|Bid||0.00 x 1000|
|Ask||0.00 x 1000|
|Day's Range||111.12 - 112.77|
|52 Week Range||81.64 - 119.33|
|PE Ratio (TTM)||17.83|
|Forward Dividend & Yield||2.24 (2.04%)|
|1y Target Est||N/A|
President Trump says he will sign a roll back on some Dodd-Frank rules for banks. Yahoo Finance’s Alexis Christoforous and Dion Rabouin discuss what it means.
The latest on developments in financial markets (all times local): 4 p.m. U.S. stocks turned higher and finished with small gains after the Federal Reserve indicated it's not in a hurry to raise interest ...
JPMorgan Chase, one of the world's largest financial service companies, is among those doing well: this month, Morgan Stanley added it to its list of the 30 best long-term stock picks. "The main criterion is sustainability — of competitive advantage, business model, pricing power, cost efficiency and growth.
The nation’s largest banks — such as JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, Goldman Sachs, and Morgan Stanley — have operations around the country. Here are other recent stories reported by The Business Journals and other media outlets.
Boom times have returned on Wall Street, at least for one trading desk. Goldman Sachs made $200 million in profit on a single day this February as calm in stock markets was shattered with a historic surge in volatility, according to people with knowledge of the move. The investment bank had positioned itself to benefit if the Cboe Volatility Index , the product sometimes called the "fear index" because it reflects expectations of future volatility, climbed, said the people, who declined to be identified speaking about internal matters.
As it stands, Wells Fargo stock is down nearly 11%. If headlines are anything to go by, the once-revered financial institution will face even more challenges. The big bank’s troubles began with accusations that lower-level employees were creating fake customer accounts to meet impossible sales targets.
Hub 25 has sold for $74 million to JP Morgan Asset Management (NYSE: JPM), according to CBRE. Developed by Westfield Company, the property located at 601 E 64th Ave. in Denver is 95 percent leased. The class A multi-tenant industrial campus is on the site of the former Mapleton High School.
JPMorgan said on Wednesday it has pushed back rate hike expectations from March 2019 to June 2019 after a business survey showed that euro zone economic growth slowed much more sharply than expected this month. IHS Markit's Euro Zone Composite Flash Purchasing Managers' Index (PMI), considered a gauge of economic health, slowed in May to an 18-month low of 54.1 from 55.1, below all forecasts in a Reuters poll, which predicted a reading of 55.0. JPMorgan said it has also cut its growth forecast for the second quarter of 2018 to 2.5 percent from 3 percent previously.
The financial sector suffered a dip earlier this year along with most of the market when volatility and uncertainty seemed to dominate headlines. Over the past few years, the financial sector has proven to be one of the most resilient sectors to pullbacks, and recent price action is suggesting that the trend is about to resume its upward trajectory. As discussed above, the financial sector suffered a sharp pullback earlier this year, which is evident on the chart of the Financial Select Sector SPDR Fund.
Whether it’s a student loan, personal loan, credit card, auto loan or mortgage, you have a contractual commitment to repay your debt. Plus, missed payments can hurt your credit score. While not as bad as outright skipping a payment, a late payment also can hurt your credit score.