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Monday, January 21, 2013

JPMorgan's net profit surges 54%.

JPMorgan Chase's (JPM) Q4 net income jumped 54% to $5.7B as EPS of $1.39 beat consensus but a revenue increase of 10% to $24.4B missed forecasts. JPMorgan has also released internal reports about its $6.2B Whaling Loss. Shares were -0.2% premarket.

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