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To: pallmer who wrote (4486)	1/2/2003 9:56:06 AM
From: pallmer	Read Replies (1) of 29599

-- J.P. Morgan stock halted, bank declines comment -- NEW YORK, Jan 2 (Reuters) - J.P. Morgan Chase & Co. Inc. <JPM.N> shares, including its preferred stock, were halted ahead of the release of news on Thursday, but the No. 2 U.S. banking company declined to comment on the reason. The halt in trading came as a jury was scheduled to weigh whether a group of insurers owed the bank nearly $1 billion to cover losses from complex financings deals arranged with bankrupt energy trader Enron Corp. <ENRNQ.PK>. The bank's common shares last traded at $23.66. ((Reporting by Mary Kelleher, editing by Gerald E. McCormick;Reuters Messaging: mary.kelleher.reuters.com@reuters.net; +646-223-6123)) (C) Reuters 2003. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world. nN02374285 Symbols: US;JPM US;ENRN 02-Jan-2003 14:53:39 GMT Source RTRS - Reuters News

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