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Company News for Jan 18, 2022

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  • JPMorgan Chase & Co.’s (JPM - Free Report) shares plunged 6.2% after its CFO said that the company likely to miss profit target in the next two years due to higher expenses and moderating revenues.
  • Wells Fargo & Co.’s (WFC - Free Report) shares surged 3.7% after the company reported fourth-quarter 2021 adjusted earnings per share of $1.38, surpassing the Zacks Consensus Estimate of $1.09.
  • Shares of Washington Federal Inc. (WAFD - Free Report) gained 1.9% after posting first-quarter fiscal 2022 adjusted earnings per share of $0.71, outpacing the Zacks Consensus Estimate of $0.69.
  • Shares of The Sherwin-Williams Co. (SHW - Free Report) slid 2.8 % after it cut full-year forecast as supply chain issues would likely persist through the current quarter.

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