JP Morgan Chase & Co (JPM) 55.14 $JPM
Jim Cramer's 'Mad Money' Recap: Running With the Bull Market
at The Street - Tue May 27, 7:17PM CDT
High-profile bulls are getting cautious, which will shake out the weaker ones and leave only true believers to push things ever upward, Cramer says.
FIS Announces Pricing of Senior Notes Offering
Business Wire - Tue May 27, 6:47PM CDT
Fidelity National Information Services, FIS(TM), (NYSE:FIS), the world's largest provider of banking and payments technology, consulting and outsourcing solutions, today announced the pricing of its sale of $300 million in aggregate principal amount of 1.450% Senior Notes due 2017 and $700 million in aggregate principal amount of 3.875% Senior Notes due 2024 (together, the "Notes"
. The Notes will be guaranteed by certain of FIS' subsidiaries. FIS intends to use the net proceeds from this offering to repay the entire outstanding principal amount of and accrued interest on its revolving credit facility, to repay up to $550 million of the outstanding principal amount of its Term Loan A-4 and for general corporate purposes. Any remaining proceeds will be used, together with additional borrowings under FIS' revolving credit facility, to fund the purchase, through a call for redemption intended to be effective on or about July 15, 2014, of the entire $500 million aggregate principal amount of its 7.875% senior notes due 2020.
Marsh & McLennan Companies Announces Pricing of $600 Million Senior Notes Offering
Business Wire - Tue May 27, 4:40PM CDT
Marsh & McLennan Companies, Inc. (the "Company" announced today that it has priced $600 million of 3.500% senior notes due 2024. The Company intends to use the net proceeds for general corporate purposes. The closing of the notes offering is expected to occur on May 30, 2014, subject to certain customary conditions. J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Barclays Capital Inc. and Citigroup Global Markets Inc. are acting as joint book-running managers for the offering. Deutsche Bank Securities Inc., GC Securities, a division of MMC Securities Corp., Goldman, Sachs & Co., HSBC Securities (USA) Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated are acting as co-managers for the offering.
After Yesterday's Rally of 1.12% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue May 27, 3:46PM CDT
JPMorgan Chase (NYSE:JPM) traded in a range yesterday that spanned from a low of $54.69 to a high of $55.43. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $54.60 on volume of 14.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
JPMorgan Chase Rises 1.12% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Tue May 27, 3:46PM CDT
JPMorgan Chase (NYSE:JPM) traded in a range yesterday that spanned from a low of $54.69 to a high of $55.43. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $54.60 on volume of 14.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Bank of America Exec Preaches Gospel of 'Too Big to Fail' Banking
at The Street - Tue May 27, 3:46PM CDT
Bank of America's corporate and investment banking chief emphasized the institution's size-related advantages during a presentation Tuesday, in what could be seen as a rebuttal to critics who argue the largest U.S. banks need to be broken up.
Strategic Hotels & Resorts, Inc. Announces Public Offering Of Common Stock
PR Newswire - Tue May 27, 3:15PM CDT
Strategic Hotels & Resorts, Inc. (the "Company" (NYSE: BEE) today announced that it is commencing an underwritten public offering of 34,000,000 shares of its common stock (the "Offering". The Company expects to grant the underwriters an option to purchase up to 5,100,000 additional shares of common stock to cover over-allotments, if any. J.P. Morgan, Deutsche Bank Securities, BofA Merrill Lynch, and Wells Fargo Securities will act as joint book-running managers for the Offering.
BioCryst Commences Public Offering of Common Stock
GlobeNewswire - Tue May 27, 3:01PM CDT
BioCryst Pharmaceuticals, Inc., (Nasdaq:BCRX) a pharmaceutical company focused on the development and commercialization of treatments for rare and infectious diseases, today announced that it is offering to sell $100 million of its common stock in an underwritten public offering. As part of this offering, BioCryst intends to grant the underwriters a 30-day option to purchase up to an additional $15 million of its common stock.
