JPMorgan Chase & Company
NYSE: JPM
$210.79
+$0.29 (+0.1%)
Closing Price on September 30, 2024
JPM Articles
Stock research firm FBR has had trouble with its analysis about the banking industry before. It recently wrote that the US banking system needs at minimum $1 trillion in new tangible common equity....
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Short sellers are not longer willing to gamble on a collapse in the share prices of America’s largest financial firms. Perhaps they think that the issue of nationalization has largely disappeared,...
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It seems that when Congress is not in session that there is at least some peace, some tranquility, and some notion of what the rules of the great financial game for tomorrow will be. But now that...
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The demands for the head of Citigroup (C) CEO Vikram Pandit have not ended and may rise to a crescendo again if the bank receives poor “stress test” ratings from the federal government. The...
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There are not so many brokerage calls this morning for it being earnings season, but these are the top 10 analyst calls of upgrades and downgrades from Wall Street we have seen early this Friday...
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JPMorgan Chase & Co. (NYSE: JPM) rose about 7% yesterday ahead of this morning’s earnings announcement along with other major financial stocks, and now we know why. Jamie Dimon and friends at...
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According to Reuters, Obama vowed to overhaul the tax code. Reuters reports that GM (GM) is working on a plan to cut dealers at an accelerated pace. Reuters writes that China’s first quarter growth...
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According to Reuters, Goldman Sachs (GS) would like to return to its old businesses and compensation practices, but it may not be able to. Reuters reports that the US is planning to reveal the...
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The market capitalization of some big banks has doubled in a month. All of them will have “stress test” results from the government within a few weeks. Those that get fairly high marks will have...
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Short sellers were figuring that after the bank rally late last month, banks shares were likely to give back some gains. That was working until Wells Fargo (WFC) reported that it would have a good...
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Wells Fargo & Co. (NYSE: WFC) is going to be taking the bank stocks significantly higher, particularly the Direxion Financial Bull 3X Shares (NYSE: FAS). The company is releasing earnings on...
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Maybe the market’s perception that bank stocks are out of the woods is premature. Many of the stocks in the sector have more than doubled from their early March lows. According to CNBC, “Michael...
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The rights offering made by HSBC (HBC) raised over $18 billion and the participation rate was over 96%. That should give banks which may need to raise capital in the near future some hope that...
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A lot of people and members of Congress are upset that banks that took TARP money may buy toxic assets from other banks. There does not seem to be any problem with the arrangement. The banks which...
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The Financial Accounting Standards Board, or FASB, has voted to loosen its rules for the (now dreaded) balance sheet act of mark-to-market valuation for accounting. Many will argue that this is...
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