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IPFS News Link • Economy - Economics USA

Bailed Out JPMorgan 2Q profit jumps 36 pct, topping forecasts

• AP
JPMorgan Chase & Co. posted a second quarter profit of $2.72 billion, a 36 percent jump that easily surpassed expectations as strength in its core consumer and investment banking businesses offset a jump in credit losses.

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Comment by Powell Gammill
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Reuters:

http://www.reuters.com/article/ousiv/idUSTRE56F25P20090716

 



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