Roundup of world financial, banking and stock market news.

Friday, 15 January 2010

US STOCKS-JPMorgan, consumer sentiment batter market


WRAPUP 5-U.S. inflation tame, industrial output rises


US STOCKS-Wall St stumbles on JPMorgan, economic data


Kraft s Rosenfeld seen raising Cadbury bid


GLOBAL MARKETS-JPMorgan results hurt stocks; dollar gains


GOP, Dems in "Death Embrace": U.S. Budget "About to Go Off a Cliff," Cal Prof Says


Raise taxes or cut spending?�� Washington must take action on both fronts to curb U.S. debt or run the risk of a dollar crisis, according to a report by the Committee on the Fiscal Future of the United States, a panel of bipartisan experts. ...

JPMorgan Earnings Blow Past Expectations, Revenue Looks Light, Consumer Lending Still Very Ugly


From The Business Insider, Jan. 15, 2010:And they're out.
EPS of $.74 per share blew past estimates of $.61 per share. But revenue of $25.2 billion may be a bit light.
Analysts had been looking for $26.8 billion.
The