JP Morgan Chase & Co (JPM) 55.30 $JPM
Why JPMorgan Chase and Herbalife Shares Fell Today
Jeremy Bowman, The Motley Fool - Motley Fool - 1 hr 28 mins ago
Stocks sank for the second day in a row today as momentum names continued to lead the fall. At the close of the session, Dow Jones Industrial Average finished down 143 points, or 0.9%, as the S&P 500 dropped 1% and the tech-heavy Nasdaq ...
JPMorgan Sends the Dow Tumbling, but Will Chevron and ExxonMobil Bring Stocks Positive Energy?
Dan Caplinger, The Motley Fool - Motley Fool - 2 hrs 23 mins ago
Friday's 143-point drop for the Dow Jones Industrials added to anxiety levels among investors, with many watching closely for signs that the bull market might be coming to an end. Losses for the week that totaled 385 points still left the Dow far...
Big Banks Stumble
Chris Hill, The Motley Fool - Motley Fool - Fri Apr 11, 7:26PM CDT
First-quarter results came in today for Wells Fargo and JPMorgan Chase , and while these are substantially different institutions, one constant between the two was the dramatic fall in mortgage lending. In this segment from Friday's Investor...
JPMorgan's first-quarter profit falls 20 percent
By STEVE ROTHWELL - AP - Fri Apr 11, 5:47PM CDT
NEW YORK (AP) — JPMorgan Chase, the biggest U.S. bank by assets, said Friday its first-quarter earnings fell 20 percent, driven by a decline in investment banking and mortgage lending.
Stocks fall on jitters over earnings, tech rout
By BERNARD CONDON - AP - Fri Apr 11, 5:43PM CDT
NEW YORK (AP) — Investors drove the stock market lower for a second straight day Friday as they grew anxious that earnings growth was faltering.
Business Highlights
By The Associated Press - AP - Fri Apr 11, 5:30PM CDT
___
Most active New York Stock Exchange-traded stocks
AP - Fri Apr 11, 5:03PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at the close of trading:
It's Official: The Mortgage Market Is in Free Fall
John Maxfield, The Motley Fool - Motley Fool - Fri Apr 11, 4:38PM CDT
It's hard to believe, but the mortgage market is in worse shape today than it was in 2008 following the collapse of Lehman Brothers. Data released this morning from the nation's two largest mortgage originators -- Wells Fargo and JPMorgan Chase ...
How the Dow Jones industrial average did Friday
The Associated Press - AP - Fri Apr 11, 4:31PM CDT
Stocks dropped Friday for a second day in a row as investors grew anxious that corporate earnings growth is faltering. Weaker results at JPMorgan Chase dragged bank stocks lower. More declines in high-growth Internet and biotechnology stocks pushed the Nasdaq composite down for the third week in a row.
EXCO Resources, Inc. Announces Pricing of Notes
Business Wire - Fri Apr 11, 4:09PM CDT
EXCO Resources, Inc. (NYSE:XCO) ("EXCO"
today announced that it has priced an underwritten offering of $500.0 million aggregate principal amount of 8.500% Senior Notes due 2022 (the "Notes", at a price equal to 100% of principal amount. EXCO expects to receive net proceeds of approximately $490.0 million from the offering, after deducting discounts to the underwriters and estimated offering expenses. 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. EXCO expects to close the sale of the Notes on or about April 16, 2014, subject to the satisfaction of customary closing conditions.
Fitch: JPMorgan 1Q'14 Results Hurt by Weaker Mortgage Production and Fixed Income Results
Business Wire - Fri Apr 11, 3:33PM CDT
As expected by Fitch Ratings, JPMorgan Chase & Co.'s (JPM) 1Q'14 net earnings of $5.3 billion were hurt by weakness in fixed income and a continued decline in mortgage production. Bright spots included business banking loan growth, market-leading credit card purchase volume growth, strong investment banking fees in commercial banking, positive client flows in asset management, and a continuation of solid asset quality trends in consumer and commercial loan categories. Returns on tangible common equity were 13% for the quarter compared to 17% a year earlier. There were no significant items of note in the quarter.
Nasdaq Finishes Near 4000 Level In Another Sell-Off
at Investor's Business Daily - Fri Apr 11, 3:33PM CDT
The stock market suffered another sharp sell-off Friday, finishing the week with the Nasdaq just below the 4000 level for the first time since Feb. 3. The Nasdaq fell 1.3%; the S&P 500 was down 1% and the Dow Jones industrial average was off 0.9%....
