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JPMorgan Chase & Co. (JPM)

  • Oct. 13, 2010, 8:58 AM
    JPMorgan's (JPM +1.3%) results are giving financials a boost: DB +3.3%, CS +2.7%, UBS +2.05%, FITB +2.55%, BAC +1%, MS +1.1%, C +0.9%, GS +1%, WFC +0.85%.
    | Oct. 13, 2010, 8:58 AM | Comment!
  • Oct. 13, 2010, 7:14 AM
    JPMorgan (JPM): Q3 EPS of $1.01 beats by $0.11. Revenue of $24.3B (-15.4%) vs. $24.6B. Shares +1.4% premarket. (PR)
    | Oct. 13, 2010, 7:14 AM | 9 Comments
  • Oct. 13, 2010, 12:05 AM
    Notable earnings before Wednesday's open: ASML, HST, JPM
    | Oct. 13, 2010, 12:05 AM | Comment!
  • Oct. 12, 2010, 4:56 PM
    Banks with the largest amounts of foreclosed home loans on their books, according to SNL Financial: JP Morgan Chase (JPM), $19.5B, or 7.5% of its family mortgage loans, in foreclosure; Bank of America (BAC), $18.7B, 4.39%; Wells Fargo (WFC), $17.5B, 4.74%. Highest percentage of home loans in foreclosure: Barclays (BCS), 17.7%.
    | Oct. 12, 2010, 4:56 PM | 1 Comment
  • Oct. 12, 2010, 4:05 PM
    Market recap: Stocks eased higher following release of Fed meeting minutes indicating that it would step in to stimulate the economy "before long." Financial and tech stocks led gainers ahead of earnings reports from Intel and JPMorgan. The dollar resumed its recent slump, and Treasurys fell. Advancers outnumbered decliners on the NYSE three to two.
    | Oct. 12, 2010, 4:05 PM | 5 Comments
  • Oct. 12, 2010, 3:34 PM
    JPMorgan Chase (JPM) kicks off Q3 reporting for financials tomorrow, and Chris Whalen sees the shrinking buy-side audience for large bank equity in for "quite a nasty surprise in 2011." JPM will lose at least 10% of current run rate revenues due to Dodd-Frank legislation, Whalen says, and it's not clear how that revenue can be replaced.
    | Oct. 12, 2010, 3:34 PM | 3 Comments
  • Oct. 11, 2010, 4:27 PM
    Investment banks and regional banks are headed in opposite directions, Scott Rubin writes. The business models of Goldman (GS), JPMorgan (JPM) and the like are under pressure from a dismal trading environment and investment banking atmosphere. But regional banks are benefiting from increased asset and credit quality while mostly insulated from trends affecting investment houses.
    | Oct. 11, 2010, 4:27 PM | Comment!
  • Oct. 11, 2010, 3:51 PM
    Fox's Charlie Gasparino says Citigroup (C) and Wells Fargo (WFC) may be the next to announce they are suspending foreclosures, following BofA (BAC), JPMorgan Chase (JPM) and GMAC. The banks are "obsessed" with the political pressure being brought to bear, he says, and “amidst the investigations, they have to do a moratorium."
    | Oct. 11, 2010, 3:51 PM | 4 Comments
  • Oct. 8, 2010, 1:27 PM
    Sign of a junk-bond bubble? "Other than 1988 at Drexel, this is the best time I've ever seen, and it's getting better," JPMorgan (JPM) junk-bond king Jim Casey says. "In high-yield, it's undeniable that these are the best years that anyone has seen in their career."
    | Oct. 8, 2010, 1:27 PM | 2 Comments
  • Oct. 6, 2010, 1:39 PM
    Is market correlation the new bubble? And if so, the right move may be selling one- to two-year implied correlation - or as JPMorgan's (JPM) Delta One team calls it: "a free call option on the market recovery.”
    | Oct. 6, 2010, 1:39 PM | 2 Comments
  • Oct. 6, 2010, 11:49 AM
    The suspend-foreclosures momentum is catching, as North Carolina's attorney general follows the lead of Texas' AG in asking 15 mortgage lenders to put a halt to repossessions. On the state's list: BAC, JPM, WFC, C, STI, PNC, BBT and others.
    | Oct. 6, 2010, 11:49 AM | 7 Comments
  • Oct. 6, 2010, 8:34 AM
    Rep. Nancy Pelosi and dozens of other lawmakers ask the Justice Department to investigate the nation's largest mortgage lenders, citing BofA (BAC) and JPMorgan (JPM) by name. The move will likely spur cries for a nationwide foreclosure moratorium, though critics warn it might overwhelm the court system and scare away potential buyers.
    | Oct. 6, 2010, 8:34 AM | 17 Comments
  • Oct. 5, 2010, 1:01 PM
    Texas - which isn't one of the 23 states where GMAC Mortgage and BofA (BAC) moved to suspend foreclosures related to the "robo-signing" practice - asks 27 loan servicers (including BofA and JPMorgan Chase (JPM)) to halt foreclosures, foreclosure sales and evictions. Texas foreclosures don't require a court order, but the attorney general's scrutiny could have a huge impact on borrowers and lenders.
    | Oct. 5, 2010, 1:01 PM | 2 Comments
  • Oct. 3, 2010, 6:42 PM
    Barron's is bewitched by JPMorgan (JPM) CEO Jamie Dimon's optimism, saying shares could rise 50% over the next two years "given the bank's excellent outlook and strong management team." In a 52-slide presentation last month, Dimon supports recent regulatory reform, but complains that "some was ill-conceived, and there are unknown, unintended consequences."
    | Oct. 3, 2010, 6:42 PM | 3 Comments
  • Oct. 2, 2010, 5:13 PM
    A major title insurance company refuses to insure homes foreclosed by JPMorgan Chase (JPM) until "the objectionable issues (e.g.) have been resolved." On Friday, title insurer stocks dropped over concerns business would suffer due to the foreclosure freezes. GMAC, Bank of America (BAC) and Chase have now halted all foreclosures in the 23 states where they need a court's approval.
    | Oct. 2, 2010, 5:13 PM | 8 Comments
  • Oct. 1, 2010, 6:15 PM
    Another day, another robo-signing fiasco: A Bank of America (BAC) official admits she signed up to 8,000 foreclosure documents a month and typically didn't read them. Zero Hedge wonders if Wells Fargo's (WFC) move to curtail extensions on residential short sales is a "last-ditch attempt to accelerate the foreclosure process" before it joins BofA, JPM and GMAC in the spotlight.
    | Oct. 1, 2010, 6:15 PM | 23 Comments
JPM vs. ETF Alternatives
Company Description
JPMorgan Chase & Co is a financial services firm and a banking institution. its segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management.
Sector: Financial
Country: United States