ThinkstockJ.P. Morgan Management Downgrade J.P. Morgan Chase & Co. (NYSE: JPM) suffered another blow to its reputation, as a government agency downgraded its rating of the financial firm’s management. What that means…
Douglas A. McIntyre ThinkstockThe Office of the Comptroller of the Currency lowers its rating of J.P. Morgan Chase & Co. (NYSE: JPM) management. (Reuters) Fannie Mae and Freddie Mac expect to pay back taxpayer money…
Wikimedia CommonsJ.P. Morgan Chase & Co. (NYSE: JPM) was a bank we already knew was effectively denied permission to raise its dividend. If you have tracked the stress tests and the return…
Jon C. Ogg ThinkstockJ.P. Morgan Chase & Co. (NYSE: JPM) and many other banks change risk models to cover Basel III requirements. (Reuters) Boeing Co. (NYSE: BA) will measure its batteries by a high standard that…
Frank Golhen, via Wikimedia CommonsThe stock market has come a long way since the dark days of March 2009. The Dow Jones Industrial Average has been up 10 days in a row.…
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseThe annual stress tests on the biggest U.S. banks produced a few surprises when the results were announced last night. The capital plans…
ThinkstockThere has been a bruising battle over how much America’s largest corporations should pay in taxes, especially as the size of the federal budget deficit grows. While on paper the federal corporate…
Wikimedia CommonsA Senate subcommittee has produced a 300 or so page document that says that J.P. Morgan Chase & Co. (NYSE: JPM) manipulated information about huge losses in its London trading operations…
Douglas A. McIntyre courtesy of AOL, IncBoeing Co. (NYSE: BA) says its 787 could be back in commercial service within a few weeks. (Reuters) Samsung introduces its Galaxy S4 to compete with the Apple Inc.…
Courtesy Herbalife Ltd.William Ackman and Pershing Square Capital Management have released another presentation backing Ackman’s claim that Herbalife Ltd. (NYSE: HLF) is indeed a pyramid scheme. This time Ackman compares Herbalife to…
J.P. Morgan Chase & Co. (NYSE: JPM) has raised its target for first quarter GDP growth to 2.3%. The move should have been expected, and will almost certainly be followed by other…
Douglas A. McIntyre Wikimedia CommonsPresident Obama soon will meet with corporate leaders to discuss the problem of cyberattacks on companies and governments. His national security adviser, Tom Donilon, recently chided China for its attacks on…
Douglas A. McIntyre ThinkstockThe housing market is clearly improving. According to the National Association of Realtors, existing home sales have risen and distressed mortgages account for a smaller part of those sales. Close to a…
ThinkstockWhen the commodity traders at Goldman Sachs Group Inc. (NYSE: GS) say that commodities may be oversold right now they exclude gold from the rest of the asset class. In the near…
ThinkstockThe Federal Reserve is finally out with its results of the bank stress tests. This is not the formal decision that will allow all the banks to increase their dividends and share…
