JP Morgan Chase & Co (JPM) 55.98 $JPM
Burlington Stores, Inc. Announces Pricing of Secondary Offering
Business Wire - Wed Apr 30, 9:14PM CDT
Burlington Stores, Inc. (NYSE: BURL) (the "Company"
announced today that the previously announced public secondary offering of 12,000,000 shares of its common stock by certain of the Company's stockholders priced at a price to the public of $25.75 per share (the "Offering" . In connection with the Offering, the selling stockholders have granted the underwriters a 30-day option to purchase up to 1,800,000 additional shares. The Offering is expected to close on May 6, 2014, subject to customary closing conditions. All of the shares in the Offering are being offered by selling stockholders. The Company will not receive any of the proceeds from the Offering.
Forum Energy Technologies Announces Pricing of Offering by Stockholders of 10,000,000 Shares of Common Stock
Business Wire - Wed Apr 30, 5:25PM CDT
Forum Energy Technologies, Inc. (NYSE: FET) (the "Company" , announced today the pricing of a public underwritten offering of an aggregate of 10,000,000 shares of the Company's common stock by funds affiliated with SCF Partners (the "Selling Stockholders) at a price to the public of $29.00 per share. In addition, the Selling Stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of common stock solely to cover over-allotments. All net proceeds from the sale of the common stock will be received by the Selling Stockholders. The Company will not receive any of the proceeds from the sale. The offering is expected to close on or about May 6, 2014, subject to customary closing conditions.
Dow closes at record as Fed keeps cutting stimulus
By STEVE ROTHWELL - AP - Wed Apr 30, 4:19PM CDT
NEW YORK (AP) — The Dow Jones industrial average closed at an all-time high Wednesday as the good narrowly outweighed the bad for the stock market.
Chase Clients Star in National Small Business Ad Campaign Debuting Today at the Women's Business Symposia Presented by Chase
Business Wire - Wed Apr 30, 2:00PM CDT
Chase, one of the nation's leading banks for small businesses, today launched a new advertising campaign featuring three clients who use Chase Platinum Business and Chase Merchant Services to give them a competitive edge. The campaign debuted in Southern California at the first-ever Women's Business Symposia presented by Chase, a series of exclusive networking event for women business owners. The first event features celebrity women entrepreneurs, including an interactive discussion with women whose business success stories have been featured at Chase.
Luxoft Holding, Inc to Participate in Investor Conferences During the Month of May
Business Wire - Wed Apr 30, 1:52PM CDT
Luxoft Holding, Inc (NYSE: LXFT), a leading provider of software development services and innovative IT solutions to a global client base, today announced that it will be taking part in two investor conferences during the month of May.
Here's Why Investors Are Paying More for General Electric Company's Cash Flow Nowadays
Anders Bylund, The Motley Fool - Motley Fool - Wed Apr 30, 1:00PM CDT
Four years ago, investors were only willing to pay 7.1 times trailing free cash flow for a share of General Electric . Today, the price-to-free cash flow ratio is a kingly 17.6. Without this impressive ratio expansion, GE shares would not have been...
Gogo Inc. to Participate in J.P. Morgan's Global Technology, Media & Telecom Conference on May 19, 2014
PR Newswire - Wed Apr 30, 12:38PM CDT
Gogo Inc. (NASDAQ: GOGO), a leading aircraft communications service provider to the global aviation industry, announced today that it will participate in the J.P. Morgan Global Technology, Media & Telecom Conference on Monday May 19 in Boston, MA. Michael Small, President and Chief Executive Officer, is expected to speak at 3:40 p.m. ET.
CVS Retail, Buyback Expected To Boost Q1 Earnings
at Investor's Business Daily - Wed Apr 30, 12:04PM CDT
Continuing its winning streak with a solid retail business and share buybacks, CVS Caremark (CVS) is expected to disclose its fifth consecutive quarter of double-digit earnings growth when it reports Friday. The Woonsocket, R.I.-based retail chain is...
