Amicus Therapeutics Prices Underwritten Offering of Common Stock
GlobeNewswire - Tue Nov 18, 6:15PM CST
Amicus Therapeutics (Nasdaq:FOLD), a biopharmaceutical company at the forefront of therapies for rare and orphan diseases, today announced the pricing of an underwritten offering of 13,850,000 shares of its common stock at $6.50 per share. The gross proceeds from the offering to Amicus are expected to be $90.0 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Amicus. In addition, Amicus has granted the underwriters a 30-day option to purchase up to an additional 2,077,500 shares of its common stock. The offering is expected to close on November 24, 2014, subject to customary closing conditions.
JPM: 60.53 (+0.15), FOLD: 6.75 (+0.05)
Retail Opportunity Investments Corp. Prices Offering of Senior Unsecured Notes
GlobeNewswire - Tue Nov 18, 4:09PM CST
Retail Opportunity Investments Corp. (Nasdaq:ROIC) announced today that its operating partnership, Retail Opportunity Investments Partnership, LP, has priced an offering of $250 million aggregate principal amount of 4.000% senior unsecured notes in an underwritten public offering. The notes will mature on December 15, 2024. Interest on the notes will be paid semi-annually on June 15th and December 15th, commencing on June 15, 2015. ROIC expects to use the net proceeds from the offering for the repayment of borrowings under its unsecured credit facility, its unsecured term loan, and for general corporate purposes. The offering is expected to close on December 3, 2014, subject to customary closing conditions.
ROIC: 16.29 (+0.09), ROICU: 18.00 (unch), JPM: 60.53 (+0.15), USB: 43.98 (+0.18)
JPMorgan (JPM) to End Credit Card Deal with Sears Canada - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Nov 18, 2:54PM CST
JPMorgan (JPM) along with Canadian retailer Sears Canada Inc. (SRSC) yesterday announced its intention to end their 10-year credit card partnership, which includes the credit cards of Sears Card as well as Sears MasterCard.
STT: 75.86 (+0.19), JPM: 60.53 (+0.15), SHLD: 35.91 (+0.29), SRSC: 9.52 (-0.19)
Former Bank of England Chief Says Banks May Be Too Big to Manage
at The Street - Tue Nov 18, 2:47PM CST
Former Bank of England Governor Mervyn King says regulations have done a lot to address the problems created by the financial crisis -- but will that be enough?
JPM: 60.53 (+0.15), C: 53.81 (+0.24), DB: 30.60 (+0.51), XLF: 24.14 (+0.08)
JPMorgan Chase (JPM) Stock Higher Today After LPL Financial Bond Deal
at The Street - Tue Nov 18, 1:07PM CST
Shares of JPMorgan Chase (JPM) are up after the bank announced that it signed an agreement to provide access to new issue municipal bonds to LPL financial advisors.
JPM: 60.53 (+0.15)
Unleash The Bulls, Asset Managers Say In BofA Query
at Investor's Business Daily - Tue Nov 18, 11:18AM CST
Global investors are feeling increasingly bullish, particularly about Japan, as their appetites for risk and profit-taking grow, according to a survey from Bank of America (BAC) Merrill Lynch. A fund manager survey for November found sharp increases...
GS: 189.64 (-0.29), JPM: 60.53 (+0.15), BAC: 17.14 (+0.05), MS: 35.47 (-0.13)
Watch List for Diversified Banks Equities - Bank of America, Citigroup, Wells Fargo, JPMorgan Chase, and Itau Unibanco Holding
PR Newswire - Tue Nov 18, 8:20AM CST
Investor-Edge has initiated coverage on the following equities: Bank of America Corporation (NYSE: BAC), Citigroup Inc. (NYSE: C), Wells Fargo and Company (NYSE: WFC), JPMorgan Chase and Company (NYSE: JPM), and Itau Unibanco Holding S.A. (NYSE: ITUB). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Monday, November 17, 2014, ended on a mixed note as the Dow Jones Industrial Average finished at 17,647.75, up 0.07% and the NASDAQ Composite closed at 4,671.00, down 0.37%. The S&P 500 finished the session 0.07% higher at 2,041.32. During the trading session, four out of ten sectors finished on a higher note. The S&P 500 Financials Sector Index ended the day at 323.77, up 0.02%, with the index advancing 6.56% in the previous three months. Register for your complimentary reports on these five stocks at:
JPM: 60.53 (+0.15), C: 53.81 (+0.24), WFC: 53.27 (-0.17), BAC: 17.14 (+0.05), ITUB: 14.00 (+0.62)
Contegix CEO Matthew Porter Joins White House and J.P. Morgan Executives in Conference Panel on Cybersecurity
Business Wire - Tue Nov 18, 8:14AM CST
Contegix(R), a cloud computing, colocation and managed hosting company that empowers customers by providing Go Beyond(TM) support, today announces its founder and CEO, Matthew Porter, will be discussing cybersecurity at the Emerson International Business Conference on Friday, November 21. The panel discussion features Porter along with Ari Schwartz, Senior Director of Cybersecurity for the U.S. National Security Council at the White House, Matt McCabe, Senior Vice President of Network Security and Privacy Practice at Marsh & McLennan in New York and Anish Bhimani, CIO of J.P. Morgan, New York.
JPM: 60.53 (+0.15)
J.P. Morgan Announces Municipal Bond Agreement with LPL Financial
Business Wire - Tue Nov 18, 8:00AM CST
JPMorgan Chase & Co. (NYSE:JPM) today announced that it has signed an agreement with LPL Financial to provide access to new issue municipal bonds to LPL financial advisors.
