JPMorgan Chase & Co., the biggest U.S. bank by assets, said second-quarter profit fell 1.4 percent, beating analysts’ estimates as fixed-income trading revenue and loan growth jumped.
Net income dropped to $6.2 billion, or $1.55 a share, from $6.29 billion, or $1.54, a year earlier, the New York-based company said Thursday in a statement. Excluding an accounting adjustment and a legal benefit, earnings were $1.46 a share, 3 cents higher than analysts’ average estimate in a Bloomb...
20:35 Warren Buffett's Bet On This Bank Quadrupled in Just 6 Years19
13:09 JCPenney shuttering up to 140 stores as sales weaken, more sluggish growth seen ahead16
09:51 Airbus takes new hit for A400M as core profit beats forecasts17
09:14 Airbus seeks new talks with European nations over A400M costs16