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JPMorgan Chase and Co

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  • NEW YORK, Jan 31- JPMorgan Chase& Co, the largest U.S. bank, agreed to pay $99.5 million to settle its portion of an antitrust lawsuit in which investors accuse 12 major banks of rigging prices in the $5.3 trillion- a-day foreign exchange market. Made public on Friday night, the settlement is the first in the nationwide litigation and resolved claims over JPMorgan's...

  • Jan 30- Shares of Shake Shack Inc more than doubled on Friday, putting a nearly $2 billion price tag on the small cult hamburger chain, in a huge bet that its growth can match top performers in the crowded "fast-casual" dining space. Other hot restaurant debuts have been followed by stock swoons, including Noodles& Co and sandwich maker Potbelly Corp.

  • Most active New York Stock Exchange-traded stocks Friday, 30 Jan 2015 | 1:27 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. fell. 1 percent to $32.92 with 53,984,300 shares traded. Bank of America Corp. fell 1.8 percent to $15.15 with 95,607,400 shares traded.

  • Midday Glance: Banks companies Friday, 30 Jan 2015 | 1:27 PM ET

    Bank of America Corp. fell$. 12 or. 8 percent, to $15.31. Citigroup Inc. fell$. 34 or. 7 percent, to $47.28. Goldman Sachs fell $1.96 or 1.1 percent, to $174.03.

  • Early Glance: Banks companies Friday, 30 Jan 2015 | 11:13 AM ET

    Bank of America Corp. fell$. 19 or 1.2 percent, to $15.24. Citigroup Inc. fell$. 33 or. 7 percent, to $47.29. Goldman Sachs fell $1.57 or. 9 percent, to $174.42.

  • Jan 30- Shares of trendy hamburger chain Shake Shack Inc soared 150 percent in their first few minutes of trading on Friday, valuing the company that grew out of a hotdog cart in New York's Madison Square Park at nearly $2 billion. Shake Shack shares hit $52.49 in early trading on the New York Stock Exchange, way above their offer price of $21, before easing back to $48.

  • Shake Shack sizzles in market debut Friday, 30 Jan 2015 | 10:18 AM ET

    Jan 30- Shares of gourmet hamburger chain Shake Shack Inc soared 150 percent in their first few minutes of trading on Friday, valuing the company that grew out of a hotdog cart in New York's Madison Square Park at nearly $2 billion. Meyer, who also owns popular New York restaurants Blue Smoke, Gramercy Tavern and Union Square Cafe, opened the first Shake Shack in...

  • ISTANBUL, Jan 30- The Turkish lira tumbled to a fresh record low against the dollar on Friday after a surprise Russian interest rate cut reinforced expectations that Turkey will ease monetary policy next week. Central bank governor Erdem Basci indicated on Tuesday that the bank could hold an extraordinary meeting as early as next Wednesday to discuss cutting...

  • Final Glance: Banks companies Thursday, 29 Jan 2015 | 6:14 PM ET

    Bank of America Corp. rose$. 23 or 1.5 percent, to $15.43. Citigroup Inc. rose$. 52 or 1.1 percent, to $47.62. Morgan Stanley rose$. 60 or 1.8 percent, to $34.37.

  • Jan 29- Growth-hungry investors snapped up shares offered by Shake Shack Inc, setting the stage for a sizzling debut for the New York- based burger chain when its stock starts trading on Friday. Shares of the company, which has won a cult following for its rich milkshakes and hormone- and antibiotic-free burgers, priced at $21 each, an underwriter said, valuing the...

  • MELBOURNE/ NEW YORK, Jan 29- Macquarie Group Ltd is in talks to buy Jefferies Group LLC's commodities and financial derivatives brokerage, three sources said, as the Australian bank continues to expand its commodities business while rivals retreat. News of the talks come just a month after the U.S. investment bank, owned by Leucadia National Corp, said it was...

  • Jan 29- A holiday-season splurge in handbag sales has given Coach Inc and Kate Spade& Co new impetus to cut back on promotions, confident that Americans are more willing to splash out on luxury. Kate Spade announced plans to discontinue its low-margin brand while Coach, its larger competitor, surprised Wall Street by revealing an increase in demand for its...

  • Midday Glance: Banks companies Thursday, 29 Jan 2015 | 1:23 PM ET

    Bank of America Corp. rose$. 15 or 1.0 percent, to $15.35. Citigroup Inc. rose$. 14 or. 3 percent, to $47.24. Goldman Sachs rose $1.33 or. 8 percent, to $174.38.

  • Early Glance: Banks companies Thursday, 29 Jan 2015 | 10:40 AM ET

    Bank of America Corp. rose$. 15 or 1.0 percent, to $15.35. Citigroup Inc. rose$. 08 or. 2 percent, to $47.18. Goldman Sachs rose $1.86 or 1.1 percent, to $174.91.

  • *Russia loses investment grade credit rating from S&P. *Brazil, Turkey, South Africa, Indonesia also at risk- bank. Russia this week became the first of the major economies to lose its investment grade status from Standard& Poor's, falling out off the top ratings category for credits deemed to have a low risk of default for the first time in a decade.

  • FOREX-Dollar firm post-Fed, franc eyed for intervention Thursday, 29 Jan 2015 | 4:12 AM ET

    LONDON, Jan 29- The U.S. dollar inched higher against the yen and was steady to the euro on Thursday after a Federal Reserve statement which, with some caveats, was read as keeping the bank on track to raise interest rates later this year. That prodded U.S. bond yields lower, but the overall picture, of a steadily improving U.S. economy while Europe and Japan remain mired...

  • Final Glance: Banks companies Wednesday, 28 Jan 2015 | 6:07 PM ET

    Bank of America Corp. fell$. 43 or 2.8 percent, to $15.20. Citigroup Inc. fell $1.20 or 2.5 percent, to $47.11. Goldman Sachs fell $3.44 or 1.9 percent, to $173.05.

  • SYDNEY, Jan 29- The New Zealand dollar slumped to four-year lows on Thursday as investors priced in a greater chance of rate cuts there, while U.S. dollar bulls focused on the positive in the Federal Reserve's latest policy statement. The kiwi skidded to $0.7320 after the Reserve Bank of New Zealand opened the door to a possible cut in rates, having only last month...

  • NEW YORK, Jan 28- A federal judge on Wednesday said U.S. investors may pursue a nationwide antitrust lawsuit accusing 12 major banks of rigging prices in the $5.3 trillion- a-day foreign exchange market. The bank defendants include Bank of America Corp, Barclays Plc, BNP Paribas SA, Citigroup Inc, Credit Suisse Group AG, Deutsche Bank AG, Goldman Sachs Group Inc, HSBC...

  • NEW YORK, Jan 28- A federal judge on Wednesday said U.S. investors may pursue a nationwide antitrust lawsuit accusing 12 major banks of rigging prices in the $5.3 trillion- a-day foreign exchange market. The bank defendants are Bank of America Corp, Barclays Plc, BNP Paribas SA, Citigroup Inc, Credit Suisse Group AG, Deutsche Bank AG, Goldman Sachs Group Inc, HSBC...