The Nation's Second Largest Bank Reports a Profit
Excerpt from the InvestorGuide.com Stock of the Day on 4/16/2009

JP Morgan has been considered one of the stronger banks during the downturn. The the nation's second largest bank reported its quarterly earnings in which first-quarter net income fell 10% from a year ago on surging credit costs while the investment-banking business reported record results. Losses included $711 million in writedowns on leveraged loans and $214 million on mortgage-related securities. Were gains in the investment banking division enough to offset losses? Was JP Morgan profitable in the first quarter and were these earning in line expectations? More >

JPMorgan Chase Mops Up Another Financial Mess
Excerpt from the InvestorGuide.com Stock of the Day on 9/26/2008

With legislatures arguing on Capitol Hill over the $700 billion bailout, JPMorgan Chase has yet again stepped in to help clean up some of this financial mess. In the largest bank seizure in American history, Washington Mutual (WM: Charts, News, Offers) was taken over by the federal government Thursday night and quickly sold to JPMorgan for $1.9 billion. This marks JPMorgan Chase's second acquisition of a major financial institution crushed by bad bets on mortgages this year. With the deal, JPMorgan will take on $31 billion in writedowns and will sell common shares to raise new capital. Will this acquisition prove to be another shrewd move for JPMorgan? Or has the now second-largest US bank mopped up more mess than it can handle? More >

JPMorgan Acquires Bear Sterns for $2 a Share
Excerpt from the InvestorGuide.com Stock of the Day on 3/17/2008

The big news at the end of last week was that JPMorgan Chase & Co. was somehow going to save Bear Stearns Cos. (BSC: Charts, News, Offers). The details weren't yet known. But the deal was finalized over the weekend, and now everyone is analyzing the outcome. JPMorgan has agreed to acquire Bear Stearns for an amazingly low amount. This is great news for JPMorgan, they're getting quite a bargain; but why does this news worry Wall Street so much? Will this help or hurt the current credit crisis and economic fears? More >

JP Morgan Profit Down 34%; Looking for Acquisitions   1/16/2008

J.P. Morgan's bottom line up 78%   10/19/2005