JP Morgan Chase & Co (JPM) 63.27 $JPM
Spark Therapeutics Announces Launch of Public Offering
GlobeNewswire - Mon Jun 13, 3:47PM CDT
Spark Therapeutics, Inc. ("Spark"
(NASDAQ:ONCE) announced today that it has commenced an underwritten public offering of 3,500,000 shares of its common stock pursuant to an automatically effective shelf registration statement that has been filed with the Securities and Exchange Commission. The offering consists of 2,500,000 shares being offered by Spark and 1,000,000 shares being offered by The Children's Hospital of Philadelphia Foundation ("CHOP". In addition, Spark is expected to grant the underwriters of the offering an option for a period of 30 days to purchase up to an additional 525,000 shares at the public offering price, less the underwriting discount. Spark will not receive any proceeds from the sale of shares by CHOP. 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.
JPM: 63.27 (-0.57), ONCE: 52.55 (-1.03)
Stock Market News for June 13, 2016
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 9:10AM CDT
Benchmarks ended in the red for the second consecutive day on Friday as concerns regarding “Brexit” raised global growth worries
PXD: 160.68 (+1.13), GS: 148.63 (-1.26), JPM: 63.27 (-0.57), C: 43.16 (-0.74), EOG: 81.39 (-0.17), XOM: 90.59 (+0.61), COP: 43.88 (-0.63), WFC: 47.97 (-0.37), BAC: 13.60 (-0.23), CVX: 102.10 (+0.12), BHI: 45.50 (-0.44)
Donald Trump’s Policy Stance Favors Big Banks Like JP Morgan
Alex Cho - Amigobulls - Mon Jun 13, 3:59AM CDT
Trump’s political process involves repealing the Dodd-Frank Act. On a net basis this is good for banks like JP Morgan and the economy.
JPM: 63.27 (-0.57)
JPMorgan China Region Fund, Inc. Adjournment of Annual Meeting of Stockholders
BusinessWire - Fri Jun 10, 4:25PM CDT
JPMorgan China Region Fund, Inc. ('JFC' or the 'Fund' announced today that the Fund's Annual Meeting of Stockholders ('Annual Meeting' has been adjourned until July 20, 2016 because a quorum for the conduct of business was not present. The reconvened Annual Meeting will be held on July 20, 2016 at 11:00 a.m. Eastern Time at the offices of J.P. Morgan Asset Management, 270 Park Avenue, New York, NY 10017. The record date for the Annual Meeting remains March 24, 2016.
JFC: 15.24 (+0.04), JPM: 63.27 (-0.57)
US stocks give up recent gains as oil prices sink
By MARLEY JAY - AP - Fri Jun 10, 4:19PM CDT
NEW YORK (AP) — U.S. stocks skidded Friday in a wave of selling that wiped out most of the market's gains from earlier this week. A drop in oil prices took energy companies sharply lower. Investors were also troubled by a poll showing Britain may be more likely to leave the European Union.
WLK: 44.89 (-1.51), JPM: 63.27 (-0.57), C: 43.16 (-0.74), COP: 43.88 (-0.63), BAC: 13.60 (-0.23), VZ: 52.57 (-0.10), HRB: 23.75 (-0.48)
Markets Right Now: Stocks tumble as energy companies fall
AP - Fri Jun 10, 3:28PM CDT
NEW YORK (AP) — The latest on developments in global financial markets (all times local):
JPM: 63.27 (-0.57), C: 43.16 (-0.74), COP: 43.88 (-0.63), BAC: 13.60 (-0.23)
Morgan Stanley to Foray into ETF Business
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 3:05PM CDT
Morgan Stanley is planning to enter the ETF business.
GS: 148.63 (-1.26), STT: 59.11 (-0.07), JPM: 63.27 (-0.57), BLK: 344.59 (-2.38), MLPI: 27.29 (-0.40), GEM: 25.44 (-0.42), MS: 25.26 (-0.28)
Fitch Affirms JPMCC 2007-LDP10; Revises Outlook
BusinessWire - Fri Jun 10, 1:05PM CDT
Fitch Ratings has affirmed 26 classes of J.P. Morgan Chase Commercial Mortgage Securities Trust, commercial mortgage pass-through certificates, series 2007-LDP10 (JPMCC 2007-LDP10). A full list of rating actions follows at the end of this ratings action commentary.
