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Tag Archives: loss

GenVec’s loss increases in 4th quarter

GenVec Inc., of Gaithersburg, a biopharmaceutical company developing novel gene-based drugs and vaccines, reported a fourth-quarter net loss totaling $3.2 million, or 26 percent more than the net loss of $2.5 million it reported in the 2011 quarter.

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Key Republican: JPMorgan $2B loss raises questions

WASHINGTON — A key House Republican says the $2 billion trading loss at JPMorgan Chase raises critical questions about how banks control their risks. But Republican lawmakers rejected calls from Democrats for stricter regulation. Rep. Shelly Moore Capito, R-W.Va., chairman ...

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How will JPMorgan’s $2B loss affect banking rules?

WASHINGTON — The $2 billion trading loss at JPMorgan Chase has renewed calls for stricter oversight of Wall Street banks. Two years after Congress passed an overhaul of financial rules, many of those changes have yet to be finalized. JPMorgan’s ...

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