Wells Fargo Ends 'Robo-Signing' Lawsuit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue May 27, 2:13PM CDT
Wells Fargo & Company (WFC) is set to end the legal tussle it has been encountering since 2011 for a settlement of around a minimum of $67 million in connection with the 'robo-signing' fiasco
These Companies Raised Their Dividends Last Week
Eric Volkman, The Motley Fool - Motley Fool - Tue May 27, 1:17PM CDT
The pre-Memorial Day week was stuffed with dividend increases. By my tally, nine companies hiked their dividends during the week, giving their investors some happy news in advance of the holiday weekend. Arguably the most prominent of those...
BofA Resubmits Scaled-Down Stress-Test Plan
at Investor's Business Daily - Tue May 27, 10:44AM CDT
Bank of America (BAC) said it resubmitted a scaled-down stress-test plan to the Federal Reserve after the company in April revealed an error that led it to report $4 billion more in capital than it had. The Charlotte, N.C.-based bank made the...
Cramer: Geithner Deserves Better
at The Street - Tue May 27, 10:26AM CDT
The polemicists have seized the mike and buried the man.
Another Blow to Metal Warehousing - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue May 27, 10:10AM CDT
Wall Street Biggies - The Goldman Sachs Group, Inc. (GS) and JPMorgan Chase & Co. (JPM), Switzerland-based Glencore plc along with The London Metal Exchange (LME) - a subsidiary of Hong Kong Exchanges and Clearing Limited were sued by Duncan Galvanizing Corp. on Friday.
Chase Top Ranked in U.S. Mobile Banking Functionality for Third Straight Year
Business Wire - Tue May 27, 10:03AM CDT
Chase earned the highest score in an evaluation of the five largest retail U.S. banks in Forrester Research's report released today. Chase scored 69 out of 100 and tied with another bank for the top spot overall - earning #1 for the third straight year.
The Dow Seeks Another Record as Pfizer, Financials Shrug Off Setbacks
Dan Caplinger, The Motley Fool - Motley Fool - Tue May 27, 10:00AM CDT
The Memorial Day weekend didn't halt the positive momentum of the Dow Jones Industrials , which were up 75 points as of 11 a.m. EDT, about 35 points shy of joining the S&P 500 in setting a record high. Unexpectedly strong economic data showed...
IntercontinentalExchange Plans Euronext IPO
at The Street - Tue May 27, 9:19AM CDT
The New York Stock Exchange owner arranged to sell a 33% stake in the European subsidiary to a group of banks before the public offering.
Centrica Share Repurchase Programme
M2 - Tue May 27, 8:58AM CDT
Centrica plc announces that on 23 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 327.8080 pence per share. The highest price and the lowest price paid for these shares were 328.90 pence and 326.20 pence respectively.
FIS Announces Proposed Offering of Senior Notes
Business Wire - Tue May 27, 8:55AM CDT
Fidelity National Information Services, FIS(TM), (NYSE:FIS), the world's largest provider of banking and payments technology, consulting and outsourcing solutions, today announced that it intends to make an offering, subject to market and other considerations, of senior notes in one or more tranches with intermediate maturities (the "Notes". The Notes will be guaranteed by certain of FIS' subsidiaries. FIS intends to use the net proceeds from this offering to repay the entire outstanding principal amount of and accrued interest on its revolving credit facility, to repay up to $550 million of the outstanding principal amount of its Term Loan A-4 and for general corporate purposes. Any remaining proceeds will be used, together with additional borrowings under FIS' revolving credit facility, to fund the purchase, through a call for redemption intended to be effective on or about July 15, 2014, of the entire $500 million aggregate principal amount of its 7.875% senior notes due 2020.
The Stunning Way Wells Fargo & Co Beat Its 7 Biggest Peers
Patrick Morris, The Motley Fool - Motley Fool - Mon May 26, 10:02AM CDT
Wells Fargo is widely known for its commanding position in the $1.7 trillion mortgage market, but the degree in which it completely crushes its peers will surprise you. Massive size In 2013 alone it had $8.8 billion in revenue delivered from...
The Simple Way You Can Get Your Dream Vacation For Free
Matthew Frankel, The Motley Fool - Motley Fool - Sun May 25, 10:43AM CDT
Do you want to take a vacation, but cash is a little tight right now? If you're willing to do a little legwork, you could get a vacation for next to nothing, thanks to the healthy competition between the credit card companies. Here's how you can get...
