JP Morgan Chase & Co (JPM) 61.11 $JPM
Fitch Affirms JPMCC 2011-PLSD; Revises Outlooks
Business Wire - 2 hrs 30 mins ago
Fitch Ratings has affirmed all classes of J.P. Morgan Chase Commercial Mortgage Securities Trust 2011-PLSD and revised Rating Outlooks on classes D and X-B to Negative from Stable. A detailed list of rating actions follows at the end of this press release.
Why Bank of America, JPMorgan, Wells Fargo Are Finally Waking Up
at The Street - Fri Sep 19, 10:26AM CDT
Treasury yields are rising, and so are bank profit expectations, but investors may be ahead of fundamentals.
Bank Stock Roundup: Stress Test Results Bring Optimism, Citigroup Restructuring Continues - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Sep 19, 10:06AM CDT
While pre-crisis mortgage issues prevailed, active restructuring activities and the 2014 Mid-Cycle Stress Test results were more prominent in the last five trading days. Citigroup Inc. (C) was in the limelight for its restructuring activities.
Stock Market News for September 19, 2014 - Market News
Zacks Equity Research - Zacks Investment Research - Fri Sep 19, 9:10AM CDT
Benchmarks settled in the green on Thursday a day after Fed’s pledge to keep short-term interest rates near zero for a “considerable time”
JPMorgan Chase & Co. Announces Two-Year, $35 Million Commitment to Improve Consumer Financial Security
Business Wire - Fri Sep 19, 8:34AM CDT
--Former First Lady of California Maria Shriver commends JPMorgan Chase for the development of innovative solutions to help customers solve financial insecurity
People's United Financial, Inc. Names William Cruger To Board Of Directors
PR Newswire - Fri Sep 19, 7:00AM CDT
People's United Financial, Inc. (Nasdaq: PBCT), the holding company for People's United Bank, announced today that its Board of Directors approved an increase in the size of the Board of Directors to twelve members and appointed William F. Cruger, Jr. as a director to fill the vacancy created by that action.
JPMorgan Chase Announces Redemption of $1.7 Billion of Fixed/Floating Rate Subordinated Notes
Business Wire - Thu Sep 18, 8:28PM CDT
JPMorgan Chase & Co. (NYSE:JPM) today announced that the following series of fixed/floating rate callable subordinated notes will be redeemed on the redemption dates indicated:
Anixter International Inc. Announces the Pricing of a $400 Million, 7-Year Senior Notes Offering by Anixter Inc.
Business Wire - Thu Sep 18, 4:24PM CDT
Anixter International Inc. (NYSE: AXE) today announced that through its wholly-owned subsidiary, Anixter Inc., it has priced an offering of $400 million of 5.125% senior notes due 2021 in an underwritten public offering. The offering is expected to close on September 23, 2014. Anixter International Inc. will fully and unconditionally guarantee the notes, which will be unsecured obligations of Anixter Inc. The net proceeds will be used to repay amounts outstanding under Anixter's accounts receivable securitization program and to repay borrowings under Anixter's revolving line of credit. The offering is being made under Anixter Inc.'s shelf registration statement.
JPMorgan Chase Rises 1.67% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu Sep 18, 3:40PM CDT
JPMorgan Chase (NYSE:JPM) traded in a range yesterday that spanned from a low of $60.54 to a high of $61.40. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $60.59 on volume of 16.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Watch for JPMorgan Chase to Potentially Pullback After Gaining 1.67% Yesterday
Comtex SmarTrend(R) - Thu Sep 18, 3:40PM CDT
JPMorgan Chase (NYSE:JPM) traded in a range yesterday that spanned from a low of $60.54 to a high of $61.40. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $60.59 on volume of 16.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BNY Mellon Hits 52-week High: Right Time to Buy the Stock? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 18, 10:30AM CDT
Despite the strong price appreciation, BNY Mellon has plenty of upside left, given the estimate revisions witnessed over the last 60 days.
