Stocks to Watch: JPMorgan, Wells Fargo, AMD

NEW YORK -- JPMorgan Chase ( JPM), still feeling the fallout from the "London Whale" trading loss, is expected by analysts Friday to report a third-quarter profit of $1.24 a share in the September-ended period on revenue of $24.53 billion.

5 Things to Watch for in JPMorgan Chase Earnings


Wells Fargo ( WFC), facing a lawsuit for its mortgage practices related to the financial crisis, is seen by analysts Friday posting quarterly earnings of 87 cents a share on revenue of $21.47 billion.


Advanced Micro Devices ( AMD) forecast Thursday third-quarter revenue of $1.27 billion, a 10% sequential decline. Previously, AMD had predicted a sequential decrease of 1%, plus or minus 3%.

Analysts were looking for sales of $1.38 billion.

AMD Slides on Weak Revenue


Shares of Sprint ( S) rose 14.3% to $5.76 on Thursday after the telecommunications company confirmed it was in talks for a possible "substantial" investment. from Japanese firm Softbank.

Reuters, citing sources with direct knowledge of the matter, reported Friday that Softbank is in talks with three major Japanese banks to borrow $23 billion (1.8 trillion yen) to finance a bid for Sprint.

Sprint Confirms Talks on Softbank Investment


-- Written by Joseph Woelfel

>To contact the writer of this article, click here: Joseph Woelfel

>To submit a news tip, send an email to: tips@thestreet.com.

More from Stocks

Dow Falls Sharply as Trump Calls Off North Korea Summit

Dow Falls Sharply as Trump Calls Off North Korea Summit

Stocks Could Easily Crater Into Memorial Day Weekend

Stocks Could Easily Crater Into Memorial Day Weekend

Video: Here Is How Real Estate Investment Trusts Can Boost Your Portfolio

Video: Here Is How Real Estate Investment Trusts Can Boost Your Portfolio

3 Red-Hot Chip Stocks Trading at Bargain Prices

3 Red-Hot Chip Stocks Trading at Bargain Prices

Tempted by General Electric's Fat Dividend Yield? Grab Yourself a Burger Instead

Tempted by General Electric's Fat Dividend Yield? Grab Yourself a Burger Instead