This morning, JP Morgan (NYSE:JPM) reported fourth quarter earnings of $5.28 billion, or $1.30 per share, sending the stock higher in early trading. Excluding one-time items, the company would have earned $1.40 per share, topping Wall Street estimates. JP Morgan detailed a number of one-time charges that impacted earnings, including gains on the sale of One Chase Manhattan Plaza, the sale of Visa (NYSE:V) stock and legal expenses related to Madoff settlement. In early trading, shares of JP Morgan were higher by 0.7% so far.
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