May 11, 2012 JPMorgan's losses are being attributed to a London trader named Bruno Iskill, also known as the London Whale.
May 10, 2012 On what were essentially bad and risky bets made by the bank. Still, CEO Jamie Dimon tried to play down the situation in today's conference call.
May 9, 2012 Kate Warne, investment strategist at Edward Jones, discusses why profits are up at Macy's given all the things weighing on consumers, and the latest earnings from Toyota and Disney.
Stacey Vanek Smith
May 4, 2012 Mark Zuckerberg wasn’t there, but JPMorgan flew a Facebook flag as executives visited the bank’s headquarters ahead of Facebook’s IPO.
Apr 24, 2012 Later today we'll find out how Apple did over the last few months. And given the recent drop in Apple's stock price, there are questions about whether the company can remain the juggernaut that it's been.
Apr 19, 2012 The corporate earnings reports are flooding in this morning, with companies like Southwest Airlines and Verizon telling us how they did in the first part of this year. In recent quarters, companies have padded their profits by cutting costs.
Apr 19, 2012 Big banks and other companies are reporting their earnings for the first three months of the year. What do they mean for the year ahead?
Apr 13, 2012 The two major banks beat expectations with JPMorgan reporting a $5.4 billion profit last quarter, and Wells Fargo making a $4.2 billion profit. Both said an uptick in mortgage lending helped their bottom lines.
Apr 10, 2012 With some tough economic news in the last week or so with the jobs report, and today some evidence of a slowdown in China, Wall Street is anticipating modest reports from corporations.
Heidi N. Moore
Mar 13, 2012 Turns out American banks are in a much better position financially than we thought.