Jpmorgan chase Stories
Dell?s Plan To Combat Oracle Stymied In Quest Software Saga
Dell (Nasdaq: DELL), the No. 3 PC maker, seeking to battle Oracle (Nasdaq: ORCL), the No. 1 database developer, may have been stymied in its efforts to acquire Quest Software (Nasdaq: QFST).
'World's Largest Real Estate Bubble' Has China Worried
China's attempt to manage inflation in the real estate market is putting pressure on local governments and pushing homebuyers overseas.
Imagining U.S. Housing Without Fannie Mae And Freddie Mac
The dissolution of Fannie Mae and Freddie Mac, the two largest U.S. mortgage guarantors, would have only a minimal impact on home ownership level, according to a new report that downplays the link between low interest rates and increased ownership.
Technology Focus: Wielding The Cash Weapon
Are U.S. technology companies fast-growing enterprises or are they banks? In a time when banks are enduring federal ?stress tests? of their ability to withstand a crisis, the tech sector seems to be rolling in money.
RIM Founders Got $12 Million Farewell Gifts
BlackBerry developer Research in Motion made payments of $12 million to its founding co-CEOs after they quit earlier this year, the company told the U.S. Securities and Exchange Commission.
Pre-Market Movers (Royal Bank of Scotland, Nokia, Facebook, Navistar, JPMorgan Chase, Alcoa, GlaxoSmithKline)
Royal Bank of Scotland Group, Nokia Corp, Navistar International, Sohu.com, Facebook, JPMorgan Chase, Alcoa and GlaxoSmithKline are among the companies whose shares are moving in pre-market trading Friday.
Dimon Says JPMorgan's Actions 'Violated Common Sense'
JPMorgan Chase & Co (NYSE:JPM) Chairman Jamie Dimon floated unscathed through a hearing of the Senate Banking Committee meant to examine what happened inside his banking behemoth earlier in the year, when a massive bet on the credit-default swaps derivatives market reportedly meant to 'hedge' other bank risks went sour, resulting in multibillionaire losses.
JPMorgan's Dimon: Good Intentions Behind Bad Trades
JPMorgan Chase & Co Chief Executive Jamie Dimon defended the intent of the portfolio behind the bank's recent multibillion-dollar trading loss, telling lawmakers it was a genuine hedge that would make the firm a lot of money if a credit crisis hit.
Jamie Dimon Testimony: JPMorgan Chase CEO Heckled At Hearing With Lawmakers
Protestors were present on Wednesday, June 13, when JPMorgan Chase chief executive Jamie Dimon testified on Capitol Hill in Washington. The activists reportedly heckled Dimon as the head of the largest bank in the U.S arrived to take his seat at a Senate Banking Committee hearing.
Romney Trouncing Obama In Wall Street Money, But President May Come Back
The vast majority of donations from members of the financial industry have so far flowed to Mitt Romney, according to an analysis by POLITICO.
Facebook?s IPO Class Action Suits Echo Dot Com Era, But Investors Shouldn't Count Their Winnings Just Yet
Within a week of Facebook Inc.'s (Nasdaq: FB) $16 billion initial public offering, at least six lawsuits were filed against its top officials, including CEO Mark Zuckerberg, as well as six investment banks involved in the deal. That in itself is not surprising, considering the IPO flopped. What would be surprising is if the shareholders actually get anything near what they feel they deserve.
Italian Banks Primed To Blow Up
Italian banks appear close to joining Spanish banks as the euro zone's latest contribution to the financial world's endangered species list.
Pre-Market Movers (Ancestry.com, JPMorgan, Shuffle Master, Facebook, Logitech, Diageo, Mitcham Industries)
Among the companies whose shares are moving in pre-market trading Wednesday are: Ancestry.com, Telefonica, JPMorgan Chase, Shuffle Master, Logitech International, Diageo, Facebook and Mitcham Industries.
RIM's New Woes Seen Speeding Loss of BlackBerry Users
Research In Motion's appointment of bankers to advise on drastic options, including an outright sale of the BlackBerry maker, may only hasten moves by major customers to offer their employees smartphones produced by rivals.
CFTC Probing JPMorgan Emails: WSJ
The U.S. Commodity Futures Trading Commission has issued subpoenas to JPMorgan Chase & Co. to determine whether fraud was committed in connection with the bank's multibillion-dollar proprietary-trading fiasco, the Wall Street Journal reported Friday.
