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The world's largest oil fields service company Schlumberger reported in line Q1 earnings Thursday. The report reflected the expected reduction in North America land activity and seasonal activity in the Northern Hemisphere. SLB expects improved oil sentiment
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Morgan Stanley reported betetr than expected first quarter earnings before the bell Wednesday. $MS followed the other major banks; Bank of America $BAC JPMorgan Chase $JPM, Wells Fargo $WFC, PNC Financial $PNC Goldman Sachs and Citigroup $C reporting
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Streaming giant Netflix reported better than expected first quarter earnings and subscriber growth after the close Tuesday but lowered forward guidance. $NFLX said it doesn;t see Disney's new service Disney+ with content from Fox Networks, Disney, Pixar, Marvel and Star Wars hurting.
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Bank of America reported better than expected first quarter earnings but missed on revenue before the bell Tuesday. $BAC expenses fell 4% to $13.2 billion, $500 million below analysts’ estimate. JPMorgan Chase $JPM. Wells Fargo $WFC, PNC Financial $PNC and Citigroup $C all reported.
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Citigroup continued the banking sectors Q1 earnings before the market open Monday being hurt by equity markets trading. $C reported ahead of other money center banks Bank of America $BAC and after JPMorgan Chase $JPM, Wells Fargo $WFC, PNC Financial $PNC
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Goldman Sachs, America's largest investment bank reported first quarter earnings before the bell Monday that missed on revenue due to the trading, investing and lending segments. $GS lowered employee compensation and cuts workforce by 2%.
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Wells Fargo reported b etter than expected Q1 earnings before the bell Friday. $WFC reported along with JPMorgan $JPM and PNC Financial $PNC. Consumer transactions and auto loans improved but nonperforming assets totaled $7.3 billion, well above $6.67 billion estimates.
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PNC Financial reported better than expected first quarter earnings before the bell on Friday after Wells Fargo $WFC and JPMorgan $JPM.PNC beat on revenue with a growing loan book with improving interest rate margins.
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JPMorgan Chase, America's largest bank reported better than expected Q1 earnings Friday before the open. $JPM announced record revenue and profits led by Consumer & Community Banking. Wells Fargo $WFC and PNC Financial $PNC also reported.
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Iconic American blue jean maker Levi Strauss & Co. released its first earnings report since the company’s initial public offering last month with first quarter earnings per share of 37 cents on revenue of $1.44 billion.
