Take a look at some of Friday’s morning movers:
JPMorgan Chase - The banking giant earned $1.31 per share for the first quarter, compared to estimates of $1.18, with revenue well above forecasts. The company says its investment banking business was particularly strong, although CEO Jamie Dimon also adds that elevated mortgage-related costs and losses may continue for a while longer.
Wells Fargo - The bank earned $0.75 per share for the first quarter, two cents above estimates, with revenues also beating Street forecasts.
Google - The company reported quarterly profit of $10.08 per share compared to estimates of $9.65. Revenue was largely in line with estimates, with Google also announcing a two-for-one stock split . That split creates new classes of stock in a move designed to solidify the power of co-founders Sergey Brin and Larry Page.
Dow Chemical - The chemical maker has raised its quarterly dividend by 28 percent, with its payout rising to 32 cents per share from the prior 25 cents. Dow also says it expects earnings to grow for the foreseeable future.
Best Buy - The electronics retailer says it’s creating a search committee to find a replacement for recently resigned CEO Brian Dunn . The search may take up to nine months, and interim CEO Mike Mikan will be among those considered for the job.Page 1 of 3 | Next Page