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Posts related to ‘JPM’

What’s Important in the Financial World (5/23/2012) China GDP Trouble, Fiat’s New Car

Posted: May 23, 2012 at 6:43 am

The World Bank’s new “East Asia and Pacific Economic Update” forecasts that China’s GDP growth will only be 8.2% in 2012, which is a substantial come down for a nation that ...
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CalSTRS: The Dogs Turn on Walmart

Posted: May 23, 2012 at 6:33 am

The California State Teachers' Retirement System (CalSTRS), by many measures the second largest pension in the United States, has taken the advice of and has joined proxy advisory firms ISS and Glass ...
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Facebook Deathwatch: Who Knew What, and When? (FB, MS, JPM, GS)

Posted: May 22, 2012 at 11:48 am

Facebook Inc. (NASDAQ: FB) shares are ticking back up as we approach noon today. Nearly 56 million shares have traded hands so far this morning, making it today’s second most ...
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Media Digest (5/22/2012) Reuters, WSJ, NY Times, Financial Times

Posted: May 22, 2012 at 6:15 am

Morgan Stanley (NYSE: MS) cuts revenue forecasts for Facebook (NASDAQ: FB) just ahead of its IPO. (Reuters) The U.S. allows China to buy treasuries directly without banker assistance. (Reuters) MF Global ...
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Wells Fargo Becomes Safest Bank In America, Book Values De Damned (JPM, WFC, BAC, C)

Posted: May 21, 2012 at 3:23 pm

Wells Fargo & Company (NYSE: WFC) has replaced J.P. Morgan Chase & Co. (NYSE: JPM) as the safest bank in America.  This did not happen overnight and it is not ...
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JPMorgan to Suspend $15 Billion Share Buyback Program

Posted: May 21, 2012 at 10:30 am

Jamie Dimon, CEO of JPMorgan Chase & Co. (NYSE: JPM) told an investor’s conference this morning that the bank would suspend its share buyback program as the company pays down ...
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Media Digest (5/21/2012) Reuters, WSJ, Financial Times

Posted: May 21, 2012 at 6:31 am

Alibaba buys back a 20% share held by Yahoo! (NASDAQ: YHOO) for a combination of cash and preferred shares worth $7.1 billion. (Reuters) The heads of Samsung and Apple (NASDAQ: AAPL) ...
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Jamie Dimon’s Useless Congressional Appearance

Posted: May 18, 2012 at 6:25 am

The Senate Banking Committee soon will examine and cross-examine JP Morgan (NYSE: JPM) CEO Jamie Dimon. It will be a chance for politicians to say how irresponsible large financial firms are, how they ...
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Media Digest (5/18/2012) Reuters, WSJ, NYT, FT, Bloomberg

Posted: May 18, 2012 at 6:24 am

G8 leaders will seek solutions to the EU crisis. (Reuters) The Facebook IPO, priced at $38, will raise $16 billion. (Reuters) A new poll shows Greeks favor pro-bailout leaders who ...
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Media Digest (5/17/2012) Reuters, WSJ, NYT, FT

Posted: May 17, 2012 at 6:24 am

The European Central Bank no longer offers help to Greek banks it believes are insolvent. (Reuters) Some brokerage firms stop taking orders for Facebook shares. (Reuters) Japan’s gross domestic product ...
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J.P. Morgan Firing The London Whale

Posted: May 16, 2012 at 1:35 pm

J.P. Morgan Chase & Co. (NYSE: JPM) has already sent its long-time Chief Investment Officer named Ina Drew packing after the $2 billion loss that surfaced last week.  The damage ...
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Media Digest (5/16/2012) Reuters, WSJ, NYT, FT, Bloomberg

Posted: May 16, 2012 at 6:28 am

The number of shares Facebook will sell rose 25% and the company could raise as much as $16 billion. (Reuters) Greeks take hundreds of millions of dollars out of banks ...
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24/7 Wall St. Closing Bell — May 15, 2012

Posted: May 15, 2012 at 4:05 pm

Two of the three major US stock indexes opened higher this morning as investors reacted to the news from Greece that no government could be formed and that a second ...
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Can Greek Banks Survive A Euro Exit? Which PIIGS Are Next?

Posted: May 15, 2012 at 4:01 pm

The Europeans need to make a decision soon.  It is time to deal with Greece, then the markets can decide how they will deal with the Greek banking system.  The ...
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What’s Important in the Financial World (5/15/2012) New Apple MacBook

Posted: May 15, 2012 at 8:50 am

Rumors persist, most recently reported by Bloomberg, that Apple (NASDAQ: AAPL) will launch a new super-thin line of laptops. The latest version of the MacBook will be powered by Intel (NASDAQ: INTC) ...
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