JPMorgan Chase disclosed on Thursday that it had received the green light from regulators to buy back as much as $3 billion of its stock in the first quarter of next year, another sign that the nation’s largest bank is moving beyond a …
JPMorgan Chase analysts downgraded their rating for the shares of Alcoa to Neutral with a price target of $18.50 a share Alcoa plummeted after analysts at JPMorgan Chase downgraded their rating for the stock today. The shares of the …
Outright downgrades by Wall Street analysts of J.P. Morgan’s stock are tough to find, even as analysts voice concern about its formerly sterling reputation following the bank’s surprise announcement of a substantial trading loss. Out of …
The price of stock in JPM Industries Inc. plummeted by 54 percent in heavy trading Wednesday after a spate of negative publicity about the company. Bridgeview-based JPM Industries runs the controversial investment program called Wealth …
NEW YORK -- JPMorgan Chase stock declined more than 2 percent on Thursday after a published report said its loss on a bad trade could be far higher than the bank first estimated. The New York Times, citing an internal report at the bank, …
The scars from JPMorgan Chase & Co.'s whopping trading losses have healed -- at least in its stock price. Five months after the bank disclosed a trader nicknamed the "London Whale" lost billions in risky derivatives bets, its stock has …
JPMorgan Chase's earnings report for the second quarter showed that the bank had lost nearly $6 billion from a bad bet undertaken by a single trader who has come to be known as the "London Whale" for his outsized risk-taking. The …
In the stock picking beauty pageants, JP Morgan (NYSE: JPM) has won a prize. Bloomberg reported: JPMorgan, under Americas equity research head Noelle Grainger, scored the largest number of highly ranked analysts, making it the No. …
Apple stock keeps setting new record highs this week, with shares rising steadily over the last few trading days. The stock climbed as much as 1.87% to $123.30 per share during regular trading today after JPMorgan analysts bumped up their …