JPMorgan Chase Pledges $20 Million to Support U.S. Military Veterans and Their Families
Business Wire - Wed Apr 30, 9:30AM CDT
JPMorgan Chase & Co. (NYSE:JPM) today pledged to invest $20 million over the next five years to support U.S. military veterans and their families. This pledge builds upon the firm's existing programs and initiatives for military veterans focused on employment, education and housing.
The Accounting Mirage Behind Bank of America Corp’s Blunder
John Maxfield, The Motley Fool - Motley Fool - Wed Apr 30, 7:26AM CDT
Reading a public company's financial reports is a bit like walking down Disneyland's Main Street U.S.A. While everything looks and seems real, the truth is that it's largely a mirage. Investors in Bank of America were given an unpleasant reminder...
Dow Jumps Higher As Banks Rebound
Dan Caplinger, The Motley Fool - Motley Fool - Tue Apr 29, 8:05PM CDT
Tuesday marked another positive day for the Dow Jones Industrials which rose almost 87 points to climb back within 100 points of an all-time record high. Although largely positive earnings reports got most of the credit from market commentators...
How Bank of America's $4 Billion Mistake Cost Investors Their Dividend Increase
Alison Southwick, The Motley Fool - Motley Fool - Tue Apr 29, 5:09PM CDT
After initially passing the Federal Reserve's recent round of stress tests and being granted the ability to raise its dividend and initiate a share repurchasing program, Bank of America has now notified the Fed that it mistakenly reported $4...
HD Supply Holdings, Inc. Announces Secondary Public Offering of Common Stock
GlobeNewswire - Tue Apr 29, 3:46PM CDT
HD Supply Holdings, Inc. (Nasdaq:HDS) (the "Company), the indirect parent of HD Supply, Inc., today announced that certain of its stockholders (the "Selling Stockholders" intend to offer for sale in an underwritten secondary offering approximately 30,000,000 shares of the Company's common stock pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission (the "SEC" . The Selling Stockholders also intend to grant the underwriters an option to purchase up to an additional 4,500,000 shares of common stock. The Selling Stockholders will receive all the proceeds in this offering. The Company will not receive any proceeds from the sale of common stock by the selling stockholders.
Netflix CFO to Present at the J.P. Morgan Technology, Media and Telecom Conference
PR Newswire - Tue Apr 29, 2:00PM CDT
Netflix, Inc. (Nasdaq: NFLX) announced today that David Wells, CFO, will present at J.P. Morgan Technology, Media and Telecom Conference on Tuesday, May 20, 2014. Mr. Wells is scheduled to present at 7:40 a.m. Pacific Time / 10:40 a.m. Eastern Time.
Senior Level Promotions, Survey Results, Dividend Declarations, and New Partnerships - Analyst Notes on Bank of America, JPMorgan, Citigroup, Wells Fargo and AIG
PR Newswire - Tue Apr 29, 8:21AM CDT
Today, Analysts Review released its analysts' notes regarding Bank of America Corp. (NYSE: BAC), JPMorgan Chase & Co. (NYSE: JPM), Citigroup Inc. (NYSE: C), Wells Fargo & Co. (NYSE: WFC) and American International Group Inc. (NYSE: AIG). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1756-100free.
Recent Homebuyers Divulge What They Would Change If They Had a Do-Over, Chase Research Shows
Business Wire - Tue Apr 29, 8:03AM CDT
--56 percent wish they knew more about the financial aspects
QLogic Executives to Present at 42nd Annual J.P. Morgan Global Technology, Media and Telecom Conference
GlobeNewswire - Tue Apr 29, 7:08AM CDT
QLogic (Nasdaq:QLGC), a leading supplier of high performance network infrastructure solutions, today announced that QLogic senior executives will present at the following investor conference in May:
The Nature Conservancy and JPMorgan Chase Collaborate to Create a Landmark Conservation Finance Initiative
Business Wire - Tue Apr 29, 7:03AM CDT
The Nature Conservancy and JPMorgan Chase & Co. (NYSE:JPM) announced today the establishment of NatureVest, a new initiative of The Conservancy. The program will seek to transform the way we protect natural capital - the soil, clean air and water, and other valuable resources that nature provides. NatureVest will capitalize on the growing impact investment sector to create a platform to advance investment in conservation. As part of that effort, NatureVest will convene investors; develop and execute innovative financial transactions; and continue to build an investment pipeline across multiple sectors, including agriculture, fisheries and environmental markets. JPMorgan Chase is the founding sponsor of NatureVest and has committed to provide multi-year support for its launch and development.
