JPM Beats Profit Estimates on Mortgages, Trading

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Oct. 12 (Bloomberg) -- Bloomberg's Scarlet Fu reports that JPMorgan Chase & Co. posted a third-quarter profit that beat analysts’ estimates on gains from mortgages and trading. Net income rose 34 percent to $5.71 billion, or $1.40 a share, from $4.26 billion, or $1.02, a year earlier. She speaks on Bloomberg Television's "Bloomberg Surveillance."

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