MSM: JPMorgan profits surge six fold

(CNN) – JPMorgan Chase’s profits increased more than six fold in the latest quarter, the company said Wednesday, allowing the bank to handily beat Wall Street estimates. Continue reading

MSM: Exxon Mobil sets record with $45.2 billion profit

Exxon Mobil Corp. on Friday reported a profit of $45.2 billion for 2008, breaking its own record for a U.S. company, even as its fourth-quarter earnings fell 33 percent from a year ago. Continue reading