W. P. Carey Inc. Announces Election of Mary M. VanDeWeghe to Board of Directors
PR Newswire - Tue Apr 29, 6:30AM CDT
W. P. Carey Inc. (NYSE: WPC), a global net-lease REIT, announced today that Mary M. "Meg" VanDeWeghe has been elected a director of the Company. Ms. VanDeWeghe is the Chief Executive Officer and President of Forte Consulting Inc., a financial and management consulting firm, and a Professor at Georgetown University's McDonough School of Business. Prior to holding her current positions, Ms. VanDeWeghe served as Senior Vice President of Finance for Lockheed Martin Corporation, and previously held positions in corporate finance, capital markets and general management at J.P. Morgan, where she rose to the rank of Managing Director. Ms. VanDeWeghe has served as a Director and member of the Audit and Finance Committees of Ecolab Inc., a global leader in water, hygiene, and energy technologies and services, since its merger with Nalco Holding Company in 2011. She served on the board of Nalco Holding Company from 2009 to 2011. She has also served on the board of Brown Advisory, Inc., a privately held investment management company, since 2003. A graduate of Smith College, Ms. VanDeWeghe also holds an MBA from Dartmouth College's Tuck School of Business.
The Dow's Banks Take a Hit for Bank of America's Blunder
Dan Caplinger, The Motley Fool - Motley Fool - Mon Apr 28, 8:05PM CDT
Monday brought back good news for the Dow Jones Industrials , which gained 87 points in an impressive recovery from a midday swoon that had carried the Dow into negative territory briefly. Yet within the Dow, Goldman Sachs and JPMorgan Chase ...
Burlington Stores, Inc. Announces Pricing of Secondary Offering
Business Wire - Wed Apr 30, 9:14PM CDT
Burlington Stores, Inc. (NYSE: BURL) (the "Company"
announced today that the previously announced public secondary offering of 12,000,000 shares of its common stock by certain of the Company's stockholders priced at a price to the public of $25.75 per share (the "Offering" . In connection with the Offering, the selling stockholders have granted the underwriters a 30-day option to purchase up to 1,800,000 additional shares. The Offering is expected to close on May 6, 2014, subject to customary closing conditions. All of the shares in the Offering are being offered by selling stockholders. The Company will not receive any of the proceeds from the Offering. Forum Energy Technologies Announces Pricing of Offering by Stockholders of 10,000,000 Shares of Common Stock
Business Wire - Wed Apr 30, 5:25PM CDT
Forum Energy Technologies, Inc. (NYSE: FET) (the "Company"
, announced today the pricing of a public underwritten offering of an aggregate of 10,000,000 shares of the Company's common stock by funds affiliated with SCF Partners (the "Selling Stockholders) at a price to the public of $29.00 per share. In addition, the Selling Stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of common stock solely to cover over-allotments. All net proceeds from the sale of the common stock will be received by the Selling Stockholders. The Company will not receive any of the proceeds from the sale. The offering is expected to close on or about May 6, 2014, subject to customary closing conditions. Dow closes at record as Fed keeps cutting stimulus
By STEVE ROTHWELL - AP - Wed Apr 30, 4:19PM CDT
NEW YORK (AP) — The Dow Jones industrial average closed at an all-time high Wednesday as the good narrowly outweighed the bad for the stock market.
Chase Clients Star in National Small Business Ad Campaign Debuting Today at the Women's Business Symposia Presented by Chase
Business Wire - Wed Apr 30, 2:00PM CDT
Chase, one of the nation's leading banks for small businesses, today launched a new advertising campaign featuring three clients who use Chase Platinum Business and Chase Merchant Services to give them a competitive edge. The campaign debuted in Southern California at the first-ever Women's Business Symposia presented by Chase, a series of exclusive networking event for women business owners. The first event features celebrity women entrepreneurs, including an interactive discussion with women whose business success stories have been featured at Chase.
