JP Morgan Chase & Co (JPM) 62.13 $JPM
Brace for Fallout at BofA, JPMorgan From Fed's Inaction
at The Street - Wed Oct 07, 1:56PM CDT
Companies from Bank of America to JPMorgan and Goldman Sachs may see fallout in third-quarter earnings from the Fed's decision to leave interest rates unchanged, and trading desks won't help.
VIRT: 23.32 (+0.43), GS: 182.23 (+1.91), JPM: 62.13 (+0.08), BAC: 15.75 (+0.06)
Chart: Bank of America Is Closing Branches as Mobile App Users Grow
John Maxfield, The Motley Fool - Motley Fool - Wed Oct 07, 1:22PM CDT
Image credit: iStock/Thinkstock. Bank of America 's business model is in the midst of a dramatic shift, as increased adoption of mobile banking is allowing the nation's second-biggest bank by assets to trim its physical branch count. You can...
BOFI: 140.36 (+5.17), JPM: 62.13 (+0.08), BAC: 15.75 (+0.06)
How Will JPMorgan (JPM) Stock React to Loan Purchases from Small Lenders?
at The Street - Wed Oct 07, 11:40AM CDT
JPMorgan (JPM) is increasingly purchasing loans from smaller lenders, in what competitors have deemed a risky practice.
JPM: 62.13 (+0.08)
Fifth Third Resolves Faulty Mortgage Suit; to Pay $85M
Zacks Equity Research - Zacks Investment Research - Wed Oct 07, 10:20AM CDT
Fifth Third Bancorp (FITB) has come up with another settlement within a week related to its faulty lending practices prior to the financial crisis. The Cincinnati - based bank has agreed to resolve civil fraud claims related to mortgage loan practices with the settlement amount of $85 million.
FITB: 19.04 (+0.09), JPM: 62.13 (+0.08), C: 51.32 (+0.26), BAC: 15.75 (+0.06)
How to Trade 4 'Too Big to Fail' Banks in Earnings Season
at The Street - Wed Oct 07, 8:48AM CDT
The four 'too big to fail' banks have been lagging the market over the last few trading sessions and face technical 'death crosses.' Here's how to trade them.
JPM: 62.13 (+0.08), C: 51.32 (+0.26), BAC: 15.75 (+0.06), WFC: 52.19 (+0.16)
Why the U.S. Is Headed Toward a Retirement Crisis –- and How to Fix It
at The Street - Wed Oct 07, 7:20AM CDT
About half of U.S. workers have no retirement plan and more than eight in 10 are worried about their retirement.
JPM: 62.13 (+0.08)
Bank of America Merrill Lynch Displaces J.P. Morgan Atop Institutional Investor's All-America Research Team
Marketwired - Wed Oct 07, 6:15AM CDT
The competition between the leading providers of U.S. equity research just got tighter, with five firms crowding into the top three places on the 2015 All-America Research Team, Institutional Investor's annual ranking of the nation's best sell-side analysts.
JPM: 62.13 (+0.08)
AppDirect Raises $140 Million to Power the Global Cloud Service Economy
Business Wire - Wed Oct 07, 6:00AM CDT
AppDirect, the leader in cloud service commerce, announced today during the AppDirect Partner Summit that it has raised $140 million in funding led by an investment fund advised by J.P. Morgan Asset Management, with participation from all existing institutional investors, including Foundry Group, iNovia Capital, Mithril Capital Management, StarVest Partners, and Stingray Digital. Since its founding in 2009, AppDirect has raised a total of $245 million.
JPM: 62.13 (+0.08)
U.S. Rep. Castor to Address the Military Spouse Symposium "Keeping a Career on the Move(R)" in Tampa
PRWeb - Tue Oct 06, 6:00PM CDT
U.S. Rep. Kathy Castor of Florida will kick off the 2015 Military Spouse Symposium "Keeping a Career on the Move(R)" as the keynote speaker Wednesday, Oct. 14 at 9:05 a.m. The award-winning professional-development conference, hosted by the Military Officers Association of America (MOAA), is open to all military spouses, service members and veterans and will begin at 9 a.m. (Registration opens at 8:15 a.m.). The U.S. Chamber of Commerce Foundation's Hiring Our Heroes Military Spouse Networking Event and Hiring Fair will follow. All events will be held at the A La Carte Event Pavilion in Tampa, Fla.
JPM: 62.13 (+0.08)
Twitter Inc Gets a Permanent CEO -- Now What?
