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JPMorgan Chase Earns 19 Percent Less to Start the Year
Businessweek JPMorgan Chase (JPM), the largest but no longer the most profitable U.S. bank, announced a 19 percent decline in first-quarter earnings this morning, with weaker income from trading and sluggish mortgage activity. Shares fell as much as 3.7 percent in … Stocks: Heading for the exits US stocks drop; Nasdaq's first close under 4000 since February Stocks Slide For Second Day, Nasdaq Off 1% |