The Gap and JPMorgan are big market movers
AP - Fri Apr 11, 3:33PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
Markets Close Lower After Dismal Week of Selloffs
at The Street - Fri Apr 11, 3:17PM CDT
U.S. markets slid Friday after lackluster JPMorgan Chase earnings, while technology shares fluctuated moderating losses in the Nasdaq.
Tech stocks slide again; Nasdaq falls for 3rd week
AP - Fri Apr 11, 3:14PM CDT
NEW YORK (AP) — Technology stocks are dropping for a second day in a row as investors flee highflying Internet and biotechnology companies.
Sallie Mae's Spin-Off Plan Approved - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Apr 11, 3:10PM CDT
In consistence with its plans to focus on core business, Sallie Mae has received the board of directors' approval for spinning off its education loan management unit.
Wells Fargo Continues to Show Earnings Strength - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Apr 11, 3:07PM CDT
Driven by prudent expense management, Wells Fargo & Company (WFC) earned $1.05 per share in first-quarter 2014, thereby achieving earnings growth for the 17th consecutive quarter.
Stocks Revisit Session Lows; Share Offer Lifts GasLog
at Investor's Business Daily - Fri Apr 11, 2:03PM CDT
Selling picked up pace Friday afternoon as Wall Street weighed earnings reports in the financial sector and a better-than-expected reading on consumer confidence. The Nasdaq slumped 1.1%. The Dow Jones industrial average and S&P 500 each fell 0.8%....
The Future of Payment: Highlights from Transact 2014
David Hanson and Matt Koppenheffer, The Motley Fool - Motley Fool - Fri Apr 11, 1:56PM CDT
Matt's biggest takeaways from the Transact conference in Las Vegas. Join Motley Fool banking analysts David Hanson and Matt Koppenheffer as they briefly touch on earnings from JPMorgan and Wells Fargo , discuss the coolest payment technologies,...
JPMorgan's Earnings Disaster Drops the Dow 100 Points
Dan Carroll, The Motley Fool - Motley Fool - Fri Apr 11, 1:38PM CDT
Earnings season has swung around hard on the market today, as the Dow Jones Industrial Average tumbled 130 points as of 2:30 p.m. EDT following some ugly numbers from one of America's top big banks. All but a handful of blue-chip stocks are in...
Why JPMorgan Chase and Herbalife Shares Fell Today
Jeremy Bowman, The Motley Fool - Motley Fool - 1 hr 28 mins ago
Stocks sank for the second day in a row today as momentum names continued to lead the fall. At the close of the session, Dow Jones Industrial Average finished down 143 points, or 0.9%, as the S&P 500 dropped 1% and the tech-heavy Nasdaq ...
JPMorgan Sends the Dow Tumbling, but Will Chevron and ExxonMobil Bring Stocks Positive Energy?
Dan Caplinger, The Motley Fool - Motley Fool - 2 hrs 23 mins ago
Friday's 143-point drop for the Dow Jones Industrials added to anxiety levels among investors, with many watching closely for signs that the bull market might be coming to an end. Losses for the week that totaled 385 points still left the Dow far...
Big Banks Stumble
Chris Hill, The Motley Fool - Motley Fool - Fri Apr 11, 7:26PM CDT
First-quarter results came in today for Wells Fargo and JPMorgan Chase , and while these are substantially different institutions, one constant between the two was the dramatic fall in mortgage lending. In this segment from Friday's Investor...
JPMorgan's first-quarter profit falls 20 percent
By STEVE ROTHWELL - AP - Fri Apr 11, 5:47PM CDT
NEW YORK (AP) — JPMorgan Chase, the biggest U.S. bank by assets, said Friday its first-quarter earnings fell 20 percent, driven by a decline in investment banking and mortgage lending.
Stocks fall on jitters over earnings, tech rout
By BERNARD CONDON - AP - Fri Apr 11, 5:43PM CDT
NEW YORK (AP) — Investors drove the stock market lower for a second straight day Friday as they grew anxious that earnings growth was faltering.
Business Highlights
By The Associated Press - AP - Fri Apr 11, 5:30PM CDT
___
Most active New York Stock Exchange-traded stocks
AP - Fri Apr 11, 5:03PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at the close of trading:
It's Official: The Mortgage Market Is in Free Fall
John Maxfield, The Motley Fool - Motley Fool - Fri Apr 11, 4:38PM CDT
It's hard to believe, but the mortgage market is in worse shape today than it was in 2008 following the collapse of Lehman Brothers. Data released this morning from the nation's two largest mortgage originators -- Wells Fargo and JPMorgan Chase ...
