan Chase & Co. (JPM) beats earnings estimates on the top and bottom lines with CEO Jamie Dimon warning on...

beats earnings estimates on the top and bottom linesYahoo Finance anchors Seana Smith and Brad Smith break down several of Friday morning's Big Bank earnings from the New York Stock Exchange.NEW YORK -Digital World Acquisition Corp, the SPAC that plans to merge with former U.S. President Donald Trump's media and technology company, said this week it would return to investors $533 million raised for the deal, after some have already backtracked on $467 million of commitments.

The 249-year-old German maker of upmarket sandals set a price of $46 per share for its initial public offering of stock, valuing the company at $8.64 billion. The stock opened for trade at $41, which was below the range of $44 to $49 it had been expected to price just a week ago. Birkenstock is listed on the New York Stock Exchange under the “BIRK” tickFour TSX stocks struggling today and trading at deep discounts are primed for a strong recovery.

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