JP Morgan Chase & Co (JPM) 69.10 $JPM
Jim Cramer's 'Mad Money' Recap: Seeing a Double Standard in Market Valuations
at The Street - Tue Jul 21, 7:23PM CDT
Cramer says Apple is in a tug of war between the bull and bears, and the bears seem to be winning.
RH: 102.83 (-0.29), BLK: 351.82 (-1.28), UTX: 102.71 (-7.77), C: 59.10 (+0.25), RTH: 78.09 (-0.33), YRCW: 13.32 (+0.42), UPS: 97.96 (+0.37), YHOO: 39.73 (+0.19), INSY: 42.03 (+0.06), JPM: 69.10 (-0.16), IBM: 163.07 (-10.15), CMG: 673.07 (-4.93), AAPL: 130.75 (-1.32), MBLY: 60.57 (-0.48), AMBA: 118.18 (+0.46), GPRO: 62.04 (+1.24), WLL: 25.29 (+0.23), BAC: 18.08 (-0.04), WFC: 57.95 (-0.10), TIF: 93.90 (-0.10), MS: 40.08 (+0.04), NFLX: 112.51 (+1.96), AA: 10.23 (+0.03), GS: 211.50 (-0.89), JWN: 78.28 (-0.62), CVX: 93.90 (+0.96)
Business Highlights
By The Associated Press - AP - Tue Jul 21, 5:00PM CDT
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JPM: 69.10 (-0.16), PFE: 35.14 (-0.10), C: 59.10 (+0.25), AMGN: 163.70 (-0.64), BAC: 18.08 (-0.04)
Ultragenyx Announces Closing of Public Offering of Common Stock and Exercise of Underwriters' Option to Purchase Additional Shares
GlobeNewswire - Tue Jul 21, 3:30PM CDT
Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE), a biopharmaceutical company focused on the development of novel products for rare and ultra-rare diseases, today announced the closing of its public offering of 2,530,000 shares of common stock at a price to the public of $120.00 per share, which includes the exercise in full by the underwriters of their option to purchase up to 330,000 additional shares of common stock. Ultragenyx estimates net proceeds from the offering to be approximately $286.6 million, after deducting underwriting discounts and commissions and estimated offering expenses.
JPM: 69.10 (-0.16), RARE: 128.20 (-5.89), MS: 40.08 (+0.04)
JPMorgan Chase Announces 2015 Dodd-Frank Mid-Cycle Stress Test Results
Business Wire - Tue Jul 21, 3:05PM CDT
JPMorgan Chase & Co. (NYSE:JPM) ("JPMorgan Chase" or the "Firm"
announced today that it has released the results of its 2015 Dodd-Frank Act Mid-Cycle Stress Test for JPMorgan Chase & Co.
JPM: 69.10 (-0.16)
Radius Health, Inc. Announces Proposed Public Offering
GlobeNewswire - Tue Jul 21, 3:01PM CDT
Radius Health, Inc. (NASDAQ:RDUS) (the "Company", a science-driven biopharmaceutical company focused on developing new therapeutics for patients with advanced osteoporosis as well as other serious endocrine-mediated diseases, including hormone responsive metastatic breast cancer, today announced that it is commencing an underwritten registered public offering of up to $250 million of its common stock. The Company also expects to grant the underwriters an option to purchase up to an additional $37.5 million of its common stock, exercisable for 30 days. All of the shares in the proposed offering are to be sold by the Company. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
RDUS: 78.29 (-0.57), JPM: 69.10 (-0.16), DB: 33.40 (-0.03)
JPMorgan, Goldman Sachs Prepped for the Pain of Volcker Rule
at The Street - Tue Jul 21, 2:24PM CDT
The Volcker Rule limiting proprietary trading at U.S. banks took effect on Tuesday. Rather than bar specific transactions, it tries to limit fallout on taxpayers, said former Congressman Barney Frank.
