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today and also ahead sheila bair exclusively just to explain why she is calling on jamie dimon to break up jpmorgan chase. we ll talk to miss bair coming up. two-thirds of 1%. nasdaq close but no cigar. down around 2 points. trying to go positive and the s&p and a lot of worries about europe and fiscal cliff in the united states and going into next week, riverfront investment groups and thank you for joining us. how bad was this in terms of the issue on jpmorgan, they are getting rift yet again. what s your take? we look at it as a slightly contrarian fashion. we talked about this a couple of times in the last month. about a month ago investor sentime sentiment went up to levels and it seemed to us and short-term indicators and probably two to pretty close-up port. pretty good support for the market. the long-term average and short-term bounce. i think jamie dimon is terrific fek. i also like sheer sheila bair and i hope they work things out. i respect him a great deal.
instant analysis and reaction. a profit of 56 shares on $9.02 billion in revenue. wall street street, the market is trading lower. dow jones is down and volume is light on the new york stock exchange. nasdaq giving up 4 points. close but no cigar. the close actually traded down at 3,074. s&p down and financials is not the problem. financials up between 1 and 4% on the session. you and headline earnings per share, 62 cents a share versus the estimate of 62 cents a share. looks like a beat on the bottom line but the revenue very much in line with the expectations at $9.00 billion in revenue. the earnings did come in better than expected at 62 cents a share and that compares with the estimate at 56 cents a share. the immediate reaction to the stock happening as i m talking, higher on the knee-jerk reaction of these earnings. other oracle had been higher today and continues on the upside in the extended hours. oracle headlines are out. the company reporting in the third quarter,