For those of you who are superstitious, Friday the 13th is not your lucky day. As for business owners, studies suggest a total loss of $800 million in productivity in the United States on today's date.
But for those of you following the stock market, today might just be your lucky day, with JPMorgan Chase & Company reporting second quarter earnings per share of $1.21, way ahead of the Zacks Consensus Estimate of 78 cents.
JPMorgan's better-than-expected earnings signal good going by the sector. A marked recovery of the bond and equity market and the consequent strong performances by its business segments, which helped JPMorgan overcome its difficulties to a great extent, should lift the results of other mega banks during the quarter.
There's more good news. ABC reports that the Pasadena, Calif., Humane Society and SPCA will launch a campaign to encourage prospective pet owners to adopt black cats, the notoriously unlucky symbol of Friday the 13th. Starting today, adoption fees have been dropped to $13, including a spay and nueter, microchip, the first set of vaccines, and the health visit.
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