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Thursday, April 16, 2009

JPMorgan's Profit Falls 10% But Beats Expectations

JPMorgan's Profit Falls 10% But Beats Expectations
"...JPMorgan Chase's profit for the quarter fell 10% from a year earlier, to $2.1 billion, but revenue jumped 48%, to $25.03 billion. The bank's shares rose about 1% in recent trading, to just almost $33...."
Reference: online.wsj.com

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