JPMorgan Chase Profit Rises 20 Percent
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The good news is that JPMorgan Chase & Co. said Wednesday that second-quarter profit jumped 20 percent, as the nation's third-largest bank collected more investment banking fees than ever.
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Citigroup Inc. , the largest U.S. bank, said on Friday that strong international growth fueled a higher-than-expected 18 percent increase in quarterly profit.
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J.P. Morgan Chase & Co. JPM.N, the  No. 2 U.S. bank, said  on Wednesday profit fell in the third  quarter, missing analyst expectations, as a result of costs  from its July merger with Bank One Corp. and lower fixed-income  revenues.
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Goldman Sachs Group Inc. GS.N on  Thursday said fourth-quarter profit rose 23 percent as its  fixed-income, currency and commodities business soared while a  rebounding stock market boosted investment banking.
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Excluding the one-time items, earnings per share more than doubled at the publisher as revenue rose nearly 20 percent.
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U.S. investment bank Lehman Brothers  Holdings Inc.  on Thursday said its fiscal  fourth-quarter profit rose 22 percent on increased income from  mergers, offerings and trading.
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NEW YORK -- Citigroup Inc., the biggest U.S. bank, said Friday its second-quarter profit rose 18 percent after pulling in record revenues, driven largely by strength in overseas operations.
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Lehman Brothers Holdings Inc.  on Tuesday said quarterly profit rose 27 percent, beating expectations, on surging revenue from bond underwriting and stock trading.
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Defense contractor General Dynamics  Corp. GD.N on Wednesday said quarterly earnings rose 20  percent, helped by sales at its Gulfstream jet business.
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Morgan Stanley MS.N on Wednesday   said third-quarter earnings soared 59 percent, trouncing   expectations, as the largest U.S. investment bank posted strong   trading and banking gains despite a summertime slowdown in the   markets.
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Bank of New York Co. BK.N, which  operates the oldest U.S. bank, on Wednesday said third-quarter  profit rose 36 percent, helped by cost-cutting in what it  termed a weak capital markets environment.
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The Target Corporation said today its quarterly profit rose almost 18 percent, helped by its credit card business and strong sales at established stores.
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JPMorgan Chase & Co.  said on Wednesday it tripled the amount it set aside for loan losses as home equity borrowers missed payments, hurting the bank's second-quarter net income growth.
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Transportation services giant United Parcel Service Inc. said Thursday that third-quarter earnings rose 20 percent year-over-year, on a nearly 8 percent rise in worldwide sales.
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Morgan Stanley MS.N on Wednesday   said quarterly earnings rose on strong trading and merger   activity, as the largest U.S. investment bank continued its   turnaround from a tumultuous 2005.
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US investment bank Lehman Brothers Holdings Inc. (LEH.N: Quote, Profile, Research) on Wednesday said fourth-quarter profit rose 22 percent on continued strength from fixed-income
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U.S. Bancorp USB.N, the No. 6 U.S.  bank, on Thursday said third-quarter profit rose 12 percent,  helped by growing income from fee-based products and services  and a decline in bad loans.