|Bid||0.00 x 800|
|Ask||117.93 x 800|
|Day's Range||117.74 - 119.23|
|52 Week Range||93.34 - 119.33|
|PE Ratio (TTM)||15.77|
|Earnings Date||Oct 12, 2018|
|Forward Dividend & Yield||2.24 (1.97%)|
|1y Target Est||122.33|
The cuts are tied to the closure of JPMorgan Chase's "CCB Operations Fraud and Customer Protection Services (FCPS) and Workforce Management" operating units.
Tariffs may not weigh on stocks as much as investors think next week, CNBC's Jim Cramer says. The "Mad Money" host shares his game plan for the week, which will include an interview with J.P. Morgan CEO Jamie Dimon. The reason for the record highs in the S&P 500 and Dow Jones Industrial Average is staring investors in the face, CNBC's Jim Cramer said on Friday.
UBS Group AG's head of consumer products and retail investment banking, David Tcholakian, has left the bank to join JPMorgan Chase & Co as a managing director, according to three people familiar with the ...
When you’re managing $2.6 trillion in assets, where do you go to connect with your customers? JPMorgan Chase found its answer at an old warehouse amid the cornfields in Westerville.
Naturally, Warren Buffett’s and his lieutenant stock picks are often at the top of most investors must see list. While it’s not Buffett’s first foray with owning Goldman, it is his biggest outright purchase of GS stock. The truth is, Goldman Sachs could be quickly becoming a great Buffett pick.
Bank of America.If you work at a bank, and you meet with a client and like the cut of his jib and decide to lend him $300 million, and the client vanishes into thin air and the bank writes off the $300 million, are you in trouble? Were you not supposed to have done that? Obviously the bank would rather have the $300 million than not; lending $300 million and getting it back is better than lending $300 million and not getting it back.
Turnover has picked up this month and the daily On-Balance-Volume (OBV) line has made a higher low versus July. The trend-following Moving Average Convergence Divergence (MACD) oscillator just turned up from the zero line for a fresh outright go long signal. Volume has slowed the past three months and the weekly OBV line is still pointed down from an early 2018 peak.
Sacramento-area banks are holding more money in fewer branches, according to the latest summary of deposits from the Federal Deposit Insurance Corp.
Jefferies Group LLC posted a 28.1 percent dip in third-quarter profit, hit by a slowdown in its investment banking unit, which advises on deals and listings. Its quarterly profit of $60.2 million, down ...
The U.S. bank with the most employees has, until now, resisted deep job cuts, keeping headcount at about 265,000. That changed Thursday, when CEO Tim Sloan informed employees that as many as 26,500 positions will be eliminated.
“It’s not how good are you now," said Gawande, who will lead a new health care startup backed by Amazon, Berkshire Hathaway and JPMorgan." It’s how good are you going to be."
Former Bear Sterns CEO Alan Schwartz explains how the Federal govenrment stepped in and set the historic price of $2 a share for Bear Stearns and its sale to JPMorgan Chase.
Ten years past the financial crisis, former Bear Stearns CEO Alan Schwartz has been asked often about the most important lessons learned from that period.
Tilray, exploding higher the prior four sessions, is showing its biggest single-session point drop on Thursday. The stock likely needs a break after rising in near-vertical fashion.
Dow stocks were in the driver's seat in afternoon trading Thursday. Intel was a top gainer in the Dow. Chinese stocks also outperformed.
Sensible investors years ago could have chosen market leaders like Polaroid, General Motors (NYSE:GM), Sears (NASDAQ:SHLD), and myriad other ‘safe’, seemingly dominant stocks that would go on to stumble badly — or even go bankrupt. It’s far from guaranteed, however, that even torrid growth will produce much in the way of long-term returns relative to the stocks’ current prices.
Former Washington Mutual CEO Kerry Killinger spoke this week about his role in the bank’s failure. We asked local bankers to share their thoughts. Some weren’t fit to print.
Technology-focused investment bank Qatalyst Partners has hired Ethan Zweig, a JPMorgan Chase & Co managing director, to join its San Francisco-based banking team. Qatalyst, founded by investment banking ...
Here are some of the companies with shares expected to trade actively in Thursday’s session. Check back closer to the market open for an updated list. Comcast Corp.—Up 0.3%: British regulators said Comcast and Fox will settle their takeover battle for Sky via an auction starting Friday, a dramatic climax to a lengthy sale process involving some of the world’s biggest media companies.
Dimon made his remarks as investors have been mostly dismissing an escalation in trade tensions between the U.S. and China, with a fresh round of tariffs between the economic superpowers set to take effect Sept. 24.
Blue chips in the Dow Jones held solid gains in afternoon trading Wednesday, while technology stocks lagged. Boeing broke out of a base.
Here are six big bank stocks that are leading the way higher and looking ready for new money, especially with a bout of recent weakness creating an attractive entry point. Bank of America (NYSE:BAC) shares are bouncing strongly off of their 200-day moving average, setting the stage for a breakout above a three-month consolidation range ahead of a possible push to the record highs set in March. When the company last reported on July 16, earnings of 63 cents per share beat estimates by 6 cents on a 0.9% decline in revenues helped by tax reform impacts.
Many Charlotte-area businesses are stepping up to do their part in helping victims of Hurricane Florence, which battered the Carolinas last week and through the weekend. Some of the banks are following suit, as well.
Is bank purgatory over? The bank stocks lead the rally. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Pete Najarian, Dan Nathan and Guy Adami.