JPM: 60.53 (+0.15)
JPMorgan Chase Announces Conference Call to Review Fourth Quarter 2014 Earnings
Business Wire - Mon Nov 17, 7:14PM CST
JPMorgan Chase & Co. (NYSE: JPM) will host a conference call to review fourth quarter 2014 financial results on Wednesday, January 14, 2015 at 8:30 a.m. (Eastern). The results are scheduled to be released at 7:00 a.m. (Eastern).
JPM: 60.53 (+0.15)
Green Dot Backs CFPB's Proposed Prepaid Debit Card Rules - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Nov 17, 5:33PM CST
Green Dot (GDOT) endorsed the Consumer Financial Protection Bureau's proposed rules for prepaid debit cards to offer consumers better protection.
EBAY: 55.38 (+0.55), AXP: 90.58 (+0.45), JPM: 60.53 (+0.15), GDOT: 22.08 (+0.18), GOOGL: 544.51 (-2.13)
Amicus Therapeutics Announces Public Offering of Common Stock
GlobeNewswire - Mon Nov 17, 3:00PM CST
Amicus Therapeutics (Nasdaq:FOLD), a biopharmaceutical company at the forefront of therapies for rare and orphan diseases, today announced it has commenced a $75 million underwritten public offering of its common stock. J.P. Morgan Securities LLC is acting as sole book-running manager for the proposed offering. Cowen and Company, LLC and Leerink Partners are acting as lead managers and Janney Montgomery Scott is acting as co-manager for the offering. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the final size or terms of the offering.
JPM: 60.53 (+0.15), FOLD: 6.75 (+0.05)
Kinder Morgan Energy Partners Topped Best Value Long-Term Bond Ranking Last Week
Donald van Deventer - at Seeking Alpha - Mon Nov 17, 11:54AM CST
RAI: 65.30 (+0.60), FDX: 172.00 (+0.68), KMI: 40.41 (+0.16), BUD: 111.47 (+0.75), NSC: 115.38 (-0.45), SWY: 34.78 (+0.03), AXP: 90.58 (+0.45), HES: 81.90 (+0.66), C: 53.81 (+0.24), MET: 54.78 (+0.29), KMP: 98.30 (+0.31), T: 35.72 (-0.13), PM: 87.13 (-0.17), RDS.B: 73.34 (+0.87), RDS.A: 70.03 (+0.78), GS: 189.64 (-0.29), JPM: 60.53 (+0.15), IBM: 161.89 (-2.27)
JPMorgan Chase Investor Day
Business Wire - Mon Nov 17, 11:06AM CST
On Tuesday, February 24, 2015, JPMorgan Chase & Co. will hold an Investor Day in New York City with presentations given by Jamie Dimon, Chairman and Chief Executive Officer, and members of executive management. The presentations will include a question and answer session.
JPM: 60.53 (+0.15)
JPMorgan Chase (JPM) Approaches New Downside Target of $59.92
Comtex SmarTrend(R) - Mon Nov 17, 9:16AM CST
Shares of JPMorgan Chase (NYSE:JPM) opened today below their pivot of $60.36 and have already reached the first level of support at $60.10. Analysts will be watching for a cross of the next downside pivot targets of $59.92 and $59.48.
JPM: 60.53 (+0.15)
The Zacks Analyst Blog Highlights: Citigroup, JPMorgan Chase, Wells Fargo, Bank of America and U.S. Bancorp
PR Newswire - Mon Nov 17, 8:30AM CST
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), JPMorgan Chase & Co. (NYSE:JPM-Free Report), Wells Fargo & Company (NYSE:WFC-Free Report), Bank of America Corp. (NYSE:BAC-Free Report) and U.S. Bancorp (NYSE:USB-Free Report).
JPM: 60.53 (+0.15), USB: 43.98 (+0.18), WFC: 53.27 (-0.17), BAC: 17.14 (+0.05)
Boom-time rainmaker rejoins JPMorgan
Seeking Alpha - at Seeking Alpha - Mon Nov 17, 7:05AM CST
JPM: 60.53 (+0.15)
Will Bank of America Corp. Raise Its Dividend in 2015?
Motley Fool Staff - Motley Fool - Sun Nov 16, 9:32AM CST
To investors' delight, Bank of America finally received approval from the Federal Reserve to raise its dividend this year, giving income investors a yield of just over 1%. Source: The Motley Fool. But that still trails the dividends of...
JPM: 60.53 (+0.15), WFC: 53.27 (-0.17), BAC: 17.14 (+0.05)
JPMorgan settles $681M self-dealing Texas Shale Trust case - Bloomberg
Seeking Alpha - at Seeking Alpha - Sat Nov 15, 4:00PM CST
JPM: 60.53 (+0.15)
Tracking Glenn Greenberg's Brave Warrior Advisors Portfolio - Q3 2014 Update
John Vincent - at Seeking Alpha - Sat Nov 15, 10:45AM CST
KMI: 40.41 (+0.16), VRX: 141.94 (+5.21), HAL: 48.54 (-0.69), KMP: 98.30 (+0.31), BAC: 17.14 (+0.05), TDW: 36.55 (-1.36), VPRT: 67.60 (+0.80), ORCL: 41.26 (+0.10), PRI: 51.48 (+0.01), EPB: 42.40 (+0.22), ESRX: 79.31 (+0.25), EQIX: 225.11 (+0.84), JPM: 60.53 (+0.15), KMR: 99.63 (+0.58), MSFT: 48.74 (-0.72), CMCSA: 54.42 (+0.27), SCHW: 28.76 (+0.21)