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Reuters: JPMorgan sells $10 billion shares, faces Q3 loss

Started by chris, September 27, 2008, 07:00:44 PM

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chris

JPMorgan sells $10 billion shares, faces Q3 loss
      


NEW YORK/SEATTLE (Reuters) - JPMorgan Chase & Co  capped off its purchase of Washington Mutual Inc  on Friday by selling $10 billion of stock, more than it expected, while analysts warned the company faces a third-quarter loss.
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