Neither party would disclose the purchase price, but Chase announced that it would make about $100 million on the deal.

Last summer, Chase announced a $300 million cost-reduction effort that cut about 5,000 workers.

Chase announced a 26 percent decline in third-quarter operating earnings, which was far below what analysts had expected.

But inside, after Chase announced big job cuts, it was grim.

Last year, Chase announced that it was looking for one million square feet of office space in Manhattan and elsewhere.

Within a month Chase announced that construction was to begin on a large phosphate port at Milldale.

Analysts said Chase would soon announce poor second-quarter earnings.

At the time, Chase announced that 100 branches would close as a result, and most of the closures have been completed.

"The boundary," Chase announced, holding his arm out at the introduction.

Chase announced third-quarter operating earnings of $905 million, or 68 cents a share.