JPM JP Morgan Chase & Co Recent Headline News
What the 2014 Midterm Elections Mean for Banks
Jay Jenkins, The Motley Fool - Motley Fool - Sat Nov 08, 11:00AM CST
This week Republican politicians successfully won control of the U.S. Senate and maintained their majority in the U.S. House of Representatives. Armed with full control of Congress, how will this Republican win impact banks? Less than you might...
JPM: 61.47 (+0.24), WFC: 53.84 (-0.22)
JPMorgan to cut more jobs
at Investor's Business Daily - Fri Nov 07, 5:36PM CST
Banking behemoth JPMorgan Chase (JPM) said that it will eliminate 3,000 more retail banking positions than previously anticipated. The company is reducing 2,000 more jobs in its card, merchant services and auto unit, for a total of 4,000 cuts, and is...
JPM: 61.47 (+0.24)
On Assignment to Participate in Investor Conferences in November
Business Wire - Fri Nov 07, 5:34PM CST
On Assignment, Inc. (NYSE: ASGN) will participate in the following conferences in November of 2014:
JPM: 61.47 (+0.24), ASGN: 30.16 (+0.20)
JPMorgan plans cut 3,000 more jobs this year
By STEVE ROTHWELL - AP - Fri Nov 07, 3:30PM CST
NEW YORK (AP) — JPMorgan, the nation's largest bank by assets, is cutting 3,000 more jobs this year than previously planned in its card and mortgage business units.
JPM: 61.47 (+0.24)
BofA Down as Q3 Earnings Restated on $400M FX Charges - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Nov 07, 2:17PM CST
BofA announced $400 million of FX related charges owing to its engagement in advance talks with the regulators to settle the allegations. This further increased the company's net loss of the third-quarter 2014.
BCS: 14.91 (-0.10), JPM: 61.47 (+0.24), C: 53.75 (-0.24), BAC: 17.36 (unch)
J.P. Morgan Asset Management Launches New ETF: JPMorgan Diversified Return International Equity ETF (JPIN)
PR Newswire - Fri Nov 07, 10:45AM CST
J.P. Morgan Asset Management announced that the JPMorgan Diversified Return International Equity ETF (JPIN) officially launched for trading today, expanding J.P. Morgan's strategic beta ETF suite. JPIN, like its predecessor JPGE, is designed to provide investors the opportunity to seek enhanced risk-adjusted returns through an ETF, and to help financial advisors keep clients invested in equities over the long term.
JPM: 61.47 (+0.24), JPIN: 50.02 (+0.12)
JPMorgan Chase (JPM) Crosses Pivot Point Resistance at $61.48
Comtex SmarTrend(R) - Fri Nov 07, 10:40AM CST
JPMorgan Chase (NYSE:JPM) has opened bullishly above the pivot of $61.06 today and has reached the first level of resistance at $61.48. Should the shares continue to rise, the resistance pivots of $61.74 and $62.42 will be of interest.
JPM: 61.47 (+0.24)
Dow 30 Stock Roundup: Chevron, Exxon Beat Estimates, Microsoft Partners with Dropbox - Analyst Blog
Swarup Gupta - Zacks Investment Research - Fri Nov 07, 10:07AM CST
After starting on a low note, the Dow had a good week, boosted by strong economic data and positive indications from the ECB.
ADP: 84.38 (-0.37), JPM: 61.47 (+0.24), IBM: 162.07 (+0.61), XOM: 96.59 (+0.33), TWTR: 40.31 (-0.53), MSFT: 48.68 (-0.02), CVX: 118.80 (+0.27)
On Second Thought, Bank of America Was Just Kidding About That Third-Quarter Profit
John Maxfield, The Motley Fool - Motley Fool - Fri Nov 07, 9:16AM CST
Shareholders in Bank of America should have known it was too good to be true. Three weeks ago, despite a record $16.65 billion settlement reached with the U.S. Justice Department in August, the nation's second largest bank by assets announced ...
JPM: 61.47 (+0.24), USB: 43.81 (-0.11), C: 53.75 (-0.24), BAC: 17.36 (unch)
Bank Stock Roundup: Legal Issues Dominate Headlines; BofA, JPMorgan in Focus - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Nov 07, 9:06AM CST
Efforts by major banks to conclude litigation issues pertaining to their past business conduct remained the key trend in the last five trading days.
BCS: 14.91 (-0.10), MTU: 5.46 (unch), JPM: 61.47 (+0.24), USB: 43.81 (-0.11), C: 53.75 (-0.24), BAC: 17.36 (unch), WFC: 53.84 (-0.22), KEY: 13.39 (-0.09), PNC: 88.45 (+0.07)
Critical Alerts For Noodles & Company, NewLink Genetics, Under Armour, JP Morgan Chase and Baidu Released By InvestorsObserver
PR Newswire - Fri Nov 07, 8:31AM CST
InvestorsObserver issues critical PriceWatch Alerts for NDLS, NLNK, UA, JPM and BIDU.
