NY judge warily lets $285M Citigroup deal proceed
By LARRY NEUMEISTER - AP - Tue Aug 05, 6:28PM CDT
NEW YORK (AP) — A Manhattan judge begrudgingly approved a long-delayed $285 million settlement between Citigroup Inc. and government regulators Tuesday over toxic mortgage securities, but not without a parting shot at the appeals court that forced his hand.
JP MORGAN
at Investor's Business Daily - Tue Aug 05, 5:47PM CDT
JP MORGAN (JPM) is one of the 11 top U.S. banks ordered by the Fed and FDIC to redo their living wills by summer '15 for winding down operations in case they fail.
US regulators: Banks' failure plans inadequate
AP - Tue Aug 05, 5:19PM CDT
WASHINGTON (AP) — Federal regulators have told the biggest banks in the U.S. that their plans for unwinding their operations in case of failure are inadequate to prevent the sort of financial disaster that struck in 2008 and led to a massive government bailout.
Look for Shares of JPMorgan Chase to Potentially Rebound after Yesterday's 1.04% Sell Off
Comtex SmarTrend(R) - Tue Aug 05, 3:43PM CDT
JPMorgan Chase (NYSE:JPM) traded in a range yesterday that spanned from a low of $55.60 to a high of $56.60. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $55.97 on volume of 16.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SmarTrend Watching for Potential Rebound in Shares of JPMorgan Chase After 1.04% Loss
Comtex SmarTrend(R) - Tue Aug 05, 3:42PM CDT
JPMorgan Chase (NYSE:JPM) traded in a range yesterday that spanned from a low of $55.60 to a high of $56.60. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $55.97 on volume of 16.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Cooper Tire & Rubber Company to Present at J.P. Morgan 2014 Auto Conference
Business Wire - Tue Aug 05, 2:32PM CDT
Cooper Tire & Rubber Company (NYSE: CTB) today announced that Brad Hughes, President, International Operations and Chief Financial Officer, and Chris Ostrander, President, Americas Operations, are scheduled to present at the J.P. Morgan 2014 Auto Conference on August 13 at 10 a.m. EDT.
HealthEquity Announces Closing of its Initial Public Offering
Business Wire - Tue Aug 05, 11:39AM CDT
HealthEquity, Inc. (NASDAQ: HQY), one of the largest HSA non-bank custodians, today announced the closing of its previously announced initial public offering of 10,465,000 shares of common stock at a price of $14.00 per share, resulting in net proceeds from the offering of approximately $133.4 million, after deducting underwriting discounts and commissions, and estimated offering expenses payable by HealthEquity. The shares are listed on the NASDAQ Global Select Market under the ticker symbol "HQY."
Dow: Investing Essentials
Alex Dumortier, CFA, The Motley Fool - Motley Fool - Tue Aug 05, 9:53AM CDT
Credit : Rafael Matsunaga via Flickr . The Dow Jones Industrial Average , commonly known as "the Dow," is a price-weighted stock index of 30 leading U.S. companies, roughly two-thirds of which are manufacturers of industrial and consumer goods...
JPMorgan Chase (JPM) Crosses Pivot Point Support at $56.33
Comtex SmarTrend(R) - Tue Aug 05, 9:00AM CDT
Shares of JPMorgan Chase (NYSE:JPM) have bearishly opened below the pivot of $56.66 today and have reached the first support level of $56.33. Should the shares continue to fall, the support pivots of $56.02 and $55.38 will be of interest.
The Zacks Analyst Blog Highlights: Citigroup, Bank of America, JPMorgan Chase, Capital One Financial and Skechers
PR Newswire - Tue Aug 05, 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 Citigroup Inc. (NYSE:C-Free Report), Bank of America Corp. (NYSE:BAC-Free Report), JPMorgan Chase & Co. (NYSE:JPM-Free Report), Capital One Financial Corp. (NYSE:COF-Free Report) and Skechers U.S.A., Inc. (NYSE:SKX-Free Report).
Chase Sapphire Preferred and Bravo Media Celebrate Series Premiere of "Top Chef Duels" with Tasting Event in New York City
Business Wire - Tue Aug 05, 8:26AM CDT
Chase Sapphire Preferred(R), a premier travel rewards card from Chase, in partnership with Bravo Media co-hosted the "Top Chef Duels" Premiere Tasting Event in New York City. "Top Chef Duels" host and judge Curtis Stone, judge Gail Simmons and 13 critically-acclaimed chefs featured in the premiere season participated in the duel-infused event, which included head-to-head cooking demonstrations playing on themes like hot versus cold, and traditional versus modern. Chase Sapphire cardholders were offered a unique VIP experience that included early entrance to the event, an opportunity to meet and take photos with "Top Chef Duels" contestants and an exclusive preview of Episode One of the new series.
