International Business News - JPMorgan http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Moody's Investors Services said Friday there are no ratings implications for JPMorgan Chase & Co. after the bank posted a 53 percent drop in second-quarter profit, results that beat Wall Street's expectations. http://www.ibtimes.com/articles/20080718/moodys-leaves-jpmorgan-ratings-unchanged-after-2q.htm Fri, 18 Jul 2008 12:38:01 EDT LOAN LAMENTS: JPMorgan Chase & Co.'s profit during the second quarter was down 53 percent from a year ago. The bank took a huge hit due to defaulting mortgages, credit cards and other loans. http://www.ibtimes.com/articles/20080717/summary-box-jpmorgan-earns-fall-but-beat-forecast.htm Thu, 17 Jul 2008 17:01:53 EDT Among the earnings projection stories for Thursday, July 17, from AP Financial News: NEW YORK (AP)--Despite reporting better-than-expected results for the second quarter, JPMorgan Chase & Co. said Thursday that it expects continued deterioration in its home equity, subprime and prime mortgage portfolios through the remainder of the year. http://www.ibtimes.com/articles/20080717/outlook-roundup-jpmorgan-meridian-bioscience.htm Thu, 17 Jul 2008 14:28:02 EDT Despite reporting better-than-expected results for the second quarter, JPMorgan Chase & Co. said Thursday that it expects continued deterioration in its home equity, subprime and prime mortgage portfolios through the remainder of the year. http://www.ibtimes.com/articles/20080717/jpmorgan-expects-more-mortgage-related-losses.htm Thu, 17 Jul 2008 13:52:39 EDT The banking sector looked a little brighter for a second straight day Thursday after JPMorgan Chase & Co. reported better-than-expected results despite a spike in mortgage and other loan defaults. http://www.ibtimes.com/data/articleimgs/92943-jpmorgan-chase.jpg http://www.ibtimes.com/articles/20080717/jpmorgan-chase-profit-falls-pct-loan-losses.htm http://www.ibtimes.com/articles/20080717/jpmorgan-chase-profit-falls-pct-loan-losses.htm Thu, 17 Jul 2008 17:36:45 EDT While financial turmoil in the U.S. credit market has eased, conditions could get "far worse," the chief executive of JPMorgan Chase & Co. said Tuesday. http://www.ibtimes.com/articles/20080708/jpmorgan-ceo-says-credit-conditions-may-get-worse.htm Tue, 08 Jul 2008 15:41:46 EDT JPMorgan Chase & Co. said Monday it is guaranteeing all of Bear Stearns Cos. preferred stock and debt, as it prepares to take over the company's broker-dealer subsidiary July 15. http://www.ibtimes.com/articles/20080630/jpmorgan-guarantees-all-bear-preferred-stock-debt.htm Mon, 30 Jun 2008 12:08:24 EDT Cheniere Energy Inc., a developer of liquid natural gas-receiving terminals, said Friday that it entered into a domestic marketing agreement for the sale of liquefied natural gas with a subsidiary of JPMorgan Chase & Co. http://www.ibtimes.com/articles/20080627/cheniere-reaches-marketing-agreement-with-jpmorgan.htm Fri, 27 Jun 2008 10:54:13 EDT Investment bank JPMorgan plans to move into a new office on Boston's waterfront and add more than 300 jobs. Tuesday's announcement came about a month after Mayor Thomas Menino proposed extending tax incentives to JPMorgan. A spokeswoman for New York-based JPMorgan Chase and Co. says the company has applied for the incentives. http://www.ibtimes.com/articles/20080603/jpmorgan-to-expand-in-boston-add-over-300-jobs.htm Tue, 03 Jun 2008 12:51:16 EDT JPMorgan Chase & Co. has closed its acquisition of Bear Stearns Cos., as planned. JPMorgan said Saturday it completed the purchase on Friday, a