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Stock Market & Financial Investment News

News Breaks
July 25, 2012
07:23 EDTWFC, JPM, PNCWells Fargo ranked highest in hard-to-value assets, Bloomberg reports
Wells Fargo (WFC), the largest U.S. home lender, ranked first among the six biggest U.S. commercial banks with the highest percentage of hard-to-value assets in its securities portfolio, Standard & Poors said, reports Bloomberg. The Level 3 assets comprised 14.5% of the holdings they identified for sale as of March 31, S&P said. PNC Financial Services Group (PNC) ranked second, with 13.6%, followed by JPMorgan Chase (JPM) with 6.8%. Reference Link
News For WFC;PNC;JPM From The Last 14 Days
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May 23, 2013
14:45 EDTJPMJPMorgan names Barry Sommers head of consumer bank, Reuters says
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11:56 EDTJPMVisa names Ryan McInerney president
Visa (V) announced the appointment of Ryan McInerney as president of Visa. In this role, McInerney will be responsible for Visa's global client organization, product management as well as a new solutions group, which will focus on building and bringing to market new products and services to Visa's issuer, acquirer and merchant clients. Mr. McInerney will report to Charlie Scharf, CEO of Visa . McInerney joins Visa from JP Morgan Chase (JPM) where he was the CEO of Consumer Banking.
08:10 EDTJPMJPMorgan compelling at current levels, says RW Baird
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07:12 EDTJPMWall Street trying to use trade deals to weaken Dodd-Frank, Bloomberg reports
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06:32 EDTJPMDimon looks to improve JPMorgan after winning vote, NY Times says
After JPMorgan's (JPM) shareholders voted to allow Jamie Dimon to keep his dual role as the bank's CEO and chairman, Dimon is looking to repair the bank's relationship with regulators and "fortify risk controls," according to The New York Times. Reference Link
06:29 EDTJPMSoftware firm Luxoft files for IPO in New York, Bloomberg reports
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06:08 EDTJPMOn the Fly: Periodicals Wrap-Up
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05:48 EDTJPMProxy advisers see their power diminish, WSJ reports
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May 22, 2013
14:54 EDTJPMJPMorgan not likely to add new board members soon, Bloomberg says
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10:31 EDTJPMJPMorgan spikes higher along with peers, levels to watch
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09:02 EDTWFC, JPMFinancials upgraded to Overweight from Market Weight at Wells Fargo
Wells Fargo believes that financials' earnings continue to be the strongest of any sector in the S&P 500. The firm thinks that the sector's stocks appear to be breaking out from a technical standpoint. Citigroup (c) and Ameriprise Financial (AMP) are on the firm's priority list.
May 21, 2013
16:26 EDTJPMOn The Fly: Closing Wrap
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12:36 EDTJPMOn The Fly: Midday Wrap
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11:47 EDTJPMJPMorgan holders vote to keep Dimon as Chairman, CEO
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11:09 EDTJPMJPMorgan's Raymond says 'stay tuned' on composition of risk committee
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11:03 EDTJPMJPMorgan's Dimon says more regulatory consent orders expected
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09:03 EDTJPMJPMorgan CEO looks set to hold onto chairman role, NY Times reports
Preliminary votes indicate JPMorgan CEO Jamie Dimon will hold onto his title of chairman, New York Times reports, citing people who have seen today's shareholder vote results. Reference Link
07:32 EDTJPMJPMorgan's Mowat likes India among emerging market stocks, Economic Times says
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07:26 EDTPNC, WFCBarclays to host a conference
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07:13 EDTWFC, JPMU.S. bank mergers less likely this year, Bloomberg reports
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