NEW YORK — JPMorgan Chase is suspending plans to buy back its own stock, a little over a week after the bank posted a large trading loss. The largest U.S. bank by assets disclosed the $2 billion trading loss on May 10 in a hastily …
While certain industries such as biotech and internet stocks have experienced some strong selling lately, other industries and sectors have held up quite well. The second best performing sector over the last 30 days has been the financials, …
Three US 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 lending market.
NEW YORK — JPMorgan Chase is suspending plans to buy back its own stock, a little more than a week after the bank posted a large trading loss. The largest U.S. bank by assets disclosed the $2 billion trading loss on May 10 in a hastily …
Shares of J. P. Morgan & Company fell yesterday as one investor sold about 500,000 of the banking company's shares, accounting for a third of the day's trading. The stock declined $1.375, to $63, before closing down $1.125, to $63.25. …
Facebook Inc (NASDAQ:FB) stock moved higher on Tuesday following a price target increase from analysts at JPMorgan. They continue to believe that the social network has a “strong competitive moat” and feel that the recent concerns are …
NEW YORK (AP) — Stronger earnings from JPMorgan Chase and other big banks launched a stock market rally Friday. The Dow Jones industrial average jumped 200 points to 12,772 with a half-hour of trading left. The Dow is coming off a …
Shares of Caterpillar (NYSE:CAT), the world's largest maker of mining and construction equipment, were falling almost 6% in early afternoon trade in New York after JPMorgan downgraded the stock Monday. Analysts at JPMorgan lower CAT …
A day after Frontier Airlines reported a $32.5 million loss for the quarter ended in December, JPMorgan downgraded the carrier’s stock. JPMorgan reduced its rating for Frontier from overweight to underweight today. Although JPMorgan