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 …
Ford Motor (NYSE:F): Ford Motor stock is cut to Hold from Buy at boutique brokerage Craig-Hallum. Shares of Ford Motor fell 6.29% yesterday. JPMorgan Chase (NYSE:JPM): Stock in JPMorgan Chase, a key Dow component, is now …
Consensus is that JPMorgan Chase & Co. (NYSE:JPM) is an elite bank, so dips in its stock are almost always buying opportunities. The problem is that sustainable dips have been scarce. Source: via Wikimedia There is no doubt that the …
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 …
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, …
(Reuters) - Three U.S. pension funds sued six of the world's largest banks on Thursday, including Goldman Sachs Group Inc and JP Morgan Chase & Co , accusing them of conspiring to stifle competition in the more than $1 trillion stock
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 …
Bharti Airtel’s scrip was down 3.73% on the Bombay Stock Exchange to Rs 495.15 on Wednesday, owing to cashing out of Qatari investor Three Pillars Pte Ltd’s 5% shareholding for over Rs 9,000 crore. JP Morgan said that recent events …
JPMorgan Chase (NYSE: JPM) has been a major beneficiary of the stock market rally following the 2016 election. Since this time last year, shares of the New York City-based bank are up 44%. That's more than twice the S&P 500. It also …