Pre-Market Movers (Coca-Cola, Bank of America, Dean Foods, General Electric, Citigroup, JPMorgan Chase and Facebook)
The companies whose shares are moving in pre-market trading Friday are: Coca-Cola Co., Bank of America Corp., Dean Foods Co., General Electric Co., Citigroup Inc., JPMorgan Chase & Co. and Facebook Inc.
Paradigm Shift: As RIM, Nokia Plunge Could Windows 8 Be Too Late To Save Them?
Shares of smartphone manufacturers Research in Motion (Nasdaq: RIMM) and Nokia (NYS: NOK) swooned this week on fears of mounting losses and dwindling share.
J.P. Morgan Reported Overhauling Unit With $2B Loss
J.P. Morgan Chase & Co is spinning off the special investments group from its scandal-plagued chief investment office in a bid to overhaul the division that cost the bank more than $2 billion in trading losses this month, the Financial Times reported.
RIM Activist Investor: Split Company In Half For Sale
Two months ago, Toronto activist investor Victor Alboini, whose Jaguar Financial had acquired a stake just below 5 percent in Research in Motion (Nasdaq: RIMM), said the company won?t be around in its current shape in two years. Now it's for sale.
French, Germany Consumer Confidence Holding Up -- A Dangerous Sign of Euro Zone Crisis Fatigue?
French and German consumer confidence showed unexpected strength, reports showed Friday. While the market is cheering about the good news, some economists view this as a warning sign of a euro zone crisis fatigue - something that is as dangerous, if not more so than the crisis itself.
Facebook Shares Drop Again On New Probes Despite Morgan Stanley Investor Pledges
Shares of Facebook (Nasdaq: FB), the No. 1 social network, fell 3.4 percent again Friday, a week after their disastrous debut in their initial public offering.
Are Record-Low Mortgage Rates Hurting The US Housing Market?
U.S. mortgages rates have dropped to record lows for four consecutive weeks, but that doesn't mean more homes will be sold. In fact, at least one housing expert argues that extremely low rates are causing banks to be even more stringent with underwriting approvals, turning away more prospective buyers and hurting the national housing market.
Facebook's Shares Recover, But IPO Wounds Fester
Shares of Facebook (Nasdaq: FB), the No. 1 social network, rose $1.03 to close at $33.03 on Thursday. A week ago, they were priced at $38 for the IPO.
How Much Did Facebook?s Bankers Rake In For The Mega-IPO?
Facebook (Nasdaq: FB), the No. 1 social network, didn?t just set records for enriching inside investors like CEO Mark Zuckerberg, COO Sheryl Sandberg, Accel Partners and Digital Sky Technologies. Underwriters fared very well.
How?s Facebook Faring On Thursday?
Shares of Facebook (Nasdaq: FB), the No. 1 social network, are up six cents to $32.06 in late morning trading on Thursday.
JPMorgan Losses Give Boost To US Sen. Sanders' Bank Bill
The recent multibillion-dollar trading loss suffered by JPMorgan Chase & Co. (NYSE: JPM), the country's largest bank by assets, has strengthened the case against letting bank executives serve as directors of Federal Reserve regional banks and thus regulating themselves, policy makers say.
Facebook Shares Rise 3% Despite Subpoenas, Lawsuit, Complaints About IPO
Shares of Facebook (Nasdaq: FB), the No. 1 social network, rose nearly 5 percent Wednesday despite continuing fallout from its May 17 initial public offering.
European Stocks Boosted By Positive Outlook: Daily Markets Wrap
Comments regarding a rebound in the Chinese economy from the Organization for Economic Cooperation and Development lifted stocks earlier Tuesday and kept Asian and European bourses in the green. The comments came after Chinese Prime Minister Wen Jiabao said last weekend his government would focus more on growth than inflation.
Facebook Shares Recover After 9% Plunge But Fall Again
Shares of Facebook (Nasdaq: FB), the No. 1 social network, kept falling Tuesday, three business days after its $16,7 billion initial public offering.
JPMorgan Cancels Share Buybacks Amid Regulator Heat
JPMorgan Chase & Co. (NYSE: JPM) suspended its share-buyback program on Monday, a move CEO Jamie Dimon said was intended to preserve capital.


