GO
Loading...

JPMorgan Chase and Co

More

  • Final Glance: Banks companies Wednesday, 22 Oct 2014 | 6:09 PM ET

    Bank of America Corp. fell$. 20 or 1.2 percent, to $16.40. Citigroup Inc. fell$. 57 or 1.1 percent, to $50.70. Goldman Sachs fell $3.35 or 1.9 percent, to $176.83.

  • Oct 22- JPMorgan Chase& Co executives in New York were aware of potential problems tied to its recruitment practices in China well before U.S. regulators launched a probe into the issue, the Wall Street Journal reported, citing sources and documents it reviewed. The U.S. Securities and Exchange Commission is examining the extent to which JPMorgan executives at...

  • Oct 22- Abbott Laboratories and Mylan Inc said on Wednesday they would go ahead with their $5.3 billion deal in which Mylan will buy part of Abbott's overseas generics business and set up headquarters in the Netherlands, but they tweaked the terms of the transaction. Treasury on Sept. 22 made changes to the corporate tax rules that govern such "inversion" merger...

  • Midday Glance: Banks companies Wednesday, 22 Oct 2014 | 1:18 PM ET

    Bank of America Corp. fell$. 03 or. 2 percent, to $16.58. Citigroup Inc. rose$. 06 or. 1 percent, to $51.33. JPMorgan Chase rose$. 12 or. 2 percent, to $58.05.

  • Early Glance: Banks companies Wednesday, 22 Oct 2014 | 10:36 AM ET

    Bank of America Corp. rose$. 07 or. 4 percent, to $16.67. Citigroup Inc. rose$. 37 or. 7 percent, to $51.64. Goldman Sachs fell $1.15 or. 6 percent, to $179.03.

  • UPDATE 1-General Dynamics beats on earnings, revenue Wednesday, 22 Oct 2014 | 8:40 AM ET

    Oct 22- General Dynamics Corp on Wednesday reported higher-than-expected earnings and revenue for the third quarter, and the maker of ships, tanks and business jets cited a significant rise in its backlog. Net earnings rose 6.4 percent to $694 million, or $2.05 per share, from $652 million, or $1.84 per share, a year earlier. General Dynamics Chief Executive...

  • Oct 22- U.S. weapons maker Northrop Grumman Corp on Wednesday reported a higher-than-expected profit for the third quarter and raised its earnings outlook for the full year. Northrop, which makes unmanned planes and electronic equipment, posted a 5 percent drop in net earnings to $473 million, or $2.26 per share, from $497 million, or $2.14 a share, a year earlier,...

  • Shares of Ares Management LP, the alternative asset manager that went public in May, closed on Tuesday about 12 percent below their IPO price of $19. Ares Management runs Ares Capital Corp and was the first U.S. private equity firm to go public in about two years. Morgan Stanley, J.P. Morgan and Goldman Sachs were among the lead underwriters for Fifth Street's IPO.

  • Final Glance: Banks companies Tuesday, 21 Oct 2014 | 6:01 PM ET

    Bank of America Corp. rose$. 34 or 2.1 percent, to $16.60. Citigroup Inc. rose$. 74 or 1.5 percent, to $51.27. Morgan Stanley rose$. 74 or 2.2 percent, to $34.06.

  • NEW YORK/ WASHINGTON, Oct 21- The Federal Reserve's New York branch knew about risks JPMorgan Chase& Co was taking with its massive "London Whale" derivatives bets four years before they imploded, but it failed to act properly to head them off, the U.S. central bank's inspector general said. The Fed's Office of Inspector General said on Tuesday one of the key flaws it...

  • Midday Glance: Banks companies Tuesday, 21 Oct 2014 | 1:43 PM ET

    Bank of America Corp. rose$. 22 or 1.4 percent, to $16.48. Citigroup Inc. rose$. 69 or 1.4 percent, to $51.22. Goldman Sachs rose $1.45 or. 8 percent, to $179.29.

  • Early Glance: Banks companies Tuesday, 21 Oct 2014 | 11:56 AM ET

    Bank of America Corp. rose$. 11 or. 7 percent, to $16.37. Citigroup Inc. rose$. 45 or. 9 percent, to $50.98. Goldman Sachs rose $1.32 or. 7 percent, to $179.16.

  • Officials: 500 million financial records hacked Tuesday, 21 Oct 2014 | 10:05 AM ET

    "A person can commit about 15,000 bank robberies sitting in their basement," an FBI official says. USA Today reports.

  • Coca-Cola warns of currency headwinds Tuesday, 21 Oct 2014 | 8:59 AM ET

    The beverage giant also reported third-quarter revenue that missed estimates and said it was ramping up its cost-cutting initiatives.

  • BRUSSELS, Oct 21- European Union antitrust regulators are set to fine JPMorgan, UBS and Credit Suisse collectively over $115 million for rigging Swiss franc LIBOR benchmark interest rates, a person familiar with the matter told Reuters. Royal Bank of Scotland alerted the European Commission to the wrongdoing and so would not be penalized for its own role in the...

  • WASHINGTON, Oct 20- The Russian government has been ruled out as sponsor of a cyber attack on JPMorgan Chase& Co disclosed in August, U.S. law enforcement officials said on Monday. Officials from the FBI and Secret Service told a news conference at the Financial Services Roundtable in Washington that authorities believe the attack was the work of cybercriminals.

  • U.S. airlines raise fares by $2 on average Monday, 20 Oct 2014 | 7:06 PM ET

    Oct 20- Major U.S. airlines have raised domestic one-way fares by $2 on average since Thursday, marking the first industry wide increase in half a year. The news may quell investors' concern that airline revenue will fall if the Ebola virus discourages people from traveling, and the stocks of Delta Air Lines, American Airlines and United Airlines rose on average...

  • Final Glance: Banks companies Monday, 20 Oct 2014 | 6:05 PM ET

    Bank of America Corp. rose$. 05 or. 3 percent, to $16.26. Citigroup Inc. rose$. 46 or. 9 percent, to $50.53. Goldman Sachs rose$. 93 or. 5 percent, to $177.84.

  • Two manufacturers with significant exposure to oil markets, General Electric Co and Honeywell International Inc, said in interviews they did not see any short-term impact, but that sustained lower prices could alter the picture. They include Emerson Electric Co, which sells equipment such as valves, as well as automation software and services to help manage...

  • US airlines raise base fares on domestic flights Monday, 20 Oct 2014 | 3:36 PM ET

    JetBlue Airways raised fares by $4 per round trip on a small number of routes Thursday, and Delta Air Lines picked up and greatly expanded the breadth of the increase, according to FareCompare.com CEO Rick Seaney and J.P. Morgan analyst Jamie Baker. The hike got an important boost when Southwest matched it a day later. United Airlines and American Airlines, which...