JPMorgan Chase is out with its fourth-quarter results and it's a blowout report. Here are the highlights: Profit was up 50%. That amounted to $4.81 a share, well above what analysts polled by FactSet expected at $4.
JPMorgan Chase significantly exceeded fourth-quarter expectations with strong earnings, despite challenges like credit costs and regulatory pressures.
Activity on Wall Street helped buoy the bank’s fourth-quarter earnings.
Read: JPMorgan Chase's Jamie Dimon plans to stick around 'for a few more years' as CEO Nearly two-thirds of analysts polled by FactSet rate JPM a buy or the equivalent, although their consensus 12 ...
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
Shares of JPMorgan Chase and Goldman Sachs are seeing strong returns Thursday morning, lifting the Dow Jones Industrial Average into positive territory.
Better bank earnings and inflation readings sent bond and stock prices higher. Earnings and politics will likely have the most significant impact on markets this week.
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for the year.
Banks such as JPM, C and GS started the earnings season off on a positive note when all beat expectations on the top and bottom-line
Jan. 27, 12:30 p.m. ET U.S. stocks got walloped Monday: The S&P 500 was down about 2% at 12:30 p.m. EST, and the tech-heavy Nasdaq sank 3%, heading toward its worst percentage loss since Dec. 18 and third-worst day of the last two years.
They will also offer at least 60 days protection from new foreclosures or evictions.) If you don’t call your servicer right away: Check the rules of the entity backing your loan, but Fannie Mae also expects servicers of the loans it backs to automatically offer forbearance for 90 days if they haven’t heard from a borrower but know the person’s home is in a presidentially declared major disaster area.
RBC Capital Markets analyst Michael Carroll adjusted the price target on ProLogis shares, traded on the New York Stock Exchange (NYSE:PLD), increasing it to $128 from the previous target of $125. The firm has maintained a Sector Perform rating on the stock.