Keeping a Balanced View on JPMorganZacks.comWe are retaining our long-term 'Neutral' recommendation on JPMorgan despite the announcement of a huge mark-to-market trading loss for the first six weeks of …Keeping a Balanced View on JPMorgan – A…
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European Crisis
Greeks Return to Ballot Box as Crisis Approaches Decisive Moment – Bloomberg
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Greeks head to the ballot box in two days for a contest that may determine the fate of the world’s first democracy and the future of the newest reserve currency, while roiling markets from Wellington to Wall Street. Almost 10 million Greeks will vote for the second time in six weeks after a May 6…
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3 Ways JPMorgan Chase Needs to Come Clean: Analyst – CNBC.com
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3 Ways JPMorgan Chase Needs to Come Clean: AnalystCNBC.comMorgan Stanley analyst Betsy Graseck said investors could see “an upside surprise” in the shares of JPMorgan Chase, as the company makes additional disclosures about “the composition of th…
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Regulators Enquired for JPM Losses – Zacks.com
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Regulators Enquired for JPM LossesZacks.comJPMorgan Chase & Co.'s (JPM – Analyst Report) huge mark-to-market loss of about $2 billion in the first six weeks of the second quarter has entangled it in numerous troubles. The company's losses h…
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JPMorgan Entangled in Lawsuit Again – Zacks.com
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JPMorgan Entangled in Lawsuit AgainZacks.comJPMorgan Chase & Co.'s (JPM – Analyst Report) huge mark-to-market loss of about $2 billion in the first six weeks of the second quarter has intertwined it in numerous troubles. According to Reuters, e…
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Greece tops G8 agenda as eurozone crisis snares Spain – Full story
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(via AFP) Fears that debt-stricken Greece may be headed for a chaotic eurozone exit loomed large as President Barack Obama met other G8 leaders for crisis talks in the United States on Friday. The Group of Eight top economies come together as Greece faces its second election in just six weeks, putting its eurozone…
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Greece starts work on new polls amid euro crisis- Full Story
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(via AFP) Greece began preparing Friday for its second election in just six weeks, amid increasing alarm over the crisis in the eurozone after the savage downgrading of banks in Spain. European stock markets opened lower after heavy losses in Asia overnight, while the euro also lost ground, slipping to $1.2657…
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Greece forms technocrat cabinet to prepare for vote – Full story
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Greece forms technocrat cabinet to prepare for vote (via AFP) Greece on Thursday unveiled a caretaker cabinet of technocrats tasked with organising the cash-strapped nation’s second elections just six weeks after an inconclusive vote sent jitters across the eurozone. The temporary team led by 67-year-old , the head of Greece’s top administrative court, is made…
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JPMorgan’s Dimon faces investors after big loss (via AFP) Full Story
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JPMorgan Chase chief executive Jamie Dimon will face shareholders’ wrath Tuesday after admitting that the top US bank lost $2 billion in derivatives trading in just six weeks. A day after JPMorgan let its chief investment officer go in the wake of the huge loss and the bank’s shares took another sharp…
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Stay In Stocks Or Sell In May? – Forbes
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AFPStay In Stocks Or Sell In May?Forbes“Sell in May and go away” is strategy that some investors and traders are likely contemplating right now. The adage is based on the historically weaker performance of stocks during the May through October time…