[ad_1] New York CNN — JPMorgan Chase, Bank of America, Citigroup and asset management giant BlackRock posted results that topped Wall Street’s forecasts Friday, but investors were nonetheless a little disappointed at first. Trading was choppy, with most bank stocks falling at the open before rebounding. Shares of JPMorgan Chase …
Read More »Jim Cramer says not to fear bearish economic talk from bank CEOs
[ad_1] CNBC’s Jim Cramer on Wednesday told investors that they should take gloomy economic commentary from bank executives with a grain of salt. “Don’t panic the next time you hear one of these bank CEOs say something terrifying — they don’t know the impact of their words,” he said, adding, …
Read More »Strong GOP showing in midterm elections likely good for energy
[ad_1] CNBC’s Jim Cramer said he anticipates a near-term rally in energy stocks if Republican candidates perform well in Tuesday’s midterm elections and win a majority in at least one chamber of Congress. Oil and gas companies should be among the “biggest winners” if that were to happen, Cramer said …
Read More »These 13 companies’ earnings helped drive markets higher
[ad_1] CNBC’s Jim Cramer on Monday offered investors a list of companies whose solid quarters he believes have helped the market rally recently. Here is his list: Bank of America Johnson & Johnson Goldman Sachs Lockheed Martin Netflix Procter & Gamble IBM Tesla AT&T Tractor Supply CSX SLB American Express …
Read More »Take any chance to sell stocks in busy earnings week
[ad_1] CNBC’s Jim Cramer on Friday advised investors to take any chance to sell stocks next week as the busy earnings season continues. “The market’s dominated by the tick, tick, tick of bonds, oil and the dollar. So, remember, if we have a big up day like yesterday, that is …
Read More »Bank earnings watched for clues on slowing economy after Dimon’s warning
[ad_1] Big American banks have mostly resisted bulking up loan loss reserves this year as the financial health of consumers and corporations has held up despite mounting recession concerns. That may be about to change as industry giants including JPMorgan Chase and Citigroup report third-quarter results Friday, giving investors the …
Read More »Jim Cramer says these 14 stocks are ‘about to pop’
[ad_1] CNBC’s Jim Cramer on Wednesday offered investors a list of stocks that he believes could bounce soon. “The S&P [500]’s down almost 25% for the year, and we’ve gone eleven months since the bear market began. The average bear market only lasts for about 13 months. So maybe we …
Read More »CVS, Credit Suisse, AMD, Lyft and more
[ad_1] Omar Marques | LightRocket | Getty Images Check out the companies making headlines in midday trading Friday. Ambac Financial Group – Shares of the municipal bond insurer shot up 13.2% on news of settlements with Bank of America that would bring Ambac $1.84 billion. The settlements come out of …
Read More »AMD, Levi Strauss, DraftKings and more
[ad_1] Here are the companies that are making headlines before the bell: Advanced Micro Devices (AMD) – AMD slid 5.3% in the premarket after cutting its sales forecast. The chipmaker said it is being hit by a larger than expected slump in the personal computer market. Levi Strauss (LEVI) – …
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