JP Morgan (JPM) Plans to Cut 4,000 Jobs
February 27, 2013- One of America’s largest banks, JP Morgan (JPM), has announced its plans to eliminate four thousand jobs as part of a cost-cutting plan that has been in effect for some time now. M...
Tag Archives: profit
Apple Does Not Meet Forecast
July 25, 2012- Apple, Inc. reported its third quarter results on Tuesday. Sales were up by 24% from the same quarter last year and profit was up by 21% from a year ago. Nevertheless, the tech giant d...
Gene Therapy Backed By European Agency
July 22, 2012- Following over 20 years of setbacks, gene therapy seems near to reaching a huge milestone: approval by a regulatory agency. Gene therapy has been recommended for approval by the Europ...
Profit at Bank of America Hit By Mortgage Claims
July 19, 2012- The results for the second quarter at Bank of America were marred due to a record number of claims for refunds from faulty mortgages. This has cast doubt as to whether the lender will ...
Car Sales In U.S. Increased In June
July 4, 2012- Chrysler and General Motors reported sales growth of double digits for new vehicles during June. The auto industry was aided by steady demand and lower prices for gasoline. On Tuesday, ...
Profit At Facebook Slips
April 24, 2012- On Monday, Facebook announced it earnings for the first quarter and revenue was down from the last quarter of 2011, while increased spending on product research and marketing ahead of...
