J.P. Morgan Chase (JPM) falls on profit news
Posted on January 16, 2013 at 10:25 AM EST
Normal 0 false false false MicrosoftInternetExplorer4 Shares of J.P. Morgan Chase & Co. (NYSE: JPM) fell 1.1% to $45.82 after the bank said fourth-quarter profit grew 53% to $5.69 billion, or $1.39 cents a share, on revenue of $23.65 billion. Analysts had expected the bank to earn $1.16 a share on revenue of $24.23 billion, on average. Share volume was 1.6 million, compared to an all-day average of 4.7 million /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;}