Dow Earnings Season: How Outlier Stocks Can Distort Entire Industries
Dan Caplinger, The Motley Fool - Motley Fool - Thu May 22, 3:30PM CDT
The Dow Jones Industrials picked up further ground on Thursday, climbing 10 points as the stock market built on Wednesday's more impressive gain. For the most part, the first-quarter earnings season is over, and although a few stragglers have yet...
RBS to Trim Interest Rates Trading Business - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu May 22, 2:10PM CDT
The Royal Bank of Scotland (RBS) is scaling down its interest-rate trading business which recently lost its competitive edge.
JPMorgan Chase to Present at the Morgan Stanley Financials Conference
Business Wire - Thu May 22, 1:50PM CDT
Marianne Lake, Chief Financial Officer of JPMorgan Chase & Co., will present at the Morgan Stanley Financials Conference at the Waldorf Astoria Hotel in New York City on Wednesday, June 11, 2014, at 8:00 a.m. (Eastern).
Centrica Share Repurchase Programme
M2 - Thu May 22, 10:24AM CDT
Centrica plc announces that on 21 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 327.2197 pence per share. The highest price and the lowest price paid for these shares were 328.50 pence and 325.40 pence respectively.
ConvergEx Group Hires Scott McLaughlin and Eric Soderberg to Lead Sales and Marketing
PR Newswire - Thu May 22, 10:04AM CDT
ConvergEx Group, a leading provider of global brokerage and trading-related services, today announced that Scott McLaughlin has joined the firm as Managing Director, Global Head of Sales and Eric Soderberg has joined as Managing Director, Chief Marketing Officer.
Corporate Capital Trust Closes $400 Million Senior Secured Term Loan
GlobeNewswire - Thu May 22, 8:43AM CDT
Corporate Capital Trust, a business development company that provides individuals the opportunity to invest in the debt of privately owned American companies, closed a new five-year senior secured-term loan for $400 million.
Volcker: Global Regulators Can Create a Regime for Failed Banks
at The Street - Thu May 22, 8:37AM CDT
Former Federal Reserve Chairman Paul Volcker on Wednesday said he is optimistic that international bank supervisors will be able to strike agreements on complex cross-border issues that exist when setting up a global system to dismantle a big failing...
Singapore Airlines Takes to the Sky with Chase Ultimate Rewards(SM)
Business Wire - Thu May 22, 8:06AM CDT
Chase Card Services, a division of JPMorgan Chase & Co., today announced the addition of Singapore Airlines as its newest Chase Ultimate Rewards(SM) point transfer partner. A premier rewards program for cardholders that seek travel redemption alternatives, Ultimate Rewards offers flexibility, ease and value. Ultimate Rewards' new partnership allows cardholders to redeem points for travel on Singapore Airlines to destinations spanning a network spread over six continents.
Which Billionaire Investor Has the Right Idea on The Big Banks?
Raymond Merola, The Motley Fool - Motley Fool - Thu May 22, 6:00AM CDT
Blindly following moves by the largest money managers isn't advised; however, investors may gain valuable insight by looking behind the headlines when 2 fund manager titans have divergent views on stocks in the same industry. While billionaire...
'Fast Money' Recap: Going Global
at The Street - Thu May 22, 4:00AM CDT
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...