day after Bear Stearns shareholders approved the deal with 84 percent voting "yes." http://www.ibtimes.com/articles/20080602/jpmorgan-completes-buy-of-bear-stearns-as-planned.htm Mon, 02 Jun 2008 17:12:45 EDT Bear Stearn's Cos. shareholders on Thursday gave their approval to sell the investment bank to rival JPMorgan Chase & Co. for about $2.2 billion. http://www.ibtimes.com/data/articleimgs/57552-bear-stearns.jpg http://www.ibtimes.com/articles/20080529/bear-stearns-jpmorgan-buyout-vote.htm http://www.ibtimes.com/articles/20080529/bear-stearns-jpmorgan-buyout-vote.htm Thu, 29 May 2008 11:23:26 EDT JPMorgan Chase and payment processor First Data Corp. said Tuesday they will end their payments and merchant acquisition joint venture, Chase Paymentech Solutions, by the end of the year and bring operations in-house. http://www.ibtimes.com/articles/20080527/jpmorgan-chase-first-data-to-end-joint-venture.htm Tue, 27 May 2008 09:42:51 EDT A Goldman Sachs analyst expects smaller profit and less revenue for JPMorgan Chase over the next two years due to continuing mortgage losses and a smaller gain from its buyout of Bear Stearns. http://www.ibtimes.com/articles/20080527/ahead-the-bell-jpmorgan-chase.htm Tue, 27 May 2008 08:58:00 EDT JPMorgan Chase & Co. said Tuesday its board declared a regular quarterly dividend of 38 cents. The financial services company said the dividend is payable July 31 to shareholders of record July 3. http://www.ibtimes.com/articles/20080521/jpmorgan-chase-sets-quarterly-dividend-of-38-cents.htm Wed, 21 May 2008 12:52:34 EDT JPMorgan Chase & Co.'s chief executive confirmed Tuesday that the bank will be keeping nearly half of the employees at Bear Stearns Cos., the struggling investment bank that JPMorgan agreed to buy in March. http://www.ibtimes.com/articles/20080520/jpmorgan-to-retain-45-percent-of-bear-employees.htm Tue, 20 May 2008 11:05:39 EDT JPMorgan Chase & Co. says the Securities and Exchange Commission may bring civil charges against the bank related to the bidding of instruments tied to municipal bonds. http://www.ibtimes.com/articles/20080513/sec-notifies-jpmorgan-of-possible-charges.htm Tue, 13 May 2008 10:35:46 EDT JPMorgan Chase & Co.'s chief executive said Monday that while the crisis in the credit markets appears to be three-quarters over, he believes a U.S. recession is just beginning. http://www.ibtimes.com/articles/20080512/jpmorgan-chase-ceo-recession-is-just-beginning.htm Mon, 12 May 2008 14:30:40 EDT The Bear Stearns Cos. shareholders suing JPMorgan Chase & Co. over its planned takeover of the investment bank have withdrawn their request for an injunction to stop JPMorgan from voting its Bear shares in favor of the deal, JPMorgan confirmed in a regulatory filing Wednesday. http://www.ibtimes.com/articles/20080507/bear-holders-withdraw-injunction-request-in-jpmorgan-suit.htm Wed, 07 May 2008 14:52:09 EDT JPMorgan Chase & Co. has bought an additional 200,000 Bear Stearns Cos. shares, increasing its stake in the investment bank to 49.9 percent, according to a filing with the Securities and Exchange Com... http://www.ibtimes.com/articles/20080417/jpmorgan-buys-additional-bear-stearns-shares-in-open-market.htm Thu, 17 Apr 2008 17:57:12 EDT Among the earnings stories for Wednesday, April 16, from AP Financial News: NEW YORK (AP) JPMorgan Chase & Co., which recently scooped up the toppling investment bank Bear Stearns Cos., said Wednesd... http://www.ibtimes.com/articles/20080416/earnings-roundup-jpmorgan-kinder-morgan-energy.htm Wed, 16 Apr 2008 18:40:03 EDT