Jim Cramer's 'Mad Money' Recap: Running With the Bull Market
at The Street - Tue May 27, 7:17PM CDT
High-profile bulls are getting cautious, which will shake out the weaker ones and leave only true believers to push things ever upward, Cramer says.
FIS Announces Pricing of Senior Notes Offering
Business Wire - Tue May 27, 6:47PM CDT
Fidelity National Information Services, FIS(TM), (NYSE:FIS), the world's largest provider of banking and payments technology, consulting and outsourcing solutions, today announced the pricing of its sale of $300 million in aggregate principal amount of 1.450% Senior Notes due 2017 and $700 million in aggregate principal amount of 3.875% Senior Notes due 2024 (together, the "Notes"
. The Notes will be guaranteed by certain of FIS' subsidiaries. FIS intends to use the net proceeds from this offering to repay the entire outstanding principal amount of and accrued interest on its revolving credit facility, to repay up to $550 million of the outstanding principal amount of its Term Loan A-4 and for general corporate purposes. Any remaining proceeds will be used, together with additional borrowings under FIS' revolving credit facility, to fund the purchase, through a call for redemption intended to be effective on or about July 15, 2014, of the entire $500 million aggregate principal amount of its 7.875% senior notes due 2020. Marsh & McLennan Companies Announces Pricing of $600 Million Senior Notes Offering
Business Wire - Tue May 27, 4:40PM CDT
Marsh & McLennan Companies, Inc. (the "Company"
announced today that it has priced $600 million of 3.500% senior notes due 2024. The Company intends to use the net proceeds for general corporate purposes. The closing of the notes offering is expected to occur on May 30, 2014, subject to certain customary conditions. J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Barclays Capital Inc. and Citigroup Global Markets Inc. are acting as joint book-running managers for the offering. Deutsche Bank Securities Inc., GC Securities, a division of MMC Securities Corp., Goldman, Sachs & Co., HSBC Securities (USA) Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated are acting as co-managers for the offering. After Yesterday's Rally of 1.12% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue May 27, 3:46PM CDT
JPMorgan Chase (NYSE:JPM) traded in a range yesterday that spanned from a low of $54.69 to a high of $55.43. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $54.60 on volume of 14.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
JPMorgan Chase Rises 1.12% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Tue May 27, 3:46PM CDT
JPMorgan Chase (NYSE:JPM) traded in a range yesterday that spanned from a low of $54.69 to a high of $55.43. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $54.60 on volume of 14.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Bank of America Exec Preaches Gospel of 'Too Big to Fail' Banking
at The Street - Tue May 27, 3:46PM CDT
Bank of America's corporate and investment banking chief emphasized the institution's size-related advantages during a presentation Tuesday, in what could be seen as a rebuttal to critics who argue the largest U.S. banks need to be broken up.
Strategic Hotels & Resorts, Inc. Announces Public Offering Of Common Stock
PR Newswire - Tue May 27, 3:15PM CDT
Strategic Hotels & Resorts, Inc. (the "Company"
(NYSE: BEE) today announced that it is commencing an underwritten public offering of 34,000,000 shares of its common stock (the "Offering". The Company expects to grant the underwriters an option to purchase up to 5,100,000 additional shares of common stock to cover over-allotments, if any. J.P. Morgan, Deutsche Bank Securities, BofA Merrill Lynch, and Wells Fargo Securities will act as joint book-running managers for the Offering. BioCryst Commences Public Offering of Common Stock
GlobeNewswire - Tue May 27, 3:01PM CDT
BioCryst Pharmaceuticals, Inc., (Nasdaq:BCRX) a pharmaceutical company focused on the development and commercialization of treatments for rare and infectious diseases, today announced that it is offering to sell $100 million of its common stock in an underwritten public offering. As part of this offering, BioCryst intends to grant the underwriters a 30-day option to purchase up to an additional $15 million of its common stock.