Leo Sun, The Motley Fool - Motley Fool - Tue Oct 06, 3:29PM CDT
Twitter recently named co-founder Jack Dorsey as its permanent CEO. Dorsey took over as interim CEO four months ago when Dick Costolo abruptly resigned, but there were doubts that Dorsey would stay since he was also the CEO of...
JPM: 62.13 (+0.08), TWTR: 29.83 (+2.21)
TransUnion to Present at J.P. Morgan Ultimate Services Investor Conference
Marketwired - Tue Oct 06, 3:07PM CDT
TransUnion (NYSE: TRU) will present at the J.P. Morgan Ultimate Services Investor Conference in New York City on Nov. 10, 2015. The presentation is scheduled to begin at 8:15 a.m. ET. A live webcast of the presentation will be made available at the TransUnion Investor Relations website at www.transunion.com/tru. A replay will be available on the company's website following the conclusion of the presentation.
TRU: 25.01 (+0.48), JPM: 62.13 (+0.08)
Probe on Banks' Electronic FX Trade Rigging Intensifies
Zacks Equity Research - Zacks Investment Research - Tue Oct 06, 1:55PM CDT
Once again, banks are in the limelight; this time for their alleged manipulation of electronic FX trade. The NYDFS has intensified investigation into the matter.
BCS: 15.73 (+0.18), GS: 182.23 (+1.91), JPM: 62.13 (+0.08), C: 51.32 (+0.26), CS: 25.32 (-0.06), HSBC: 40.57 (+1.04), DB: 28.79 (+0.39), UBS: 19.97 (+0.20)
17 Stocks Credit Suisse Loves
at The Street - Tue Oct 06, 10:30AM CDT
Here are 17 U.S. stocks Credit Suisse recommends.
DVN: 43.86 (+0.11), TSLA: 231.96 (-9.50), MU: 18.62 (+0.40), GE: 27.77 (+0.48), MDLZ: 44.33 (+0.43), SEE: 48.40 (+0.88), BXP: 121.25 (+0.93), FB: 92.40 (-0.40), CS: 25.32 (-0.06), MAR: 74.17 (+2.26), LUV: 38.71 (+0.71), TWX: 71.80 (+0.39), DNKN: 42.61 (+0.39), JPM: 62.13 (+0.08), AMG: 177.07 (+3.00), HBI: 28.95 (-0.08), MRO: 19.17 (unch), ADSK: 45.90 (+1.10)
3 Big Banking Scandals You Should Know About
at The Street - Tue Oct 06, 10:05AM CDT
If you're new to financial news or investing, here are three recent banking scandals with broad repercussions that you should know about.
BCS: 15.73 (+0.18), GS: 182.23 (+1.91), JPM: 62.13 (+0.08), C: 51.32 (+0.26), HSBC: 40.57 (+1.04), RBS: 10.19 (+0.14), UBS: 19.97 (+0.20), LYG: 4.78 (+0.01)
$3 Million JPMorgan Chase Grant to Advocate Charitable Foundation Funds a New Healthcare Workforce Collaborative
Business Wire - Tue Oct 06, 10:00AM CDT
JPMorgan Chase & Co. (NYSE: JPM) announced a $3 million grant to Advocate Charitable Foundation to launch the Healthcare Workforce Collaborative run by Advocate Health Care that will provide healthcare-focused, skill-based training for middle-skill occupations to unemployed and underemployed populations. This grant is the largest single corporate gift in Advocate's 20-year history as an integrated health system.
