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updated: Sun Jul 20, 2008 02:00 am

JP Morgan Chase News

News on JP Morgan Chase continually updated from thousands of sources around the net.

31 min ago | People's Daily

Dollar mixed on profit results

The U.S. dollar traded mixed against major currencies on Friday on better-than-expected profit report from Citigroup and disappointing high-tech earnings.

Comment?

Related Topix: Financial Markets, Banking, Financial Services, Citigroup

Sat Jul 19, 2008

Bloomberg.com

Ex-Bear Stearns Hedge-Fund Managers May Face More Charges in U.S. Probe

Former Bear Stearns Cos. hedge fund managers Ralph Cioffi and Matthew Tannin , indicted for fraud and conspiracy last month in the first case stemming from a federal probe of the mortgage-market collapse, may ...

Comment?

Related Topix: Banking, Financial Services, Home, Mortgage, Brooklyn, NY, New York, NY

Daily Times

Dollar up on Citi earnings

NEW YORK: The dollar rose against a basket of six major currencies on Friday, boosted by news Citigroup Inc posted a smaller-than-expected loss in the second quarter, further calming fears about the health of ...

Comment?

Related Topix: Banking, Financial Services, Citigroup, Financial Markets

Bloomberg Business News

U.S. Stocks Advance as JPMorgan Profit Beats Estimates, Oil Price Declines

U.S. stocks advanced for a second day after JPMorgan Chase & Co. reported earnings that topped analysts' estimates and falling oil prices sparked a rally in consumer shares.

Comment?

Related Topix: Banking, Financial Services, Huntington Bancshares, Comerica, Home Depot, Retail, Household Products, Lisle, IL

Herald & Review

Venture capital investments hold steady in 2Q

Trader Tommy Kalikas talks on his phone as he checks his digital notepad during early trading at the New York Stock Exchange, Thursday July17, 2008.Stocks mostly rose Thursday as investors parsed ...

Comment?

Related Topix: Banking, Venture Capital, Emerging Technology

Fri Jul 18, 2008

Financial Planning

JPMorgan Takes Dip in 2Q Results, Offers Mea Culpa for Jumbo Mortgages

JPMorgan Chase & Co. reported a net income of $2 billion, down 52% from $4.2 billion in the second quarter of 2007.

Comment?

Related Topix: Banking, Mortgage, Home

680News

Federal prosecutors eye more charges for Bear Stearns executives

Federal prosecutors in the United States confirmed Friday that they expect to bring more criminal charges against two former Bear Stearns hedge fund managers already accused of lying to investors about the ...

Comment?

Related Topix: Banking

Stockton Record

Dollar slips against euro, yen; rises vs pound

The dollar drifted lower against the euro and yen today after the European Central Bank's president said inflation would edge back to around 2 percent within a year-and-a-half, and economic growth was likely to ...

Comment?

Related Topix: Banking, Financial Services, York (Pennsylvania State University System), Citigroup

MarketWatch

Financial Stocks: Fannie, Freddie lead banks higher

Fannie Mae and Freddie Mac shares surged again Thursday, and better-than-expected earnings from J.P. Morgan Chase and Huntington Bancshares helped power the financial-services sector higher for a second day.

Comment?

Related Topix: Financial Markets, Banking, Financial Services, Huntington Bancshares

Houston Chronicle

Citigroup reports third straight quarterly loss

Citigroup, the biggest U.S. bank by assets, reported its third straight quarterly loss after at least $7 billion of credit-market writedowns.

Comment?

Related Topix: Banking, Financial Services, Merrill Lynch and Co, Investment Services, Citigroup

The Phoenix

Stocks end higher on falling energy prices

The Dow Jones industrial average rose more than 200 points, bringing their two-day advance to more than 480.

Comment?

Related Topix: Manufacturing, Industrial Machines, Banking, Security, United Technologies Corporation, Financial Markets

Thu Jul 17, 2008

The Modesto Bee

Merrill Lynch posts 2Q loss; sells Bloomberg stake

Merrill Lynch & Co. on Thursday issued its latest assessment of the damage it has suffered from the credit crisis: its fourth straight quarterly loss and write-downs from failed investments approaching $40 ...

Comment?

Related Topix: Banking, Media, IT Services, Financial Services, Merrill Lynch and Co, Investment Services, Home, Mortgage

The Post-Standard

JPMorgan, Harley, eBay, Starbucks among big movers

Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Story Stox for 7/18 JPMorgan Chase & Co., up $4.48 at $40.42 The banking behemoth reported ...

Comment?

Related Topix: Financial Markets, Harley Davidson, Automakers, Banking

The Globe and Mail

JPMorgan profit falls, beats expectations

The third-largest U.S. bank, which bought Bear Stearns Cos. in May, had until now mostly sidestepped the credit crisis that has seen massive write-downs for Wall Street firms.

Comment?

Related Topix: Banking, Home, Mortgage, Personal Finance, Financial Services, Citigroup, Merrill Lynch and Co, Investment Services, Investment Banking

Wed Jul 16, 2008

InvestmentNews

SEC on the hunt for rumormongers

The Securities and Exchange Commission has issued subpoenas in recent weeks to some Wall Street giants and hedge fund managers, searching for information on the suspected rumors that some say led to the fall of ...

Comment?

Related Topix: Banking, Financial Services, Corporate / Securities Law, Law, Securities and Exchange Commission, Manufacturing, Industrial Machines, Commercial Printing, Electronics, Merrill Lynch and Co, Investment Services

Seeking Alpha

Earnings Preview: JP Morgan Chase

Chas e is expected to report Q2 earnings before market open on Thursday, July 17, with a conference call scheduled for 8:00 am ET.

Comment?

Related Topix: Banking

News-Times

SEC issues emergency rule to curb short sales

U.S. securities regulators issued an emergency rule on Tuesday to limit certain types of short selling in major financial firms, including Fannie Mae and Freddie Mac .

Comment?

Related Topix: Financial Services, Investment Banking, Investment Services, Banking

Tue Jul 15, 2008

Earth Times

Bank shares sink to 1996 levels on loss fears

U.S. bank shares fell to their lowest level since 1996 on fears of greater credit losses for an already battered sector.

Comment?

Related Topix: Ben Bernanke, Banking, Financial Services, Citigroup, US Bancorp

MarketWatch

David Weidner's Writing on the Wall: Heroes of the Wall Street crisis

Heroes are made not in the best of times, but in times of trouble, when things look bleakest.

Comment?

Related Topix: Mortgage, Personal Finance, Deposit, NY, Banking

Mon Jul 14, 2008

Chief Executive

Victory Without Vindication

Ken Langone one of the most powerful men on Wall Street - 'respected if not always admired.

Comment?

Related Topix: Investment Banking, Financial Services, Goldman Sachs Group, Investment Services, Banking, Morgan Stanley

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