Wells Fargo Ends 'Robo-Signing' Lawsuit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue May 27, 2:13PM CDT
Wells Fargo & Company (WFC) is set to end the legal tussle it has been encountering since 2011 for a settlement of around a minimum of $67 million in connection with the 'robo-signing' fiasco
These Companies Raised Their Dividends Last Week
Eric Volkman, The Motley Fool - Motley Fool - Tue May 27, 1:17PM CDT
The pre-Memorial Day week was stuffed with dividend increases. By my tally, nine companies hiked their dividends during the week, giving their investors some happy news in advance of the holiday weekend. Arguably the most prominent of those...
BofA Resubmits Scaled-Down Stress-Test Plan
at Investor's Business Daily - Tue May 27, 10:44AM CDT
Bank of America (BAC) said it resubmitted a scaled-down stress-test plan to the Federal Reserve after the company in April revealed an error that led it to report $4 billion more in capital than it had. The Charlotte, N.C.-based bank made the...
Cramer: Geithner Deserves Better
at The Street - Tue May 27, 10:26AM CDT
The polemicists have seized the mike and buried the man.
Another Blow to Metal Warehousing - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue May 27, 10:10AM CDT
Wall Street Biggies - The Goldman Sachs Group, Inc. (GS) and JPMorgan Chase & Co. (JPM), Switzerland-based Glencore plc along with The London Metal Exchange (LME) - a subsidiary of Hong Kong Exchanges and Clearing Limited were sued by Duncan Galvanizing Corp. on Friday.
Chase Top Ranked in U.S. Mobile Banking Functionality for Third Straight Year
Business Wire - Tue May 27, 10:03AM CDT
Chase earned the highest score in an evaluation of the five largest retail U.S. banks in Forrester Research's report released today. Chase scored 69 out of 100 and tied with another bank for the top spot overall - earning #1 for the third straight year.
The Dow Seeks Another Record as Pfizer, Financials Shrug Off Setbacks
Dan Caplinger, The Motley Fool - Motley Fool - Tue May 27, 10:00AM CDT
The Memorial Day weekend didn't halt the positive momentum of the Dow Jones Industrials , which were up 75 points as of 11 a.m. EDT, about 35 points shy of joining the S&P 500 in setting a record high. Unexpectedly strong economic data showed...
IntercontinentalExchange Plans Euronext IPO
at The Street - Tue May 27, 9:19AM CDT
The New York Stock Exchange owner arranged to sell a 33% stake in the European subsidiary to a group of banks before the public offering.
Centrica Share Repurchase Programme
M2 - Tue May 27, 8:58AM CDT
Centrica plc announces that on 23 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 327.8080 pence per share. The highest price and the lowest price paid for these shares were 328.90 pence and 326.20 pence respectively.
FIS Announces Proposed Offering of Senior Notes
Business Wire - Tue May 27, 8:55AM CDT
Fidelity National Information Services, FIS(TM), (NYSE:FIS), the world's largest provider of banking and payments technology, consulting and outsourcing solutions, today announced that it intends to make an offering, subject to market and other considerations, of senior notes in one or more tranches with intermediate maturities (the "Notes"
. The Notes will be guaranteed by certain of FIS' subsidiaries. FIS intends to use the net proceeds from this offering to repay the entire outstanding principal amount of and accrued interest on its revolving credit facility, to repay up to $550 million of the outstanding principal amount of its Term Loan A-4 and for general corporate purposes. Any remaining proceeds will be used, together with additional borrowings under FIS' revolving credit facility, to fund the purchase, through a call for redemption intended to be effective on or about July 15, 2014, of the entire $500 million aggregate principal amount of its 7.875% senior notes due 2020. The Stunning Way Wells Fargo & Co Beat Its 7 Biggest Peers
Patrick Morris, The Motley Fool - Motley Fool - Mon May 26, 10:02AM CDT
Wells Fargo is widely known for its commanding position in the $1.7 trillion mortgage market, but the degree in which it completely crushes its peers will surprise you. Massive size In 2013 alone it had $8.8 billion in revenue delivered from...
The Simple Way You Can Get Your Dream Vacation For Free
Matthew Frankel, The Motley Fool - Motley Fool - Sun May 25, 10:43AM CDT
Do you want to take a vacation, but cash is a little tight right now? If you're willing to do a little legwork, you could get a vacation for next to nothing, thanks to the healthy competition between the credit card companies. Here's how you can get...
