JPMorgan's (JPM) Dimon Might Not be as Key as He Thinks....
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
JPMorgan (JPM) Trading Off to a Strong Start in Q2; Estimates Raised at Evercore
May 14, 2013 3:40 PM EDTEvercore Partners analyst Andrew Marquardt reiterated his Overweight rating and raised estimates on JPMorgan (NYSE: JPM) Tuesday citing better trading activity so far in Q2.
Marquardt said that at a conference this morning Co-CEO of CIB Mike Cavanagh noted trading results so far in 2Q are about 10-15% higher than in the same time frame a year ago (so mid-2Q12), and that trends are consistent across both FICC and equities.
"While still only half thru qtr and much can change, we are updating our ests to... More
JPMorgan's (JPM) Jamie Dimon Stomps Feet Over Possible CEO/Chairman Split, Threatens to Leave
May 13, 2013 10:30 AM EDTRightly or wrongly, JPMorgan Chase (NYSE: JPM) CEO and Chairman Jamie Dimon does not like to be told "no." In fact, the powerhouse banker is now threatening to quit the bank all together if he is forced to relinquish one of the positions.
In meetings with investors last week,... More
Another Advisory Firm Says JPMorgan (JPM) Should Split Chairman, CEO Roles
May 7, 2013 7:31 AM EDTThe second proxy advisory firm in as many days is out supporting splitting the Chairman and CEO roles at JPMorgan (NYSE: JPM).
Today, Glass Lewis came out in support of the split, which if voted on by shareholders would effectively mean... More
