Tag Archives: NYSE:JPM

Wells Fargo (NYSE:WFC) Profit Hikes in First Quarter on Lower Loan Loss Provisions

Wells Fargo & Co (NYSE:WFC) on Friday announced fiscal first quarter profit hiked 23%, assisted by lower loan loss provisions, regardless of a marginal decline in revenues.

Also, Wells Fargo Major competitor JPMorgan Chase & Co (JPM) announced a 33% …

Posted in Financial, Main Post | Tagged , , , , , , , , , , , | Comments Off

Financial Sector Highlights: Visa (NYSE:V), JPMorgan Chase (NYSE:JPM) – V, JPM, MA, CPSS, JPM, WFC

Investors responded negatively to the financial stocks on Friday. Key movement were observed in Consumer Portfolio Services, Inc (NASDAQ:CPSS) was major decliner while JPMorgan Chase & Co (NYSE:JPM) and Wells Fargo & Co (NYSE:WFC) were most active stocks and both …

Posted in Financial, Latest Headlines | Tagged , , , , , , , , , , , , , , | Comments Off

Earnings Front, JP Morgan Chase & Co.’s (NYSE:JPM) and Wells Fargo & Co.’s (NYSE:WFC)

JP Morgan Chase & Co.’s (NYSE:JPM) initial-quarter net income climbed up 33% as the bank marked robust results from its investment banking wing, while costs declined and credit boosted up.

The earnings from JP Morgan, the biggest US bank by …

Posted in Latest Headlines | Tagged , , , , , | Comments Off

Financial Sector Roundup: JPMorgan Chase (NYSE:JPM), Progressive (NYSE:PGR) –MCBI, NMR, CPSS

Investors responded positively to the financial stocks on Wednesday. Key movement were monitored in MetroCorp Bancshares, Inc (NASDAQ:MCBI) and Nomura Holdings, Inc (ADR) (NYSE:NMR) on percentage gainers side while Consumer Portfolio Services, Inc (NASDAQ:CPSS) was prominent stock on percentage losers …

Posted in Financial, Latest Headlines | Tagged , , , , , , , , , , , , , , , , , | Comments Off

Evercore Partners Upgrades JPMorgan Chase (NYSE:JPM) to Overweight – JPM, C, NBH, BBVA

JPMorgan Chase & Co (NYSE:JPM) on Friday was upgraded from equal to overweight by Evercore Partners.

Evercore Partners analysts mention the financial giant has healthy fundamentals, regardless of the London Whale losses.

Analysts reported that the bank’s capital markets area …

Posted in Latest Headlines, Services | Tagged , , , , , , , , , , , | Comments Off

Wells Fargo (NYSE:WFC) Thrives in Oil-Boom States, J.P. Morgan (NYSE:JPM) Old Veteran Moving Out

Wells Fargo (NYSE:WFC) accomplished its mission of bringing deposits in the oil-boom states of the Great Plains, as per reported by new analysis by Bernstein Research.

The company stated that the Northern Plains’ shale-oil industry fueled deposit growth in that …

Posted in Latest Headlines, Services | Tagged , , , , , | Comments Off