|Bid||105.05 x 1200|
|Ask||105.06 x 900|
|Day's Range||103.96 - 105.70|
|52 Week Range||86.62 - 119.33|
|PE Ratio (TTM)||14.96|
|Earnings Date||Jul 13, 2018|
|Forward Dividend & Yield||2.24 (2.12%)|
|1y Target Est||121.92|
Ever since peaking in January, the Financial Sector SPDR Fund (NYSEARCA:XLF) has been firmly in the bears’ grasp. A thorough survey of the sector revealed three bank stocks on the brink of big-league breakdowns. JPMorgan Chase (NYSE:JPM) leads the group with a deadly looking descending triangle pattern.
Brooke Cooper is joining J.P. Morgan to lead the Northeast region's corporate client banking & specialized industries (CCBSI) business within commercial banking.
The Week Ahead: Case Shiller 20 and Personal PCE Inflation This week will see two pieces of data that will be fairly important in helping determine if the US economy is headed towards stagflation. On Tuesday, the Case Shiller 20 Index for home prices in 20 key metropolitan areas will be published. Consensus estimates are […] The post Market Morning: Lots of Fighting, Lots of Trade Wars, Lots of Protests, Futures Down appeared first on Market Exclusive.
JPMorgan Chase & Co. plans to sell its stake in Saudi Investment Bank back to the Riyadh-based lender at a 24 percent discount as it exits non-core holdings globally. Saudi Investment Bank signed an agreement to buy the 7.5 percent stake, which JPMorgan held for more than 40 years, for $203 million, according to a statement on Sunday. The Saudi bank will pay 13.5 riyals a share and will hold the stock as treasury stock that’ll be reissued as preferential shares at a later date.
If you’re a medical practitioner being asked by Jeff Bezos, Warren Buffett and Jamie Dimon to head up a potentially historical healthcare initiative that conveniently doesn’t have to worry about making money has got to feel like winning the Powerball lottery. Boston-based surgeon Dr. Atul Gawande, metaphorically speaking, has been given the keys to the candy store, tasked with finding healthcare delivery solutions for the employees of Amazon (NASDAQ:AMZN), Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) and JPMorgan Chase (NYSE:JPM) that lower the cost while improving the experience. It is hoped that by using these three companies as guinea pigs, the lessons learned through Dr. Gawande’s initiative could be rolled out to other Americans, ultimately changing the trajectory of America’s healthcare system for the better.
More banks are offering bonuses for opening a new checking and savings account. "To score a bonus of a few hundred bucks on a modest deposit is a pretty great return," said Greg McBride, chief financial analyst at Bankrate.com. You'll want to read the fine print, and keep interest rates in mind.
JPMorgan Chase Bank has named new executive leaders for both its consumer and business banking operations in South Florida. The New York-based banking giant has a huge presence in South Florida, ranking third in deposits with $19.8 billion as of June 30, 2017, according to the Federal Deposit Insurance Corp. It has 188 branches in the region. It was also the third-largest SBA lender in South Florida, according to the Business Journal’s Book of Lists.
It’s a controversial process that all financial institutions anxiously await every year. Since the disaster of the 2008 crisis, the U.S. Federal Reserve imposes a stress test on major banks to ensure their viability under recessionary pressures. Fortunately for all concerned, the assessed institutions passed, providing positive sentiment toward bank stocks.
NEW YORK, NY / ACCESSWIRE / June 22, 2018 / Major U.S. markets closed down on Thursday, with the Dow Jones posting its 8th consecutive daily decline, as investors' attention remained fixed on trade tension ...
Millennials are getting major FOMO from the cash sharing app Venmo. Yahoo Finance's Seana Smith, Andy Serwer, Julia LaRoche and Dan Howley discuss the New York Post's report on the cause of their anxiety.