Actionable news
0
All posts from Actionable news
Actionable news in MYL: Mylan Inc.,

Early movers: JPM, WFC, C, WMT, BA, FCAU, T, GPS, SNAP & more

Check out which companies are making headlines before the bell:

JPMorgan Chase – The bank reported second quarter earnings of $1.82 per share, beating estimates of $1.58 a share. Revenue also came in above forecasts. The bank's results were helped by lending, although trading results were lower.

Wells Fargo – Wells Fargo reported quarterly profit of $1.07 per share for the second quarter, although that did include a four-cent-a-share tax benefit. The consensus estimate was $1.01 per share. Wells did see revenue fall below Street forecasts, however.

Citigroup – Citi beat estimates by seven cents a share, with quarterly profit of $1.28 per share. Revenue also came in above Street forecasts. Citi did see a drop in trading revenue during the quarter, which contributed to lower profit compared to a year ago.

Wal-Mart – The retailer's stock was upgraded to "buy" from "neutral" at Goldman Sachs, which also added Wal-Mart to its "Conviction Buy" list. Goldman said the company was well-positioned to succeed in the evolving world of mass market retail and to weather competition from Amazon.com.

Boeing – Boeing was upgraded to "overweight" from "neutral" at JPMorgan Chase, which thinks the stock is poised to benefit further from positive aerospace industry fundamentals even after its recent...


More