July 18, 2017 | Daily JAM, Morning Briefing |
More big bank earnings today–and, fortunately, they were a mixed bag. Which made them markedly better than Friday’s results. Bank of America’s (BAC) ‘s second-quarter earnings per share rose 12% to 46 cents, beating by 3 cents a share. Revenue climbed 7% to $22.8 billion against the Wall Street consensus of $21.915 billion. Shares of Bank of America closed up 0.5% today, July 18.
July 14, 2017 | Daily JAM, Morning Briefing, You Might Have Missed |
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July 10, 2017 | Daily JAM, Morning Briefing |
For all intents and purposes second quarter earnings season kicks off on Friday. Yes, PepsiCo (PEP) does report on Tuesday and Delta Air Lines speaks on Thursday, but the real bellwether earnings reports come from the big banks on Friday with earnings from Citigroup (C), Wells Fargo (WFC) and JPMorgan Chase (JPM).Â
October 17, 2016 | Daily JAM, Stock Alerts |
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October 8, 2016 | Short Term |
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May 1, 2016 | Daily JAM, Friday Trick or Trend |
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April 13, 2016 | Daily JAM, Morning Briefing, Short Term |
This morning JPMorgan Chase reported earnings of $1.35 a share,down 6.7% from the first quarter of 205. Revenue dropped 3%. But both earnings per share and revenue beat Wall Street’s projections. Wall Street was looking for a 13.4% drop in earnings–so a decline of just 6.7% seemed remarkably positive. Shares closed up 4.24% today. Good news for earnings-challenged first quarter results across the market
April 9, 2016 | Uncategorized |
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April 8, 2016 | Daily JAM, Short Term, Volatility, You Might Have Missed |
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April 4, 2016 | Daily JAM |
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October 20, 2015 | Daily JAM, Friday Trick or Trend, Mid Term |
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October 17, 2015 | Uncategorized |
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