JPM: 63.27 (-0.57)
JPMorgan Chase Set to Possibly Rebound After Yesterday's Selloff of 1.53%
Comtex SmarTrend(R) - Fri Jun 10, 11:58AM CDT
JPMorgan Chase (NYSE:JPM) traded in a range yesterday that spanned from a low of $63.68 to a high of $64.07. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $64.27 on volume of 7.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
JPM: 63.27 (-0.57)
Fitch Rates J.P. Morgan PUTTERs/DRIVERs, Series 5009 Trust
BusinessWire - Fri Jun 10, 11:57AM CDT
Fitch Ratings has assigned the following ratings to the Puttable Tax-Exempt Receipts (PUTTERs), Derivative Inverse Tax-Exempt Receipts (DRIVERs) and Custodial Receipts of the J.P. Morgan PUTTERs/DRIVERs Trust series listed below:
JPM: 63.27 (-0.57)
Atkore International Group Inc. Prices Initial Public Offering of Common Stock
BusinessWire - Thu Jun 09, 5:58PM CDT
Atkore International Group Inc. (the "Company" today announced the pricing of an initial public offering of 12,000,000 shares of common stock by selling stockholder CD&R Allied Holdings, L.P., an affiliate of Clayton, Dubilier & Rice, LLC, at a public offering price of $16.00 per share. The Company will not receive any proceeds from the sale of shares being sold in this offering. The shares are expected to begin trading on the New York Stock Exchange on June 10, 2016 under the ticker symbol ATKR. In connection with the offering, the selling stockholder has granted the underwriters a 30-day option to purchase up to an additional 1,800,000 shares of common stock.
JPM: 63.27 (-0.57), ATKR: 16.25 (+0.25), DB: 15.18 (-0.56)
Morgan Stanley Fined $1M by SEC Over Client Data Breach
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 5:22PM CDT
Morgan Stanley has been fined $1 million by the SEC for not having proper protection in place to safeguard client data.
HD: 127.83 (-1.00), JPM: 63.27 (-0.57), TGT: 66.89 (-0.99), MS: 25.26 (-0.28)
JPMorgan Chase Announces Conference Call To Review Fourth-Quarter And Full-Year 2016 Earnings
BusinessWire - Thu Jun 09, 1:01PM CDT
JPMorgan Chase & Co. (NYSE: JPM) ("JPMorgan Chase" or the "Firm" will host a conference call to review fourth-quarter and full-year 2016 financial results on Friday, January 13, 2017 at 10:00 a.m. (Eastern). The results are scheduled to be released at approximately 6:45 a.m. (Eastern). The live audio webcast and presentation slides will be available on www.jpmorganchase.com under Investor Relations, Events & Presentations.
JPM: 63.27 (-0.57)
JPMorgan Chase Announces Conference Call To Review Third-Quarter 2016 Earnings
BusinessWire - Thu Jun 09, 12:56PM CDT
JPMorgan Chase & Co. (NYSE:JPM) ("JPMorgan Chase" or the "Firm" will host a conference call to review third-quarter financial results on Friday, October 14, 2016 at 8:30 a.m. (Eastern). The results are scheduled to be released at approximately 6:45 a.m. (Eastern). The live audio webcast and presentation slides will be available on www.jpmorganchase.com under Investor Relations, Events & Presentations.
JPM: 63.27 (-0.57)
Banks Gear Up to Fight for Key Position in Saudi Aramco IPO
Ryan McQueeney - Zacks Investment Research - Thu Jun 09, 12:16PM CDT
The race to get a piece of what could very well be the largest IPO in history is heating up as investment banks around the world are beginning to fight for position in the upcoming Saudi Aramco initial public offering.
JPM: 63.27 (-0.57)
JPMorgan Chase Signs Shell to Multi-Year Agreement to Accept Chase Pay
BusinessWire - Thu Jun 09, 8:05AM CDT
Chase announced today that it has signed a multi-year agreement with Shell to accept Chase Pay at its stations across the U.S.
JPM: 63.27 (-0.57)
South Carolina Electric & Gas Company Announces Debt Offering
PR Newswire - Wed Jun 08, 4:24PM CDT
South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation (NYSE: SCG), announced today that it sold, in a negotiated offering, $425 million principal amount of its First Mortgage Bonds, 4.10% Series due June 15, 2046, and $75 million principal amount of its First Mortgage Bonds, 4.50% Series due June 1, 2064, which are a part of a series of bonds having identical terms that SCE&G previously sold in May 2014. The 2046 bonds sold today are initially being offered to the public at 99.794 percent with a yield to maturity of 4.112 percent. The 2064 bonds sold today are initially being offered to the public at 97.843 percent with a yield to maturity of 4.612 percent. BB&T Capital Markets LLC, a division of BB&T Securities, J.P. Morgan Securities LLC, Mitsubishi UFJ Securities (USA), Inc., TD Securities (USA) LLC, UBS Securities LLC, and Wells Fargo Securities, LLC acted as joint book-running managers, and U.S. Bancorp Investments, Inc., Drexel Hamilton, LLC, and FTN Financial Securities Corp. acted as co-managers for the transaction.
