Stocks to watch:

Business Latest News: Profit Warning at Thriving Chrysler Unit Hits Fiat

Now watching

Next video starts in : 7 Play

Business Latest News: Profit Warning at Thriving Chrysler Unit Hits Fiat

Business Latest News: Profit Warning at Thriving Chrysler Unit Hits Fiat
Replay video
Up next

Searching for clues for Fed direction

Unlock your personal NFL Now stream by signing in to NFL.com

Business Latest News: Profit Warning at Thriving Chrysler Unit Hits Fiat

by Wochit 1:00 mins

A profit warning from Fiat's U.S. unit Chrysler, which generates most of the group's net income, knocked the Italian automaker's shares lower even though it confirmed combined full-year targets. JPMorgan Chase & Co agreed to pay a civil penalty of $285 million and disgorge $125 million to settle allegations of power market manipulation in California and the Midwest, the latest settlement in a series of high-profile investigations by U.S. federal energy regulators against banks. A $9 billion rights issue and a fresh purge of assets are among the measures Britain's Barclays and Germany's Deutsche Bank announced to meet tougher rules on risk, raising concern among investors that regulators will push other European banks into similar action.

View Comments (8)