Dana Holding Corporation to Participate in the J.P. Morgan Auto Conference on Aug. 12, 2014
PR Newswire - Tue Aug 05, 7:00AM CDT
Dana Holding Corporation (NYSE: DAN) announced today it will participate in the J.P. Morgan Auto Conference on Aug. 12, 2014, in New York. President and Chief Executive Officer Roger Wood and Executive Vice President and Chief Financial Officer Bill Quigley will provide a brief overview of the company and answer questions for approximately 35 minutes, beginning at 12:15 p.m. EDT.
Middle Market Creates a Renaissance for Commercial Card Rewards
M2 - Tue Aug 05, 6:59AM CDT
Research and Markets (http://www.researchandmarkets.com/research/pgqxn5/middle_market) has announced the addition of the "Middle Market Creates a Renaissance for Commercial Card Rewards" report to their offering. In the last few years, smaller companies with smaller programs working with regional and second tier commercial card issuers began a resurgence of offering and adopting corporate card with reward programs. Mercator Advisory Group's newest research note, Middle Market Creates a Renaissance for Commercial Card Rewards, examines how in a competitive commercial card landscape, offering corporate card with a reward program provides a point of differentiation as well as a means for issuers to reward their smaller spending clients. Smaller companies with smaller programs are mostly shut out from rebate eligibility by the bigger issuers, according to this research from Mercator Advisory Group's Commercial and Enterprise Payments Advisory Service. Additionally, regional and second tier issuers don't have deep enough pockets to be able offer smaller programs cash incentives for spend. This has caused a resurgence of commercial card rewards. The research note is 9 pages long and contains 4 exhibits. Highlights of the research note include: - The inner workings of a reward program - Issuers' offerings - Should companies opt for reward programs - Rewards vs. rebates - Outlook for future rewards adoption Companies Mentioned: - Chase - J.P. Morgan - MasterCard - U.S. Bank - Visa For more information visit http://www.researchandmarkets.com/research/pg...dle_market About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Asbury Automotive Group to Present at the J.P. Morgan Auto Conference
PR Newswire - Tue Aug 05, 6:01AM CDT
Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., announced today that senior management will present at the J.P. Morgan Auto Conference in New York, New York on August 13, 2014.
Gentherm To Present At The 2014 J.P. Morgan Auto Conference
PR Newswire - Tue Aug 05, 5:00AM CDT
Gentherm Incorporated (NASDAQ-GS: THRM), the global market leader and a developer of innovative thermal management technologies, announced today that its executive management is scheduled to present at the 2014 J.P. Morgan Auto Conference on Tuesday, August 12, at 2:55 pm Eastern Time. The conference is being held August 12-13 at the J.P. Morgan Conference Center in New York, NY.
JPMorgan's $4.5B Mortgage Accord Approved by Trustees - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 04, 5:00PM CDT
JPMorgan's (JPM) $4.5-billion mortgage securities deal with nearly 21 institutional investors has been approved by the trustees of the securities.
American Tower Corporation Prices Senior Notes Offering
Business Wire - Mon Aug 04, 4:41PM CDT
American Tower Corporation (NYSE: AMT) (the "Company"
Goldman Aims Perzo as Alternate to 'Instant Bloomberg' - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 04, 3:35PM CDT
In an effort to find an alternative to 'Instant Bloomberg' -- the messaging service that currently dominates trading communications ??? several major Wall Street firms led by The Goldman Sachs Group, Inc. (GS) are nearing a deal to acquire stake in a chat and instant messaging startup, Perzo Inc.
Citigroup Curbs Russia Exposure, at Risk on Argentina Default - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 04, 1:08PM CDT
In its latest regulatory filing, Citigroup Inc. (C) revealed that it has reduced the company's exposure in Russia by a further 5.3% to $8.9 billion as of Jun 30, 2014.
U.S. Equities Took a Beating But Keep on Ticking
at The Street - Mon Aug 04, 1:05PM CDT
Although U.S. equities experienced strong selling pressure last week, upcoming support levels and improved economic data mean confidence could return.