GS: 211.50 (-0.89), JPM: 69.10 (-0.16), BAC: 18.08 (-0.04), MS: 40.08 (+0.04)
Regions Reports Q2 Earnings as Expected, Revenues Climb - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 21, 1:45PM CDT
Regions Financial Corporation's (RF) second-quarter 2015 earnings from continuing operations came in at 20 cents per share, in line with the Zacks Consensus Estimate. Moreover, results compared unfavorably with the prior-year quarter earnings of 21 cents per share.
RF: 10.41 (+0.21), JPM: 69.10 (-0.16), BAC: 18.08 (-0.04), WFC: 57.95 (-0.10)
Citi to refund $700 million for deceptive card practices
By KEN SWEET - AP - Tue Jul 21, 5:30PM CDT
NEW YORK (AP) — Citigroup will refund $700 million to consumers and will pay $70 million in fines for illegal and deceptive credit card practices, the bank and federal regulators said Tuesday.
JPM: 69.10 (-0.16), C: 59.10 (+0.25), BAC: 18.08 (-0.04)
Ollie's Bargain Outlet Holdings, Inc. Announces Closing of Initial Public Offering
GlobeNewswire - Tue Jul 21, 12:45PM CDT
Ollie's Bargain Outlet Holdings, Inc. (Nasdaq:OLLI) ("Ollie's" or the "Company" announced today the closing of its initial public offering of 10,263,750 shares of common stock at a price of $16.00 per share. The number of shares issued at closing included the exercise in full of the underwriters' option to purchase 1,338,750 additional shares. All of the shares were offered by Ollie's. Ollie's received approximately $153.1 million in proceeds from the offering, net of underwriting fees, all of which will be used to repay a portion of outstanding borrowings under the Company's senior secured credit facilities.
JPM: 69.10 (-0.16), OLLI: 20.00 (-0.20)
Banks for the Tech-Savvy Eliminate Everything But the Mobile App
at The Street - Tue Jul 21, 11:30AM CDT
App-only banks still have to convince prospective customers that their money is just as safe -- and just as real -- as it would be in a vault.
GS: 211.50 (-0.89), JPM: 69.10 (-0.16), C: 59.10 (+0.25), WFC: 57.95 (-0.10), BAC: 18.08 (-0.04)
JPMorgan Chase to Present at the Barclays Global Financial Services Conference
M2 - Tue Jul 21, 11:10AM CDT
Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., will present at the Barclays Global Financial Services Conference at The Hilton , on Friday, September 18, 2015, at 7:30 a.m. (Eastern).
JPM: 69.10 (-0.16)
Fed's 'Tough' Stance on Big Banks Isn't That Tough
at The Street - Tue Jul 21, 10:16AM CDT
The Federal Reserve is going to require the eight largest commercial banks to meet more restrictive capital requirements. Most already have, and they have until 2019 to do so anyway.
GS: 211.50 (-0.89), JPM: 69.10 (-0.16), C: 59.10 (+0.25), MS: 40.08 (+0.04)
Fifth Third Posts In-Line Earnings, Revenues Down Y/Y - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 21, 9:50AM CDT
Fifth Third Bancorp's (FITB) second-quarter 2015 earnings per share came in at 36 cents, in line with the Zacks Consensus Estimate.
FITB: 21.52 (+0.24), JPM: 69.10 (-0.16), BAC: 18.08 (-0.04), WFC: 57.95 (-0.10)
J.P. Morgan Is No. 1 on Institutional Investor's 2015 All-America Fixed-Income Research Team
Marketwired - Tue Jul 21, 8:35AM CDT
J.P. Morgan leads Institutional Investor's All-America Fixed-Income Research Team for a sixth year running, its analysts earning a place in 49 of the survey's 57 sectors that produced publishable results. That's an increase of one over last year's total.
