Beat the Street: JPMorgan; Citigroup; Wells Fargo; UnitedHealth; Microsoft-Activision
Early numbers from JPMorgan Chase, Citigroup and Wells Fargo indicate a healthy third-quarter banks reporting season. UnitedHealth beat profit estimates. Plus, Britain gives Microsoft the go-ahead to buy Activision Blizzard.
(Partial Video Transcript)
Microsoft's Activision buy-out is biggest-ever tech deal
Hello, I'm Angeline Ong and welcome to this new edition of Beat the Street, the show that gives you all the tradeable news ahead of the Wall Street Open.
Coming up, a big US banks report. JPMorgan, Citigroup, Wells Fargo get the season into full gear with some healthy numbers. Financial analyst Jeremy Naylor will give us the details in just a moment.
UnitedHealth also beats on the quarterly profit estimates front with lower medical costs. We’ll have more on that in just a moment.
And: game changer! The UK gives Microsoft the go-ahead to buy Activision Blizzard in the biggest-ever tech deal.
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