How the Dow Jones industrial average did Friday
The Associated Press - AP - Fri Apr 11, 4:31PM CDT
Stocks dropped Friday for a second day in a row as investors grew anxious that corporate earnings growth is faltering. Weaker results at JPMorgan Chase dragged bank stocks lower. More declines in high-growth Internet and biotechnology stocks pushed the Nasdaq composite down for the third week in a row.
EXCO Resources, Inc. Announces Pricing of Notes
Business Wire - Fri Apr 11, 4:09PM CDT
EXCO Resources, Inc. (NYSE:XCO) ("EXCO"
today announced that it has priced an underwritten offering of $500.0 million aggregate principal amount of 8.500% Senior Notes due 2022 (the "Notes", at a price equal to 100% of principal amount. EXCO expects to receive net proceeds of approximately $490.0 million from the offering, after deducting discounts to the underwriters and estimated offering expenses. 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. EXCO expects to close the sale of the Notes on or about April 16, 2014, subject to the satisfaction of customary closing conditions. Fitch: JPMorgan 1Q'14 Results Hurt by Weaker Mortgage Production and Fixed Income Results
Business Wire - Fri Apr 11, 3:33PM CDT
As expected by Fitch Ratings, JPMorgan Chase & Co.'s (JPM) 1Q'14 net earnings of $5.3 billion were hurt by weakness in fixed income and a continued decline in mortgage production. Bright spots included business banking loan growth, market-leading credit card purchase volume growth, strong investment banking fees in commercial banking, positive client flows in asset management, and a continuation of solid asset quality trends in consumer and commercial loan categories. Returns on tangible common equity were 13% for the quarter compared to 17% a year earlier. There were no significant items of note in the quarter.
Nasdaq Finishes Near 4000 Level In Another Sell-Off
at Investor's Business Daily - Fri Apr 11, 3:33PM CDT
The stock market suffered another sharp sell-off Friday, finishing the week with the Nasdaq just below the 4000 level for the first time since Feb. 3. The Nasdaq fell 1.3%; the S&P 500 was down 1% and the Dow Jones industrial average was off 0.9%....
The Gap and JPMorgan are big market movers
AP - Fri Apr 11, 3:33PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
Markets Close Lower After Dismal Week of Selloffs
at The Street - Fri Apr 11, 3:17PM CDT
U.S. markets slid Friday after lackluster JPMorgan Chase earnings, while technology shares fluctuated moderating losses in the Nasdaq.
Tech stocks slide again; Nasdaq falls for 3rd week
AP - Fri Apr 11, 3:14PM CDT
NEW YORK (AP) — Technology stocks are dropping for a second day in a row as investors flee highflying Internet and biotechnology companies.
Sallie Mae's Spin-Off Plan Approved - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Apr 11, 3:10PM CDT
In consistence with its plans to focus on core business, Sallie Mae has received the board of directors' approval for spinning off its education loan management unit.
Wells Fargo Continues to Show Earnings Strength - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Apr 11, 3:07PM CDT
Driven by prudent expense management, Wells Fargo & Company (WFC) earned $1.05 per share in first-quarter 2014, thereby achieving earnings growth for the 17th consecutive quarter.
Stocks Revisit Session Lows; Share Offer Lifts GasLog
at Investor's Business Daily - Fri Apr 11, 2:03PM CDT
Selling picked up pace Friday afternoon as Wall Street weighed earnings reports in the financial sector and a better-than-expected reading on consumer confidence. The Nasdaq slumped 1.1%. The Dow Jones industrial average and S&P 500 each fell 0.8%....
The Future of Payment: Highlights from Transact 2014
David Hanson and Matt Koppenheffer, The Motley Fool - Motley Fool - Fri Apr 11, 1:56PM CDT
Matt's biggest takeaways from the Transact conference in Las Vegas. Join Motley Fool banking analysts David Hanson and Matt Koppenheffer as they briefly touch on earnings from JPMorgan and Wells Fargo , discuss the coolest payment technologies,...
JPMorgan's Earnings Disaster Drops the Dow 100 Points
Dan Carroll, The Motley Fool - Motley Fool - Fri Apr 11, 1:38PM CDT
Earnings season has swung around hard on the market today, as the Dow Jones Industrial Average tumbled 130 points as of 2:30 p.m. EDT following some ugly numbers from one of America's top big banks. All but a handful of blue-chip stocks are in...
