JP Morgan Chase & Co (JPM) 59.27 $JPM
BofA paying $772M over selling credit card extras
By MARCY GORDON - AP - Wed Apr 09, 3:20PM CDT
WASHINGTON (AP) ' Bank of America Corp. is paying $772 million in fines and refunds to settle regulators' accusations that it misled customers who bought extra credit-card products and illegally charged others for credit monitoring and reporting services they didn't receive.
Tougher Capital Rules for 8 Banks - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 09, 3:00PM CDT
Recently, the U.S. banking regulators finalized stricter borrowing rules for 8 most systemically significant U.S. banking organizations. The tougher rules require the banks to be dependent more on equity capital than on debt and riskier assets.
JPMorgan Chase & Co. Earnings: Will Friday's Results Satisfy Shareholders?
Dan Caplinger, The Motley Fool - Motley Fool - Wed Apr 09, 11:09AM CDT
On Friday, JPMorgan Chase will release its quarterly report, and investors have remained confident about the Wall Street bank's ability to keep weathering the storm of financial regulation and other fallout from the financial crisis almost six...
Feds Move Forward With Tougher Bank Debt Limit
at The Street - Wed Apr 09, 8:55AM CDT
The FDIC's Gruenberg said the cap is the most "significant" step towards reducing systemic risk.
Wells Fargo Gets a Gift From Fed
at The Street - Wed Apr 09, 8:55AM CDT
Wells Fargo will be the biggest beneficiary from an important new rule announced by the Federal Reserve after the market close Tuesday, according to a report from Keefe Bruyette and Woods.
Zacks Industry Outlook Highlights: JPMorgan Chase, Goldman Sachs Group and Citigroup
PR Newswire - Wed Apr 09, 8:30AM CDT
Today, Zacks Equity Research discusses the U.S. Banks, including JPMorgan Chase & Co. (NYSE:JPM-Free Report), Goldman Sachs Group, Inc. (NYSE:GS-Free Report) and Citigroup Inc. (NYSE:C-Free Report).
Don't Harvest Monsanto Yet
at The Street - Wed Apr 09, 5:30AM CDT
Monsanto projects to approach $130 in the next 12 to 18 months.
BNY Mellon Raises Dividend by 13% - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Apr 08, 5:45PM CDT
BNY Mellon announced a 13% raise in its quarterly cash dividend. This follows the Fed's approval of 2014 capital plan in March.
Regulators act to require stronger bank capital
By MARCY GORDON - AP - Tue Apr 08, 4:40PM CDT
WASHINGTON (AP) ' Regulators are acting to require U.S. banks to build a sturdier financial base to lessen the risk that they could collapse and cause a global meltdown.
US stocks rise for the first time in four days
By STEVE ROTHWELL - AP - Tue Apr 08, 4:21PM CDT
NEW YORK (AP) ' Maybe the sell-off was a little overdone.
EXCO Resources, Inc. Announces Offering of Notes
Business Wire - Tue Apr 08, 3:41PM CDT
EXCO Resources, Inc. (NYSE:XCO) ("EXCO"
today announced that, subject to market conditions, it intends to publicly offer $400.0 million aggregate principal amount of Senior Notes due 2022 (the "Notes". The offering and sale of the Notes will be conducted pursuant to an automatic shelf registration statement on Form S-3 and preliminary prospectus supplement filed today with the Securities and Exchange Commission. EXCO intends to use the net proceeds from the offering to repay all outstanding amounts under the term loan, and the remainder will be used to reduce the revolving commitment under EXCO's Amended and Restated Credit Agreement.
Fitch Downgrades Four Classes of JPMorgan 2006-FL2; Revises Outlooks
Business Wire - Tue Apr 08, 3:34PM CDT
Fitch Ratings has downgraded four classes of J.P. Morgan Chase Commercial Mortgage Securities Corp., series 2006-FL2 and revised the Rating Outlooks on seven classes to Negative from Stable. A detailed list of rating actions follows at the end of this release.
