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0.00116959064327486 -0.00167084377610696 0.00952380952380953 0.0165413533834587 0.0227234753550543 0.00835421888053467 0.0243943191311613 0.0192147034252297
Stock impact report

JPMorgan stock traders notch record revenue on market chaos [BNN Bloomberg (Canada)]

Wells Fargo & Company (WFC) 
Last wells fargo & company earnings: 4/14 07:46 am Check Earnings Report
US:NYSE Investor Relations: wellsfargo.com/about/investor-relations
Company Research Source: BNN Bloomberg
The biggest U.S. bank boosted equities markets revenue 48 per cent to US$3.81 billion, trouncing analysts' expectations as well as the firm's previous stock-trading record set four years ago. Still, Chief Executive Officer Jamie Dimon struck a cautious tone about prospects for the U.S. economy in a statement Friday accompanying the results. “The economy is facing considerable turbulence (including geopolitics), with the potential positives of tax reform and deregulation and the potential negatives of tariffs and ‘trade wars,' ongoing sticky inflation, high fiscal deficits and still rather high asset prices and volatility,” Dimon said in the statement. Follow The Big Take daily podcast wherever you listen. The biggest U.S. bank added US$973 million to the pile of money it sets aside for soured loans, more than the US$290 million analysts had predicted. The larger-than-expected reserve build is the latest sign that companies across America are gearing up for an economic downturn Show less Read more
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