JPM: 62.13 (+0.08)
Investment Funds And Asset Management Market In Poland, 2015-2017
M2 - Tue Oct 06, 5:58AM CDT
Research and Markets (http://www.researchandmarkets.com/research/xbvx3p/investment_funds) has announced the addition of the "Investment Funds And Asset Management Market In Poland, 2015-2017" report to their offering. The report: "Asset Management Market in Poland 2015-2017" provides a comprehensive overview of investment funds and asset management sector in Poland. Analysis covers three main pillars of the market including: mutual funds, insurance and pension assets. Report includes also mid-term forecast of key volumes for the period 2015-2017. The asset management industry in Poland remains in a fast-growing trend. The total value of assets under management (AuM) exceeded PLN 536 billion (EUR 128 billion) as of June 2015. While all key market segments have demonstrated positive developments, the growth in assets of investment funds has beaten other product groups. Assets of regulated investment funds topped PLN 230 billion, which corresponds to a 9% growth in the first half of 2015 alone. Outlook The asset management industry in Poland is expected to sustain a moderate growth at -7% p.a. by 2017. In-line with historical trends it is investment fund assets, where the fastest growth is expected to occur. Nevertheless also insurance and pension assets are likely to demonstrate solid performance. A key growth factor will be increasing wealth of individuals thanks to the accelerating economy which supports private wealth formation and emergence of new clients. Today, the asset management industry in Poland is serving directly over 2 million clients which is a fraction of the population. However, growing disposable income and personal wealth could easily double this figure within the next decade. Key Topics Covered: 1. Executive Summary 2. Asset Management Market 3. Investment Funds 4. Pension 5. Insurance 6. Forecasts 7. Notes on methodology Companies Mentioned - AXA OFE - Amundi - Aviva OFE - BPH TFI - BZ WBK TFI - ING - Investors TFI - Ipopema - Izba Zarzadzajacych Funduszami i Aktywami IZFA - J.P. Morgan - KBC TFI - Komisja Nadzoru Finansowego KNF - Millennium TFI - NN IP (ING) - NN IP (ING) TFI - Narodowy Bank Polski NBP - PKO TFI - PZU - Pioneer Pekao - Pioneer Pekao TFI - Skarbiec TFI - TFI PZU - Union Investment TFI For more information visit http://www.researchandmarkets.com/research/xb...ment_funds
JPM: 62.13 (+0.08)
JPMorgan Chase Investor Day
M2 - Tue Oct 06, 3:03AM CDT
On Tuesday, February 23, 2016, JPMorgan Chase & Co. will hold an Investor Day in City with presentations given by Jamie Dimon, Chairman and Chief Executive Officer, and members of executive management. The presentations will include question and answer sessions.
JPM: 62.13 (+0.08)
Watch for JPMorgan Chase to Potentially Pullback After Gaining 1.99% Yesterday
Comtex SmarTrend(R) - Mon Oct 05, 4:02PM CDT
JPMorgan Chase (NYSE:JPM) traded in a range yesterday that spanned from a low of $61.22 to a high of $62.24. Yesterday, the shares gained 2.0%, which took the trading range above the 3-day high of $61.87 on volume of 13.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
JPM: 62.13 (+0.08)
Brace for Fallout at BofA, JPMorgan From Fed's Inaction
at The Street - Wed Oct 07, 1:56PM CDT
Companies from Bank of America to JPMorgan and Goldman Sachs may see fallout in third-quarter earnings from the Fed's decision to leave interest rates unchanged, and trading desks won't help.
VIRT: 23.32 (+0.43), GS: 182.23 (+1.91), JPM: 62.13 (+0.08), BAC: 15.75 (+0.06)
Chart: Bank of America Is Closing Branches as Mobile App Users Grow
John Maxfield, The Motley Fool - Motley Fool - Wed Oct 07, 1:22PM CDT
Image credit: iStock/Thinkstock. Bank of America 's business model is in the midst of a dramatic shift, as increased adoption of mobile banking is allowing the nation's second-biggest bank by assets to trim its physical branch count. You can...
BOFI: 140.36 (+5.17), JPM: 62.13 (+0.08), BAC: 15.75 (+0.06)
How Will JPMorgan (JPM) Stock React to Loan Purchases from Small Lenders?
at The Street - Wed Oct 07, 11:40AM CDT
JPMorgan (JPM) is increasingly purchasing loans from smaller lenders, in what competitors have deemed a risky practice.
JPM: 62.13 (+0.08)
Fifth Third Resolves Faulty Mortgage Suit; to Pay $85M
Zacks Equity Research - Zacks Investment Research - Wed Oct 07, 10:20AM CDT
Fifth Third Bancorp (FITB) has come up with another settlement within a week related to its faulty lending practices prior to the financial crisis. The Cincinnati - based bank has agreed to resolve civil fraud claims related to mortgage loan practices with the settlement amount of $85 million.
FITB: 19.04 (+0.09), JPM: 62.13 (+0.08), C: 51.32 (+0.26), BAC: 15.75 (+0.06)
How to Trade 4 'Too Big to Fail' Banks in Earnings Season
at The Street - Wed Oct 07, 8:48AM CDT
The four 'too big to fail' banks have been lagging the market over the last few trading sessions and face technical 'death crosses.' Here's how to trade them.
