After helping prop up Wall Street during the financial crisis, core trading revenue is projected to drop, on average, by as much as 25 percent from the first quarter, according to Credit Suisse research.
Only a few short months ago, JPMorgan Chase traders were on such a roll that they did not have a single losing day in the first quarter.
A company source in Seoul told Reuters that the automaker will announce changes to its engine production in Alabama, while a Hyundai spokesperson said the automaker will not announce more production capacity. Hyundai's U.S. sales are booming, with the Korean firm the fastest growing major automaker in the U.S. market.
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