Fly News Breaks for October 1, 2015
COF, BAC, BBT, PNC, JPM
Oct 1, 2015 | 08:51 EDT
Following the worst quarter for the S&P 500 and for the KBW Nasdaq Bank Index since the third quarter of 2011, Baird analyst David George contends that "broadly oversold" bank stocks are due for a bounce. The analyst believes that even in-line results should help improve the bearish sentiment on the sector and could see bouncebacks for defensive names like JPMorgan (JPM), PNC (PNC) and BB&T (BBT) as well as for higher-beta names like Bank of America (BAC) and Capital One (COF).
News For JPM;PNC;BBT;BAC;COF From the Last 2 Days
COF
Apr 25, 2024 | 16:05 EDT
Reports Q1 revenue $9.4B, consensus $9.34B.