Anixter International Inc. Announces $400 Million Senior Note Offering by Anixter Inc.
Business Wire - Thu Sep 18, 8:02AM CDT
Anixter International Inc. (NYSE: AXE) today announced that its wholly-owned operating subsidiary, Anixter Inc., will offer $400 million of senior notes due 2021 in an underwritten public offering. Anixter International Inc. will fully and unconditionally guarantee the notes, which will be unsecured obligations of Anixter Inc. The net proceeds will be used to repay amounts outstanding under Anixter's accounts receivable securitization program and to repay borrowings under Anixter's revolving line of credit. The offering is being made under Anixter Inc.'s shelf registration statement.
Exclusive Chase Cardholder Lounge Returns to the American Adventure Pavilion for the 2014 Epcot(R) International Food & Wine Festival
Business Wire - Thu Sep 18, 8:01AM CDT
Chase today announced that as part of its multi-year agreement with Walt Disney Parks and Resorts, U.S., it continues as the presenting sponsor of the Epcot(R) International Food & Wine Festival. Guests attending this marquee culinary event can experience cuisine from around the world, taste specialty wines and spirits and enjoy daily live entertainment.
Visa to Undertake Assessment of Stake in Monitise
Business Wire - Thu Sep 18, 3:22AM CDT
Longstanding partners in the mobile sector Visa Inc. (NYSE:V) and Monitise plc entered into an alliance agreement in 2009. At the same time, Visa began investing in Monitise. Given the maturation of Monitise as a company, Visa is considering its options with respect to the investment and has engaged J.P. Morgan Securities Plc to assist. Visa will also be lessening its dependence on external mobile development resources.
Holder calls for increased whistleblower rewards
By ERIC TUCKER - AP - Wed Sep 17, 4:32PM CDT
WASHINGTON (AP) — The Justice Department expects to bring criminal charges in the coming months in investigations involving financial institutions, Attorney General Eric Holder said Wednesday as he called for better incentives for Wall Street whistleblowers who report crime.
Citi, BofA Plan Discount Mortgages for Tainted Borrowers - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 17, 3:40PM CDT
Citigroup (C) and Bank of America (BAC) will offer mortgage loans at a discounted rate to borrowers with blemished credit histories or low incomes, going by a Wall Street Journal report.
State Street's Revenue Growth Continues: Should You Own It? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 17, 3:35PM CDT
On Sep 10, 2014, we issued an updated research report on State Street (STT).
13 Major Global Banks Sued by Virginia for $1.15B - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 17, 2:46PM CDT
Issues pertaining to the pre-crisis business conducts continue to trouble major global banks. Units of Citigroup Inc. (C), Deutsche Bank AG (DB), Bank of America Corporation (BAC), The Goldman Sachs Group Inc. (GS), Credit Suisse AG (CS), HSBC Holdings plc (HSBC), Morgan Stanley (MS) and JPMorgan Chase & Co. (JPM) were among the 13 banks sued by the state of Virginia.
Citigroup Discloses 2014 Midyear Stress Test Results - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 17, 2:44PM CDT
In compliance with regulations, Citigroup Inc. (C) and several other Wall Street banking giants have released 2014 Mid-Cycle Stress Test results, projecting their ability to cope with the most adverse economic scenarios.
Insight Property Group and J.P. Morgan Break Ground on Mixed-Use Apollo Project on DC's H Street NE
PRWeb - Wed Sep 17, 12:45PM CDT
Arlington, Virginia-based multifamily developer Insight Property Group and institutional investors advised by J.P. Morgan Asset Management announced today that construction has begun on the Apollo mixed-use apartment project in the heart of DC's dynamic H Street NE corridor. The Apollo will include luxury apartment units, an urban Whole Foods Market plus other exciting retail that will add to the vitality of the project and its neighborhood. This LEED-certified project will also feature state of the art amenities including a green roof with Capitol views. The Apollo project will be served by Metro, Amtrak at nearby Union Station, the City's new streetcar line and an on-site Capital Bikeshares facility.