JPM: 62.13 (+0.08), C: 51.32 (+0.26), BAC: 15.75 (+0.06), WFC: 52.19 (+0.16)
Why the U.S. Is Headed Toward a Retirement Crisis –- and How to Fix It
at The Street - Wed Oct 07, 7:20AM CDT
About half of U.S. workers have no retirement plan and more than eight in 10 are worried about their retirement.
JPM: 62.13 (+0.08)
Bank of America Merrill Lynch Displaces J.P. Morgan Atop Institutional Investor's All-America Research Team
Marketwired - Wed Oct 07, 6:15AM CDT
The competition between the leading providers of U.S. equity research just got tighter, with five firms crowding into the top three places on the 2015 All-America Research Team, Institutional Investor's annual ranking of the nation's best sell-side analysts.
JPM: 62.13 (+0.08)
AppDirect Raises $140 Million to Power the Global Cloud Service Economy
Business Wire - Wed Oct 07, 6:00AM CDT
AppDirect, the leader in cloud service commerce, announced today during the AppDirect Partner Summit that it has raised $140 million in funding led by an investment fund advised by J.P. Morgan Asset Management, with participation from all existing institutional investors, including Foundry Group, iNovia Capital, Mithril Capital Management, StarVest Partners, and Stingray Digital. Since its founding in 2009, AppDirect has raised a total of $245 million.
JPM: 62.13 (+0.08)
U.S. Rep. Castor to Address the Military Spouse Symposium "Keeping a Career on the Move(R)" in Tampa
PRWeb - Tue Oct 06, 6:00PM CDT
U.S. Rep. Kathy Castor of Florida will kick off the 2015 Military Spouse Symposium "Keeping a Career on the Move(R)" as the keynote speaker Wednesday, Oct. 14 at 9:05 a.m. The award-winning professional-development conference, hosted by the Military Officers Association of America (MOAA), is open to all military spouses, service members and veterans and will begin at 9 a.m. (Registration opens at 8:15 a.m.). The U.S. Chamber of Commerce Foundation's Hiring Our Heroes Military Spouse Networking Event and Hiring Fair will follow. All events will be held at the A La Carte Event Pavilion in Tampa, Fla.
JPM: 62.13 (+0.08)
Twitter Inc Gets a Permanent CEO -- Now What?
Leo Sun, The Motley Fool - Motley Fool - Tue Oct 06, 3:29PM CDT
Twitter recently named co-founder Jack Dorsey as its permanent CEO. Dorsey took over as interim CEO four months ago when Dick Costolo abruptly resigned, but there were doubts that Dorsey would stay since he was also the CEO of...
JPM: 62.13 (+0.08), TWTR: 29.83 (+2.21)
TransUnion to Present at J.P. Morgan Ultimate Services Investor Conference
Marketwired - Tue Oct 06, 3:07PM CDT
TransUnion (NYSE: TRU) will present at the J.P. Morgan Ultimate Services Investor Conference in New York City on Nov. 10, 2015. The presentation is scheduled to begin at 8:15 a.m. ET. A live webcast of the presentation will be made available at the TransUnion Investor Relations website at www.transunion.com/tru. A replay will be available on the company's website following the conclusion of the presentation.
TRU: 25.01 (+0.48), JPM: 62.13 (+0.08)
Probe on Banks' Electronic FX Trade Rigging Intensifies
Zacks Equity Research - Zacks Investment Research - Tue Oct 06, 1:55PM CDT
Once again, banks are in the limelight; this time for their alleged manipulation of electronic FX trade. The NYDFS has intensified investigation into the matter.
BCS: 15.73 (+0.18), GS: 182.23 (+1.91), JPM: 62.13 (+0.08), C: 51.32 (+0.26), CS: 25.32 (-0.06), HSBC: 40.57 (+1.04), DB: 28.79 (+0.39), UBS: 19.97 (+0.20)
17 Stocks Credit Suisse Loves
at The Street - Tue Oct 06, 10:30AM CDT
Here are 17 U.S. stocks Credit Suisse recommends.
DVN: 43.86 (+0.11), TSLA: 231.96 (-9.50), MU: 18.62 (+0.40), GE: 27.77 (+0.48), MDLZ: 44.33 (+0.43), SEE: 48.40 (+0.88), BXP: 121.25 (+0.93), FB: 92.40 (-0.40), CS: 25.32 (-0.06), MAR: 74.17 (+2.26), LUV: 38.71 (+0.71), TWX: 71.80 (+0.39), DNKN: 42.61 (+0.39), JPM: 62.13 (+0.08), AMG: 177.07 (+3.00), HBI: 28.95 (-0.08), MRO: 19.17 (unch), ADSK: 45.90 (+1.10)
3 Big Banking Scandals You Should Know About
at The Street - Tue Oct 06, 10:05AM CDT
If you're new to financial news or investing, here are three recent banking scandals with broad repercussions that you should know about.
