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JP Morgan Chase Swings to a Q3 Loss on Legal Expenses

The United States’ largest bank by assets, JP Morgan Chase & Co. (NYSE: JPM) said on Friday that it swung in to fiscal third quarter loss as heavy litigation expenses hurt the bottom line. Adjusted earnings beat analysts’ consensus estimate but revenue missed the forecast. For the latest period, the company took a charge of [...]

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Major Gainers on March 7; UPL, KEY, AFCE, JPM, AAPL

Shares of Ultra Petroleum Corp. (NYSE: UPL), an independent oil and gas company, are rallying in trading today. At last check, UPL shares were trading 8.42% higher at $18.41 on above average volume of 4.99 million. The stock hit an intra-day high of $18.44 earlier today. UPL shares have gained more than 13% in the [...]

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JPMorgan Chase Reports Q3 Results (JPM)

New York based, largest U.S. bank by assets, JP Morgan Chase & Co. (NYSE: JPM) reported results for the third quarter of 2012 ending Sep 30, 2012.


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