Samstag, 15. Januar 2011

JPMorgan Chase's income jumps 47 percent (AP)

In this photo taken Jan. 5, 2011, a mural of a small town is shown at Chase bank in Santa Cruz, Calif. JPMorgan Chase & Co. (NYSE: JPM) today reported fourth-quarter 2010 net income of $4.8 billion, an increase of 47% compared with $3.3 billion for the fourth quarter of 2009.  (AP Photo/Paul Sakuma)AP - JPMorgan Chase & Co. pleased investors Friday with news that it will raise its dividend soon, pending approval from the Federal Reserve. The bank also reported that its income jumped 47 percent in the final three months of 2010 as fewer customers defaulted on their loans.


Source: http://us.rd.yahoo.com/dailynews/rss/earnings/*http://news.yahoo.com/s/ap/20110114/ap_on_bi_ge/us_earns_jpmorgan_chase

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