Market Updates
Movers: Bed Bath & Beyond, Black Rock, JPMorgan
Barry Adams
13 Apr, 2022
New York City
Bed Bath & Beyond fell after the houseware retailer reported quarterly loss of 92 cents and said the recent price hikes failed to cover higher shipping charges.
BlackRock said revenues in the first quarter increased 7% and diluted earnings per share rose 11% and assets under management jumped 6% to $9.57 trillion.
JPMorgan Chase said profit declined on lower trading revenues and deal fees.
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