JPM: 69.10 (-0.16), WFC: 57.95 (-0.10)
Visa Stock Rises, But Will Earnings Live Up To Views?
at Investor's Business Daily - Tue Jul 21, 7:02AM CDT
Shares of Visa (V) rose 2.57% Monday to a new high of 72.70, three days ahead of the card giant's third-quarter results, which will be released after the stock market close on Thursday. Earnings for Visa's June ending quarter are seen rising 9% over...
V: 72.02 (-0.68), JPM: 69.10 (-0.16), MA: 96.71 (-0.55)
Macomb Innovation Fund announces $275,000 in inaugural awards to five Detroit-area technology-focused startups
Business Wire - Tue Jul 21, 7:00AM CDT
Five early-stage businesses from Macomb, Oakland and Washtenaw counties will receive a total of $275,000 in funding in the inaugural round of awards from the Innovation Fund Macomb Community College, Powered by JPMorgan Chase & Co.
JPM: 69.10 (-0.16)
Bullish Banking Earnings Drive Up These ETFs - ETF News And Commentary
Zacks Equity Research - Zacks Investment Research - Tue Jul 21, 6:30AM CDT
A great start to the earnings season put these financial ETFs in focus.
GS: 211.50 (-0.89), VFH: 51.47 (-0.09), JPM: 69.10 (-0.16), KBWB: 40.96 (+0.01), C: 59.10 (+0.25), BAC: 18.08 (-0.04), WFC: 57.95 (-0.10), IYG: 97.41 (-0.15), XLF: 25.39 (-0.03), MS: 40.08 (+0.04)
Top Credit Cards of 2015
Matthew Frankel, The Motley Fool - Motley Fool - Tue Jul 21, 5:04AM CDT
It is difficult to list the best all-around credit cards, because different consumers prefer different benefits. Some credit cards have excellent introductory interest rate offers, some are great for balance transfers, and some have the opportunity...
JPM: 69.10 (-0.16), COF: 91.71 (+0.27), AXP: 78.95 (-0.35), DAL: 44.65 (+0.56), C: 59.10 (+0.25), FICO: 93.67 (-1.26), BAC: 18.08 (-0.04), HOT: 84.24 (-0.55)
Jim Cramer's 'Mad Money' Recap: Seeing a Double Standard in Market Valuations
at The Street - Tue Jul 21, 7:23PM CDT
Cramer says Apple is in a tug of war between the bull and bears, and the bears seem to be winning.
RH: 102.83 (-0.29), BLK: 351.82 (-1.28), UTX: 102.71 (-7.77), C: 59.10 (+0.25), RTH: 78.09 (-0.33), YRCW: 13.32 (+0.42), UPS: 97.96 (+0.37), YHOO: 39.73 (+0.19), INSY: 42.03 (+0.06), JPM: 69.10 (-0.16), IBM: 163.07 (-10.15), CMG: 673.07 (-4.93), AAPL: 130.75 (-1.32), MBLY: 60.57 (-0.48), AMBA: 118.18 (+0.46), GPRO: 62.04 (+1.24), WLL: 25.29 (+0.23), BAC: 18.08 (-0.04), WFC: 57.95 (-0.10), TIF: 93.90 (-0.10), MS: 40.08 (+0.04), NFLX: 112.51 (+1.96), AA: 10.23 (+0.03), GS: 211.50 (-0.89), JWN: 78.28 (-0.62), CVX: 93.90 (+0.96)
Business Highlights
By The Associated Press - AP - Tue Jul 21, 5:00PM CDT
___
JPM: 69.10 (-0.16), PFE: 35.14 (-0.10), C: 59.10 (+0.25), AMGN: 163.70 (-0.64), BAC: 18.08 (-0.04)
Ultragenyx Announces Closing of Public Offering of Common Stock and Exercise of Underwriters' Option to Purchase Additional Shares
GlobeNewswire - Tue Jul 21, 3:30PM CDT
Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE), a biopharmaceutical company focused on the development of novel products for rare and ultra-rare diseases, today announced the closing of its public offering of 2,530,000 shares of common stock at a price to the public of $120.00 per share, which includes the exercise in full by the underwriters of their option to purchase up to 330,000 additional shares of common stock. Ultragenyx estimates net proceeds from the offering to be approximately $286.6 million, after deducting underwriting discounts and commissions and estimated offering expenses.
