Topic: JPMorgan Chase & Co.

We're already back to buying new cars, packing the airports and vacation destinations, and piling money into the stock marketGlobal financial authorities proved to be quite adept at reacting quickly, step-by-panicked step, to the financial crisis as it unfolded, making hasty dramatic ...

Bear Stearns Buyout Gains Approval

The article reports on the approval by Bear Stearns' shareholders to the $2.2 billion buyout offering of JPMorgan Chase in 2008. The deal would amount to $10 per share which is higher than the original bid of $2 per share. Under the ...

Cummins Q2 2010 Earnings Call Transcript

Cummins (CMI) Q2 2010 Earnings Call July 27, 2010 10:00 am ET. During that period, sales in China have increased 99% from the same period last year, while sales in India are up 45% and sales in Brazil have risen 94%. JV ...
Harley-Davidson, Inc. (HOG) Q2 2010 Earnings Call Transcript July 20, 2010 9:00 am ET. This morning, you will hear from Harley-Davidson's CEO, Keith Wandell; CFO, John Olin; and, President of Harley-Davidson Financial Services, Larry Hund. We saw continued improvement at HDFS and ...
JPMorgan earns $4.8 billion in 2nd quarter, reduces loan loss reservesJPMorgan Chase & Co. said Thursday its second-quarter net income soared 77 percent to $4.8 billion as a slowdown in losses from failed loans helped offset a difficult spring in trading and ...

Wall St Week Ahead: Stocks, at crossroads, turn to earnings

NEW YORK (Reuters) - The U.S. stock market landed at a technical crossroads following its best week in a year, yet the potential for positive earnings surprises beginning next week could give an edge to the bulls.Analysts turned increasingly bearish before the ...

JAMES DIMON

New York City Mayor Michael Bloomberg labeled Dimon as a Shakesperean who is also viewed as one of the most famous banker in the U.S. Dimon headed JP Morgan when it acquired Bear Stearns and later one, Washington Mutual. JOHN MACK CEO, ...

Recession, bear markets hit the rich, too

NEW YORK (Reuters) - Turns out the rich may not be so different from you and me: They, too, are falling behind on their mortgages.The U.S. housing market crash triggered the 2008 financial crisis and fueled a wave of mortgage defaults and ...
Lehman estate sues JPMorgan to recoup collateral Lehman provided JPMorgan in final daysThe estate of Lehman Brothers has sued JPMorgan Chase, claiming JPMorgan helped drive Lehman into bankruptcy by forcing it into giving up needed cash reserves.Lehman alleges that JPMorgan forced the ...
Banks use trading to boost earnings while loan losses start to show signs of improvementThe nation's big banks have found the key to success while they wait for the economy to recover: aggressive trading of investments including bonds, currencies and commodities.But they ...
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