JPM: 63.27 (-0.57), SCG: 71.43 (-0.15)
Spark Therapeutics Announces Launch of Public Offering
GlobeNewswire - Mon Jun 13, 3:47PM CDT
Spark Therapeutics, Inc. ("Spark"
(NASDAQ:ONCE) announced today that it has commenced an underwritten public offering of 3,500,000 shares of its common stock pursuant to an automatically effective shelf registration statement that has been filed with the Securities and Exchange Commission. The offering consists of 2,500,000 shares being offered by Spark and 1,000,000 shares being offered by The Children's Hospital of Philadelphia Foundation ("CHOP". In addition, Spark is expected to grant the underwriters of the offering an option for a period of 30 days to purchase up to an additional 525,000 shares at the public offering price, less the underwriting discount. Spark will not receive any proceeds from the sale of shares by CHOP. 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. JPM: 63.27 (-0.57), ONCE: 52.55 (-1.03)
Stock Market News for June 13, 2016
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 9:10AM CDT
Benchmarks ended in the red for the second consecutive day on Friday as concerns regarding “Brexit” raised global growth worries
PXD: 160.68 (+1.13), GS: 148.63 (-1.26), JPM: 63.27 (-0.57), C: 43.16 (-0.74), EOG: 81.39 (-0.17), XOM: 90.59 (+0.61), COP: 43.88 (-0.63), WFC: 47.97 (-0.37), BAC: 13.60 (-0.23), CVX: 102.10 (+0.12), BHI: 45.50 (-0.44)
Donald Trump’s Policy Stance Favors Big Banks Like JP Morgan
Alex Cho - Amigobulls - Mon Jun 13, 3:59AM CDT
Trump’s political process involves repealing the Dodd-Frank Act. On a net basis this is good for banks like JP Morgan and the economy.
JPM: 63.27 (-0.57)
JPMorgan China Region Fund, Inc. Adjournment of Annual Meeting of Stockholders
BusinessWire - Fri Jun 10, 4:25PM CDT
JPMorgan China Region Fund, Inc. ('JFC' or the 'Fund'
announced today that the Fund's Annual Meeting of Stockholders ('Annual Meeting' has been adjourned until July 20, 2016 because a quorum for the conduct of business was not present. The reconvened Annual Meeting will be held on July 20, 2016 at 11:00 a.m. Eastern Time at the offices of J.P. Morgan Asset Management, 270 Park Avenue, New York, NY 10017. The record date for the Annual Meeting remains March 24, 2016. JFC: 15.24 (+0.04), JPM: 63.27 (-0.57)
US stocks give up recent gains as oil prices sink
By MARLEY JAY - AP - Fri Jun 10, 4:19PM CDT
NEW YORK (AP) — U.S. stocks skidded Friday in a wave of selling that wiped out most of the market's gains from earlier this week. A drop in oil prices took energy companies sharply lower. Investors were also troubled by a poll showing Britain may be more likely to leave the European Union.
WLK: 44.89 (-1.51), JPM: 63.27 (-0.57), C: 43.16 (-0.74), COP: 43.88 (-0.63), BAC: 13.60 (-0.23), VZ: 52.57 (-0.10), HRB: 23.75 (-0.48)
Markets Right Now: Stocks tumble as energy companies fall
AP - Fri Jun 10, 3:28PM CDT
NEW YORK (AP) — The latest on developments in global financial markets (all times local):
JPM: 63.27 (-0.57), C: 43.16 (-0.74), COP: 43.88 (-0.63), BAC: 13.60 (-0.23)
Morgan Stanley to Foray into ETF Business
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 3:05PM CDT
Morgan Stanley is planning to enter the ETF business.
GS: 148.63 (-1.26), STT: 59.11 (-0.07), JPM: 63.27 (-0.57), BLK: 344.59 (-2.38), MLPI: 27.29 (-0.40), GEM: 25.44 (-0.42), MS: 25.26 (-0.28)
Fitch Affirms JPMCC 2007-LDP10; Revises Outlook
BusinessWire - Fri Jun 10, 1:05PM CDT
Fitch Ratings has affirmed 26 classes of J.P. Morgan Chase Commercial Mortgage Securities Trust, commercial mortgage pass-through certificates, series 2007-LDP10 (JPMCC 2007-LDP10). A full list of rating actions follows at the end of this ratings action commentary.
