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Market Currents

Thursday, July 17, 2008
6:58 AM TweetThis
  • JP Morgan Chase (JPM): Q2 EPS of $0.54 beats by $0.10. Revenue of $18.39B vs. consensus of $16.55B. $1.1B of markdowns. Shares +5%. [PR]
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Latest StockTalks
  • Thomas Pan: This year, all the GSEs, such as FNM and FRE, combined have funded 90% of the mortgages. How long could it last?
    14 minutes ago
  • Thomas Pan: Sam Zell hopes to pick up properties at just 40 to 50 cents on the dollar oand expects the price to drop another 30%. SRS IYR URE
    30 minutes ago
  • Thomas Pan: Sam Zell, known for decades as the "Grave Dancer" for buying commercial properties at cycle bottoms, ain't ready for play yet. SRS IYR URE
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