Rochester, NY 7/13/2009 10:11:53 PM
Stock Exchange News - JPM - The 1st Update of Barclays lowers 2nd Quarter outlook for Citigroup & JPM - Sourced WhisperFromWallStreet.com
JP MORGAN CHASE CO
COMPANY - JP MORGAN CHASE CO, JPM
NEWS - JPMorgan Chase & Co's and Citigroup Inc's second-quarter results will likely be hurt by the Federal Deposit Insurance Corp's special assessment fee and other one-time charges, said Barclays Capital, which lowered its estimates for the banks.Analyst Jason Goldberg, however, raised his quarterly profit view for Bank of America to 10 cents a share from breakeven, on better-than-expected capital markets results and continued strength in mortgage banking.
ABOUT - JPMorgan Chase & Co., a financial holding company, provides a range of financial services worldwide. It operates in six segments: Investment Bank, Commercial Banking, Treasury & Securities Services, Asset Management, Retail Financial Services, and Card Services.
Real-Time: 33.10 Up 0.76 (2.35%) 10:38AM ET
Last Trade: 32.98
Day's Range: 32.43 - 33.43
52wk Range: 14.96 - 50.63
Volume: 11,231,642
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