Luxoft Holding, Inc to Participate in Investor Conferences During the Month of May
Business Wire - Wed Apr 30, 1:52PM CDT
Luxoft Holding, Inc (NYSE: LXFT), a leading provider of software development services and innovative IT solutions to a global client base, today announced that it will be taking part in two investor conferences during the month of May.
Here's Why Investors Are Paying More for General Electric Company's Cash Flow Nowadays
Anders Bylund, The Motley Fool - Motley Fool - Wed Apr 30, 1:00PM CDT
Four years ago, investors were only willing to pay 7.1 times trailing free cash flow for a share of General Electric . Today, the price-to-free cash flow ratio is a kingly 17.6. Without this impressive ratio expansion, GE shares would not have been...
Gogo Inc. to Participate in J.P. Morgan's Global Technology, Media & Telecom Conference on May 19, 2014
PR Newswire - Wed Apr 30, 12:38PM CDT
Gogo Inc. (NASDAQ: GOGO), a leading aircraft communications service provider to the global aviation industry, announced today that it will participate in the J.P. Morgan Global Technology, Media & Telecom Conference on Monday May 19 in Boston, MA. Michael Small, President and Chief Executive Officer, is expected to speak at 3:40 p.m. ET.
CVS Retail, Buyback Expected To Boost Q1 Earnings
at Investor's Business Daily - Wed Apr 30, 12:04PM CDT
Continuing its winning streak with a solid retail business and share buybacks, CVS Caremark (CVS) is expected to disclose its fifth consecutive quarter of double-digit earnings growth when it reports Friday. The Woonsocket, R.I.-based retail chain is...
JPMorgan Chase Pledges $20 Million to Support U.S. Military Veterans and Their Families
Business Wire - Wed Apr 30, 9:30AM CDT
JPMorgan Chase & Co. (NYSE:JPM) today pledged to invest $20 million over the next five years to support U.S. military veterans and their families. This pledge builds upon the firm's existing programs and initiatives for military veterans focused on employment, education and housing.
The Accounting Mirage Behind Bank of America Corp’s Blunder
John Maxfield, The Motley Fool - Motley Fool - Wed Apr 30, 7:26AM CDT
Reading a public company's financial reports is a bit like walking down Disneyland's Main Street U.S.A. While everything looks and seems real, the truth is that it's largely a mirage. Investors in Bank of America were given an unpleasant reminder...
Dow Jumps Higher As Banks Rebound
Dan Caplinger, The Motley Fool - Motley Fool - Tue Apr 29, 8:05PM CDT
Tuesday marked another positive day for the Dow Jones Industrials which rose almost 87 points to climb back within 100 points of an all-time record high. Although largely positive earnings reports got most of the credit from market commentators...
How Bank of America's $4 Billion Mistake Cost Investors Their Dividend Increase
Alison Southwick, The Motley Fool - Motley Fool - Tue Apr 29, 5:09PM CDT
After initially passing the Federal Reserve's recent round of stress tests and being granted the ability to raise its dividend and initiate a share repurchasing program, Bank of America has now notified the Fed that it mistakenly reported $4...
HD Supply Holdings, Inc. Announces Secondary Public Offering of Common Stock
GlobeNewswire - Tue Apr 29, 3:46PM CDT
HD Supply Holdings, Inc. (Nasdaq:HDS) (the "Company), the indirect parent of HD Supply, Inc., today announced that certain of its stockholders (the "Selling Stockholders"
intend to offer for sale in an underwritten secondary offering approximately 30,000,000 shares of the Company's common stock pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission (the "SEC" . The Selling Stockholders also intend to grant the underwriters an option to purchase up to an additional 4,500,000 shares of common stock. The Selling Stockholders will receive all the proceeds in this offering. The Company will not receive any proceeds from the sale of common stock by the selling stockholders. Netflix CFO to Present at the J.P. Morgan Technology, Media and Telecom Conference
PR Newswire - Tue Apr 29, 2:00PM CDT
Netflix, Inc. (Nasdaq: NFLX) announced today that David Wells, CFO, will present at J.P. Morgan Technology, Media and Telecom Conference on Tuesday, May 20, 2014. Mr. Wells is scheduled to present at 7:40 a.m. Pacific Time / 10:40 a.m. Eastern Time.
