We begin with morgan which saw its quarterly profit jump more than 20 . Thats the good news. But the biggest bank in the u. S. By as sets missed wall streets earnings estimates. By comparatively five cents. Reporting profits of 1. 32 a share. Revenues 6 lower than a year ago at 23. 5 billion hit by volatile markets and continued low Interest Rates. They missed estimates, too. Shares were initially lower after the report as you see right there on that graphic. We take a look now at some of the big issues the countrys biggest banks are facing this quart. Reporter jpmorgan the first of the financials to report and with a miss to beat not a way to kick off a busy week of earnings. Bank of america, citigroup, wells fargo and Goldman Sachs out with their earnings in the coming days. All banks are likely to feel the effects of the macro headwinds we saw in the Third Quarter and those that affected jpmorgan, as well. First low rates, likely to squeeze margins even if they cause a short term up
Its quarterly profit jump more than 20 . Thats the good news. But the biggest bank in the u. S. By as sets missed wall streets earnings estimates. By comparatively five cents. Reporting profits of 1. 32 a share. Revenues 6 lower than a year ago at 23. 5 billion hit by volatile markets and continued low Interest Rates. They missed estimates, too. Shares were initially lower after the report as you see right there on that graphic. We take a look now at some of the big issues the countrys biggest banks are facing this quart. Reporter jpmorgan the first of the financials to report and with a miss to beat not a way to kick off a busy week of earnings. Bank of america, citigroup, wells fargo and Goldman Sachs out with their earnings in the coming days. All banks are likely to feel the effects of the macro headwinds we saw in the Third Quarter and those that affected jpmorgan, as well. First low rates, likely to squeeze margins even if they cause a short term uptick in loans like mortgages. T
Its quarterly profit jump more than 20 . Thats the good news. But the biggest bank in the u. S. By as sets missed wall streets earnings estimates. By comparatively five cents. Reporting profits of 1. 32 a share. Revenues 6 lower than a year ago at 23. 5 billion hit by volatile markets and continued low Interest Rates. They missed estimates, too. Shares were initially lower after the report as you see right there on that graphic. We take a look now at some of the big issues the countrys biggest banks are facing this quart. Reporter jpmorgan the first of the financials to report and with a miss to beat not a way to kick off a busy week of earnings. Bank of america, citigroup, wells fargo and Goldman Sachs out with their earnings in the coming days. All banks are likely to feel the effects of the macro headwinds we saw in the Third Quarter and those that affected jpmorgan, as well. First low rates, likely to squeeze margins even if they cause a short term uptick in loans like mortgages. T
Dave cocchiarella is joining us live. Some clouds lingering, what does it look like for the day ahead . Dave a drier day and a breezy day, but we may still see one or two showers. Let s take a look at what is happening in downtown orlando. Wilder milder than yesterday, we are not seeing as much fog although that low cloud deck will continue to settle down so we may see reduced visibility. Middle to upper 60 s across Central Florida, lower to middle 70 s before it is all over. Cool air arriving, chilly conditions ahead. In the tampa bay area, it is going to roll into kissimmee in the next couple of hours. Certainly cloudy skies but we will see some breaking and clearing as breezy conditions take over into the afternoon how much cold air is going to arrive in Central Florida and what you can expect when you wake up monday, in just a few minutes. Chris out on the roads this morning, a crash is blocking all lanes on maitland boulevard. It is an apopka, behind losee tollroad plaza. Hiawasse
Tells the man is a good side and it is out of his character and are shock shots at the Massive Police presence. I want to bring up video. You can hear police yelling for the men to come out with his mans up hands up and agreed series of gunshots. It started at 11 30 pm and we are working to confirm that this may have begun as a Domestic Violence situation. Some neighbors have been holed up at the complex compounds on able to get back to their homes. When we spoke with a few of them, this is what they told us about the man this standoff is centering on. He is not budget. He does not want to come out. But he is crying and he is saying he doesnt want to come out. He was the flashing lights he is scared to come out. Sherry sam anno and another shared more about him and about his past i will go back to the interview to try to find the part where they say he is a veteran and they think that may have triggered something that happened overnight and we will have that for you knew and 6 30. Repo