News Feed » JP Morgan http://www.news-feed.com Current and updated news feed covering the U.S. and the rest of the World Sun, 05 Feb 2012 15:16:42 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 JPMorgan Chase & Co Posts Higher Results http://www.news-feed.com/2009/07/17/jpmorgan-chase-co-posts-higher-results/ http://www.news-feed.com/2009/07/17/jpmorgan-chase-co-posts-higher-results/#comments Fri, 17 Jul 2009 14:38:47 +0000 admin http://www.news-feed.com/?p=719 Following a good performance from the Goldman Sachs Group, JPMorgan Chase & Co,. posted significantly higher results for its second quarter through June. JPMorgan Chase earnings increased 36% to US$2.7B from US$2B. The company benefited from its investment banking segment which grew revenue from trading and underwriting activity and eclipsed defaults on consumer loans which rose during the period.

Although JPMorgan Chase shares performed well up to mid-week, adding 4.47% through Wednesday, the stock fell 0.39% to close at US$36.12 yesterday.

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