Jpmorgan chase Stories
French, Germany Consumer Confidence Holding Up -- A Dangerous Sign of Euro Zone Crisis Fatigue?
French and German consumer confidence showed unexpected strength, reports showed Friday. While the market is cheering about the good news, some economists view this as a warning sign of a euro zone crisis fatigue - something that is as dangerous, if not more so than the crisis itself.
Facebook Shares Drop Again On New Probes Despite Morgan Stanley Investor Pledges
Shares of Facebook (Nasdaq: FB), the No. 1 social network, fell 3.4 percent again Friday, a week after their disastrous debut in their initial public offering.
Are Record-Low Mortgage Rates Hurting The US Housing Market?
U.S. mortgages rates have dropped to record lows for four consecutive weeks, but that doesn't mean more homes will be sold. In fact, at least one housing expert argues that extremely low rates are causing banks to be even more stringent with underwriting approvals, turning away more prospective buyers and hurting the national housing market.
Facebook's Shares Recover, But IPO Wounds Fester
Shares of Facebook (Nasdaq: FB), the No. 1 social network, rose $1.03 to close at $33.03 on Thursday. A week ago, they were priced at $38 for the IPO.
How Much Did Facebook?s Bankers Rake In For The Mega-IPO?
Facebook (Nasdaq: FB), the No. 1 social network, didn?t just set records for enriching inside investors like CEO Mark Zuckerberg, COO Sheryl Sandberg, Accel Partners and Digital Sky Technologies. Underwriters fared very well.
How?s Facebook Faring On Thursday?
Shares of Facebook (Nasdaq: FB), the No. 1 social network, are up six cents to $32.06 in late morning trading on Thursday.
JPMorgan Losses Give Boost To US Sen. Sanders' Bank Bill
The recent multibillion-dollar trading loss suffered by JPMorgan Chase & Co. (NYSE: JPM), the country's largest bank by assets, has strengthened the case against letting bank executives serve as directors of Federal Reserve regional banks and thus regulating themselves, policy makers say.
Facebook Shares Rise 3% Despite Subpoenas, Lawsuit, Complaints About IPO
Shares of Facebook (Nasdaq: FB), the No. 1 social network, rose nearly 5 percent Wednesday despite continuing fallout from its May 17 initial public offering.
European Stocks Boosted By Positive Outlook: Daily Markets Wrap
Comments regarding a rebound in the Chinese economy from the Organization for Economic Cooperation and Development lifted stocks earlier Tuesday and kept Asian and European bourses in the green. The comments came after Chinese Prime Minister Wen Jiabao said last weekend his government would focus more on growth than inflation.
Facebook Shares Recover After 9% Plunge But Fall Again
Shares of Facebook (Nasdaq: FB), the No. 1 social network, kept falling Tuesday, three business days after its $16,7 billion initial public offering.
JPMorgan Cancels Share Buybacks Amid Regulator Heat
JPMorgan Chase & Co. (NYSE: JPM) suspended its share-buyback program on Monday, a move CEO Jamie Dimon said was intended to preserve capital.
JPMorgan Suspends Buybacks, Maintains Dividend
JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said on Monday that the bank had suspended repurchases of its stock, but is maintaining its dividend, while working down losing trades in credit derivatives.
Facebook IPO: Now That You Own Shares, 3 Key Signs To Look For
Shareholders of Facebook (Nasdaq: FB), the No. 1 social network, are set to get the shares Tuesday, following Friday?s tumultuous first sales after the $16 billion initial public offering.
JPMorgan Chase's $2B Bug: How Lyme Disease Sickened The Banking Industry Titan
Two extensive media reports trace the deterioration of JPMorgan Chase & Co.'s once-disciplined corporate culture and its aftermath. They lay bare a top-down hierarchy characterized by misplaced trust and growing hubris that fueled a power struggle during a leadership vacuum.
Technology Focus: Facebook IPO Boosts Its Cash; Now What?
One value of going public for any company is to raise cash as well as mint new shares for acquisitions. Facebook (Nasdaq: FB)?s $16 billion initial public offering was no exception.
Mark Zuckerberg Celebrates Facebook IPO With Employees As Nasdaq Starts Trading Shares [PICTURES]
Well, THAT just happened. The world's most dominant social network, touting some 900 million worldwide users, made its Wall Street debut from home Friday, as Mark Zuckerberg and co. opted to celebrate the beginning of a more open and connected Facebook from the company's headquarter's in Menlo Park, Calif.
