Check out the companies making headlines before the bell: UnitedHealth — The largest health insurer by revenue rose more than 1% after beating analysts’ third-quarter expectations. The company, part of the Dow Jones Industrial Average, posted adjusted earnings of $6.56 per share on revenue of $92.4 billion. Analysts polled by LSEG had expected per-share earnings…
Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023. Mike Blake | Reuters Citigroup reported its third-quarter results on Friday morning, where investors will be looking for updates on CEO Jane Fraser’s reorganization plans at the New York-based bank. Here’s what the company reported compared…
Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters in Miami, Florida, U.S., February 8, 2023. Marco Bello | Reuters JPMorgan Chase delivered strong profits for the third quarter along with a stern warning Friday from its top executive about…
A Wells Fargo customer uses the ATM at a branch in San Bruno, California, on Aug. 8, 2023. Justin Sullivan | Getty Images Wells Fargo on Friday surpassed Wall Street expectations in third-quarter earnings and revenue as the benefit from higher interest rates offset slowing lending activity. Shares of the bank rose 1.8% in premarket…
An aerial view of a container ship leaving the dockyard in Qingdao in east China’s Shandong province. Future Publishing | Future Publishing | Getty Images BEIJING — China reported a smaller-than-expected decline in exports in September from a year ago, while imports missed, according to customs data released Friday. In U.S.-dollar terms, exports fell by…
Jamie Dimon, chairman and CEO of JPMorgan Chase, at the U.S. Capitol for a lunch meeting with the New Democrat Coalition in Washington, D.C., June 6, 2023. Nathan Howard | Bloomberg | Getty Images JPMorgan Chase is scheduled to report third-quarter earnings before the opening bell Friday. Here’s what Wall Street expects, according to analyst…
Market Movers rounded up the latest reactions on Target from investors and analysts. The pros, including Jim Cramer , discussed the Minneapolis-based retail chain after Bank of America upgraded Target to buy from neutral . BofA analyst Robert Ohmes wrote that he sees improvement in traffic and an upside in gross margins at Target. The…
Leon Cooperman at the 2019 Delivering Alpha conference in New York on Sept. 19, 2019. Adam Jeffery | CNBC Billionaire investor Leon Cooperman said he remains a bear with little interest in the broader stock market, partly because it’s underestimating the risk of a fiscal crisis. “I’m of the view that we borrow from the future with…
Check out the companies making headlines in midday trading. Walgreens Boots Alliance — Walgreens Boots Alliance popped nearly 6% in midday trading after sharing that it has made progress in its cost-cutting program. The retail pharmacy giant on Thursday missed fiscal fourth-quarter earnings estimates , reporting an adjusted 67 cents per share, while analysts polled…
[The stream is slated to start at 10:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] CNBC’s Joumanna Bercetche is moderating a panel at the annual meetings of the International Monetary Fund and World Bank in Marrakech, Morocco. Titled, “Reform Priorities for Tackling Debt,” the seminar will include Kristalina Georgieva,…
