[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 »AGNC Investment is not a buy
[ad_1] Paramount Global: “Too cheap to believe. … I don’t know where it bottoms, but it sure isn’t close to the top.” Hasbro Inc: “I don’t like the earnings, and I think that Mattel‘s actually cheaper.” Citigroup Inc: “The book value is so different from where the common stock is, …
Read More »Delta making lounge access harder after complaints of crowding, lines
[ad_1] The Sky Lounge during a tour of Delta Air Lines Terminal C at LaGuardia Airport (LGA) in the Queens borough of New York, on Wednesday, June 1, 2022. Stephanie Keith | Bloomberg | Getty Images Delta Air Lines is making the most exclusive corners of the airport harder to …
Read More »5 things to know before the stock market opens Thursday, November 10
[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 9, 2022. Brendan Mcdermid | Reuters Here are the most important news items that investors need to start their trading day: 1. A lot to process Markets sold off Wednesday as …
Read More »Nation’s 12 largest employers laid off thousands during the pandemic
[ad_1] The nation’s largest employers collectively laid off more than 100,000 workers during the pandemic, according to a report released Tuesday by a House subcommittee. Hourly workers were hit particularly hard. Not only were they more likely to get fired in 2019, 2020 and 2021 than salaried employees, but they …
Read More »Jim Cramer recaps 4 major banks’ earnings reports
[ad_1] CNBC’s Jim Cramer on Friday offered investors his thoughts on the major banks that reported earnings this week. “If the whole market hadn’t already roared yesterday, I think we could’ve had a nice rally in response to these numbers. But, as it is, I’d say this is a surprisingly …
Read More »JPMorgan Chase, Albertsons, Tesla, Beyond Meat, Delta and more
[ad_1] Delta Airlines passenger jets are pictured outside the newly completed 1.3 million-square foot $4 billion Delta Airlines Terminal C at LaGuardia Airport in New York, June 1, 2022. Mike Segar | Reuters Check out the companies making headlines in midday trading Friday. Albertsons — Shares of the Safeway owner …
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 »5 things to know before the stock market opens Tuesday, October 11
[ad_1] Traders on the floor of the NYSE, Oct. 7, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. A new skid U.S. stock markets started October with a bang, but have now posted four straight losing sessions. The tech-laden …
Read More »5 things to know before the stock market opens Monday, October 10
[ad_1] Traders on the floor of the NYSE, Oct. 7, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. The calm before the earnings storm After a strange week – stocks were higher despite three straight losing sessions – investors …
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