'Fast Money' Recap: Going Global
at The Street - 1 hr 7 mins ago
The trading panel provided their international picks and whether Netflix can make it in Europe.
$100 million going to Detroit from JPMorgan Chase
AP - Wed May 21, 8:41PM CDT
DETROIT (AP) — Financial giant JPMorgan Chase says it will spend $100 million over five years in Detroit to support and accelerate the bankrupt city's economic recovery.
JPMorgan's
at Investor's Business Daily - Wed May 21, 5:59PM CDT
JPMorgan's (JPM) ex-CEO of China investment banking, Fang Fang, was reportedly arrested in Hong Kong by its anti-corruption agency amid a probe into the bank's hiring practices.
JPMorgan Hikes Dividend - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed May 21, 5:10PM CDT
On Tuesday, JPMorgan (JPM) declared a quarterly dividend of 40 cents per share.
Billions More in Mortgage Penalties Coming: Federal Regulator
at The Street - Wed May 21, 2:23PM CDT
A working group of federal and state authorities responsible for extracting a $13 billion settlement from JPMorgan Chase late last year over abuses tied to mortgage bonds still has 'more than a dozen ongoing investigations,' which will lead to...
JPMorgan Shareholders Unhappy About CEO Pay
Paul Hodgson, The Motley Fool - Motley Fool - Wed May 21, 1:29PM CDT
In its annual meeting yesterday, a mere three-quarters of shareholders supported JPMorgan 's executive pay program, well down from over 90% last year. At the other two main Wall Street banks, support for pay programs was substantially higher. On...
Fitch Affirms JP Morgan 2007-FL1; Revises Outlooks on 3 Classes
Business Wire - Wed May 21, 1:16PM CDT
Fitch Ratings has affirmed all classes of J.P. Morgan Chase Commercial Mortgage Securities Corp. series 2007-FL1. In addition, Fitch has revised the Rating Outlook for classes B, C and D to Stable from Negative. A detailed list of rating actions follows at the end of this release.
CareFusion to Float $1B Senior Notes; Shares Up - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed May 21, 12:10PM CDT
The expected proceeds of $987.9 million from the offering will be deployed by CareFusion Corporation (CFN) to retire the $450 million worth of 5.125% notes due in 2014, while the remainder is intended to be used for general corporate purposes.
JPMorgan Chase (JPM) Crosses Pivot Point Resistance at $54.04
Comtex SmarTrend(R) - Wed May 21, 10:43AM CDT
JPMorgan Chase (NYSE:JPM) has opened bullishly above the pivot of $53.72 today and has reached the first level of resistance at $54.04. Analysts will be watching for a cross of the next upside pivot targets of $54.35 and $54.98.
Goldman Sachs Is Getting Too Greedy for Its Own Good
Erik Knight, The Motley Fool - Motley Fool - Wed May 21, 10:26AM CDT
Photo: Goldman Sachs Large financial institutions are struggling to grow revenue, due largely to the difficult interest rate environment and slowing mortgage activity, and it's about to get worse. The Fed may soon attempt to restrict lucrative...
Goldman to Vend Metal Warehouse Unit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed May 21, 10:20AM CDT
Amid heightened regulatory and political scrutiny on banks' ownership of physical commodity business, The Goldman Sachs Group, Inc. (GS) has initiated the sale process of its metals warehouse unit - Metro International Trade Services LLC
Centrica Share Repurchase Programme
M2 - Wed May 21, 10:18AM CDT
Centrica plc announces that on 20 May 2014, it purchased (through J.P. Morgan Securities plc) 750,000 (seven hundred and fifty thousand) Centrica plc ordinary shares at an average price of 326.3338 pence per share. The highest price and the lowest price paid for these shares were 328.00 pence and 324.90 pence respectively.
The Dow Soars as Goldman Sachs, JPMorgan Chase Make Big Moves
Dan Caplinger, The Motley Fool - Motley Fool - Wed May 21, 10:01AM CDT
The Dow Jones Industrials jumped early Wednesday, gaining 142 points as of 11 a.m. EDT, as investors wait for the latest on the Federal Reserve's thought process. The central bank will release minutes from its most recent Federal Open Market...
JPMorgan, HSBC, Credit Agricole Charged by the EU - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed May 21, 10:00AM CDT
On Tuesday, in a latest move in their 2-year investigation, the European Union (EU) antitrust officials charged 3 more banks over collusion for manipulation of benchmark interest rates tied to the Euro.
JPMorgan Chase Throws Detroit a Lifeline
at The Street - Wed May 21, 9:41AM CDT
The Wall Street firm announces a $100 million injection.
The Zacks Analyst Blog Highlights:Twitter, Bank of America, American International Group, JPMorgan Chase and Morgan Stanley
PR Newswire - Wed May 21, 8:30AM CDT
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Twitter (NYSE:TWTR-Free Report), Bank of America Corporation (NYSE:BAC-Free Report), American International Group, Inc. (NYSE:AIG-Free Report), JPMorgan Chase & Co. (NYSE:JPM-Free Report) and Morgan Stanley (NYSE:MS-Free Report).
Will This Coverage Initiation Help J.P. Morgan (JPM) Stock Today?
at The Street - Wed May 21, 8:03AM CDT
MKM Partners initiated coverage on J.P. Morgan (JPM) with a "buy" rating and set a $65 price target. The firm believes the company is the strongest in the industry.
Why Dicks Sporting Goods (DKS) Stock Was Downgraded By Several Analysts Today
at The Street - Wed May 21, 7:09AM CDT
Shares of Dicks Sporting Goods (DKS) were downgraded today at Goldman Sachs (GS), Credit Suisse (CS), JPMorgan (JPM), and Piper Jaffray (PJC), and raised at BMO Capital Markets.
JPMorgan Chase & Co. Announces $100 Million Commitment to Support Detroit's Economic Recovery
Business Wire - Wed May 21, 7:01AM CDT
JPMorgan Chase & Co. unveiled today a $100 million, five-year commitment to support and accelerate Detroit's economic recovery and strengthen its communities. This long-term investment is the Firm's largest commitment to a city and among the largest corporate commitments to Detroit. It builds upon the Firm's deep roots as one of Michigan's leading financial services providers and corporate citizens.