UA: 66.98 (+0.70), BIDU: 236.54 (-0.36), JPM: 61.47 (+0.24), NLNK: 32.15 (-2.54), NDLS: 24.82 (-0.93)
Cardinal Health Announces Offering of Senior Notes and Redemption of Outstanding Senior Notes
PR Newswire - Fri Nov 07, 8:02AM CST
Cardinal Health today announced that it has commenced a registered public offering to sell $1.2 billion aggregate principal amount of senior notes due 2019, senior notes due 2024 and senior notes due 2044 (collectively, the "New Notes"
JPM: 61.47 (+0.24), CAH: 78.27 (-1.33), DB: 30.24 (-0.38)
Banks Are Seeing Big Gains From Managing Rich People's Money
at The Street - Fri Nov 07, 5:10AM CST
Banks can't seem to get enough of the estimated $50-plus trillion wealth management business, but despite all the competition, revenues show no sign of slowing.
JPM: 61.47 (+0.24), WFC: 53.84 (-0.22), BAC: 17.36 (unch), UBS: 17.06 (-0.04)
Freedom Innovations Names Joshua Saipe Senior Vice President, Corporate and Business Development
Business Wire - Thu Nov 06, 6:27PM CST
Freedom Innovations, an Irvine, California based leader in advanced technology prosthetic devices for lower limb amputees, today announced that Joshua Saipe has joined the company as Senior Vice President of Corporate and Business Development.
JPM: 61.47 (+0.24)
Bank of America taking $400M litigation charge
AP - Thu Nov 06, 5:16PM CST
NEW YORK (AP) — Bank of America Corp. said Thursday it is taking a $400 million charge in the third quarter to cover litigation costs related to a regulatory inquiry into the bank's foreign exchange business.
JPM: 61.47 (+0.24), C: 53.75 (-0.24), BAC: 17.36 (unch)
Fitch Affirms JPMCC 2013-C16
Business Wire - Thu Nov 06, 4:11PM CST
Fitch Ratings has affirmed 14 classes of J.P. Morgan Chase Commercial Mortgage Securities Trust (JPMCC) commercial mortgage pass-through certificates series 2013-C16. A detailed list of rating actions follows at the end of this press release.
JPM: 61.47 (+0.24)
Wells Fargo in Talks to Resolve FHA Mortgage Suit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Nov 06, 3:25PM CST
Wells Fargo & Company (WFC) is taking initiatives to end a two-year-old mortgage litigation filed by the U.S. government regarding the bank's Federal Housing Administration ('FHA'
JPM: 61.47 (+0.24), C: 53.75 (-0.24), BAC: 17.36 (unch), WFC: 53.84 (-0.22)
Coherus BioSciences Prices Initial Public Offering of $85 Million of Common Stock
GlobeNewswire - Thu Nov 06, 10:53AM CST
Coherus BioSciences, Inc. (Nasdaq:CHRS) announced today the pricing of its initial public offering of 6,296,300 shares of its common stock at a public offering price of $13.50 per share, before underwriting discounts, commissions and estimated expenses. All of the shares of common stock are being offered by Coherus. The Company's common stock has been approved for listing on the NASDAQ Global Market and is expected to begin trading today under the ticker symbol "CHRS". In addition, Coherus has granted the underwriters a 30-day option to purchase up to 944,445 additional shares of common stock at the offering price. The offering is expected to close on November 12, 2014, subject to customary closing conditions.
JPM: 61.47 (+0.24), CHRS: 15.10 (+2.49)
Product Update, Upcoming Conference, CSR Initiative, Earnings Update, and New Operations - Research Reports on Bank of America, Wells Fargo, JPMorgan, Citigroup and Intercontinental Exchange
PR Newswire - Thu Nov 06, 8:15AM CST
Today, Analysts Review released its research reports regarding Bank of America Corp. (NYSE: BAC), Wells Fargo & Co. (NYSE: WFC), JPMorgan Chase & Co. (NYSE: JPM), Citigroup Inc. (NYSE: C) and Intercontinental Exchange Inc. (NYSE: ICE). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7759-100free.
JPM: 61.47 (+0.24), C: 53.75 (-0.24), ICE: 218.54 (-1.38), WFC: 53.84 (-0.22), BAC: 17.36 (unch)
First-of-Its-Kind Survey Finds $23 Billion Global Market for Conservation Investing, with $2 Billion from Private Investors
Business Wire - Thu Nov 06, 8:00AM CST
The first-ever survey of conservation impact investing reveals a fast-growing market totaling approximately $23 billion in the five-year period from 2009-2013. During the same period, private investments accounted for almost $2 billion of this market--an amount that is growing at an average of 26 percent annually, and is expected to reach more than $5.6 billion by 2018.
JPM: 61.47 (+0.24)