JPMorgan Chase & Company
NYSE: JPM
$244.25
-$0.78 (-0.3%)
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JPM Articles
Against a back-drop of several Wall St. analysts saying the credit crisis will damage bank earnings into 2009, Lehman Bros. (LEH) will cut 5% of its work force, according to Reuters. The brokerage...
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Target Corporation (NYSE:TGT) has reported its Q1 net income of $602 million, down from $651million in the same quarter in 2007. It saw a 1.4% drop in earnings per share to $0.74 EPS on store sales...
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What is for sale on Wall St.? It depends on who one wants to believe. Some rumors are false and may be planted for nefarious reasons. Others are true, but their truth is not known yet. According to...
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According to Rueters, Microsoft (MSFT) has proposed a partnership with Yahoo! (YHOO), in place of a buy-out, which may push Carl Icahn to try to get a deal for Yahoo! to set up a joint venture with...
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JP Morgan (JPM) will start to trade oil by the end of this year, and that is not just futures. According to Reuters "We will start trading in physical oil and refined products by the end of this...
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According to Reuters, UBS (UBS) will cut 5,500 jobs. The company is also selling $15 billion in subprime mortgage paper to Blackrock. Reuters writes that Bernanke says that high foreclosure rates are...
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In what could be a brilliant move if the recession and drop in retail sales worsen, Target (TGT) has agreed tot sell $3.6 billion of its credit card loan portfolio to JP Morgan (JPM). According to...
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Why hold back feelings? Vincent Reinhart, former head of monetary affairs at the Federal Reserve called the deal to save Bear Strearns (BCS) by backing a sale to JP Morgan (JPM) was "the worst policy...
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When we saw the Mars acquisition of William Wrigley Jr. Co. (NYSE: WWY) in perhaps the largest food merger, the first thing that came to mind besides "what a premium" was "What does this do for the...
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Wall St. wanted some sign that the the recession might not be pulling the economy under for the next four or five quarters. Some investors still have hopes that the downturn will not be deep and...
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Once a year, Barron’s publishes its "The Top 100 Financial Advisers List." Much of the research for the article is done by an outfit known as "Winner’s Circle", based in Boca Raton. Most of the...
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It is not uncommon during a serious recession for the shares of many public companies to drop. 24/7 Wall St. has assumed, for the purpose of finding stocks which could rise sharply, that the current...
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VeriFone Holdings, Inc. (NYSE: PAY) made an SEC filing showing that its wholly owned subsidiary, VeriFone, Inc., has scheduled a meeting with the lenders party to its Credit Agreement that was dated...
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For reasons that will escape even the most rigorous analysis, JP Morgan (NYSE: JPM) has elected to raise $6 billion through the sales of preferred shares. In the last quarter, the big bank had...
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According to Reuters, the head of Samsung has been indicted for tax evasion. Reuters writes Ebay (EBAY) profits rose 22%, but the company was cautious about the rest of the year. Reuters reports that...
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