5:59am ET
Economy
Delphi: No Exit
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…
Companies
/Financial Services
JPMorgan Chase & Company
$342.91
▲ $4.35 (+1.28%) today
Markets closed · 5:51pm ET
JPM Coverage
Page 14612:05pm ET
Investing
LBO Debt May Be Written Down 10%: Merrill Lynch (MER) And Goldman Sachs (GS) At Risk
Bank of America has release a study showing the levels of LBO write-downs that large banks and brokerages may have to take. The figures are based on a "the current series of…
5:34am ET
Technology
Cisco (CSCO) And EDS (EDS) Take Big Tech Down
Cisco (NASD: CSCO) and EDS (NYSE: EDS) have businesses which point different directions on a compass. But, it is the same compass. In one day, Cisco was able to show that large…
1:18pm ET
Banking, finance, and taxes
Potential S&P Downgrades Of MBIA (MBI) and Ambac (ABK) Hammer Bank Stocks
Citigroup (NYSE: C) is trading off over 5% today. Wachovia (NYSE: WB) and JP Morgan (NYSE: JPM) are down over 3%. Is it any wonder? S&P today said that its potential downgrade…
4:49pm ET
Banking, finance, and taxes
Financial Stock Prices: A Bridge Too Far (WFC)(WB)(JPM)(CFC)(C)
As if some miracle had saved the financial system and averted a recession, shares in bank and brokerage companies moved irrationally higher last week. A case in point, Wells Fargo (WFC) moved…
10:49am ET
Investing
The Large US Companies That May Disappear In 2008
Firestone. American Motors. Texaco. Pan Am. Worldcom. At one point or another these large American companies were at the top of their industries. Pan Am was the leading global airline for decades.…
6:18am ET
Economy
No Market For Old Men (C)(JPM)(AXP)
People still take about how Hannibal crossed the Alps to attack the Romans in 218 BC. Years from now they will probably do the same about the big 600 point turnaround on…
6:04am ET
Investing
New US Rules For Sovereing Funds
Senior officials of the US Treasury Department are sneaking around Davos trying to get the managers of big sovereign funds from Asia and the Middle East to sign a code of conduct. …
9:00am ET
Investing
A 1,000 Point Drop On The Dow? (C)(BAC)(AXP)(AAPL)
Tuesday could bring a 1,000 point drop on the Dow, especially if markets in Asia and Europe repeat their Monday performances tomorrow. China’s big Hang Seng index fell 5.5% to 23,818. The…
7:09am ET
Investing
Top 10 Pre-Market Analyst Calls (ADBE, BIIB, DAI, DCGN, EBAY, HOG, JPM, WFC, MFE, MPEL, TIBX)
These are not at all the only key impact analyst calls, but these are the early bird calls that 247WallSt.com is focusing on: Adobe (NASDAQ: ADBE) downgraded to Neutral from Buy at…
3:00am ET
Media
Media Digest 1/17/2008 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, SAP (SAP) sees no global slowdown in its results. Reuters reports that Dell (DELL) may be growing again according to IDC numbers. Reuters writes that Delta (DAL) and Northwest…
7:21am ET
Banking, finance, and taxes
JPMorgan Chase EPS, Fuel For Bulls & Bears Alike (JPM)
JPMorgan Chase (NYSE: JPM) posted earnings of $3 Billion in net income with a generation of $0.86 EPS vs $0.92 estimates. Revenues were $18.275 Billion on a consolidated basis, while First Call…
Douglas A. McIntyre 6:10am ET
Investing
Some Stocks May Not See 52-Week Highs Again For Years (CSCO)(JPM)(AAPL)(T)
Consider the stocks which hit 52-week highs in 2007 and may not be back to those levels of years. JP Morgan (JPM) hit $53.25 and now trades at just above $39. It…
8:23pm ET
Banking, finance, and taxes
JPMorgan Can Learn Lessons From American Express & Citigroup (JPM, AXP, C)
JPMorgan Chase (NYSE: JPM) reports earnings on Wednesday morning. Wall Street analysts are apparently looking for $0.93 EPS on revenues of $17 Billion according to First Call, although in this current environment…
5:37am ET
Banking, finance, and taxes
The Write-Down Guessing Game
CNBC reported that Citigroup (C) could have a $24 billion write-off. The source for that report is not clear. Last week, Goldman Sachs said Citi might have to take a charge of…