12:17pm ET
Investing
America’s Worst Boards
At a time when corporate malfeasance is high on the public radar, it is important to understand corporate structure and how the checks and balances within a public company operate. GMI, a…
Companies
/Financial Services
JPMorgan Chase & Company
$357.62
â–² $3.40 (+0.96%) today
Markets closed · 5:01pm ET
JPM Coverage
Page 87
8:37am ET
Banking, finance, and taxes
Citi Earnings Report Acts as Secondary Bank Boost
So far, Citigroup, Inc. (NYSE: C) is getting a favorable reaction to its second-quarter earnings report. The international banking giant’s earnings came in ahead of Wall St. consensus targets from Thomson Reuters,…
6:06am ET
Media
Media Digest (7/16/2012) Reuters, WSJ, NYT, FT, Bloomberg
GlaxoSmithKline (NYSE: GSK) will take over Human Genome Sciences (NASDAQ: HGSI)Â for $2.8 billion. (Reuters) A poll from the National Association for Business Economics shows few companies plan to hire new workers. (Reuters)…
4:08pm ET
Investing
24/7 Wall St. Closing Bell — July 13, 2012: Market Jumps on Financials, Hopes for China
The three major US stock indexes opened higher this morning following the release of Chinese GDP and other data. The Middle Kingdom’s GDP grew at a rate of 7.6% in the second…
8:24am ET
Banking, finance, and taxes
Wells Fargo Earnings Report Proves ‘Safest Bank in America’ Status
Wells Fargo & Co. (NYSE: WFC) has managed to beat earnings but it is obviously going to be in second place after J.P. Morgan Chase & Co. (NYSE: JPM). The bank still…
7:42am ET
Banking, finance, and taxes
The Worst Appears To Be Over At J.P. Morgan, Jamie Dimon’s Recovery
Jamie Dimon appears to have escaped the worst if you look through the earnings and trading losses at J.P. Morgan Chase & Co. (NYSE: JPM). While the initial reaction shows that the…
Jon C. Ogg 6:39am ET
Media
Media Digest (7/13/2012) Reuters, WSJ, NYT, FT, Bloomberg
Moody’s cuts Italy’s rating by two notches and indicates the cuts may not be finished. (Reuters) Treasury Secretary Geithner pressed UK regulators on Libor in 2008. (Reuters) A hack of Yahoo!’s (NASDAQ:…
4:06pm ET
Investing
24/7 Wall St. Closing Bell — July 12, 2012: Markets Continue Slide on No Signs of Easing
The three major US stock indexes opened lower this morning following yesterday’s release of the minutes of the June FOMC meeting which did not raise hopes for another round of Fed easing.…
6:31am ET
Investing
JPMorgan Tops Stock Analysts Poll
In the stock picking beauty pageants, JP Morgan (NYSE: JPM) has won a prize. Bloomberg reported: JPMorgan, under Americas equity research head Noelle Grainger, scored the largest number of highly ranked analysts,…
6:26am ET
Investing
What’s Important in the Financial World (7/12/2012)
Groupon (NASDAQ: GRPN) hit an all-time low of $7.72 yesterday. CNBC points out that part of the cause was the online coupon company’s exposure in Europe. The observation may be the first…
6:13am ET
Media
Media Digest (7/12/2012) Reuters, WSJ, NYT, FT, Bloomberg
U.S. foreclosures rise for the second straight month. (Reuters) Twitter’s ad business may have hurt new product development. (Reuters) Peugeot will cut 8,000 jobs. (WSJ) SUPERVALU (NYSE: SVU) puts itself up for…
7:57am ET
Banking, finance, and taxes
Bank Earnings To Be Clouded By Huge Discounts To Book Value (JPM, WFC, BAC, C, GS)
This Friday is going to mark a key earnings day when we get earnings from J.P. Morgan Chase & Co. (NYSE: JPM) and Wells Fargo & Co. (NYSE: WFC). These two earnings…
6:13am ET
Media
Media Digest (7/11/2012) Reuters, WSJ, NY Times, FT
Italy may turn to the eurozone as it weighs options for its debt. (Reuters) AMR, still in Chapter 11, will consider mergers with other airlines, which could include US Airways (NYSE: LCC), JetBlue (NASDAQ:…
10:06am ET
Investing
S&P 500 Chart Ignores Earnings Season Indicator, For Now (AA, JPM, SPY)
Jon OggThe stock market is trying to digest earnings reports from Alcoa Inc. (NYSE: AA) and trying to factor in the coming report from J.P. Morgan Chase & Co. (NYSE: JPM). When…
8:52am ET
Banking, finance, and taxes
Barclays CEO Gives Up $31 Million on His Way Out the Door
The now-former CEO of Barclays plc (NYSE: BCS), Robert Diamond, has given up his claim on $31 million in stock bonuses after being forced to resign following the scandal over the bank’s…