|Day Low/High||71.09 / 72.00|
|52 Wk Low/High||48.42 / 75.24|
Investors might have been spooked at first by the unfavorable impact of lower rates on net interest income. Yet, JPMorgan is likely the best bank stock to own amid an uncertain macroeconomic environment.
KeyCorp shares traded notably lower Tuesday after the lender uncovered fraudulent activity associated within one of its business customers in its current quarter.
The money center bank's reduced forecast for net interest income amid geopolitical pressures is curbing investor enthusiasm.
The bulls will say this is healthy consolidation that will set up another leg higher, while the bears will say this is an indication of indecision and is a prelude to a rollover.
JPMorgan said second-quarter profit rose 16% from a year earlier to $9.65 billion. Earnings per share were $2.82, or $2.59 excluding a big benefit from tax credits. On that basis, the figure exceeded the $2.50 average estimate of Wall Street analysts.
June retail sales figures could add to deepening evidence of consumer strength, banks earnings will likely dictate Wall Street's early pace, Libra faces mounting scrutiny and JB Hunt earnings ease concern for a U.S. 'freight recession'.
Jim Cramer says don't trade earnings season, invest in it -- and invest the time needed to be a smart, successful investor.
Jim Cramer weighs in on Bristol-Myers Squibb, Eli Lily, DuPont, Marvell Technology, General Motors, Kraft Heinz, Maxar Technologies, and more.
Are we seeing low-volume consolidation setting stage for thrust higher or is this stalling action suggesting a rollover? The answer depends on how earnings season develops.
All three stock indexes struggled to a record close Monday as investors gear up for earnings season.
Mark Mason, Chief Financial Officer, and Michael Verdeschi, Treasurer, will conduct the Citigroup second quarter 2019 Fixed Income Investor Review at 11:00 AM (ET) on Tuesday, July 23, 2019.
Here are my five rules for handling earnings season.
Citigroup stock is slightly higher on Monday, after the bank beat earnings. Now it's on breakout watch.
One area that stood out to us is the continued improvement with the efficiency ratio.
We will add to our Mastercard position as we continue to appreciate the durability of this payments growth story.
Citigroup said second-quarter profit rose 7% from a year earlier to $4.8 billion. Earnings per share were $1.95, though that figure included an accounting gain of $350 million on an investment in an electronic trading platform. Excluding unusual items, earnings per share were $1.83, exceeding the $1.81 average estimate of Wall Street analysts.
Jim discusses the market set up into second quarter earnings, Citigroup's earnings release from this morning, and much more!
The indices are fine but if you are looking to add long positions it is narrow action right now.
With the market at all-time highs, are we set up for a season where anything but stellar results sends us lower?
Here are three key things to watch as the bank earnings roll in.
Citigroup is a leading global bank. But, how did it get its start? Watch the video to learn more.
U.S. equity futures are pointing to a flat open on Wall Street Monday as investors both prep for a key set of data releases that will gauge the strength of the consumer economy and brace for the start of the second quarter earnings season.
Please view Citi's second quarter 2019 earnings press release on its website http://www.
Keep in mind that stocks and indices at all-time highs don't just suddenly collapse.
All the key equity indexes are up 16% or more this year, as earnings season starts.
There's a lot of earnings heading our way. From big banks to big tech, here's what investors should keep their eye on in the week ahead.
U.S. equity futures are pointing to a flat open on Wall Street; Boeing's 737 MAX woes continue, China GDP slumps, Prime Day pumps and Novak Djokovic jumps after winning his fifth Wimbledon singles title.
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