Expectations
JP Morgan reported their widely anticipated earnings Friday and the losses from the London Whale trading fiasco were huge. The firm had initially pegged the losses at $1 to 2 billion but the quarterly report showed the total has bulged to $5.8 billion. And according to the CFO there may be additional losses of $700 .. read more
On July 15th, 2012,
posted in: Economy, Investing, Markets, Stocks by Joseph Y. Calhoun Tags: china gdp, europe industrial production, J.P. Morgan, jobless claims, market sentiment, Wells Fargo
