Key Analyst Upgrades This Week Thursday, August 26, 2:54 PM ET, by Market News Video Staff On Monday, UBS (UBS) upgraded shares of First Solar (FSLR) from neutral to buy as ...
Banks Earn $21.6 Billion in 2Q Tuesday, August 31, 12:00 PM ET, by Market News Video Staff According to the FDIC, the banking industry earned $21.6 billion in the second quarter of ...
Bonds ETFs Soar As Economic Data Weakens Equities Tuesday, August 31, 3:45 PM ET, by Market News Video Staff Over the last several months, a slew of disappointing economic data has caused investors to ...
Three ETFs to Benefit If Citigroup Is Right Wednesday, September 15, 10:05 AM ET, by Market News Video Staff This morning, Citigroup initiated coverage on shares of General Electric (GE) with a Buy rating ...
JP Morgan Beats, Financial Higher, ETFs to Watch - RKH, IYG, KBE
By Market News Video Staff, Wednesday, October 13, 8:35 AM ET
JP Morgan Chase beat analyst expectations this morning with adjusted EPS of $1.01 on revenue of $24.3 billion.
After the announcement, financials are climbing in premarket action.
Turning to ETFs with large JP Morgan holdings, the Regional Bank HOLDRS (AMEX:RKH) is weighted over 23% to JP Morgan Chase (NYSE:JPM), with the next largest holding of Wells Fargo (NYSE:WFC) at 19.1% and US Bancorp (NYSE:USB) at 17.02%.
The iShares Dow Jones U.S. Financial Services Index Fund (AMEX:IYG) is approximately 12.6% JP Morgan Chase, and 10.5% Bank of America (BAC).
The SPDR KBW Bank ETF (AMEX:KBE) is about 10.8% JP Morgan (NYSE:JPM) and 13.3% Citigroup (NYSE:C).
This Article's Word Cloud:AMEXAfterAmericaBancorpBankChaseCitigroupETFsFargoFinancialFundHOLDRSIndexJonesMorganNYSERegionalSPDRServicesTurningWellsaboutactionadjustedanalystannouncementapproximatelybeatbillionclimbingexpectationsfinancialsholdingholdingsiShareslargelargestmorningnextoverpremarketrevenuethisweightedwith
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
Analyst Moves: LRCX, GNW
Daily Dividend Report: KIM, UNH, AVP, BIP, XL
Daily Dividend Report: NOC, APC, BRCM, PPL, MTB, ACE
Analyst Moves: ARO, HCA
Weekly Market Wrap: May 11, 2012
Analyst Moves: LRCX, GNW
