JP Morgan Chase & Co (JPM) 55.60 $JPM
Boston Properties Establishes ATM Stock Offering Program
Business Wire - Tue Jun 03, 4:25PM CDT
Boston Properties, Inc. (NYSE: BXP), a real estate investment trust, announced today that it has established an "at the market" stock offering program through which it may sell up to an aggregate of $600 million of its common stock. This program replaces the Company's prior $600 million "at the market" stock offering program that expired on June 2, 2014. The stock would be offered through BNY Mellon Capital Markets, LLC, BofA Merrill Lynch, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, who will be acting as sales agents.
Health Care REIT Reaps $1B from Offering - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jun 03, 4:15PM CDT
Health Care REIT (HCN) garnered around $1.0 billion in proceeds from a public offering to strengthen its liquidity position.
Can These Stocks Outperform the Big Four Banks?
Matt Koppenheffer and David Hanson, The Motley Fool - Motley Fool - Tue Jun 03, 12:57PM CDT
JPMorgan Chase , Bank of America , Wells Fargo , and Citigroup make up the big four banks. But can a new collection of bank stocks usurp their top rankings in the next decade? With that in mind, Fool in the blank: A basket of...
Why Volkswagen (VLKAY) Stock Is Lower Today
at The Street - Tue Jun 03, 11:31AM CDT
Shares of Volkswagen (VLKAY) are down on heavy trading volume after the automaker said it's looking to raise up to 2 billion euros, or $2.72 billion, by issuing new preference shares in an accelerated book building placement to institutional...
BioCryst Announces Exercise of Over-Allotment Option and Completion of Public Offering
GlobeNewswire - Tue Jun 03, 9:40AM CDT
BioCryst Pharmaceuticals, Inc. (Nasdaq:BCRX) today announced the completion of an underwritten public offering of 11,500,000 shares of its common stock, including 1,500,000 shares sold pursuant to the full exercise of the underwriters' option to purchase additional shares. All of the shares were offered at a price to the public of $10.00 per share. The total gross proceeds from this offering to BioCryst, including the exercise of the option to purchase additional shares were $115 million, before deducting underwriting discounts and commissions and estimated offering expenses. BioCryst expects to use the net proceeds of this offering for general corporate purposes, including funding clinical development of BCX4161, the development of both second generation hereditary angioedema compounds, commercialization activities relating to peramivir and the advancement of other preclinical rare disease programs.
FIS Completes Public Offering of $1 Billion of Senior Notes
Business Wire - Tue Jun 03, 9:04AM CDT
Fidelity National Information Services, Inc. ("FIS"
(NYSE: FIS), the world's largest provider of banking and payments technology, consulting and outsourcing solutions, today announced the completion of its public offering 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".
Banks Face Serious Threat in Second Half
at The Street - Tue Jun 03, 6:00AM CDT
Bank stocks are likely see material weakness in the second half of 2014 unless the economy picks up and interest rates begin to rise, analysts contend.
JPMorgan Sued by LA Over Lending Practices - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jun 02, 4:40PM CDT
Legal predicaments continue to haunt JPMorgan (JPM). The bank has been sued by Los Angeles over its discriminatory lending practices.
CoStar Group, Inc. Announces Public Offering of Common Stock
GlobeNewswire - Mon Jun 02, 4:21PM CDT
CoStar Group, Inc. (Nasdaq:CSGP) ("CoStar" announced it has commenced a public offering of 2,000,000 shares of its common stock. CoStar expects to grant the underwriters in the offering a 30-day option to purchase up to an additional 300,000 shares of its common stock. J.P. Morgan, Goldman, Sachs & Co., BofA Merrill Lynch, Citigroup, SunTrust Robinson Humphrey and Wells Fargo Securities are acting as joint-bookrunning managers for the offering, with Needham & Company, Stephens Inc., William Blair, JMP Securities and B. Riley & Co. acting as co-managers. CoStar expects to use the net proceeds of the offering to fund all or a portion of the costs of any strategic acquisitions it determines to pursue in the future, to finance the growth of its business and for working capital and other general corporate purposes.
Broadcom Mulls Wireless Unit Sale; Stock Rises
at Investor's Business Daily - Mon Jun 02, 3:24PM CDT
Broadcom (BRCM) stock jumped Monday after the chipmaker said it will look to sell or wind down its baseband wireless business. Irvine, Calif.-based Broadcom said it has hired investment banker JPMorgan (JPM) to advise on its "strategic alternatives."...
7 Stocks That Will Lift the Dow Jones Industrial Average to New High
at The Street - Mon Jun 02, 11:33AM CDT
Du Pont, Disney, Intel, Johnson & Johnson, Microsoft, Travelers and Exxon Mobil are likely to lift the Dow Jones Industrial Average to a new all-time high in June.
Buy Las Vegas Sands for Less Than What It's Paying for Itself
Bradley Seth, McNew, The Motley Fool - Motley Fool - Mon Jun 02, 10:46AM CDT
Las Vegas Sands has led the industry with an incredibly profitable last few years, thanks in large part to the company's strong and growing operations in Macau and help from its Singapore resort. With first-quarter 2014 revenue of a record $4.01...
