Tag: JPMorgan Chase & Co.

Get ready for peak earnings growth as second-quarter results kick off this week

Stock indexes shot back into record territory Friday, a day after their stumble sparked by tumbling Treasury yields and economic growth concerns. Equities could be...

Here’s your chance to buy bank stocks before rising interest rates boost profits

Shares of the largest U.S. banks have staged a recovery following the stock market’s pandemic low point last year. But they have lagged behind the...

A state treasurer convinced big banks to commit billions of dollars to tackle racial inequities. Here is the result

In an effort stemming from the murder of George Floyd and at the behest of a Connecticut state official, a who’s who of financial institutions...

Synlab targets $6 billion market capitalization in Frankfurt IPO as COVID-19 testing booms

Synlab has set the price range for its planned initial public offering in Frankfurt at €18 to €23 a share, giving Europe’s largest laboratory services...

Get ready for stock buybacks to roar back

U.S. corporations ranging from financial powerhouses to technology titans also have been stockpiling cash as a ballast against the COVID-19 storm. Investment-grade companies ended 2020...

Rockefeller Foundation built on a fossil-fuel fortune becomes largest philanthropist to shun oil investments

The Rockefeller Foundation, a 107-year-old philanthropy built by oil tycoon John D. Rockefeller, says it will completely break with the fossil-fuel industry that seeded its...

Georgia Republican reportedly flipped shares of anti-malware company dozens of times while serving on Senate’s cybersecurity subcommittee

David Perdue. Getty Images With control of the U.S. Senate hanging in the balance ahead of the Jan. 5 runoff elections in Georgia, Republican incumbent...

Don’t settle for skimpy bond yields and make dividend stocks your best income play, fixed-income veteran says

With interest rates at record lows, income-seeking investors who were used to relatively safe bond investments with decent yields have to look elsewhere. Either that...

10 stocks positioned for an ‘abrupt’ rebound when normalcy finally returns — none of them are tech

The stock market continues to buck the steady flow of troubling headlines and gloomy metrics in a stark disconnect with the economy that’s been hotly...

JPMorgan Chase shareholders defeat call for greater climate-change disclosure at world’s largest oil funder

Shareholders of JPMorgan Chase & Co. JPM, -1.96% on Tuesday narrowly defeated the call for greater company disclosure around lending activities that affect climate change....

‘This is going to hurt’ — pain is on the way for the four big U.S. banks

The four largest U.S. banks posted profits in the first quarter, even though they set aside billions of dollars for expected loan losses. Some analysts...

Bank earnings preview: As industry profits get cut in half, the winners will emerge next year

The first quarter of 2020 was the worst on record for two broad bank-stock indexes. Investors quickly fled the group for fear of loan losses...

These bargain bank stocks may emerge from the coronavirus crisis as big winners

With the U.S. economy set to contract severely this quarter amid the COVID-19 lockdown, bank stocks as a group have fallen much more than the...

Three stocks to buy during the coronavirus crash — besides the usual suspects

The COVID-19 pandemic has taken the U.S. economy from near-record-low unemployment to mass layoffs and firings. It’s too soon to predict a rebound, but there...

U.S. was not adequately prepared for pandemic, says J.P. Morgan CEO Jamie Dimon

The U.S. was not adequately prepared for the current coronavirus pandemic and needs to address the lack of planning to better prepare for future crises,...