Banks Immune to China Chaos: False Sense of Safety or Truth?
Zacks Equity Research - Zacks Investment Research - Wed Aug 26, 4:18PM CDT
All sectors in the S&P 500 index ended lower yesterday with the finance sector falling in the mid-range. With China's banking system largely closed to outsiders, exposure of major U.S. banks to their economy is limited.
GS: 184.40 (+6.18), JPM: 62.91 (+3.00), C: 52.28 (+2.40), BAC: 16.06 (+0.80), WFC: 52.30 (+2.28)
September Rate Hike 'Less Compelling' as China Batters Markets, Fed's Dudley Says
at The Street - Wed Aug 26, 2:03PM CDT
Federal Reserve officials will consider global economic conditions and financial market developments along with U.S. data such as consumer confidence and home sales when deciding whether to raise interest rates.
GS: 184.40 (+6.18), JPM: 62.91 (+3.00)
Stocks Open Higher In Weak Trade; Netflix, Google, Amazon Rocket
at Investor's Business Daily - Wed Aug 26, 9:25AM CDT
Stocks charged higher at the starting bell for a second straight day on Wednesday. Volume was soft across the board as the Dow Jones industrial average and the S&P 500 notched 2.3% gains. The Nasdaq was up 2.4%. All had pulled back from their opening...
AMZN: 500.77 (+34.40), CAM: 59.93 (+17.46), WETF: 17.93 (-0.64), WYNN: 74.29 (-1.42), SLB: 70.09 (-2.43), NFLX: 110.13 (+8.61), V: 70.69 (+3.72), JPM: 62.91 (+3.00), MRK: 54.42 (+3.25), SCMP: 24.55 (+0.61), GOOGL: 659.74 (+47.27), AAPL: 109.69 (+5.95)
J.P. Morgan Outlines Trends Driving Investment Decisions for Endowments and Foundations
PR Newswire - Wed Aug 26, 9:11AM CDT
J.P. Morgan Asset Management released its latest Investment Insights paper identifying current themes driving investment decisions for endowments and foundations in today's volatile economic environment. Authored by Monica Issar, Global Head, J.P. Morgan Asset Management Endowments & Foundations Group, and Anthony Werley, Chief Strategist, J.P. Morgan Asset Management Endowments & Foundations Group, the paper - "Seeking direction in a volatile market" - highlights prevalent trends in nonprofit investment management, as well as areas of opportunity for investors. Key findings include:
JPM: 62.91 (+3.00)
Acelity Files Registration Statement for Proposed Initial Public Offering
Business Wire - Wed Aug 26, 8:19AM CDT
Acelity Holdings, Inc. ("Acelity"
JPM: 62.91 (+3.00)
TIER REIT, Inc. Announces Final Results of its Modified Dutch Auction Tender Offer
Business Wire - Wed Aug 26, 7:00AM CDT
TIER REIT, Inc. (NYSE: TIER) announced today the final results of its modified "Dutch Auction" tender offer to purchase for cash up to $50,000,000 in value of shares of its common stock, par value $0.0001 per share (the "Common Stock"
JPM: 62.91 (+3.00), TIER: 14.84 (-0.10)
'Fast Money' Recap: Time to Wait for Things to Calm Down
at The Street - Wed Aug 26, 4:00AM CDT
The trading panel discussed Tuesday's 'scary' market, whether to buy Macy's and sell Apple.
JPM: 62.91 (+3.00), C: 52.28 (+2.40), M: 58.72 (+1.95), BAC: 16.06 (+0.80), AAPL: 109.69 (+5.95)
Apple Spikes On Upgrade; BofA, JPMorgan Also Pop
at Investor's Business Daily - Tue Aug 25, 3:18PM CDT
Apple's (AAPL) stock price initially shot up Tuesday following an analyst upgrade while megabanks Bank of America (BAC) and JPMorgan Chase (JPM) also received positive marks. Apple was upgraded to outperform by Wells Fargo, which said a recent...
BCS: 15.90 (+0.38), JPM: 62.91 (+3.00), EXPD: 48.94 (+1.45), AEO: 16.73 (+0.76), GRMN: 37.72 (+1.02), STI: 39.03 (+1.39), BAC: 16.06 (+0.80), AAPL: 109.69 (+5.95), ADBE: 77.33 (+2.76)
U.S. Stocks Rally, But Is Now Time to Buy?
at The Street - Tue Aug 25, 2:36PM CDT
The CNBC ‘Fast Money’ traders debate whether it's time to dive into stocks now that the market seems to have stabilized.
