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Tag Archives: Second Quarter

Chase and Wells Fargo Earnings Statements Indicate Strong Q2 Results

Both JPMorgan Chase and Wells Fargo posted strong financial results in the second quarter, with Chase experiencing a 5 percent jump in net income, according to earnings statements released by both banks on Tuesday. Chase's Q2 net income of $6.29 billion represented an increase of 5 percent from the same quarter a year ago, while the New York-based bank's period-end balance sheet was down $123 billion in the second quarter.

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Report Finds Investors Prefer Flipping Properties over Renting

Investors bidding on properties online and at live events nationwide appear to prefer flipping these purchased properties more than renting them. Auction.com recently revealed the findings from its second quarter 2015 Real Estate Investor Activity Report, a nationwide survey of real estate investors.

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