New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For V;JPM From The Last 14 Days
Check below for free stories on V;JPM the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | 3 | 4 | all recent news | >>
April 22, 2014
07:26 EDTJPMInformation Management Network to hold a conference
Subscribe for More Information
07:24 EDTVSourceMedia to hold a forum
26th Annual Card Forum & Expo is being held in Orlando on April 22-25.
06:19 EDTJPMInvestment banks battling over stock trading, WSJ reports
Subscribe for More Information
April 17, 2014
10:27 EDTJPMJPMorgan looks to technology startup apps to plan mobile future, Bloomberg says
When it came time to update its mobile banking app, JPMorgan's (JPM) digital chief Gavin Michael studied software created by technology startups, such as Uber and GrubHub's (GRUB) Seamless, for inspiration to give the app a more "simple, human, cohesive" design, according to Bloomberg, citing comments from Michael. Reference Link
07:45 EDTVVisa, MasterCard should report solid Q1 results, says Oppenheimer
Oppenheimer believes that the fundamental environment for Visa (V) and MasterCard (MA) is "relatively stable." The firm expects the companies to reaffirm their full-year guidance, and recommends using the stocks' recent weakness to become more aggressive. The firm keeps Outperform ratings on both stocks.
06:44 EDTJPMBank of America to pay $950M to settle mortgage allegations, NY Times says
Subscribe for More Information
06:31 EDTJPMBig banks boosting their business lending, WSJ reports
Subscribe for More Information
April 16, 2014
09:17 EDTJPMHigher One appoints Sheinbaum CEO
Subscribe for More Information
07:08 EDTVVisa volatility elevated into Q2 and revenue outlook
Subscribe for More Information
April 15, 2014
10:00 EDTVOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:49 EDTJPMJPMorgan reports March net credit losses 3.07% vs. 2.82% last month
Subscribe for More Information
06:53 EDTVAmazon.com rejects bitcoin, doesn't rule out payment network, Re/code says
Subscribe for More Information
05:53 EDTVVisa upgraded to Buy from Neutral at Janney Capital
Janney Capital upgraded Visa to Buy citing the recent pullback in shares and raised its price target for the stock to $240 from $210.
April 14, 2014
10:56 EDTV, JPMMasterCard, Visa rise after analysts recommend their shares
Subscribe for More Information
10:02 EDTVOn The Fly: Analyst Initiation Summary
Subscribe for More Information
10:02 EDTVOn The Fly: Analyst Upgrade Summary
Acorda Therapeutics (ACOR) upgraded to Outperform from Market Perform at FBR Capital... Allegheny Technologies (ATI) upgraded to Neutral from Underperform at Sterne Agee... BP (BP) upgraded to Buy from Hold at Canaccord... Bloomin' Brands (BLMN) upgraded to Buy from Hold at Deutsche Bank... Boardwalk Pipeline (BWP) upgraded to Neutral from Underperform at BofA/Merrill... Boston Scientific (BSX) upgraded at BofA/Merrill... Charles Schwab (SCHW) upgraded to Buy from Neutral at UBS... Citigroup (C) upgraded to Hold from Sell at Rafferty Capital... Community Health (CYH) upgraded to Outperform from Perform at Oppenheimer... Eaton Vance (EV) upgraded to Neutral from Sell at Citigroup... Eli Lilly (LLY) upgraded to Hold from Underperform at Jefferies... F5 Networks (FFIV) upgraded to Buy from Hold at Stifel... HeartWare (HTWR) upgraded to Buy from Neutral at BTIG... Heartland Payment (HPY) upgraded to Hold from Sell at Stifel... Hyatt Hotels (H) upgraded to Outperform from Market Perform at FBR Capital... MasterCard (MA) upgraded to Outperform from Neutral at RW Baird... McDermott (MDR) upgraded to Neutral from Underweight at HSBC... Palo Alto (PANW) upgraded to Overweight at Stephens... PetroChina (PTR) upgraded to Neutral from Underperform at Credit Suisse... Seagate (STX) upgraded to Buy from Hold at Argus... Sensata (ST) upgraded to Buy from Neutral at Citigroup... Stryker (SYK) upgraded to Neutral from Reduce at SunTrust... TD Ameritrade (AMTD) upgraded to Buy from Neutral at UBS... TTM Technologies (TTMI) upgraded to Buy from Hold at Stifel... Transocean (RIG) upgraded to Hold from Sell at Deutsche Bank... VMware (VMW) upgraded to Outperform from Underperform at CLSA... Visa (V) upgraded to Outperform from Neutral at RW Baird... Yahoo (YHOO) upgraded to Buy from Neutral at SunTrust... Zimmer (ZMH) upgraded to Neutral from Reduce at SunTrust... bebe stores (BEBE) upgraded to Buy from Neutral at Janney Capital.
