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FBN’s Peter Barnes on plans for J.P. Morgan CEO Jamie Dimon to testify before a Senate Panel.
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I'm Peter -- for their Fox Business -- despite the bearish tone on Wall Street today all three major averages posting gains for the week breaking a three week losing streak.
Shares of Chesapeake Energy are on the rise in after hours trading this following news that billionaire investor Carl Icahn has taken -- more than seven and a half percent stake in the energy company.
Icahn is also looking to replace at least four members of Chesapeake sport.
And JPMorgan's chief executive Jamie Dimon is set to testify June 7 here in Washington before a senate panel about the banking giant's recent disclosure.
That -- lost two billion dollars in trading.
Securities and Exchange Commission is also reviewing what JPMorgan told investors about its finances and the risks it took.
Weeks before suffering the loss and that's the latest -- -- Fox Business Network giving you stop power.
