Replies to post #147432 on Tornado Alley (PROG)

[teapeebubbles]

wonder how much $$ 'sorry' is gonna cost the bank?

[F6]

JPMorgan Gains as Net Tops Estimates on Underwriting Fees for Securities
Jul 14, 2011
JPMorgan Chase & Co. (JPM) rose the most in eight months in New York trading after earnings beat analysts’ estimates and revenue unexpectedly climbed on gains from underwriting stocks and bonds.
JPMorgan shares jumped as much as 4.1 percent after the New York-based bank reported its highest half-year profit ever, at almost $11 billion. Second-quarter net income increased 13 percent from a year earlier, to $5.43 billion, or $1.27 a share ...
[...]
http://www.bloomberg.com/news/2011-07-14/jpmorgan-beats-estimates-as-net-rises-13-on-lower-credit-costs.html