INVESTMENT

JPMorgan loan losses overshadow higher profit

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JPMorgan Chase & Co reported deep losses on mortgage and credit card loans in the fourth quarter, dashing hopes that consumer credit is on the mend and sending the bank's shares down 2.1 percent.
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JPMorgan profit soars on investment banking

JPMorgan Chase & Co reported better-than-expected fourth-quarter profit on Friday, but losses on mortgages and commercial loans continued to rise and its shares fell nearly 2 percent in premarket trading.
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Stock futures mixed; eyes on Intel, JPMorgan

U.S. stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 up 0.02 percent, Dow Jones futures down 0.22 percent and Nasdaq 100 futures down 0.17 percent at 4.40 a.m. EST.
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Gold edges up near $1145 in Asia

Gold edged higher in Asian trade Friday as the dollar dropped against major currencies. Gold for immediate delivery was seen trading at $1,144.40 per ounce at 11.30 a.m Singapore time while U.S. gold futures for February delivery were at $1,144.60 per ounce.
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Pimco's assets under management exceed $1 trillion

Pacific Investment Management Co, the world's biggest bond fund, has seen assets under management exceed $1 trillion for the first time, underscoring investors' appetite for yield and portfolio diversification.
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Penny Stock Symbols

How much thought do you give to a stock's ticker symbol? One glance at one of these short alphabetical codes can tell an investor a company's name, its financial health, where it trades, and even its nationality. And in the penny stock world, it's not uncommon for tickers to get just a little tricky. Here's everything you need to know to decipher penny stock ticker symbols.
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Monday Penny Stock Watchlist: 4 Breakout Stocks That Are Moving Fast

Metal mining giant Alcoa announces earnings today, a release that marks the start of earnings season. And while Alcoa's far from a penny stock with a $17 billion market capitalization, the fact is that the tone this company sets will have a supreme effect on all of the issues we're watching in the small-cap world.
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ECB rates firmly on hold

The European Central Bank kept benchmark interest rates unchanged at a record low of 1.0 percent on Thursday with the ECB expected to remain in a holding pattern given uneven growth and low inflation.
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Wall Street ticks higher, led by tech shares

Stocks traded slightly higher on Thursday, led by the technology sector after upbeat brokerage comments on Oracle Corp and ahead of an expected profit report from Intel Corp.
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Investors shortlist banks for TDC sale - sources

Private equity investors have shortlisted investment banks for an offering of stock in Denmark's leading telecom operator TDC, a $9 billion company, which would be Copenhagen's biggest offering in years.
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Obama to announce $120 billion fee on big bank transactions

President Barack Obama is set to announce this morning a 'financial crisis responsibility fee' that may generate $90 to $120 billion dollars for tax payers over the next 10 years, the White House said late Wednesday, according to media reports.
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VCs eschew physical stores, focus on retail tech

Venture capitalists were never very interested in the retail sector, but they are now taking a second look, focusing on a new generation of online retailers and the next wave of technology to help stores optimize how they run their businesses.
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LaBranche to sell NYSE specialist unit to Barclays

LaBranche & Co Inc said on Wednesday it agreed to sell its New York Stock Exchange specialist business to Barclays Plc for $25 million in cash, reflecting the difficulties standalone market makers face in a shrinking industry.
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Stock futures up as investors await Intel results

Stock index futures edged higher on Thursday as investors awaited results from technology bellwether Intel Corp and a report on December U.S. retail sales, a day after the Dow index rose to a fresh 15-month high.
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Stock futures slip as investors await Intel results

Stock index futures edged higher on Thursday as investors awaited results from technology bellwether Intel Corp and a report on December U.S. retail sales, a day after the Dow index rose to a fresh 15-month high.
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CFTC's trading proposals might not be too tough

The top U.S. futures regulator will unveil long-awaited proposals on Thursday aimed at barring manipulators from high-flying energy markets, but the agency is expected to tread lightly with its new regulations, at least initially.

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