Jpmorgan chase Stories
Pre-Market Movers (Barclays, ING Groep, JPMorgan, France Telecom, Advanced Micro Devices, Infosys, Kinder Morgan, Arch Coal)
Barclays Plc, ING Groep N.V, JPMorgan Chase & Co, France Telecom SA, Advanced Micro Devices, Infosys Ltd, Kinder Morgan Inc and Arch Coal Inc. are among the companies whose shares are moving in pre-market trading Friday.
Earnings Preview: JPMorgan Expected To Report Big Boost In Profits, If It Can Avoid the Whale
JPMorgan Chase & Co. (NYSE:JPM) could get a big boost from capital markets activity this quarter. But dangers lurk.
Pre-Market Movers (Deutsche Bank, Anheuser-Busch, ON Semi, Alcatel, Groupon, Silver Standard, JPMorgan Chase, Rio Tinto)
Deutsche Bank AG, Anheuser-Busch InBev NV, ON Semiconductor Corp, Rio Tinto, Alcatel Lucent SA, Groupon Inc, Silver Standard Resources and JPMorgan Chase & Co. are among the companies whose shares are moving in pre-market trading Tuesday.
Is US Housing Sector Recovering? A Preview Of Wednesday's 3 Big Reports
Three key U.S. housing reports Wednesday are expected to show small improvements in the market.
South Africa Mining Strikes Spread
The world's second-largest platinum producer said striking South African miners are demanding another 8 to 10 percent pay hike like the one they received in April that ended a six-week strike.
R. Kelly Tax Woes Continue: Chicago Crooner Owes Over $6M To IRS
R. Kelly's tax woes are continuing, with the Chicago crooner now owing Uncle Sam more than $6 million.
Costco's Shares Touch Record High After Founder Lauds Obama
Costco Wholesale Corporation (NASDAQ: COST) stock price touched an all-time high on Thursday, a day after co-founder and former CEO James Sinegal addressed the Democratic National Convention.
Thursday Meeting Preview: ECB's Draghi To Push Paradox Of Monetization On Reluctant Germans
Late Monday, word leaked out that Draghi is now saying the ECB should pursue a policy of monetizing sovereign debt of periphery countries -- that is, printing reams of new euro to buy bonds issued by those governments -- even though such a policy path exceeds the central bank's mandate and has been adamantly opposed by the German political establishment.
Two Years Later, Dodd-Frank Is Only Half Finished
The Dodd-Frank Act was passed in 2010 to rein in the Wall Street excesses that led to the financial crisis, but the massive law is only around half complete, according to the Financial Services Committee's Dodd-Frank Burden Tracker.
Corporate Debt Issuance In August Sets Record, Analysts Warn Of Junk Bonds
This month has been the busiest August on record for global corporate bond issuance as low-risk free yields on government bonds pushed investors to find better returns in corporate credit.
How Much Will Libor Suits Cost Banks?
Banks involved in London interbank offered rate benchmark, or Libor, manipulations could be liable for billions of dollars in lawsuits from a slew of financial firms and investors who were affected by the distortions, according to reports.
Facebook IPO: ‘Social Media’ Becomes Anti-Social For Investors
The good news for investors in Facebook (Nasdaq: FB), the No. 1 social networking site, is that the shares didn’t set a new, post-initial public offering low on Wednesday. But they have come close, trading as low as $18.96 before recovering to $19.40, up 24 cents in late trading.
Bank Of America Exits Debt-Protection Products Amidst Industry Scrutiny
Bank of America Corp. (BAC) discontinued credit protection services to customers as it came under scanner for allegations of customer enrollments through improper practices and charging customers without consent. A class action suit is reportedly pending against BAC on the issue.
Facebook Plunges To Latest Record Low After Lockup Ends
Shares of Facebook (Nasdaq: FB), the No. 1 social networking site, fell to a new record low of $19.01 in midday Friday trading, a day after insiders were allowed to sell as many as 241 million shares they had been required to hold since the May 17 initial public offering.
Gold's Value Up For Europeans As Exchange Deems Bullion Collateral
European investors looking to bet on risky derivatives will be able to use gold to back their trades, one of the Continent's major exchanges said Friday, a development that could both make the yellow precious metal a more valuable asset and foster the growth of derivative trading volume.