JPM: 63.27 (-0.57)
JPMorgan Chase Set to Possibly Rebound After Yesterday's Selloff of 1.53%
Comtex SmarTrend(R) - Fri Jun 10, 11:58AM CDT
JPMorgan Chase (NYSE:JPM) traded in a range yesterday that spanned from a low of $63.68 to a high of $64.07. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $64.27 on volume of 7.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
JPM: 63.27 (-0.57)
Fitch Rates J.P. Morgan PUTTERs/DRIVERs, Series 5009 Trust
BusinessWire - Fri Jun 10, 11:57AM CDT
Fitch Ratings has assigned the following ratings to the Puttable Tax-Exempt Receipts (PUTTERs), Derivative Inverse Tax-Exempt Receipts (DRIVERs) and Custodial Receipts of the J.P. Morgan PUTTERs/DRIVERs Trust series listed below:
JPM: 63.27 (-0.57)
Atkore International Group Inc. Prices Initial Public Offering of Common Stock
BusinessWire - Thu Jun 09, 5:58PM CDT
Atkore International Group Inc. (the "Company"
today announced the pricing of an initial public offering of 12,000,000 shares of common stock by selling stockholder CD&R Allied Holdings, L.P., an affiliate of Clayton, Dubilier & Rice, LLC, at a public offering price of $16.00 per share. The Company will not receive any proceeds from the sale of shares being sold in this offering. The shares are expected to begin trading on the New York Stock Exchange on June 10, 2016 under the ticker symbol ATKR. In connection with the offering, the selling stockholder has granted the underwriters a 30-day option to purchase up to an additional 1,800,000 shares of common stock. JPM: 63.27 (-0.57), ATKR: 16.25 (+0.25), DB: 15.18 (-0.56)
Morgan Stanley Fined $1M by SEC Over Client Data Breach
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 5:22PM CDT
Morgan Stanley has been fined $1 million by the SEC for not having proper protection in place to safeguard client data.
HD: 127.83 (-1.00), JPM: 63.27 (-0.57), TGT: 66.89 (-0.99), MS: 25.26 (-0.28)
JPMorgan Chase Announces Conference Call To Review Fourth-Quarter And Full-Year 2016 Earnings
BusinessWire - Thu Jun 09, 1:01PM CDT
JPMorgan Chase & Co. (NYSE: JPM) ("JPMorgan Chase" or the "Firm"
will host a conference call to review fourth-quarter and full-year 2016 financial results on Friday, January 13, 2017 at 10:00 a.m. (Eastern). The results are scheduled to be released at approximately 6:45 a.m. (Eastern). The live audio webcast and presentation slides will be available on www.jpmorganchase.com under Investor Relations, Events & Presentations. JPM: 63.27 (-0.57)
JPMorgan Chase Announces Conference Call To Review Third-Quarter 2016 Earnings
BusinessWire - Thu Jun 09, 12:56PM CDT
JPMorgan Chase & Co. (NYSE:JPM) ("JPMorgan Chase" or the "Firm"
will host a conference call to review third-quarter financial results on Friday, October 14, 2016 at 8:30 a.m. (Eastern). The results are scheduled to be released at approximately 6:45 a.m. (Eastern). The live audio webcast and presentation slides will be available on www.jpmorganchase.com under Investor Relations, Events & Presentations. JPM: 63.27 (-0.57)
Banks Gear Up to Fight for Key Position in Saudi Aramco IPO
Ryan McQueeney - Zacks Investment Research - Thu Jun 09, 12:16PM CDT
The race to get a piece of what could very well be the largest IPO in history is heating up as investment banks around the world are beginning to fight for position in the upcoming Saudi Aramco initial public offering.
JPM: 63.27 (-0.57)
JPMorgan Chase Signs Shell to Multi-Year Agreement to Accept Chase Pay
BusinessWire - Thu Jun 09, 8:05AM CDT
Chase announced today that it has signed a multi-year agreement with Shell to accept Chase Pay at its stations across the U.S.
JPM: 63.27 (-0.57)
South Carolina Electric & Gas Company Announces Debt Offering
PR Newswire - Wed Jun 08, 4:24PM CDT
South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation (NYSE: SCG), announced today that it sold, in a negotiated offering, $425 million principal amount of its First Mortgage Bonds, 4.10% Series due June 15, 2046, and $75 million principal amount of its First Mortgage Bonds, 4.50% Series due June 1, 2064, which are a part of a series of bonds having identical terms that SCE&G previously sold in May 2014. The 2046 bonds sold today are initially being offered to the public at 99.794 percent with a yield to maturity of 4.112 percent. The 2064 bonds sold today are initially being offered to the public at 97.843 percent with a yield to maturity of 4.612 percent. BB&T Capital Markets LLC, a division of BB&T Securities, J.P. Morgan Securities LLC, Mitsubishi UFJ Securities (USA), Inc., TD Securities (USA) LLC, UBS Securities LLC, and Wells Fargo Securities, LLC acted as joint book-running managers, and U.S. Bancorp Investments, Inc., Drexel Hamilton, LLC, and FTN Financial Securities Corp. acted as co-managers for the transaction.
JPM: 63.27 (-0.57), SCG: 71.43 (-0.15)
