Ambassador from Wall Street: The Story of Thomas W. Lamont, J.P. Morgan's Chief Executive
Market Watch (Free subscription) | 11/06/2009
LONDON (MarketWatch) -- Delhaize was upped to neutral from underweight by J.P. Morgan after the gruop's third-quarter results. The broker said the upgrade was on abating deflation over the next quarters. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketIntelligenceCenter.com (Free subscription) | 11/06/2009
Taser International (TASR) was upgraded today by analysts at JP Morgan and the stock is now at $4.32, up $.26 (6.4%) on volume of 596,888 shares traded. The analysts upgraded TASR to Overweight from Neutral. Over the last 52 weeks the stock has ranged from a low of $2.54 to a high of $5.88. Taser International stock has be...
Market Watch (Free subscription) | 11/06/2009
NEW YORK (MarketWatch) - Macy's Inc. was upgraded to overweight from neutral by J.P. Morgan analyst Charles Grom on Friday after the company posted back-to-back improvement on its monthly same-store sales on a two-year stacked basis. He said there's significant profit upside, especially in the fourth quarter. Macy's also should benefit from its My Macy's localization initiative and improvement...
Market Watch (Free subscription) | 11/06/2009
LONDON (MarketWatch) -- J.P. Morgan upgraded U.K. property developer Great Portland Estates to overweight from neutral. "We believe the stock has been punished for de-gearing at the bottom of the direct market, and concern over the departure of Rob Noel, the highly regarded property director. We believe the underperformance is overdone," the broker said. It believes the company has...
Law Blog - WSJ.com (Free subscription) | 11/05/2009
J.P. Morgan Chase's portfolio of consumer loans will continue to shrink into next year as the mortgage market keeps cooling.
BBC News (Free subscription) | 11/05/2009
US banking giant JP Morgan agrees to pay a fine of $75m to settle charges that it bribed officials in Alabama.
MarketIntelligenceCenter.com (Free subscription) | 11/06/2009
Macy's (M) was upgraded today by analysts at JP Morgan and the stock is now at $18.59, up $0.57 (3.16%) on volume of 1,984,773 shares traded. The analysts upped M to Overweight from Neutral. Over the last 52 weeks the stock has ranged from a low of $5.07 to a high of $20.84. Macy's stock has been showing support around $16.42 and resistance i...
Political Activity Law (Free subscription) | 11/06/2009
The Post reports that J.P. Morgan will make a $722 million settlement to end a matter involving the firm’s efforts to seek bond business from Jefferson County, Alabama. The Securities and Exchange Commission said Wednesday that J.P. Morgan and former managing directors Charles E. LeCroy and Douglas W. MacFaddin paid $8 million to friends of Jefferson [...]
Washington Post (Free subscription) | 11/05/2009
J.P. Morgan Chase agreed to a $722 million settlement with federal regulators over accusations that the bank and two former executives made illegal payments to win municipal bond business from Jefferson County, Ala.
Market Watch (Free subscription) | 11/04/2009
Firm will pay $75 in fines, forfeit $647 million in fees in Alabama bribery case.
MarketIntelligenceCenter.com (Free subscription) | 11/05/2009
Shanda Games Limited (GAME) opened at $10.74. So far today, the stock has hit a low of $10.71 and a high of $10.99. GAME is now trading at $10.92, up $0.36 (3.41%). Over the last 52 weeks the stock has ranged from a low of $8.76 to a high of $13.00. JP Morgan initiated coverage on GAME this morning, starting the stock at...
Law Blog - WSJ.com (Free subscription) | 11/05/2009
J.P. Morgan has canceled chunks of corporate loans in exchange for stakes in companies it never intended to acquire, including health club Bally and mattress maker Sleep Innovations, among others.
Law Blog - WSJ.com (Free subscription) | 11/04/2009
J.P. Morgan Securities and two former managing directors settled SEC charges over an unlawful payment scheme that enabled them to win business with Jefferson County, Ala.
Market Watch (Free subscription) | 11/04/2009
WASHINGTON (MarketWatch) - J.P. Morgan Chase & Co. agreed to pay more than $700 million to settle with the Securities and Exchange Commission over charges that two of the institution's former management directors engaged in an unlawful payment scheme that enabled them to win business involving municipal bond offerings in Jefferson County, Ala.. J.P. Morgan Securities settled the...
The Birmingham Business Journal (Free subscription) | 11/04/2009
Jefferson County will receive $50 million in cash and $647 million in forfeited fees from JP Morgan Securities in a settlement with the Securities and Exchange Commission announced Wednesday.