U.S. Widens Libor Rate Fixing Probe, Seven Banks Subpoenaed
Deutsche Bank, Barclays, JPMorgan Chase, RBS, HSBC, UBS and Citigroup have all received subpoenas, related to the joint New York-Connecticut investigation of possible manipulation of the London Interbank Offered Rate (Libor)
JPMorgan’s 'London Whale' Trading Blunder Didn’t Scare Away All Money Managers
JPMorgan Chase & Co. (NYSE: JPM)'s multibillion-dollar "London Whale" trading mess sent some well-known money managers running for the exit, but new regulatory filings show that several big hedge-fund players loaded up on JPMorgan as they saw the stock's 22 percent drop in the second quarter as a buying opportunity.
Facebook Fraud Trial? Not Until Year-end At Earliest, Experts Say
Any trial in U.S. District Court of the more than 50 shareholder lawsuits alleging fraud by Facebook (Nasdaq: FB), the No. 1 social networking site, and its underwriters could be as much as five months away, lawyers said.
Bank Of America Sells Merrill Unit To Julius Baer - A List Of Assets Sold Since 2011
Bank of America Corp. (NYSE: BAC), the lender divesting assets to raise capital, said Monday it has agreed to sell Merrill Lynch's International Wealth Management business outside the U.S. to Swiss private bank Julius Baer Group Ltd.
Samsung Galaxy S3 Releases With Battery Issues: How To Fix The Drain Problems And Find Out If Your Device Is Affected
Samsung's Galaxy S3 has become one of the leading smartphones on the market, hitting the 10 million-unit sales mark in less than two months after its launch. Although the device has been dubbed as the Korea-based company's flagship smartphone of 2012, it does come with its share of issues.
BlackBerry Investor Backs IBM Bid; Values RIM Assets At $9.6B
BlackBerry investor Victor Alboini said he welcomed a bid for Research in Motion's enterprise business by IBM, saying it would greatly enhance value of an undervalued asset.
IBM Eyeballing Bid for BlackBerry Developer RIM: Report
BlackBerry developer Research in Motion (Nasdaq: RIMM) has been approached by International Business Machines Corp. (NYSE: IBM) about a possible sale of its enterprise services unit, Bloomberg News reported, citing two insiders.
US Regulators Tell Big Banks To Develop Collapse-Prevention Plan: Reuters Exclusive
U.S. regulators directed five of the country's biggest banks, including Bank of America Corp and Goldman Sachs Group Inc, to develop plans for staving off collapse if they faced serious problems, emphasizing that the banks could not count on government help.
Peregrine Semiconductor Shares Jump 7% In IPO, Reversing Facebook Jinx
Shares of Peregrine Semiconductor Corp. (Nasdaq: PSMI) jumped 7 percent to $15 a share as they started trading the first time as a public company. Peregrine becomes the third technology initial public offering in a month to rise at the opening of trade, jn contrast to the May 18 IPO of Facebook (Nasdaq: FB), the No. 1 social networking site.
Peregrine Semiconductor Resumes Tech IPO Parade After Facebook's Fiasco
Peregrine Semiconductor, which has sold more than a billion high-frequency chips to the mobile industry in the past five years, raised $77 million in its IPO on Tuesday and plans to start trading Wednesday, the latest technology IPO since the Facebook fiasco.
Standard Chartered Sparks Scrutiny of India Offshoring
Offshoring of back-office work to India, a trend among banks and accounting firms, came under new scrutiny with allegations that Standard Chartered Plc moved compliance oversight work dealing with Iranian banking transactions to India to avoid U.S. regulators.
Knight Capital Being Saved By Very People It Tried to Screw Over
There's one developing storyline in the saga of Knight Capital Group Inc., the Wall Street market maker that lost more than $440 million Wednesday when an automated trading program it had just installed went berserk, that's not being talked about: It is being propped up by the very people it tried to screw over.
Treasury To Sell $4.5 Billion In AIG Stock, Taxpayers Will Still Own A Majority Stake
The U.S. Treasury Department on Friday said it plans to sell $4.5 billion in American International Group Inc. (NYSE: AIG) shares, further cutting its ownership stake in the bailed-out insurer.
Bank Stocks Throw a Party But Forget To Invite JPMorgan
Shares of U.S. banks of all sizes and specialties rose Friday over 3 percent, handily beating the performance of the wider stock market, which itself was in a head-first rally following a week of disappointing news. But there was one big exception to the equity party: megabank JPMorgan Chase and Co. (NYSE:JPM), which looked poised to underperform its peers in late-afternoon trading.
July Employment Report Sparks Risk-On Sentiment In Markets
The U.S. government's report Friday that 163,000 jobs were created last month, far more than expected, sparked a risk-on sentiment among investors.