Company News: JPMorgan Chase (JPM) reported weaker than expected fourth quarter profits

Market news

14 January 2015

Company News: JPMorgan Chase (JPM) reported weaker than expected fourth quarter profits

JPMorgan (JPM) earned $1.19 per share in the fourth quarter, missing analysts' estimate of $1.31. Revenue in the fourth quarter fell 2.8% year-over-year to $22.51 billion, missing analysts' estimate of $23.22 billion.

JPMorgan shares decreased to $57.70 (-1.94%) prior to the opening bell, below МА(200) at D1.

Industrial production in the Eurozone rose 0.2% in November

Foreign exchange market. European session: the euro declined against the U.S. dollar after the ruling of European Court of Justice (ECJ) on Wednesday

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