EdgeWater 10/15/2010 9:27:16 PM
News / Business

Top NYSE Financial Stocks (JPM, BAC, GS, MS)

Top NYSE Financial Stocks

Shares of JPMorgan Chase & Co. (NYSE:JPM) dropped 2.01% to $37.94. Earlier this week, the company posted a profit of $4.42 billion, or $1.01 a share, in the quarter, compared with $3.55 billion or 82 cents a share, in the year-earlier period.

Revenue dropped to $23.8 billion from $26.6 billion. On a managed basis, revenue totaled $24.3 billion in the latest quarter.

The New York financial firm was expected to earn 90 cents a share on revenue of $24.3 billion, according to a survey of analysts by FactSet Research.

Bank of America Corporation (NYSE:BAC) lost 2.14% to $12.33. Bank of America will be release its quarterly results next week. The analysts on an average expect a profit of $0.16 per share on revenue of $27.15 billion.

The stock went down more than 18% year-to-date.

Goldman Sachs Group, Inc. (NYSE:GS) went up 0.38% to $152.17. The Goldman Sachs Group, Inc. is a bank holding and a global investment banking, securities and investment management company.

Morgan Stanley (NYSE:MS) fell 0.28% to $25.37. Morgan Stanley Smith Barney has extended a cash bonus designed to attract new financial advisers until the end of the year, two recruiters with knowledge of the deal said on Thursday.

In the past one month of trading sessions, the stock went down more than 6%.

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