JPMorgan Chase & Company
NYSE: JPM
$207.04
-$3.82 (-1.8%)
Closing Price on October 1, 2024
JPM Articles
JP Morgan (NYSE: JPM) revised its $2 offer for Bear Stearns (NYSE: BSC) up to $10. Bear now trades at $11.40. Someone may think that JPM or another entity may come in even higher. The lesson here is...
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There is growing concern about where the Fed will get the hundreds of billions of dollars it will need to bail-out failing banks and brokerages. Most economists point to the tax-payer as the ultimate...
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For reasons that are not entirely clear, JP Morgan (NYSE: JPM) filed detailed information on the valuations of securities held by itself and other banks with a court in Canada. According to the FT...
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Samson has been shorn of his locks and blinded. JP Morgan (NYSE: JPM), it appears, will raise its bid for Bear Stearns (NYSE: BSC) from $2 a share to $10. It is not necessary and it is hard to...
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According to The New York Times, JP Morgan (JPM) is in talks to raise it bid for Bear Stearns (BSC) from $2 to $10. Reuters writes that analysts now see a steep drop in Q1 earnings for S&P 500....
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"The current financial crisis is the most serious since the second world war, and perhaps since the Great Depression."–The London Observer, March 23, 2008 Many investors find it hard to believe...
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The last 5 to 10 trading days have been dominated by Bear Stearns (NYSE: BSC). Whether it was over the counterparties ceasing to accept their credit, whether it was the CEO publicly calling...
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It was the cleanest theft since the Great Brink’s Robbery in 1950. The Fed and JP Morgan (JPM) got the Bear Stearns (BSC) management is a room over the weekend and beat the ownership of the company...
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Tonight we are going to get the highly awaited VISA, Inc. initial public offering. This one has been on the books since November 2007 and we have previously noted that this was going to be one of...
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Citigroup (NYSE:C) will probably looking be looking for merger partners now that its stock is down to under $19 from a 52-week high of $55.55. The first choice would probably be JP Morgan (JPM). It...
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The story is the same every decade or so. Bad economic times cause well-known businesses to fail. They are bought out and merged, and they simply cease to exist as the public and investors knew them...
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Billionaire Joe Lewis invested in Bear Stearns (NYSE BSC), buying as much as 10% of the brokerage firm. Now, he may be out over $1 billion. On Sunday, the Times wrote that Lewis has lost about $800...
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Just a few months ago, sovereign funds could not get enough stock and debt in financial firms like Citigroup (NYSE: C) and Merrill Lynch (NYSE: MER). When the time came to bail-out Bear Stearns...
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According to Reuters, the Fed is opening up its own balance sheet to poisonous securities it may get from banks in exchange for cash. Reuters writes that JP Morgan (JPM) bought Bear Stearns (BSC) for...
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The news that Bear Stearns (NYSE: BSC) was sold to JP Morgan (NYSE: JPM) and that the Fed would increase liquidity for primary dealers was too much for the Japanese market to bear. It sold off 3.4%...
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