Senior Level Promotions, Survey Results, Dividend Declarations, and New Partnerships - Analyst Notes on Bank of America, JPMorgan, Citigroup, Wells Fargo and AIG
PR Newswire - Tue Apr 29, 8:21AM CDT
Today, Analysts Review released its analysts' notes regarding Bank of America Corp. (NYSE: BAC), JPMorgan Chase & Co. (NYSE: JPM), Citigroup Inc. (NYSE: C), Wells Fargo & Co. (NYSE: WFC) and American International Group Inc. (NYSE: AIG). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1756-100free.
Recent Homebuyers Divulge What They Would Change If They Had a Do-Over, Chase Research Shows
Business Wire - Tue Apr 29, 8:03AM CDT
--56 percent wish they knew more about the financial aspects
QLogic Executives to Present at 42nd Annual J.P. Morgan Global Technology, Media and Telecom Conference
GlobeNewswire - Tue Apr 29, 7:08AM CDT
QLogic (Nasdaq:QLGC), a leading supplier of high performance network infrastructure solutions, today announced that QLogic senior executives will present at the following investor conference in May:
The Nature Conservancy and JPMorgan Chase Collaborate to Create a Landmark Conservation Finance Initiative
Business Wire - Tue Apr 29, 7:03AM CDT
The Nature Conservancy and JPMorgan Chase & Co. (NYSE:JPM) announced today the establishment of NatureVest, a new initiative of The Conservancy. The program will seek to transform the way we protect natural capital - the soil, clean air and water, and other valuable resources that nature provides. NatureVest will capitalize on the growing impact investment sector to create a platform to advance investment in conservation. As part of that effort, NatureVest will convene investors; develop and execute innovative financial transactions; and continue to build an investment pipeline across multiple sectors, including agriculture, fisheries and environmental markets. JPMorgan Chase is the founding sponsor of NatureVest and has committed to provide multi-year support for its launch and development.
W. P. Carey Inc. Announces Election of Mary M. VanDeWeghe to Board of Directors
PR Newswire - Tue Apr 29, 6:30AM CDT
W. P. Carey Inc. (NYSE: WPC), a global net-lease REIT, announced today that Mary M. "Meg" VanDeWeghe has been elected a director of the Company. Ms. VanDeWeghe is the Chief Executive Officer and President of Forte Consulting Inc., a financial and management consulting firm, and a Professor at Georgetown University's McDonough School of Business. Prior to holding her current positions, Ms. VanDeWeghe served as Senior Vice President of Finance for Lockheed Martin Corporation, and previously held positions in corporate finance, capital markets and general management at J.P. Morgan, where she rose to the rank of Managing Director. Ms. VanDeWeghe has served as a Director and member of the Audit and Finance Committees of Ecolab Inc., a global leader in water, hygiene, and energy technologies and services, since its merger with Nalco Holding Company in 2011. She served on the board of Nalco Holding Company from 2009 to 2011. She has also served on the board of Brown Advisory, Inc., a privately held investment management company, since 2003. A graduate of Smith College, Ms. VanDeWeghe also holds an MBA from Dartmouth College's Tuck School of Business.
The Dow's Banks Take a Hit for Bank of America's Blunder
Dan Caplinger, The Motley Fool - Motley Fool - Mon Apr 28, 8:05PM CDT
Monday brought back good news for the Dow Jones Industrials , which gained 87 points in an impressive recovery from a midday swoon that had carried the Dow into negative territory briefly. Yet within the Dow, Goldman Sachs and JPMorgan Chase ...
