Tag Archive | "J.P.Morgan Chase & Co. Stock Price"

Weekly News Roundup: J.P. Morgan Chase & Co. (NYSE:JPM)

Here’s this week’s round-up of J.P. Morgan Chase & Co. (NYSE:JPM) stock briefings. J.P. Morgan Chase & Co. (NYSE:JPM) company shares ended the week at 39.17 (as of 9/3/2010).

Weekly News Roundup: J.P. Morgan Chase & Co. (NYSE:JPM)

Monday 30 August

A Zacks analyst report has defended JPMorgan Chase & Co. (NYSE:JPM) over mortgage modifications and HAMP.

JPMorgan Chase & Co.’s (NYSE:JPM) U.S. consumer and commercial banking arm Chase said on Wednesday that it has in fact offered more than 900,000 mortgage modifications since the beginning of 2009 in accordance with the Home Affordable Modification Program (HAMP), in efforts to reduce home foreclosure rates.

The company has met 140,000 homeowners in face-to-face counselling sessions in the hardest-hit areas of home foreclosure.

Wednesday 1 September

JPMorgan Chase & Co. (NYSE:JPM) is closing down its proprietary trading operations this month, and has notified its 20 or so proprietary-commodities traders that their positions will be eliminated, according to a person familiar with the matter.

Proprietary trading is simply when the company’s own traders actively trade securities with the company’s own money, as opposed to clients’.

Thursday 2 September

JPMorgan Chase & Co. (NYSE:JPM) did well Wednesday, leading a rally in the Dow Industrials as manufacturing data was released showing strength in the sector.

The company gained 1.38 points, or 3.8%, to end the day at 37.74. The Dow rose 254.75 points, or 2.54% to close at 10,269.47.

Friday 3 September

Chase Bank, an arm of JPMorgan Chase & Co. (NYSE:JPM) announced it is hiring 125 to 150 full-time workers for its Tempe, Arizona, operations center, said spokeswoman Mary Jane Rogers. The company will hold a job fair in downtown Phoenix on Sept. 9, in order to find the underwriters, closers, processors and managers it needs for it’s new branch.

We will be monitoring the J.P. Morgan Chase & Co. (NYSE:JPM) share price for developments over the next few weeks.

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Weekly News Roundup: J.P. Morgan Chase & Co. (NYSE:JPM)

Here are this week’s stock briefs for J.P. Morgan Chase & Co. (NYSE:JPM). J.P. Morgan Chase & Co. (NYSE:JPM) shares ended the week at 36.6 (as of 8/27/2010).

Weekly News Roundup: J.P. Morgan Chase & Co. (NYSE:JPM)

Tuesday 24 August

JP Morgan Chase & Co. (NYSE:JPM) told clients in a note on Friday that they expect China’s GDP growth to fall in a near-term “loss of momentum” both in the U.S. and worldwide. J.P. Morgan (NYSE:JPM) expects these conditions to endure until at least the end of 2011.

Their previous estimate of 10 percent has been lowered to 9.8 percent for 2010, and as low as 8.6 percent for 2011.

Much of this is in relationship to China’s battle with their urban real estate markets, which are in danger of overheating.

Wednesday 25 August

J.P. Morgan Chase & Co. (NYSE:JPM) is now in a legal battle with – you guessed it – janitors. Two weeks ago, 19 janitors were laid off from their jobs in Century Plaza Towers, a ritzy Los Angeles building owned by JPMorgan Chase (NYSE:JPM).

The janitors recently staged a 3-day protest and hunger strike at the building, along with their comrades from the Service Employees International Union.

Union attorneys are calling these layoffs cold and heartless, considering the low pay the janitors receive and that J.P. Morgan Chase & Co. (NYSE:JPM) has just received a $95 billion taxpayer bailout.

We will continue checking the J.P. Morgan Chase & Co. (NYSE:JPM) stock level for developments over the next few weeks.

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Weekly News Roundup: J.P. Morgan Chase & Co. (NYSE:JPM)

Here’s a run-down of J.P. Morgan Chase & Co. (NYSE:JPM) news stories from this week. J.P. Morgan Chase & Co. (NYSE:JPM) company shares ended the week at 37.5 (as of 8/13/2010).

Weekly News Roundup: J.P. Morgan Chase & Co. (NYSE:JPM)

Wednesday 11 August

As part of the process of expanding lending to apartment building owners, J.P. Morgan Chase & Co. (NYSE:JPM) has purchased a loan portfolio from Citigroup.

The $3.5 billion real-estate loan portfolio from Citigroup is mainly focused on multifamily loans, as well as a share of commercial real-estate.

Citigroup, on the other hand, has been preparing to sell loans and businesses that they have found to be unfit, in line with the company’s strategy post-recession.

We’ll be keeping a close eye on the J.P. Morgan Chase & Co. (NYSE:JPM) stock level for changes over the next few weeks.

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J.P. Morgan Chase & Co. (NYSE:JPM) Faces Grilling With The Big 4

The biggest 4 mortgage loan providers in the US, including J.P. Morgan Chase & Co. (NYSE:JPM), have been summoned to Capitol Hill to give some answers.

J P Morgan Chase & Co. (NYSE:JPM) company shares stood at 38.03 at the end of trading on 6/24/2010.


J.P. Morgan Chase & Co. (NYSE:JPM) Faces Grilling With The Big 4

The biggest 4 mortgage loan providers in the US are summoned to Capitol Hill to give some answers as to why they are failing to provide help to home-owners who risk defaulting on their mortgages. “I just wonder how hard you are really trying?” one legislator asked David Lowman, a lending executive at J.P. Morgan Chase & Co. (NYSE:JPM).

If you’re looking to make a move on the J P Morgan Chase & Co. (NYSE:JPM) shares, be sure you do it at the right price. Timing the market or technical analysis is often a hard task, but do consider the price history:

Price History
Last Price: 38.03
52 Week Low / High: 31.59 / 48.2
50 Day Moving Average: 40.86
6 Month Price Change %: -6.4%
12 Month Price Change %: 15.9%

We’ll be keeping a close eye on the J P Morgan Chase & Co. (NYSE:JPM) share price for changes over the next couple of weeks.

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J.P. Morgan Chase & Co. (NYSE:JPM) Replaces CFO

J.P. Morgan Chase & Co. (NYSE:JPM) shuffles executives, replacing former CFO Michael Cavanagn.

J.P.Morgan Chase & Co. (NYSE:JPM) company shares stood at 39.51 as of 6/22/2010 signifying a +0.63 – +1.62% change over the previous trading period.


J.P. Morgan Chase & Co. (NYSE:JPM) Replaces CFO

JPMorgan Chase & Co said Tuesday that it has replaced Chief Financial Officer Michael Cavanagh with Doug Braunstein, who is the company’s head of investment banking for the Americas. Cavanagh will now function as the company’s executive of of treasury and securities services. This is part of an initiative at J.P. Morgan Chase & Co. (NYSE:JPM) to give its executives experiences.

If you’re contemplating investing in J.P.Morgan Chase & Co. (NYSE:JPM) shares, make sure you make the trade at the right price. Timing the market or technical analysis can be a hard task, but do make sure you take into account the price history:

Price History
Last Price: 39.51
52 Week Low / High: 31.59 / 48.2
50 Day Moving Average: 41.15
6 Month Price Change %: -7.2%
12 Month Price Change %: 11.1%

We will continue checking the J.P.Morgan Chase & Co. (NYSE:JPM) share price for developments over the next few weeks.

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