"JPMorgan Chase Is Far From a Fortress"
Gaurav Seetharam, The Motley Fool - Motley Fool - Mon Jun 02, 10:42AM CDT
Anat Admati is a Professor of Finance and Economics at Stanford University, but she is more widely known for her critically acclaimed book: The Bankers' New Clothes: What's Wrong With Banking and What to Do About It . Alongside her co-author,...
Centrica Share Repurchase Programme
M2 - Mon Jun 02, 10:11AM CDT
Centrica plc announces that on 30 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 334.1761 pence per share. The highest price and the lowest price paid for these shares were 336.80 pence and 332.60 pence respectively.
The Dow Stumbles on Mixed Economic Messages; Financials Fall Furthest
Dan Caplinger, The Motley Fool - Motley Fool - Mon Jun 02, 10:02AM CDT
The Dow Jones Industrials opened the week on a mixed note, initially jumping to a new record level before falling back by nine points as of 11 a.m. EDT. With earnings season just about over, most market participants are paying more attention to...
Why Broadcom (BRCM) Stock Is Surging This Morning
at The Street - Mon Jun 02, 7:44AM CDT
Shares of Broadcom (BRCM) are surging in pre-market trade after the company announced that it's exploring strategic alternatives for its cellular baseband business, including a potential sale or wind-down.
10 Stocks Legendary Value Investor Benjamin Graham Would Buy Now
at The Street - Mon Jun 02, 5:00AM CDT
These 10 companies pass Benjamin Graham's requirements and appear significantly undervalued.
The Dow Hits a New Record, but Will the Fed Take the Punch Bowl Away?
Dan Caplinger, The Motley Fool - Motley Fool - Fri May 30, 8:03PM CDT
The Dow Jones Industrials overcame early weakness to close up 18 points, which was just barely enough to allow the Dow to set its fifth all-time record high for 2014. Yet, even as the Dow joined the S&P 500 at new heights, some investors...
Los Angeles sues JPMorgan Chase over foreclosures
AP - Fri May 30, 7:25PM CDT
LOS ANGELES (AP) — Los Angeles is suing JPMorgan Chase for mortgage discrimination that the city says led to a wave of foreclosures that blighted neighborhoods, reduced property taxes and increased the need for costly city services.
Is Walmart America the Last Bastion of Cheap Retail Banking?
at The Street - Fri May 30, 12:57PM CDT
On the banks of the Mississippi, where people are free from Bank of America and Wells Fargo, they stand to be captive to Walmart.
Boston Properties Establishes ATM Stock Offering Program
Business Wire - Tue Jun 03, 4:25PM CDT
Boston Properties, Inc. (NYSE: BXP), a real estate investment trust, announced today that it has established an "at the market" stock offering program through which it may sell up to an aggregate of $600 million of its common stock. This program replaces the Company's prior $600 million "at the market" stock offering program that expired on June 2, 2014. The stock would be offered through BNY Mellon Capital Markets, LLC, BofA Merrill Lynch, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, who will be acting as sales agents.
Health Care REIT Reaps $1B from Offering - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jun 03, 4:15PM CDT
Health Care REIT (HCN) garnered around $1.0 billion in proceeds from a public offering to strengthen its liquidity position.
Can These Stocks Outperform the Big Four Banks?
Matt Koppenheffer and David Hanson, The Motley Fool - Motley Fool - Tue Jun 03, 12:57PM CDT
JPMorgan Chase , Bank of America , Wells Fargo , and Citigroup make up the big four banks. But can a new collection of bank stocks usurp their top rankings in the next decade? With that in mind, Fool in the blank: A basket of...
Why Volkswagen (VLKAY) Stock Is Lower Today
at The Street - Tue Jun 03, 11:31AM CDT
Shares of Volkswagen (VLKAY) are down on heavy trading volume after the automaker said it's looking to raise up to 2 billion euros, or $2.72 billion, by issuing new preference shares in an accelerated book building placement to institutional...
BioCryst Announces Exercise of Over-Allotment Option and Completion of Public Offering
GlobeNewswire - Tue Jun 03, 9:40AM CDT
BioCryst Pharmaceuticals, Inc. (Nasdaq:BCRX) today announced the completion of an underwritten public offering of 11,500,000 shares of its common stock, including 1,500,000 shares sold pursuant to the full exercise of the underwriters' option to purchase additional shares. All of the shares were offered at a price to the public of $10.00 per share. The total gross proceeds from this offering to BioCryst, including the exercise of the option to purchase additional shares were $115 million, before deducting underwriting discounts and commissions and estimated offering expenses. BioCryst expects to use the net proceeds of this offering for general corporate purposes, including funding clinical development of BCX4161, the development of both second generation hereditary angioedema compounds, commercialization activities relating to peramivir and the advancement of other preclinical rare disease programs.
