It's big bank Tuesday and Morgan Stanley (NYSE:MS) is in focus in pre-market deals as it posted profit, which beat estimates as its wealth management business boomed.
After hours, shares added 1.25% to stand at US$49.55 each. Earnings per share (EPS) came in at 93 cents a share against 81 cents, which had been projected by analysts.
Revenue for the three months was US$9.197bn against an expected US$9.015bn.
In other bank news, Goldman Sachs (NYSE:GS) shares added 1.27% to US$245.48 after hours as its results easily beat expectations.
Total net earnings came in at US$2.13bn - a near 3% increase, while revenue was US$8.33bn compared to US$7.54bn, which was expected.
From banks to wheels and motorcycle giant Harley Davidson Inc (NYSE:HOG) shares accelerated 0.49% higher to US$46.80 after hours after it reported quarterly earnings at $0.41 per share on revenue of $966.83 million before the opening bell.
Last but not least, pharma and consumer goods giant Johnson & Johnson (NYSE:JNJ) shares gained 1.23% to US$137.7 after it beat third-quarter earnings expectations and raised its full-year outlook.
Net income in the three months fell to US$3.76bn, or $1.37 a share, from US$4.27bn, or US$1.53 a share in the same period a year ago.
businessinsider: Harley-Davidson expects sales to slump as much as 8% this year https://t.co/ZfCXSNZ2SL pic.twitter.com/iIWhAJr3QS
— Investing Insight (@InvestingLatest) 17 October 2017