Facebook IPO: Biggest Tech IPO Ever Soars 10% But Closes With A Whimper
Shares of Facebook (Nasdaq: FB), the No. 1 social network that raised $16 billion in its initial public offering, the biggest in Internet history, soared more than 10 percent but closed up by only a fraction.
Facebook IPO: Watch Mark Zuckerberg Ring The Nasdaq Bell Live Online
The moment is finally here: Facebook, the world's most dominant social network with 900 million-plus users, is finally ready to make its Wall Street debut. Zuckerberg will ring the opening bell at 9:30 a.m. ET, but since he will be broadcasting from Facebook remotely, NASDAQ has provided a way to watch all the proceedings occur live.
Facebook IPO: After The Billion Dollar Flotation, More Acquisitions And A Richer Zuckerberg
It's Friday, May 18 and the world's largest social network, Facebook Inc., enters the market raising a whooping $16 billion in one of the biggest initial public offerings in the US history. What makes it even more eye-popping is the amount the company is now valued at - $104.2 billion.
Pre-Market Movers (Osiris Therapeutics, Morgan Stanley, Salesforce.com, First Solar, Banco Santander, ACADIA, Aruba Networks, Carnival Corp.)
The companies whose shares are moving in pre-market trading on Friday are: ACADIA Pharmaceuticals, Osiris Therapeutics, Morgan Stanley, Salesforce.com, Banco Santander, First Solar, JPMorgan Chase, Aruba Networks, Tata Motors and Carnival Corp.
JPMorgan's Dimon Says He'll Testify Before Congress
JPMorgan Chase & Co Chief Executive Jamie Dimon has agreed to testify before Congress over the bank's recent trading losses, which have ignited a political debate over whether large U.S. banks need to be reined in by regulators or new laws.
Facebook Prices IPO Shares At $38; Values Company At Record $104 Billion
Facebook (Nasdaq: FB), the No. 1 social network, raised $16 billion in its initial public offering, the biggest in Internet history, valuing its shares at $38.
Spain, Greece Spur Fear, Boosting US Dollar, Bonds: Daily Markets Wrap
European stocks lost big Thursday as Greek banks were cut loose from European Central Bank support and Spain's borrowing costs kept skyrocketing. The head of the International Monetary Fund, Christine Lagarde, also warned today of the extremely expensive consequences of Greece leaving the currency bloc.
US Senate Banking Committee To Ask Dimon To Testify
JPMorgan Chase & Co Chief Executive Jamie Dimon will be invited to testify before Congress over the recent trading losses announced by the bank, U.S. Senate Banking Committee Chairman Tim Johnson said in a statement on Thursday.
29 Largest Banks May Need $566 Billion More For Basel III: Fitch
The world's 29 largest banks will need an extra $566 billion to comply with Basel III capital rules by the end of 2018, which could dampen their ability to increase dividends and buy back shares, according to Fitch Ratings.
Facebook IPO: How To Buy Stock Shares, But Why It's Okay If You Don't Succeed
One of the biggest and most anticipated IPOs of the year, quite possibly the decade, is ready to hit Wall Street tomorrow, but if you're thinking about buying shares, you're not alone. Not in the least. If you're looking to get a piece of the stock, we're here to help you. But be warned: It will not be easy.
Pre-Market Movers (Wal-Mart, Electronic Arts, Limited Brands, JP Morgan Chase, JC Penney, Herbalife, Millennial Media)
The companies whose shares are moving in pre-market trade Thursday are: Millennial Media, Herbalife, Ctrip.com International, Cameco Corp, J.C. Penney, Wal-Mart Stores, Wal-Mart Stores, Limited Brands and JPMorgan Chase & Co.
JPMorgan's 'London Whale' To Be Gone By Year-End: Report
Bruno Iksil, the trader behind the $2-billion-and-counting loss at New York-based banking giant JPMorgan Chase and Co. (NYSE: JPM) that has been the talk of New York and Washington for the past few days, will be leaving the bank within the year, the New York Times' Dealbook blog reported Wednesday.
JPMorgan Slapped With Shareholder Suits Over $2B Trading Loss
JPMorgan's $2 billion trading loss makes the financial giant an easy target for shareholder lawsuits.
Facebook IPO: Why Did Underwriters Boost Its Value?
A day before Facebook (Nasdaq: FB), the No. 1 social network holds its initial public offering, its 33 underwriters boosted the number of shares for sale by 25 percent, potentially valuing the deal as high as $19 billion.