Savings And Loans Adapting To Flatter Yield Curve
at Investor's Business Daily - 1 hr 57 mins ago
The relatively sweet spot of this economic cycle may be coming to an end for the savings-and-loan industry, as the Federal Reserve gets ready to raise short-term interest rates. But you wouldn't know it by looking at an industry stock chart. The...
JPM: 63.87 (+0.68), BNCL: 13.87 (+0.32), PULB: 15.05 (-0.28), WAFD: 25.06 (+0.30)
JPMorgan Chase (JPM) Crosses Pivot Point Resistance at $63.71
Comtex SmarTrend(R) - Fri Oct 23, 1:07PM CDT
JPMorgan Chase (NYSE:JPM) has opened bullishly above the pivot of $63.06 today and has reached the first level of resistance at $63.71. Analysts will be watching for a cross of the next upside pivot targets of $64.22 and $65.38.
JPM: 63.87 (+0.68)
Bank Stock Roundup: Q3 Earnings Bring Some Respite; BNY Mellon, Regions in Focus
Zacks Equity Research - Zacks Investment Research - Fri Oct 23, 10:47AM CDT
Amid the tough industry backdrop and rising costs in third-quarter 2015, most of the banks that reported this week succeeded in outpacing the earnings estimates aided by top-line growth. These ultimately led to positive share price movement.
FITB: 19.11 (+0.40), RF: 9.45 (+0.24), COF: 81.12 (+6.18), JPM: 63.87 (+0.68), USB: 42.62 (+0.78), STI: 41.75 (+0.96), BAC: 16.52 (+0.36), WFC: 54.75 (+0.69), PNC: 91.24 (+1.76), BK: 42.25 (+0.60)
Are BofA's 1 Million New Credit Cards a Good Omen?
at The Street - Fri Oct 23, 8:34AM CDT
Consumer businesses are looking up at Wells Fargo and Citigroup, while trading has weighed on earnings at Wall Street banks like Goldman Sachs and Morgan Stanley.
GS: 185.50 (+1.94), JPM: 63.87 (+0.68), C: 53.64 (+1.13), WFC: 54.75 (+0.69), BAC: 16.52 (+0.36), MS: 32.62 (+0.27)
VEDC and JPMorgan Chase Announce Loan Fund for African American-Owned Small Businesses
Business Wire - Fri Oct 23, 8:00AM CDT
VEDC and JPMorgan Chase & Co. today announced a new lending program for African American-owned small businesses in New York City, Chicago and Los Angeles. The National African American Small Business Loan Fund will boost economic opportunity for minority-owned businesses in these cities and help them serve low-income communities by providing them with greater access to capital, technical assistance and financial consulting. JPMorgan Chase Foundation has contributed a $3 million grant to help VEDC reach its goal of creating a $30 million loan fund.
JPM: 63.87 (+0.68)
Regions Financial: 3 Reasons to Buy and 3 Reasons to Be Cautious
Matthew Frankel, The Motley Fool - Motley Fool - Fri Oct 23, 7:20AM CDT
Image source: Wikipedia user Billy Hathorn . Regions Financial reported its third-quarter earnings earlier this week, and the results were mixed. The bank slightly missed estimates for both earnings and revenue, and there were a few other...
RF: 9.45 (+0.24), JPM: 63.87 (+0.68), C: 53.64 (+1.13)
Youku Tudou engages financial advisor, legal counsel to study going private proposal from Alibaba
M2 - Fri Oct 23, 6:06AM CDT
Youku Tudou Inc. (NYSE: YOKU) said that the independent special committee of the company's board of directors has taken initial action in connection with its review and evaluation of the nonbinding proposal, dated October 16, 2015, from Alibaba Group Holding Limited for a "going-private" transaction in which it would acquire all of the outstanding ordinary shares of the company.
JPM: 63.87 (+0.68), YOKU: 24.61 (-0.04), BABA: 75.62 (+4.63)
Jim Cramer's 'Mad Money' Recap: Surprises Turn Market on Its Head
at The Street - Thu Oct 22, 7:06PM CDT
Sometimes following the short-sellers can give you gains -- when they get it wrong, Cramer says.
AMZN: 599.03 (+35.12), CY: 10.25 (+0.49), GE: 29.51 (-0.07), MCK: 186.96 (+5.52), SNA: 164.00 (-0.11), KMB: 121.24 (+0.44), LNG: 46.43 (+0.47), INTC: 34.90 (+0.50), WM: 53.19 (-0.32), AEP: 57.48 (-1.69), T: 33.74 (-0.22), JPM: 63.87 (+0.68), DD: 60.27 (+1.08), MCD: 112.59 (+1.72), NVCR: 19.52 (+0.37), GOOGL: 719.33 (+38.19), CVX: 91.24 (-0.38), MSFT: 52.87 (+4.84), DOW: 50.32 (+0.40), CTL: 28.02 (+0.11)
Things Are Better Than They Seem at JPMorgan Chase
Motley Fool Staff - Motley Fool - Thu Oct 22, 5:01PM CDT
While JPMorgan Chase reported a 7% decrease in revenue last quarter, there’s another side to its third-quarter performance that investors can take solace in. Namely, despite the challenging revenue environment, the nation's biggest bank by assets...
