Quarterly Profit, Third Quarter | featured news

Finally moving beyond a trading debacle that has stained his once-stellar reputation, Jamie Dimon, JPMorgan Chase’s chief executive, on Friday trumpeted a strong quarter of earnings stemming from a surge in mortgage lending.

MasterCard Inc reported sharply higher third-quarter profit on Wednesday, easily beating Wall Street estimates on double-digit increases in volumes.

Chinese search engine Baidu reports an 80% surge in profits for the third quarter, boosted by increased advertising sales.

Fiat-Chrysler's third-quarter trading profit was well above forecasts at 851 million euros, with U.S. automaker Chrysler contributing as much as two-thirds of it and helping offset weak European sales.

General Electric Co reported an 18 percent rise in quarterly profit that met Wall Street's expectations, as revenue rose across its big energy, aviation, healthcare and transportation arms.

Though it has resisted the slump better than most oil companies, Exxon’s profit fell 68 percent in the quarter.