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A JP Morgan Chase investment fund, known as JP Morgan Digital Growth Fund, is reputed to be seeking a minority stake in the social media industry by buying a portion of the micro-blogging site Twitter. The website is currently valued at nearly $4.5 billion, an...
United States (Feb 27th, 11)
Wal-Mart Stores Inc. posted troubling financial data for its final quarter, but JPMorgan contends this is not the sole reason why they have decided to downgrade the stock to neutral status. Wal-Mart lost 1.6 percent on the Dow Jones Industrial Average today br...
United States (Feb 14th, 11)
Jamie Dimon, CEO of J.P. Morgan Chase & Co. (NYSE:JPM), said in a talk to business executives attending a meeting of the Business Council, that business leaders are starting to get very concerned about the long-term consequences of the deficits of the U.S....
Business (May 5th, 10)
Bank of America (NYSE:BAC) warrants auctioned off by the government for $2.55 each in relationship to the bailout, have surged by 33 percent over the first three weeks they've been trading, making investors very happy. The Group B warrants added another 12 ce...
Banking (Mar 26th, 10)
Today both JPMorgan Chase (NYSE:JPM) and U.S. Bancorp (NYSE:USB) declared quarterly dividend of 5 cents a common share, making the annual dividend 20 cents a share for each company. JPMorgan's dividend is payable on April 30, 2010 for shareholders of record o...
Banking (Mar 16th, 10)
Basing their recommendation on government support being removed from some types of deposits, JPMorgan (NYSE:JPM) says investors should look at Wells Fargo (NYSE:WFC) options because they should do better than their weaker competitors as a result. Specifically...
Investing (Mar 2nd, 10)
According to a research note from JPMorgan Chase & Co (NYSE:JPM), another $221 billion in capital may be needed in order to comply with the enormous number of regulations on the table by governments around the world. British banks, including the Royal Ban...
Banking (Feb 18th, 10)
They were supposed to use the money to reignite the economy. Instead, they kept the cash in order to keep themselves looking adequately liquid. No decision is without consequence, however. The nation’s biggest banks - Citigroup (C), Wells Fargo (WFC), Ba...
Banking (Nov 6th, 09)