INVESTMENT

JPMorgan, consumer sentiment batter market

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U.S. stocks slid from 15-month highs on Friday after JPMorgan Chase & Co reported deep fourth-quarter loan losses that raised concerns about earnings for the banking industry.
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JPMorgan investment bankers to see record payday

JPMorgan Chase & Co on Friday announced a record $9.3 billion payday for its investment-banking employees, setting the stage for competitors like Goldman Sachs Group Inc to also make eye-popping payouts.
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JPMorgan loan losses overshadow higher profit

JPMorgan Chase & Co reported deep losses on mortgage and credit card loans in the fourth quarter, dashing hopes that consumer credit is on the mend and sending the bank's shares down 2.1 percent.
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Citadel Investment hires Jake Walthour

U.S. hedge fund firm Citadel Investment Group, which is run by Kenneth Griffin, hired Jake Walthour as head of U.S. distribution for its asset management subsidiary, a company spokesman said on Friday.
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JPMorgan profit soars on investment banking

JPMorgan Chase & Co reported better-than-expected fourth-quarter profit on Friday, but losses on mortgages and commercial loans continued to rise and its shares fell nearly 2 percent in premarket trading.
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Stock futures mixed; eyes on Intel, JPMorgan

U.S. stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 up 0.02 percent, Dow Jones futures down 0.22 percent and Nasdaq 100 futures down 0.17 percent at 4.40 a.m. EST.
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Gold edges up near $1145 in Asia

Gold edged higher in Asian trade Friday as the dollar dropped against major currencies. Gold for immediate delivery was seen trading at $1,144.40 per ounce at 11.30 a.m Singapore time while U.S. gold futures for February delivery were at $1,144.60 per ounce.
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Pimco's assets under management exceed $1 trillion

Pacific Investment Management Co, the world's biggest bond fund, has seen assets under management exceed $1 trillion for the first time, underscoring investors' appetite for yield and portfolio diversification.
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Penny Stock Symbols

How much thought do you give to a stock's ticker symbol? One glance at one of these short alphabetical codes can tell an investor a company's name, its financial health, where it trades, and even its nationality. And in the penny stock world, it's not uncommon for tickers to get just a little tricky. Here's everything you need to know to decipher penny stock ticker symbols.
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Monday Penny Stock Watchlist: 4 Breakout Stocks That Are Moving Fast

Metal mining giant Alcoa announces earnings today, a release that marks the start of earnings season. And while Alcoa's far from a penny stock with a $17 billion market capitalization, the fact is that the tone this company sets will have a supreme effect on all of the issues we're watching in the small-cap world.
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ECB rates firmly on hold

The European Central Bank kept benchmark interest rates unchanged at a record low of 1.0 percent on Thursday with the ECB expected to remain in a holding pattern given uneven growth and low inflation.
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Wall Street ticks higher, led by tech shares

Stocks traded slightly higher on Thursday, led by the technology sector after upbeat brokerage comments on Oracle Corp and ahead of an expected profit report from Intel Corp.
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Investors shortlist banks for TDC sale - sources

Private equity investors have shortlisted investment banks for an offering of stock in Denmark's leading telecom operator TDC, a $9 billion company, which would be Copenhagen's biggest offering in years.

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