KR: 35.08 (+1.42), JPM: 62.91 (+3.00), GILD: 106.96 (+4.40), UTX: 91.56 (+2.76), FB: 87.19 (+4.19), C: 52.28 (+2.40), XOM: 72.50 (+3.79), DIS: 99.23 (+3.34), WFC: 52.30 (+2.28), OXY: 67.15 (+1.40), AFL: 56.92 (+1.69), AAPL: 109.69 (+5.95)
5 Blue Chip Stocks Moving 20+% Monday
Zacks Equity Research - Zacks Investment Research - Tue Aug 25, 2:34PM CDT
March ahead and scoop up strong stocks that will sail through this volatility.
AMZN: 500.77 (+34.40), GE: 24.01 (+0.74), HD: 115.93 (+4.96), F: 13.21 (+0.31), JPM: 62.91 (+3.00), TM: 117.84 (+4.47), VZ: 45.16 (+1.66), AAPL: 109.69 (+5.95)
JPMorgan Upgraded Because It's the LeBron James of Banking
at The Street - Tue Aug 25, 1:43PM CDT
JPMorgan Chase's offensive and defensive tactics make it a buy, according to banking analyst Mike Mayo.
JPM: 62.91 (+3.00)
Stock Market Gyrations: What Wall Street Is Saying
at The Street - Tue Aug 25, 10:13AM CDT
Markets have been tumultuous for the past couple of days but Wall Street analysts have made only slight revisions to their favorable outlooks for 2015.
GS: 184.40 (+6.18), JPM: 62.91 (+3.00)
Stocks Rocket At Starting Bell; Netflix, Apple, Facebook Jump
at Investor's Business Daily - Tue Aug 25, 9:37AM CDT
Stocks jumped out to broad gains early Tuesday, as a rate cut in China trumped a raft of below-forecast U.S. housing data. The Nasdaq grabbed the early lead with a 3% gain. The S&P 500 swung up 2.3% and the Dow Jones industrial average climbed 2%....
FB: 87.19 (+4.19), BBY: 35.25 (+2.30), ACOR: 31.96 (+0.59), ICLR: 78.95 (+3.28), CELG: 119.23 (+6.53), SBUX: 53.96 (+2.87), NFLX: 110.13 (+8.61), JPM: 62.91 (+3.00), BHP: 34.08 (+1.16), AAPL: 109.69 (+5.95), TOL: 35.98 (+0.90), UVE: 23.48 (-0.85)
Enterprise Car Sales Offers Private-Label Financing Option Through Chase
PR Newswire - Tue Aug 25, 9:00AM CDT
Enterprise Car Sales, a service of Enterprise Rent-A-Car and part of the world's largest car rental company, and Chase today announced a new multi-year, private-label agreement, which aims to provide car buyers a seamless customer experience - from the selection of their vehicle to the financing of their purchase.
JPM: 62.91 (+3.00)
MarketResearch.com: Banking Leaders to Open New Company in Financial Services
PR Newswire - Tue Aug 25, 7:04AM CDT
Industry leaders J.P. Morgan Chase & Co., Goldman Sachs, and Morgan Stanley plan to create a company that will organize their data and determine their pricing strategies. In order to provide insights into such changes in the financial services market, MarketResearch.com offers users access to its Financial Services Knowledge Center, a premier source of market information for top industry decision makers.
JPM: 62.91 (+3.00), MS: 33.30 (+1.54)
Telecom, Financial Stocks Eye Moves By Fed, China Oil
at Investor's Business Daily - Mon Aug 24, 5:25PM CDT
Shares in phone companies AT&T (T) and Verizon Communications (VZ) edged down on "Black Monday" amid a sell-off in technology and momentum stocks as some analysts said that high-paying dividend stocks may be a safe haven near-term for investors. The...
NFLX: 110.13 (+8.61), AMZN: 500.77 (+34.40), T: 32.69 (+0.89), JPM: 62.91 (+3.00), FB: 87.19 (+4.19), C: 52.28 (+2.40), AAPL: 109.69 (+5.95), VZ: 45.16 (+1.66)
After Yesterday's Decline of 5.27%, JPMorgan Chase Offers Investors Better Value
Comtex SmarTrend(R) - Mon Aug 24, 4:43PM CDT
JPMorgan Chase (NYSE:JPM) traded in a range yesterday that spanned from a low of $50.07 to a high of $62.92. Yesterday, the shares fell 5.3%, which took the trading range below the 3-day low of $63.57 on volume of 36.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
JPM: 62.91 (+3.00)