09:05 EDTJPMJPMorgan valuation still attractive, says Wells Fargo
Subscribe for More Information
07:08 EDTJPMJPMorgan has good value for patient investors, says Bernstein
After JPMorgan reported weaker than expected Q1 results, Bernstein reduced its 2014 EPS estimate for the company to $5.50 from $5.80. However, the firm thinks the company could benefit from higher interest rates, while its valuation is attractive. Bernstein keeps an Outperform rating on the stock.
06:03 EDTVVisa initiated with an Outperform at Pacific Crest
Subscribe for More Information
05:37 EDTVVisa upgraded to Outperform from Neutral at RW Baird
RW Baird upgraded Visa to Outperform citing a more attractive risk/reward following the recent pullback in shares. The firm has a $245 price target for the stock.
April 11, 2014
17:28 EDTJPMJPMorgan outlook promising despite earnings shortfall, Barron's reports
Despite JPMorgan's stock falling 3.5% in today's trading after a tough quarter where the bank fell short of "already dim" projections, the bank's outlook is "promising" and the bank "should reward patience," according to Barron's "Barron's Take" column. Reference Link
17:09 EDTJPMStocks tumble as investors remain skittish
Subscribe for More Information
16:21 EDTJPMOn The Fly: Closing Wrap
Stocks on Wall Street were lower in a session that saw the averages struggle for direction early before sellers gained control and pushed stocks lower through the second half of the session. With today's losses, the averages each finished the week with losses greater than 2%, with the tech-heavy Nasdaq losing 3% to close below 4,000 for the first time since early February. ECONOMIC EVENTS: In the U.S., the Producer Price Index jumped 0.5% in March, versus expectations for it to be up 0.1%. The University of Michigan consumer sentiment reading jumped to 82.6 in the preliminary April look, which was better than forecast and its highest reading since July. COMPANY NEWS: JPMorgan (JPM) and Wells Fargo (WFC) kicked off earnings season for the major banks, with their quarterly results, and stocks, moving in opposite directions following the news. Dow member JPMorgan fell $2.10, or 3.66%, to $55.30 after its earnings per share and revenue significantly trailed consensus estimates. Shares of Wells gained 37c, or 0.78%, to $48.08 after the bank's profits beat the consensus forecast. MAJOR MOVERS: Among the notable gainers was BofI Holding (BOFI), up $6.02, or 8.09%, to $80.46 near midday after the company last night announced a deal to acquire H&R Block's (HRB) bank assets. H&R Block shares fell 78c, or 2.74%, to $27.64. Also higher was Zygo (ZIGO), up $4.75, or 32.36%, to $19.43 after the company agreed to be acquired by Ametek (AME) for $19.25 per share in cash in a deal that represents an aggregate enterprise value of $280M for Zygo. Among the noteworthy losers was Herbalife (HLF), down $8.36, or 13.97%, to $51.48 after a report late in the session from the Financial Times said the company is facing a criminal investigation from the U.S. Department of Justice and FBI regarding its business practices. Also lower was NQ Mobile (NQ), a recent target of noted short-seller Carson Block, down $3.29, or 20.58%, to $12.70 after its profit missed expectations and the company disclosed that it found accounting errors in its recent reports. INDEXES: The Dow was down 143.47, or 0.89%, to 16,026.75; the S&P 500 was down 17.39, or 0.95%, to 1,815.69; the Nasdaq was down 54.37, or 1.34%, to 3,999.73.