JPM: 69.10 (-0.16), RARE: 128.20 (-5.89), MS: 40.08 (+0.04)
JPMorgan Chase Announces 2015 Dodd-Frank Mid-Cycle Stress Test Results
Business Wire - Tue Jul 21, 3:05PM CDT
JPMorgan Chase & Co. (NYSE:JPM) ("JPMorgan Chase" or the "Firm"
announced today that it has released the results of its 2015 Dodd-Frank Act Mid-Cycle Stress Test for JPMorgan Chase & Co. JPM: 69.10 (-0.16)
Radius Health, Inc. Announces Proposed Public Offering
GlobeNewswire - Tue Jul 21, 3:01PM CDT
Radius Health, Inc. (NASDAQ:RDUS) (the "Company"
, a science-driven biopharmaceutical company focused on developing new therapeutics for patients with advanced osteoporosis as well as other serious endocrine-mediated diseases, including hormone responsive metastatic breast cancer, today announced that it is commencing an underwritten registered public offering of up to $250 million of its common stock. The Company also expects to grant the underwriters an option to purchase up to an additional $37.5 million of its common stock, exercisable for 30 days. All of the shares in the proposed offering are to be sold by the Company. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. RDUS: 78.29 (-0.57), JPM: 69.10 (-0.16), DB: 33.40 (-0.03)
JPMorgan, Goldman Sachs Prepped for the Pain of Volcker Rule
at The Street - Tue Jul 21, 2:24PM CDT
The Volcker Rule limiting proprietary trading at U.S. banks took effect on Tuesday. Rather than bar specific transactions, it tries to limit fallout on taxpayers, said former Congressman Barney Frank.
GS: 211.50 (-0.89), JPM: 69.10 (-0.16), BAC: 18.08 (-0.04), MS: 40.08 (+0.04)
Regions Reports Q2 Earnings as Expected, Revenues Climb - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 21, 1:45PM CDT
Regions Financial Corporation's (RF) second-quarter 2015 earnings from continuing operations came in at 20 cents per share, in line with the Zacks Consensus Estimate. Moreover, results compared unfavorably with the prior-year quarter earnings of 21 cents per share.
RF: 10.41 (+0.21), JPM: 69.10 (-0.16), BAC: 18.08 (-0.04), WFC: 57.95 (-0.10)
Citi to refund $700 million for deceptive card practices
By KEN SWEET - AP - Tue Jul 21, 5:30PM CDT
NEW YORK (AP) — Citigroup will refund $700 million to consumers and will pay $70 million in fines for illegal and deceptive credit card practices, the bank and federal regulators said Tuesday.
JPM: 69.10 (-0.16), C: 59.10 (+0.25), BAC: 18.08 (-0.04)
Ollie's Bargain Outlet Holdings, Inc. Announces Closing of Initial Public Offering
GlobeNewswire - Tue Jul 21, 12:45PM CDT
Ollie's Bargain Outlet Holdings, Inc. (Nasdaq:OLLI) ("Ollie's" or the "Company"
announced today the closing of its initial public offering of 10,263,750 shares of common stock at a price of $16.00 per share. The number of shares issued at closing included the exercise in full of the underwriters' option to purchase 1,338,750 additional shares. All of the shares were offered by Ollie's. Ollie's received approximately $153.1 million in proceeds from the offering, net of underwriting fees, all of which will be used to repay a portion of outstanding borrowings under the Company's senior secured credit facilities. JPM: 69.10 (-0.16), OLLI: 20.00 (-0.20)
Banks for the Tech-Savvy Eliminate Everything But the Mobile App
at The Street - Tue Jul 21, 11:30AM CDT
App-only banks still have to convince prospective customers that their money is just as safe -- and just as real -- as it would be in a vault.
