Public Service Americas cabletelevision companies and is brought to you today by her cable or satellite provider. The ceo of wells Fargo Timothy sloan testified before the Senate Banking Committee Last week about changes at the bank since it was revealed that wells fargo had opened an authorized account for some customers. Idaho center mike crapo chaired this twohour hearing. This hearing will come to order. Before begin today let me acknowledge that our nation is to morning and remember the lives lost in las vegas. Our condolences go out to the families affected by this in this crime, at our thanks go to the courageous First Responders and police and citizens who put their lives on the line to save others. Two members of this committee bothon of the senators of nevada are absent today because theyre in nevada. And i know senator heller and center court as master are currently doing all they can. We will remain united in prayer and support with them during this difficult time. Today we
We begin with jamie dimon, Jpmorgan Chase ceo sitting down with jim cramer in just a little while. His bank out with earnings that did handily Beat Estimates, results from rival wells fargo, also above expectations. Senator Elizabeth Warren leading a new charge to break up the banks with an updated version of the 1933 glasssteagall act. The Company Warns q2 and full year will likely fall short of expectations. And carl icahn kind of sweetens his offer for dell. Whats it going to mean for that vote next thursday . We will discuss. Big day for us here. As we said, jamie dimon will be here at the nyse. Cramer with an exclusive interview at 10 00 a. M. Eastern time. A lot of things to talk about in the program. Are you ready, skee daddy . Ive got the ceo on my left here, im listening to you guys, ive got Elizabeth Warren on squawk. Heres what i have to say. This has become a Capital Market story. Thats how theyre trying to portray it to put it in english, they have too much cash so theyre
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Inside the Market’s roundup of some of today’s key analyst actions
Ahead of the start of first-quarter reporting season for Canadian banks next week, Canaccord Genuity analyst Scott Chan raised his earnings per share expectations by 3 per cent, citing “better credit conditions and continued tailwinds from market sensitive businesses.”
That led him to increase his target prices for shares of the Big 6 banks by an average of 3 per cent.