Fitch Affirms JPMCC 2011-PLSD; Revises Outlooks
Business Wire - 2 hrs 30 mins ago
Fitch Ratings has affirmed all classes of J.P. Morgan Chase Commercial Mortgage Securities Trust 2011-PLSD and revised Rating Outlooks on classes D and X-B to Negative from Stable. A detailed list of rating actions follows at the end of this press release.
Why Bank of America, JPMorgan, Wells Fargo Are Finally Waking Up
at The Street - Fri Sep 19, 10:26AM CDT
Treasury yields are rising, and so are bank profit expectations, but investors may be ahead of fundamentals.
Bank Stock Roundup: Stress Test Results Bring Optimism, Citigroup Restructuring Continues - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Sep 19, 10:06AM CDT
While pre-crisis mortgage issues prevailed, active restructuring activities and the 2014 Mid-Cycle Stress Test results were more prominent in the last five trading days. Citigroup Inc. (C) was in the limelight for its restructuring activities.
Stock Market News for September 19, 2014 - Market News
Zacks Equity Research - Zacks Investment Research - Fri Sep 19, 9:10AM CDT
Benchmarks settled in the green on Thursday a day after Fed’s pledge to keep short-term interest rates near zero for a “considerable time”
JPMorgan Chase & Co. Announces Two-Year, $35 Million Commitment to Improve Consumer Financial Security
Business Wire - Fri Sep 19, 8:34AM CDT
--Former First Lady of California Maria Shriver commends JPMorgan Chase for the development of innovative solutions to help customers solve financial insecurity
People's United Financial, Inc. Names William Cruger To Board Of Directors
PR Newswire - Fri Sep 19, 7:00AM CDT
People's United Financial, Inc. (Nasdaq: PBCT), the holding company for People's United Bank, announced today that its Board of Directors approved an increase in the size of the Board of Directors to twelve members and appointed William F. Cruger, Jr. as a director to fill the vacancy created by that action.
JPMorgan Chase Announces Redemption of $1.7 Billion of Fixed/Floating Rate Subordinated Notes
Business Wire - Thu Sep 18, 8:28PM CDT
JPMorgan Chase & Co. (NYSE:JPM) today announced that the following series of fixed/floating rate callable subordinated notes will be redeemed on the redemption dates indicated:
Anixter International Inc. Announces the Pricing of a $400 Million, 7-Year Senior Notes Offering by Anixter Inc.
Business Wire - Thu Sep 18, 4:24PM CDT
Anixter International Inc. (NYSE: AXE) today announced that through its wholly-owned subsidiary, Anixter Inc., it has priced an offering of $400 million of 5.125% senior notes due 2021 in an underwritten public offering. The offering is expected to close on September 23, 2014. Anixter International Inc. will fully and unconditionally guarantee the notes, which will be unsecured obligations of Anixter Inc. The net proceeds will be used to repay amounts outstanding under Anixter's accounts receivable securitization program and to repay borrowings under Anixter's revolving line of credit. The offering is being made under Anixter Inc.'s shelf registration statement.
JPMorgan Chase Rises 1.67% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu Sep 18, 3:40PM CDT
JPMorgan Chase (NYSE:JPM) traded in a range yesterday that spanned from a low of $60.54 to a high of $61.40. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $60.59 on volume of 16.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Watch for JPMorgan Chase to Potentially Pullback After Gaining 1.67% Yesterday
Comtex SmarTrend(R) - Thu Sep 18, 3:40PM CDT
JPMorgan Chase (NYSE:JPM) traded in a range yesterday that spanned from a low of $60.54 to a high of $61.40. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $60.59 on volume of 16.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BNY Mellon Hits 52-week High: Right Time to Buy the Stock? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 18, 10:30AM CDT
Despite the strong price appreciation, BNY Mellon has plenty of upside left, given the estimate revisions witnessed over the last 60 days.
Anixter International Inc. Announces $400 Million Senior Note Offering by Anixter Inc.
