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watch now VIDEO 1:31 01:31 News Update – Pre-Markets News Briefing Check out the companies making headlines before the bell: Albertsons (ACI) – Albertsons lost 4.1% in the premarket after announcing a merger deal with supermarket rival Kroger (KR) .  Albertsons surged 11.5% Thursday after sources told CNBC the two sides were in talks to combine. Kroger shares slipped 3%. JPMorgan Chase (JPM) – JPMorgan Chase shares added 2.3% in the premarket after beating top and bottom line estimates for the third quarter. The bank's results were boosted by higher net interest income, helping offset lower deal-making revenue and higher loan loss reserves. Wells Fargo (WFC) – Wells Fargo gained 1.6% in premarket trading following its quarterly results. Higher interest rates helped the bank's bottom line, despite taking a hit from charges related to litigation and other matters. Morgan Stanley (MS) – Morgan Stanley reported quarterly profit of $1.47 per share, 2 cents shy of estimates, a...

In this article WFC Follow your favorite stocks CREATE FREE ACCOUNT Wells Fargo is one of the oldest and most powerful banks in the United States. Its reputation today is in tatters, following a notorious scandal that is still unfolding. Reports of fraudulent activity in Wells Fargo's sales department first surfaced in 2013. The bank opened at least 3.5 million fraudulent accounts for unwitting customers, according to researchers at the Harvard Business School. This and other issues have led the government to fine the bank repeatedly. Regulators for banking, consumer protection, trading, and workplace safety continue to keep a close watch on Wells Fargo. The bank says it's working to comply with a barrage of consent orders issued by the government dating back to 2016. In addition to fines, Wells Fargo has faced a cap on its assets, issued by the Federal Reserve in 2018. "We continue to hold the firm accountable for its deficiencies with an unprecedented asset cap that ...

In this article SBNY BK BAC ZS OKTA PDD MELI GS CS CSG.N-CH CONX DISH NOVA SPWR NET KR SPLK BP BP.-GB LFG NFLX NWSA CLR FOXA AAPL RBLX Follow your favorite stocks CREATE FREE ACCOUNT Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making the biggest moves midday: Roblox — Roblox shares shot up 21% after the online gaming company reported metrics for September that showed stronger engagement than a year ago. Apple — The tech giant saw its shares rally more than 2% after Morgan Stanley reiterated the stock as overweight. The Wall Street firm said Apple would fare better than other technology companies in the event of an economic downswing, thanks to its loyal user base. Continental Resources — Shares of the U.S. oil producer rose 8.5% after chairman and founder Harold Hamm and his family reached a deal to acquire shares of Continental Resources it doesn't already own for $74.28 per share. Fox Corp , News Corp — Fox shares dropped 8%, while News ...