JPMORGAN CHASE & CO NEWS & INFORMATION
Monday, January 05, 2009
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LATEST JPMORGAN CHASE & CO NEWS:

JPMorgan Chase & Co. Tumbles 4 Percent as Deutsche Bank Slashes Forecast
JPMorgan Chase & Co. (JPM: sentiment, chart, options) is weighing heavy on the Dow Jones Industrial Average today, with the bank down 4% following a bearish note from Deutsche Bank...( Read More )

JPMorgan Chase Announces Conference Call To Review Fourth Quarter 2008 Earnings
NEW YORK----JPMorgan Chase & Co. will host a conference call to review fourth quarter 2008 financial results on January 21, 2009 at 9:00 a.m. . Fourth quarter financial results are currently scheduled to be released at 7:00 a.m. on January 21, 2009.

Ahead of the Bell: Analyst cuts JPMorgan estimates
Deutsche Bank analyst Mike Mayo late Sunday cut his 2009 profit estimate on JPMorgan Chase & Co., forecasting higher loan losses across a number of portfolios.

Non-Agency Mortgage Bonds Rallied as Rates Declined (Update1)
Jan. 5 (Bloomberg) -- U.S. mortgage bonds without government support rose last month, as lower home-loan rates boosted investor demand. Securities initially rated AAA and backed by prime- jumbo mortgages with five years of fixed rates climbed 5 cents on the dollar in December to 75 cents, according to JPMorgan Chase & Co. data.

Wachovia equity executive leaving
A high-ranking executive in Wachovia Corp.'s corporate and investment banking unit, now part of Wells Fargo & Co., is leaving to start a hedge fund, a source familiar with the situation said. Quinten Stevens, head of the bank's equity division, was a high-profile hire from JPMorgan Chase in 2005. The bank confirmed his departure today but declined further comment. Stevens, who was based in ...

U.S. Stocks Retreat on Earnings Concern; AT&T, JPMorgan Decline
Jan. 5 (Bloomberg) -- U.S. stocks fell for the first time in four days on concern that a slump in corporate profits will stretch into 2009, overshadowing speculation the government will revive the economy with tax cuts.

U.S. Stocks Retreat on Earnings Concern; AT&T, JPMorgan Fall
Jan. 5 (Bloomberg) -- U.S. stocks fell for the first time in four days as concern that a slump in corporate profits will stretch into 2009 overshadowed speculation the government will revive the economy with tax cuts.