Stock Analysts

JPMorgan to Settle California Credit Card Suit for $100M

After a $136 million settlement to the Consumer Financial Protection Bureau (“CFPB”) along with Attorneys General in 47 states and the District of Columbia over violations related to sale and collection of credit card debt in July this year, JPMorgan Chase & Co. JPM will now have to shell out $50 million in compensation to customers and another $50 million in fines to the state of California over similar charges. California was not among the 47 states, which penalized JPMorgan more than $200 million in July. […]

Stock Analysts

Emerson (EMR) Misses Q4 Earnings on Macroeconomic Issues (Revised)

Emerson Electric Company EMR reported fourth-quarter fiscal 2015 adjusted earnings per share of 93 cents per share, which missed the Zacks Consensus Estimate of 97 cents and came 29% below the year-ago quarter figure of $1.30. Emerson Electric Company (EMR) – Earnings Surprise | FindTheCompany The decline was attributable to strong spending reduction by global customers in oil & gas and industrial markets, strengthening of the U.S. dollar as well as sluggishness in emerging markets. […]

Stock Analysts

Discovery Communications Tops Q3 Earnings, Lags Revenues

Discovery Communications Inc. DISCA reported third-quarter 2015 financial numbers wherein the bottom line outpaced the Zacks Consensus Estimate while the top line missed the same. Quarterly GAAP net income came in at $279 million or 43 cents per share compared with $280 million or 41 cents in the year-ago quarter […]

Stock Analysts

Itau Unibanco (ITUB) Q3 Earnings Swing Up; Costs Rise

Driven by strong top-line performance, Brazil’s Itau Unibanco Holding S.A. ITUB reported third-quarter 2015 recurring earnings of R$6.1 billion ($1.7 billion), up 10.9% year over year. Including non-recurring items, net income came in at R$5.9 billion ($1.68 billion), up 9.3% year over year. […]