SanDisk is downgraded to 'hold,' and Riverbed is downgraded at 3 firms.
Disappointing economic data overshadow some strong earnings reports.
The bank's mortgage business was great in the first quarter, but the lending business was a different story.
| Tags: | BACfinancial servicesWFC |
Earnings from JPMorgan and Wells Fargo beat the Street this time, but the companies' gains from mortgage activity may not be sustainable.
Shareholders to receive a penny a share even after the bank passes a test that was expected to boost payout.
NetApp is downgraded to 'sector perform,' and retailers are initiated at UBS.
With earnings reports and possible credit downgrades looming ahead, big bank stocks will need to weather short-term headwinds.
A state court has stated that a lawsuit against the bank was premature.
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