From Companies 12:37 pm
A coalition of companies has joined Anglo-Dutch energy giant Royal Dutch Shell in an unprecedented, landmark joint-venture to exploit natural gas resources in Western Canada.
From Companies May 15
The U.S. Justice Department has launched an investigation of a huge trading loss incurred by JPMorgan Chase & Co. (NYSE: JPM), the Wall Street Journal said on Tuesday.
From Companies May 15
The annual shareholder's meeting Tuesday of JPMorgan Chase & Co. (NYSE: JPM), widely expected to feature fiery denunciations of leaders at the nation's biggest bank, could hardly have been quieter or more management-friendly.
From Economy May 15
U.S. business inventories rose in March at a slower pace than economists predicted, even as sales rallied, a datapoint that shows firms have not been as confident as economists and equity investors that the current economic recovery will proceed at a firm pace.
From Economy May 14
Global bank stocks fell Monday as investors panicked that a weekend electoral impasse in Greece might be a prelude to that country to leave the 17-member euro zone.
From Economy May 14
The almighty dollar was the investment of choice Monday morning, as international investors - in a classic flight to safety after various major news breaks last week - piled into greenback-denominated cash and cash equivalents.
From Companies May 11
Fitch Ratings on Friday downgraded JPMorgan Chase & Co. (NYSE: JPM), which just revealed at least $2 billion in losses on questionable trading. The downgrade came on the same day that a U.S. senator called for a Congressional probe of the giant bank and the head of the Securities and Exchange Commission confirmed that her agents are eyeing the money center's hedging activity.
From Companies May 11
JP Morgan Chase and Co. (NYSE: JPM) shocked the markets Thursday by announcing it would be booking mammoth losses in the range of $3 billion this quarter as a result of a hedged bet gone bad. But what exactly was that bet?.
From Companies May 10
Shares of JPMorganChase (NYSE: JPM) plunged 8 percent Friday after disclosing it had lost at least $2 billion in credit default swap trading.
From Economy May 10
Federal Reserve Chairman Ben Bernanke, speaking via teleconference to a Chicago bankers' conference, took an uncharacteristic swipe at community banks on Thursday, suggesting that those institutions might not be as sure-footed as their balance sheets would have them appear.
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32 Key Earnings Reports To Watch This Week, May 7 - 11We value your privacy. Your email address will not be shared.
