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Stock Market & Financial Investment News

News Breaks
February 26, 2013
10:32 EDTV, JPMVisa, JPMorgan sign LOI for new and expanded partnership agreement
Visa (V) and JPMorgan Chase & Co. (JPM) announced that the companies have agreed to a letter of intent for a new and expanded 10-year renewable partnership agreement. Under terms of the planned deal, JPMorgan Chase will launch Chase Merchant Services, a payments platform powered by Visa that JPMorgan Chase will use to create more differentiated experiences for its merchants and cardholders. The platform will process transactions initiated with JPMorgan Chase-issued Visa cards at merchants that JPMorgan Chase enrolls in Chase Merchant Services. As part of the agreement, JPMorgan Chase also will shift additional credit and debit card volume to Visa, driving more transactions on the Visa network.
News For V;JPM From The Last 14 Days
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July 14, 2014
15:24 EDTJPMNotable companies reporting before tomorrow's open
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14:40 EDTJPMJPMorgan July 56.5 straddle priced for 2.2% move into Q2
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08:01 EDTJPMJP Morgan July volatility increases into Q2 and outlook
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July 11, 2014
07:20 EDTJPMBig banks seen losing reserve release cushion, Reuters says
Releasing loan-loss reserves has helped U.S. big banks weather a period of weak loan demand and lower fee income, but Q2 results from the banks may see less benefit from the practice as loss rates and reserves near their lower limits, said Reuters. Publicly traded companies in the space include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
July 10, 2014
06:21 EDTJPMJPMorgan appoints Li as new China head, Reuters says
JPMorgan Chase (JPM) said it has appointed former UBS (UBS) banker David Li as the new head of its China division to replace top China banker Fang Fang who left the firm in March, according to Reuters, citing a statement from the U.S. company. Reference Link
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