|Bid||93.70 x 1000|
|Ask||93.75 x 200|
|Day's Range||93.34 - 94.03|
|52 Week Range||65.11 - 95.37|
|PE Ratio (TTM)||13.82|
|Dividend & Yield||2.00 (2.13%)|
|1y Target Est||N/A|
JPMorgan Chase & Co (JPM.N) scored a partial victory on Tuesday in a long-running dispute over the repayment of a $1.5 billion loan it made to General Motors' bankrupt predecessor, known as 'Old GM'. U.S. Bankruptcy Judge Martin Glenn in Manhattan sided with the bank against Old GM's unsecured creditors, who have been trying to claw back the money, finding that most assets securing the loan, like robots and conveyor belts, were "fixtures" covered by a JPMorgan lien. Unsecured creditors had hoped to convince Glenn the assets were not covered by the lien, which would have cleared the way for them to try to recoup money that Old GM repaid to the bank.
Deutsche disses two of America's biggest banks -- but Deutsche also sees some bargains.
After a big post-election surge in 2016, bank stocks have mostly lagged the market so far in 2017. In a new note Monday, Deutsche Bank analyst Matt O’Connor said things will only get worse for banks from ...