JPMorgan Chase & Company
NYSE: JPM
$207.04
-$3.82 (-1.8%)
Closing Price on October 1, 2024
JPM Articles
The Federal Reserve Board unanimously approved a request by the Federal Reserve Bank of New York to decrease the primary credit rate from 3-1/2 percent to 3-1/4 percent. The Fed also authorized the...
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Most on Wall St. thought it would come to this, but few thought the price would be so low. JP Morgan (NYSE: JPM) will take over Bear Stearns (NYSE: BSC) for $2 a share. A year ago Bear Stearns traded...
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According to The Wall Street Journal, JP Morgan (NYSE: JPM) is close to buying Bear Stearns (NYSE: BSC), just days after providing financial aid, which was backed by the Fed, to the brokerage. The...
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In a previously announced deal China’s CITIC said it planned to invest $1 billion in Bear Stearns (NYSE: BSC). It has had a day to think that over after Bear nearly went under and was saved by...
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The Bear Stearns Companies Inc. (NYSE: BSC) announced that will host a conference call today at 12:30 P.M. EST. The stock is now down more than $23.00 to under $34.00 and shares actually traded...
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Bear Stearns Co. (NYSE: BSC) is getting a temporary reprieve this morning. JPMorgan Chase (NYSE: JPM) and the New York Fed have provided liquidity financing for 28 days to the struggling brokerage...
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AIG (NYSE: AIG) is asking regulators to change the way that assets are marked to market at financial companies. This system has caused tens of billions of dollars to be written off by banks,...
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According to Reuters, regulators unveiled a plan to toughen rules for mortgage brokers. Reuters writes that Yahoo! (YHOO) and Microsoft (MSFT) have begiin informal discussion about the buy-out....
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According to Reuters, Paulson will try to tighten rules at the state and federal levels to tighten mortgage standards. Reuters writes that Carlyle Capital was unable to reach a deal with it lenders,...
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JPMorgan (NYSE: JPM) has lowered its U.S. economic targets for 2008. The firm lowered US GDP growth outlook to +0.9% from a prior +2.1%. This call implies that JP Morgan now sees its S&P 500...
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Thornburg Mortgage (NYSE: TMA) Fear of Chapter 11. Falls to $1.26 from 52-wek high of $28.40. CIT Group (NYSE: CIT) Lehman Brothers cuts price target. Drops to $15 from 52-week high of $61.47. iStar...
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A number of the large financial stocks took news of a write-down at UBS (NYSE: UBS), debt problems at Merrill Lynch (NYSE: MER), and downgrades of Thornburg (NYSE: TMA) hard. Hitting 52-week lows...
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Goldman Sachs has made some key downgrades in the financial sector today. The firm has cut both Fannie Mae (NYSE: FNM) and Freddie mac (NYSE: FRE) from an already "neutral" rating, with implied...
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A lot of smaller companies will continue to report earnings over the next several weeks, but almost all of the really big companies which are on calendar fiscals have put out their fourth quarter and...
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Wikipedia listing "No Exit", a 1944 play by Jean-Paul Sartre, (see also–Delphi’s Chapter 11 problem.) On the way to getting out of Chapter 11, auto parts company Delphi ran into the credit...
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