13:01 EDTJPMOn The Fly: Midday Wrap
Stocks on Wall Street were lower again at midday, with the Dow being weighed on by a disappointing earnings report from banking giant JPMorgan (JPM). The reports from JPMorgan and peer Wells Fargo (WFC) certainly seemed to have more of an impact on market sentiment than the better than expected University of Michigan consumer confidence reading. ECONOMIC EVENTS: In the U.S., the Producer Price Index jumped 0.5% in March, versus expectations for it to be up 0.1%. The University of Michigan consumer sentiment reading jumped to 82.6 in the preliminary April look, which was better than forecast and its highest reading since July. COMPANY NEWS: JPMorgan and Wells Fargo kicked off earnings season for the major banks, with their stocks moving in opposite directions to mirror their earnings results. Dow member JPMorgan slipped more than 3% after its earnings per share and revenue significantly trailed consensus estimates, while Wells shares gained about 1.5% after the bank's profits beat the consensus forecast. Both noted, however, that their capital levels continued to strengthen during the quarter and both gave optimistic views on their ability to continue to reduce expenses. MAJOR MOVERS: Among the notable gainers was BofI Holding (BOFI), which rose 11% near midday after the company last night announced a deal to acquire H&R Block's (HRB) bank assets. H&R Block shares were down over 2% near noon. Also higher was mobile game maker Zynga (ZNGA), whose shares gained almost 3% after the company announced a new CFO and the stock was upgraded to Equal Weight by analysts at Morgan Stanley. Another gainer, Zygo (ZIGO), jumped 31% after the company agreed to be acquired by Ametek (AME) for $19.25 per share in cash in a deal that represents an aggregate enterprise value of $280M for Zygo. Shares of Ametek also rose 1.5% following the deal announcement. Among the noteworthy losers was 3D-printer maker Voxeljet (VJET), which fell 16% after its 3-million-share secondary offering of common stock priced at $15.00. Also lower was NQ Mobile (NQ), a recent target of noted short-seller Carson Block, which dropped over 13% after its profit missed expectations and the company disclosed that it found accounting errors in its recent reports. INDEXES: Near midday, the Dow was down 81.88, or 0.51%, to 16,088.34, the Nasdaq was down 15.30, or 0.38%, to 4,038.80, and the S&P 500 was down 6.89, or 0.38%, to 1,826.19.
09:31 EDTJPMJPMorgan CEO Dimon says bank 'one of the good guys' in 'Flash Boys'
Subscribe for More Information
09:26 EDTJPMJPMorgan falls after results, levels to watch
Subscribe for More Information
09:13 EDTJPMOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Fastenal (FAST), up 3%... Wells Fargo (WFC), up 0.2%. ALSO HIGHER: H&R Block (HRB), up 5% after announcing a deal for BofI (BOFI) to acquire H&R Block's bank assets. Bofi up 9.4% after the deal announcement... Zynga (ZNGA), up 1.7% after naming new CFO, shares upgraded to Equal Weight at Morgan Stanley... SINA (SINA), up 2% after announcing up to $500M share repurchase program. DOWN AFTER EARNINGS: JPMorgan (JPM), down 3.7%... NQ Mobile (NQ), down 14.6%. ALSO LOWER: Gap (GPS), down 4% after reporting March SSS fell 6%, shares downgraded at Janney Capital... Voxeljet (VJET), down 16% after 3M share secondary offering priced at $15.00... Datawatch (DWCH), down 29% after cutting its second quarter revenue outlook.
09:03 EDTJPMJPMorgan sees core margin to be 'relatively stable' throughout 2014
JPMorgan CFO Marianne Lake said the bank expects its core margin to be "relatively stable" throughout 2014 and to be "relatively stable to positive" in 2015.
08:53 EDTJPMJPMorgan weakness a buying opportunity, says BofA/Merrill
Subscribe for More Information
08:47 EDTJPMJPMorgan CFO says environment for M&A remains 'robust'
Subscribe for More Information
08:45 EDTJPMJPMorgan CFO Lake says bank lost share in mortgages
Subscribe for More Information
08:35 EDTJPMJPMorgan CFO says reported net income 'very close' to being core result
Says no one-time or non-recurring impacts to quarter were significant enough to be communicated as adjustments in earnings press release. JPMorgan CFO Marianne Lake speaking on Q1 earnings conference call.
08:32 EDTJPMJPMorgan sees adjusted expense to be below $59B for 2014
JPMorgan expects Treasury and CIO NII to break-even during the second half of 2014. The bank expects adjusted expense to be below $59B for 2014. JPMorgan is targeting Basel III Tier 1 common ratio of 10%+, with a Firm SLR target of 5.5%+/- and a Bank SLR target of 6%+.
08:29 EDTJPMJPMorgan: card releases 'essentially done,' potential for more mortgage releases
Subscribe for More Information
07:52 EDTJPMManhattan federal prosecutors probe JPMorgan's Masters, Bloomberg says
Subscribe for More Information
07:32 EDTJPMJPMorgan's Masters aimed to keep CEO position in sale, Bloomberg says
Subscribe for More Information
07:27 EDTJPMFutures indicate market slide may continue
Stock futures are suggesting another lower as the market appears ready to extend its slide. Any help investors expected from earnings reports from JP Morgan (JPM) were dashed when the company missed Wall Street estimates. Investors will be watching economic data today, including the producer price index and the University of Michigan's consumer confidence report.
