Earnings Report

J&J CFO Joseph Wolk said the U.S. health care conglomerate is looking at "right sizing" itself, particularly as it moves from being a three-segment business to a two-segment business

Revenue for the Pawtucket, Rhode Island, company fell to $1.68 billion, down 15% from last year's third quarter. Hasbro Inc. earned $129.2 million in the quarter.

The company tightened its full-year adjusted profit forecast range. Sales at its medical devices unit rose to $6.78 billion on demand for contact lenses and wound-closure products.

Online application portal for President Biden's student loan handout program officially rolls out. And power producers sound the alarm about natural gas demand as cold front hits U.S.

The second-largest U.S. bank, led by Brian Moynihan, earned 81 cents a share vs. analysts' expectations of 77 cents per share in the third quarter of the year.

Banks and transportation lead off third-quarter earnings reports with Bank of America, Goldman Sachs and Traveler's scheduled to report.

FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.

Odeon Capital Group chief financial strategist Dick Bove predicts big bank earnings won't continue to be "very strong" if the economy slows down and loan demand slides.

The bank set aside $808 million in reserves, as the U.S. Federal Reserve's efforts to cool the economy through interest rate hikes have stoked fears of an economic downturn.

JPMorgan, Wells Fargo, Citigroup and Morgan Stanley will begin earnings season for the major banks on Friday morning.

Walgreens Boots Alliance executives said during their earnings call Thursday that pharmacy staffing shortages have created challenges for prescription growth.

Delta Air Lines projected a very strong holiday travel season Thursday despite inflation and even forecasted that revenue will surpass pre-pandemic levels.

Traders will be watching for the latest economic reports covering consumer prices as well as weekly jobless claims.