JPM News 56.97 06/09/2014 05:08:38 JP Morgan Chase & Co (JPM

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1 Reason JPMorgan Chase and Citigroup Aren’t Soaring Yet
Matthew Frankel, The Motley Fool - Motley Fool - Sun Jun 08, 2:28PM CDT
Flickr / AlaskanDude. Many of the big U.S. banks are much better capitalized than they were in the years just after the crisis, and they are also doing a good job of increasing their customer bases, credit card business, and other banking products....

3 New Issues IPO Investors Need to Know About for This Week
Eric Volkman, The Motley Fool - Motley Fool - Sun Jun 08, 11:00AM CDT
And we're back. After taking their traditional break around Memorial Day, the players in the IPO market are back at their desks, and they have plenty of work to do. Between now and Friday, eight companies are slated to make their debuts, six of which...

3 Stocks to Buy in June
Motley Fool Staff - Motley Fool - Sun Jun 08, 9:17AM CDT
Photo credit: Pascal Vyncke What do Realty Income , TD Ameritrade , and JPMorgan Chase have in common? Not much unless you are talking about cheap stocks. When an investor talks about an "idea," it's often a nod to an investment with...

1 Mortgage Mistake Millions of Americans Make
Shamus Funk, The Motley Fool - Motley Fool - Sat Jun 07, 10:00AM CDT
Source: Flickr / Mark Moz. Buying beyond our means, adjustable rate mortgages, and reverse mortgages are common mortgage mistakes that many consumers make. But even financially savvy Americans can make the wrong choice when it comes to paying...

Are You Ready for Some Hockey Off the Rink? Check Out These Stocks
at The Street - Fri Jun 06, 5:08PM CDT
See how these stocks will be affected by The Stanley Cup.

Feds Want More Than BofA's $12 Bil Settlement Offer
at Investor's Business Daily - Fri Jun 06, 3:17PM CDT
Bank of America (BAC) reportedly is negotiating a deal worth at least $12 billion to settle allegations by the Justice Department and multiple states into the lender's alleged handling of shabby mortgages. The settlement could get more expensive,...

The Largest Bank Settlement Might Not Belong To JPMorgan Chase or Bank of America
Matthew Frankel, The Motley Fool - Motley Fool - Fri Jun 06, 3:05PM CDT
It may come as a surprise to many investors that the largest settlement a bank pays to the U.S. government might not come from an American bank. So far we've seen such enormous settlements like $13 billion from JPMorgan Chase , and it looks like...

BofA to Pay $12B to Settle Mortgage Issues? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jun 06, 2:20PM CDT
Bank of America (BAC) is in talks with the DOJ and many states to pay at least $12 billion, in a bid to settle several litigations and probes related to its pre-crisis mortgage practices.

CoStar Group Prices Offering of 3M Shares - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jun 06, 11:50AM CDT
CoStar Group (CSGP) announced the pricing of a public offering of three million common shares at $160.00 per share. The offering is expected to generate net proceeds of $460.1 million.

Bank of America Corp’s Last Big Legal Settlement is in the Works
Amanda Alix, The Motley Fool - Motley Fool - Fri Jun 06, 10:56AM CDT
World Economic Forum. When Bank of America Corp's CEO Brian Moynihan spoke at the Sanford C. Bernstein Strategic Decisions Conference last month, he came across as frank and honest about the host of problems he has dealt with at the big bank...

Why Cheetah Mobile (CMCM) Stock Is Soaring Today
at The Street - Fri Jun 06, 9:55AM CDT
Shares of Cheetah Mobile (CMCM) are up after JPMorgan (JPM) initiated coverage on the company with an 'overweight' rating.

How Bank of America Can Shrug Off a $12 Billion Settlement
Alex Dumortier, CFA, The Motley Fool - Motley Fool - Fri Jun 06, 9:21AM CDT
After hitting another record high yesterday -- the seventh in the last eight trading sessions -- U.S. stocks are higher still on Friday morning, with the benchmark S&P 500 and the narrower Dow Jones Industrial Average up 0.3% and nearly...

Dow 30 Stock Roundup: UnitedHealth Hikes Dividend, DuPont to Sell Surface Biz - Analyst Blog
Swarup Gupta - Zacks Investment Research - Fri Jun 06, 9:17AM CDT
The blue-chip index hit record highs twice this week and ended in the green on all days but for Tuesday.

Stock Market News for June 06, 2014 - Market News
Zacks Equity Research - Zacks Investment Research - Fri Jun 06, 9:06AM CDT
Benchmarks notched record highs again on Thursday following the announcement of stimulus measures by the ECB intended to boost Eurozone’s recovery

Bank of America's Latest Legal Tab Would Be Cheap at $12B
at The Street - Fri Jun 06, 8:52AM CDT
Bank of America's last big mortgage dispute with regulators now has a number on it: $12 billion.

Stock Market Today: Bank of America’s $12 Billion Penalty and Hertz’s Big Mistake
Demitrios Kalogeropoulos, The Motley Fool - Motley Fool - Fri Jun 06, 8:25AM CDT
The Dow Jones Industrial Average has gained 47 points in pre-market trading, suggesting a positive start for the stock market today. However, investors can expect plenty of volatility ahead as Wall Street digests this morning's jobs report from...

Counting Out This Bank of America Business Is a Huge Mistake
Jordan Wathen, The Motley Fool - Motley Fool - Fri Jun 06, 6:42AM CDT
This article is part of a series on the complete valuation analysis of  Bank of America   .  For Jordan's full analysis,  click here . What's a room full of traders worth? To Bank of America, the answer is about $1.6 billion in net income...

CoStar Group, Inc. Announces Upsizing and Pricing of Common Stock Offering
GlobeNewswire - Thu Jun 05, 8:02PM CDT
CoStar Group, Inc. (Nasdaq:CSGP) ("CoStar" today announced it has priced a public offering of 3,000,000 shares of its common stock at $160.00 per share. The offering was upsized from the previously announced public offering of 2,000,000 shares of common stock. The Company has granted the underwriters in the offering a 30-day option to purchase up to an additional 450,000 shares of its common stock. CoStar Group expects to receive net proceeds of $460.1 million, or $529.2 million if the underwriters exercise in full their option to purchase additional shares, after deducting underwriting discounts and commissions and other estimated offering expenses. Subject to customary conditions, the offering is expected to close on or about June 11, 2014.

JPMorgan Chase Set to Possibly Pullback After Yesterday's Rally of 1.71%
Comtex SmarTrend(R) - Thu Jun 05, 3:43PM CDT
JPMorgan Chase (NYSE:JPM) traded in a range yesterday that spanned from a low of $55.49 to a high of $56.66. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $55.72 on volume of 16.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

After Yesterday's Rally of 1.71% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Thu Jun 05, 3:43PM CDT
JPMorgan Chase (NYSE:JPM) traded in a range yesterday that spanned from a low of $55.49 to a high of $56.66. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $55.72 on volume of 16.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
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