JPM: 63.87 (+0.68)
Wells Fargo & Co. Had a Solid Third Quarter. Why Didn't Bank of America?
Motley Fool Staff - Motley Fool - Thu Oct 22, 5:00PM CDT
The major U.S. banks have all reported quarterly earnings, with each facing its own issues with profitability. But while Wells Fargo reported solid asset growth, Bank of America and Citigroup continue to mend from the financial crisis....
GS: 185.50 (+1.94), JPM: 63.87 (+0.68), C: 53.64 (+1.13), WFC: 54.75 (+0.69), BAC: 16.52 (+0.36)
JPMorgan Chase Rises 1.82% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu Oct 22, 3:54PM CDT
JPMorgan Chase (NYSE:JPM) traded in a range yesterday that spanned from a low of $62.42 to a high of $63.58. Yesterday, the shares gained 1.8%, which took the trading range above the 3-day high of $62.96 on volume of 15.3 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: 63.87 (+0.68)
The 5 Most Profitable Big Banks in America
John Maxfield, The Motley Fool - Motley Fool - Thu Oct 22, 3:44PM CDT
With third-quarter earnings season winding down for the nation's biggest banks, investors can now get a sense for how companies like US Bancorp , Wells Fargo , and JPMorgan Chase stacked up against their peers in the three months ended Sept....
FITB: 19.11 (+0.40), JPM: 63.87 (+0.68), USB: 42.62 (+0.78), WFC: 54.75 (+0.69), PNC: 91.24 (+1.76)
How Short Sellers Run this Market: Part 2
at The Street - Thu Oct 22, 12:00PM CDT
Now, the sectors where the shorts got slammed.
KO: 42.79 (-0.45), MMM: 155.79 (-0.21), GE: 29.51 (-0.07), CLX: 123.25 (-0.35), UTX: 100.62 (+0.83), DAL: 51.00 (+0.19), KMB: 121.24 (+0.44), WDC: 69.34 (-0.62), BA: 146.70 (+0.39), INTC: 34.90 (+0.50), PEP: 102.43 (-0.65), JPM: 63.87 (+0.68), TXN: 58.98 (+0.89), MCD: 112.59 (+1.72), SNDK: 78.37 (+1.28)
Youku Tudou Special Committee Engages Financial Advisor and Legal Counsel
PR Newswire - Thu Oct 22, 8:15AM CDT
Youku Tudou Inc. (NYSE: YOKU), a leading multi-screen entertainment and media company in China ("Youku Tudou" or the "Company"
JPM: 63.87 (+0.68), YOKU: 24.61 (-0.04), BABA: 75.62 (+4.63)
DMS Recruits Michael Garvey As Managing Director
PR Newswire Europe - Thu Oct 22, 8:03AM CDT
DMS Offshore Investment Services Ltd. (DMS), the world's largest fund governance firm, is adding to its onshore fund governance capabilities with the recruitment of Michael Garvey, a former Managing Director of J.P. Morgan Alternative Asset Management (JPMAAM).
JPM: 63.87 (+0.68)
Why Goldman Sachs is Trouncing JPMorgan
at The Street - Thu Oct 22, 7:04AM CDT
Both investment banks came out with their numbers last week, showing that Goldman Sachs is the better investment.
GS: 185.50 (+1.94), JPM: 63.87 (+0.68)
Northern Trust Q3 Earnings Lag Estimates; Revenues up Y/Y
Zacks Equity Research - Zacks Investment Research - Wed Oct 21, 2:35PM CDT
Impacted by elevated expenses, Northern Trust Corporation (NTRS) posted a negative earnings surprise of 1% in the third quarter of 2015. Earnings per share came in at 96 cents, missing the Zacks Consensus Estimate by a penny.
NTRS: 69.17 (+1.07), JPM: 63.87 (+0.68), BAC: 16.52 (+0.36), WFC: 54.75 (+0.69)
Price Collapse Means Hard Times for Alternative Oil Production
at The Street - Wed Oct 21, 2:30PM CDT
And this can have far-reaching implications; banks will feel the pain.
TSLA: 209.09 (-2.63), JPM: 63.87 (+0.68), C: 53.64 (+1.13), WFC: 54.75 (+0.69), BAC: 16.52 (+0.36)