FIS Completes Public Offering of $1 Billion of Senior Notes
Business Wire - Tue Jun 03, 9:04AM CDT
Fidelity National Information Services, Inc. ("FIS"
(NYSE: FIS), the world's largest provider of banking and payments technology, consulting and outsourcing solutions, today announced the completion of its public offering 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". Banks Face Serious Threat in Second Half
at The Street - Tue Jun 03, 6:00AM CDT
Bank stocks are likely see material weakness in the second half of 2014 unless the economy picks up and interest rates begin to rise, analysts contend.
JPMorgan Sued by LA Over Lending Practices - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jun 02, 4:40PM CDT
Legal predicaments continue to haunt JPMorgan (JPM). The bank has been sued by Los Angeles over its discriminatory lending practices.
CoStar Group, Inc. Announces Public Offering of Common Stock
GlobeNewswire - Mon Jun 02, 4:21PM CDT
CoStar Group, Inc. (Nasdaq:CSGP) ("CoStar"
announced it has commenced a public offering of 2,000,000 shares of its common stock. CoStar expects to grant the underwriters in the offering a 30-day option to purchase up to an additional 300,000 shares of its common stock. J.P. Morgan, Goldman, Sachs & Co., BofA Merrill Lynch, Citigroup, SunTrust Robinson Humphrey and Wells Fargo Securities are acting as joint-bookrunning managers for the offering, with Needham & Company, Stephens Inc., William Blair, JMP Securities and B. Riley & Co. acting as co-managers. CoStar expects to use the net proceeds of the offering to fund all or a portion of the costs of any strategic acquisitions it determines to pursue in the future, to finance the growth of its business and for working capital and other general corporate purposes. Broadcom Mulls Wireless Unit Sale; Stock Rises
at Investor's Business Daily - Mon Jun 02, 3:24PM CDT
Broadcom (BRCM) stock jumped Monday after the chipmaker said it will look to sell or wind down its baseband wireless business. Irvine, Calif.-based Broadcom said it has hired investment banker JPMorgan (JPM) to advise on its "strategic alternatives."...
7 Stocks That Will Lift the Dow Jones Industrial Average to New High
at The Street - Mon Jun 02, 11:33AM CDT
Du Pont, Disney, Intel, Johnson & Johnson, Microsoft, Travelers and Exxon Mobil are likely to lift the Dow Jones Industrial Average to a new all-time high in June.
Buy Las Vegas Sands for Less Than What It's Paying for Itself
Bradley Seth, McNew, The Motley Fool - Motley Fool - Mon Jun 02, 10:46AM CDT
Las Vegas Sands has led the industry with an incredibly profitable last few years, thanks in large part to the company's strong and growing operations in Macau and help from its Singapore resort. With first-quarter 2014 revenue of a record $4.01...
"JPMorgan Chase Is Far From a Fortress"
Gaurav Seetharam, The Motley Fool - Motley Fool - Mon Jun 02, 10:42AM CDT
Anat Admati is a Professor of Finance and Economics at Stanford University, but she is more widely known for her critically acclaimed book: The Bankers' New Clothes: What's Wrong With Banking and What to Do About It . Alongside her co-author,...
Centrica Share Repurchase Programme
M2 - Mon Jun 02, 10:11AM CDT
Centrica plc announces that on 30 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 334.1761 pence per share. The highest price and the lowest price paid for these shares were 336.80 pence and 332.60 pence respectively.
The Dow Stumbles on Mixed Economic Messages; Financials Fall Furthest
Dan Caplinger, The Motley Fool - Motley Fool - Mon Jun 02, 10:02AM CDT
The Dow Jones Industrials opened the week on a mixed note, initially jumping to a new record level before falling back by nine points as of 11 a.m. EDT. With earnings season just about over, most market participants are paying more attention to...
Why Broadcom (BRCM) Stock Is Surging This Morning
at The Street - Mon Jun 02, 7:44AM CDT
Shares of Broadcom (BRCM) are surging in pre-market trade after the company announced that it's exploring strategic alternatives for its cellular baseband business, including a potential sale or wind-down.
10 Stocks Legendary Value Investor Benjamin Graham Would Buy Now
at The Street - Mon Jun 02, 5:00AM CDT
These 10 companies pass Benjamin Graham's requirements and appear significantly undervalued.
The Dow Hits a New Record, but Will the Fed Take the Punch Bowl Away?
Dan Caplinger, The Motley Fool - Motley Fool - Fri May 30, 8:03PM CDT
The Dow Jones Industrials overcame early weakness to close up 18 points, which was just barely enough to allow the Dow to set its fifth all-time record high for 2014. Yet, even as the Dow joined the S&P 500 at new heights, some investors...
Los Angeles sues JPMorgan Chase over foreclosures
AP - Fri May 30, 7:25PM CDT
LOS ANGELES (AP) — Los Angeles is suing JPMorgan Chase for mortgage discrimination that the city says led to a wave of foreclosures that blighted neighborhoods, reduced property taxes and increased the need for costly city services.
Is Walmart America the Last Bastion of Cheap Retail Banking?
at The Street - Fri May 30, 12:57PM CDT
On the banks of the Mississippi, where people are free from Bank of America and Wells Fargo, they stand to be captive to Walmart.