JPMorgan, Wells Face Down Revenue In Q1 Reports
at Investor's Business Daily - Tue Apr 08, 3:11PM CDT
Despite recent stock gains in advance of earnings season, first-quarter earnings are expected to be muted for JPMorgan Chase (JPM) and Wells Fargo (WFC) when they issue their reports Friday in light of a sluggish revenue climate for banks. The...
These Dow Components Stand to Gain as Consumers Take on More Loans
Jay Jenkins, The Motley Fool - Motley Fool - Tue Apr 08, 12:00PM CDT
The big news for the Dow Jones Industrial Average this week has been the two consecutive trading days of big losses on Friday and Monday. Many pundits and investors have cited this moment as the end of the five-year bull market we've all enjoyed....
How to Make Coin on JPMorgan and Wells Fargo Into Earnings
at The Street - Tue Apr 08, 11:48AM CDT
Find out why bank stocks are hot and making new 52-week highs.
Citigroup Mortgage Settlement Sparks Debate
at The Street - Tue Apr 08, 11:45AM CDT
Citigroup reached a $1.125 billion legal settlement tied to $59.4 billion in residential mortgage backed securities Monday, but analysts can't agree on whether the bank faces substantially more exposure to the issue.
Simon Property Boosts Liquidity - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Apr 08, 10:20AM CDT
Simon Property disclosed the amendment and extension of its unsecured multi-currency revolving credit facility to reduce borrowing costs and extend its debt maturity.
Wells Fargo's Laughing All the Way to the Bank
at The Street - Tue Apr 08, 9:46AM CDT
With its stock trading at just 11 times 2015 estimates, which is 2 points below the industry average, Wells Fargo remains the best bargain in banking.
Stop Dumping on JPMorgan
at The Street - Tue Apr 08, 9:18AM CDT
JPMorgan's reputation can only improve from this point forward. Any negativity is already priced into the stock.
Stock Market News for April 08, 2014 - Market News
Zacks Equity Research - Zacks Investment Research - Tue Apr 08, 9:06AM CDT
Selling pressure in technology and momentum stocks dragged benchmarks down on Monday and the S&P 500 closed in the red for the year
BofA paying $772M over selling credit card extras
By MARCY GORDON - AP - Wed Apr 09, 3:20PM CDT
WASHINGTON (AP) ' Bank of America Corp. is paying $772 million in fines and refunds to settle regulators' accusations that it misled customers who bought extra credit-card products and illegally charged others for credit monitoring and reporting services they didn't receive.
Tougher Capital Rules for 8 Banks - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 09, 3:00PM CDT
Recently, the U.S. banking regulators finalized stricter borrowing rules for 8 most systemically significant U.S. banking organizations. The tougher rules require the banks to be dependent more on equity capital than on debt and riskier assets.
JPMorgan Chase & Co. Earnings: Will Friday's Results Satisfy Shareholders?
Dan Caplinger, The Motley Fool - Motley Fool - Wed Apr 09, 11:09AM CDT
On Friday, JPMorgan Chase will release its quarterly report, and investors have remained confident about the Wall Street bank's ability to keep weathering the storm of financial regulation and other fallout from the financial crisis almost six...
Feds Move Forward With Tougher Bank Debt Limit
at The Street - Wed Apr 09, 8:55AM CDT
The FDIC's Gruenberg said the cap is the most "significant" step towards reducing systemic risk.
Wells Fargo Gets a Gift From Fed
at The Street - Wed Apr 09, 8:55AM CDT
Wells Fargo will be the biggest beneficiary from an important new rule announced by the Federal Reserve after the market close Tuesday, according to a report from Keefe Bruyette and Woods.
Zacks Industry Outlook Highlights: JPMorgan Chase, Goldman Sachs Group and Citigroup
PR Newswire - Wed Apr 09, 8:30AM CDT
Today, Zacks Equity Research discusses the U.S. Banks, including JPMorgan Chase & Co. (NYSE:JPM-Free Report), Goldman Sachs Group, Inc. (NYSE:GS-Free Report) and Citigroup Inc. (NYSE:C-Free Report).