BCS: 15.73 (+0.18), GS: 182.23 (+1.91), JPM: 62.13 (+0.08), C: 51.32 (+0.26), HSBC: 40.57 (+1.04), RBS: 10.19 (+0.14), UBS: 19.97 (+0.20), LYG: 4.78 (+0.01)
$3 Million JPMorgan Chase Grant to Advocate Charitable Foundation Funds a New Healthcare Workforce Collaborative
Business Wire - Tue Oct 06, 10:00AM CDT
JPMorgan Chase & Co. (NYSE: JPM) announced a $3 million grant to Advocate Charitable Foundation to launch the Healthcare Workforce Collaborative run by Advocate Health Care that will provide healthcare-focused, skill-based training for middle-skill occupations to unemployed and underemployed populations. This grant is the largest single corporate gift in Advocate's 20-year history as an integrated health system.
JPM: 62.13 (+0.08)
Investment Funds And Asset Management Market In Poland, 2015-2017
M2 - Tue Oct 06, 5:58AM CDT
Research and Markets (http://www.researchandmarkets.com/research/xbvx3p/investment_funds) has announced the addition of the "Investment Funds And Asset Management Market In Poland, 2015-2017" report to their offering. The report: "Asset Management Market in Poland 2015-2017" provides a comprehensive overview of investment funds and asset management sector in Poland. Analysis covers three main pillars of the market including: mutual funds, insurance and pension assets. Report includes also mid-term forecast of key volumes for the period 2015-2017. The asset management industry in Poland remains in a fast-growing trend. The total value of assets under management (AuM) exceeded PLN 536 billion (EUR 128 billion) as of June 2015. While all key market segments have demonstrated positive developments, the growth in assets of investment funds has beaten other product groups. Assets of regulated investment funds topped PLN 230 billion, which corresponds to a 9% growth in the first half of 2015 alone. Outlook The asset management industry in Poland is expected to sustain a moderate growth at -7% p.a. by 2017. In-line with historical trends it is investment fund assets, where the fastest growth is expected to occur. Nevertheless also insurance and pension assets are likely to demonstrate solid performance. A key growth factor will be increasing wealth of individuals thanks to the accelerating economy which supports private wealth formation and emergence of new clients. Today, the asset management industry in Poland is serving directly over 2 million clients which is a fraction of the population. However, growing disposable income and personal wealth could easily double this figure within the next decade. Key Topics Covered: 1. Executive Summary 2. Asset Management Market 3. Investment Funds 4. Pension 5. Insurance 6. Forecasts 7. Notes on methodology Companies Mentioned - AXA OFE - Amundi - Aviva OFE - BPH TFI - BZ WBK TFI - ING - Investors TFI - Ipopema - Izba Zarzadzajacych Funduszami i Aktywami IZFA - J.P. Morgan - KBC TFI - Komisja Nadzoru Finansowego KNF - Millennium TFI - NN IP (ING) - NN IP (ING) TFI - Narodowy Bank Polski NBP - PKO TFI - PZU - Pioneer Pekao - Pioneer Pekao TFI - Skarbiec TFI - TFI PZU - Union Investment TFI For more information visit http://www.researchandmarkets.com/research/xb...ment_funds
JPM: 62.13 (+0.08)
JPMorgan Chase Investor Day
M2 - Tue Oct 06, 3:03AM CDT
On Tuesday, February 23, 2016, JPMorgan Chase & Co. will hold an Investor Day in City with presentations given by Jamie Dimon, Chairman and Chief Executive Officer, and members of executive management. The presentations will include question and answer sessions.
JPM: 62.13 (+0.08)
Watch for JPMorgan Chase to Potentially Pullback After Gaining 1.99% Yesterday
Comtex SmarTrend(R) - Mon Oct 05, 4:02PM CDT
JPMorgan Chase (NYSE:JPM) traded in a range yesterday that spanned from a low of $61.22 to a high of $62.24. Yesterday, the shares gained 2.0%, which took the trading range above the 3-day high of $61.87 on volume of 13.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
JPM: 62.13 (+0.08)