07:18 EDTJPMJPMorgan down 1.6% in pre-market trading after Q1 report
07:13 EDTJPMJPMorgan reports Q1 mortgage application volumes down 57% from prior year
Subscribe for More Information
07:10 EDTJPMJPMorgan CEO Dimon has 'growing confidence' in economy
Subscribe for More Information
07:07 EDTJPMJPMorgan Q1 Basel III Tier 1 common ratio 9.5%
Subscribe for More Information
07:06 EDTJPMJPMorgan Q1 headcount down 8,904 from prior year to 246,994
Subscribe for More Information
07:06 EDTJPMJPMorgan reports Q1 provision for credit losses $850M
Subscribe for More Information
07:04 EDTJPMJPMorgan board authorizes firm to repurchase $6.5B of common equity
The board authorized the firm to repurchase $6.5B of common equity commencing within Q2 this year through the end of the first quarter of 2015. During the first quarter of 2014, the Firm repurchased $400M of common equity. The Federal Reserve Board informed the Firm that it does not object to the Firm’s proposed 2014 capital distribution plan.
07:03 EDTJPMJPMorgan reports Q1 Consumer and Community Banking revenue $10.46B
Subscribe for More Information
07:03 EDTJPMJPMorgan board increases quarterly dividend to 40c from 38c
Subscribe for More Information
07:01 EDTJPMJPMorgan reports Q1 Basel 1 Tier 1 Capital Ratio 12.1%
Subscribe for More Information
07:01 EDTJPMJPMorgan reports Q1 EPS $1.28, consensus $1.40
Subscribe for More Information
07:00 EDTJPMJPMorgan reports Q1 EPS $1.28, consensus $1.40
Reports Q1 revenue $22.99B, consensus $24.53B
06:03 EDTJPMJPMorgan CEO Jamie Dimon hopes to minimize corporate cash, WSJ says
Subscribe for More Information
April 10, 2014
15:25 EDTJPMNotable companies reporting before tomorrow's open
Subscribe for More Information
13:33 EDTJPMEarnings Preview: Analysts mixed on JPMorgan into Q1 results
Subscribe for More Information
13:08 EDTJPMJP Morgan April weekly 58 straddle priced for 2% move into Q1
Subscribe for More Information
08:37 EDTJPMDimon admits JPMorgan had 'tin ear' when listening to regulators, Reuters says
JPMorgan CEO Jamie Dimon said the company had a “tin ear” when dealing with regulators before settling investigations into mortgage lapses and trading losses, according to Reuters, citing comments from Dimon in a letter to the bank's investors. Dimon said, "Our response generally was, ‘We know what we’re doing.' Well, we should have done more self-examination. We need to be better listeners.” Reference Link
07:43 EDTJPMJPMorgan (JPM) CEO says 2013 was a year of 'pain,' WSJ reports
J.P. Morgan CEO Jamie Dimon acknowledged in his annual shareholder letter that legal issues and new regulations faced by the bank made 2013 "the most painful, difficult and nerve-wracking experience" he has ever dealt with professionally, reported The Wall Street Journal. Reference Link
06:41 EDTJPMGo Daddy hires Morgan Stanley, JPMorgan for IPO, NY Times says
Subscribe for More Information
06:35 EDTJPMMobile banking presents opportunity and risks for banks, WSJ reports
Subscribe for More Information
April 9, 2014
07:51 EDTJPMJP Morgan April volatility up into Q1 and outlook
Subscribe for More Information
07:50 EDTJPMCEO Dimon says U.S. banking system 'sound,' Europe lagging, Reuters says
Subscribe for More Information
07:18 EDTJPMLevy Economics Institute to hold a conference
Subscribe for More Information
06:35 EDTJPMRegulators increase leverage ratio requirement for large banks, NY Times says
Subscribe for More Information
06:27 EDTJPMBig banks must add capital to comply with new rules, WSJ reports
A of January 1, 2018, the U.S.'s eight largest banks -- including Citigroup (C), JPMorgan (JPM) and Goldman Sachs (GS) -- must add up to $68B in extra capital to comply with a new rule intended to help firms weather losses during periods of market stress, the Wall Street Journal. The banks will be required to maintain well above the minimum levels of capital held against assets on their books. Banks must report the new levels next year. Reference Link
<< 1 | 2 | 3 | 4 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use