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US STOCKS-Wall St rises as JPMorgan lifts govt debt gloom NEW YORK, July 14 (Reuters) - Wall Street stocks rose on Thursday as higher profit from
JPMorgan (
JPM.N) offset concern after Moody's threatened to downgrade the United States' top credit rating if the federal borrowing limit is not
... read moreJPM Rises on Strong Quarter; Dimon is Combative but Optimistic JPMorgan Chase (
JPM) rode strong investment banking revenues to a solid second quarter earnings report Thursday, beating EPS and revenue expectations and even showing some ability to grow loans.
JPM posted $1.27 in EPS, six cents better
... read moreUS HOT STOCKS: JP Morgan, ConocoPhillips, Southern Union, Marriott (
JPM), ConocoPhillips (COP) and Southern Union Co. (SUG).
JP Morgan Chase's ($40.80, +$1.18, +2.98%) second-quarter profit jumped 13%, as the nation's second-biggest bank by assets posted an unexpected jump on its top line and sharply lower credit-loss
... read more
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