JP Morgan Won’t Raise Its Dividend Because of Reform
April 14, 2010 at 11:04 AM EDT
JP Morgan (JPM) kicked off the first quarter earnings season for major financial stocks, and it reaffirmed our opinion that it is crème of the crop. Net income jumped 57% in the quarter to $3.3 billion or $.74 per share, which compares favorably to analysts’ estimates of $.64 per share and profits from the [...]