- Reuters•2 hours ago
A judge on Friday rejected Cumulus Media Inc's bid to proceed with a refinancing plan that the second-largest U.S. radio network hoped would help reduce its $2.4 billion debt load, but was opposed by some lenders. The decision by U.S. District Judge Katherine Polk Failla in Manhattan came in a lawsuit the Atlanta-based company filed in December, accusing JPMorgan Chase & Co of withholding consent to parts of its refinancing plan. In its lawsuit, Cumulus said that JPMorgan's actions in its role as administrative agent under a 2013 credit agreement had threatened a deal it reached with bondholders that would deleverage the company by up to $305 million.
- MarketWatch•3 hours ago
U.S. stocks staged a late-day rally on Friday, with major indexes turning positive in the final minutes of trading and the Dow extending its record-setting streak as investors shrugged off concerns over ...
- 24/7 Wall St.•3 hours ago
Goldman Sachs, JPMorgan, Exxon Mobil, and Chevron weighed on the DJIA Friday.
JPM : Summary for JP Morgan Chase & Co. Common St - Yahoo Finance
JPMorgan Chase & Co. (JPM)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||89.73 - 90.54|
|52 Week Range||56.29 - 91.34|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||14.59|
|Dividend & Yield||1.92 (2.11%)|
|1y Target Est||N/A|