Business Wire - Thu Sep 18, 8:02AM CDT
Anixter International Inc. (NYSE: AXE) today announced that its wholly-owned operating subsidiary, Anixter Inc., will offer $400 million of senior notes due 2021 in an underwritten public offering. Anixter International Inc. will fully and unconditionally guarantee the notes, which will be unsecured obligations of Anixter Inc. The net proceeds will be used to repay amounts outstanding under Anixter's accounts receivable securitization program and to repay borrowings under Anixter's revolving line of credit. The offering is being made under Anixter Inc.'s shelf registration statement.
Exclusive Chase Cardholder Lounge Returns to the American Adventure Pavilion for the 2014 Epcot(R) International Food & Wine Festival
Business Wire - Thu Sep 18, 8:01AM CDT
Chase today announced that as part of its multi-year agreement with Walt Disney Parks and Resorts, U.S., it continues as the presenting sponsor of the Epcot(R) International Food & Wine Festival. Guests attending this marquee culinary event can experience cuisine from around the world, taste specialty wines and spirits and enjoy daily live entertainment.
Visa to Undertake Assessment of Stake in Monitise
Business Wire - Thu Sep 18, 3:22AM CDT
Longstanding partners in the mobile sector Visa Inc. (NYSE:V) and Monitise plc entered into an alliance agreement in 2009. At the same time, Visa began investing in Monitise. Given the maturation of Monitise as a company, Visa is considering its options with respect to the investment and has engaged J.P. Morgan Securities Plc to assist. Visa will also be lessening its dependence on external mobile development resources.
Holder calls for increased whistleblower rewards
By ERIC TUCKER - AP - Wed Sep 17, 4:32PM CDT
WASHINGTON (AP) — The Justice Department expects to bring criminal charges in the coming months in investigations involving financial institutions, Attorney General Eric Holder said Wednesday as he called for better incentives for Wall Street whistleblowers who report crime.
Citi, BofA Plan Discount Mortgages for Tainted Borrowers - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 17, 3:40PM CDT
Citigroup (C) and Bank of America (BAC) will offer mortgage loans at a discounted rate to borrowers with blemished credit histories or low incomes, going by a Wall Street Journal report.
State Street's Revenue Growth Continues: Should You Own It? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 17, 3:35PM CDT
On Sep 10, 2014, we issued an updated research report on State Street (STT).
13 Major Global Banks Sued by Virginia for $1.15B - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 17, 2:46PM CDT
Issues pertaining to the pre-crisis business conducts continue to trouble major global banks. Units of Citigroup Inc. (C), Deutsche Bank AG (DB), Bank of America Corporation (BAC), The Goldman Sachs Group Inc. (GS), Credit Suisse AG (CS), HSBC Holdings plc (HSBC), Morgan Stanley (MS) and JPMorgan Chase & Co. (JPM) were among the 13 banks sued by the state of Virginia.
Citigroup Discloses 2014 Midyear Stress Test Results - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 17, 2:44PM CDT
In compliance with regulations, Citigroup Inc. (C) and several other Wall Street banking giants have released 2014 Mid-Cycle Stress Test results, projecting their ability to cope with the most adverse economic scenarios.
Insight Property Group and J.P. Morgan Break Ground on Mixed-Use Apollo Project on DC's H Street NE
PRWeb - Wed Sep 17, 12:45PM CDT
Arlington, Virginia-based multifamily developer Insight Property Group and institutional investors advised by J.P. Morgan Asset Management announced today that construction has begun on the Apollo mixed-use apartment project in the heart of DC's dynamic H Street NE corridor. The Apollo will include luxury apartment units, an urban Whole Foods Market plus other exciting retail that will add to the vitality of the project and its neighborhood. This LEED-certified project will also feature state of the art amenities including a green roof with Capitol views. The Apollo project will be served by Metro, Amtrak at nearby Union Station, the City's new streetcar line and an on-site Capital Bikeshares facility.