Don't Harvest Monsanto Yet
at The Street - Wed Apr 09, 5:30AM CDT
Monsanto projects to approach $130 in the next 12 to 18 months.
BNY Mellon Raises Dividend by 13% - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Apr 08, 5:45PM CDT
BNY Mellon announced a 13% raise in its quarterly cash dividend. This follows the Fed's approval of 2014 capital plan in March.
Regulators act to require stronger bank capital
By MARCY GORDON - AP - Tue Apr 08, 4:40PM CDT
WASHINGTON (AP) ' Regulators are acting to require U.S. banks to build a sturdier financial base to lessen the risk that they could collapse and cause a global meltdown.
US stocks rise for the first time in four days
By STEVE ROTHWELL - AP - Tue Apr 08, 4:21PM CDT
NEW YORK (AP) ' Maybe the sell-off was a little overdone.
EXCO Resources, Inc. Announces Offering of Notes
Business Wire - Tue Apr 08, 3:41PM CDT
EXCO Resources, Inc. (NYSE:XCO) ("EXCO"
today announced that, subject to market conditions, it intends to publicly offer $400.0 million aggregate principal amount of Senior Notes due 2022 (the "Notes". The offering and sale of the Notes will be conducted pursuant to an automatic shelf registration statement on Form S-3 and preliminary prospectus supplement filed today with the Securities and Exchange Commission. EXCO intends to use the net proceeds from the offering to repay all outstanding amounts under the term loan, and the remainder will be used to reduce the revolving commitment under EXCO's Amended and Restated Credit Agreement. Fitch Downgrades Four Classes of JPMorgan 2006-FL2; Revises Outlooks
Business Wire - Tue Apr 08, 3:34PM CDT
Fitch Ratings has downgraded four classes of J.P. Morgan Chase Commercial Mortgage Securities Corp., series 2006-FL2 and revised the Rating Outlooks on seven classes to Negative from Stable. A detailed list of rating actions follows at the end of this release.
JPMorgan, Wells Face Down Revenue In Q1 Reports
at Investor's Business Daily - Tue Apr 08, 3:11PM CDT
Despite recent stock gains in advance of earnings season, first-quarter earnings are expected to be muted for JPMorgan Chase (JPM) and Wells Fargo (WFC) when they issue their reports Friday in light of a sluggish revenue climate for banks. The...
These Dow Components Stand to Gain as Consumers Take on More Loans
Jay Jenkins, The Motley Fool - Motley Fool - Tue Apr 08, 12:00PM CDT
The big news for the Dow Jones Industrial Average this week has been the two consecutive trading days of big losses on Friday and Monday. Many pundits and investors have cited this moment as the end of the five-year bull market we've all enjoyed....
How to Make Coin on JPMorgan and Wells Fargo Into Earnings
at The Street - Tue Apr 08, 11:48AM CDT
Find out why bank stocks are hot and making new 52-week highs.
Citigroup Mortgage Settlement Sparks Debate
at The Street - Tue Apr 08, 11:45AM CDT
Citigroup reached a $1.125 billion legal settlement tied to $59.4 billion in residential mortgage backed securities Monday, but analysts can't agree on whether the bank faces substantially more exposure to the issue.
Simon Property Boosts Liquidity - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Apr 08, 10:20AM CDT
Simon Property disclosed the amendment and extension of its unsecured multi-currency revolving credit facility to reduce borrowing costs and extend its debt maturity.
Wells Fargo's Laughing All the Way to the Bank
at The Street - Tue Apr 08, 9:46AM CDT
With its stock trading at just 11 times 2015 estimates, which is 2 points below the industry average, Wells Fargo remains the best bargain in banking.
Stop Dumping on JPMorgan
at The Street - Tue Apr 08, 9:18AM CDT
JPMorgan's reputation can only improve from this point forward. Any negativity is already priced into the stock.
Stock Market News for April 08, 2014 - Market News
Zacks Equity Research - Zacks Investment Research - Tue Apr 08, 9:06AM CDT
Selling pressure in technology and momentum stocks dragged benchmarks down on Monday and the S&P 500 closed in the red for the year
