Weak trading hits JPMorgan, profit falls in three core businesses
(Reuters) - JPMorgan Chase & Co (JPM.N), the biggest U.S. bank by assets, reported a 6.4 percent decline in revenue and profit declines in three of its four main businesses, underscoring how weak trading markets and low interest rates have hurt banks in recent months.
Schlumberger's Earnings Dive Seen Accelerating In Q3
Schlumberger's (NYSE:SLB) third-quarter earnings are expected to dive more sharply than in prior quarters when it reports Thursday, as oil prices have remained low, pressuring the energy industry.