GS: 211.50 (-0.89), JPM: 69.10 (-0.16), C: 59.10 (+0.25), WFC: 57.95 (-0.10), BAC: 18.08 (-0.04)
JPMorgan Chase to Present at the Barclays Global Financial Services Conference
M2 - Tue Jul 21, 11:10AM CDT
Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., will present at the Barclays Global Financial Services Conference at The Hilton , on Friday, September 18, 2015, at 7:30 a.m. (Eastern).
JPM: 69.10 (-0.16)
Fed's 'Tough' Stance on Big Banks Isn't That Tough
at The Street - Tue Jul 21, 10:16AM CDT
The Federal Reserve is going to require the eight largest commercial banks to meet more restrictive capital requirements. Most already have, and they have until 2019 to do so anyway.
GS: 211.50 (-0.89), JPM: 69.10 (-0.16), C: 59.10 (+0.25), MS: 40.08 (+0.04)
Fifth Third Posts In-Line Earnings, Revenues Down Y/Y - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 21, 9:50AM CDT
Fifth Third Bancorp's (FITB) second-quarter 2015 earnings per share came in at 36 cents, in line with the Zacks Consensus Estimate.
FITB: 21.52 (+0.24), JPM: 69.10 (-0.16), BAC: 18.08 (-0.04), WFC: 57.95 (-0.10)
J.P. Morgan Is No. 1 on Institutional Investor's 2015 All-America Fixed-Income Research Team
Marketwired - Tue Jul 21, 8:35AM CDT
J.P. Morgan leads Institutional Investor's All-America Fixed-Income Research Team for a sixth year running, its analysts earning a place in 49 of the survey's 57 sectors that produced publishable results. That's an increase of one over last year's total.
JPM: 69.10 (-0.16), WFC: 57.95 (-0.10)
Visa Stock Rises, But Will Earnings Live Up To Views?
at Investor's Business Daily - Tue Jul 21, 7:02AM CDT
Shares of Visa (V) rose 2.57% Monday to a new high of 72.70, three days ahead of the card giant's third-quarter results, which will be released after the stock market close on Thursday. Earnings for Visa's June ending quarter are seen rising 9% over...
V: 72.02 (-0.68), JPM: 69.10 (-0.16), MA: 96.71 (-0.55)
Macomb Innovation Fund announces $275,000 in inaugural awards to five Detroit-area technology-focused startups
Business Wire - Tue Jul 21, 7:00AM CDT
Five early-stage businesses from Macomb, Oakland and Washtenaw counties will receive a total of $275,000 in funding in the inaugural round of awards from the Innovation Fund Macomb Community College, Powered by JPMorgan Chase & Co.
JPM: 69.10 (-0.16)
Bullish Banking Earnings Drive Up These ETFs - ETF News And Commentary
Zacks Equity Research - Zacks Investment Research - Tue Jul 21, 6:30AM CDT
A great start to the earnings season put these financial ETFs in focus.
GS: 211.50 (-0.89), VFH: 51.47 (-0.09), JPM: 69.10 (-0.16), KBWB: 40.96 (+0.01), C: 59.10 (+0.25), BAC: 18.08 (-0.04), WFC: 57.95 (-0.10), IYG: 97.41 (-0.15), XLF: 25.39 (-0.03), MS: 40.08 (+0.04)
Top Credit Cards of 2015
Matthew Frankel, The Motley Fool - Motley Fool - Tue Jul 21, 5:04AM CDT
It is difficult to list the best all-around credit cards, because different consumers prefer different benefits. Some credit cards have excellent introductory interest rate offers, some are great for balance transfers, and some have the opportunity...
JPM: 69.10 (-0.16), COF: 91.71 (+0.27), AXP: 78.95 (-0.35), DAL: 44.65 (+0.56), C: 59.10 (+0.25), FICO: 93.67 (-1.26), BAC: 18.08 (-0.04), HOT: 84.24 (-0.55)
